DIRS.INFO The most relevant business & tech news

☆ This twisted hunk of metal that used to be a Ferrari just sold for $1.TK million
▼ + stars: | 2023-08-18 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +3 min

CNN —A hulk of dented, torn and scorched metal that was, decades ago, a Ferrari race car just sold at an RM Sotheby’s auction in California for $1.9 million. One of only 13 made, this 1954 Ferrari Mondial Spider Series I wasn’t one of Ferrari’s fabled V12 models but a an entirely different design. This car, a different 1954 Ferrari 500 Mondial Pinin Farina Spider, was offered for sale on the auction site Bring A Trailer in September, 2021. The most expensive Ferrari ever sold at auction was the 1962 Ferrari 250 GTO, which was also on the block at RM Sotheby’s. The price includes the RM auction house commission, and the buyer is undisclosed.

Persons: it’s, Ferrari, Pinin Farina, Franco Cortese, Pinin Farina Spider, Walter Medlin, Brian Rabold, drivable, Rabold, ” Rabold Organizations: CNN, Ferrari, Pininfarina, Ferrari Mondial Spiders Locations: dented, California, Scaglietti, United States

☆ Sotheby’s Asks Over $60 Million for 1962 Ferrari
▼ + stars: | 2023-08-17 | by ( Ashley Wong | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/cars/would-you-spend-60-million-on-a-ferrari-88826f45

Persons: Dow Jones

☆ ‘Bored Apes’ investors sue Sotheby’s, Paris Hilton and others as NFT prices collapse
▼ + stars: | 2023-08-17 | by ( Christy Choi | ) edition.cnn.com time to read: +5 min

CNN —A group of investors is suing Sotheby’s Holdings Inc. and others over a 2021 auction and promotion of Bored Ape Yacht Club non-fungible tokens (NFTs) following a collapse in prices for the celebrity-endorsed collectibles. Sotheby’s is among 30 defendants named in the lawsuit, with celebrities like Justin Bieber and Paris Hilton also accused of promoting the NFT collection without disclosing their financial links to it. A spokesperson for Yuga Labs meanwhile said, via email: “We believe that these new allegations, like those in the previous iteration of this opportunistic complaint, are completely without merit or factual basis. “As a media and technology company, Yuga Labs has empowered strong communities of enthusiasts and entrepreneurs to innovate, connect, and build. The Bored Ape Yacht Club, a collection of 10,000 NFTs hosted on the Ethereum blockchain, launched in April 2021.

Persons: Yuga, Justin Bieber, Paris Hilton, Sotheby’s, NFTs, “, Jack Dorsey’s, LeBron James, “ Beeple, ”, ” —, MoonPay Organizations: CNN, Sotheby’s Holdings Inc, Paris Hilton, Labs, Yuga Labs, Twitter, Adidas, Securities and Exchange Commission Locations: California, freefall

☆ The Chuck Close Painting Is Heading to Auction. The Dog Walker Abides.
▼ + stars: | 2023-08-10 | by ( John Leland | More About John Leland | ) www.nytimes.com time to read: +1 min

Paintings by Chuck Close once sold for as much as $4.8 million. He offered the painting to Sotheby’s, which scheduled it for auction last December but then withdrew it because Mr. Close’s studio and longtime gallery had no record of the painting. Instead of a jackpot, Mr. Herman had a bill for $1,742, for stretching the canvas onto a frame. “One reader commented that I was the Dude redux,” Mr. Herman said, referring to the lovable stoner in the Coens’ “The Big Lebowski.”He so is. Mr. Herman passed.

