Three Paintings by Williem de Kooning Expected to Fetch a Total of $50 Million
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Three Paintings by Williem de Kooning Expected to Fetch a Total of $50 Million

By FANG BLOCK
Mon, Sep 19, 2022 9:03amGrey Clock 2 min

A trio of paintings by Williem de Kooning from his family’s collection will be auctioned for the first time this November at Sotheby’s New York, with a combined value in excess of US$50 million.

The three works span three decades from the 1960s to1980s and represent “an incredible insight into how de Kooning relentlessly refined and reworked his visual style, always exploring new techniques and approaches,” David Galperin, head of contemporary Art at Sotheby’s New York, said in a statement.

The Dutch-born abstract expressionist painter, who spent most of his time in New York City and East Hampton, was part of a group of artists, such as Jackson Pollock, Lee Krasner, Mark Rothko, and Clyfford Still, known as the New York School.

The artist’s price record at auction was set in 2018, when his 1955 painting Woman as Landscape sold for US$68.9 million at Christie’s. However, his 1955 painting Interchange was reportedly traded for US$300 million through a private deal between the entertainment magnate David Geffen and hedge fund billionaire Kenneth Griffin.

This time, Untitled, circa 1979, a colourful canvas that is estimated to sell for between US$30 million and US$40 million, will be the most valuable painting on offer from his heirs—three granddaughters.

“For as long as we can remember, Untitled, c. 1979, was referred to affectionately as ‘the Monet’ by our mother,” the granddaughters said through Sotheby’s. “Even as young children, we were captivated by it.”

Montauk II, from 1969, is one of five known Montauk paintings de Kooning created in that year and carries an estimate of between US$10 million and US$15 million. A rare large-scale colourful work from 1987, The Hat Upstairs, never-before-seen by the public, is valued between US$8 million and US$12 million.

The three works will highlight Sotheby’s contemporary evening auction in November in New York. They will be on a touring exhibition with stops in Hong Kong from Oct. 2-8; London from Oct. 8-12, Paris from Oct. 19-24, and Los Angeles from Oct. 26-29 before returning to New York for exhibition from Nov. 4-16.



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11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

35 North Street Windsor

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Property of the week: Pecan Manor Farm at 204 Tooheys Mill Rd, Nashua

A rural retreat with a side hustle opportunity, Pecan Manor Farm near Byron is an idyllic slice of the tree change pie.

By Kirsten Craze
Fri, Feb 7, 2025 2 min

High in Byron Bay’s coveted hinterland there is a hidden estate with more than just a charming homestead on offer. Pecan Manor Farm is a 40ha parcel of lush rolling grounds with expansive grazing lands, a dam with a private pontoon – and a thriving pecan plantation.

The original homestead was first built and owned by the Toohey brothers, who later went on to establish the iconic Tooheys Beer Company. In 2013, the property was sold to the Hogan family, who significantly renovated the home. It changed hands again in 2021, with the current owners further transforming the property.

With sandstone features, manicured hedges and a meandering driveway through established trees, Pecan Manor Farm is, in a nut shell, an enviable tree change property only half an hour from one of Australia’s hottest beach getaways.

Listed with McGrath Byron Bay Agents Tezu Harrison and Nick Dunn, the unique property at 204 Tooheys Mills Rd, Nashua is on the market with price expectations of $8 million.

“It’s a beautiful pecan estate that is so private. You drive in through a pecan forest almost and arrive up to the top of the property to discover a completely renovated old school Federation home. It’s probably one of the most beautiful 99 acres I’ve ever seen, because there are so many different aspects to it,” Mr Harrison said.

Framed by some of the region’s most impressive scenery, the grand Nashua landholding is near Tintenbar, and is 18kms to Lennox Head or 25kms to the popular beaches of Byron.

Inside the large family-friendly home, the main wing houses a choice of everyday living spaces including an open plan dining and family room, the contemporary kitchen and a separate lounge or media room.

At the heart of the footprint, the kitchen has a suite of NEFF appliances and a freestanding island bench. Both the dining and lounge areas spill out onto a full-width deck, taking in the sweeping district views and pool.

While one bedroom has an ensuite and personal deck, it’s the main bedroom that is a retreat in every sense of the word. Separated via a gallery-style hallway, the primary suite is its own wing with a large deck, a bath ensuite overlooking the lush landscape, and a walk-in wardrobe.

Thanks to the multiple alfresco spaces, there is a place for everyone in all seasons, especially by the pool either on the timber sun deck or in the cosy cabana complete with its own fireplace.

Guests can stay with plenty of privacy in the freestanding barn, or the extra self-contained space could be used as a short term rental or office generating additional income. Aptly named The Barn, this bonus accommodation features a full kitchen with breakfast bar, a bathroom, living area and separate bedroom.

Throughout the home there are high ceilings, timber floors, intricate chandeliers, ducted air-conditioning. The property also has six large machinery sheds, offering ample scope for further agricultural pursuits.

Flowing along the property’s edge, Skinners Creek further sets the scene, while the location delivers the best of both worlds – Tintenbar General Store and local school are just 10 minutes away, while the popular Harvest Newrybar café is a 15-minute drive with Lennox Head and Ballina/Byron Airport also easily accessible.

Pecan Manor Estate is listed with Tezu Harrison on 0448 000 234 and Nick Dunn on 0448 301 111 of McGrath Estate Agents Byron Bay and is on the market with a price guide of $8 million.

MOST POPULAR
11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

35 North Street Windsor

Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

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