NEW YORK (AP) — A monumental 20th century masterpiece by German artist Gerhard Richter (GEHR'-hahrd RIHK'-tur) has sold for $37 million at a New York City auction.
Sotheby's says "Domplatz, Mailand" (DOHM'-plahtz MY'-lahnd) set a record for any living artist at auction. It was purchased Tuesday by a private American collector.
The 9-foot-by-9-foot oil was commissioned by Siemens Elettra (ZEE'-mehns eh-LEHT'-truh) in 1968 for its Milan offices.
It's considered an outstanding example of Richter's 1960s photo-painting technique. The work depicts a shopping center facing Milan's cathedral.
It was offered for sale by the Hyatt Hotels Corporation. Some of the proceeds will be used to acquire new art for its hotels.
Find out what Oscar winners Jared Leto and Lupita Nyong’o have been up to since the Academy Awards on Celebs Gone Social.
The Rock flexes massive muscle while getting sentimental on Celebs Gone Social hosted by Wonderwall editor Chris Gardner.
From Mila Kunis to Mary-Kate Olsen, get the scoop on all the engagements in Hollywood on Replay.
Find out where Drew Barrymore and Reese Witherspoon are and what they're doing on their latest "girl's trip" on Celebs Gone Social.
Rihanna, Katy Perry, and Heidi Klum all get an F on this week's Fashion Offenders.
Nicole Richie debuts a lavender hair color on Instagram on Celebs Gone Social. What does Kelly Osbourne have to do with it?
© 2014 Microsoft