It’s a wonderful story about a blue chip painting, religious architecture, and perservations, and I love this story. The painting is Cy Twombly's 1968 "Untitled (New York City)," one of the artist's notable "Blackboard Paintings," which was sold last week by Sotheby’s for $70.5 million (above). Owned by Audrey Irmas, it edged past the artist's previous auction record by not even $1 million. The building is the Wilshire Boulevard Temple, the oldest Jewish congregation in Los Angeles, which completed in 1929, and known for its notable Byzantine revival dome, and the interior murals. The proceeds from the sale of the piece will be devoted to construct the synagogue's new "Audrey Irmas Pavilion," which has been designed to be in a dialogue with the building, but has not been unveiled yet.