Eddie Martinez's market takes off in Asia; Pierre Soulages lives in a relic of Modernism's future; Gauguin makes $10.5m at Artcurial; and the Rubells invest in real estate and art.

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Eddie Martinez Caps Auction Run with $2m Sale

Eddie Martinez, High Flying Bird HKD 15,725,000

The Financial Times is taking notice of a few artists whose markets have been jumping lately. Nicolas Party has been hard to ignore for quite some time and Genieve Figgis has begun to join him in the early lot run-up to the Evening sales of Contemporary art.

This season, demand also grew for a new generation of western contemporary artists, including Genieve Figgis (b1972, Dublin) at Phillips, Eddie Martinez (b1977, Connecticut) at Christie’s, and Nicolas Party (b1980, Lausanne) at Sotheby’s.

But one of the artists mentioned here, Eddie Martinez, is getting bigger prices without much notice. The market run began this October when Sotheby’s sold Your Past is My Future for £337,500 over a £120k high estimate in London. Christie’s sold Tears of Rage the next day for £262k over a £100k high estimate.