NYC Gallery Blitz, the Lucas Museum Arrives, a Messy Art Divorce

24 Sep 2026 · 45 min · 15 chapters

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In short

Three-part art-news roundup: (1) New York’s fall gallery openings and fairs, with a “cautious optimism” market mood and lots of conceptual/group-show energy; (2) the debut of the Lucas Museum of Narrative Art in Los Angeles, including its “narrative art” thesis and heavy Star Wars presence; (3) the ongoing, tabloid-covered divorce/legal saga of Libby and David McGrabi/Mugrabi, involving Basquiat and Warhol works, art-backed loans, and alleged hitman/“dog Botox” claims.

Guests

Min Chen (Artnet culture editor; traveled for openings; previewed Lucas Museum). Gabby Vidal-Irizarry (Artnet “Wet Paint” gossip columnist; attended ~20 openings; wrote the Libby Mugrabi story).

Key claims

Fall shows feel “safe” and product-line-like; Jordan Wolfson’s show is minimal but trollish; Lucas Museum is “visual storytelling” that overuses screens; Libby’s divorce fallout includes Basquiat/Warhol collateral loss and wanted posters.

Notable examples

Amant/Lantie Ebers “Sentient Earth”; Maxwell Graham with Michael E. Smith; Anna Wyant/George Roy/George Zorners; Jordan Wolfson at Gagosian (9/11 + porn-cartoon imagery); Mark Cocopelli at Gladstone; Anna Maria Maiolino at Hauser & Wirth; Lucas Museum spaceship design by Ma Yansong; Basquiat “1982 self-portrait as a haloed Christ” and Warhol “Jackie” loan/foreclosure details; Hamptons sidewalk foreclosure auction; dog “Botox.”

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

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Discussion on New York's Fall Art Season

0:40 to 3:18

Exploration of the fall art season in New York and its significance.

“This year, they're even more closely scrutinized, given how uncertain business has felt behind the scenes.”

Art Highlights from Gallery Openings

3:18 to 6:41

Chat about significant exhibits and artists from recent gallery visits.

“Artnet's Katya Kazakina had a season opener column called Less Is More, The Art World's Season of Recalibration, that investigated how dealers were planning for the fall.”

Trends and Observations in Art

6:41 to 9:56

Insights into current trends in the art world and gallery dynamics.

“fuzzy nudes like big crowds of fuzzy nudes and leaves me utterly cold.”

Jordan Wolfson's Controversial Show

9:56 to 14:00

Analysis of Jordan Wolfson's recent exhibition and its cultural implications.

“I went to the Jordan Wolfson opening at Gagosian Gallery.”

Exploration of Contemporary Art Shows

14:00 to 17:46

The hosts discuss various contemporary art shows and their observations.

“I was disappointed, but what else was I supposed to feel?”

The Lucas Museum of Narrative Art

17:46 to 21:38

The hosts delve into the history and significance of the Lucas Museum opening.

“and we should really turn to your recent travels.”

Concept of Narrative Art

21:38 to 25:08

Discussion about the definition and implications of narrative art at the museum.

“You know, Mary Cassatt's Painting of Mothers, Frida Kahlo's Self-Portrait.”

Art Juxtaposition and Star Wars Influence

25:08 to 28:00

The hosts explore the juxtaposition of artworks and the influence of Star Wars in the museum.

“That painting that I mentioned I mean dogs playing poker is in there Exactly, exactly I mean Lucas has said himself it's the people's art so it's not necessarily art in the canon.”

The Lucas Museum and Star Wars Influence

28:00 to 29:20

Explore the intriguing parallels between the Lucas Museum and Star Wars.

“I remember watching a documentary about the making of the first Star Wars.”

Transition to the Big Art Heist

29:20 to 29:50

A segue into discussing a dramatic art heist story involving the Mugrabi family.

“So to sum up before we move on to the next item, in one line, your review, is it more original trilogy Star Wars or is it more Star Wars prequel in terms of quality?”
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The Mugrabi Divorce and Art Collection

29:50 to 35:56

Delve into the details of the Mugrabi divorce and its impact on art ownership.

“Gabby, you've been writing our wet paint column, and you have this story.”

Art-Backed Loans and Legal Troubles

35:56 to 37:58

Learn about the complexities of art-backed loans and their consequences for Libby.

“And so she pledged essentially this Basquiat.”

Wanted Posters and Performance Art

37:58 to 42:03

Discuss the bizarre use of wanted posters in the art world and potential performance art.

“you put up a Basquiat as collateral for a loan, and then you don't get a loan, but you lose the Basquiat and a Warhol.”

The Turmoil of Libby McGrabby's Art World

42:03 to 43:46

Explore the complexities of Libby McGrabby's plans and controversies in the art scene.

