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Fifty works from numerous private collections are due to go on show at the Los Angeles County Museum of Art (Lacma) next year, to mark the institution’s 50th birthday. The works, which are gifts promised by high-profile, Los Angeles-based collectors, are due to be unveiled at a benefit party on 18 April.

“The nice thing is that, after the 50th anniversary exhibition, the art goes back to the donors. They can live with it as long as they want—until the second they die—and then it will be left to Lacma,” the collector Jane Nathanson told the magazine "Los Angeles Confidential."

Published in News
Wednesday, 26 November 2014 10:34

The CONTEXT Art Fair will Expand to New York

The spring season of New York art fairs just got busier. Nick Korniloff and the ownership team behind Art Miami and other major fairs, announced a new fair for New York. The inaugural CONTEXT NY contemporary art fair will take place next spring (March 5–8). The fair's presenting sponsor and venue is Pier 36, located on the East River at 299 South Street.

Julian Navarro, director of CONTEXT Art Miami, will direct and lead the fair. According to a statement, CONTEXT NY will provide collectors with "a leading alternative fair to acquire important works of contemporary art concurrent with the traditonal ADAA's The Art Show and The Armory Show.

Published in News
Friday, 14 November 2014 10:19

The Salon Art + Design Fair Opens in New York

The Salon Art + Design Fair, the sister fair of the esteemed Paris Biennale, opened to the public on Friday, November 14, at the Park Avenue Armory in New York. Produced in collaboration with France’s Syndicat National des Antiquaires, the Salon hosted a collector’s preview for VIP guests on the evening of November 13.

Launched in 2012 by Sanford L. Smith + Associates, the Salon welcomes over fifty leading galleries offering fine and decorative arts and design from 1890 to the present.

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The lines that recently snaked around the Whitney Museum of American Art are gone. So is the hulking sculpture of Popeye that could be spied in the courtyard. Since the Jeff Koons retrospective closed there on Oct. 19, the only signs of life have been moving trucks and cranes as the Whitney prepares to exchange its Madison Avenue home, designed by Marcel Breuer, for its new place in the meatpacking district this spring. The Breuer won’t stay empty for long, however: In March 2016, the Metropolitan Museum of Art will take over, at least for eight years.

Although the arrangement was announced three years ago, the Met has been tight-lipped about what it will actually show in the Whitney’s old home. But loan requests went out in September to museums, collectors and dealers detailing the first show there.

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The gavel will not come down on the first lot of New York's major fall auctions until Tuesday, but records have already fallen and more are virtually certain once the bidding actually begins.

With a global pool of collectors competing for more than $1.5 billion worth of fine art, the city's top auction houses are expecting record values for trophy works at sales over the next two weeks.

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The distinguished San Francisco Fall Antiques Show (SFFAS) will kick off its 33rd iteration with a preview gala on Wednesday, October 22. The event will give collectors, enthusiasts, and SFFAS supporters exclusive access to the show’s remarkable offerings before it opens to the public for its four-day run on Thursday, October 23. Proceeds from the gala will benefit Enterprise for High School Students, a San Francisco-based nonprofit that helps Bay Area youths develop life skills vital to the successful transition from high school to college and the world of work.

Held in the Fort Mason Center’s Festival Pavilion in the upscale Marina District, the SFFAS will bring together approximately sixty preeminent dealers from across the United States and Europe.

Published in News
Wednesday, 08 October 2014 11:29

New Details Emerge in Knoedler Case

In what has been termed a “document dump”, previously undisclosed information and inflammatory allegations in two of the Knoedler gallery art-forgery lawsuits are now public for the first time. Last Wednesday, Knoedler, its former director Ann Freedman, the head of a related holding company Michael Hammer, and a former employee Jaime Andrade filed motions seeking to dismiss the lawsuits. The next day, the collectors Eleanore and Domenico De Sole and John Howard struck back, arguing that their cases must go to trial and accusing Freedman of perjury “on multiple occasions, including before this court”, a charge she vigorously denies.

More than 500 pages of legal arguments and thousands of pages of exhibits are now before Manhattan’s federal court.

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 As anticipation of the upcoming fall auction season continues to build, Sotheby’s has announced that it will offer the illustrious Schlumberger Collection during its Evening and Day Sales of Impressionist & Modern Art and Contemporary Art on November 4-5 and November 11-12, respectively. The collection, which brings together over ninety modern and contemporary masterworks from the twentieth century, is expected to fetch over $85 million.

Pierre Schlumberger, an aristocratic French oil-industry tycoon, and his beautiful Portuguese wife, São, are considered two of the most visionary collectors of the twentieth century.

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The University of California, Berkeley Art Museum and Pacific Film Archive presents "American Wonder: Folk Art from the Collection," on view October 1 through December 21, 2014. Featuring approximately fifty portraits, landscapes, weather vanes, decorative sculptures, and other works dating from the wake of the Declaration of Independence War to the end of the Civil War, this exhibition captures glimpses of young America during a period of boundless optimism, massive growth, and eventual upheaval. This distinguished collection at BAM/PFA—one of the most impressive American folk art collections from this period anywhere—results from the generosity of two collectors and patrons, Bliss Carnochan and Nancy Edebo. "American Wonder" is the last major art exhibition to open in BAM/PFA’s current museum building at 2626 Bancroft Way before the institution moves to a new location, currently under construction, in downtown Berkeley in early 2016.

American Wonder starts in late eighteenth- and early nineteenth-century New England, where the country’s newly independent citizens were beginning to help define and assume a national identity—one aligned with the goals of liberty, self-improvement, and advancement.

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Wall Street has become one of art's biggest patrons, with the major corporate collections that some investment banks have gathered over the years.

J.P. Morgan, UBS, and Deutsche Bank were listed in Forbes' best corporate art collections in 2012. Deutsche Bank was included as the largest corporate art collection in the world.

And it's not just banks. Numerous Wall Street titans through history, including J.P. Morgan, Leon Black, and Robert Lehman, have also been active collectors in the art industry.

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