It’s hard to keep young up-and-coming artists happy, especially if they come with the nickname “generation me.” Whether it’s due to restlessness or a better opportunity, gallery representation can resemble a game of musical chairs. Remember when Julian Schnabel left Mary Boone, who gave him his first show in 1979, for Pace in the 1980s? In another boom […]
LONDON — The art market is a notoriously opaque business. And over the past couple of years the highly speculative trade in emerging artists has given off plenty of heat. In 2014, recently made works by young abstract painters like Oscar Murillo, Lucien Smith, Alex Israel, Mark Flood and Christian Rosa were being “flipped” at […]
This was the controversial suggestion of a recent survey. We asked its author and four art-world figures to comment. A Twitterstorm erupted in the US last month over the findings of survey of 8,000 art galleries based in the US, UK and Germany. Cultural researcher and Larry’s List co-founder Magnus Resch found (no surprise here […]
LONDON — The international art market is gearing up for a hectic autumn of auctions and fairs. Trading conditions could be challenging. Shanghai’s Composite Index of Shares has lost more than 35 percent of its value since June, destabilizing stock markets across the world. Slowing growth in China has depressed oil and commodity prices, tipping […]
Are you a newly-minted tech millionaire with cash to burn and an urge to start an art collection? If so, you’re the unicorn that every art dealer in America is hoping to take for a ride. Why else would mega-galleries like Gagosian, Pace, and David Zwirner be making it out to the Seattle Art Fair this summer? They’re looking to […]
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 […]
Anyone in the art market who was not already paying attention to the social media platform Instagram had to sit up and take notice in April after the actor Pierce Brosnan visited the showroom of Phillips auction house in London. Mr. Brosnan snapped a selfie in front of a work he admired: the “Lockheed Lounge,” […]
BAC’s last posting re the Seattle Art Fair … Seattle has suffered an inferiority complex and craved a place at the international — or even national — art world table for as long as I’ve been here, and both Seattle Art Fair and Out of Sight stepped up, with remarkable esprit, to finally do something […]
The art business is booming, but many galleries are barely getting by. One German expert thinks he knows the answers. On Tuesday, the highly respected Wallspace gallery in Manhattan’s Chelsea neighborhood announced it would close its doors permanently on Aug. 7. The lease was up, and “it necessitated a reevaluation,” said Jane Hait, who co-founded the space with Janine […]
SEATTLE — Paul Allen came ready to shop. Mr. Allen, a billionaire co-founder of Microsoft and one of this city’s major cultural patrons, strolled the aisles of the inaugural Seattle Art Fair on Thursday, looking to add to his formidable art collection. “Just walking around, I’ve probably seen a half-dozen paintings that I would consider,” […]
A giant beach ball, a pink ice cream truck, and a winding line of people waiting to see art are not sights that people usually associate with perennially gray Seattle. But on Thursday night, most of the 4,000 people who visited the opening night of the inaugural Seattle Art Fair got to experience all three. […]
Amid the seemingly endless schedule of international art fairs that take place around the world each year, all art world eyes will be on Seattle this week, where the inaugural Seattle Art Fair, opens on Thursday July 30 and runs through August 2. Previous attempts at organizing fairs here have never really gotten off the […]
BASEL.- Art Basel announced today that Noah Horowitz has been appointed to the new position of Director Americas for Art Basel, starting in August 2015. Based in the United States, Horowitz will direct Art Basel’s Miami Beach show moving forward, further strengthen Art Basel’s relationships with galleries, collectors, artists, museums and institutions from the Americas, […]
Art Basel is appointing Noah Horowitz, currently the executive director of theArmory Show in New York, to be its new director of the Americas, running Art Basel Miami Beach. Mr. Horowitz’s job will be to oversee and lead the development of Art Basel’s outpost in the United States, which takes place each December. He will […]
A triumvirate of the world’s biggest galleries—Gagosian, Pace, and David Zwirner—is headed to the Pacific Northwest this month for the debut Seattle Art Fair. Debut fairs are not always expected to be big sales events, dealers often say, but rather opportunities to start to build relationships with new clients. Goff’s expectations are higher than that. […]
The hundreds of gallery owners who apply each year to secure a coveted booth at Art Basel, the Swiss art fair, spend weeks on their admission applications. They describe the evolution of their galleries, track the history of their exhibitions and list the biographies of their artists. Then there is the matter of the “mock […]
The TEFAF Art Market Report, delivered by Dr. Clare McAndrew of Arts Economics, is considered the authority on data relating to auctions, art fairs, and market trends (see Clare McAndrew Explains How She Prepares the TEFAF Art Market Report). It’s presented in conjunction with the opening of the TEFAF art fair in Maastricht. Sales at […]
As any seasoned art lover knows, art fairs are a double-edged sword: while attending them is an easy way to see and sell art, they aren’t always the most enjoyable experience (see 11 Art World Rules Decoded for 20-Something Newbies) thanks to myriad factors like inconvenient locations, overcrowded aisles, and the sheer amount of ground […]
For a newcomer, the art world can often feel like a social minefield, booby-trapped so that as soon as you start to make progress in establishing a name for yourself, you screw it up with a big-time blunder. Luckily, we’ve got you covered on how to navigate everything from an open bar to a Twitter […]
JOHN NEWSOM: So, how did you discover art? What was your ‘eureka’ moment? PATRICK PAINTER: Well, when I was 28, I was living in Paris, and I was working for an insurance company, Metropolitan Life. One day I said to myself, “I don’t know anything about art, so I’m gonna start looking at art.” It’s […]