martin margulies son

At the time, MAM was struggling to raise funds for its Herzog & de Meuron-designed new building which eventually opened in 2013. For many years, Margulies maintained a publicly accessible sculpture garden on Grove Isle, a small, private island with condominium towers and a hotel in Coconut Grove and historically one of the most exclusive addresses in the city. Although Liz is the daughter of prominent art collector Martin Margulies, we saw her experience her fair share of professional ups and downs on … Curator Lauren Haynes Revisits a 1966 Profile of Spiral, Pioneering Black Art Collective, Collectors’ Reversals of Fortune Can Mean a Payday for Auction Houses—or Spell Disaster, New Court Filing Reveals Further Details in Case of Embattled Dealer Inigo Philbrick, At Energized Art Basel Miami Beach, Collectors Snap Up Cindy Sherman Tapestries, Kehinde Wiley Monument. In September, D.A.P. For the painting, which, had been in the collection of the Baltimore collecting couple Robert and Jane Meyerhoff, Margulies paid less than $400,000.

“I went to an auction in New York”—the Scull sale that was the talk of the town—”and I said to myself, ‘These people buying are smart people. Rothko paintings from that period and of similar scale have sold for as much as $86.8 million in recent auction seasons. Of the 4,000 or so works of art that Margulies has acquired since the late 1970s, another of his favorites is by the Japanese-American sculptor Isamu Noguchi. The sale of works collected by Robert C. Scull at Sotheby’s in 1973 represents a historic moment—the first time contemporary art came to the auction block in a grand fashion. The 50-work Sotheby’s sale by taxi-fleet owner Scull is widely considered the first major single-owner contemporary art auction held with jaw-dropping and record prices, including Willem de Kooning’s Abstract Expressionist masterpiece Police Gazette from 1955 that fetched a then-record (yes!) But Untitled (Silver, Orange, Plum) has not gone on the block. They’re business people and putting their money into something.’ So I started going around to dealers.”.

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The 81-year-old globe-trotting art collector and dedicated philanthropist (who has spent years on the ARTnews “Top 200 Collectors” list) has become known for his eponymous museum-scaled art warehouse in Miami’s Wynwood Arts District, which plays home to part of his mostly contemporary collection. 58 0 obj <> endobj 78 0 obj <>/Filter/FlateDecode/ID[<968213EBD15D45D08F6729E92D4F598A><6717B0A674D6419C86BF4F8D4F27DBC8>]/Index[58 37]/Info 57 0 R/Length 95/Prev 297148/Root 59 0 R/Size 95/Type/XRef/W[1 2 1]>>stream After the auction, Margulies was approached by a vivacious and super connected dealer from Fort Worth, Texas, named Shaindy Fenton, who had seen him at the sale and who was building a collection for Ray and Patsy Nasher now enshrined as a world-class sculpture trove at the Nasher Sculpture Center in Dallas. [9], Margulies is also the benefactor and owner of the Florida International University Art Sculpture Park. In 2010, he made significant bequests of $20 million to Lotus House, a Miami homeless shelter for women and infants, and of $5 million to the New World Symphony, an orchestral academy based in Miami. ��2�0p4�(0�\�p䵫�?i��2�Գ��������B�\�����^�3Y^:j������ Fenton, who had been the close-up subject of three Andy Warhol portraits between 1978 and 1983 (a sure-fire sign of her art-world standing), offered her help. ALEXTPHOTO.COM – EWM/THE MARGULIES COLLECTION AT THE WAREHOUSE, MIAMI. �smk�M�M|�&�r�`�u�i���/��M8�/xg({�*::��Q���h``�i�`F�4�P�I ��Q�Ew$��d`� ���X�ZFs~�Y��. Get started California Births, 1905 - 1995. Martin Z. Margulies.

It carried a blue-chip provenance, formerly in the collection of Chicagoan Robert B. Mayer, a founding member of the city’s Museum of Contemporary Art. Martin Jon Margulies 1948 California Martin Jon Margulies, born 1948.

“They were all willing to share their experiences,” Margulies said. $180,000.