Persons: Herman, Chuck Close, Caroline White, White’s, Mr, Herman said, Alfred Fuente —, ”, —, Close’s, Taylor Curry Organizations: University of Massachusetts, New York Times, Heritage Locations: Chelsea, New York

☆ Tupac Shakur’s self-designed ring becomes most expensive hip-hop artifact sold at auction
▼ + stars: | 2023-07-27 | by ( Christy Choi | ) edition.cnn.com time to read: +2 min

CNN —Late rapper Tupac Shakur’s gold, ruby and diamond crown ring fetched more than $1 million on Tuesday, becoming the most valuable hip-hop artifact ever sold at auction, according to Sotheby’s. From left: Snoop Doggy Dogg and Tupac Shakur show off their rings DMI/The LIFE Picture Collection//ShutterstockThe ring was designed over several months after the rapper signed with Death Row Records following a prison sentence of which he served eight months. It was modeled after the crowns of Europe’s medieval kings in “an act of self-coronation,” said Shakur’s godmother Yaasmyn Fula, who brought the ring to auction, according to a Sotheby’s press release. The ring on display ahead of Tuesday's hip-hop-themed auction. The wooden box, painted in the artist’s classic cartoonish style, sold within estimate at $76,200.

Persons: Tupac Shakur’s, Shakur, “, Kidada Jones, Quincy Jones, Snoop, Tupac Shakur, ”, Yaasmyn, De La Soul’s Kelvin Mercer, Alexi Rosenfeld, KAWS, UNKLE, James Lavelle, Wu, Tang, Bill Sienkiewicz, EPMD’s Organizations: CNN Locations: New York, “, York, American

☆ Apple sneakers on sale for $50,000
▼ + stars: | 2023-07-26 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —When you think of Apple, it’s likely that what first springs to mind is a conveyer belt of revolutionary tech rather than a pair of sneakers. But a pair of “ultra-rare” Apple sneakers is now being sold by auctioneers Sotheby’s for $50,000, fetching a higher price tag than any current Apple product. Complete with the rainbow Apple logo on the tongue and side, the white trainers were custom-made for the company’s employees as a one-time giveaway at a National Sales Conference in the mid-1990s. Although producing sneakers is unusual for Apple, in 1986 the tech brand released a range of clothing and accessories dubbed “The Apple Collection,” featuring mugs, umbrellas, bags, keyrings and even a sailboard, all emblazoned with the rainbow Apple logo, according to a catalog published that year. This pair of sneakers is not the first vintage Apple product to have sold for an eyewatering sum in recent months.

Persons: auctioneers Sotheby’s, “, ” Sotheby’s, Lamy, Braun, Sotherby’s, Steve Jobs Organizations: CNN, Apple, National Sales Conference, Honda

☆ Carl Sagan’s personal master recording of Voyager’s iconic Golden Record goes up for auction
▼ + stars: | 2023-07-26 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

The master recordings of the Voyager Golden Record still have their original boxes. Courtesy Sotheby'sNow, a copy of the master recording for NASA’s Voyager Golden Record — the one kept by the late astronomer Carl Sagan and his wife, producer Ann Druyan — will be for sale at Sotheby’s New York on Thursday. Both Voyager spacecraft carry a copy of the Golden Record. Each record cover was etched with symbols depicting how to locate the sun and instructions on how to play the record. Engineers can be seen securing the cover over the Voyager 1 Golden Record in 1977.

Persons: Carl Sagan, Ann Druyan —, Chuck Berry’s, Johnny B, Goode, Sagan, Frank Drake, Linda Salzman, “, ”, Suzanne Dodd, Dodd, ” Dodd, they’ve Organizations: CNN, NASA’s, Sotheby’s, Columbia Recording, United Nations, Cornell University, NASA, Voyager, JPL, Caltech, Engineers, Jet Propulsion Laboratory, Neptune, Hulton, “ Locations: York, Senegalese, Peruvian, Indian, Pasadena , California

☆ Jane Birkin: Decades of Effortless Elegance
▼ + stars: | 2023-07-16 | by ( Guy Trebay | ) www.nytimes.com time to read: +2 min

There were the babydoll dresses that few besides the actress Mia Farrow ever wore with greater élan. “Her style was very different from American style,” Ms. Sui said, and it introduced “something new to our fashion vocabulary.” What exactly was it about that style, the designer was asked? Perhaps, in the end, the Hermès Birkin bag provides the best example. Before its invention, Ms. Birkin was often photographed toting a straw marketbasket crammed with makeup, keys and assorted paraphernalia. “I would love to have been a sort of neat person and wear a Kelly,” Ms. Birkin once explained, referring to a prim, boxy-style handbag created and named for the film star Grace Kelly.

