It is now ranked second on the list of most expensive paintings, only surpassed by Leonardo da Vinci’s Salvator Mundi, which sold for $450.3 million in November 2017.
By 1955, de Kooning had moved away from painting the human form and continued with the abstract rendering of the architecture and communities of his surroundings in New York City.
Some of de Kooning's 1955 oil paintings prominent at that time were Police Gazette, Composition, Gotham News, Saturday Night, and Easter Monday.
De Kooning's preferences for the selection of names for his oil paintings appeared to correspond to references to the neighborhood where he was living at that time in New York City, for example, Interchange.
[9] The painting was sold a few years later to David Geffen, at a loss due to the bursting of the Japanese asset price bubble and the early 1990s recession.