Schwenke Auctioneers - Anniversary Fine Estates Auction - May 22

After Prison Sentencing, Art Dealer Mary Boone Will Close Her Gallery

  • February 24, 2019 21:19

  • Email
New York magazine in 1982 with Mary Boone on the cover.

Veteran New York art dealer Mary Boone, 67, will shutter her eponymous gallery. She was sentenced on Feb. 14 to thirty months in prison for filing false tax returns, with prosecutors alleging that she defrauded the IRS of over $3 million.

“I had 49 wonderful years in art,” Boone told ARTnews. “If I’m going to be the Martha Stewart of the art world, I would hope to do it with the same humility, humor, grace, and intelligence that she did. I’m trying to be optimistic and see this as a learning experience.”

Boone will report to federal prison by May 15. Prior to closing, her gallery is showing Julia Wachtel at the Chelsea space and Derrick Adams on Fifth Avenue, to April 27.

Known for developing a stable of top artists, Boone's first gallery opened in 1977, showing such names as Jean-Michel Basquiat, Barbara Kruger, Brice Marden, David Salle, Julian Schnabel, Eric Fischl, and Ross Bleckner, along with historical and emerging artists.

In 2016, Boone was sued by actor Alec Baldwin over the misrepresentation of a Ross Bleckner painting, and she reportedly paid him a seven-figure sum to settle the dispute.

Read more at ARTnews


  • Email

More News Feed Headlines

Mark Rothko’s Untitled, 1960, sold for $50.1 million.

A Bacon and SFMOMA's Rothko Boost Sotheby's $341.9 Million Contemporary Art Sale

  • ARTnews / May 19th, 2019

Sotheby’s Contemporary Art Evening Auction wrapped in New York with a total of $341.9 million, with a ...

Read More...
Courtyard of the Louvre, with I.M.  Pei's Pyramid.

I.M. Pei, Renowned Architect of Louvre Pyramid, Remembered

  • NPR / May 16th, 2019

Modernist architect I.M. Pei, known for iconic structures from the Louvre Pyramid to Cleveland's Rock & Roll Hall ...

Read More...
Paul Gauguin, Nafea Faa Ipoipo? (When Will You Marry?), 1892, oil on canvas.

Simon de Pury Wins Legal Dispute With Friend Over Commission in 'Handshake' Deal for Gauguin

  • ArtNews / May 16th, 2019

Former Sotheby’s Europe chairman Simon de Pury has won a legal battle with his childhood friend over the sale of one ...

Read More...
Jeff Koons, Rabbit

Jeff Koons 'Rabbit' Fetches a Living Artist Record of $91 Million

  • CNN / May 15th, 2019

A stainless steel rabbit sculpture by Jeff Koons became the priciest work ever sold by a living artist at auction on ...

Read More...

ARTFIXdaily Artwire