Sotheby’s Institute of Art | New Opportunities for Latin American Art at Auction

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Sotheby’s has unexpectedly become the most promising possibility for Latin American art in the auction rooms. In a long-awaited decision, the auction house announced it will integrate Latin American art into its contemporary auction sales in New York – starting this Autumn.

Offering lots of Latin American artists in the mainstream auction sales is not unprecedented, though. Most recently, at the May Contemporary Art Evening sales, Mira Schendel’s Untitled from the series Droguinhas (Little Nothings) (1966), and Sergio Camargo’s Untitled (Relief No. 19/46) were sold for $1.5 million. And, these are just two examples of many others that have sold in previous seasons.

larger_bannerWifredo Lam, Les oiseaux voiles, 1945

This announcement sets a new strategy for the auction house – one of many taken by the company over the past two years, under the leadership of Tad Smith. It is a shift from an established practice dating back to the foundation of their Latin American Art Department in 1979. However, it does not represent a complete break. The Latin American team will continue to source the lots that will be on offer at the Contemporary auction sales; and we could also assume that lots benefitting from this “upgrade” will be those from blue-chip artists in the race for the million-and-above price tags.

Read more about the Sotheby’s Auction House and Latin American Art

About Sotheby’s Institute of Art

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Sotheby’s Institute of Art is The Graduate School of Art and its Markets. Evolving from a small connoisseurship program started by Sotheby’s Auction House in 1969, Sotheby’s Institute is now the foremost leader in art business education and object-based learning. Its global faculty represent the best of almost every facet of the art world, helping students decipher and master the unique forces at play at the intersection of art and commerce.

With campuses in the cultural capitals of London, New York and Los Angeles, Sotheby’s Institute offers graduate level programs that have become more relevant than ever in an art world that is constantly seeking individuals with art historical scholarship and business acumen. Besides Master’s degrees, Sotheby’s Institute offers programs of study such as summer classes, 15-week semester courses, online learning and executive education. Sotheby’s Institute of Art’s programs provide the knowledge and credentials needed to achieve success in today’s worldwide art markets and cultural institutions.

Discover more from the Sotheby’s Institute of Art

Sotheby’s | Ru Ware – Rare as the Stars at Dawn


Ru ware, from the imperial court of the Song dynasty, has achieved almost mythical status over the last 1,000 years. Experience its understated beauty and learn about its exceptional rarity in our short film. Song – Important Chinese Ceramics from the Le Cong Tang Collection takes place in Hong Kong on 3 October.

Discover more about Sotheby’s on the Extraordinary Living blog

Enlightening Studies

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American Astronomer Maria Mitchell once said, “The greatest object in educating is to give a right habit of study.” With the end of August comes the start to yet another year of learning as schools around the world prepare for and start new sessions. Take the study from the classroom to the comfort of your home in these enlightened studies from around the world.

Texas$4,850,000 USD | Houston, Texas | Martha Turner Sotheby’s International Realty – Briar Hollow Brokerage

This home is warm and inviting with artisan-quality craftsmanship. Features include pecan and hickory wide-plank flooring, multi-panel mahogany doors, and detailed crown moldings throughout. The home also features a sparkling Waterford crystal chandelier in the foyer, multiple living areas, a study with mahogany walls and a coffered ceiling, two wet bars, an elevator with mahogany clad walls, a large cedar closet, a library, and sumptuous master suite with two master bedrooms, two bathrooms and an exercise room.

AustraliaPrice Upon Request | Sydney, Australia | Sydney Sotheby’s International Realty

In the heart of what is generally considered to be Woollahra’s finest community complex, this exceptional dual level penthouse apartment is a haven of unquestionable distinction. Dominated by panoramic views, the spacious interiors are flooded with the light of a northern aspect. Opening to embrace vistas that stretch down the valley to Double Bay and across the harbor to Bradleys Head and Little Manly in the distance, views also extend to the city skyline and the majestic arch of the Harbor Bridge.

Take a break from studying and relax in these homes with captivating bedrooms

Colorado$4,850,000 USD | Cherry Hills Village, Colorado | LIV Sotheby’s International Realty

Find privacy and serenity within Cherry Hills Village’s most exclusive enclave; this incredible property features 24-Hour guard-gated entrance, wide-open floor plan, executive office with complete privacy, expansive great room with vaulted ceilings, and backyard patios running the width of the home. All of the home’s rooms are large and spacious with an indelible sense of elegance.

