When Eli Broad put his full-floor co-op near the top of the Sherry-Netherland tower on the market for $15 million in September 2008, he was No. 48 on the Forbes Rich List. Two years later, he had fallen to No. 132—a good deal of his fortune was bound up in AIG—while the pied-à-terre of Read More
It’s ironic that Yvonne Force Villareal, a woman known for blending the worlds of fashion and art, started her career off with an art installation where almost everybody was naked.
A dozen years ago, the non-profit Art Production Fund launched with a show of naked models standing and slouching, for hours, on the floor of Read More
As New York’s museums warily eye the less-prosperous future, the news from Los Angeles is considerably worse.
The Los Angeles County Museum of Art (LACMA) was publicly embarrassed yesterday by billionaire-philanthropist-art-pharaoh Eli Broad. The 75-year-old Broad announced–all previous public statements to the contrary–his plans to build a 25,000 square foot art museum to Read More
Chilling news out of the art world today, with Bloomberg reporting that last night’s auction at Sotheby’s—a multiple-owner show of works by contemporary artists including Ed Ruscha, John Currin, Roy Lichtenstein, Jeff Koons, Andy Warhol, and Robert Rauschenberg—resulted in sales of only 68 percent of its offerings.
And while Sotheby’s had estimated Read More
Billionaire real estate mogul Sam Zell swooped late into the bidding for Tribune Co., and has now beat out the unlikely pairing of Ron Burkle and Eli Broad, according to today’s press release.
It looks like the Wall Street Journal got the story first, breaking it online, with the Tribune itself, and Read More
