Sotheby's to Offer Property from the Estate of Theodore J. Forstmann - Spring 2012

Sotheby’s is honored to announce that it will offer Property from the Estate of Theodore J. Forstmann, the legendary financier and well known American philanthropist. Mr. Forstmann was also a collector of great connoisseurship and refinement, whose collecting interests spanned Impressionist and Modern art, Contemporary art, American art and Latin American art.



A significant group of works will highlight Sotheby’s Impressionist & Modern Art Evening Sale on 2 May 2012 and includes Pablo Picasso’s portrait of Dora Maar titled Femme assise dans un fauteuil, which exemplifies the artist’s wartime work and his passionate exchange with Dora Maar (est. $20/30 million). Chaïm Soutine’s Le chausseur de chez Maxim’s is a masterwork of Expressionism and arguably the crowning achievement of the artist’s career (est. $10/15 million), and Soutine’s Le Chasseur (est. $4/6 million), both done in Paris in the 1920s will be major highlights, as will be Tête humaine, a prime example of Joan Miró’s formative output of the 1930s (est. $10/15 million). Outstanding works by Roy Lichtenstein, Jean-Michel Basquiat and Arshile Gorky will be included in Sotheby’s Contemporary Art Evening Auction on 9 May 2012. These works will be sold across a series of sales at Sotheby’s in New York through May 2012, and are estimated in excess of $75 million.



Highlights will travel to Los Angeles, Hong Kong and London before returning to New York for exhibition and sale.




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