BLOG: Yung Hee's Perspective
Highlights from art events

March 1, 2017
Celebration of the Armory Show at One World Trade Center

I co-hosted an event with Anita Durst in celebration of the Armory Show at One World Trade Center. The Executive Director of the Armory Show, Benjamin Genocchio gave a speech about this year's show.

Guests included Jim Chanos, Melissa Chiu, Simon De Pury, Gilles Dyan, Boon Hui Tan, Louisa Guinness, Jacob Pabst, Aditya Julka, Roya Sachs, and Sonja Tremont-Morgan. Anita Durst, founder of chashama introduced her organization which provides spaces to young artists to give them the exposure and experience necessary for successful careers in the art world. Francine Lefrak, Eric Javits, Rick Friedberg, Di Mondo, and Geoffrey Bradfield also attended.

Entertainment included dancing, and an interactive performance by Human Kinetics Movement Arts provided by chashama.

Anita Durst, Yung Hee Kim, Benjamin Genocchio
Anita Durst, Yung Hee Kim, Benjamin Genocchio
Simon de Pury, Gilles Dyan, Louisa Guinness, Jim Chanos, Yung Hee Kim
Simon de Pury, Gilles Dyan, Louisa Guiness, Jim Chanos, Yung Hee Kim
Sonja Morgan, Yung Hee Kim
Sonja Morgan, Yung Hee Kim
Louisa Guinness, Jim Chanos, Yung Hee Kim
Louisa Guinness, Jim Chanos, Yung Hee Kim
Ariel Ho Kajer, Jim Chanos, Yung Hee Kim, Lili Mortimer
Ariel Ho Kajer, Jim Chanos, Yung Hee Kim, Lili Mortimer
Eric Javits, Yung Hee Kim, Di Mondo
Eric Javits, Yung Hee Kim, Di Mondo

 
 
January 5, 2017
Essay by Yung Hee Kim in Art + Auction Magazine

The president and founder of NY Projects, Yung Hee Kim, has written and published an essay on the work with Zaha Hadid and Patrik Schumacher in Art+Auction magazine. The coverage details the Seoul Collection’s original works and prototypes, as well as their debut at Design Miami Basel and in Seoul’s Dongdaemun Design Park. An excerpt from the article is available here.

Yung Hee Kim
From Art + Auction Magazine

 
 
July 30, 2016
FADA House of Madness

Yung Hee Kim at FADA House of Madness the 23rd annual Watermill Center Summer Benefit & Auction

Yung Hee Kim
Yung Hee Kim

 
 
May 23, 2016
Event at Asia Society

Boon Hui Tan, Director of Asia Society Museum was joined by Chair of the Board of Director of Asian Art Archine Jane DeBevoise, and Senior Curator of Tate Research Centre: Asia, Dr. Sook-Kyung Lee in a panel discussion at Asia Society on May 23, 2016. NY Projects contributed to this successful event that focused of the development of contemporary art scene in Asian since the financial crisis of 2008. The evening was concluded by a live and immersive performance by Susie Ibarra, a composer and musician.

Boon Hui Tan, Archine Jane DeBevoise,  and Dr. Sook-Kyung Lee
Boon Hui Tan, Archine Jane DeBevoise, and Dr. Sook-Kyung Lee

 
 
May, 2016
Frieze New York

The month of May is a crucial time for the art market where hundreds of galleries, advisors, and dealers anticipate the sales of many remarkable works of art. Frieze New York inaugurated New York’s art fair frenzy, attracting visitors to Randall’s Island on the dampest weekend of the year so far. Among 200 galleries from 31 countries, Skarstedt Gallery made two of the highest sales one on Richard Prince’s “Untitled (Protest Paining),” from 1994 which sold to a European collector for $650,000 and George Condo’s “2 People Looking at each other,” from 2016 selling for $650,000. David Zwirner sold four Lisa Yuskavage paintings ranging from $100,000 to $900,000 which were created specifically for Frieze. One of the paintings “Spectral,” 2016 was sold to Shanghai’s The Long Museum and will be featured in an all-female artist exhibition in the summer. Frieze New York was just a taste of what is to come in the coming weeks before auctions at Christie’s, Phillip’s, and Sotheby’s begin.

