It’s the middle of August, the slowest time of the year in the art world, so Larry Gagosian is probably just waking up in his mansion at Flamand’s Beach on St. Barth’s. And then here comes Ron Perelman trying to ruin his day: the billionaire investor is soldiering ahead with his lawsuit over the Read More
A grueling 91-lot contemporary art sale at Christie’s last night paid off, bringing in a total of $247.6 million with premium included, within its pre-sale estimate of $226.5 million-$312.3 million. At least 13 auction records were set over the course of the evening, including new high marks for Paul McCarthy ($4,562,500), Barbara Kruger ($902,500), Louise Bourgeois ($10,722,500), Charles Ray ($3,106,500) and Roy Lichtenstein ($43,202,500). It was a “marathon sale” in the words of department head Brett Gorvy, but a lively one for the most part.