Canada2 988 000 $ CAD | Toronto, Ontario | Sotheby’s International Realty Canada

This home was designed to take in the view of magnificent treetops from each triple-glaze window. When you enter this traditional home, wood wainscoting frames the foyer; double designer-etched glass paneled doors add style and privacy separating the library/office from the kitchen on opposite sides. A limestone wood-burning fireplace in the library can be seen from the kitchen, casting light on rich wood paneled walls, bookcases, flooring and matching wood shutters. Whether looking out on the beautiful green streetscape from the office or relaxing by the fireplace, this very special home has a resort-like feeling to it.

New York$4,100,000 USD | Rye, New York | Julia B. Fee Sotheby’s International Realty

Sited on over one-half-acre within walking distance to Harrison railroad, Rye Golf, and award-winning Osborn Elementary, this six-bedroom, seven-bath home features a fresh transitional interior design maximizing light, space, and flow. Offering nearly 10-foot ceilings on the first floor and nine-foot ceilings on second floor, signature amenities include, bespoke cabinetry, exceptional mill work, two powder rooms, large mud room with built-ins, three fireplaces, and a fully-outfitted chef’s kitchen.

Experience luxury on sothebysrealty.com

Architectural Spotlight | Classic Cape Cod Homes

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Originating in New England in the seventeenth century by English colonists, the single-story, symmetric, and storm-resistant Cape Cod architectural style remains popular today. Though no longer constricted to the compact size of their predecessors, many of the key features that have helped define this timeless style can be found in more contemporary takes on Cape Cod homes. Discovery the inviting, coastal splendor in these quintessential Cape Cod retreats.

Massachusetts$2,795,000 USD | Falmouth, Massachusetts | Sotheby’s International Realty – Falmouth Brokerage

This beautiful Cape enjoys spectacular ocean views from almost every room. Offering incredible curb appeal on a professionally landscaped lot, the home spans 5,000 square-feet of living space with five bedrooms, four-full baths, two fireplaces, gourmet kitchen, irrigation, security system, Juliet Balcony, generator, central air-conditioning, and sun room with wet bar overlooking Vineyard Sound.

Canada10 250 000 $ CAD | Ontario, Canada | Sotheby’s International Realty Canada

Situated in a signature lakeside enclave in sought after Southeast Oakville, this extraordinary and inviting home occupies over 11,000 square-feet of living space and features seven bedrooms and 10 bathrooms. The home sits on the original home site of the Bel Air Estate on approximately three-quarters of an acre, evoking the feeling of a country estate with its twin-gated entrances and forest-like setting. The teams at Gren Weis Architect, Lakehurst Construction, Rodney Deeprose Design and Aldershot Landscaping worked diligently to ensure all work was done to meet the highest construction standards; this is quite apparent the moment you cross the threshold.

Experience Cape Cod style homes on sothebysrealty.com

Michigan$6,399,000 USD | Harbor Springs, Michigan | Harbor Sotheby’s International Realty

A gorgeous two-lot Lake Michigan retreat designed to last a lifetime by Marshall Watson interiors, this exceptional 6,000-square-foot residence is situated strategically and was completely remodeled in 2015. Perfect panoramic views of the lush landscape and water are enjoyed from beautiful floor-to-ceiling windows throughout.

California$5,200,000 USD | Pismo Beach, California | Wilson & Co. Sotheby’s International Realty

The Cape travels to the West Coast with this lavish oceanfront estate overlooking San Luis Bay in the exclusive gated community of The Bluffs in Shell Beach, California. Indulge yourself in unobstructed panoramic oceanfront views and breathtaking sunsets from almost every room of this stunning home. Intricately designed in the Cape Cod style, this exquisite three-story estate with elevator boasts four bedrooms, five bathrooms and an expansive oceanfront view deck accessed from all the living areas of the main floor.

From Tudors to Georgians, discover past installments of Architectural Spotlight

When Art Meets Home | Dutch Mountain

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Some architects create buildings that could be displayed in a museum, but to sell a whole house as a work of art at a famous gallery is exceptional. GRIMM Gallery (Amsterdam & New York) and the world-renowned Sotheby’s International Realty brand are joining forces to place this unique, sustainable house on an international pedestal.

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Just a stone’s throw away from Amsterdam, on the edge of Huizen and in the Gooi Nature Reserve, lies one of the most unique houses in the country. Hidden in the woods, nature is embracing the building.

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The hill containing the partly-subterranean house belonging to Sanne Oomen, Lucas Mol and their children is known locally as Mol’s Hoop – a play on words that references both the Dutch term for molehill and the hope for a greener future. In the international press, the house is called Dutch Mountain. Last year, France’s global channel TV5 showed a documentary about the house and earlier this year, a crew from BBC TWO visited the house to record an episode of “The World’s Most Extraordinary Homes.”

