What a difference five years make – ABMB

The super-rich have grown in number since 2008, adding the feel-good factor to this year’s fair. Millions of dollars have been spent on art, parties and hotel rooms this week as the circus surrounding Art Basel Miami Beach rolled into town. Given such conspicuous consumption, it is, perhaps, hard to remember that the art market […]

Just how fresh can you get? – ABMB

Art created to be unveiled at the fair proves popular in Miami— but not everyone is impressed. Be careful not to stand too close to the works on show at Art Basel Miami Beach—the paint may not yet be dry. Dozens of artists including Marilyn Minter, Luis Gispert, Ryan Trecartin and Lizzie Fitch have created […]

The substance beneath the style – ABMB

Miami is still partying, but galleries have institutional collectors in mind. t is currently in vogue to dismiss Miami as a hedonistic party town where art plays second fiddle to the fizz and glamour of this week’s soirées. The sheer number of events organised by brands promoting booze, bags and luxury goods has recently sparked […]

Billion-Dollar Question: Can Contemporary Art Keep Climbing?

Words like “surreal” and “dizzying” were used a lot over the last couple of weeks to describe the atmosphere at major fall auctions of Impressionist, modern and especially contemporary art at Christie’s and Sotheby’s, as prices for individual works shattered records, hitting new nine-figure highs, and overall sales of contemporary art surged to a new […]

Oops. I left my millions …

A View Inside the Art World:  Author Henry Alford attended the record-breaking auctions of modern art at Christie’s and Sotheby’s, but to watch, not buy.  Henry’s hilarious commentary in the NYT on his experiences at the Christie’s including at the preview auction brunch: “Are you having fun?” he asked me.  “I am,” I said. “But […]

The Trouble with Mega Galleries

By far the most common topics of discussion and consternation in the art world these days are the four behemoths. Gagosian, Hauser & Wirth, David Zwirner, and Pace are the bull elephants of the field, galleries that galumph everywhere all the time, Hoovering up artists and money and monopolizing attention. Jerry Saltz on the Trouble […]

Art’s Celebrity Obsession: How Many Movie Stars Does It Take to Make a Basquiat Record?

The art world has officially joined the rest of the world in a maniacal obsession with celebrity culture. Sure, Warhol did it long ago with his 1960s “screen tests” of Warren Beatty and Dylan, and by hosting the likes of Mick Jagger, Jackie O, her son John John and sister Lee Radziwill in Montauk in […]

Sarah Thornton – Top 10 reasons NOT to write about the art market

Canadian name-brand art reporter, Sarah Thornton, has pulled a Greg Smith, today, penning a screed for TAR Magazine entitled “Top 10 reasons NOT to write about the art market.” In it, the “Seven Days in the Art World” author concludes that the subject is too corrupt to report on and therefore she will shift away from this kind […]