Tag Archives: Levy Gorvy

Here Are 3 Trends That Show the Hong Kong Auction Market Is Booming for International Art

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We examine three trend lines from the recent slate of Hong Kong sales to determine where the market is headed. Like a massive Companion balloon in Macy’s Thanksgiving Day Parade, the mind-boggling $14.8 million paid for a KAWSpainting in Hong Kong earlier this month upstaged every other result from Sotheby’s recent series of sales in the city. But […]

The Art Market Moves East: How Gagosian, David Zwirner, and 14 Other Western Art Businesses Are Trying to Expand to Asia

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China has been described as “the largest growth market for the art business, anywhere.” See how auctioneers and dealers are tapping into it. In the past year alone, no fewer than six galleries have opened or announced plans to open an outpost or office somewhere in Asia. Amid announcement after announcement, it may feel like […]