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Experience previous one-of-kind home spotlights on the Extraordinary Living blog

Eight years down the road from the initial plans, the owners and creators think the time is ripe for a new project. This self-sufficient house is still ahead of its time. The creative couple, an architect and an art historian, wants to go even further.

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With their creative and humorous take on building and building materials, they manage to use things that no one else would to create a state-of-the-art, but still timeless, interior. This, combined with the owners’ collection of acquired or created art and design, often made from recycled materials, means the house fully embodies the term ‘Gesamtkunstwerk’.

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The 30-year-old Daimler Double Six, which the owners drove around in for years, had to “die” to further their green dream, and has since been immortalized as a kitchen cupboard by nailing it to the wall. The luxury car hangs on the wall like a painting and is a gift to the new owners. The other custom-made furniture would also rather stay where it is, as would the bantam hens, family of foxes in the woods, the owls in the garden, the pair of buzzards, the woodpeckers, hawfinches, goldfinches, seven squirrels, two moles, and eleven bee colonies.

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Explore more of Dutch Mountain on sothebysrealty.com

16730682_1365493806840255_3849307669783820903_nThis piece was presented by Netherlands Sotheby’s International Realty

Art & Home | Through the Looking Glass

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From the Summer 2017 edition of Art & Home, Iyna Bort Caruso takes us through the looking glass and into a world of homes that feature captivating glass structures.

For the last 16 years, Thomas Roszak has lived with his family in a glass home of his own design, and he’s already thinking of his next one. “I don’t see any other way to live.”

NewZealandPrice Upon Request | Auckland, New Zealand | New Zealand Sotheby’s International Realty

Roszak, a Chicago, Illinois-based architect, built his see-through home in the suburbs on an acre of land screened by 60 to 80-foot maples, oaks and honeylocusts to block the sun–and block prying eyes. It was his dream house, combining his ideas about how space flows from one room to the next and the changing play of light. At times the home is transparent, other times it is reflective, mirroring the environment and creating a habitat where the outside and inside become one.

Glass walls frame scenery like a mural. The more dramatic the backdrop, the greater the role glass plays as a design element. Mike Shapiro, chairman of HÔM Sotheby’s International Realty in Newport Beach, California, says, “Homeowners here spend millions for the view, so the more glass the happier they are.”

NewYork$19,995,000 USD | Bridgehampton, New York | Sotheby’s International Realty – Bridgehampton Brokerage

Glass brings homeowners into nature with an aesthetic that fits in perfectly with the simplicity of modern design. Light, airiness and a sense of abundance are at the very essence of contemporary architecture.

Glass buildings are modern, but they’re not new. Today’s generation pay homage to icons like the Glass House by Philip Johnson built in 1949 in Canaan, Connecticut, and the Farnsworth House in Plano, Illinois, completed in 1951 by Mies van der Rohe. Both are now operated by the National Trust for Historic Preservation and look as fresh and relevant as the day they were built.

California$24,000,000 USD | Carpinteria, California | Sotheby’s International Realty – Montecito – Upper Village Road Brokerage

The difference is that today’s glass structures are no longer plagued by the problems of earlier models such as condensation, leakage and energy waste. They don’t suffer heat loss in winter or heat gain in summer. Glass homes are now high performance structures. Thanks to advancements, glass is also being incorporated into residences in inventive new ways. Shapiro has seen a surge in glass used in interior bridges, flooring surfaces and negative edge pool walls. “The technology is extraordinary,” he says.

Arizona$4,495,000 USD | Scottsdale, Arizona | Russ Lyon Sotheby’s International Realty 

Glass homes as architectural curiosities are a thing of the past. “When we first moved in nobody on our street liked the house,” recalls Roszak. “Now 15 years later, everybody loves it. They talk about how they live on the road that has the glass house, so now they kind of made it their own.”  Roszak says it’s about education. “People don’t understand modern houses until they see them on the timeline of architectural history. As technology advances, aesthetics advance.  Art and architecture should always look forward.”

From Castles to Music Studios, Discover More From Previous Editions of Art & Home

The Allure of the Ruby: From Precious Gemstone to Glittering Luxury Real Estate

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A beloved precious gemstone, the ruby is a fiery and captivating talisman often associated with passion, protection and prosperity. Though its enjoyed some popularity for hundreds of years, the latest global jewelry trends indicate the exquisite crystal is emerging as a staple of any connoisseur’s collection, as Carol Elkins, senior vice president of Sotheby’s Jewellery reports that colored gemstones have seen significant upward trends in the last decade. In a celebration of the ruby, discover homes that embody the spirit and color of the precious gemstone.

