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The city of Sacramento and the Kings have agreed to commission world-renowned artist Jeff Koons to create a sculpture for outside the new downtown arena.

In what is the largest budget for a public art installation in the region’s history, the Kings, the city and three team owners will pay $8 million for the art. Another $1.5 million from the Kings and local philanthropist and artist Marcy Friedman will commission work from local artists to be displayed at the arena.

Koons’ sculpture will be the fifth in his “Coloring Book” collection, a series of towering stainless steel sculptures that have been displayed in some of the most prominent art museums in the world.

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Thursday, 12 February 2015 16:38

The Louvre Cancels Jeff Koons Exhibit

Last year, news broke that the Louvre planned to install a selection of Jeff Koons’ large-scale balloon sculptures in its nineteenth-century galleries. The exhibit was to complement the Centre Pompidou’s comprehensive Koons retrospective, which originated at the Whitney Museum of American Art in New York. Now, according to The Art Newspaper, the Louvre has scrapped the Koons installation due to a “lack of funding.”

The works to be exhibited at the hallowed French institution included Balloon Rabbit, Balloon Swan, and Balloon Monkey. The massive sculptures, made of mirror-polished stainless steel, are notoriously difficult (and expensive) to install.

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After two years of renovations, led by the French artist Xavier Veilhan in collaboration with the architects Bona-Lemercier and the stage designer Alexis Bertrand, Frac Île-de-France, the Paris region’s contemporary art collection, now has a second space in a modernized château in the Parc culturel de Rentilly.

Since the disused building was not listed on the register of Historic Monuments, the team had carte blanche in their restoration and in a radical move covered the entire façade in polished stainless steel mirrors that reflect the surrounding park.

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An enormous abstract sculpture, a sailboat of sorts, rests on a pedestal at the intersection of Beverly and San Vicente boulevards in West Hollywood. Its dark, carbon-fiber sails seem to billow in the wind, and corkscrew spirals of stainless steel, like twirling gusts of air, dance around it. Cedars-Sinai Medical Center rises up behind it, like towering, angry waves.

Frank Stella, the abstract artist who made the piece, circles it on foot, viewing it for the first time since it was installed. In a dapper sports coat and brown fedora, the 78-year-old New York artist — a fixture in the modern-art world for more than 50 years and one of the fathers of Minimalism — assesses the sculpture while in perpetual motion. He speaks quickly, pausing only to look up at the piece from different angles, hand on hip, squinting into the sunlight.

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The Crystal Bridges Museum of American Art in Bentonville, Arkansas has acquired ‘Hanging Heart (Gold/Magenta)’, a nearly ten-foot wide metallic sculpture by the contemporary artist Jeff Koons. Weighing in at over 3,000 pounds, the mirror-polished stainless steel sculpture arrived via cargo flight and was transported to its spot in the museum using a specially designed trolley from Koons’ studio. Workers used a forklift to hoist the sculpture up and suspend it on a custom mount. ‘Hanging Heart’ is one of the largest works to be installed inside of the museum.

‘Hanging Heart’ is one of five unique versions created by Koons, each with a different transparent color coating. This particular iteration was the only one kept by the artist before being sold directly to Crystal Bridges in 2013. The ‘Hanging Heart’ sculptures are part of Koons’ ‘Celebration’ series, which began in 1994, and were meant to signify the various celebratory events of a lifetime.

‘Hanging Heart’ is mounted nine feet above the heads of diners in the museum’s restaurant, Eleven.

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A group of leading artists, artist estates, collectors, and dealer has donated 25 works of art to benefit the Whitney Museum of American Art’s new Renzo Piano-designed building in downtown Manhattan. The works, which are said to be worth upward of $8 million, will be put up for auction at Sotheby’s New York from May 14-15, 2013.

All of the artists involved in the multifaceted gift have strong ties to the Whitney and are represented in the museum’s stellar permanent collection. The most valuable work that will be up for auction in May is Jasper Johns’ (b. 1930) oil on canvas painting Untitled (2012), which is estimated to sell for $1.5 million to $2 million. Johns has had five solo shows at the Whitney and has participated in over 37 group exhibitions; the donation came directly from the artist. Other highlights from the sale include a Jeff Koons (b. 1955) silkscreen on stainless steel, a Cy Twombly (1928-2011) work on paper, a recent nude by John Currin (b. 1962), and other works by John Baldessari (b. 1931), Andy Warhol (1928-1987), and Ed Ruscha (b. 1937).    

All of the profits from the sale will directly benefit the Whitney’s new building, which is expected to open in the High Line District in 2015.

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