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Richter painting sold for $37m record for living artist

A 1968 oil painting by German artist Gerhard Richter has set a new record in New York for the highest auction price achieved by a work by a living artist.

Richter's photo-painting Domplatz, Mailand (Cathedral Square, Milan) sold for $37.1 million (£24.4 million) at Tuesday's sale.

Richter, 81, also held the previous record for the top price fetched at auction by a living artist.

His abstract painting, Abstraktes Bild, sold for £21.3m in 2012.

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