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New York's ‘Chaotic' Mega Auction Season Ends on a Mixed Note
New York's ‘Chaotic' Mega Auction Season Ends on a Mixed Note

Bloomberg

time16-05-2025

  • Business
  • Bloomberg

New York's ‘Chaotic' Mega Auction Season Ends on a Mixed Note

As Sotheby's contemporary evening sale wound down on Thursday night, Charles Stewart, the company's chief executive officer, stood in the back of the room with a look of undisguised relief. Up until that evening, New York's spring auction week, during which Christie's, Phillips and Sotheby's planned to move more than $1 billion worth of art, had been a grind. Most of the art was selling, but often with notably meager bidding, particularly when prices were over the $5 million mark. On Thursday, though, the room came alive with real, aggressive competition for works from the estates of the dealer Barbara Gladstone and the artist Roy Lichtenstein. 'This has been, I think, the high point of the week,' Stewart said. 'If you want to feel good about the art market, this is the night, and this is the sale.'

JFK is switching up its ride-share pickup spots yet again—here's what to know
JFK is switching up its ride-share pickup spots yet again—here's what to know

Time Out

time14-05-2025

  • Time Out

JFK is switching up its ride-share pickup spots yet again—here's what to know

If you're jetting into JFK this summer, prepare to tack on an extra step to your Uber routine. As of Tuesday, May 13, all for-hire vehicle pickups at JFK's Terminal 4 will be moved to a designated off-site location—Lot 66 Ride App & Car Services Pickup, to be exact—from noon to 2am daily, until further notice. Why the switch? Blame it on the usual suspects: a booming travel season, a traffic-choked terminal, and peak construction chaos. Here's how it'll work: once you land at Terminal 4 and grab your bags, hop on the free shuttle bus from the arrivals level, which departs every few minutes and heads straight to Lot 66. Don't even think about hailing that Lyft until you're nearly there—Port Authority recommends requesting your ride no more than five minutes before arrival. (You'll get an onboard heads-up when you're close.) If you're departing from Terminal 4, you're in the clear— ride-share drop-offs are still happening at the usual curb. This isn't the airport's first summer shuffle. The Port Authority rolled out a similar strategy last year, successfully redirecting around 500,000 vehicles from the terminal frontage. And the whole operation takes a cue from LaGuardia's own ride-share reroute during its massive redevelopment. Speaking of construction: this logistical detour is part of JFK's $19 billion transformation, including the buzzy New Terminal One, a sprawling 2.4-million-square-foot complex with 23 gates and more than 300,000 square feet of retail, dining, and lounges. Translation? If you're annoyed now, just wait until you're sipping cocktails next to a Shake Shack under a Roy Lichtenstein mural. Terminals 5 and 7 are also in on the reshuffle. Flyers arriving there will need to hop on the free AirTrain to the Howard Beach Station for pickups. The setup includes Wi-Fi, signage, and staff to make sure you don't end up waiting in the wrong parking lot. Bottom line: JFK's ride-share game is getting a glow-up. Just don't forget to budget an extra 15 minutes for the shuffle.

Des O'Sullivan: Slimmed-down New York art sales still offer rich pickings for the mega-wealthy
Des O'Sullivan: Slimmed-down New York art sales still offer rich pickings for the mega-wealthy

Irish Examiner

time02-05-2025

  • Business
  • Irish Examiner

Des O'Sullivan: Slimmed-down New York art sales still offer rich pickings for the mega-wealthy

In a tough year for the global art market, the big May New York art sales this month are seriously slimmed down but nonetheless offer rich pickings for collectors with deep pockets untroubled by market turmoil. Auction data, the only section of the opaque art market with sales that can be computed accurately, indicates that overall turnover declined last year for the third year in a row. At blue-chip levels, there are very few categories where the value of art has gone up in the past two years. Add global uncertainty, tariffs and changing collecting habits to the mix, and who can tell? Piet Mondrian's 'Composition with Large Red Plane, Bluish Grey, Yellow, Black and Blue' from the Riggio collection will be at Christie's. Better news for collectors is that last year, more art than ever was sold at auction, for less money. Record auction numbers for artworks at less than €500 or €1,000 is not what floats the boat at senior management levels at big auction houses and major international galleries, but it does show that love for art is widespread. Lisa Brice's 'Midday Drinking Den, After Embah I and II' at Christie's. A mere 37 lots will feature at Christie's 20th-century evening sale on Monday week (May 12), with 42 at the 21st-century evening sale on May 14. There will be 65 lots at Sotheby's Modern evening auction in New York on May 13 and 43 lots at the Now and Contemporary evening auction on May 15. Roy Lichtenstein's 'Reflections: Art' will be at Sotheby's. Totals at both houses will be boosted by the sales of lots from the collection of gallerist Barbara Gladstone ($12 million/€10.52 million) along with works from the collection of Dorothy and Roy Lichtenstein (Sotheby's) and selected works from the collection of Barnes and Nobel founder Len Riggio and his wife Louise (Christie's) valued at $250 million (€219.20 million). Art by Mondrian, Magritte, Picasso, Giacometti, Warhol from the Riggio Collection will excite the interest of worldwide collectors and has been toured in advance to London, Paris, Hong Kong, Dubai and Los Angeles. Len Riggio died last year, and his widow is downsizing from her Park Avenue apartment. The 21st-century evening sale at Christie's reflects the seismic shifts over the last 50 years in the art landscape. There is art by Jean-Michel Basquiat, Ed Ruscha, Cecily Brown, Julie Mehretu, Simone Leigh, Lisa Brice, Louis Fratino and others. Paul Signac's 'Saint-Georges. Couchant (Venise)' or 'The Facade of San Giorgio Maggiore in Venice at Sunset' will be at Sotheby's. The Modern evening auction at Sotheby's features artworks that capture the spirit of artists of the late 19th and early 20th centuries who dared challenge established norms. There is work by Picasso, Giacometti, Magritte, Monet, Delaunay, Schiele, Matisse, Munch, and Signac included.