Persons: Mia Farrow, she’d, Ms, Sui, Birkin, Jean, Louis Dumas, Kelly, ” Ms, prim, Grace Kelly, “, Courroies, Sotheby’s, Kim Kardashian, Kylie Jenner, Jennifer Lopez, Cardi Organizations: YouTube Locations: daises, French, Paris, London

☆ Christina Quarles, the multiracial queer painter transforming the art of the nude
▼ + stars: | 2023-07-03 | by ( Victoria Woodcock | ) edition.cnn.com time to read: +8 min

Isla del Rey, Menorca CNN —On the tiny Menorcan island of Isla del Rey, Christina Quarles is sitting under a canopy of olive trees. “Coming in on a boat is like a moment of meditation to prepare yourself to see art,” she added. Christina Quarles' show 'Come In From An Endless Place,' is on at the Hauser & Wirth gallery on the Spanish island of Menorca until October 29, 2023. The new Menorca Hauser & Wirth gallery was once a dilapidated 18th century naval hospital. I’ve found it to be a very beautiful parallel.”“With Christina, it’s difficult to separate the artist from the work,” said Bardaouil.

Persons: Menorca, Isla del Rey, Christina Quarles, Hauser & Wirth Menorca, “ It’s, ”, Quarles, Piet Oudolf, Damian Griffiths, Wirth, “, ” Quarles, givens, ‘, Menorca Hauser, Wirth “ She’s, Sam Bardaouil, Bardaouil, Quarles ’, Mar Rescalvo Pons, Fredrik Nilsen, Wirth Quarles ’, I’ve, there’s, Christina, it’s Organizations: del, Menorca CNN, Hauser &, Hauser, Wirth, ”, Venice Biennale, Sotheby’s, CNN, Hamburger Bahnhof, Hauser & Wirth Locations: Isla del, Los Angeles, Swiss, London, New York, Hong Kong, Menorca, Chicago, Venice, York, Berlin, gesturally

☆ When It Comes to Rubies, Is Mozambique the New Star?
▼ + stars: | 2023-07-02 | by ( Nazanin Lankarani | ) www.nytimes.com time to read: +1 min

Rubies are like caviar: Their origin is an important part of their market value. Until a month ago, anyone interested in buying a big ruby knew with certainty that Myanmar, formerly called Burma, produced the most valuable stones. Then in June, the 55.22-carat Estrela de Fura, mined in Mozambique, sold for $34.8 million at Sotheby’s in New York — what the auction house called “a world auction record for a ruby and any colored gemstone.”The stone, whose Portuguese name means Star of Fura, actually was one of three exceptional rubies auctioned in the past two months. One, from Myanmar, had been the world’s highest priced ruby, but sold in May for far less than its estimate. (The industry continues to use the term Burmese for rubies from the country.)

Persons: ” Locations: Myanmar, Burma, Thailand, Cambodia, Vietnam, East, Madagascar, Tanzania, Kenya, Mozambique, New York

☆ Homes for Sale in Manhattan and Brooklyn
▼ + stars: | 2023-06-29 | by ( Heather Senison | ) www.nytimes.com time to read: +1 min

Manhattan | 210 Riverside Drive 7D/6DRiverside Drive Duplex$1.5 millionA 1,400-square-foot, two-bedroom, two-bath duplex co-op with original moldings and doors, ample closets, an open living/dining/kitchen area and full bathroom on the upper level, and an en suite primary bedroom, library/home office and second bedroom with lofted storage on the lower level, on the sixth and seventh floors of a 12-story doorman building from 1909 designed by Schwartz & Gross, with a live-in superintendent, bike room, shared laundry and storage cases. Colin Montgomery and Stan Ponte, Sotheby’s International Realty, 646-319-3114; sothebysrealty.comCostsMaintenance: $2,791 a monthProsThis nicely kept and well-maintained duplex feels like a townhouse. The kitchen and upstairs bathroom are fully renovated. ConsThe building lacks amenities, like a gym or roof deck. The bathroom on the lower level is in the primary suite.