Lisa Yuskavage - Spectral
Lisa Yuskavage - Spectral

 
 
May 8, 2016
Auctions

Sundays are a day of rest, except when there are works by Mike Kelley and Mark Bradford up for auction. Sunday, May 8 was the 20th Century & Contemporary Art Evening Sale at Phillips. Kicking off the week, Brice Marden’s “Star (for Patti Smith),” 1972-74 was sold for $5,989,000 and a Jeff Koons “Naked,” 1988 sold for $5,765,000. Another Koons “Jim Beam- Passenger Car,” 1986 sold for $965,000 just a little shy of its estimated $1.4 million in worth. At Christie’s Bound to Fail auction, which also took place on May 8, the total buyers premium was $78,123,250. Contributing to that was Maurizio Cattelan’s “Him,” executed in 2001 realized for $17,189,000. Koons seemed to be the artist of the weekend, his “One Ball Total Equilibrium Tank (Spalding Dr. J Silver Series),” realized for $15,285,000. This is a huge week for Christie’s, as everyone waits for the results of Jean-Michel Basquiat’s “Unititled,” which goes on sale May 10th in the Post-War and Contemporary Evening Sale.

Jeff Koons - One Ball Total Equilibrium Tank (Spalding Dr. J Silver Series)
Jeff Koons - One Ball Total Equilibrium Tank (Spalding Dr. J Silver Series)

 
 
March 1, 2016
ADAA The Art Show Gala

I attended ADAA’s The Art Show Gala preview on March 1, 2016 at the Park Avenue Armory. There was so much amazing art on view from galleries like David Zwirner, Galerie Lelong, and Pace. Works by Henri Matisse, Joan Miro, Pablo Picasso, and Frank Stella really stole the show. It was a great night filled with art, food, and familiar faces.

Source: Hamptons Art Hub  

Yung Hee Kim with a collage by Frank Stella in the background at Dominique Levy
Yung Hee Kim with a collage by Frank Stella in the background at Dominique Levy.
Photo by Keming Liu.

 
 
January 19, 2016
Levin Americana Reception

Mark Newhouse, Lori Newhouse, Philippe Hoerle-Guggenheim, and Yung Hee Kim
Yung Hee Kim, Mark Newhouse, Lori Newhouse, and Philippe Hoerle-Guggenheim

 
 
2015
Met receives gift from Republic of Korea

At the close of December 2015, the Metropolitan Museum of Art received a generous gift of approximately $1 million dollars from the Ministry of Culture, Sports, and Tourism of the Republic of Korea. This gift is meant to support Korea art at the Museum and upcoming exhibitions. Museum projects will be funded over a three-year period 2016-2018, including a major exhibition in 2018. The year of 2018 will be a special one for both The Met and the Republic of Korea. The Met will be celebrating the Arts of Korea Gallery’s 20th anniversary and the Republic of Korea will be hosting the Olympic Winter Games. It will be exciting to see the expansion of programming exhibitions, installations, and galleries on behalf of this generous gift.

Gift from the Ministry of Culture, Sports, and Tourism of the Republic of Korea
President of the Metropolitan Museum of Art Daniel H. Weiss (left) and Seung Je Oh,
Director of the Korean Cultural Service of New York (right).

 
 
November 9, 2015
Hirshhorn Museum and Sculpture Garden 40th Anniversary Gala

Sophie Neuendorf, Philippe Hoerle Guggenheim, Jacob Pabst, and Yung Hee Kim
Philippe Hoerle Guggenheim, Sophie Neuendorf, Yung Hee Kim, and Jacob Pabst
Melissa Chiu, Jacob Pabst, Yung Hee Kim
Yung Hee Kim, Melissa Chiu, and Jacob Pabst

 
 
March 2, 2015
Richard Taittinger Gallery Opening of Sinthome

Elodie Taittinger and Yung Hee Kim
Elodie Taittinger and Yung Hee Kim

 
 