WashingtonBainbridge Island, Washington  |  $1,395,000 USD  |  Realogics Sotheby’s International Realty

Sweeping views and dramatic contemporary style create a stunning effect in this one-of-a-kind design by Cihan Anisoglu, AIA. The home astounds as its ruby colored exterior shines from a distance, complemented by soaring windows and light-filled spaces that overlook the harbor, ferries and out across Puget Sound.

ArizonaTucson, Arizona  |  $829,000 USD  |  Russ Lyon Sotheby’s International Realty

The most historic home in downtown Tucson, Rubi Mansion is a true gem situated in the heart of a vibrant Commercial and Infill District. Stepping up onto the front porch is a glittering experience, as a bright red exterior meets hand painted concrete tiles displaying the original City of Tucson Seal, and give way to a ruby inspired entryway.

WisconsinGreen Bay, Wisconsin  |  $1,395,000 USD  |  Jameson Sotheby’s International Realty

Sometimes the allure of the ruby is found in the natural environment, as this custom-built home showcases views of the bay and a gorgeous jewel toned sky from nearly every room. Located on the Niagra Escarpment, the luxurious Wisconsin skyline meets over 7,000 square feet of modern and unique open living spaces.

CaliforniaSan Clemente, California  |  $63,500,000 USD  |  Sotheby’s International Realty – Montecito – Coast Village Road Brokerage

Punctuated by bright red exotic flowers and budding roses from the private gardens down to the oceanfront, the flora and fauna of La Casa Pacifica evokes the fiery spirit of the ruby. The bright red floral hues catch one’s eye and complement the manor’s Spanish design, which features white stucco walls and hand painted tiles.

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Discover rubies and other precious gemstones in the Sotheby’s Jewels Auction, July 20th to August 3rd, which showcases jewels from Marjorie S. Fisher’s collection. The lot offers a range of selections, including a stunning pair of ruby and diamond brooches set with a cluster of round rubies, over a scrolling motif set with round and baguette diamonds.

realogicsWe would like to thank Amanda Lybeck, communications editor, at Realogics Sotheby’s International Realty for supplying this feature.

Sotheby’s Institute of Art | Taxidermy to Tennis Balls: Rauschenberg and the Art of Recycling

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From the esteemed faculty of the Sotheby’s Institute of Art in London, Pierre Saurisse introduces us to New York’s Abstract Expressionist, Robert Rauschenberg.

To imagine Rauschenberg finding inspiration in the streets of New York, where he moved in 1949, is to evoke the figure of a scavenger. Shops, flea markets, but also the city streets were a gold mine for this tireless object hunter. Striding along the streets, he brought back to his studio a vast array of artifacts which would be integrated into his Combine paintings. These objects include newspapers, a crank, gears, a mirror, photographs, stamps, wax, fabric, a mirror, a quilt, a pillow, socks, shoes, maps, plastic, a light bulb and a tennis ball. The list, of course, is far from complete.

A very different kind of object is the taxidermy Angora goat Rauschenberg bought in a second-hand shop in 1955, still early on his career. In the artist’s studio in Pear Street, there was no doubt that the long-haired ruminant stood out among the bric-a-brac dragged in from the streets. Soon it found its way onto a shelf attached to the upper part of a Combine painting. Majestic and somewhat intimidating with its long curving horns, it was the largest object Rauschenberg had ever incorporated in a single piece.

But this was not the final destination of the goat. As the original work was dismantled, the animal found itself not only encircled by a tire but attached to another panel, this time near the floor (while the first panel was reworked into another combine, Rhyme, in 1956). However, this pairing was also short-lived, as two years later the new panel and the goat were separated by the artist. The former was incorporated into yet another Combine painting, Summerstorm (1959), while the latter, still caught in a tire, landed on a square canvas placed horizontally. It is only then, in 1959, that Monogram took its definite form.

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The convoluted fate of the goat in Rauschenberg’s studio is less a symptom of the artist’s indecisiveness than a sign of his extraordinary ability to recycle his own works. It epitomises his unique propensity to rework his Combines and reuse parts of them in other works as he saw fit. Recycling was at the very heart of his artistic strategy during the years he spent in New York.

By the end of the 1950s, other young artists were incorporating everyday materials into their works, both in the United States and in Europe. In reference to an avant-garde movement not uncommonly associated with nonsense and madness, the label ‘Neo-Dada’ was, rather inadequately, sometimes used to refer to this trend, and it was not meant to be flattering. When in 1961 the Museum of Modern Art in New York mounted an exhibition on The Art of Assemblage, in which two works by Rauschenberg were shown, anger and outrage were still voiced at such a prestigious temple of art opening its door to, literally, junk.