Persons: Colin Montgomery, Stan Ponte Organizations: Manhattan, Schwartz & Gross, Sotheby’s

Some billionaires rocketed into space as Branson and Amazon founder Jeff Bezos have. Other rich travelers journeyed on a submersible to explore the wreckage of the ocean liner Titanic. For $250,000 to $300,000 a trip, Kent sometimes fields unusual requests including helping a Saudi prince fulfill his dream of flying a plane onto and off of an aircraft carrier. The experience was so demanding that Ackman's father expressed concern about the intended trip, not for his son but for another fund manager who had signed up to go. One person familiar with that excursion said it probably wouldn't happen again, in part because it was such a potentially risky undertaking.

Persons: Eric Gaillard, Richard Branson, Branson, Jeff Bezos, ”, Alexandre Cymbalista, Geoffrey Kent, Kent, Goldman Sachs, Monica Heslington, Goldman, Melissa Biggs Bradley, Massimo Bottura, Bill Ackman, Whitney Tilson, Tilson, Ackman, Svea Herbst, Bayliss, Tatiana Bautzer, Julia Harte, Nupur Anand, Paritosh Bansal, Anna Driver Organizations: REUTERS, Twitter, Virgin Galactic, Virgin Group, Amazon, Wall Street, Abercrombie, Kent, Credit Suisse, SPECIAL, Goldman, Art Basel, Rubell Museum, Bank of America, Indagare, Ferrari, Navy, Svea, Thomson Locations: Nice, France, New York City, Branson, safaris, Botswana, Kent, Saudi, Africa, Miami, Art Basel, Modena, Italian, Mongolia, California

☆ Klimt’s ‘Lady With a Fan’ Brings $108.4 Million, Auction Record for the Artist
▼ + stars: | 2023-06-27 | by ( Scott Reyburn | ) www.nytimes.com time to read: +1 min

Post-Brexit London regained some credibility as the capital of Europe’s high-value art market on Tuesday when a radiant portrait by Gustav Klimt, “Lady With a Fan,” sold at Sotheby’s for 85.3 million pounds with fees, or about $108.4 million. The price was an auction high for the renowned Austrian artist and was the highest for a public sale in Europe, beating Alberto Giacometti’s “Walking Man I,” which sold for $104.3 million in 2010, also at Sotheby’s in London. The audience erupted into the sort of thunderous applause that hasn’t been heard at a London auction for some years. “The price was within our expectations,” said Wong, the former chair of Sotheby’s Asia, who added that she was buying for a Hong Kong collector. The final price topped Klimt’s previous auction high of $104.6 million, given in November for the 1903 landscape “Birch Forest,” at Christie’s, in New York.

Persons: Gustav Klimt, ”, Alberto Giacometti’s “, Patti Wong, hasn’t, Wong Locations: Europe’s, Austrian, Europe, Sotheby’s, London, Hong Kong, Asia, Birch, ”, Christie’s, New York

☆ Princess Diana’s famous ‘black sheep’ sweater is going up for auction
▼ + stars: | 2023-06-26 | by ( Amarachi Orie | ) edition.cnn.com time to read: +4 min

CNN —Princess Diana left behind a vast style legacy, and soon enthusiasts will be able to bid for one of her most famous looks. The celebrated “black sheep” sweater first worn by Lady Diana Spencer at a polo match in 1981 when she was engaged to the now King Charles III will headline Sotheby’s Fashion Icons auction in New York and online between August 31 and September 14. The sweater will be on display at Sotheby's in New York at the start of Fashion Week on September 7. Artists Sally Muir and Joanna Osborne and their knitwear label Warm & Wonderful created the knitted, bold-red, wool crew neck, which is adorned with rows of white sheep and one black sheep on the front, in 1979. In the photograph, the lone black sheep appears to be on a higher row of white sheep on the new sweater than on the original.

