Vito Schnabel an Art Dealer

For an art dealer with just five years in the business and without a secure stable of artists, Vito Schnabel is building quite a showroom empire. The son of artist Julian Schnabel, the 21-year-old has just returned to New York from London, where he curated a show at the Scream Gallery.

Mr. Schnabel will soon take command of a 4,300-square-foot space on West 23rd Street, lent by a friend of his, that will serve as his private showroom. In September, Mr. Schnabel and his father will open a gallery in the first floor of the elder Schnabel’s palatial pink West Village townhouse, dubbed Palazzo Chupi. And the budding dealer also plans to use a portion of the same building as a third private exhibition room. [from nysun]

Thinking Abstract Art ... RegiaArt

De Kooning sold to New York Art Dealer Bob Mnuchin for $19.9 million

L&M Arts's Robert Mnuchin bought the
Willem de Kooning’s cranberry-and-coral abstract Untitled XXIII, for $19.9 million.




Below another strong abstraction by Willem de Kooning (1904-1997) "Untitled XVI," by de Kooning, oil on canvas, 70 by 80 inches, 1975, left; was also bought by dealer Robert Mnuchin, at the evening auction of Contemporary Art at Sotheby's May 10, 2006.