An Egon Schiele work found at a thrift shop, now selling for $100,000 – $200,000

An otherwise unknown drawing by Egon Schiele was found at a Habitat for Humanity thrift store in Queens, New York, more than a century after the Austrian painter’s death, and it could now sell for $100,000 to $200,000. The pencil drawing was of a reclining nude girl, said to have been drawn in 1918, the […]

Whitney Museum, Biennial Protests and Kanders’ Resignation: What Happened

After weeks of escalating protests that led to eight artists pulling out of The Whitney Biennial, Warren B. Kanders finally gave in and resigned. The vice-chairman of The Whitney Museum of American Art in New York has been a subject of controversy after it was revealed that his company, Safariland, was supplying law enforcement and […]

Collector says New York lawyer swindled him out of Constantin Brancusi sculpture, files lawsuit

Long-time art collector Stuart Pivar has filed a lawsuit against New York lawyer John McFadden for allegedly tricking Pivar into selling an artwork to him for far less than it was worth. The artwork in question is a bronze statue by sought-after Romanian sculptor Constantin Brancusi entitled Mademoiselle Pogany II, whose cast was created in 1947. […]

Independent Art Fair Brussels closes down, citing a weak local market and busy calendars

It was only three years ago when Independent exported its signature aisle-less art fair model it had established in New York to Europe, launching Independent Brussels. Now, three editions later, the fair has announced that it will be closing down its Brussels edition. Independent’s co-founder and CEO, Elizabeth Dee, blamed problems with the location as […]

Two Sotheby’s shareholders attempt to block its acquisition

Two Sotheby’s investors have filed a lawsuit in New York City in attempt to block BidFair USA’s purchase of the auction house. BidFair, the parent company owned by Patrick Drahi, announced its purchase of the auction house in June for $3.7 billion. Shareholders however, are claiming that the deal was misleading and its disclosures were […]

Neil Armstrong Memorabilia Auction brings in over $2.4m

This week marks the 50th anniversary of the Apollo 11 moon landing, and for any wealthy space fans, there are auctions making it possible to own a piece of the historic mission. Christie’s New York City and Heritage Auctions in Dallas are selling unique memorabilia from the flight that took Neil Armstrong, Buzz Aldrin and […]

Judge throws out lawsuit involving the Jame Mayor Gallery, Pace Gallery, and artist Agnes Martin

In a 16-page ruling, judge Andrea Masley threw out a lawsuit brought on by art dealer James Mayor, owner of the London-based James Mayor Gallery, against art dealer Arne Glimcher, founder of Pace Gallery, Marc Glimcher, son of Arne and president of Pace, and Tiffany Bell, editor of the catalogue raisonné of works by Agnes […]