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thomas kaplan rembrandt lion drawing sothebys sale 1234772561

Rembrandt van Rijn's drawing *Young Lion Resting* (ca. 1638–42) sold for a record $17.9 million at Sotheby's New York on Wednesday, the highest price ever paid for a drawing by the Dutch master. The work, which toured Paris, Abu Dhabi, Tokyo, and New York before the sale, was offered from the Leiden Collection, the renowned private trove of 17th-century Dutch Golden Age art assembled by Thomas Kaplan and his wife Daphne. All proceeds from the sale will benefit Panthera, the wild cat conservation charity co-founded by Kaplan and Jon Ayers.

pharrell williams joopiter marketplace 2644229

Pharrell Williams has launched a new buy-it-now extension called Joopiter Marketplace, an offshoot of his existing auction platform Joopiter. The marketplace offers collectibles from Williams's personal archive—including Vivienne Westwood hats, KAWS sneakers, Gucci and Levi's jackets, and items from his fashion labels ICECREAM and Billionaire Boys Club—alongside pieces from other cultural figures. Additional sellers include artist Tom Sachs, gallerist Easy Otabor, jewelry designer Lorraine Schwartz, and music executive Steven Victor, with proceeds from some sales benefiting nonprofits like the Anderson Ranch Arts Center, Rebuild Foundation, and the Virgil Abloh Foundation.

lawrence watson oasis paul weller photographer print sale 2633724

Lawrence Watson, a British music photographer who has captured icons like David Bowie, Morrissey, Oasis, and Run-D.M.C. over four decades, is releasing exclusive signed prints through the platform Print Matters. The collection includes previously unseen images of David Bowie, Pulp, the Clash, and Oasis, with prices starting at £575 ($762). Twenty percent of net sales will benefit the mental health charity Rethink Mental Illness. Watson's career began in 1988 when Paul Weller chose his black-and-white photos for the Style Council's album 'Confessions of a Pop Group,' leading to a long collaboration.

david shrigley selling old rope 2713134

British artist David Shrigley has created "Exhibition of Old Rope," a work consisting of 10 tons of salvaged rope arranged on the floor of Stephen Friedman Gallery in London, priced at £1 million ($1.3 million). Shrigley and assistants spent months collecting discarded rope from beaches, cruise ships, climbing schools, tree surgeons, and wind farms, then cleaned and assembled it into a large pile. The work plays on the English idiom "money for old rope," which originally referred to the resale value of used ship rope in early 19th-century Britain.

Sotheby’s Unveils Plans for Breuer Building, Announces Opening Date

Sotheby's will open its new global headquarters in the Marcel Breuer–designed building at 945 Madison Avenue on November 8, 2025, after a renovation by Herzog & de Meuron with local partner PBDW Architects. The Brutalist landmark, originally completed in 1966 for the Whitney Museum of American Art, later housed the Met Breuer and the Frick Collection during its renovation. The project restores Breuer's original open gallery floors, adds state-of-the-art lighting and climate control, and preserves period details like the lobby's domed ceiling lights. The opening will feature a free public exhibition of Modern and Contemporary art ahead of marquee auctions starting November 17, with design sales and Luxury Week following on December 5, and a fine-dining restaurant by Roman and Williams opening later in the winter.

Sotheby’s offers peek at Breuer building’s makeover

Sotheby's has released renderings of its upcoming renovation of Marcel Breuer's former Whitney Museum building at 945 Madison Avenue, which it purchased for $100 million in June 2023. The auction house plans to open in the autumn, in time for its November sales. Renovations, led by Swiss architecture firm Herzog & de Meuron, include a new service elevator, upgraded lighting and climate systems, and restored gallery floorplans, while preserving the building's landmark-protected exterior and many interior spaces. Charles Simonds's site-specific installation Dwellings (1981) will remain on long-term loan from the Whitney.

4 takeaways art business conference hong kong 2717346

Hong Kong's inaugural Art Business Conference brought together government officials, legal experts, and financiers to examine the city's strategic advantages as an art trading hub. Key takeaways included the need to maintain cultural exchange as a national strategy under China's 14th Five-Year Plan, with the West Kowloon Cultural District receiving over $6.5 billion in government funding. The Art Basel and UBS Survey of Global Collecting 2025, authored by Clare McAndrew, revealed that ultra-wealthy collectors are now allocating up to 20 percent of their wealth to art, up from 15 percent in 2024, as an estimated $83 trillion in intergenerational wealth transforms art trading into a sophisticated professional network.

The New Sotheby's Flagship Sets An Opening Date

Sotheby's has announced that its new flagship auction house and gallery space, located in the iconic Breuer Building on Madison Avenue, will open on November 8. The building, designed by Marcel Breuer in 1966, originally housed the Whitney Museum of American Art and later served as temporary home for The Frick Collection and the Metropolitan Museum of Art. The opening exhibition will feature works for Sotheby's marquee modern and contemporary art auctions, followed by pieces for Luxury Week in December. The building also includes a new restaurant from the team behind La Mercerie, and the galleries will be free and open to the public.