“story she says i'm moving to florida yes i'm over new york and the pain caused by the art world and that she plans to open a foundation dedicated to showcasing fashion and art when she's settled in Florida?”

Closing Thoughts and Acknowledgments

43:46 to 44:21

The hosts wrap up the discussion and thank the guests and audience.

“There is will undoubtedly be much more on the Libby McGrabby beat to come, right?”
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Transcript

Automatic transcript. May contain errors.

0:00Pixar style animation and it's very graphic. so you're looking horrified I'm confused there's like also images of Michael Jackson and Trek right yeah it's button pushing

0:21I'm Ben Davis and this is the art angle a podcast from Artnet News

0:33for many many reasons it has been several months since we have done one of our art angle chat casts where we assemble writers to talk about a few different news stories on the site but it's and we're finally back at it today we'll be talking about three topics first here in new york The fall art season kicked off with literally hundreds of gallery openings, followed by a bunch of fairs this week. The fall openings are always an event. This year, they're even more closely scrutinized, given how uncertain business has felt behind the scenes. We'll talk about highlights and observations from the galleries.

1:08Second, on the other side of the country, in Los Angeles, the Lucas Museum of Narrative Art has finally debuted. the brainchild of Star Wars maestro George Lucas and his wife Melanie Hobson the long in the works billion dollar institution has its own quirky vision of art we'll talk about what that is and whether it works and finally we'll talk about developments in the truly epic divorce of Libby and David McGrabby which touches on hundreds of millions if not billions of dollars of art I don't know if we'll even get to all the details but the story involves a very important Jean-Michel Basquiat painting allegations of someone hiring a Russian hitman and a dog named Botox.

1:48With me to talk about these matters, first of all, is Min Chen, culture editor of Artnet. Min, how are you? I'm great. Thank you for having me. You've been traveling a lot, haven't you? How are you feeling? I am feeling tired, but inspired. Ready to go. Yeah, ready to go. Okay. And alongside Min, a relatively new face and voice on the Artnet team, Gabby Vidal-Irizarry, who writes Artnet's weekly gossip column, Wet Paint. Gabby, It's so great to get you behind the mic. Thank you, Ben. I'm excited to be here. I imagine that the opening of the fall shows and this week's art fairs are a pretty busy time for wet paint.

2:25How are you feeling? I mean, last week, candidly, I had to take the week off. I was burnt out by all of the openings, to say the least. I think I went to like 20 things and I lost my voice and literally couldn't talk to anyone. So needless to say, I'm very excited about this week. I'm excited for the fairs. It's kind of like going to a car dealership in a way, but I'm looking forward to it. Okay. Well, I'm glad to have coaxed you back from your rest so that we can get the benefit of all that gallery going you've been doing. So usually we start these chats by talking about highlights of art we've seen recently, But I just want to dive this week straight into the conversation because actually our first item is just what's going on in Art in New York.

3:18Artnet's Katya Kazakina had a season opener column called Less Is More, The Art World's Season of Recalibration, that investigated how dealers were planning for the fall. She joked that Ozembic is a drug of choice these days, not cocaine, meaning the mood was leaner and more clear-headed. Min, you've been on the road, but Gabby, you and I have both been out looking around. What does it all feel like? Is there art that sticks out to you? Yeah, I think that's a fairly true assessment on Katya's part. That's a really funny joke. I'm just kind of thinking about sort of the conceptual shows I've seen, specifically the Sentient Earth show at Amant, Lantie Ebers.

4:05Oh yeah, I was there too. I think we just narrowly missed each other at the opening. Yeah, it was incredibly crowded with a lot of young sort of downtown Ridgewood, Brooklyn types, which is very shocking. It seems like the youth is very excited by conceptualism and to that same sort of note, Maxwell Graham, which just opened a space in Tribeca, has a show by Michael E. Smith, and that's been getting a lot of praise. Yeah. Yeah, yeah. A lot of praise for, I mean, you have to describe that show because if you're not, haven't got your head deep in a conceptual art hole, you might be totally baffled when you walked into the gallery.

4:47Completely. I mean, you could essentially miss it. And you could essentially also think that maybe Maxwell Graham is still setting up their gallery space because the show is so conceptual and minimal. Like it's essentially like a hanging drape or something perched on a folding chair, etc. Yeah. I know you said in the lead up to this that you felt like conceptualism was having a moment. Does that feel like the vibe? To me, it feels very decorative. And I feel like that's sort of a manifestation of what Katya is talking about. That feels like safe. Yeah, it is safe and maybe it's like lower production value.

