NEW YORK — A collection of artwork put together by billionaire David Rockefeller that includes pieces from Pablo Picasso, Claude Monet and Georgia O’Keeffe brought in more than $646 million on the first night of an auction. Highlights of the Tuesday sale at Christies included “Young Girl with a Flower Basket,” a 1905 painting by Pablo Picasso which fetched $115 million, the second-highest price at auction for the artist. MORE: David Rockefeller’s amazing art collection is going up for auction. Here’s a peekDavid Rockefeller’s Maine summer home sells for $19 million Paintings by Claude Monet and Henri Matisse also garnered record prices for the artists. Monet’s “Water Lilies in Bloom,” completed between 1914 and 1917, sold for a record $84.6 million and Matisse’s “Odalisque reclining with magnolias” sold for a record $80.7 million. Christie’s says the proceeds will be distributed to a number of … [Read more...] about David Rockefeller art auction fetches $646 million on just the first night
With a flurry of bids on Tuesday evening, Christie’s jumped into the record books. This week, the New York City auction house is hosting a three-day sale of iconic art pieces from the collection of the late Peggy and David Rockefeller. Thanks to the wealth amassed by the family, the pair had built up one of the most important art collections in the world. According to Christie’s, the first night of bidding resulted in $646 million in sales. The slate of pieces – which include items from 19th and 20th-century artists like Juan Gris, Paul Gauguin, Edouard Manet, Henri Matisse and Claude Monet – was a record breaker for the “most valuable collection sold at auction,” CNN reported. The piece with the highest price tag was a 1905 portrait by Pablo Picasso titled “Fillette a la corbeille fleurie.” The painting sold for $115 million — but also has kicked up controversy over the artist’s sexualized depiction of a young girl in the … [Read more...] about Picasso canvas sells for $115 million at record-breaking Christie’s auction
A Pablo Picasso portrait of a pale, slim girl clutching a basket of red flowers sold for $115 million at Christie’s in New York on Tuesday, kicking off a week of major auctions of the estate of David Rockefeller, the former chairman and chief executive of Chase Manhattan Bank. Stakes were high for Picasso’s 1905 “Young Girl with a Flower Basket” heading into the sales, in part because Mr. Rockefeller—who died last year at age 101—considered it a gem of his vast art collection. The painting had previously belonged to the writer... … [Read more...] about Rockefeller Art Smashes Records at Christie’s
Supported by Arts By TED LOOSAPRIL 17, 2018 Continue reading the main story Share This Page Continue reading the main story Rockefeller still rings true as one of the greatest names in wealth and philanthropy — most everyone has heard of the center, the foundation, the oysters.Peggy and David Rockefeller were also known for their prodigious art collecting, and Christie’s New York is staging an auction of their trove, with multiples sales spread over three days, May 8 to 10.The house will offer masterpieces by Matisse and Picasso, as well as truckloads of valuable porcelain. Highlights from the collection have been touring the globe to increase anticipation.All the proceeds from the sale — appropriately enough to be held at Christie’s headquarters at Rockefeller Center in New York — will go to 12 charities designated by the couple. Advertisement Continue reading the main story It has the potential to be the largest single-owner sale, and the … [Read more...] about Got a Few Million? Christie’s May Have a Monet for You. Or Five.
Former Gov. Chris Christie. Alyana Alfaro for Observer. It’s been almost four months since former Gov. Chris Christie left office, but the state’s taxpayers continue paying for legal bills related to the George Washington Bridge traffic jam scandal.A report by the Associated Press says the total billed to taxpayers now tops $15 million and notes that the costs could continue to climb. That’s because digital records must be preserved while Bill Baroni, the former deputy executive director at the Port Authority of New York and New Jersey, and Bridget Kelly, Christie’s former deputy chief of staff, appeal their federal convictions on charges related to the 2013 scheme to create a massive traffic jam on the bridge.The state’s Bridgegate bill includes about $700,000 on data forensics that firm Stroz Friedberg billed the state in 2017 and the more than $60,000 it has billed during the current year, according to the AP report.A spokesman for the attorney … [Read more...] about NJ Politics Digest: Christie’s Gone, But State’s Bridgegate Bill Keeps Growing