July 28, 2014
Dinner in the Hamptons in Honor of Melissa Chiu

In celebration of Melissa Chiu’s new appointment as the Director of the Hirshhorn Museum and Sculpture Garden in Washington D.C. artnet News Editor-in-Chief Benjamin Genocchio and I hosted a dinner party in her honor this summer. Melissa is an exceptional director, partly because of her body of knowledge and partly because of her charm and worldliness. The NY Times said that one of Melissa’s professors at the University of Western Sydney told her she was ‘crazy’ for choosing Chinese contemporary art for her doctoral dissertation. ‘She told me I would never get a job,’ Melissa recounted. Melissa has organized major travel exhibitions by contemporary artists like Ai Weiwi, Sarah Sze and Lin Tianmiao. A lot of people in the art world such as Arne Glimcher came to congratulate her. I am so grateful that Sheikha Paula Al Sabah, Queen of Kuwait, joined the celebration. It was a pleasure to have her.

Artnet Article  

Melissa Chiu, Sheikah Paula Al Sabah and Yung Hee Kim
Melissa Chiu, Sheikah Paula Al Sabah and Yung Hee Kim
Arne Glimcher and Melissa Chiu
Arne Glimcher and Melissa Chiu
Benjamin Genocchio, Yung Hee Kim and Melissa Chiu
Benjamin Genocchio, Yung Hee Kim and Melissa Chiu
Bob Belfer, Benjamin Genocchio, Renee Belfer and Yung Hee Kim
Bob Belfer, Benjamin Genocchio, Renee Belfer and Yung Hee Kim



 
 
June 12, 2014
Chelsea Gallery Highlights in May

I began at the Pace Gallery on 25th Street with Hiroshi Sugimoto's photographs, or gelatin silver prints. They were so striking and beautifully made that they looked more like large black and white paintings. To give you a sense of the market, one of Sugimoto's gelatin silver prints, Ionian Sea, Santa Cesarea, sold for $353,000 at Christie's on May 14th (estimated at $300,000-400,000). On April 1st The Music Lesson, a pigment print, sold for $629,000 at Phillips (estimated at $200,000-250,000). His diorama photographs, the ones with the animals that almost look alive, seem to sell for significantly less although they are very striking.

Keith Haring was at the Gladstone Gallery on 24th Street. Huge canvases and tarps painted in the 1980's covered in shockingly beautiful patterns and colors hung on plain white walls. Keith Haring's largest and most detailed work has been selling especially high lately. Untitled (September 14, 1986) sold for $4,869,000 at Sotheby's on May 14th (estimated at $2-3 million) and Untitled (Dancing dogs) sold for $4,589,000 at the same auction (estimated at $3-4 million).

Glenn Brown at the Gagosian Gallery also popped. Everything was over the top in a beautiful, luxurious way. Glenn Brown's most recent high sales were of Böcklin's Tomb (Copied from Floating Cities by Chris Foss), which sold for $3,758,698 USD at Christie's in London on October 18, 2013 (estimated at $3,236,769-4,855,154) and of Ornamental despair (Painting for Ian Curtis) (Copied from The Stars like Dust by Chris Foss), which sold for $5,746,039 (estimated at $3,233,107-4,849,660).

Pace Gallery   Gladstone Gallery   Gagosian Gallery

Yung Hee with Tara Donovan (Untitled)
Yung Hee with Tara Donovan Untitled
Keith Haring Untitled (Dancing Dogs)
Keith Haring Untitled (Dancing Dogs)
Glenn Brown Bocklin's Tomb (Copied from Floating Cities by Chris Foss)
Glenn Brown Bocklin's Tomb (Copied from Floating Cities by Chris Foss)
Hiroshi Sugimoto Ionian Sea Santa Cesarea
Hiroshi Sugimoto Ionian Sea Santa Cesarea

 
 
June 8, 2014
MoMA's Party in the Garden and the American Museum of Natural History's Museum Dance

New York was in full swing in May, filled with museum events. On May 13th the MoMA's Party in the Garden honored Daniel Craig, Steve McQueen and Maja Oeri for their artistry and philanthropy. Daniel Craig played Joe in the Royal National Theatre's production of Tony Kushner's Angels in America. Steve McQueen's film 12 Years a Slave won best picture at the Oscars this year. Maja Oeri has been a longtime museum trustee. I approached the entrance and saw that the museum's glass-like face reflected everything around it: the city and beautifully dressed partygoers alike. The box-like structure almost looked like a display case filled with treasures. The Party in the Garden exhibited people as if they were pieces of art. Everyone glowed, beautifully dressed, against the backdrop of the MoMA.

