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The $106.5-million Picasso and the Bel-Air house where it hung

May 5, 2010 |  9:58 am
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The art world is buzzing over the sale Tuesday night of Picasso’s “Nude, Green Leaves and Bust,” sold at Christie’s in New York for $106.5 million, making it the world’s most expensive artwork ever purchased at auction. The 1932 painting came from the estate of Frances Lasker Brody, wife of Sidney F. Brody, but it’s not just the Brody art collection that’s up for sale.

Brody2 The couple's Holmby Hills estate, pictured here with the Picasso on the wall at right, has gone on the market for $24.95 million.

Known for its fusion of midcentury architecture and Hollywood-style glamour, the 11,500-square-foot home was designed by A. Quincy Jones and decorated by William Haines in the late 1940s and early '50s.

Brody3Sidney Brody, a real estate developer who died in 1983, and wife Frances, who died in November, were art patrons and founding benefactors of the Los Angeles County Museum of Art. They  collected works by Picasso, Degas, Miró, Renoir, Giacometti and Bonnard, among others.

Some of the their most valued pieces were auctioned by Christie’s, and the results in this morning include a Braque that went for more than $10 million, a Matisse that surpassed $15 million, and Giacometti sculptures that sold for $20.8 million and $53.3 million.

A team of Christie's designers, including international design director Marissa Wilcox, created rooms inspired by the Brody estate to showcase the works for sale. Keep reading for pictures of those rooms.

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Above: One of the Brody estate-inspired settings created by Christie's to showcase the artwork for sale. “Nude, Green Leaves and Bust,” the Picasso that went for $106.5 million, is on the wall.

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Above: Another environment created by Christie's. The pieces on the transparent pedestals are, from left: Alexander Calder's "Red Spike," which sold for $1,538,500; Henry Moore's "Reclining Figure No. 4," which sold for $1,650,500; Alberto Giacometti's "Grande Tête Mince," which sold for $53,282,500; and Edgar Degas' "La Masseuse," which went for $458,500. 

You can find all of the results on the Christie's website. And if you're interested in the house, call Linda May or Jade Mills of Coldwell Banker Previews International of Beverly Hills, because right now you won't find the listing on the website.

-- Alexandria Abramian Mott

Photo credits: Brody estate photos by Kate Carr Photography; Christie's rooms by Rhea Karam.

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