Colin Gleadell has the announcement that the Otto Piene estate has gone Sprueth Magers, the Berlin gallery with an LA outpost:
Piene, whose auction prices are creeping up to $1 million, was a founder of the radical ZERO group in 1957. In Berlin, the gallery will present a survey of Piene’s motorised light sculptures, while one of his larger works, a 45-foot-wide inflatable octopus shaped sculpture, will be unveiled by the gallery at Art Basel this summer. The price range for his work at the gallery is from $50,000 to $2 million.