
“Sotheby’s (BID), the New York-based art and collectibles auction
house, is being targeted by Daniel Loeb’s Third Point LLC activist
hedge-fund firm, which amassed a 5.7 percent stake.” [Bloomberg]
Zwelethu Mthethwa appears in court on murder charges. [Daily Maverick]
London dealer Simon Lee is opening an office and showroom on East 64th Street. It will not host exhibitions, but may show work before it goes on view at Mr. Lee’s London and Hong Kong galleries. [The Art Newspaper]
UNESCO warns Italy over Pompeii. [The Art Newspaper]
Michael Kimmelman files from Borgino, Italy, writing about the headquarters Florence-based firm Archea has designed for winemaker Cantina Antinori. [NYT]
Heavens no! UK artists are fleeing to the countryside. [The Guardian]
“A new gallery district is springing up in San Francisco. On 7
September, four dealers—Jack Fischer, Brian Gross, Catharine Clark and
George Lawson—are scheduled to open new spaces in Lower Potrero Hill,
located 20 minutes from the city’s downtown area. Rising rents and the
temporary loss of the San Francisco Museum of Modern Art (SFMOMA) as
an anchor have contributed to the migration, dealers say.” [The Art
Newspaper]
Larry Gagosian and Ron Perelman (with the Clintons) dined at nearby tables in East Hampton. [NYP]