Art News. Vasari Codex

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art industry news october 9 2019

Sotheby’s Hong Kong concluded its fall auction series with a robust $426 million total, headlined by a record-breaking $25 million sale for Yoshitomo Nara. Amidst this market momentum, Nara’s upcoming LACMA retrospective was announced to travel to Shanghai’s Yuz Museum. Meanwhile, the New York art scene is bracing for major institutional milestones, including the Metropolitan Museum of Art’s 150th-anniversary plans and the imminent public opening of MoMA’s $450 million expansion.

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jeffrey epstein frick collection

Newly released documents from the Jeffrey Epstein case reveal the financier's intense personal interest in the Frick Collection, the museum located across from his Manhattan mansion. Epstein drafted letters opposing the museum's proposed expansion, criticizing plans as "brutish" and a "travesty," and claimed to have insider knowledge about the institution and its founder, Henry Clay Frick. He was joined in his opposition by other powerful neighbors, including billionaire Howard Lutnick.