Displaying items by tag: jeanmichel basquiat

For almost 30 years, Leila Heller ran her gallery from the Upper East Side, making a name for herself as an art dealer and for her support of emerging and midcareer Middle Eastern artists, before setting up shop in 2010 on a gallery-lined stretch of West 25th Street.

Now, Ms. Heller is returning uptown with a 16,000-square-foot, six-floor space in Midtown Manhattan that she will operate in addition to the Chelsea location. The new gallery will open on Tuesday, with an inaugural exhibition on portraiture that will run through August.

Acquavella Galleries in New York is currently hosting the exhibition “Jean-Michel Basquiat Drawing: Works from the Schorr Family Collection.” The show was curated by Fred Hoffman, who was introduced to Basquiat by fellow art dealer Larry Gagosian in 1982. Hoffman helped Basquiat produce five editions of prints, which were published in 1983 by New City Editions in Venice, California. Hoffman also assisted in the production of the artist’s 1984 silkscreen paintings and co-curated Basquiat’s retrospective at the Brooklyn Museum in 2005. He is the Ahmanson Curatorial Fellow at the Museum of Contemporary Art in Los Angeles.

“Jean-Michel Basquiat Drawing” features 22 works on paper and two paintings from the collection of Herbert and Lenore Schorr, Los Angeles-based collectors who met the artist in 1981, before his first exhibition in New York. The Schorrs quickly became Basquiat’s devoted collectors, supporters, and friends. While the couple owns several seminal Basquiat paintings, what makes their holdings so unique is their vast collection of works on paper. Hoffman said, “The Schorrs astutely understood that working on paper was equally central to his practice as painting on canvas. The collection demonstrates both the focus and ambition that the artist invested in the medium of drawing.” Drawing is an essential component of Basquiat’s graffiti-inspired Neo-expressionist and Primitivist works. Between 1980-1988, the artist produced approximately 1,000 works on paper that exemplify his frenetic, bold, and gestural style.

The two paintings on view at Acquavella Galleries include a portrait that Basquiat painted of the Schorrs and “Leonardo da Vinci’s Greatest Hits,” which was part of an exhibition at Fun Gallery in New York in 1983. The show didn’t receive any critical attention and the Schorrs were the only people to buy a painting. “Leonardo da Vinci’s Greatest Hits” is now considered a foremost example of Basquiat’s work. Lenore Schorr said, “We had so much confidence in him from the beginning and couldn’t understand why other people couldn’t see it.”

Today, Basquiat, who died in 1988 at the age of 27, commands extremely high prices at auction. In May 2013, “Dustheads” sold for $48.8 million at Christie’s, setting the record for Basquiat at auction. His work is included in private and public collections throughout the world, including the Broad Art Foundation in California, Centre Georges Pompidou in Paris, Museu d’art Contemporani de Barcelona in Spain, and the Museum of Modern Art in New York.

Acquavella Galleries was founded by Nicholas Acquavella in 1921. The gallery initially specialized in works of the Italian Renaissance, but in 1960, when Acquavella’s son William joined the business, the gallery expanded to major works of the 19th and 20th centuries, including masters of Impressionism, Post-Impressionism, Cubism, and Surrealism. The gallery has since expanded and the entire scope of the 20th century is now represented.

“Jean-Michel Basquiat Drawing: Works from the Schorr Family Collection” will remain on view at Acquavella Galleries through June 13.

Auction houses expect to sell as much as $2.3 billion of art in New York this month as billionaires from China to Brazil compete for trophy works by Claude Monet, Pablo Picasso and Jeff Koons in a surging market.

Two weeks of semiannual sales of Impressionist, modern, postwar and contemporary art at Christie’s, Sotheby’s (BID) and Phillips begin May 6, with online bidding as early as today. Their combined sales target represents a 77 percent increase from estimates for a similar round of auctions a year ago.

On May 13, Christie’s will offer a rare painting by Jean-Michel Basquiat during its Evening Auction of Post-War and Contemporary Art in New York. The work, which has resided in the same private collection since it was acquired from Annina Nosei’s SoHo gallery in 1982, is expected to fetch between $20 million and $30 million.

