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Pablo Picasso, Les femmes d’Alger (Version ‘O’), 1955, the most expensive painting ever sold at auction.

Christie’s Also Served a Ridiculous Amount of Coffee Last Week

In this Pax Romana of auction house records–Christie’s made $1.72 billion in sales last week, and sold the most expensive work of art ever to appear at auction–let’s not forget the little details, which Christie’s recapped in a press release alongside … Read More


Graphics Market
Contemporary_auctions_May_2000_2015_v5-01

Just How Big Were This Week’s Contemporary Art Auctions?

This has been an absolutely enormous week at the annual May postwar and contemporary art sales in New York, which began on Monday night with Christie’s setting a new all-time record for a work at auction, when it sold a … Read More


Frieze New York 2015 Market News
Untitled (Walker).


COURTESY SKARSTEDT GALLERY

Price Check: Frieze New York 2015

What has sold at Frieze New York? Below, some numbers. Special thanks to the press representatives who conscientiously supplied 100% of this information via email. (Hence the variation in pronoun, format, and supplementary detail.)Skarstedt Gallery Cady Noland, Untitled (Walker), 1989, sold for $1,500,000 Richard Prince, Untitled … Read More


Market News
Francis Bacon, "Seated Woman," 1961.

Phillips Closes Spring Auctions With Fainting Spell and Respectable $97.1 M. Contemporary Sale

The New York Spring auctions ended earlier this evening with a modest sale at Phillips that saw the house bring in $97.1 million, a relatively small sum compared to those seen at the other houses earlier in the week but … Read More


Market News
Piet Mondrian’s Composition No. III, with Red, Blue, Yellow, and Black (1929) sold for $50.6 million, twice its high estimate of $25 million. It set a new record for the artist.

Mondrian Sells for $50.6 M., a New Record, at Christie’s $202.6 M. Impressionist-Modern Sale

Tonight Christie’s hosted a strong Impressionist and modern sale in New York that brought in $202 million, adding to the $1.7 billion it has totaled at various auctions during this record-setting week for the house. The sale featured works from the collection of the late … Read More


Artists Frieze New York 2015 Market
Marcia Hafif's monochromes, installed at Fergus McCaffrey's booth at Frieze New York. KATHERINE MCMAHON/ARTNEWS

‘Where Can You Go With Abstract Painting at This Point?’: Marcia Hafif on Her Monochromes at Frieze

Yesterday, at the opening for Frieze New York, New York–based painter Marcia Hafif could be seen chatting with a steady stream of friends and admirers near her monochromes, currently on view at Fergus McCaffrey’s booth. At 86, Hafif is more … Read More


Market
Mark Rothko's No. 10 (1958), which sold for $81.9 million.

Christie’s Brings in $658.5 M. at Contemporary Art Sale, With an $81.9 M. Rothko in Front

New records for Rauschenberg, Ryman, Freud, Dunham, Hofmann, Anselmo, Sturtevant, and Stingel Read More


Frieze New York 2015 Market
The action.

Racks on Racks on Racks: Pia Camil Is Giving Away 800 Ponchos at Frieze

Around noon today, a number of people were waiting in a line next to a long rack of clothing near the north entrance of Frieze New York. A sample sale? Sort of. Mexico City–based artist Pia Camil has sewn some 800 ponchos, … Read More


Frieze New York 2015 Market
Inside of Zak Kitnick's work.

Zak Kitnick and D’Ette Nogle Bring Pure Olive Oil to Frieze

Like art, the best kind of oil is the purest. Or at least it’s supposed to be that way.That may have been the thought process behind the work that Zak Kitnick and D’Ette Nogle made for New York gallery Clifton Benevento’s booth … Read More


Frieze New York 2015 Market
Tom Sachs Big Tits JOHN CHIAVERINA

Dr. Dre Makes an Appearance at Frieze, Courtesy Tom Sachs’s Ceramic Boombox

Walking by the Salon 94 booth, I heard the instrumental version of Dr. Dre’s classic turn-of-the century banger “The Next Episode” play out of a ceramic boombox at a moderate volume. This is the work of the artist Tom Sachs, … Read More


Frieze New York 2015 Market
Paul Schimmel at the Hauser & Wirth booth at Frieze New York. (Photo by Katherine McMahon)

‘I Hope They Will Come for Something That Isn’t Just Consumerist’: Paul Schimmel Talks About His New L.A. Gallery

One of the more intriguing sights at the Frieze New York art fair on opening day was Paul Schimmel, the curator and art historian, selling works at the booth of Hauser & Wirth. Schimmel spent 35 years working for museums … Read More


Frieze New York 2015 Market News
IMG_3309

DiCaprio Digs Dots: Jonathan Horowitz at Frieze Art Fair

An hour into the frenzied Frieze New York VIP preview this morning, one booth had caught Leonardo DiCaprio’s eye. “Jonathan Horowitz at Gavin Brown’s,” he said, clad in his signature incognito ensemble, famous face hidden beneath bushy beard, sunglasses and … Read More


Market News
Roy Lichtenstein’s The Ring (Engagement) (1962), which was estimated to sell for around $50 million, made $41.7 million with the buyer's premium.

Sotheby’s Delivers a Solid, If Slow, $379.7 M. Contemporary Sale, With Records for Polke, Wool, More

Earlier this evening in New York, Sotheby’s held a contemporary art sale that brought in $379.7 million, well within its presale estimates of $322.1 million to $420.7 million, and that saw new records for seven artists—Christopher Wool, Mark Bradford, Mark Grotjahn, Danh … Read More


Market News
Alberto Giacometti's L'homme au doigt (1947) sold for $141.3 million.

Christie’s Nets $705.8 M. at ‘Looking Forward’ Sale, Led by Picasso and Giacometti Record Setters

Earlier tonight Christie’s hosted an impressive $705.8 million auction that set a new world record for a single work of art at auction with Pablo Picasso’s Les femmes d’Alger (Version ‘O’) (1955), which went for $179.3 million. The evening also set six new auction … Read More