Persons: Diana, Lady Diana Spencer, King Charles III, Princess Diana’s, ”, Cynthia Houlton, “, Sally Muir, Joanna Osborne, Diana’s, Muir, Osborne, Buckingham, Diana's, Sotheby's Diana, Emma Corrin Organizations: CNN, New York, Sunday, Albert Museum, CNN’s Royal Locations: New York, Buckingham Palace

☆ Klimt portrait 'Lady with a Fan' headed to auction with $80 million price tag
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +1 min

LONDON, June 23 (Reuters) - The last-ever portrait Austrian artist Gustav Klimt painted before he died is headed for auction next week, with a price estimate of $80 million. "Dame mit Fächer" ("Lady with a Fan") - a portrait of an unnamed woman - was still on an easel in Klimt's studio when the painter died in February 1918. It leads Sotheby's Modern & Contemporary Evening Auction on June 27 in London, with a price estimate of around 65 million pounds ($80 million). That price tag makes it "the most valuable ever to have been offered at auction in Europe," according to Sotheby's. "It’s very rare for a Klimt painting of this quality and caliber of a portrait of a woman to come to auction."

Persons: Gustav Klimt, Klimt, Helena Newman, Lucian Freud’s, Penelope Cuthbertson, Leonor Fini, Alberto Giacometti, Buste, Diego, Will Russell, Marie, Louise Gumuchian, Matthew Lewis Organizations: Sotheby’s, Reuters, Thomson Locations: London, Europe, Asia, Sotheby’s Europe

☆ Rubens painting ‘lost’ for centuries could sell for $7.7 million
▼ + stars: | 2023-06-20 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —A Rubens painting lost to history and misidentified for almost 300 years has re-emerged with the help of X-ray analysis and could now fetch up to £6 million ($7.7 million) at auction next month. Flemish painter Peter Paul Rubens completed “Saint Sebastian Tended by Two Angels” more than 400 years ago. X-Ray analysis revealed Rubens' changes to the painting. Sotheby'sAnalysis revealed changes beneath the final painting as Rubens sculpted and molded his design to perfection for the first time. Initially, for example, Rubens painted Saint Sebastian facing the other way while he omitted another arrow piercing the saint’s right thigh in the painting’s final form.

Persons: CNN —, Rubens, Peter Paul Rubens, “, Sebastian, George Gordon, Sotheby’s, ” Gordon, Ambrogio Spinola, “ Ambrogio Spinola, …, Spinola, ”, Gordon, Laurent de la, Saint Sebastian, “ Rubens Organizations: CNN Locations: Flemish, Italian, Italy, Antwerp, Missouri, French, Rome, London

☆ Klimt’s ‘last masterpiece’ sells for record-breaking $108.4 million
▼ + stars: | 2023-06-14 | by ( Oscar Holland | Jacquelyn Palumbo | ) edition.cnn.com time to read: +5 min

“Dame mit Fächer” was one of two paintings found at the Austrian artist’s studio upon his death in 1918, according to Sotheby’s. A work the artist had started a year prior, in 1917, “Dame mit Fächer” is rendered in Klimt’s characteristically rich, expressive style. "Dame mit Fächer" (right) pictured in Klimt's Vienna studio in 1918. "Dame mit Fächer" became Klimt's highest-selling artwork at auction. Klimt’s “Portrait of Adele Bloch-Bauer I” was meanwhile bought by US businessman Ronald Lauder for a reported $135 million in 2006.

