More than $676m(£503m) was paid for the Macklowe Collection, amassed over more than half a century by the real estate magnate Harry Macklowe and Linda Macklowe, an honorary trustee of New York . T he highly anticipated sale of The Macklowe Collection realized a total $676.1 million on the strength of fresh-to-market masterpieces by the most important artists of the last 80 years. However, it is unlikely to beat the more luminous Rothko that led the first . Alberto Giacometti, "Le Nez". Singapore, Singapore, 22nd November, 2021, Justin Sun, founder of TRON, won the auction of Alberto Giacometti's most influential sculpture Le Nez at the price of $78,396,000 and later donated it to the APENFT Foundation.Giacometti's "Nose" in the Macklowe Collection, can be seen representing postwar existential angst that was voiced by Jean-Paul Sartre, a friend of the artist. The trove - which includes works by Pablo Picasso , Andy Warhol and Mark Rothko - was the subject of a bitter legal dispute following the high-profile divorce of New York real . Photographers take photos near to the artwork, Andy Warhol, Self-Portrait, 1986, during a photo call for artworks from the Macklowe Collection at Sotheby's, prior to the collection being . Photo courtesy of Sotheby's. Sept. 9 (UPI) -- Sotheby's has won the right to auction off the art collection of real estate mogul Harry Macklowe and his ex-wife, Linda Macklowe, in what's expected . Portray Mag; 2 months ago ; Macklowe Art Collection Auction-Part II On May 16, Sotheby's will be having the second wave of the Macklowe/Burns collection up for sale and have released pictures of. Second Part of Macklowe Collection Could Realize $200 million. People look at Alberto Giacometti's "Le Nez", part of The Macklowe Collection, at Sotheby's on November 5, 2021 in New York City. The court-ordered sale smashed a high estimate of $619 million, and there's more to come: The . A trove of Harry and Linda Macklowe's art was sold off on Monday night for over $676 million, as part of the exes' bitter divorce. Courtesy of Sotheby's. The sale's total take of $676.1m marked the highest result ever for a single-owner sale at any auction house, according to Sotheby's, a promising tally considering it . According to Sotheby's, these are " artworks from different, but equally important, moments that . Chuck Close. Can the $200 Million Trove Ignite the Same Fireworks? In 2018, Manhattan Supreme Court Justice Laura Drager ordered that the couple split their $2 billion fortune in half. Katya Kazakina , February 18, 2022 Andy Warhol Self-Portrait (1986). Three years after a judge ordered real estate developer Harry Macklowe and his wife, Linda, to sell much of their art collection, works by Pablo Picasso, Alberto Giacometti and Andy Warhol were . As part of the Cox Collection sale, Cabanes de bois parmi les oliviers et cyprès, 1889, unofficially priced at $40 million, . Harry B. Macklowe (born 1937) is a New York City real estate developer and investor. The second part of a vast collection of contemporary art acquired over decades by the real estate mogul Harry Macklowe and his former wife, Linda, was revealed on Friday by Sotheby's. The auction house will sell 30 additional pieces from the Macklowe collection—including landmark works by Mark Rothko, Gerhard Richter, and Andy Warhol —at . Expectations, understandably, are high. Cox-David Steals Hearts from Macklowe-Goliath in $2 Billion Week. T he white-glove sale, last November, of 35 works from The Macklowe Collection was nothing less than historic, becoming, at $676.1 million, the most valuable single-owner auction ever staged: its success homage to the art of collecting in its highest form. In a market awash in cash waiting to be spent there has been a dearth of high quality supply. NY Post photo composite . It was a six feet tall instead of the Macklowe's eight feet. After they split in 2016, a judge ordered the collection sold as part of the divorce settlement. SEE FULL COVERAGE. On November 15, Sotheby's hosted the first of two stand-alone auctions of the Macklowe Collection. The first sale of the epic collection assembled by Linda and Harry Macklowe delivered more than $675 million. Continue reading . The True Story of How a High-Society Divorce Sparked the Art Auction of the Year. Explore. As The Macklowe Collection became Sotheby's most valuable sale of all time, Christie's' unexpected bidding-frenzy-sales stole the show . ARTnews. Sotheby's put a $20 million low estimate on the Macklowe Richter abstract and accepted an IB, presumably near that . According to Sotheby's, these are " artworks