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return; "Sounds like some old French guy, Jean-Michel Basquiat," he thought. // Signup validation Coincidentally, this language was pretty much verbatim repeated by Weyant when approached for confirmation of their relationship. Its tricky to have a legacy business, particularly when theres no family., The Andy Warhol Foundation for the Visual Arts, Inc./Licensed by Artists Rights Society (ARS), New York; George Etheredge for The New York Times. Its an absolute masterpiece. 07:09 GMT 19 Jun 2022. Talmadge introduced Weyant to her own dealerEllie Rines, owner of the New York gallery 56 Henry, who recalled to the Journal: 'I saw a lot of potential in her.'. Ron '79 and Kim Gagosian established the Khoren A. Gagosian Memorial Scholarship Fund to honor Ron's father. }); When the dust settled, Weyants work had been won by an online bidder for $1.6 million, setting a new auction record for the painter. But over the last few years it has given me more time to work on things Im particularly interested in. I dont know who will take over for me, he said of his global network. (function defernl() { Gagosian isn't the first Faena House owner to flip his unit at a loss during the market slowdown. Weyant enjoyed a meteoric rise before Gagosian entered the picture. It wouldnt be the change of the season in New York City without chatter about what record-breaking Jean-Michel Basquiat piece is next slated to come to auction. Already a member? }; + '