Offered at the Sotheby’s New York Impressionist & Modern Art Evening Sale of 14 May 2019 with an estimate of US $6 – $8 million, Gustave Caillebotte’s “La Rue Halévy, vue du sixième étage” (oil on canvas, 1878) sold for US $13,932,000 (with fees).
Hasso Plattner, co-founder of the German software company SAP, SE, is said by The Canvas to have purchased the painting. Mr. Platter founded the Barberini Museum that opened in Potsdam in 2017. A member of “The Giving Pledge” established by Bill Gates and Warren Buffett, per Forbes magazine he is the 94th richest person in the world.
Hasso Plattner’s collecting focus is the art both of the Impressionists and of the German Democratic Republic. He is said to be the buyer also of Monet’s “Meules” of 1890. “Meules” remained in the collection of Bertha Honoré Palmer and her family for nearly a century, also selling at Sotheby’s Impressionist & Modern Art Evening Sale of 14 May 2019 for $97 million (hammer) / $110,747,000 (with fees).
Caillebotte (1848 – 1884) exhibited “La Rue Halévy, vue du sixième étage” in the Fourth Impressionist Exhibition of 1879.
Napoleon III had introduced ambitious reforms during the 1860s, charging Georges-Eugène Haussmann with a radical reconfiguration of the then medieval city.
Space was created by razing many parts of Paris, developing a grid of straight roads, avenues, boulevards, and modern apartment buildings with grand balconies and large windows that faced the street, offering views of the boulevards below.
Caillebotte – lawyer and engineer by training as well as artist – explored the modern Paris in his work, adopting viewpoints high above the busy city streets.
The elevated vantage point of “La Rue Halévy, vue du sixième étage” afforded Caillebotte the freedom to view and manipulate perspective, tilting the ground of the picture plane in a manner that has been considered characteristic of his work and one of his greatest contributions in the move towards Modernism.
See:
“Art Industry News: Did a German Software Billionaire Buy Monet’s $111 Million Haystacks? + Other Stories,” Artnet News, 16 May 2019
Gustave Caillebotte, “La Rue Halévy, vue du sixième étage,” Lot 17, Impressionist & Modern Art Evening Sale, 14 May 2019, Sotheby’s New York, Catalogue Note
Kelly Crow,”Monet Sells for $110.7 Million, Setting Artist and Impressionist Records,” Wall Street Journal, 14 May 2019
Kelly Crow, @KellyCrow, Tweet, 14 May 2019;
Kelly Crow, @KellyCrowWSJ, Tweet, 15 May 2019
Katya Kazakina, @theartdetective, Tweet, 14 May 2019
Catherine Hickley, “Software billionaire plans to turn decaying Potsdam restaurant into museum for East German art,” The Art Newspaper, 2 April 2019