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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.

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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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When Merton Simpson (1928-2013), a collector and dealer of African tribal art, passed away on March 9, 2013 he left behind a collection of museum-quality works said to be worth millions. Despite his illustrious holdings, Simpson’s family did not have enough money to give him a proper burial and his body is currently being held in a funeral home in Charleston, SC. Simpson’s son, Merton Simpson Jr., has started an email campaign asking friends of his father for contributions so that a proper funeral can be arranged.  

Simpson’s care and art collection have been continuously prickly issues for his family with accusations of mismanagement and exploitation flying freely. Simpson, a celebrated abstract expressionist painter, was a pioneering champion of African art in the United States. Sadly, his remarkable archive and renowned collection have become a source of conflict between his friends, family, and staff members and most of his holdings are being detained in the Manhattan gallery, which he owned.

A will from 2011 was filed in Manhattan last week for Simpson naming his son, Merton Jr., as an executor and dividing most of his assets between his two sons, his brother, and a nephew. Simpson’s family is still waiting for the court to deem the 2011 will legally valid and to name an executor.    

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Thursday, 07 March 2013 16:20

Armory Show Opens in New York City

100 years after the 1913 Armory Show changed the landscape of American art forever, the current incarnation of the event opened to the public today, March 7, 2013. Mayor Michael Bloomberg held a press conference to inaugurate the 2013 Armory Show, which features 214 exhibitors from across the globe. The event is expected to draw about 66,000 visitors and will generate approximately $54 million in the city during its four-day run.

This year’s Armory Show features a specially curated section titled ‘Armory Focus: USA’ and aims to celebrate the remarkable impact the 1913 Armory Show had on the country. The section is curated by Eric Shiner, the director of The Andy Warhol Museum in Pittsburgh, PA and features 17 established and emerging galleries that focus on contemporary art.

The Armory Show is held on Piers 92 and 94 in central Manhattan and is part of the highly anticipated Armory Arts Week, a suite of cultural events and exhibitions taking place across the city from March 7-10, 2013.

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Thursday, 28 February 2013 17:19

The Cloisters Celebrates its 75th Anniversary

The Cloisters museum and gardens, a branch of The Metropolitan Museum of Art located in northern Manhattan’s Fort Tryon Park, will celebrate its 75th anniversary this year. Assembled from architectural elements, both domestic and religious, that date from the 12th through the 15th century, the Cloisters houses approximately 3,000 works of art from medieval Europe.

To commemorate its 75th year, the Cloisters has a number of celebratory exhibitions planned. Search for the Unicorn: An Exhibition in Honor of the Cloisters’ 75th Anniversary will present the Unicorn Tapestries (1495-1505), a series of seven tapestries, which were a gifted to the museum by John D. Rockefeller, Jr. when the Cloisters opened in 1938. The Tapestries are the museum’s best-known masterpieces, but their history and meaning remain mysterious. The Unicorn Tapestries will be exhibited alongside approximately 40 works from the Metropolitan, sister institutions, and private collections. Search for the Unicorn will be on view from May 15-August 18, 2013.

In September, the Cloisters will mount an installation by Janet Cardiff (b. 1957). The Forty Part Motet (2001) is comprised of 40 speakers, each playing the sound of one singer in a 40-voice choral performing “Spem in alium numquam habui” (circa 1573) by the Tudor composer Thomas Tallis (circa 1505-1585). The installation will play on a loop in the Cloister’s Fuentidueña Chapel through December 8, 2013. The Forty Part Motet is the first piece of contemporary art to be featured at the Cloisters.

The Cloisters will wrap up its anniversary celebrations with the exhibition of six near life-size stained glass windows on loan from England’s historic Canterbury Cathedral. It will be the first time the panels have left the cathedral since their creation in 1178-80. Current repairs to the cathedral’s stonework required the removal of the windows, which have recently been conserved. The stained-glass windows that will be on view at the Cloisters feature six figures from an original cycle of 86 ancestors of Christ, the most comprehensive stained-glass cycle known in art history. The Romanesque masterpieces will be on view from March through May 2014.

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Thursday, 21 February 2013 12:44

Arrest Made in Dalí Heist

Phivos Istavrioglou, a resident of Athens, Greece, has been arrested in connection to the botched theft of a Salvador Dalí (1904-1989) painting from a New York gallery last June. Security cameras captured Istavrioglou as he made off with the watercolor and ink work, which is valued at approximately $150,000. After surveillance images were released to the public, a panicked Istavrioglou mailed the Dalí painting back to the Upper East Side gallery in a cardboard tube.

 Fingerprints left on the returned painting helped officials track down Istavrioglou, 29, and he was arrested on Tuesday, February 19, 2013 at John F. Kennedy airport in a sting that lured him to the United States from Italy. After his arrest, Istavrioglou appeared briefly in a Manhattan court where he pleaded not guilty to grand larceny in the second degree. Istavrioglou’s bail was set at $100,000.