The American Museum of Natural History Museum Dance on May 15th took place in the Cullman Hall of the Universe. The event raised funds for the museum's scientific and educational programs. It was set beneath the stars, and beneath the 94 foot long model of a blue whale. The beauty and power of nature was on display, which was fitting for a spring gala at the American Museum of Natural History. I was happy to attend both events.

MoMA Garden Party 2014
Yung Hee Kim and Irene Kim at the MoMA Garden Party 2014
American Museum of Natural History Annual Museum Dance
Yan Assoun, Yung Hee Kim, Di Mondo, Claudia Avendano, Eric Javits Jr., and Polina Proshkina
More about the American Museum of Natural History's 2014 Museum Dance here.
Photo Credit: AMNH\D. Finnin
 
 
May 24, 2014
The Frieze Art Fair on Randalls Island: Beauty Versus Accessibility

"Usually when people come to New York, they fly in to J.F.K., get zipped around by taxis, travel underground by subway and very seldom get a sense that they are on an island inside of a moving estuary." -Artist Marie Lorenz

The Frieze Art Fair in New York City takes place on Randalls Island- a beautiful setting that reminds visitors of the city’s watery roots. Frieze London takes place in Regent's Park so it is fitting that Frieze New York would take place in a beautifully restored park as well. It offers views of the Manhattan skyline- viewed from afar Manhattan is a sculpture in its own right. Randalls Island becomes an extension, or a microcosm, of its larger sister island. Frieze is rather difficult to get to; I wonder whether or not its location deters visitors. The Armory Show last year drew 60,000 visitors and the Frieze Art Fair drew 45,000. I hope this city (so full of art lovers) can embrace both.

Suggested Reading: New York Version of Frieze Art Fair Comes Into Its Own by Mara Hoberman of the New York Times

Frieze Art Fair New York 2014
Frieze Art Fair New York 2014
Frieze Art Fair New York 2014
Frieze Art Fair New York 2014
 
 
May 24, 2014
The Strength of the Middle Market

The media focuses on numbers that impress or amaze: Newman's Black Fire I sold for $84.14 million, Bacon's Three Studies for a Portrait of John Edwards sold for $80.8 million, Rothko's Untitled sold for $66.2 million, Warhol's Race Riot sold for $62.8 million and Rothko's Untitled (Red, Blue, Orange) sold for $56 million. Christie's alone sold almost a billion dollars worth of contemporary art this month.

Pieces by younger artists exceeded their high estimates as well, so although the numbers are lower the implication is that the middle market is strong too, which is interesting to note. It isn't just museum quality pieces by established superstars that are selling high. Perhaps this is why the experimental auction If I Live I'll See You Tuesday, which contained many lots by young, "hot" artists, was such a success. Out of 35 lots only 1 failed to sell and there were 16 new artist records. Christie's international head of post-war and contemporary art Brett Gorvy said, "It will probably be the last chance to acquire some of these more recent masterpieces before they too move on to the $20 million plus price bracket."

Michael Riedel (b. 1972) and Alex Israel (b. 1982) both had pieces that sold for roughly three times their high estimates- and neither had any previous sales at auction, according to public record. Riedel's Untitled (Td bgcolor) sold for $305,000 at Christie's, estimated at $80,000-$120,000. Israel's Sky Backdrop sold for $1,025,000 at Christie's, estimated at $200,000-$300,000.

Alex Israel Sky Backdrop
Alex Israel 'Sky Backdrop'
Michael Riedel Untitled
Michael Riedel Untitled