Market News

By Colin Gleadell Published: 5:43PM GMT twenty-three Feb 2010

One of the excellent antiques emporiums in Mayfair, home for decades to Partridge Fine Art, is to be taken over by � la mode art dealers the Halcyon Gallery, that has taken a 20-year franchise on the building. The Grade II-listed building, at 144-146 New Bond Steet, that was creatively written as an art art studio in 1911, is to be redesigned by Allford Hall Monaghan Morris, the organisation that written the Barbican Centre. The merger of the 10,000 sq ft space over 3 floors right away gives Halcyon 3 distinguished muster spaces inside of a couple of hundred yards of each alternative in Mayfair, as well as the art studio in Birmingham where owners Paul Green began the business. In Feb 2008, it non-stop the flagship art studio in Bruton Street, where it is now exhibiting the paintings of Bob Dylan. At twenty-nine New Bond Street, the art studio is display the work of sculptor Lorenzo Quinn. Another artist with whom it has completed blurb success is the West Country house painter Robert Lenkiewicz. Halcyon"s ultimate premises will open this autumn. Green has betrothed to vaunt the pick up of "rare masterpieces from Impressionism to Pop art".

Other moves and expansions opposite the collateral show an art stage in a state of flux. Also in New Bond Street, play Max Wigram, who had no muster space to verbalise of eight years ago, has doubled his art studio space by relocating in to a 300 sq m space at no 106, that will launch on Mar sixteen with an muster for filmmaker Marine Hugonnier. In Cork Street, the space left by Robert Sandelson"s preference to work secretly was snapped up by Rodin specialists the Hay Hill Gallery.

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Russian artist Vladimir Yankilevsky, who was one of the artists comparison by Sotheby"s for the ancestral sale of Russian � la mode art in Moscow in 1988, has oral about the experience on the eve of his initial muster in the UK, that opens tomorrow at the Mall Galleries. Everyone in the West was led to hold that the sale epitomized the suggestion of Glasnost, and that the revelatory prices fetched from collectors such as Elton John, Alfred Taubman and Sammy Ofer would have a liberating effect, signalling the opening of a new era of artists in to the general market. But Yankilevsky says that the sale was "a catastrophe". "Before the sale," he tells me, "there was an supposed hierarchy between the artists formed on the peculiarity of the art we produced. Sotheby"s altered that, but not in the approach we expected. The hierarchy was topsy-turvy according to cost and the tastes of Western collectors." Nonetheless, his work sold, and prices in this muster range from €10,000 (�8,800) to €200,000. Few functions by him have appeared at auction, but the jot down was set at Phillips de Pury & Co in 2008, when a portrayal from 1970, estimated at �8,000 to �12,000, sole for �66,500.

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