Weekly Arts News Round-Up
Isabel Andrews, Friday, 19th September 2008
Hirst Triumphs
The Sotheby’s two-day auction of work by Damien Hirst fetched £111.4 million. The single-artist sale, entitled ‘Beautiful Inside My Head Forever’, had been forecast to reach around £65 million. The centrepiece of the show, Golden Calf, sold for £10.3million. After weeks of speculation, the results have silenced claims that the sale would mark the end of the current art boom. Damien Hirst, who didn’t attend the auction, said, ‘I think the art market is bigger than anyone knows, I love art and this proves I’m not alone and the future looks great for everyone.’ The sale is a record for a single-artist auction and raised ten times the previous record set by an auction of Picasso’s work in 1993.
Banking on Art
Following news that the American bank Lehman Brothers filed for bankruptcy on Monday, many eyes have turned to the bank’s art collection. The 3,500-strong collection, that includes works by Jasper Johns, Takashi Murakami and Andreas Gursky, is part of the asset management unit Neuberger Berman, co-founded by Roy Neuberger, who also founded the Neuberger Museum of Art in New York.
Hurrican Ike Does Damage
Mies van der Rohe’s Farnsworth House has flooded for the second time in 12 years. The modernist building, based in Illinois, suffered the consequences of hurricane Ike with floods of more than two feet of water.
Jerwood Drawing Winner
The Jerwood Drawing Prize has announced Warren Baldwin as the winner of this year’s competition. Baldwin’s entry was a drawing in pencil and charcoal, Study for Portrait, for which he receives a £6,000 prize.
Moscow's GCCC Opens
Daria Zhukova, girlfriend of Russian billionaire Roman Abramovich, has opened her new contemporary art gallery in Moscow, the Garage Centre for Contemporary Culture (GCCC). It is Moscow’s first private arts centre, housed in a former Soviet bus garage built by Constructivist architect Konstantin Melnikov in 1928. The opening was attended by artists Jeff Koons and Rafael Lozano-Hemmer.
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