Gallerists and art advisors suspect there could be ulterior motives to the industry leader’s latest power play, but Gagosian would beg to differ. When one of America’s most powerful art dealers makes plans for the future, people pay attention. But some critics suspect that Gagosian’s plan to enter the art advisory field will lead to […]
Our columnist follows the bread crumbs left by the rumor that Art Agency, Partners will offer gallery advisory services for a hefty fee. It’s not exactly an analytical breakthrough if I tell you that the art industry is deeply troubled and, in many cases, deeply paranoid right now. A lot of people in the trade […]
This week, our columnist draws on his LA gallery experience to chart the pitfalls of Frieze’s potential westward expansion. THE RUMOR On Thursday, Charlotte Burns and Allan Schwartzman reported in Art Agency, Partners’s “In Other Words” newsletter that “the Frieze Art Fair is looking to launch a Los Angeles event in January 2019.” A Frieze […]
At this year’s Talking Galleries symposium in Barcelona, the debates boiled down to a few core issues. Here they are: 1. The Scale and Pace of the Gallery Sector Have Become Cancerous for Many. 2. Different Tiers of Galleries Are Now Playing Different Games With Different Rules. 3. The Art Industry Must Break Out of […]
The move online has been one of the critical forces shaping the industry over the last decade, a disruption that happened slowly, and then suddenly. “It’s a huge change in what galleries have done. It’s been the biggest trend in the art market, next to art fairs, over the last ten years,” says Clare McAndrew, […]
Sunday May 28 2:00 – 3:30 – New Media Gallery Talk Laing Brown Talk: Collecting Contemporary Art New Media Gallery is delighted to welcome Laing Brown who will share his extensive experience, personal insights and passion for art in an enjoyable and accessible talk: Collecting Contemporary Art. Laing lays out the 10 RULES for collecting contemporary art, and will speak to […]
Art collectors face a dilemma as they update their estate plans: What to do with a collection that is potentially worth hundreds of thousands or even millions of dollars? Whether they’ve bought the pieces as an investment or to fuel a passion, collectors heading into their retirement years are trying to figure out whether to […]
The Seattle Art Fair, started last year by Paul G. Allen, the co-founder of Microsoft, has a proud inner geek. But like Mr. Allen himself, who has fingerprints on much of the city’s explosion of growth, geekiness only touches the surface. Through a real estate development arm of his company, Vulcan Inc., he is building […]
If you are even a casual appreciator of art in New York, the chances are that you have stepped into one of Annabelle Selldorf’s spaces, and been entranced. Perhaps the most coveted architect among the minimalistically inclined art elite, Selldorf has designed a broad spectrum of the city’s art sites, from theNeue Galerie uptown, steeped […]
A man paints with his brains and not with his hands – Michelangelo An artist is somebody who produces things that people don’t need to have – Andy Warhol Art is anything you can get away with – Marshall McLuhan A collector has one of three motives for collecting: a genuine love of art, the investment possibilities, or its […]
For Wendy Maitland, Town Residential’s president of sales, an Oscar-winning director client of hers was a typical real estate shopper with typical requests. He had a seven-figure budget and was keen to buy into one of the many new luxury condo complexes sprouting around Manhattan. The client was downsizing from a huge country house in Connecticut since his […]
In a dramatic development for the auction industry, Sotheby’s announced on Monday that it had acquired Art Agency, Partners, a two-year old, New York-based art advisory company, for $50 million plus built-in performance fees that could elevate that number to $85 million over the next four years. “AAP’s profitable business helps drive initiatives that are […]
In a somewhat surprising move, Sotheby’s announced today it will pay $50 million in cash to acquire the art advisory firm Art Agency, Partners and create a new Fine Art Division run by AAP’s Amy Cappellazzo and Allan Schwartzman. The deal could reportedly total $85 million if the performance benchmarks over the next five years. The left-field […]
Pics or it didn’t happen. It is often not enough to just say that you were there–you need to provide evidence, usually in the form of visual representation. And with so many sights, soirées, and celebrities in Miami Beach for Art Basel, photo ops abound. Whether it’s a selfie with Paris Hilton or a panoramic […]
You have limited time, but you need to know where to go. Don’t worry, we’ve got you covered. Here’s Hyperallergic’s take on what to expect in Miami.
The art advisor is a bit of a grab bag of roles—curator, interior designer, dealer, buyer. The line dividing these roles is ever hazier because the sole aim of nearly every art professional is to make a lot of money, and many of them do. Let’s think of advisors as opportunistic personal shoppers for the […]
Get ready for Art Breaker$, Ovation’s new reality television show, focusing on two New York art advisors. Miller Gaffney and Carol Lee Brosseau are making a pretty hard sell in a promo video, in which they introduce themselves and together proclaim, “We’re the top art advisors in the country!” “We travel the world in search […]
As the largest generation in the U.S labor force, according to the Wall Street Journal, and a generation of consumers that are on track to spend $1.4 trillion annually by 2020 and inherit $30 billion in the coming years, according to the New York Times, it’s no wonder businesses are catering to millennial buyers. Coined by […]
For decades, art advisers were a small club of professionals who personally helped build collections for clients, using their scholarship and connoisseurship. Their role was to consult and offer expertise, rarely to make deals. But the rapidly changing art market — characterized by soaring prices, high fees and a host of wealthy new buyers from […]
Global companies with an eye on the bigger picture invest in contemporary creations. Just beyond the turnstiles of Deutsche Bank’s London reception sits a large object resembling several huge dollops of creamy Plasticine. As the viewer comes close, it turns out to be a sculpture made entirely of dice. “Secretions” (1998) by British artist Tony […]