5:24I think overall, the mood that I've noticed and when I've asked people how they feel, it's like cautious optimism. And I think also conversely, that's kind of reflected in sort of Zorner's approach, like Anna Wyant's and sort of banking on a young star or George Roy at Hauser. man you know i i was giving a talk uh the other week and uh in the q a someone asked me do you think that there's a conspiracy to make george roy the next big thing and i had actually never heard of the guy i i know i know that's crazy because he's like this hot um young painter but i'd never heard of him and so i was just like i can't comment on any yeah that's funny i feel like he has all the tools to become successful like he's young and hot and like literally hot exactly um and he's he's english i believe but um i remember learning about his work on this auction website maybe it was honestly platform david zorner's digital auction initiative that was interesting because the opening goers were much older and seemed more seasoned than the crowds I experienced at other galleries that day.

6:40Yeah I mean the paintings are like these fuzzy nudes like big crowds of fuzzy nudes and leaves me utterly cold. Sex party decor is what it looks like. Yeah it felt like there's kind of like a horny vibe. Also Carol Dunham's show at Matthew Brown I kind of laughed because I saw Dana Schutz pointing at this painting and it really looks like ass play for lack of a better word or term but i was just there you go there's the big trend for the fall yeah so we'll see i'm curious coming off katya's piece definitely it's been a difficult art market but did this season feel any different did you see any galleries playing it safe or were they taking risks nonetheless it feels like same old same old i I don't know.

7:31My hope was to sort of do this diaristic entry last week, chronicle the Tribeca and Chelsea openings, but that didn't work out. And then I have been thinking about trends. For me, the shows I've enjoyed the most are kind of the ones that were delayed and were supposed to be the summer group shows. Right. Like Jenny's and Tenko Presents has a show up at No Ink, this modeling agency that's sort of anchored in this John Waters sculpture of a popper's bottle. Yeah, okay, there it is again. There is a kind of a low-key debauched vibe. I think so. Decorative but debauched? Yes, yes, I think so. And then what's another show?

8:13I went to Times Square Space and saw a show called Live Sex Acts. So again, kind of hunkering down on this theme, but it has a lot of amazing photography from Times Square Sex Acts. So that's interesting. I mean, observation. I do think something I've been thinking about is that I do think part of the maybe back to basics approach of the art world right now is just selling the idea of the art world as a cool place to be that's one observation which includes a lot of stuff that's like touches on you know the the delights of the social scene and then uh yeah interesting you mentioned the group show thing because a takeaway that I had from my pass through of the galleries is that a lot of the energy to me seems to be in group shows, which is unusual.

9:06Usually I think to myself, you know, like, why bother with the group shows? You know, because with one artist, you can really drill into a single idea and stuff. But, yeah, it's almost like that the group shows capture more that social energy. I think the show at the Hill Art Foundation right now, Thucydides' Fever Dream which is about Chinese artists responding to the US and US artists responding to China. It's a really brainy show but it really had ideas in it and it really felt like all the artists were activating each other and it was also nice to see a big slice of younger Chinese artists too because I feel like weirdly the artists, in my opinion have sort of fallen off the art world's radar for a little while.

9:50Any other trends you're noticing? Any aesthetics in play? Well, look, I think there's a lot of pretty painting. I went to the Jordan Wolfson opening at Gagosian Gallery. This is one of the big highlights of the fall, specifically because I wanted to see if that represented something different.

10:19and it's a combination of kind of like 9-11 trolling and cartoon pornography. The press release is very indirect. Like it is like kind of a surprise box show and then you go in and there are these giant hulking blown up images leaned against the wall and they're like fanged. They have these giant spikes on them. It looks like vampire castle decor and then the images are a combination of pictures of the Twin Towers and then kind of pictures that clown on various art world controversies so like Jordan Wolfson kind of bad boy artist Jeff Koons is one of his heroes so there's a joke about Jeff Koons favorite famous series Made in Heaven, which is his pornographic works where he actually, they star him.

11:13And it's a famous image from that series, only redone as like Pixar-style animation. And it's very graphic. So you're looking horrified, man. I'm confused. There's like also images of Michael Jackson and Shrek, right? Yeah, it's button pushing. You know, it feels like every image, and he's good at this, Every image is trying to push prod you a little to troll you a little. But to be honest, what I took away from it is this felt to me like a throwback to what was going on 10, 15 years ago in post-internet art. You know, like a gallery full of images that feel like they're weird stuff called from digital archives from the internet, reframed as art with a certain kind of dark energy that's about how melted things are now.

12:10Aside from the slightly slimmed down, and now I guess I am getting maybe a slightly party mode vibe. Certainly not topical. There's not a lot of topical stuff. One thing I was thinking is like, Gabby, I don't know. I felt like there was a little bit of a throwback. like a little bit of the indie sleaze throwback i mean like nate you got nate lowman doing these giant paintings of keys and i was like at the heart of chelsea um ed's werner and i was like yeah it feels like people are betting on like a return to the naughty oddies or the early 2010s yeah i feel like we're almost at the end of it though or aesthetically and maybe that's why like I didn't get a chance to see the Jordan Wolfson show.