Persons: Gustav Klimt, Fächer ”, Klimt, Paul G, Allen, “, —, Sotheby’s, Thomas Boyd Bowman, ”, De Agostini, Helena Newman, Newman, Erwin Böhle, Rudolf Leopold, Dmitry Rybolovlev, Yves Bouvier, Adele Bloch, Bauer, Ronald Lauder, Oprah Winfrey, Alberto Giacometti, Edvard Munch Organizations: CNN, Microsoft, Austrian, De Agostini Editorial, Financial Times, Bloomberg, UBS, Art Locations: London, Birch, Hong Kong, Klimt's Vienna, Viennese, Sotheby’s, Austrian, Covid

☆ Klimt’s ‘last masterpiece’ poised to fetch $80 million at Sotheby’s auction
▼ + stars: | 2023-06-14 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

Depicting an unidentified female subject, “Dame mit Fächer” (Lady with a Fan) was one of two paintings found at the Austrian artist’s studio upon his death in 1918, according to Sotheby’s auction house. Started in 1917, “Dame mit Fächer” is rendered in Klimt’s characteristically rich, expressive style. Sotheby's said it expects the painting the fetch "in the region of" $80 million when it goes under the hammer this month. Klimt’s “Portrait of Adele Bloch-Bauer I” was meanwhile bought by US businessman Ronald Lauder for a reported $135 million in 2006. “Dame mit Fächer” is the star lot in Sotheby’s modern and contemporary art summer auction, which takes place on June 27.

Persons: Gustav Klimt, Fächer ”, Sotheby’s, Thomas Boyd Bowman, ”, “, —, De Agostini, Klimt, Helena Newman, Newman, Erwin Böhle, Rudolf Leopold, Sotheby's, Paul G, Allen, Dmitry Rybolovlev, Yves Bouvier, Adele Bloch, Bauer, Ronald Lauder, Oprah Winfrey, Alberto Giacometti, Edvard Munch Organizations: CNN, Austrian, De Agostini Editorial, “, Microsoft, Financial Times, Bloomberg, UBS, Art Locations: London, Klimt's Vienna, Viennese, Sotheby’s, Austrian, “ Birch, Covid

☆ Art Basel’s New Chief Is All About the Brand
▼ + stars: | 2023-06-12 | by ( Scott Reyburn | ) www.nytimes.com time to read: +1 min

“People are ever more driven by experience, and people are ever more driven by brand,” said Horowitz. “They buy at a major auction house, but they also buy from Art Basel galleries because we’re a brand.”Horowitz’s appointment, announced in October, came as a surprise. He replaces the formidable Marc Spiegler, who oversaw the growth of the fair brand for 15 years and was widely regarded as one of the art world’s most influential figures. Horowitz returned to Art Basel from Sotheby’s, where he had a 13-month spell as the head of gallery and private dealer services; before that, he spent six years as Art Basel’s director of the Americas, in charge of the Miami Beach fair. “When I left Art Basel two years ago, one of the difficult things was not knowing what impact James and his partners would have as stakeholders,” said Horowitz.

Persons: ”, Horowitz, “, Marc Spiegler, James, Murdoch Organizations: Art, Art Basel, Miami Beach, Prix, Basel Locations: Art Basel, Sotheby’s, Americas

☆ Paul Newman: Hundreds of Hollywood star's items to go on sale in Sotheby's auction
▼ + stars: | 2023-06-01 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

Several watches are being sold as part of the auction. “My parents shared a passion for antiques and vintage items, the quirkier the better,” their daughter Melissa Newman said in a Sotheby’s auction catalog. The couple’s personalities also emerge in some of the more unusual furniture showcased in the auction. “Dad loved to pull pranks on his friends,” his daughter Clea Newman said a Sotheby’s auction catalog. “One of his favorite bits was making everyone who arrived late sit on the pig bench for their meeting.

Persons: Paul Newman, Joanne Woodward, Richard Nixon’s, Newman –, George H.W, George H.W . Bush, Bill Clinton, “, Melissa Newman, It’s, ” Newman, Sotheby's Newman, Luke, ”, Woodward, Eve ”, Joanne ”, Newman, –, “ Dad, Clea Newman Organizations: CNN, Rolex Locations: Hollywood, Washington, George H.W .

