Banksy, Keep It Spotless (2007). Courtesy of Sotheby’s New York.
Banksy, Free Zehra Dogan (2018). Courtesy of the Houston Bowery Wall.
Banksy, Free Zehra Dogan (2018), detail. Courtesy of the Houston Bowery Wall.
Banksy is a British street artist and activist who, despite his international fame, has maintained an anonymous identity. Aimed as a form of cultural criticism, the artist often targets established social and political agendas with his witty illustrations produced with stencils and spray paint. “The art world is the biggest joke,” he said. “It’s a rest home of the over privileged, the pretentious, and the weak.” Although details of the artist’s life are largely unknown, it is thought that Banksy was born in Bristol, United Kingdom, c. 1974, starting his career as a graffiti artist in the city. Better Out Than In, Banksy’s month-long residency in New York during October 2013, featured a man hawking the artist’s paintings for $60 a piece outside Central Park
The street art dealer Steve Lazarides, who was among the first to sell Banksy‘s work, will open a selling show of the anonymous artist’s works at his London gallery Lazinc in July.
Lazarides told the Art Newspaper that the “museum-style” show will include 20 canvases and rare painting multiples—not street art—drawn from the holdings of 10 collectors. The dealer expects several pieces to sell for more than $2.5 million each, which would surpass Banksy’s current public sales records.
A view inside the Arcis art storage facility in Harlem, New York. Photo by Zoe Wetherall for Artsy.
These areas are called Foreign Trade Zones (FTZs) & Free ports and they’ve existed under the protection of Customs and Border Patrol since the first opened on Staten Island in 1937. Today, they’re located in airports, in seaports, and on waterfronts, but also in warehouses and urban centers. They’re a big part of the U.S. business landscape: There were 263 of these zones in 2016, employing 420,000 people across the country, with hundreds of billions of dollars worth of merchandise, from car parts to pharmaceuticals, moving into and out of them. The zones typically take advantage of what’s known as an inverted tariff. When there are federal duties on the imports of raw materials, like steel, but not on the import of a finished product, like a tractor, it makes sense to bring the steel into the duty-free zone, manufacture the vehicle there, then formally import it without incurring the taxes.
This facility, which opened in April 2018 on a working class Harlem block on West 146th Street, is called Arcis Art Storage. “Arcis” is Latin for “fortress”—a fitting name for what’s essentially a museum-quality bunker, currently insured to store up to $3 billion worth of goods. Like Luxembourg’s Le Freeport, which is armed to the teeth and admits next to no one, security is tight: Guests at Arcis must have their retinas scanned to go through the first door, then present their bare forearms for a vascular scan at a second door.
Once goods are imported into Arcis—whether they’re coming from Shanghai or the Upper East Side—they are no longer within U.S customs territory. painting bought at Christie’s and stored uptown would not get preferential treatment when it came to sales and use tax over a painting going anywhere else. Arcis got the competitive, insular art storage world wondering exactly what its executives were selling.
A client viewing room at the Arcis art storage facility in Harlem, New York. Photo by Zoe Wetherall for Artsy.
Artistic expression in Rococo, which represented a rejection of Baroque art’s formal grandeur. Drawing its name from the French word rocaille (meaning rock or pebble), which originally referred to the Renaissance penchant for decorating artificial grottos with shells and stones, Rococo began as an interior design style favored by the urban upper class. Rococo or “Late Baroque”, was an exuberantly decorative 18th century European style which was the final expression of the baroque movement that soon extended to painting. Its aesthetics combined with themes of sensual love and nature. The style quickly spread to the rest of France, and then to Germany, Austria, England, and other European countries.
Givenchy Autumn/Winter 2018
Givenchy Autumn/Winter 2018
Givenchy Autumn/Winter 2018
Givenchy Autumn/Winter 2018
Peggy and David Rockefeller became the most expensive estate in history on Tuesday night, after an evening sale of 44 works by European masters at Christie’s New York that totaled $646 million, including buyer’s fees—making it also the highest-grossing Impressionist and Modern sale ever held.
The exciting bidding for works from this once-in-a-generation collection set records not just for Monet and Matisse, but also for Eugène Delacroix, Jean-Baptiste-Camille Corot, Armand Séguin, Giorgio Morandi, and Odilon Redon. The Rockefeller sale was a rare “white glove” sale, in which every work in the auction found a buyer.