12:54I only saw it in Instagram stories and I was really upset I didn't go because the sculptures slash works, whatever, looked so funny. They are laugh-out-loud funny. They are sort of internet troll-y. They do kind of also make you, yeah, then you question why am I laughing because it's supposed to put you in a kind of uncomfortable position. I mean, that's kind of his aesthetic. Completely, but it feels like also Because when I think of indie sleaze, I think about the 1980s weirdly and sort of like this excess and politically sort of what is going on in the United States and the world is kind of reminiscent of it.

13:35But for some reason, I feel like the Wolfson show specifically, people were expecting to be sort of shocked because he's so good at shocking people. and it was much more minimal than what people expected. But then it's funny, there's just this cult around him where I talked to someone who went to that after party and their assessment was like, I was disappointed, but what else was I supposed to feel? And like, isn't that kind of the genius of - Yeah, our colleague Andrew Russeth interviewed him in the lead up to the show and Wolfson didn't want to talk a lot about the show. I think kind of its effect is inseparable from its surprise, which makes me wonder how prime they are to last.

14:27But he said, this is a very traditional sculpture show. I have yet to do one and it feels like the time to do it. And that's the other thing, my observation about that show is it was like serial production. It's a product line. It is a bunch of things that have this very signature frame, which incidentally at the opening, which was like packed, there's a line to get in. And it did feel like a joke about the art world, like from a satire of the art world where there are these like actual deadly paintings. Like it wouldn't take too big of a mistake for someone to fall and hurt themselves on one of those spikes.

15:06and as more people packed in, I did feel like I was in the trash compactor from Star Wars and then these kind of like meme-y jokes glaring at you and then like very chic people and very frumpy me there trying to have a conversation in front of it. But in case, my observation is it felt like a little bit like a product line and that's how I felt like a lot of the art that I just noticed a lot of art where it was like, I'm unveiling the new product line. Yeah, that makes sense. And I kind of agree with that assessment. A show I loved was the Mark Cocopelli show. Yeah, I do want to say at least one or two things that we like before we move on because I think there was a lot of good stuff.

15:51So, yes, Cocopelli. Cocopelli. Uptown. Uptown. I've yet to make it. At Gladstone. And the last show I saw of his was at Rena Spallings. This is the artist who was in greater New York who did sort of South Park inspired works. Yes, like a Cartman fridge microwave. I don't know how else to express it, but he works primarily in video and sculpture and sort of has a sense of humor and has sort of a product line maybe if we're going to go with this Jordan Wolfson analogy, but way more quirky, like Etsy seller versus sort of mass produced Tesla or whatever if Wolfson is Tesla. Coco Peli's Etsy but it was just very whimsy and fun and daring and it just reminded me of like Alex Bagg in that sense it is nice to see galleries take risks like that and I was talking to this artist Genevieve Goffman and she was just like it seems like some people are still having fun making art despite it all yeah well I mean and I I am totally pro-fun I do think it's notable that The times are very melted, and that is not the vibe.

17:01It is not the time to talk about current events. One of my favorite shows is an artist named Anna Maria Maolino at Hauser & Wirth, who's a very storied Brazilian artist who got the Golden Lion in Venice for Lifetime Achievement a little while ago. It's almost like a mini retrospective of her work. and some of it touches on life during the dictatorship in the 1970s. It was just really nice to see something in that depth, that kind of subject matter. And also just, she's a very interesting experimental artist and also just the depth of it. But I feel like we've kept you silent long enough, Min, and we should really turn to your recent travels.

17:52So over here, the galleries are opening, but something much, much, much more consequential was happening on the West Coast. What was that? The Lucas Museum of Narrative Art, which is opening this week after a decade of delays. It's finally here. And it has been quite a saga to get the museum to this point. Ten years ago, there was the long back and forth on where it's going to be. it's going to be in Chicago or San Francisco. Los Angeles was finally selected and the museum broke ground in 2018. The pandemic happened. That meant its opening date kept getting pushed back. I think it was last year when they decided 2026 is when they were going to open.

18:36But along the way, they lost some key personnel. The CEO, Sandra Jackson-Dumont, stepped down and then its chief curator, Pilar Tompkins-Rivas, also left. And the CEO role has been filled by Tracy Bates, who has been a longtime advisor to the founders, George Lucas and his wife, Melody Hobson. They have not filled the chief curator position. But Bates did recently say to the New York Times that Lucas has always been the chief curator of the museum, which is telling. But then again, the museum was founded on Lucas and Hobson's collection. And I did get to preview the museum earlier this month, and Lucas was at the press event.

