October 2019 – ARTDEALS

Disgraced Financier Jho Low Is Turning Over a Picasso and Basquiat Once Given to Leonardo DiCaprio as Part of a $700 Million Settlement

October 31, 2019

The disgraced Malaysian financier and flashy art collector Jho Low will soon hand much of his flash over to the feds. As part of a settlement with the US Department of Justice finalized on October 30, Low will forfeit $700 million worth of assets, including works by Pablo Picasso, Jean-Michel Basquiat, and Diane Arbus—which were

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‘I’m Not Trying to Spell Out a Story’: Watch How Artist Julie Mehretu Uses Massive Scale and Complex Layers to Create Paintings You Get Lost In

October 31, 2019

The Ethiopian-born artist Julie Mehretu has been known to create works so large and so ambitious that she must rent out gargantuan spaces just to contain them while she works. When she was preparing her massive diptych unveiled in the lobby of the San Francisco Museum of Art in 2017, she set up a makeshift studio in

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What Can You Expect at This Year’s Performa? A Haunted High School Talent Show, a Six-Hour Clay Dance, and More

October 31, 2019

One hundred years ago, the legendary art school the Bauhaus was founded in part on the idea of the Gesamtkunstwerk—that is, works of art that synthesize different disciplines into one holistic vision. A similar ambition underscores the mission of Performa, New York’s 16-year-old biennial. The event is technically dedicated to performance art, but it embraces

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See Photos From artnet and Hennessy Paradis Imperial’s Celebration of Artist Phillip K. Smith III’s New Los Angeles Exhibition

October 31, 2019

The first thing you notice about Phillip K. Smith III’s studio is that it’s pristine. His works—pill-shaped pieces from his Lozenges series and circular ones from his Toruses series—hang along the galleries of the giant warehouse space, where, this past weekend, the artist hosted a luncheon in collaboration with artnet and Hennessy Paradis Imperial, the the pièce de résistance of

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Fashion Designer Marc Jacobs Is Selling Off His Entire Art Collection, Including a $3 Million Ed Ruscha

October 31, 2019

After nearly 20 years of collecting art, the fashion designer Marc Jacobs is looking for a fresh start. As he prepares to sell his New York City apartment, he’s also auctioning off all the art hanging inside it. Sotheby’s has even named the New York sale “Marc Jacobs: Between Collections.” “Everything must go!” Jacobs joked to Sotheby’s

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After a Five-Year Term, Tom Finkelpearl Is Out as New York City’s Commissioner of Cultural Affairs

October 31, 2019

After five years on the job, New York City’s Commissioner of Cultural Affairs Tom Finkelpearl is leaving his post. The news was announced in a press release on Thursday morning, with a brief statement from mayor Bill de Blasio: “Tom has done a remarkable job in creating a more equitable and accessible cultural sector… he

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This Bronze Sculpture Touted as a Leonardo da Vinci Was Supposed to Fetch $50 Million at Auction. Instead, It Flopped With Zero Bids

October 31, 2019

A hotly debated cast of an equestrian sculpture that some believe is linked to Leonardo da Vinci was estimated to sell for between $30 million and $50 million at auction last night. Instead, it flopped. The object—which was offered without a reserve, or minimum price—was the star lot at a sparsely attended Guernsey’s sale hosted

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This Bronze Sculpture Touted as a Da Vinci Was Supposed to Fetch $50 Million at Auction. Instead, It Flopped With Zero Bids

October 31, 2019

A hotly debated cast of an equestrian sculpture that some believe is linked to Leonardo da Vinci was estimated to sell for between $30 million and $50 million at auction last night. Instead, it flopped. The object—which was offered without a reserve, or minimum price—was the star lot at a sparsely attended Guernsey’s sale hosted

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Treasures From King Tut’s Tomb Are Heading to London Before Returning to Egypt Forever. See Highlights Here

October 31, 2019

The largest-ever trove of treasures from King Tut’s tomb is coming to London on the third stop of a world tour that will end with the artifacts being returned home to Egypt forever. The 150 items are included in the exhibition “TUTANKHAMUN: Treasures of the Golden Pharaoh,” which will run November 2, 2019, through May

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With a Soirée Themed to the Most Romantic Bridge in Paris, Van Cleef & Arpels Launched Poetic New Luxury Watches That Kiss

October 31, 2019

Jewelers tell great stories. And when Van Cleef & Arpels is the storyteller, chances are, it is a great love story. For the Place Vendôme jeweler, Paris and its cobbled streets, zinc rooftops, and lit-up bridges have long provided the basic elements of a romantic narrative that was revived last week when Van Cleef &

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