Basquiat’s graffiti-inspired Neo-expressionist and Primitivist paintings are highly sought after by collectors and remain influential in the realm of contemporary art. “Untitled,” which was created in 1981, the year that Basquiat transitioned from the underground art scene to international stardom, is frenetic, bold, and colorful -- characteristics that define the artist’s style. Brimming with gestural lines, broad strokes, and flat expanses of color, the work also exemplifies Basquiat’s technique during this period.

“Untitled” ranks among Basquiat’s largest canvases and has not been seen publicly until now. The work is being offered by the heirs of the painting’s original owner, Anita Reiner.

Two sisters of the late, New York City-based modern artist, Jean-Michel Basquiat, filed a $1 million lawsuit against Christie’s in Manhattan’s Federal District Court on Tuesday, March 4. Basquiat’s siblings claim that the auction house tried to sell possible fakes and falsely suggested that a number of the works had been authenticated by the estate.

The works in question are being offered by Alexis Adler, Basquiat’s former girlfriend and roommate, and include poems written on scrap paper, painted clothing, a sketchbook, prints, and collages. The suit states that six of the more than three dozen items being offered were authenticated by the estate in 2007, but one was rejected because the committee did not consider it a work of art. The other objects were never submitted for the authentication committee’s approval. The lawsuit states that despite bypassing the committee, Christie’s included a notice in the auction catalog that the works being offered had been copyrighted by the estate. Basquiat’s sisters are seeking a court order barring the auction house from using the estate’s name in the sale.

The Basquiat auction, which is being held online and at the auction house, began on Monday, March 2 and will run through Monday, March 17.

Basquiat, who rose to fame in the 1980s, died of a drug overdose in 1988. His graffiti-inspired Neo-expressionist and Primitivist paintings remain highly influential in the realm of contemporary art.

After three years at the helm of the Los Angeles Museum of Contemporary Art (MOCA), former New York art dealer, Jeffrey Deitch, is expected to resign as director. Deitch announced his intention to leave the institution to MOCA's trustees and board. He is currently in the middle of a five-year contract with the museum.

Prior to joining MOCA in 2010, Deitch ran the Deitch Project, a massively successful and pioneering contemporary art gallery in Manhattan. He also served on the authentication committee of the estate of Jean-Michel Basquiat, one of Deitch’s close friends.

Deitch’s tenure at MOCA has been plagued by criticism. After firing longtime chief curator Paul Schimmel in 2012, John Baldessari, Ed Ruscha, Catherine Opie and Barbara Kruger resigned from the museum’s board, leaving it void of artist representation. While MOCA was in poor financial standing when Deitch came on board, the museum continued to fall into financial despair during his time as director. The museum is just starting to regain its footing after fundraising efforts by board members garnered over $75 million in donations.

A meeting is schedule for MOCA’s board on Wednesday, July 24, 2013. A search committee is expected to form shortly after.

Jean-Michel Basquiat’s (1960-1988) neo-expressionist painting Untitled (1982) sold for $29 million at Christie’s in London on June 25, 2013, surpassing its pre-sale estimate of $24.7 million. The work, which was acquired by the seller for $1.7 million in 2002, sold to a telephone bidder. Untitled was painted in the same year as Dustheads, the Basquiat painting that sold for $48.8 million in May 2013, setting the record for the artist at auction.

Other highlights from the Post-War and Contemporary art sale included Roy Lichtenstein’s (1923-1977) Cup of Coffee (1961), which sold for $4.2 million and exceeded its $3 million high estimate; Willem de Kooning’s (1904-1997) uncharacteristically serene Untitled XXVIII, which brought $4.4 million, well past its high estimate of $3.5 million; and Yves Klein’s (1928-1962) SE 181 (1961), a sculpture in the artist’s signature blue hue, which garnered $4.1 million, surpassing its high estimate of $2.7 million. However, not all lots fared so well. Andy Warhol’s (1928-1987) Colored Campbell’s Soup Can (1965) failed to meet its low estimate of $3.4 million due to its unpopular color palette. Steven S. Cohen, the disgraced founder and CEO of SAC Capital Advisors LP, previously owned the work.

Overall, the sale realized a total of $108.4 million and sold 90% by value and 80% by lot. Francis Outred, International Director and Head of Post-War & Contemporary Art, said, “Overall the auction showed an intelligent, solid market and a depth of global bidding, which is a testament to the worldwide interest in Post-War and Contemporary art.”