About Sotheby’s Institute of Art

3rd

Sotheby’s Institute of Art is The Graduate School of Art and its Markets. Evolving from a small connoisseurship program started by Sotheby’s Auction House in 1969, Sotheby’s Institute is now the foremost leader in art business education and object-based learning. Its global faculty represent the best of almost every facet of the art world, helping students decipher and master the unique forces at play at the intersection of art and commerce.

With campuses in the cultural capitals of London, New York and Los Angeles, Sotheby’s Institute offers graduate level programs that have become more relevant than ever in an art world that is constantly seeking individuals with art historical scholarship and business acumen. Besides Master’s degrees, Sotheby’s Institute offers programs of study such as summer classes, 15-week semester courses, online learning and executive education. Sotheby’s Institute of Art’s programs provide the knowledge and credentials needed to achieve success in today’s worldwide art markets and cultural institutions.

Discover more from the Sotheby’s Institute of Art

Sotheby’s | The Amazing Story of Four Ancient Roman Statues

Find out how four ancient Roman statues found themselves overseeing decadent rock ‘n’ roll parties in Jamaica. Bought in 1968 by international jewellery dealers Doug and Diene Cooper to adorn their opulent villa in Montego Bay, the larger-than-life statues surrounded the swimming pool – scene of exclusive parties attended by illustrious high-society revellers. These splendid statues are highlights of Sotheby’s Ancient Marbles: Classical Sculpture and Works of Art sale on June 12 in London.

Art & Home | Royal Welcome

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From April’s volume of Art & HomeIyna Bort Caruso takes us into the royal world of castles.

In the world of luxury real estate, perhaps no single category of residence rises to the level of fantasy than the castle.

Germany, England, Spain and most notably France are among the countries with high concentrations of historic manors, where bedrooms number in the dozens, square footage is measured in the tens of thousands and amenities include moats, lookout towers and turrets.

Scotland£6,000,000 GBP | Edinburgh, Scotland | United Kingdom Sotheby’s International Realty

The United States has its share of palatial counterparts, too, even if they don’t have 900-year-old masonry, says Elizabeth Corbin Murphy of Chambers, Murphy & Burge Historical Architecture in Akron, Ohio. “The estates of Newport, Rhode Island, are wonderful examples, but you can have a castle in any city depending on its culture and context. A structure of character that is reflective of the society that builds it and the craftspeople who contribute to it–that’s a castle.” Her firm’s landmark restoration projects have included the Edsel and Eleanor Ford House, now a museum in Grosse Point Shores, Michigan, and Thomas Jefferson’s privy at Monticello in Virginia.

Turns out it can be surprisingly attainable to be king–or queen–of one’s castle. While fully restored palaces close to major centers like Paris, Geneva or London can exceed $30 million, others are on a par with two-bedroom apartments in those same cities, says Alexander V. G. Kraft, chairman of Sotheby’s International Realty France and author of “Living in Luxury” (Thames & Hudson, NY). “Prices can start at or even below $700,000 for smaller castles in rural locations in need of some updating.”

Rhode Island$17,500,000 USD | Newport, Rhode Island | Gustave White Sotheby’s International Realty

In areas with low labor costs, a ready pool of artisans and local tax incentives, ownership is even more attractive. Still, a castle is less an investment to round out a portfolio than a passion project.

“From a practical standpoint, a castle’s solid stone construction and centuries of modifications can make such ordinary tasks as re-plumbing or re-wiring extremely challenging,” Kraft says. Owning a castle takes “deep pockets and patience,” he adds.  And it also takes someone who approaches restoration with respect and balance.

FrancePrice Upon Request | Uzes, France | Uzes Sotheby’s International Realty

“There’s nothing wrong with making a castle your home,” says Murphy. “Everyone has to feel like it’s their own and not the ghosts who went before. But being able to soak up the legacy of the families who invested in the property and the craftsmen who built it is the reward and responsibility of ownership.”

Germany6.400.000 € EUR | North Rhine-Westphalia, Germany | Cologne Sotheby’s International Realty

Kraft agrees–he knows the rewards first-hand. He owns a restored 19th century hunting château in Provence. “One gets to live in an unusual, beautiful environment and become the guardian of a piece of history,” he says. “How many people can say that, even amongst the world’s elite?”

See homes from around the world in previous editions of Art & Home