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FAMILY FEUD TAKES DOWN LEGENDARY SPACE

The nearly 80-year-old Marlborough Gallery, one of the most storied galleries of the postwar era, will close its New York operations amid a power struggle that pitted members of its ownership family against one another in a Shakespearean drama. Most notably, the retired former head of the London gallery Gilbert Lloyd—the son of gallery founder Frank Lloyd (who Anglicized his name from Levai)—and the Lloyd family has ousted Frank’s nephew Pierre Levai, the longtime maître of the gallery and a part owner of the trust, together with his son, Max Levai, who was named president last year. The decision was made during board meetings in June, Max Levai confirmed to Wet Paint in a statement Thursday. 

It has been common knowledge that Gilbert Lloyd had been shopping for years two significant works his thieving father plundered from the Mark Rothko estate (#926 and #927) and ordered by a New York State judge to return. The Lloyd family geniuses think they can get away with their stained reputation.

Read more on Artnet:

https://news.artnet.com/art-world/wet-paint-marlborough-gallery-to-close-permanently-amid-board-coup-while-patriarch-nearly-died-of-covid-19-and-more-juicy-art-world-gossip-1888324

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AAD REPORTS

AAD REPORTS   Reports, news and opinion from Art-Antiques-Design.com