from different, but equally important, moments that . Sculptures by Picasso, Alberto Giacometti and Jeff Koons are also among the works on offer in the sale, the second from the Macklowe Collection.The first sale of 35 artworks in November netted . After years of bickering over how to divide an unprecedented trove of postwar masterworks, Harry and Linda Macklowe watched at Sotheby's as their hard-fought collection was sold to crypto . (AFP) Sotheby's has won the rights to auction off the highly sought-after Macklowe art collection, valued at more than $600 million. Now that the Macklowe collection is finally on the auction block, we can see that it has already filled one important role. His net worth is estimated between US$ 600 million and US$ 2 billion. He graduated from New Rochelle High School in 1955 and attended the University of Alabama, New York University and the School of Visual Arts before dropping . Although in a recent divorce filing from his wife Linda Macklowe he reportedly mentioned a net worth of US$ 23 million. . Billionaire real estate developer Harry Macklowe and his estranged wife have had to deal with one unusual element in their ongoing divorce battle: their nearly $1 billion art collection . Sotheby's has won the drawn-out competition to sell 65 works valued at more than $600m from the prestigious collection of real estate developer Harry Macklowe and his former wife Linda. . It also sold in 2012 for $16.8 million. Christie's last week sold just over $1.1bn of art as part of the twice-yearly season in New York. Bronze, conceived in 1947 . Macklowe Art Collection Auction-Part II. The pieces being auctioned in May are collectively valued at hundreds of millions of dollars. A judge eventually ordered the appointment of an art industry receiver to manage the Macklowe Collection's sale. sotheby's macklowe sale. Twitter. Next month comes Part II, offering 30 works in the same venue. The evening sale will take place on May 16 at Sotheby's New York headquarters, and is expected to bring in $200 million. New York (AFP) - The first part of an art collection owned by New York real estate developer Harry Macklowe and his ex-wife Linda Burg that was put on sale after their bitter divorce . The works belonged to New York property developer Harry Macklowe and his wife Linda, who spent 40 years assembling a collection by some of the 20th century's greatest artists, displaying many of . The mogul plastered a 42-foot photo of his new wife on his NYC skyscraper as a "proclamation of love". As Bella's family we will continue to honor her legacy by serving and helping children with cancer. 7, which sold for $82.5 million, Albert Giacometti's Le Nez, which achieved $78.4 million, Jackson Pollock's Number 17, 1951, which more than doubled . The sale of the General Motors Building on Fifth Avenue is part of a $3.95 billion deal. Credit. Sotheby's and Phillips estimate they will clinch sales of at least $550m in the coming days . The top seller was Mark Rothko's No. The trove - which includes works by Pablo Picasso , Andy Warhol and Mark Rothko - was the subject of a bitter legal dispute following the high-profile divorce of New York real . Live Like Bella® was founded in 2013 with the mission to help children with cancer maintain the same love for life that Bella had. 2 min. Sotheby's and Phillips estimate they will clinch sales of at least $550m in the coming days . This undated image courtesy of Sotheby's shows Andy Warhol's "Nine Marilyns", from 1962, part of the Macklowe Collection, with an estimated value of $40 to 60 million. Harry Macklowe Net Worth. Linda Macklowe filed for divorce in 2016 and set off the highly publicized $2 billion proceedings. LONDON: Artworks by Pablo Picasso, Mark Rothko, Andy Warhol and other modern masters are going up for auction in a sale ordered by a U.S. court as part of a billionaire couple's acrimonious divorce. "The collection is best in class, and the Macklowe name itself is an imprimatur at this . The Macklowe Collection Is Back for an Encore at Sotheby's in May. The "Macklowe Collection," as it became known, garnered $676.1 million in sales late Monday in the presence of more than 300 art lovers, according to auction house Sotheby's. The eye . 