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Wong Kar-wai Plans Sotheby’s Sale (and NFT), Restored Rialto Bridge Christened, and More: Morning Links for September 8, 2021

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The Headlines
THE NEW ART SEASON HAS BEGUN,  and there is action in the market. The  Hamptons Fine Art  ran this past weekend in Southampton, New York, and  a controversial sculpture  of towering legs by  Larry Rivers  sold for $100,000, the  New York Post  reports. Tomorrow, the  Armory Show  opens to VIPs in New York—at the  Javits Center , for the first time. Its director,  Nicole Berry , spoke with  Maximilíano Durón  in  ARTnews  about  what to expect . And the revered Hong Kong filmmaker  Wong Kar-wai  is offering  an NFT of unseen footage  from his 2000 classic,  In the Mood for Love , according to  NME . It will be included in a sale at  Sotheby’s  in Hong Kong that will feature memorabilia from his films. Discussing the event, the director offered a simile-filled statement that is worth quoting at some length: “The first day of every film production is like the first date with your dream lover—it is filled with fright and delight, like skating on thin ice. An arrow never returns to its bow; twenty years on, this arrow is still soaring.”
FROM THE LEGAL WORLD:  A federal judge in New York ruled that an ancient marble statue owned by collector  Michael Steinhardt  does  not have to be returned to Turkey , the  New York Times  reports. Turkey had argued that the work—the  Guennol Stargazer , which is believed to be more than 6,000 years old—had been illegally obtained and should be repatriated. Intriguingly, the colorful memoir of the late  Metropolitan Museum of Art  director  Thomas Hoving  figured in the proceedings. Hoving described dealer  J.J. Klejman , who sold the piece in 1961, as one of his “favorite dealer-smugglers.”  Judge Alison J. Nathan  wrote that the memoir did not delve into his “specific trading practices.” Meanwhile, the  New York Post  notes that  Stuart Pivar , a co-founder of the  New York Academy of Art , has  filed suit  against the  Van Gogh Museum  in Amsterdam because it “rejected the authenticity” of a painting he asked it to review. Pivar, who got the work he believes to be a genuine van Gogh at a country auction earlier this year. He is asking for—not a typo—$300 million. The museum has not yet commented.
The Digest
The mid-career Canadian artist  Jeremy Gordaneer  died in Victoria, British Columbia, in late August, after police found him at his home with serious injuries. Authorities are reportedly treating his death as a homicide.  [CBC]
Vogue  comes bearing news of new collaborations between artists and famed brands.  Daniel Arsham  has linked up with jewelry maker  Tiffany & Co. , and  Mamma Andersson  has teamed with the Swedish interior design company  Svenskt Tenn .  [Vogue  and  Vogue]
The new Los Angeles headquarters of  Roc Nation , the  Jay-Z –founded entertainment company, was designed by  Willo Perron , and sports artwork by  Derrick Adams ,  Hanna Liden , and  Moffat Takadiwa , as well as furniture by  Vico Magistretti ,  Charlotte Perriand , and more.  [Architectural Digest]
After two coronavirus delays, a ceremony was finally held to inaugurate the freshly restored  Rialto Bridge  in Venice. The roughly $5.9 million project was funded by  Renzo Rosso , the founder of the  Diesel  fashion label. The revered tenor  Andrea Bocelli  sang a  Puccini  aria from atop the structure as part of the occasion.  [AFP/France 24]
Speaking of the floating city, billionaire collector and philanthropist  Nicolas Berggruen ’s  Berggruen Institute  just opened a new branch on the island of Giudecca that will host cultural programming like exhibitions and symposia. Philosopher  Peter Singer  was given the $1 million  Berggruen Prize for Philosophy and Culture  at the inauguration event.  [Artnet News]
The  Georgia Museum of Art  at the  University of Georgia  in Athens received nearly 3,000 photographs as a gift from three collectors. The vast majority of the works are by the American photographer  Arthur Tress . The total haul is valued at close to $8 million.  [ArtDaily]
The Kicker
THE KIDS ARE ALRIGHT.  Because they are minting NFTs and, in some cases, making huge amounts of cash!  Time  has  a dispatch from the teen NFT scene . Meet  Jaiden Stipp  , a 15-year-old high school sophomore. He just who sold a token tied to a digital illustration of a cartoon astronaut for the equivalent of about $30,000. Here’s Stipp narrating his parental unit’s reaction: “My dad was like, ‘No way this is actual money.’ It seems like it’s a lot of fake money being passed around. So we took some of the money out just to see what’s actually real. And then at the bank. I was like, ‘Whoa.’ ” Whoa, indeed. He has sold four more pieces, and  Time  reports, “cashed out enough to help his parents pay off their house and cars.”  [Time] shares always this Contents with License.

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