It’s strong, textural. As a strategy, Margulies has followed the mantra of investor Warren Buffet: “buy and hold.” “I was approached by a guy who offered me a million dollars more for the Miró than what anybody else will pay, and I said, ‘Well, you can give me $20 million over it, but it’s not for sale.’ ”. [8] In 2010, to coincide with Art Basel Miami Beach, the space showed both African artists and non-African artists who work in Africa: Seydou Keïta, Zwelethu Mthethwa, George Osodi, Peter Friedl and Tim Hetherington, among others. We want to hear from you!

It meets my sensibility, and that’s what it’s all about.”, Margulies also has philanthropic allegiances. Another favorite is George Segal’s extraordinary sculpture/installation Subway (1968), which includes part of an authentic New York City subway car with vintage rattan seats and a full-length, cast-plaster figure seated contemplatively. The daring part can be encapsulated with the collector’s obsession with the prolific and challenging German artist Anselm Kiefer. [12], In 1982, Margulies led the opposition against a $500,000 commission to artist Beverly Pepper for a sculpture that would stand at the entrance to the seaport, citing in his complaint to the Dade County Art in Public Places program "the weak selection process" by which the Pepper work was chosen. But it turns out it was significant in another way: it was a starting point of sorts for mega-collector Martin Z. Margulies. [6][7] The Margulies Collection includes sculptures by the likes of Willem de Kooning, Anselm Kiefer, Olafur Eliasson, Antony Gormley, Donald Judd and Sol LeWitt. “He sold me a lot of nice work.”. “That’s a great legacy for me,” Margulies said—“helping humanity.”. By 1980, Margulies had acquired a major and rare painting from Joan Miró’s famed “Constellation” series, “Femme dans la nuit” (Woman of the Night), 1940, which had been in the collection of Alexina “Teeny” Duchamp, Marcel Duchamp’s widow.

Martin Margulies with his art on Grove Isle in 1982. [10], Also in 2010, Margulies pledged $5 million each to the Metropolitan Museum of Art and the Whitney Museum of American Art in New York,[11] a move that underlined his very public opposition to plans to redevelop the local Miami Art Museum (MAM). “I became well-known because of that work,” Margulies said, with more than a bit of pride. “At night when you turn the light off—I have dimmers—and it dims, those rectangular shapes appear to almost move around.”, Margulies spoke highly of Rubin, who died this past August at age 85, crediting him with another great get: a large-scale Abstract Expressionist work by Franz Kline. Apart from seven-figure gifts to the Metropolitan Museum of Art, the Whitney Museum, and the Studio Museum in Harlem, his giving is best measured by his $40 million commitment to Miami’s Lotus House, a state-of-the-art live-in facility dedicated to improving the lives of over 500 homeless women and children. Martin Z. Margulies On an abnormally brisk late October morning in Miami’s Wynwood Arts District, The Canvas entered the 50,000-square-foot Margulies Collection at the Warehouse to find the nonprofit’s 82-year-old eponymous founder personally leading a tour of school children through his collection. Margulies acquired the work from London’s White Cube Gallery in 2015 and built a bespoke addition to his building to house it. Check Reputation Score for Martin Margulies in Sandy Hook, CT - View Criminal & Court Records | Photos | Address, Emails & Phone Number | Personal Review | $200 - $249,999 Income & Net Worth published the nearly 300-page first volume of his complete holdings, and in the fall Margulies touched down in New York for a conversation about the humble origins of his now-storied collection. [1] After tensions with island management,[2] much of the collection was moved to Florida International University’s main campus in West Miami-Dade. In 1999 they set up a warehouse space in then-derelict Wynwood to show his holdings of contemporary and vintage photography, video, sculpture and installation work. One of the works from that series of the same size and date, Femme et Oiseaux, sold at Sotheby’s London in June 2017 for £24.5 million (about $31.1 million). [14], Example of Martin Margulies Grove Isle Gardens sculpture, Example of Martin Margulies sculpture deck on Grove Isle, Harper, Paula & Katherine Jannach Hinds (1986), Contemporary Sculpture from the Martin Z. Margulies Collection - Grove Isle, Coconut Grove, Florida, On 15-year anniversary of Margulies Collection’s opening, Martin Margulies thinks legacy, Collectors who transform Miami’s art scene, "The Margulies Collection at the Warehouse", From Soaking Up Shows to Supporting Schoolchildren, Coconut Grove, Florida: Arcadia Publishing,, Creative Commons Attribution-ShareAlike License, This page was last edited on 28 July 2020, at 23:04. Margulies even took full-page advertisements in local papers to contest the project.

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