The beloved collection of I.M. and Eileen Pei heads to auction, estimated to bring in $25 million

I.M. Pei is easily one of the most important architects of the past 50 years, if not the last century. At 102, he passed away earlier this year in May just after his iconic glass pyramid at the Louvre turned 30. Pei was preceded in death by his wife of 72 years, Eileen, who passed […]

Germany returns two paintings to heirs of Jewish art collector and businessman

In the latest in restitution news, Germany has returned another two paintings taken during World War II. This time, the works have gone back to the heirs of a well-known Jewish art collector and the former owner of the paintings. The pair of medieval panel paintings were once part of Harry Fuld Senior’s extensive collection […]

Sibling rivalry is taken to the next level as brother sues brother over the sale of a Warhol ‘Moonlanding’ prints

Anyone with siblings knows the knock-down-drag-out fights that you ended up in as kids, but this is a case in which a dispute between siblings is headed to court. On August 28th, Keith Donaldson officially filed a lawsuit against his brother, Robert, concerning the sale of a pair of screenprints by Andy Warhol entitled Moonwalk. […]

‘ArcelorMittal Orbit’ slides into £13 million of debt

In 2016, what is lauded as the world’s longest tunnel slide, was opened in London. The slide snaked around ArcelorMittal Orbit, a sculpture designed by artists Anish Kapoor for the 2012 Olympics. However, it was recently announced that the slide is less popular than it once was and the sculpture has slid into debt – […]

Nan Goldin denounces the Sackler settlement giving plaintiffs $10 billion

Nan Goldin is many things, but slowing down is not one of them. Days after she was arrested outside the Governor of New York’s office protesting his inaction towards making safe injection sites available in New York City, the artist denounced the proposed settlement put forward by the Sackler family that would bring more than […]

Vendors to remain capped in New York City parks

When you picture walking through some of New York City’s most loved parks, some of the romance and character comes from the street artists, the book vendors, and the art sellers that occasionally line the sidewalks. However, a recent ruling upheld that having a limit on the number of vendors in four of the city’s […]

Porsche’s Type 64 Nazi car failed to sell due to an auction error

It was intended to be the star lot in a classic care sale for RM Sotheby’s in Monterey Beach, California. Hailed as the “first” Porsche, the Type 64 car from 1939 was the only surviving one of three that were ever build. RM Sotheby’s had estimated that it would fetch upwards of $22 million, but […]