19:19He gave a little speech, and again, reflecting on this long journey to get the museum to this point, he did say that I'm used to doing the impossible, but this one almost broke my will. But I think, to me at least, it paid off. I loved it. It's a great museum. It's not without its flaws, but I totally enjoyed it. Well, I want to take advantage of the fact that you've actually been out there and been through it. I mean, just tell people who haven't been. It looks like a spaceship. It does look like a spaceship. And actually, the architect is Ma Yansong, who was actually picked by Lucas because Lucas saw one of his museums in the Gobi Desert.

19:59I believe it's called Ordo's Museum, which Ma actually designed after a spaceship he saw in Star Wars. So it's a full circle moment. And yeah, Ma was at the press event where he talked about visiting the site. And he was actually inspired by the nature surrounding the site and the clouds. The clouds were like his inspiration. But yes, it looks like a spaceship. But yeah, within we have Lucas and Hobson's vision of narrative art. Okay, so what is that? I'm curious. What do you think narrative art is? I don't know. I pass. Gabby. For me, film is like the most narrative art. But it's like about storytelling.

20:35But yes. based off of the art collection they have, it's a bit confusing. Yeah, yeah. I mean, you got it. It's visual storytelling. And that's something that Lucas talked about at the opening. Narrative art is about art that tells stories. And of course, a lot of art tells stories. Well, what art doesn't tell stories? I know. Are we talking just, he doesn't like abstract art? Yes. Yes. But, you know, the museum is really focused on images that illustrate shared beliefs and our myths and our imagination, things that bind us together as a society. So definitely you're not going to see a Pollock there.

21:10Well, he loves Norman Rockwell. So I know that it does have a very famous Norman Rockwell where it is kind of Norman Rockwell clowning on Jackson Pollock where it's an illustration of a painter at a canvas of a Jackson Pollock and he's doing a very credible illustration impression of Jackson Pollock. Yes, there are a lot, a lot of Norman Rockwells in there. But I think the term narrative art, again, just to go back, it's specific, but I also find it quite expansive. Like when you first hear, you think about film, illustration, comics, you know, but they also cover a ton of work. You know, Mary Cassatt's Painting of Mothers, Frida Kahlo's Self-Portrait.

21:48You know, it's harder to think of art that doesn't tell a story, I feel. Yeah. Yeah. It is interesting because not recently, but in generations past, illustration, to call something illustration would have been a negative. Like in the, you know, 50 years ago or even more than that, you know, 80 years ago in the heyday of abstract expressionism, like they hated surrealism because they'd say, you know, this is like illustration. It's illustrating concepts. Your article about it points out many interesting juxtapositions, including a Frida Kahlo with a Batman costume. Sure, yeah. The Frida Kahlo self-portrait is across the comics gallery, so there are some interesting juxtapositions there.

22:35And I think it goes towards Lucas's mission of celebrating illustrators who are often overlooked. They deserve to be on the museum wall next to a Picasso, next to a Mary Cassatt, you know. And the museum does have an introductory gallery with an exhibition called The History of Narrative Art, where it takes you through, you know, cave paintings, royal portraits and depictions of like legendary battles and even the Sistine Chapel. And it's putting everything on the same level and just saying that this is visual storytelling that has developed and evolved throughout the ages. It's something we all share.

23:12They deserve equal footing. Yeah, I mean, I guess for me, one thing that the narrative art emphasis brings out is an emphasis on story over object, maybe. Like, it is a very different vision of art that he's offering. And I'm just trying to get to the bottom of what it actually ends up implying, because a lot of this is art like comic book art that was meant to be then reproduced, for instance. and correct me if I'm wrong but you said that in the opening galleries it even like a lot of art is presented on screens? Yes, it is very, very bizarre and I don't think it's the effect that they're aiming for like I would say some replicas, some recreations are great the Sistine Chapel, the cave painting, all that is great but then it does get very excessive because it's basically just shining light into your eyes the whole time and you're looking at a portrait of Henry VIII you're looking at Caravaggio's card players and it's just excessive, I feel.

24:13They could have just turned the entire gallery into an immersive experience. The Sistine Chapel was excellent. They should make the whole thing that way. As in the video experience of the Sistine Chapel? Yeah, it's just a projection in a room in an environment of the Sistine Chapel. It's great, but I think keep it to a minimum because there are actual paintings in the gallery. And so you're going from dimly lit to brightly lit and it's just too much. industrial light and magic is what you call that go to the fourth and fifth floor galleries those are excellent a lot of work is laid out a little bit too much but if you're a fan of comics and you know norman rockwell i mean that places for you sci-fi fantasy art it's amazing to see but you also get a lot of high art yeah i guess i guess that's one way to say it it's it's actually it's art history told through Norman Rockwell instead of Jackson Pollock it is Norman Rockwell.

