November 11, 2014: Former Dia Building Sold, Forcing Art Residents Out; First FIAC L.A. Postponed; and a Roundup of Major Sotheby’s Sales
In New York … Steven Pippin opens at Gavin Brown’s Enterprise’s new Lower East Side space; “Sigmar Polke: The Distance to Things – The Proximity to Things” opens at Paul Kasmin Gallery; “Marianne Vitale: Nine Worthies” opens at Zach Feuer; “Tullio Lombardo’s Adam: A Masterpiece Restored” and “Arms and Armor: Notable Acquisitions 2003–2014” open at the Metropolitan Museum of Art; Terry Winters opens at The National Exemplar; “Raúl De Nieves & Colin Self: The Fool,” a four-act chamber opera, opens at ISSUE Project Room; “The Great Figure,” featuring Daniel Heidkamp, Lily Ludlow, Keith Mayerson, Dana Schutz, Henry Taylor, and Torey Thornton, opens at The Journal Gallery.
Today’s Notable News
Center 548, the Chelsea building formerly home to the Dia Art Foundation, has been sold to a real estate developer; among those who will be forced to move are Zach Feuer and Independent, which is in the midst of its inaugural Independent Projects fair and exhibition this week. (via ARTnews)
All 43 works presented for auction at last night’s sale of Rachel “Bunny” Mellon’s estate were sold, with proceeds totaling $158.7 million. Major sales included two Rothko pieces that went for higher prices than estimated—one for $39.9 million and another for $36.5 million. (via The Wall Street Journal)
Hedge fund manager Steven A. Cohen was revealed as the bidder who purchased Giacometti’s Chariot (1950) for $101 million at Sotheby’s last week. (via The New York Times)
Best of Instagram
Happy Veterans Day! Check out these photos of the WWI memorial poppy installation at the Tower of London. (via The Guardian)
“Brooklyn Art Center Uses Airbnb to Fund Its Programming” (via Hyperallergic)
“How Private Sales Conquered Auction Houses” (via Art Market Monitor)
Artist of the Day
Born just five years apart, French Post-Impressionist painters Paul Signac (b.1863) and Édouard Vuillard(b. 1868) share a November 11th birthday. Signac’s divisionist seascapes and Vuillard’s ornamental scenes of the Paris social scene were some of the earliest attempts to engage with and move beyond the legacy of Impressionism.
Want to catch up with the rest of this week’s news? Review past Daily Digests here.