Kiss the Crown! Basquiat Dethroned These 5 American Artists With His $110.5M Record

The upstart dethroned canonical figures in the history of American art. Jean-Michel Basquiat, the legendary New York graffiti artist-turned-art world phenomenon, captured the record for the top-selling American artist at auction at Sotheby’s New York Thursday night, cementing his place in a market pantheon by $110.5 million. Market valuation and

Why Are Leonardo DiCaprio's Characters Running Around Frieze?

By Loney Abrams for Artspace.com You may have already heard the rumor: that a bunch of Leonardo DiCaprio impersonators are wandering around Frieze. If you have, then you're already part of the performance piece, which lists its materials as "characters, impersonations, rumors." Orchestrated by artist Dora Budor, the performance involves three

ArtHamptons 2017 Has Been Canceled

The Georgia-based tradeshow company  Urban Expositions has canceled the tenth edition of its ArtHamptons fair, previously slated for June in Bridgehampton, NY, according to a representative of the company. Although there has been no official statement on the cancellation — the fair’s website says only, “2017 Dates Postponed” — the

The Radical Message behind Henry Darger’s Transgender Child Superheroes

Henry Darger  Again running from forest flame (left), At Jennie Turner Vivian Girls being captured - Hanging scene (right), 1910-1970  "Henry Darger" at Musée d'Art Moderne de la Ville de Paris, Paris (2015) Artsy Editorial By ALEXXA GOTTHARDT If the artist and writer Henry Darger had superpowers like the characters in his artworks,

7 Art-World Breakups That Changed Art History

BY NOELLE BODICK for ARTINFO | FEBRUARY 13, 2017 Forget love this Valentine’s Day. Crumbling relationships and emotional wreckage are often what birth artistic productivity, much more so than illusions of happily-ever-after. Here’s a look at some of the most tumultuous breakups that resulted in complete personal abasement and misery —

Oprah Sells Famed Gustav Klimt Portrait for $150 Million

Sarah Cascone, February 8, 2017 Gustav Klimt, Adele Bloch-Bauer II (1912), detail. Courtesy of the Neue Galerie. Oprah Winfrey made a pretty penny selling Gustav Klimt‘s Portrait of Adele Bloch-Bauer II (1912) for $150 million in 2016, reports Katya Kazakina for Bloomberg. The buyer is allegedly an unidentified Chinese collector, who pulled

The Problem with Art Funds

Artsy editorial by Anny Shaw. The idea of art as an investment vehicle has been gaining momentum in recent years, and with it a proliferation of art funds. The first fund dates back to 1974, when the British Rail Pension Fund invested in more than 2,500 works of art over

Here Are 11 All-Important Things to Do Before Leaving Art School

by Loney Abrams for Artspace Graduating from art school means transitioning from the comfort of campus-provided studio space, access to production facilities, and a climate of constant feedback, criticism, and support to... well, having zero of those things. Abstaining from these perks cold-turkey can feel like quite the plunge—but luckily there

The Top Auction Moments of 2016

Henri Neuendorf for Artnet News At the top end of the market 2016 was a year of consolidation and return to normality, and whilst sales volume was lower than in 2015, the high-profile evening auctions in New York and London did not pass by without excitement. Here we summarize the top

Art Basel in Miami Beach Parties You’ll Never Get Into, 2016 Edition

by Eileen Kinsella and Sarah Cascone for Artnet News We’re well aware the snark factor is high—at least a ten—but after several years of extensive coverage it has become an artnet News tradition to tell our readers which Miami parties you’d die to be on the guest list for, but are sadly…