25:09That painting that I mentioned I mean dogs playing poker is in there Exactly, exactly I mean Lucas has said himself it's the people's art so it's not necessarily art in the canon. It's art you see every day it's art on a magazine cover on a record cover so those illustrators, those designers those artists are often forgotten in the shadows and this is him celebrating them and bringing them out of shadows. Do you feel, I don't know, does this concept of narrative art resonate with you, Gabby? Not particularly. I don't know. It's a nice idea to sort of have galleries unfold under themes like history and motherhood and childhood.

25:47There's a simplicity to it that I think could be good for the general public that isn't necessarily inclined and there's something so daunting about approaching art through history, the historical lens sometimes, but But I also just like looking at your article, and in some of the images, it's like seeing this Robert Colescott, I'm just like, this is crazy. I saw that at the New Museum. It's here, and it's hung in such a different way. What is that painting? Describe it for the... Well, it's George Washington Carver, so it's essentially a replica of George... Not a replica, but it's an ode. Ben, you'll do such a better job at describing this.

26:27Well, no, it's an homage to Washington Crossing of Delaware, but with George Washington Carver in the George Washington position. But it's in the middle and it's like flanked by two historic paintings. But I wonder if like, if George Lucas is indeed the curator of the museum, the more you talk about this and the more I think about it, I'm like, oh, I wonder if this is sort of his director brain. And there's sort of a disparate range of references that he's thinking about when he's directing movies or like themes or like a storyboard and this is it kind of all coming together and in that way I think those digital screens are ineffective and it would be almost more nice to like see them printed out or like vitrine style momo with notes or something because it just reads a bit static and then compared to the outside of the building it's just very disorienting whereas like you describe a digital production of the Sistine Chaplet and I'm like oh that makes sense in this spaceship sure yeah yeah 100 there's like a futuristic theme in the first gallery but that doesn't actually carry into like the upper galleries and I agree it's a bit like going inside George Lucas's brain where he sees connections and you're supposed to stand in the gallery and figure it out yourself you know and the senior curator Ryan Linkov did say that But you do see them, these paintings having conversations with each other.

27:56You do see different perspectives emerge, having them juxtaposed against each other. I remember watching a documentary about the making of the first Star Wars. And talking about the first cut was a mess. And they went back and the famous dogfight scene, when they're escaping the Death Star, that it wasn't working. And so he just cut together footage from World War II dogfight scenes. and then just do that. Overlay those images. So it is interesting because the movie is, the museum seems to be like that. It's like here are these images that have these storytelling moments that provide a visual language you can draw on for your own stories.

28:36It's almost like his collage of art history. Fascinating. And so there is Star Wars in it. I mean, it's not a Star Wars. They're at pains to say it's not a Star Wars museum, but there's some of that there, right? And how much is that of an attraction of it? There's a ton of Star Wars stuff. So there is a cinema section, and the only cinema in there is Star Wars cinema. So you get props, costumes, models, concept art, all Star Wars. That room was packed on opening day because this is all from George Lucas's archive, and it's a major franchise. And I have a feeling they're using the Star Wars to draw people, at least for the opening to the museum.

29:21So to sum up before we move on to the next item, in one line, your review, is it more original trilogy Star Wars or is it more Star Wars prequel in terms of quality? I'm going to go with the sequel trilogy. It's the most recent one. Wow, okay. Because it's nostalgic. There's a little bit of new stuff, but overall, you know, it's a trip. It's a trip. But yeah, crell-pleasing. Well, moving on to another very dramatic story. Gabby, you've been writing our wet paint column, and you have this story. It is titled, The Biggest Art Heist of the 21st Century, According to Libby McGrabby. What is going on?

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30:07It's very complex. A lot of moving parts. Can you explain this to us in a way that makes it all clear? I will do my best, Ben. There are a lot of moving parts. But it's worth it. It is worth it. It is quite entertaining. But most people are familiar with the Mugrabi family, collectors of Basquiat's and Warhol's. David is one of the sons, and he married Libby Mugrabi, who was kind of a socialite. in her own right, and they were happily married. This was in 2015, I believe, and they bought a house in the Hamptons. And according to Libby, she woke up from a nice snooze and walked down the stairs and found allegedly her husband there with another woman, with the Richard Prince, as the backdrop, which is a really crazy sentence when I think about it.

31:10But yes, so they filed for divorce and sort of a lengthy legal battle ensued, but not too crazy. She walked away with reportedly a$100 million settlement and a little art collection of her own. Because the McGrabbies are the biggest collectors of Andy Warhol and their collections valued like billions of dollars. Exactly. A pretty good... And astoundingly, they had no prenup in place? They had no prenup, which is very surprising and maybe speaks to a testament of their love or just like naive belief. My mom does prenups, so she was actually surprised. That was her first comment when she read my article.

