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The Dia Art Foundation, which closed its two galleries in Manhattan in 2004, has gathered about half the money needed to build its new space in New York City’s Chelsea neighborhood. While the organization has pushed their fundraising efforts into high gear, they are left without an acquisition fund for its collection, which includes works from the 1960s to the present.

The Dia Art Foundation announced that they will be holding a sale of paintings and sculptures at Sotheby’s in New York on November 13-14, 2013 to remedy that. The foundation hopes to raise at least $20 million by auctioning off works by Cy Twombly (1928-2011), John Chamberlain (1927-2011) and Barnett Newman (1905-1970).

The Dia Art Foundation’s collection includes works by modern and contemporary artists such as Andy Warhol (1921-1987), Joseph Beuys (1921-1986) and Louise Bourgeois (1911-2010). Philippe Vergne, the Dia’s director, has not commented on what works he’s hoping to acquired with the funds from the Sotheby’s sale.

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Over the years Rockefeller Center has hosted a number of important art installations including Jeff Koons’ (b. 1955) hulking terrier puppy made out of 43 feet worth of flowering plants (2000); Louise Bourgeois’ (1911-2010) Maman and Spiders (2001), which featured the French artist’s famous arachnid creatures; and Takashi Murakami’s (b. 1963) Reversed Double Helix (2003, which included a 30-foot-tall Buddha-like figure, two giant floating balloons, and a forest of mushroom seating.

The impressive public art displays were an integral part of Rockefeller Center until the project was put on hold in 2008 due to the American economy’s dismal state. At the time, the owners of Rockefeller Center were working on a number of major interior restoration projects and felt that spending money on public art during such a stringent time was unwise.

As the economy and public morale slowly regain their footing, Rockefeller Center has decided to re-launch its public art project. With assistance from the Public Art Fund, the first installation will feature nine human-shaped sculptures by the Swiss-born, New York-based artist Ugo Rondinone (b. 1964). The sculptures stand between 16 and 20 feet tall and are made from bluestone that was excavated from a quarry in Pennsylvania. Much of the stone that makes up Rockefeller Center’s sidewalks came from the same region.

Rondinone’s Human Nature will be on view April 23 through June 7, 2013.

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Thursday, 18 October 2012 16:27

Getty Institute Buys Knoedler Gallery Archive

165 years ago, the Knoedler Gallery opened its doors in New York and went on to help create some of the country’s most celebrated collections including those of Paul Mellon, Henry Clay Frick, and Robert Sterling Clark. Throughout the years, top-notch works by artists such as van Gogh, Manet, Winslow Homer, John Singer Sargent, Louise Bourgeois, and Willem de Kooning passed through the gallery. When the Soviet government sold hundreds of paintings from the State Hermitage Museum in Leningrad in the 1930s, they chose to work with Knoedler to sell paintings by masters like Rembrandt, Raphael, and Velazquez.

Knoedler’s exemplary past is often forgotten as the gallery’s present has been mired in lawsuits and accusations that the company’s former president, Ann Freedman, was in the business of selling fakes. Last year, Knoedler Gallery closed its doors for good.

This week, Los Angeles’ Getty Research Institute announced that it had bought the Knoedler Gallery archive. Spanning from around 1850 to 1971, the archive includes stock books, sales books, a photo archive and files of correspondence, including letters from artists and collectors, some with illustrations. The Getty was interested in Knoedler’s archive because it offers an expansive glimpse into the history of collecting and the art market in the United States and Europe from the mid-19th century to modern times.

The archive was purchased from Knoedler’s owner, Michael Hammer, for an undisclosed amount. Meticulously preserved, the archive will be available to scholars and digitized for online research after the Getty catalogues and conserves it all.

Published in News
Friday, 12 October 2012 19:49

Frieze Masters Enjoys Serious Sales

The inaugural Frieze Masters fair is already drawing comparisons to TEFAF Maastricht, the pinnacle of Old Masters fairs that takes place annually in the Netherlands. Featured alongside the contemporary art world staple, the Frieze Art Fair, Frieze Masters has been watching the sales add up.

Highlights include a Louise Bourgeois bronze, Avenza Revisted (1968–69), that was sold by New York’s Cheim & Reid gallery for $1.5 million, Bruce Nauman’s installation, Parallax Shell (1971), along with the drawing for it, which was sold by Sperone Westwater (New York) for $2–3 million, and Pablo Picasso’s Homme et Femme au Bouquet (197) which brought in around $9 million during the fair’s preview thanks to Wan de Weghe Fine Art (New York).

Concluding on October 14, Frieze Master still has plenty of time to keep the sales coming.

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