Today in the Art World...

Phillips, the only auction house where you'll hear, "$150,000 near the car wash," sold $42.3 million worth of contemporary art last night — plus an additional $8.2 million as part of a benefit for the New Museum, which opens the doors to its new home at 235 Bowery on December 1st.

After taking a plunge last week, Sotheby's stock is inching its way back up on the success of the auction house's sale of post-war and contemporary art on Wednesday night.

The November auction season has come to an end, and the general consensus is that the art market is still strong, credit crisis and economic fears be damned. Read the reviews here, here, and here.

The deadline for opponents of Randolph College's plan to sell four paintings from its Maier Museum at Christie's to post the $10 million bond necessary to halt the sales has passed. Rufino Tamayo's Trovador comes to the block on November 19th. George Bellows' Men of the Docks, Ernest Hennings' Through the Arroyo, and Edward Hicks' Peaceable Kingdom come to auction on November 29th.

From December 18, 2007 through February 2008, Richard Prince will be showing new work not in a white cube on 24th Street, but rather at the Eden Rock Hotel on St. Bart's. Gagosian Gallery, which recently ventured to Russia for a temporary exhibition, is involved in the organization of the show.