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' Larry Gagosian's Lawsuit over a $100 Million Picasso Explained Isaac Kaplan Jan 16, 2016 2:42PM Update: Feb 2nd, 2016 A temporary agreement has been reached by the parties involved in a lawsuit over a Picasso bust estimated to be worth in excess of $100 million, reports the New York Times. But as to whats next on the auction market, that will be determined by our consignors and our clients and the way the winds blow.. Reports have also recently appeared in art publications, saying that Gagosian was for sale or considering an investment from LVMH or the Arnault familys holding company. // Extends jQuery with a function to serialize to JSON At 77, the mega-art dealer known as Go-Go shows no signs of stopping. Well, there was a big art industry in New York. Sep 16, 2021, By if (paywallPagesRegex.test(window.location.pathname)) { setTimeout(function() { Anna Weyant in her New York home-turned-studio. Gagosian firmly denied these reports. //hide on mobile phones Last month, the dealer brought another 1982 Basquiat, Hardware Store, to Art Basel, where it was among the priciest works at the fair. Anna Weyants work at the Upstairs Art Fair in 2019 presented by 56 Henry. 'I'm just trying to protect her from the big bad wolves,' Gagosian told the Journal, insisting that when it comes to discussions about Weyant's career, he treats her the same as any other artist with his gallery. As one collector put it, there are two people in the art world who require only a first name: Larry and Andy (as in Warhol). 'She's a 27-year-old woman, and I think it's really wild that men, mostly middle-aged men, are spreading all these rumors about her. Katya Kazakina, Working in concert with collectors including Douglas S. Cramer, Eli Broad, and Keith Barish, he developed a reputation for staging museum-quality exhibitions of contemporary art. The 77-year-old dealer started from humble beginnings, once renting out someone's walk-in closet in Venice Beach for $20 a month and parking cars to pay his way. ), Van de Weghe wouldnt reveal whether he purchased the latest work for himself, for stock, or for a client (those lines get blurry in this business anyway). Charlie Finch, a cantankerous columnist whose gossipy writings were widely read in the New York scene, has died at 68. but never an artist (to our knowledge). $('body').append(ouibounceScript); var script = document.createElement('script'); The additional outside board members all of them collectors include the screenwriter and director Sofia Coppola and Dasha Zhukova Niarchos, an entrepreneur and investor. Steve, who had a great relationship with Larry, said Larry, if you can find a buyer for this over the next week, Ill sell it. Thats Larry., Without Heirs, Larry Gagosian Finally Plans for Succession, https://www.nytimes.com/2022/11/16/arts/design/larry-gagosian-gallery-art-succession.html, Larry Gagosian at his home in Manhattan with his Andy Warhol Self-Portrait, 1986. }) } I bought my first Francis Bacon from him, Hill continued, adding that he also bought his first Picasso, a painting of Picassos lover Marie-Thrse, from Gagosian. function appendNewsletterSignup() { There is no conversation going on and I have no plans to sell the company, he said. His mother, Ann Louise, had a career in acting and singing, and his father, Ara, was an accountant and later a stockbroker. None of his executives have emerged as a clear successor, although the veteran art dealer Andrew Fabricant, 67, whom Gagosian hired in 2018, now plays a leading role. Certainly, given the results of the last week, works by Anna Weyant are clearly of interest at auction, there is clearly a depth of demand, Elliott said. Larry and Anna, if youre reading this, maybe itd be a good idea to bump into each other at a testing facility. Though Weyant declined to described her falling out with Blum in detail, she told the Journal that she was unhappy with how things ended, and that the consignment of 'Falling Woman' was the final straw in her decision to switch to Gagosian. He paid a. I first encountered her work at the, beach towel for $450 a pop. I first encountered her work at the Upstairs Art Fair in the Hamptons in 2019, where 56 Henrys Ellie Rines was selling her paintings laid out on an Al Freeman Jr. beach towel for $450 a pop. By continuing to use our sites and applications, you agree to our use of cookies. } 27-Year-Old Painter Anna Weyant Joins Gagosian - ARTnews.com On Thursday evening, a flurry of glamorous spectators clutching programs and flutes of champagne settled into their seats on the seventh floor of Sothebys, waiting for the show to begin. '