Transactions
Loic Gouzer, formerly Christie’s star co-chairman of postwar and contemporary art, has made several notable sales on his new app, Fair Warning. The app, which debuted in late June, is a “guerilla type of auction system” that auctions off single lots on a weekly basis. Unlike mainstream auction houses, Fair Warning relies upon a membership system that only accepts vetted collectors who won’t flip the works. So far, Gouzer has made three notable sales: a portrait by Steven Shearer which sold for $437,000, followed by a David Hammons body print that sold for $1.3 million and a painting by Steven Parrino for $977,500. Next up is a 1982 work on paper by Jean-Michel Basquiat, estimated at $8 million to $12 million. The work is on view in the garage of Gouzer’s Montauk home.
Billionaire investment banker and art collector Ronald Perelman plans to anonymously sell two paintings at Sotheby’s cross-category “Rembrandt to Richter” sale in London this month. The works heading to the auction block are Joan Miro’s “Peinture (Femme au Chapeau Rouge)” (1927), which has a high estimate of £30 million (~$38.1 million), and Henri Matisse’s “Danseuse dans un interieur, carrelage vert et noir” (1942), with a high estimate of £12 million (~$15.2 million). Perelman, who is worth $7.8 billion, is in the process of restructuring his assets. His 20th-century art collection, which includes names like Cy Twombly and Alberto Giacometti, is worth billions.
Christie’s New York is holding an online sale and a live auction of Latin American art this month. The sales span Latin American work from the 17th century to more contemporary works from the present day, with a focus on the 20th century. The two paintings leading the auctions are Wilfredo Lam’s “Femme Cheval” (1950) and Rufino Tamayo’s “Dos amantes contemplando la luna” (1950), both estimated at $2–3 million. Other notable works include a bronze Fernando Botero statue of a horse, a starkly geometric Carmen Herrera work on canvas, and a painting of ice skaters and horses by the brilliant Surrealist Leonora Carrington.
This Week in the Art World
Gavin Brown’s Enterprise is shuttering its doors and Gavin Brown will join Gladstone Gallery as a partner. | New York Times
Kader Attia’s La Colonie in Paris is closing. | Artforum
Alexis Maggiar joined Christie’s as the international director of the Department of Arts of Africa, Oceania, and the Americas. | LiveAuctioneers
Bluestockings Bookstore has left its Lower East Side space. | Instagram
The John Giorno Foundation in New York named Elizabeth Dee as Director. | Artforum
Political cartoonist Steve Bell has parted ways with The Guardian. | Art Newspaper
Alexander Gray Associates in New York is adding an exhibition space in Hudson Valley. | Via email announcement
India’s Kochi Biennale Foundation announced a list of artists in the 2020 Kochi-Muziris Biennale. | e-flux
The Laurie M. Tisch Illumination Fund in New York granted a $1.5 million endowment to Skidmore College’s Frances Young Tang Teaching Museum and Art Gallery. | Albany Business Review
Martin Parr has left his role as artistic director of Bristol Photo Festival. | Art Newspaper
The Frick Madison will open in early 2021 in the building that formerly housed the Met Breuer. | Gothamist
In Memoriam
Brigid Berlin (1939–2020), debutante star and documentarian of Andy Warhol’s Factory | Artforum
Tony Elliott (1947–2020), British founder and owner of Time Out | Guardian
Charles Evers (1922–2020), civil rights activist and former mayor of Fayette, Mississippi | PBS
Paul Fusco (1930–2020), photographer and photojournalist | ARTnews
Zizi (Renée) Jeanmaire (1924–2020), French ballet dancer, singer, and actress | Vogue
John Lewis (1940–2020), congressperson and civil rights icon | New York Times
Andrew Mlangeni (1925–2020), South African anti-apartheid activist | New York Times
Enrico Navarra (1953–2020), art collector and gallerist | ARTnews
Keith Sonnier (1941–2020), Postminimalist artist | ARTnews
Murió Lucio Urtubia (1931–2020), Spanish anarchist | La Jornada
Rev. C.T. Vivian (1924–2020), minister and crusader for civil rights | NPR
Jerry Wolkoff (1936–2020), New York property developer and 5Pointz landlord | Commercial Observer