Helly Nahmad (New York)

This article is about Helly Nahmad who runs an art gallery in New York. For Helly Nahmad (his cousin) who runs an art gallery in London, see Helly Nahmad (London).
Helly Nahmad
Born Hillel Nahmad
1977/1978 (age 38–39)[1]
Residence New York City
Occupation art dealer
Parent(s) David Nahmad
Relatives Joseph (Giuseppe) (uncle)
Ezra (uncle)
Website Helly Nahmad Gallery, New York

Helly Nahmad (born 1977/78) is an American art dealer.

Early life

He is the son of the art dealer David Nahmad. His younger brother, Joe, is also an art dealer.[2] He was educated at New York's private Dalton School, and was "expelled in his senior year for reasons that remain unclear".[2]

Career

Nahmad founded an eponymous modern art gallery in New York City . The gallery is based at New York's Carlyle Hotel, at 975 Madison Avenue, on the corner with East 76th Street.[3][4]

This gallery is not to be confused with a different gallery of the same name in London, owned by his cousin Helly Nahmad, the son of his uncle Ezra, which operates as a completely separate entity.

Helly Nahmad Gallery has hosted many exhibitions over the years, including: “Sounds of Colours” in 2004, displaying Wassily Kandinsky’s works; a Fernand Léger retrospective in 2005; “A Bohemian Myth” in 2005–2006, celebrating the work of Amedeo Modigliani; a Max Ernst exhibition in 2006–2007; “Picasso: Themes and Variations” in 2007; “Picasso’s Bodegones” in 2008; “Arman: the Day After”, displaying bronze sculptures, in 2008; “The Poet and The Siren: A Collection of Works by Gustave Moreau” in 2008; a Jean Dubuffet exhibition in 2009–2010; an Alexander Calder retrospective in 2009; a Sam Francis exhibition in 2010; “Soutine/Bacon” in 2011, displaying works by Chaim Soutine and Francis Bacon; “Alexander Calder: The Painter” in 2011; “Le Chant de La Grenouille: The Surrealists in Conversation” in 2014; “The Wounded Canvas: Burri Fontana Manzoni Tàpies” in 2015; “Mnemosyne: de Chirico and Antiquity” in 2016; and “Selected Works by 20th Century Masters in 2016.[5][6]

In 2011, Philippe Maestracci filed suit in the United States District Court for the Southern District of New York, seeking title to the 1918 Modigliani painting Seated Man with a Cane, valued at more than $25 million.[7] Maestracci claimed that the painting had been looted from his grandfather, Oscar Stettiner, during World War II.[7] In 2012, after Defendants moved to dismiss, Maestracci’s counsel withdrew that complaint.[7] In 2015, the Limited Ancillary Administrator for the Estate of Oscar Stettiner filed suit in the Supreme Court of the State of New York, County of New York, seeking the same relief sought in federal court.[7] The amended complaint in that action is currently the subject of a motion to dismiss with Defendants’ counsel arguing, among other things, that Defendants purchased the painting in good faith at a public Christie’s auction in London, that Oscar Stettiner did not actually own the subject painting, and that the case is being bankrolled by business people who specialize in funding restitution claims in exchange for obtaining a percentage of any recovery or settlement.[7]

Illegal gambling business

In 30 April 2014, he was sentenced to 12 months in prison after pleading guilty in November 2013 to a federal gambling charge - "operating an illegal gambling business" by running a sports gambling business.[8] He was also ordered to pay a $30,000 fine and to hand over $6.4 million and his right, title and interest in a Raoul Dufy painting, Carnaval à Nice.[8] Nahmad was also required to undergo drug testing following release, 300 hours of community service, and take part in a gambling addiction program.[1][3][9] Nahmad was also charged with racketeering, money laundering and fraud, but those charges were later dropped. Vadim Trincher, who was running an international sports betting book for Russian gamblers, and played in Nahmad's poker game, received a five-year sentence.[9]

Nahmad was released after four months.[9]

Personal life

Over the course of a decade, Nahmad has bought six apartments, spending more than $21 million, all on the 51st floor of New York's Trump Tower, almost the entire floor.[2]

His ex-girlfriend is the Brazilian model Ana Beatriz Barros.[10]

References

  1. 1 2 Boucher, Brian (2014-04-30). "Helly Nahmad Sentenced to One Year in Prison, $30,000 Fine, Must Forfeit $6.4 Million - News - Art in America". Artinamericamagazine.com. Retrieved 2016-04-08.
  2. 1 2 3 "Helly Nahmad Gallery Owner Indicted in Gambling Case". The New York Times. Retrieved 2016-04-08.
  3. 1 2 Calder, Rich (2014-12-27). "Art-dealing Helly Nahmad spotted out for first time since release | New York Post". Nypost.com. Retrieved 2016-04-08.
  4. ↑ "Gallery". Helly Nahmad Gallery. Retrieved 2016-04-08.
  5. ↑ "News". Helly Nahmad Gallery. Retrieved 09-01-2016. http://www.hellynahmadgallery.com/news
  6. ↑ "Exhibitions". Helly Nahmad Gallery. Retrieved 09-01-2016. http://www.hellynahmadgallery.com/exhibitions
  7. 1 2 3 4 5 "Estate Sues Nahmad Gallery Network for Modigliani Portrait". The New York Times. Retrieved 2016-01-09.
  8. 1 2 , "U.S. Attorney's Office, Southern District of New York", April 30, 2014
  9. 1 2 3 Rachel Corbett (2014-12-08). "Breaking (Out): Art Dealer Helly Nahmad Released Early From Prison". Observer. Retrieved 2016-04-08.
  10. ↑ "The Life Of Hillel 'Helly' Nahmad - Business Insider". businessinsider.com. Retrieved 2016-09-10.

External links

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