31:53But they did not have a prenup. It's funny also, I've thought a lot about what art she got to keep and obviously she wasn't able to tell me a lot. But what we do know is essentially that two of the holdings were the subject of lengthy legal battles, which I'll get to. But prior to that, I think it's worth mentioning Libby considers herself to be an artist in her own right. She has a streetwear brand called Le Cher and it makes hats mostly, but also like some sweatshirts, but also produces clothing. And during their divorce proceedings with David, because they were such high-press events, it feels like there were some theatrical displays.

32:41Like, for example, at one point, she showed up to a family court with, like, a bulletproof vest from her own fashion line. Oh, I didn't realize the bulletproof vest was from her fashion line. It was a streetwear bulletproof vest? Yes, it was. And she wore it because reportedly, to her belief, David had contemplated hiring like a Russian hitman. But needless to say, this story has been going on for a very long time and there have been multiple developments. But really, the major outlet that covers it is the New York Post. There was a very good New York Times article about it. essentially the developments are that a few weeks ago about two weeks ago the Hamptons estate that she got sold at a foreclosure auction on the sidewalk of the South Hampton town hall which is just very strange if you've ever seen an art auction or like a great properties auction you can think of a closed room environment with people kind of dressed in suits and whatnot and this was like a group of 10 people wearing like khakis and polos just kind of talking to each other on the street on the street and i was lucky enough to see a video of it and it is it's like cuckoo bananas yeah i'm like i wonder if there should be like a world star for sort of like art world auction drama or something her sister is overbidding everybody and finally gets the winning bid and is like i have to run to the bank to get the collateral that never comes back or something like this.

34:15Exactly. There were 10 bidders total and her sister placed the winning bid at$7.8 million. She just had to run to the chase to get a certified check. And this was much to sort of the disappointment of the other bidders who would come with certified checks in hand because apparently that's sort of the standard for foreclosure auctions of Hampton's Palaces. I didn't know. It was my first time learning. And she never came back. Strangely not something that comes up in my life. Yeah. Personally. Unfortunately. And while essentially she was at the bank, Libby's mother was there along with her little, just based off of the video, he looks like a Bichon Frise or like a Maltese.

34:58And his name is Botox. This is her dog. Kind of getting into it with an auctioneer and being like, wait, you have to wait. She's coming back. We have the money, like literally showing accounts or something on her phone. And eventually the police was called and Mugrabi's family sort of like dispersed. And then the house was purchased by someone else. Although The Post had an article this weekend, I think, that technically she's refusing to leave the house. You know, it's a developing story, folks. So, you know, check in with us or with your tabulate of choice. Yes, exactly. Reportedly, she's trying to hang on to the house.

35:42But I guess it's like, how did we get here? How did Libby sort of lose the house? And I think that the article is mostly about sort of these financial problems that ensued post-divorce. She was working with a financial advisor who introduced her to ACG, Art Capital Group, which is a lender that makes art-backed loans. And so she pledged essentially this Basquiat. that's where it becomes a real art story because Basquiat gets involved it is crazy that these paintings are worth as much as Hampton's real estate all these years in art that still blows me away how much of the assets of these very wealthy people are tied up in these trophy works of art so this Basquiat in question is a 1982 self-portrait of Basquiat as a haloed christ and he's under a moon and it was in his breakout show at anina no say and at the time it sold for 1200 which is crazy because she values it at three million dollars now but also just reading court proceedings and having worked at galleries myself like appraisals are such an interesting thing and like thinking about how much a thing is actually worth And then in this case, you know, she pledged it was worth$3 million and the loan never came through.

37:16She never got the loan and ACG essentially kept the Bosquiat reportedly. Separately, she pledged another work of art, which was a blue Andy Warhol Jackie, which she valued at$1.5 million to cover legal fees. and they kept the Warhol. And Libby's legal team felt that this wasn't necessarily fair given that the loan never came through for the original Basquiat. Eventually ACG sold that Warhol. Libby was disappointed and this part of the story is a bit unclear. A lot of it's unclear to me. Yes. Yeah, it's kind of crazy. you put up a Basquiat as collateral for a loan, and then you don't get a loan, but you lose the Basquiat and a Warhol.

38:09How does that work in art lending? I mean, I'm not too sure, but I think ultimately it's like, this is sort of maybe one of the plights of being rich and famous. It's like sort of, not famous, but rich. Locally famous. Tabloid famous. Tabloid famous. It's sort of the maintenance and the prices And the New York Times article that covers this talks about their monthly expenses. And it's like a million dollars, I think, in monthly expenses. So it's a lot. But yes, they sold the Basquiat and Libby reported it stolen to the police. Oh, yeah. There's this whole part of this story that involves like wanted posters that she put up of the Basquiat.

