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art mary boone prison art dealer interview

Mary Boone, the renowned gallerist who closed her eponymous gallery in 2019 after being sentenced to prison for tax evasion, has returned to the New York art scene. She is collaborating on the exhibition "Uptown/Downtown" at Lévy Gorvy Dayan, on view through December 13. The show features works by Jean-Michel Basquiat, Andy Warhol, Richard Prince, and Cindy Sherman, among others, and explores the 1980s New York art world. In an interview, Boone discusses her comeback, the optimism of the 1980s that allowed her to succeed as a woman without family connections, and the current re-examination of that era.

prominent art advisory implodes after 37 years as ex partners fire off lawsuits

Art advisors Barbara Guggenheim and Abigail Asher, who ran the blue-chip advisory Guggenheim Asher Associates for 37 years, are now locked in a bitter legal dispute. Lawsuits filed in New York Supreme Court allege fraud, tax evasion, misappropriation of funds, abuse, and exploitation. Guggenheim claims Asher misappropriated over $20.5 million in revenue, while Asher counters with accusations of unethical behavior, including using sex and kickbacks to secure artworks and lying to collectors. The firm’s clients included celebrities like Steven Spielberg and Tom Cruise and corporations such as Sony and Coca-Cola.

more italians take avantage of art for taxes scheme

The Italian government has successfully revived a program allowing citizens to use cultural treasures, fine art, antique books, and villas to satisfy tax bills. Culture and Tourism Minister Dario Franceschini named a panel to tally the value of works offered for income and inheritance taxes, aiming to reinvigorate a scheme established in 1982 that previously attracted little interest. The program mirrors similar initiatives in other EU countries, notably Britain, where a comparable plan drew works worth $80.4 million in 2012–13.

A Contemporary Art Haven Just a PATH Ride Away

Luis Emilio Romero, a Jersey City native, moved from Bushwick to the Monira Foundation's residency at Mana Contemporary in Jersey City, where he now paints intricate, textile-influenced patterns in a calm basement studio. Mana Contemporary, a 2 million-square-foot former tobacco warehouse converted in 2011 by Moishe Mana, Eugene Lemay, and Yigal Ozeri, hosted its Spring Open Studios on May 17, with over one-third of its 300 artists participating—the largest turnout in years. The event featured installations by TLaloC, sculptures by John Chamberlain, and an exhibition of artist books, "Open Book(s): Observations," presented by Pierogi Gallery, Mana, and the Monira Foundation. Pierogi co-owners Joe Amrhein and Susan Swenson also brought their Flat Files containing nearly 4,000 works to Mana for six months to a year.

art dealer mary boone says prison was very relaxing

Mary Boone, the influential New York art dealer, has reemerged in the art world five years after her release from prison. She collaborated with Lévy Gorvy Dayan on the exhibition “Downtown/Uptown: New York in the Eighties,” featuring artists she championed like Jean-Michel Basquiat, Ross Bleckner, Keith Haring, and Julian Schnabel. In a recent interview with New York magazine, Boone described her time at Danbury Correctional as “very relaxing,” noting she went to the gym daily and read a book a day. She also revealed that Martha Stewart advised her to get a criminal lawyer early in her tax evasion case, though Boone initially ignored the suggestion. Boone served 13 months of a 30-month sentence after securing early release during the Covid-19 pandemic.

Failed auction of $70M bronze bust stuns Sotheby’s bidders into silence

Sotheby's high-stakes Modern evening sale on Tuesday night ended in shock when Alberto Giacometti's bronze bust "Grand tête mince (Grand tête de Diego)," estimated at $70 million, failed to sell. Bidding stalled at $64.25 million, well below the reserve, and auctioneer Oliver Barker withdrew the lot. The consignment came from the Soloviev Foundation, the nonprofit arm of the late real estate mogul Sheldon Solow, who had declined an auction guarantee. The sale ultimately brought in only $152 million, far short of the $240 million low estimate, with the Giacometti representing nearly 30% of that target.