Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • #CryptoCorner | Meghna Bal, Director of Esya Centre tells Manisha Gupta Due to higher taxes in India, a large percentage of crypto trade has shifted offshore @CoinDCX #CNBCTV18Market #cryptocurrency – LinkedIn
  • Muthoot Finance Q2 Results: Earnings beat estimates with highest ever gold loan AUM
  • Scotland a ‘safe bet’ for investors, Holyrood’s Finance Secretary insists
  • Princess Eugenie-linked art gallery is charged with breaching Russian sanctions ‘after supplying luxury goods to Moscow-based collector’
  • EU finance ministers wrestle with €140bn Ukraine loan as other options fizzle
  • “No art investing experience? No problem.” Masterworks announced that average investors can buy $20 shares in individual paintings often only owned by the rich. Zachary Small, a New York Times reporter covering the art world, explains why some experts s – facebook.com
  • MNCs unveil major strategies and increased investments in China
  • 5 Best Investments for the Upper Class To Make Before 2026
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Art Gallery»New York Gallery Settles with Collector Over Missing Stanley Whitneys
Art Gallery

New York Gallery Settles with Collector Over Missing Stanley Whitneys

April 2, 20243 Mins Read


A bald man in a velvet blazer.

Patrick McMullan via Getty Images

A New York gallery has agreed to settle a lawsuit brought against it by collector Andrey Isaev over its alleged failure to deliver two Stanley Whitney paintings collectively worth $5 million. 

Per a filing in New York Supreme Court on March 29, Isaev purchased from Manhattan’s Gary Tatintsian Gallery in February 2022 two Whitney oil paintings respectively worth $2.45 million and $2.8 million (for a total of $5.25 million paid). But the court filings say that the gallery never delivered either painting to Isaev. The collector ultimately accepted a “lower valued” Whitney painting in April 2022 for $1.85 million, with the explicit understanding that the gallery would refund Isaev the $3.4 million balance of the original purchases. 

Related Articles

New York Gallery Settles with Collector Over Missing Stanley Whitneys

But as of December 7 of that year, Isaev had received only $1.49 million (excluding interest), leaving almost $2 million still owed to him by the gallery. That August, Isaev filed a complaint in the United States District Court for the Southern District of New York for charges including “civil theft” and “fraud in the inducement,” referring to when one party is duped in a written agreement by inaccurate fraudulent statements.

Gary Tatintsian, a Russian art dealer and owner of his eponymous gallery, stated that the enterprise will pay Isaev $2 million, plus statutory interest.

In addition to his New York space, Tatintsian also runs a showroom in Dubai’s gallery district, Alserkal Avenue; a Moscow branch is listed on Google Maps as being “temporarily closed.” On its website, the gallery says it has in its inventory works by Frank Stella, Peter Halley, Christopher Wool, and Carroll Dunham, as well as international heavy-hitters such as Damien Hirst.

Tatinsian’s gallery and a legal representative for Isaev did not respond to requests for comment.

The Isaev lawsuit is one of several to have included Tatintsian in the past decade and a half. In 2012, Tatintsian accused Lew Nussberg, a Russian-born artist, art historian, and dealer, of selling him forgeries—which Tatintsian later sold to Russian businessmen for millions of dollars. In his lawsuit against Nussberg, Tatintsian accused him of lying about the ownership history, or provenance, of the works.

A series of complex legal battles followed in which an array of powerful figures became involved. A Moscow-based firm determined that the works were fakes, and Tatintsian refunded $3 million to dozens of clients who returned the disputed works. Nussberg maintained that he did not sell Tatintsian forgeries.

The lawsuit involving the two Whitney works was filed by Isaev in 2023, about a year after Whitney joined Gagosian, one of the world’s largest galleries. The initial lawsuit centered around transactions that allegedly took place in February 2022, around the time that Whitney’s market began to grow. In November 2021, Whitney’s auction record was set by the sale of a painting at Sotheby’s for $2.32 million. His work is currently the subject of a retrospective at the Buffalo AKG Art Museum in New York.

The online inventory for Gary Tatintsian Gallery currently lists four available paintings by Whitney, each a vibrantly colored, irregular grid: Forward To Black (1996), Lush Life (2014), Stay Song #24 (2018), and Monk & Munch 15 (2021).



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Princess Eugenie-linked art gallery is charged with breaching Russian sanctions ‘after supplying luxury goods to Moscow-based collector’

November 13, 2025 Art Gallery

Princess Eugenie’s art gallery charged with breaching Russian sanctions after ‘supplying painting to Moscow collector’

November 12, 2025 Art Gallery

‘A tipping point’?: Why this 1768 painting could be the real birth of modern art

November 12, 2025 Art Gallery

Earsham Street Deli to expand in to Bell Gallery in Bungay

November 11, 2025 Art Gallery

‘Your Worcester’ exhibition guided tours at City Art Gallery

November 11, 2025 Art Gallery

Norwest Gallery of Art set to close with final exhibit, ‘Water’

November 11, 2025 Art Gallery
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

#CryptoCorner | Meghna Bal, Director of Esya Centre tells Manisha Gupta Due to higher taxes in India, a large percentage of crypto trade has shifted offshore @CoinDCX #CNBCTV18Market #cryptocurrency – LinkedIn

November 13, 2025 Cryptocurrency 1 Min Read

#CryptoCorner | Meghna Bal, Director of Esya Centre tells Manisha Gupta Due to higher taxes…

Muthoot Finance Q2 Results: Earnings beat estimates with highest ever gold loan AUM

November 13, 2025

Scotland a ‘safe bet’ for investors, Holyrood’s Finance Secretary insists

November 13, 2025

Princess Eugenie-linked art gallery is charged with breaching Russian sanctions ‘after supplying luxury goods to Moscow-based collector’

November 13, 2025
Our Picks

#CryptoCorner | Meghna Bal, Director of Esya Centre tells Manisha Gupta Due to higher taxes in India, a large percentage of crypto trade has shifted offshore @CoinDCX #CNBCTV18Market #cryptocurrency – LinkedIn

November 13, 2025

Muthoot Finance Q2 Results: Earnings beat estimates with highest ever gold loan AUM

November 13, 2025

Scotland a ‘safe bet’ for investors, Holyrood’s Finance Secretary insists

November 13, 2025

Princess Eugenie-linked art gallery is charged with breaching Russian sanctions ‘after supplying luxury goods to Moscow-based collector’

November 13, 2025
Our Picks

Future-Proofing The Hybrid Workplace

November 12, 2025

Ambition Unveiled: Andhra Pradesh Targets $1 Trillion Investments

November 12, 2025

CEO of Binance Richard Teng on the future of cryptocurrency

November 12, 2025
Latest updates

#CryptoCorner | Meghna Bal, Director of Esya Centre tells Manisha Gupta Due to higher taxes in India, a large percentage of crypto trade has shifted offshore @CoinDCX #CNBCTV18Market #cryptocurrency – LinkedIn

November 13, 2025

Muthoot Finance Q2 Results: Earnings beat estimates with highest ever gold loan AUM

November 13, 2025

Scotland a ‘safe bet’ for investors, Holyrood’s Finance Secretary insists

November 13, 2025
Weekly Updates

Argentina opposition calls for impeachment of Javier Milei after cryptocurrency collapse – The Guardian

February 17, 2025

Art gallery’s website accounts for 50% of its business

February 14, 2025

Bills to strengthen regulations on cryptocurrency mining head to state House next week | The Arkansas Democrat-Gazette

April 25, 2024
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2025 Finance Pro

Type above and press Enter to search. Press Esc to cancel.