☆ Freddie Mercury’s handwritten lyrics suggest he considered ‘Mongolian Rhapsody’ song title
▼ + stars: | 2023-06-01 | by ( Oscar Holland | ) edition.cnn.com time to read: +4 min

(CNN) — Never-before-seen draft lyrics of Queen’s “Bohemian Rhapsody” suggest that Freddie Mercury considered giving his mock-opera anthem a somewhat different title: “Mongolian Rhapsody.”The discovery was made following the emergence of a 15-page folio of lyrics, vocal lines and harmonies handwritten by the singer as he composed his 1975 hit. Queen recorded “Bohemian Rhapsody” the next year. Sotheby's auction house said the handwritten lyrics present "untold insights into other possible directions the song could have taken." Queen pictured in 1977, two years after releasing "Bohemian Rhapsody." Richard E. Aaron/Redferns/Getty Images“What is ‘Bohemian Rhapsody’ about?

Persons: —, Queen’s, Freddie Mercury, there’s, I’ve, “ Galileo, ”, Belladona ”, Mercury’s, Mary Austin, “, ” —, Brian May, Freddie, Richard E, Aaron, Redferns, Sotheby’s, ” Austin Organizations: CNN, British Midland Airways, Tiffany, Mercury Locations: Sotheby’s, London

☆ Whitney Museum Sells Breuer Building to Sotheby’s for About $100 Million
▼ + stars: | 2023-06-01 | by ( Robin Pogrebin | ) www.nytimes.com time to read: +1 min

The deal — which Sotheby’s and the Whitney refused to confirm in response to queries from The Times in April — finally resolves the fate of the Breuer building, which has hung in the balance since the Whitney moved down to the meatpacking district in 2015. Would the Whitney ultimately take back the building and operate uptown as well as downtown? Would the Breuer building end up as some wealthy person’s private residence or a fancy retail store? What was the Whitney without Breuer? But Lauder ultimately became a convert to the new location and it was named for him: the Leonard A. Lauder Building.

Persons: Parke, —, Breuer, Whitney, Leonard A, Lauder, ” Lauder, “ Organizations: Whitney, Times, Hudson Yards Locations: Madison, meatpacking, Manhattan

☆ The Mystery of the Disappearing van Gogh
▼ + stars: | 2023-05-29 | by ( May | ) www.nytimes.com time to read: +1 min

He also controlled a hidden offshore network of more than 130 companies holding over $5 billion in assets, according to corporate documents obtained by The New York Times. Among them was Sotheby’s invoice for the van Gogh. Today, Mr. Xiao is a man who has fallen far. And the still life, according to several art experts, has been offered for private sale. For a century after van Gogh gathered flowers and placed them in an earthen vase to paint, the artwork’s provenance could be easily traced, and the piece was often exhibited in museums for visitors to admire.

☆ Under Xi Jinping, China's military has become an untouchable nationalist symbol
▼ + stars: | 2023-05-26 | by ( Nectar Gan | ) edition.cnn.com time to read: +11 min

Yue’s alleged transgression: “uglifying” and “insulting” China’s military, the People’s Liberation Army (PLA). Under Xi, China passed a law in 2018 to ban the slander of national “heroes and martyrs,” a crime punishable by up to three years in prison. To outsiders, it may appear puzzling that China’s military, the largest and one of the most powerful in the world, would be so easily offended by a seemingly tame joke. Xi has staked his legitimacy on returning China to its former greatness, and a strong and powerful military plays a key role in driving that nationalist agenda. He has also ramped up China’s military posturing, sending fighter jets and warships to the Taiwan Strait and around the disputed islands with Japan.

☆ The oldest, most complete Hebrew Bible that went missing for 600 years sells for a record $38 million
▼ + stars: | 2023-05-21 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +3 min

An ancient Hebrew Bible has just sold at Sotheby's auction house in New York for $38 million. The ancient text, written in around 900 AD, is the most complete early copy of the Hebrew Bible. Hence, the auction house says the nearly 800-page Codex Sassoon is "definitively the most significant early biblical manuscript in private hands." It includes 24 books of the Hebrew Bible, divided into the Torah, or "Pentateuch," the Nevi'im, or "prophets," and the Ketuvim, or "writings." The Hebrew Bible is the basis for what Christians call the Old Testament.

Search resuls for: "Sotheby’s"

25 mentions found