TEFAF Spring NY preview day, sales recap, and news- May 4th Edition

TEFAF Spring NY Selected Sales from Preview Day

David Zwirner:

Ruth Asawa, Untitled (S.531, Hanging Six Lobed, Two Continuous Interlocking Forms), c. 1950 $1.5 million

Ruth Asawa,  Untitled (S.175, Hanging Single-Lobed, Four-Layer Continuous Form within a Form) c. 1992 $400k

Ruth Asawa, Untitled (SF.042a, Printed cork ends) (c. 1951-1952) Black ink on paper, $100k

Di Donna:
Salvador Dali, Bust de femme retrospectif (1933), "under a million"
Hans Bellmer, La Toupie, 1938, "under half a million"

Paul Kasmin:
Constantin Brâncuși, Le Nouveau-Ne (1920) $3 million
Lee Krasner, Untitled (1964) $125,000

White Cube:
Joan Mitchell, Syrtis (1961), $6.75 million

Petzel:
Dana Schutz, Self Eater (2003), $400,000

Sean Kelley:
Kehinde Wiley, Akilah Walker (sculpture) (2016), $250,000

Galerie Gmurzynska:
Roberto Matta, Ouvrir les bras comme on ouvre les yeux (1954), around $1 million

Spotted

Marc Jacobs... Anderson Cooper... Michael Bloomberg... Marty Margulies... John McEnroe... Cat Marnell... & Steve Martin

News & Links

Avant garde, morning after Ray A. Smith likely had the best write-up of Monday's Met Gala, in yesterday's Wall Street Journal. To wit: "Celebrity stylist Jason Bolden recommends stars 'get the largest SUV available. Having all that room and space lets your dress still live before you make it to the carpet.' When it’s a sedan, he makes his client sit on the passenger side and 'have the seat go back as far as it can go. You lounge back and your body is pretty much still.' [WSJ]

Turner nominees announced Yesterday the organizers of Britain's prestigious Turner Prize announced the annual award's shortlist. The nominees are Andrea Büttner, Rosalind Nashashibi, Hurvin Anderson, and Lubaina Himid. The award normally anoints a younger artist but this year saw the age 50 ceiling lifted and Himid, 62, has grabbed headlines. In Feburary The Daily Telegraph called her "the under-appreciated hero of black British art." Sounds like the perfect underdog for your Ladbrokes bet [BBC]

Like .com, only classier On May 10 the .art url extension will launch, the latest salvo in the ongoing war to dragging the gallery world online. "I am convinced that the future is at the intersection of art, finance and digital space,” Ulvi Kasimov, who bought the extension for $25 million, told Bloomberg. Metro Pictures is an early adopter. Larry Gagosian and David Zwirner have yet to make the $15 investment. [Bloomberg

Sotheby's sued Sotheby's in the U.K. has been sued for some $1 million by Sheikh Sultan Sooud Al-Qassemi, founder of the Barjeel Art Foundation in Sharjah, who says a sculpture he bought by Mahmoud Mokhtar was not in fact cast during the artist's lifetime, as was advertised in the catalogue. [The Daily Telegraph]

Elmo spared Despite sabre-rattling to do away with federal funding for the arts, the federal spending agreement reached Monday would in fact increase, slightly, the amount of money that would go to the Corporation for Public Broadcasting, the National Endowment for the Arts and National Endowment for the Humanities. "The agreement announced Monday calls for the CPB's budget to remain the same, at $445 million. Spending for fiscal 2017 would go up for the NEA and NEH, each from $148 million to $150 million." [AP]

 

Extra Reading

Judd Tully's sales report from Day 1 at TEFAF over at ArtInfo.com

Nate Freeman's recap from Day 1 at TEFAF over on ArtNews.com

Nate Freeman's deeply sourced insider account of the 'turnaround' taking place at Christie's 

Download the Art Market 2017 report from Art Basel & UBS here

Download the TEFAF Art Market Report 2017 here

 

Openings

Diane Arbus: In the Park” at Lévy Gorvy

Rei Kawakubo / Comme des Garçons: Art of the In-Between” at the Metropolitan Museum of Art

Anselm Kiefer: Transition From Cool to Warm” at Gagosian Gallery

Taner Ceylan: Latest Works from the Golden Age” at Paul Kasmin Gallery