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Blinky Palermo
Komposition Blau-Rot auf Weiss
1965
$800,000
Sotheby’s New York
May 10, 2006
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Art Market Watch
May 11, 2006

$128.8 MILLION AT SOTHEBY’S CONTEMPORARY
The art market’s new power couple is Dominique Lévy and Robert Mnuchin of L&M Arts -- that much became clear last night at the Sotheby’s New York evening sale of contemporary art, May 10, 2006. Authoritative and coolly elegant, the two principals of the blue-chip gallery on East 78th Street (where "Willem de Kooning: Paintings 1975-1978" is on view, Apr. 20-June 3, 2006) sat on the aisle in the fifth row on the "dealer’s side" of the vast auction room, alongside gallery staffers Robert Pincus-Witten and Meredith Harper, Lévy bidding with a firm, spare nod of her head, Mnuchin jumping bids and joking out loud to the auctioneer.

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