 The stolen painting, Cartel de Don Juan Tenorio (1949), was on view at the Venus Over Manhattan gallery as part of its inaugural exhibition, which opened in May 2012.

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Monday, 04 February 2013 12:25

Metropolitan Museum of Art Debuts New Web Series

New York’s Metropolitan Museum of Art, the largest art museum in the United States, can be difficult to navigate in a short period time. With over two million works in its collection, visitors to the Met usually spend a few minutes with an object before moving on to one of the many masterpieces that awaits them. In an effort to highlight some of the museum’s not-to-be-missed objects, Met officials have launched the web series, 82nd & Fifth, aptly named after the museum’s Manhattan location.

The series presents 100 pieces from the Met’s vast collection in separate episodes. During each episode, a museum curator explains the work’s significance, not just to the art world and the museum, but also to them on a personal level.

The Met has already posted six 2-½ to 3-minute videos, which include interactive features, on the 82nd & Fifth web page. Highlighted works include a room with furnishings designed by Frank Lloyd Wright (1867-1959) between 1912 and 1915, a Renaissance relief sculpture by Antonio Rossellino (1427-circa 1478/1481), Giovanni Battista Tiepolo’s (1696-1770) massive painting The Triumph of Marius (1729), and an etching by Rembrandt (1606-1669) titled Christ Crucified Between Two Thieves: The Three Crosses (1653).

The Met will post two new videos on Wednesday morning of each week through December 25, 2013.

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Monday, 21 January 2013 11:35

Scenic View from The Cloisters Threatened

Built in the 1930s in northern Manhattan’s Fort Tryon Park on land donated by John D. Rockefeller Jr., The Cloisters, a branch of the Metropolitan Museum of Art, is a sight to be seen. Assembled from architectural elements dating from the 12th through 15th century, The Cloisters, which includes landscaped gardens, features a collection of nearly 3,000 works of art from medieval Europe.

Besides an impressive collection and scenic gardens, The Cloisters boasts a picturesque view of the Palisades, a line of steep cliffs that run along the lower Hudson River. Rockefeller’s grandson, Larry, is teaming up with the Met, to preserve the vista, which risks being obscured by LG Electronics’ new corporate headquarters in Englewood Cliffs, NJ.

The plans for the new LG location have the building stretching upward 143 feet, standing several stories above the tree line almost directly across the Hudson River from the Cloisters. Rockefeller, who has met with LG officials to discuss altering the building’s plans, is not alone in his concerns. A number of environmental groups have also filed lawsuits asking the company to reduce the new headquarters’ height. The Met has also written letters pleading with LG as well as a judge handling one of the environmental cases.  

Designed by architecture giant HOK, LG will begin construction on 27 acres this year. The project is expected to conclude by 2016.

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Following Simon de Pury’s departure from the auction house Phillips de Pury & Co. on December 21, 2012, the company is in the midst of a number of changes. Upon de Pury’s exit after 12 years with the company, the auction house has reverted to its original name, Phillips, and has plans to develop its New York and London locations.

Phillips, which specializes in contemporary art, design, photography, and limited edition prints, will expand their salesrooms in order to compete with bigger auction houses such as Sotheby’s and Christie’s. In February 2013, 11,500 square-feet of offices and 10,000 square-feet of gallery space will be added to the company’s headquarters on Park Avenue in Manhattan.

Last year, Phillips purchased a 52,000 square-foot building in London’s Berkeley Square. The auction house plans to turn the seven-story structure into their London headquarters, which will resemble the company’s Manhattan office. Rumors have circulated that Phillips also purchased space in London’s Mayfair district, but officials have declined to comment.

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Monday, 24 December 2012 11:15

Simon de Pury Leaves Phillips de Pury & Company

On December 23, Swiss auctioneer and art collector, Simon de Pury, stepped down as Chairman of the New York-based auction house, Phillips de Pury & Company. The announcement was a shock to many as de Pury has helmed the business for the past twelve years. The Russian firm, Mercury Group, recently completed the acquisition of de Pury’s remaining shares in the company.

Phillips’ CEO, Michael McGinnis, said, “Simon has served as a tireless ambassador for the Company and a compelling presence at the podium. We thank him for his spirited enthusiasm, leadership and dedication.”  

Beginning in the New Year, the auction house will revert to its original name, Phillips, from its founding in 1796. The company, which specializes in contemporary art and design, has operated under the name Phillips de Pury and Company for the past eight years. In addition, starting in February 2013, the auction house will begin the expansion of its Manhattan headquarters on Park Avenue, adding more gallery and office space.

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