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Sotheby’s is honored to announce that Mark Rothko’s Blue Over Red, created in the critical year of 1953, will appear as a highlight of their Contemporary Art Evening Auction in New York. In this episode of Expert Voices, Sotheby’s Chairman Lisa Dennison examines the inspiration behind Rothko’s masterpiece and explores his pioneering approach to abstraction. Executed in a richly saturated palette of orange, red and yellow, dramatically offset by a luminous blue band, Blue Over Red exemplifies the signature radiance of Rothko’s works.

source: Sotheby’s

Artist Keith Haring was inspired by the graffiti, pop art and underground club culture of New York. Haring was a great collaborator and worked with like-minded artists such as Andy Warhol and Jean-Michel Basquiat. All were interested in creating art for the many. Haring designed record covers for RUN DMC and David Bowie, directed a music video for Grace Jones and developed a fashion line with Malcolm McLaren and Vivienne Westwood. In doing so, he introduced his art and ideas to as many people as possible. Compelled to speak for his generation, his art responds to urgent issues including political dictatorship, racism, homophobia, drug addiction, AIDS awareness, capitalism, and the environment. The quotes in this film come from Keith Haring’s original journals (which he kept between 1971 to 1989) and from ‘Keith Haring: The Authorized Biography’ by John Gruen, 1991.

source: Tate Museum

Michael Cohen, President Donald Trump’s former lawyer, testified on Wednesday before the House Oversight Committee, and his opening statement contained a multitude of credible allegations against # 45. Trump instructed Cohen to arrange for a straw bidder to purchase a portrait of Trump and repaid the bidder with $60,000 Read More

Titantic II replica
The Titanic II is set to make its two-week maiden voyage in 2022, and construction of the replica recently resumed after a financial dispute held up the $500 million project for several years. The ship, which will feature the same cabin layout as the original which sunk April 12, 1912. The ship will sail from Dubai Read More

New_York_Taxis
Walk down the street in New York and you’re virtually guaranteed to see several millionaires.

That’s because more than 1 in every 25 New Yorkers is a millionaire, according to a study released Tuesday.

The Big Apple ranks fourth in a listing of the top 20 global cities based on the portion of their populations whose net worth, excluding primary residence, tops $1 million.

Altogether, 4.63% of New Yorkers, or 389,100 people, are millionaires, according to the analysis by Spear’s magazine and consulting firm WealthInsight.

“New York has long been the bastion of wealth not only in America, but the world,” said Oliver Williams, an analyst at WealthInsight. “It has the second largest millionaire and largest billionaire population of any global city.”

Monaco, Zurich and Geneva claimed the first three spots. Nearly 3 in 10 people in Monaco are millionaires.

Houston at No. 18 and San Francisco at No. 19 were the only other U.S. cities to make the list. In each city, a bit more than 2% of residents are millionaires.

Not surprisingly, most of the highest-ranked cities are banking and financial centers, including Frankfurt (No. 5) and London (No. 6).
source: LATimes

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According to an unnamed source Jay-Z bought an original painting by Jean-Michel Basquiat for a whopping $4.5 million at Sotheby’s auction house last week.

The New York Post reports that Jay Z was revealed as the anonymous buyer who forked over millions for Basquiat’s 1982 painting ‘Mecca.’ ‘Mecca’ is a crude orange, black and white painting of the Empire State Building and its surroundings.

Banksy used an anonymous old man to sell several of his original works for US$60 ($63.60) from a stall in New York’s Central Park on Sunday.

The paintings are actually worth around $42,400 each.

The total takings were $445, despite the sold art being worth an estimated $233,200 to $339,200.

A documentary 13 years in the making, American Promise follows the journeys of two African-American boys and their families from kindergarten to high school graduation and provides a powerful narrative about the lives of african-american boys and their families, as well as the factors that contribute to the achievement gap in education for black males.

Opens in New York October 18. See here for cities & showtimes: http://on.fb.me/17lBHAZ

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