Sale of Cy Twombly work to help fund expansion of Jewish temple in Los Angeles
THE NEW YORK TIMES
By Jori Finkel
CALIFORNIA---It’s become something of an art-market trope to say that for the price of a single painting by a blue-chip artist you could pay for an entire building by a well-known architect. Now the philanthropist Audrey Irmas has set into motion a chain of events that could illustrate exactly that, pledging $30 million from the sale of an early Cy Twombly “blackboard” painting at Sotheby’s to help the historic Wilshire Boulevard Temple construct a new building by Rem Koolhaas right next door. [link]
By Jori Finkel
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| Cy Twombly's “Untitled, 1968 (New York City).”Credit Sotheby's |
