This month will feature
an immersive installation by artist and drummer for The Strokes,
Fabrizio Moretti
By Merle Ginsberg — November 9,
2021
If you see Mike Ovitz loitering outside an L.A. new art space,
well, you can rest assured it’s going to be major. The former
CAA chairman and Disney president is renowned for his personal art
collection – he’s amassed a collection of 3500 to 4000
mostly modern pieces of art including works by Picasso and Jasper
Johns. Art News has named him to their Top Two Hundred
Investors’ list multiple times, including this year.
And the new art space is quite major, as it
turns out. Ovitz was spotted outside the opening of new (as of
October) Sotheby’s, the fine art and rare object auction
house (for fine art, jewelry, classic automobiles, and luxury
handbags) that’s been in Los Angeles for forty years.
However the new flagship is its very first public space on Camden
Drive in Beverly Hills, adjoining Gagosian Gallery and friendly
competitor Christie’s auction house. Now making Beverly Hills
itself into a serious art destination. And talk about space: the
new Sotheby’s is 4300 square feet of gallery space/rooms, the
company’s very first locale with a street front and public
window display. Art lovers and collectors can now have a
three-in-one visit in one afternoon.
Sotheby’s was originally founded in London in 1744,
altering its identity several times until an American holding
company bought it in 1983. Obviously the name comes with incredible
pedigree. Now one can stroll down Camden on the way to Mr. Chow,
peek in the windows and get previews of upcoming auctions and even
pick up a rare skin Birkin bag (dyed crocodile, worth several
hundred grand), covetable collector sneakers, fine watches and
major name fine jewelry.
Mari-Claudia Jiménez, chairman of Sotheby’s, has
said that luxury-lovers stuck at home during COVID wound up going
on waiting lists for items they wanted – and are now more
than ready to see it and buy it –no auction necessary. Of
course, some sales are reserved for Sotheby’s VIP
clients.
Head of Sotheby’s for Los Angeles is Peter Kloman,
who’s got big plans to partner with many in the cultural
community for events and art fairs and even The Oscars. He told
several in the arty crowd who showed up for the October 14 opening,
including philanthropists, trustees, DJ Mia Moretti, entertainment
attorney Alan Hergott, artist/photographer Matthew Rolston,
designer Bobby Hundreds, jewelry designer Maggi Simpkins, art
critic/auther Hunter Drohojowka-Philp and art dealer Stavros
Merjos.
The October opening also featured a preview of the renowned
Macklowe Collection of famed art (Warhols, Jasper Johns), worth
over $600 million dollars, collected by real estate developer Harry
Macklowe and his ex wife Linda, whose messy divorce proceeded the
sale. It’s apparently the highest estimate ever placed on any
collection to come to auction.
Sotheby’s handles rare and major works of art on a regular
basis. During Halloween weekend, Frida Kahlo’s self portrait
with her partner Diega Rivera “Diego y yo” was on view;
it will go on sale in November – for an expected thirty
million dollars
And opening in early December: an upcoming immersive
installation by artist and drummer for The Strokes, Fabrizio
Moretti.
Click here to see the original story by Los
Angeles Magazine.