After a whirlwind of auctions last week in New York, which included a historic $495 million post-war sale at Christie’s, Phillips’ Contemporary Art Evening Sale on May 16, 2013 seemed quite subdued. The boutique auction house’s sale garnered $78.6 million and sold 81% by lot and 88% by value.

The highlight of the night was Andy Warhol’s (1928-1987) Pop Art masterpiece, Four Marilyns (1962), which sold for $38.2 million. The sale confirmed that Warhol remains a powerful presence in the art market. During the auction two other Warhol works were sold -- Flowers (1964), which brought $2.4 million and Marilyn Monroe (Marilyn) (1967), which sold for upward of $2 million. Other major sales that night included Jean-Michel Basquiat’s (1960-1988) Untitled (1961), which garnered over $4 million and Roy Lichtenstein’s (1923-1997) Still Life (1972), which also sold for upward of $4 million.

Phillips has undergone a number of changes in the past year. Following the departure of Chairman Simon de Pury in December 2012, the company changed its name from Phillips de Pury & Co. to Phillips. In February 2013, the auction house revealed 10,000-square-feet of new gallery space at the company’s headquarters on Park Avenue in Manhattan. The expansion was an attempt to compete with the major auction houses such as Sotheby’s and Christie’s.

Christie’s Post-War and Contemporary Evening Art Auction on May 15, 2013 in New York garnered $495 million – the highest total in auction history. Packed with masterpieces from an array of important art movements including Abstract Expressionism and Pop, many of the works offered were from lauded private collections and institutions. Brett Gorvy, Chairman and International Head of Post-War and Contemporary Art, said, “The remarkable bidding and record prices set reflect a new era in the art market, wherin seasoned collectors and new bidders compete at the highest level within a global market.”

The top lot of the night was Jackson Pollock’s (1912-1956) Number 19, 1948 (estimate: $25 million - $35 million). A prime example of Pollock’s drip paintings, the work sold for $58.3 million and set the record for the artist at auction. The influential art critic, Clement Greenberg, singled our Number 19 as the painting that offered enough proof to justify calling Pollock one of the most significant painters of our time.

Other highlights include Roy Lichtenstein’s (1923-1997) iconic work of pop art, Woman with Flowered Hat (1963) (estimate: approximately $30 million), which sold for $56.1 million and set the record for the artist at auction; Jean Michel-Basquiat’s (1960-1988) Dustheads (estimate: $25 million - $35 million), a neo-expressionist work from the 1980s, which sold for $48.8 million, an auction record for the artist; and Mark Rothko’s (1903-1970) color field painting, Untitled (Black on Maroon) (1958) (estimate: $15 million-$20 million), which sold for $27 million.

Out of 70 works offered at last night’s auction, only 4 failed to find buyers.

In 1979 when Jean-Michel Basquiat (1960-1988) was still an unknown graffiti artist, he shared an apartment with his girlfriend, Alexis Adler, in Manhattan’s East Village. Typical of his street art roots, Basquiat covered the space in murals, his signature scrawled crowns, and other artistic markings. The couple split up a year later, shortly before Basquiat rocketed to art stardom. Sadly, his life and career were cut tragically short by a drug overdose in 1988.

Adler, who now works as an embryologist at New York University, eventually purchased the apartment she once shared with Basquiat and never painted over his work. She also held on to the artist’s notebooks, postcards, painted clothes, photographs, and drawings. After three decades, Adler has begun consulting with advisors in regard to her unparalleled collection of Basquiat ephemera. It has been rumored that she is looking to release a book on her never-before-seen collection, which could entail an exhibition and sale, but has not been confirmed by Adler.      

After his death, Basquiat remained a major figure in the art market and he continues to be the subject of highly anticipated exhibitions. Adler’s holdings will no doubt be a welcomed addition to the Basquiat market presence. In an attempt to ready herself for the frenzy that will undoubtedly ensue, Adler has hired Stephen Torton, Basquiat’s former assistant, to represent her in any future sales. Lisa Rosen of Fine Art Restoration is responsible for refurbishing and removing a wall from the apartment that contains a full Basquiat mural and Sur Rodney Sur, the former director of the Gracie Mansion gallery, has already catalogued the 65-plus items in the collection.

Also included in Adler’s remarkable collection is a script for a play written by Basquiat and rolls of 35mm film documenting the artist at work as well as candidly going about his day. The collection offers a rare glimpse of the artist on the brink of unprecedented fame.