Art

$2.7 Billion Dutch Fair Lures Collectors as Confidence Rises A record 263 dealers will offer paintings and other works worth $2.7 billion at the world’s largest art and antiques fair, anticipating the return of the billionaire big-spenders.

BAT Makes $18.5 Million in Sotheby’s Biggest Dutch Art Sale British American Tobacco Plc, Europe’s second-largest cigarette maker, made 13.6 million euros ($18.5 million) last night in what Sotheby’s said was the highest total for an art auction in the Netherlands.

Colony to Take Over Leibovitz Debt, Help Market Photographs Colony Capital LLC agreed to take over the debt of Annie Leibovitz after the celebrity photographer bought back control of her works and real estate from Art Capital Group.

Abramovich Partner Zhukova Puts Utopia on Show: Russia Art Buzz Dasha Zhukova, one of the world’s most prominent art collectors, is bringing visions of paradise to her Garage Center for Contemporary Culture in Moscow.

Medvedev, Sarkozy Celebrate ‘Holy Russia’ at Louvre: Review Some 20 years ago, the new exhibition at the Louvre in Paris would have been unthinkable.

BAT May Reap $6.8 Million in Sale of Artwork, Sotheby’s Says British American Tobacco Plc, Europe’s second-largest cigarette maker, may reap as much as 5 million euros ($6.8 million) for 163 artworks, including a sculpture by France’s Niki de Saint Phalle, Sotheby’s said.

Israel Museum Kapoor Work Turns Jerusalem Upside Down (Update1) Jerusalemites will soon have their world turned upside down -- in the reflective stainless-steel surface of a sculpture by Anish Kapoor that will stand in the grounds of the renovated Israel Museum set to reopen in July.

DeLorean, Bjork, Rich Russians Boost ‘Crazy’ New York Art Fairs Dealers participating in New York’s Armory Week, the city’s biggest display of high-end and contemporary art, reported increased sales from last year and said they were confident the art market had rebounded.