18 February 2022 / Art Categories Art Market, Art News / Art Tags dekooning, Macklowe Collection, Part 2, Rothko, Sotheby's, Warhol / / / / / Last November's Sotheby's sale of 35 works from The Macklowe Collection was nothing less than historic, realising $676.1 million, the highest value single-owner auction ever staged. Christie's last week sold just over $1.1bn of art as part of the twice-yearly season in New York. The Macklowe's art hoard is on track to become the most expensive collection ever sold at auction. Nor was that even the final haul, since Monday's sale included only 35 works in the Macklowes' trove. Veteran art dealer Michael Findlay took over the role. During divorce proceedings in 2018, a New York judge ordered real estate mogul Harry Macklowe and his wife Linda to sell 65 artworks from their $2 billion fortune and to . Macklowe was born to a Jewish family, the son of a garment executive from Westchester County, New York.He graduated from New Rochelle High School in 1955, and attended the University of Alabama, New York University, and the School of Visual Arts before dropping out, in 1960, to become a real estate broker. Early life. The $676 million that Harry and Linda Macklowe's art collection brought at auction was, according to a quote from Sotheby's in The New York Times, "the most valuable single-owner . 1:25pm Nov 17, 2021. Sotheby's scored an historic win Monday evening selling out the first part of the masterpiece-studded Macklowe Collection for US$676.1 million, a total the auction house said is a record for a . An impressive part of the collection amassed over five decades by the real estate developer Harry Macklowe and his former wife Linda, an honorary trustee of the Metropolitan Museum of Art, brought . A Mark Rothko painting has sold for US$82.5 million ($112.4 million) at auction, the second-highest price for a work by the late abstract artist, as part of a $921 million collection belonging to . Forbes 400. Jeff Koons, Aqualung, $8-12m. The Macklowe collection's undisputed level of taste has . November 18, 2021 1:23pm. Photographers take photos near to the artwork, Andy Warhol, Self-Portrait, 1986, during a photo call for artworks from the Macklowe Collection at Sotheby's, prior to the collection being offered . The second part of the Macklowe Collection auction will include some 30 post-war and contemporary artworks, many of them created by several artists already included in last November's sale, such as Mark Rothko, Andy Warhol and Gerhard Richer. NEW YORK: Sotheby's has won the rights to sell the highly sought-after Macklowe art collection, valued at more than $600 million, the auction house announced Thursday. Patrick McMullan/A. . Applying the same 43% rise in price to the Macklowe comparable would get you around $30 million, a respectable all-in price. Then, the COVID-19 pandemic hit. a judge ordered the collection sold as part of the divorce settlement . Alberto Giacometti, "Le Nez". Macklowe was born to a Jewish family, the son of a garment executive from Westchester County, New York. Text Size: A A A. The works belonged to New York property developer Harry Macklowe and his . Sotheby's to offer 30 works from the Macklowe Collection in dedicated New York auction Feb 19, 2022; Toomey & Co. Auctioneers will offer two Gertrude Abercrombie paintings Feb 18, 2022; Best Photo of 2021 . Sotheby's auction house announced Friday that it will offer 30 works from the Macklowe Collection on May 16 in New York. This undated image courtesy of Sotheby's shows Andy Warhol's "Nine Marilyns", from 1962, part of the Macklowe Collection, with an estimated value of $40 to 60 million. The first of two auctions to unload the art collection of New York real estate tycoon Harry Macklowe and his ex-wife Linda fetched $676 million Monday evening, putting the 65-piece trove . The collection, as Harry Macklowe's divorce attorney David Boies once told an appeals court, constituted 60 to 75 percent of the couple's assets. In 1959, he married Linda Burg, a doctor's daughter. Estimated at $35 million-$50 million, an untitled Rothko painting from . (The cash in their joint bank accounts totaled . The second part of a vast collection of contemporary art acquired over decades by the real estate mogul Harry Macklowe and his former wife, Linda, was revealed on Friday by Sotheby's. The . Marilynn K. Yee/The New York Times. NEW YORK: Sotheby's has won the rights to sell the highly sought-after Macklowe art collection, valued at more than $600 million, the auction house announced Thursday. The following day, the American auction house again made art news headlines with an extraordinary self-portrait by Frida Kahlo […] The second part of the Macklowe Collection auction will include some 30 post-war and contemporary artworks, many of them created by several artists already included in last November's sale, such as Mark Rothko, Andy Warhol and Gerhard Richer.
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