38:53Am I correct about that? Yes. I'm doing a bad job. Essentially, I'm doing a bad job at explaining this. But prior to ACG selling this Warhol, they took the Warhol from her property. And then they were informed of these wanted posters bearing the faces of ACG's firm executives and Libby Mugrabi's financial advisor responsible for introducing Libby to ACG. on the poster listing like their names their ages their ethnicities a photo of the war hall in the corner and then a ten thousand dollar reward to anyone who could locate the war hall so the post essentially alleges that they were papered around east hampton and the Upper East Side, which seems logistically difficult, but I guess you could get someone to do that for you.

39:55Whereas Libby's boyfriend, situationship at the time, when I spoke to her, I said boyfriend and she corrected me it was a situationship. Told the New York Times. Self-described situationship. Yeah, that he made those posters and they were never intended for sort of distribution and ACG was sent it essentially, but unclear how the press got it. so Libby being an artist is this some kind of elaborate performance artwork for her because it's just wild totally I was actually having that thought if you look at my article and I kind of wanted to include this photo of Libby with her artwork it's sort of this insulation of shark inflatables tied to like a sherpa egg chair I love saying sentences like that but I asked her what sort of the sharks symbolize.

40:49And she was like, well, what do Damien Hirst's sharks symbolize? Yeah, I think it is. And I'm also thinking of like - The answer to that is the physical impossibility of death in the mind of one living. Yes, exactly. Could you just repeat that? Just to quote the title. There's a factual answer to that question, but she's getting at something else. Yeah, I think she is. I'm almost reminded of like Lee Lozano's exercises, right? Like, I'm not going to talk to anyone for whatever. And it's like, I kind of feel like it could be this elaborate performance of like, I'm going to have every lawsuit possible.

41:27I'm going to like. Yeah. You said you suspected she had a lawsuit fetish. I did. Yeah, I do. Essentially, the latest development is she lost that Warhol. They sold that Warhol. But the Basquiat, a judge has ruled, could potentially go back to her. which is exciting well i would say um all kidding aside uh these things are difficult to assess because they're um divorce proceedings and everybody is presenting their own side their lawyers and their teams are massaging the narrative either way um i think it's in your story she says i'm moving to florida yes i'm over new york and the pain caused by the art world and that she plans to open a foundation dedicated to showcasing fashion and art when she's settled in Florida?

42:19Yes, exactly. But then this story over the weekend said she's refusing to leave the Hamptons' house. I mean, completely. At the time when I spoke to her, she seemed very sort of over New York and the art world and the toxicity of it. She alluded a lot to Jay-Z, which I thought was very funny. in what way she's just sort of making this parallel of like maybe grit and the culture as she called it and sort of like hip-hop culture specifically or just think about Basquiat and how it took so long for that market to grow at the time like they're very painful interviews of Basquiat speaking to people where they're like demeaning and saying things about his appearance I think she, for the most part, has expressed this feeling of not being accepted in this elite and wanting to almost make like a George Lucas museum style thing with like sneakers next to like a Basquiat or something in Florida.

43:25But she's staying in the Hamptons. Yes. Because she's gritty. Well, unclear. I mean, Ben sent that article and I have yet to text her to see what's going on. But if the weather's like it is in New York City, I'm sure the weather in the Hamptons is really nice. Well, I guess watch this space. There is will undoubtedly be much more on the Libby McGrabby beat to come, right? One hundred percent. I am happy to wager a bet that there will be more developments. I think there are like 10 lawsuits total, but don't quote me on that. But there are a lot spanning a variety of topics. So, yes. Well, Gabby, thank you very much for joining us today.

44:15Thank you, Ben. And Min, always great to talk with you. Thanks, Ben. That's it for this week's episode. The Art Angle is produced by Sonia Manalili with contributions from Ben Davis and Caroline Goldstein. Thanks for listening and see you next week.

44:32Thank you.

From the publisher

For many, many reasons, it has been several months since we have done one of our Art Angle chat-casts, where we assemble writers to talk about a few different news stories on the site. But it's September, and we're finally back at it.

Today we'll be talking about three topics:

First, here in New York, the fall art season kicked off with literally hundreds of gallery openings, followed by a bunch of fairs this week. The fall openings are always an event. This year, they're even more closely scrutinized, given how uncertain business has felt behind the scenes. We'll talk about highlights and observations from the galleries.

Second, on the other side of the country, in Los Angeles, the Lucas Museum of Narrative Art has finally debuted. The brainchild of Star Wars maestro George Lucas and his wife Mellody Hobson, the long-in-the-works, billion-dollar institution has its own quirky vision of art. We'll talk about what that is and whether it works.

And finally, we'll talk about developments in the truly epic divorce of Libbie and David Mugrabi, which touches on hundreds of millions, if not billions, of dollars of art. I don't know if we'll even get to all the details, but the story involves a very important Jean-Michel Basquiat painting, allegations of someone hiring a Russian hitman, and a dog named Botox.

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NYC Gallery Blitz, the Lucas Museum Arrives, a Messy Art DivorceThe Art Angle · 45 min
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