Two influential art dealers leave their posts for higher-profile gigs, museum directors settle down in plush, tax-free homes, and artists cash in on lucrative sneaker design deals. This week in art news: When opportunity knocks…
1. Lehman Brothers to Auction Off More Art
In an effort to repay creditors, Lehman Brothers will auction off office signs and artwork-including works by Lucian Freud and Gary Hume-from its European offices in a September 29 sale expected to bring in about $3.2 million. Lehman previously announced it would sell off much of its New York collection at Sotheby’s on September 25.
Our take: The collection itself appears fairly conservative (think nautical paintings by Samuel Walters and Thomas Luny). Too bad Fuld didn’t donate any of his bank-robber art.
2. Dealer John Connelly to Lead Gonzalez-Torres Foundation
John Connelly will close his Chelsea gallery John Connelly Presents to become director of the Felix Gonzalez-Torres Foundation, Lindsay Pollock reported. The Foundation is represented by Andrea Rosen Gallery, where Connelly worked for eight years.
Our take: Connelly will be a good advocate for Gonzalez-Torres’ work. We just hope all the artists in his stable are able to find new representation.
[Art Market Views]
3. Museum Directors’ Free Housing: Revealed
Several of the city’s most prominent museum directors live in astoundingly plush, tax-free housing provided by their employers. MoMA director Glenn Lowry lives in a $6 million condo above the museum; Met director Thomas Campbell shacks up in a $5 million co-op across the street from the Fifth Avenue institution. Some tax lawyers say the deals seem fishy.
Our take: And here we thought rent control was enviable.
4. Robert Goff Heads to Haunch
Robert Goff will become a director of the New York branch of Christie’s Haunch of Venison Gallery, and he’ll be bringing several of his artists with him. The gallery will also be moving from Christie’s current home in Rockefeller Center to a new location in Chelsea.
Our take: In the face of rumors that the gallery is merely a front for the Christie’s contemporary art division, a new director and location may give Haunch some much-needed distance. [Observer]
5. Trend Alert! Art Sneakers Attack
Art Fag City provides an exhaustive report on the latest art-meets-fashion trend: the art sneaker. From Jenny Holzer’s truism-y Keds to Roy Lichtenstein’s graphic Pumas to Terence Koh’s pristine Converses, the kicks tread the line between charming and tacky.
Our take: Say what you will about artists selling out-everybody’s gotta make a living. Plus, now you can finally make that joke about understanding Terence Koh because you’ve walked a mile in his shoes. [AFC]
6. Richard Price Doesn’t Really Like LES’ “Lush Life” 7. American Folk Art Museum Plagued By Debt 8. Back to the Drawing Board for Kapoor’s Olympic Monument 9. Bill to Stop Certain Artwork Sales May Be Dead
Our take: The guy’s got an unprecedented gallery collaboration, a screenplay in the works (“doing the book lite,” he called it), and a Platinum American Express card. Why’s he so darn grumpy?
[The New Yorker]
Our take: It would be a drop in the bucket, but maybe Glenn Lowry could offer up that $6 million, tax-free condo to help out the Folk Art Museum. It would be a nice gesture.
Our take: The report provides, mercifully, one last chance for Kapoor to change his mind about this red monstrosity. Beijing’s Birdcage is a hard act to follow, but come on!
6. Richard Price Doesn’t Really Like LES’ “Lush Life”
7. American Folk Art Museum Plagued By Debt
8. Back to the Drawing Board for Kapoor’s Olympic Monument
9. Bill to Stop Certain Artwork Sales May Be Dead
Our take: As it is written, this particular bill would prevent zoos and aquariums from transferring animals. If that’s not a tip-off that it might be too broad, we don’t know what is. 10. Abu Dhabi Gunning for Largest Art Competition
10. Abu Dhabi Gunning for Largest Art Competition