In the Air – Art News & Gossip
Archive for the ‘Gossip’ Category
In the entry hall of collectors Amy and John Phelan’s Aspen home currently hangs a canvas that reads, “We gave a party for the Gods, and the Gods all came.” It’s a small work in comparison to the wall-size Raquib Shaw that hangs across from it and has far less star power than the significant works by Ed Ruscha, Jenny Holzer, Damien Hirst, Andy Warhol, and Jack Pierson that lie across the threshold. But when the Phelans host Wine Crush, the bold-face name-studded, oenophilic event that kicks off the Aspen Art Museum’s annual Art Crush gala benefit weekend, the statement transforms from aspiration to truism.
Sotheby’s London has issued art and jewelry investor Olyvia Kwok with a £3 million High Court writ for purchasing two artworks on behalf of a client who was unable to pay for them, the Telegraph has reported. Kwok successfully bid £2.49 million for “Water-Worshipper” by Jean-Michel Basquiat and £386,500 for “Idilli” by Cy Twombly at the Contemporary Art Evening Auction back in February. At the time, Kwok described the Basquiat purchase as “a bargain,” adding, “I believe that by the end of the year it will be in a different league. In 18 months we are looking to double what we paid.
Although we couldn’t be more over it with the hundreds of Jeff Koons instagrams in our feed this week, it would be a serious omission not to include a few. Here’s Elisabeth von Thurn und Taxis’s (elisabethtnt) hilarious pic of her mom Gloria, Princess of Thurn and Taxis, posing in front of Koons’s terrifying purple sex sculpture from the “Made in Heaven” series.