Andy Warhol’s Hamptons Estate Sells for a Record $50 Million

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Candace Taylor reports: The former Andy Warhol estate in Montauk—a collection of white-shingled cottages overlooking the ocean—has sold for $50 million, believed to be a record for the former fishing village.

Andy Warhol bought the estate in the 1970s.

Andy Warhol bought the estate in the 1970s.Photo: Gamma-Rapho/Getty Images

The buyer of the roughly 5.7-acre oceanfront compound, called “Eothen,” was Adam Lindemann, founder of the gallery Venus Over Manhattan. The property had been listed together with a 24-acre horse farm for $85 million, but Mr. Lindemann wasn’t interested in the horse farm, and it is still available, said Paul Brennan of Douglas Elliman Real Estate, who listed the property with Sotheby’s International Realty. The seller was J.Crew CEO Millard “Mickey” Drexler, who bought the property for $27.5 million in 2007, according to public records.

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The deal closed Monday, according to Mr. Brennan, who said the property is the most expensive home ever to sell in Montauk.

A few weeks ago, Mr. Lindemann put another oceanfront Montauk home he owns on the market for $29.5 million, according to Rylan Jacka of Sotheby’s, who is listing the property with Compass. Read the rest of this entry »


Edward Hopper, Sketches and Preliminaries for Nighthawks, 1942

 


Wellesley College ‘Underwear Man’ Identified: Joe Biden

[See Realistic Statue of Man in his Underwear at Wellesley College Sparks Controversy]


Realistic Statue of Man in his Underwear at Wellesley College Sparks Controversy

Tony Matelli's Sleepwalker, is part of an art exhibit at Wellesley College's Davis Museum.

Tony Matelli’s Sleepwalker, is part of an art exhibit at Wellesley College’s Davis Museum.

Jaclyn Reiss writes:  A realistic-looking statue of a man sleepwalking in his underwear near the center of  Wellesley College has created a stir among the women on campus, especially as more than 100 students at the all-women’s college signed a petition asking administrators to remove it.

The statue, called Sleepwalker, is part of an art exhibit featuring sculptor Tony Matelli at the college’s Davis Museum. The exhibit, New Gravity, features sculptures that are often reversed, upended or atomized.

However, the statue of the sleepwalker — which is hard to miss in a high-traffic area by both pedestrians and drivers near the campus center — has caused outrage among some students in just one day after its Feb. 3 installation. Zoe Magid, a Wellesley College junior majoring in political science, started a petition on Change.org with other students asking college president H. Kim Bottomly to have the statue removed. Read the rest of this entry »


New Yorks Columbus Statue gets its own apartment

The exhibit, conceived by the Japanese artist Tatzu Nishi and backed by the Public Art Fund, is an 800-square-foot replica of a contemporary living room that is suspended 70 feet in the air supported by scaffolding.

“The project is really about transforming an object that already exists, a monument thats been here in New York City for 120 years…and giving people a chance to experience it in a completely new way to have in this case, a much more intimate experience.”

…said Nicholas Baume, director and curator of the Public Art Fund. The statue, which was crafted by Gaetano Russo in 1892, seemingly stands on a coffee table and is surrounded by several comfy chairs, sofas, a bookcase and flat screen television. Unlike a usual “no touch” policy at an art exhibit, visitors are free to lounge on the furniture for a good look at the monument…

More >> via  CNN.com