Pop goes the budget: Roy Lichtenstein works expected to raise £26m at auction
Pop goes the budget: Roy Lichtenstein works expected to raise £26m at auction

The Guardian

time17-04-2025

  • Entertainment
  • The Guardian

Pop goes the budget: Roy Lichtenstein works expected to raise £26m at auction

Forty works from the private collection of Roy Lichtenstein, one of the world's best-known pop artists, will go on sale for the first time at auction next month. The works, comprising paintings, drawings, sculptures and prints, chart four decades of Lichtenstein's career. They include his shift from abstract expressionism to pop art in the 1960s, his exploration of modern art in the 70s, his Reflections series of the 80s, and his interiors and nudes from the 90s. The collection is expected to make more than $35m (£26m) when it is auctioned by Sotheby's in New York next month. Several of the works come from Lichtenstein and his wife Dorothy's home in Southampton, New York, where the artist created some of his most significant works. Recent photos taken by Sotheby's offer a rare look inside the light-filled studio that formed part of the residence, which was only accessible to the artist's closest circle during his lifetime and was rarely photographed. David Galperin, the head of contemporary art at Sotheby's New York, said the works 'provide a front-row seat to Lichtenstein's incomparable genius. Together, the group is a survey of the artist's reflections of art history over four decades of practice.' Lichtenstein was born in New York City in 1923 and took classes at the highly regarded Art Students League of New York in his teens. He was drafted into the US army in 1943 where he served as a draughtsman and artist. He later completed his fine arts degree at Ohio State University, where he also taught art. In 1951, Lichtenstein held his first solo show in New York. He found fame in the early 1960s with his large-scale reworkings of comic-book illustrations, including a series of 'girl paintings' depicting stereotypical 'damsels in distress'. His range expanded to include sculpture and ceramics, and he became an icon of the pop art movement alongside the likes of Andy Warhol and James Rosenquist. Sign up to Art Weekly Your weekly art world round-up, sketching out all the biggest stories, scandals and exhibitions after newsletter promotion Not everyone was a fan, however. An infamous 1964 Life magazine headline asked of Lichtenstein: 'Is he the worst artist in the US?' Others criticised the lack of credit he gave to the comics artists who inspired him. In 1968, Lichtenstein married Dorothy Herzka, a director of the Paul Bianchini Gallery in Manhattan. She became a philanthropist and, after her husband's death, the president of the Roy Lichtenstein Foundation. She died last year. Speaking about his father's work, Mitchell Lichtenstein said: 'What I most appreciate is the sense of humour embedded in all of it. It's a wry humour that was part of who he was every day. 'To my father, art was all about composition. When asked for comment about his subject matter, he often said: 'It's just marks on a page.'' The works coming to auction include Reflections: Art (1988), part of a series that ironically looks back on the artist's earlier works by making them look like stylised mirrors; Woman: Sunlight, Moonlight (1996), a flat sculpture showing a woman's profile; and a 1968 drawing of a smoking gun made for the cover of Time magazine, when the assassinations of Martin Luther King Jr and Robert F Kennedy had sparked a fierce debate about gun control.

Watching my toddler fall in love with art is a peak joy of parenting
Watching my toddler fall in love with art is a peak joy of parenting

Washington Post

time19-02-2025

  • Entertainment
  • Washington Post

Watching my toddler fall in love with art is a peak joy of parenting

The perfect age to experience 'Luna Luna,' the restored art carnival now on display at the Shed in New York, might be 2. To a toddler, the futuristic pavilions designed by Salvador Dali, Roy Lichtenstein and David Hockney are towering castles of glass and mirrors and swoops of color. The riderless Basquiat Ferris wheel turns as if it were enchanted. Massive puppets of animals and monsters flit among the crowds. Everywhere you look, there is music and light and movement.

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