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paint drippings art industry news dec 15 2729625

This week's art industry roundup covers major auction results, gallery representation changes, museum leadership shifts, and a high-profile art theft. François-Xavier Lalanne's *Hippopotame Bar* sold for $31.4 million at Sotheby's Breuer headquarters, setting a record for both the artist and design works. A Tiffany Magnolia floor lamp also set a new auction record at Sotheby's, fetching $4.4 million. Meanwhile, a New Jersey auction house quietly sold over $100,000 of Jeffrey Epstein's belongings, including artworks, without disclosing his ownership. In the gallery world, several artists changed representation, and former Clearing director John Utterson joined Thaddaeus Ropac. Museum news includes the Smithsonian's National Museum of Asian Art repatriating three Khmer-era sculptures to Cambodia, Maria Balshaw stepping down as Tate director, MoMA PS1 offering free admission starting January 1, and the Rijksmuseum planning a new branch in Eindhoven. Additionally, eight rare Matisse prints and five works by Candido Portinari were stolen from São Paulo's Mário de Andrade Library.

tiffany magnolia lamp sothebys sale 2728111

Sotheby's sold a Tiffany Studios Magnolia floor lamp for $4.4 million at its Dreaming in Glass auction in New York, making it the most expensive leaded lamp by the decorative arts studio ever sold at auction. The lamp, manufactured around 1910, features a patinated bronze stand and a 28-inch colored glass dome depicting magnolias, and was crafted by Agnes Northrop, Tiffany's star designer, rather than Clara Driscoll. The bidding battle lasted 10 minutes, surpassing the $3 million high estimate.