The veteran art dealer explains why he has soured on the art market’s central apparatus. The central driver of the modern-day art market, at least when it comes to galleries, is art fairs. They promise efficiency: for a hefty booth fee (plus travel and shipping costs), dealers from around the world can convene in a […]
As the middle market shrinks, many dealers are finding they can’t afford to do fairs—but they can’t afford not to, either. Think art fairs are all about sold-out booths, comfortable shoes, and exclusive dinner invitations? Think again. For many small to mid-size galleries, fairs—like Art Basel in Basel, which opens to VIPs today—are an increasingly […]
Laing Brown is an art collector who is interested in ideas. Brown, chair of the Audain Art Museum acquisitions committee and an external advisor to the acquisitions committee of the National Gallery of Canada, has just returned from Britain, where he went to check out Frieze London, where 160 of the world’s top commercial galleries […]
“Without tradition, art is a flock of sheep without a shepherd. Without innovation, it is a corpse.” – Sir Winston Churchill Join Laing Brown, a noted art collector, Board Member and Chair of the Audain Art Museum Acquisitions Committee, for a public multi-media presentation where he will discuss his Top 10 Collecting Rules for contemporary […]
With unstable markets and cautious collectors, art dealers everywhere are adopting leaner strategies that make the most of their gallery’s resources. Driving 40% of annual gallery revenue, according to TEFAF’s 2015 Art Market Report, art fairs remain a crucial part of the bottom line, providing global reach without the need for multiple locations. The opacity of […]
“Buy the best, forget the rest” has become the conventional wisdom for collectors in today’s investment-minded art market. But what does “the best” mean? Clearly it meant different things to the 77,000 people who flocked to Art Basel Miami Beach this month. The fair, the last major event of 2015 for the hectic contemporary art […]
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 […]
Art Basel Miami Beach opened its doors this morning to Earth’s primo art collectors, who perused the offerings from 267 galleries en route to snapping up works by blue-chip artists such as Picasso and Frank Stella, who continues his hot streak by having a dozen works spread among four different booths. Even more eye-catching are the text-based neon […]
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 […]
While it’s a good time to be at the very top or at the emerging end of the market, the middle tier of galleries and artists are feeling the squeeze. We ask New York’s dealers and directors what are the alternatives to the mega gallery system? Check out the Video, it is less than 5 […]
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 […]
MIAMI BEACH — Eleven minutes into the 11 a.m. preview of Art Basel Miami Beach on Wednesday, Steve Wilson, a Kentucky collector, made his first purchase: an installation made from dozens of bricks by the Italian artist Elisabetta Benassi.
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 12th edition of the Art Basel in Miami Beach art fair opened to VIP cardholders on Wednesday, and, in barely two hours of Black Friday-like shopping, racked up many millions in sales. Watch the video at the bottom of the page.
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 […]
Back-pats were flying at yesterday’s VIP opening of Art Basel Miami Beach. Several booths had already sold out by midday, and there was no shortage of interest from swarms of bees collectors. The fair’s success was summed up by a dealer from Andersen’s Contemporary—a six-year ABMB veteran and Frieze and Armory exhibitor—when he told us, […]
Thanks to Paula Cooper Gallery, ABMB visitors have four more days to take in the most offensive artwork in the fair: Meg Webster’s “Food Stamp Table.” Comment: Paddy Johnson and ArtFCity usually get it right, but not here, we say. We think these issues do need to be raised, even at an art fair.
Watching Kanye West’s “Bound 2” is about as joyous as romping through a stock photography website. The generic sprawling sunsets, mountain vistas, and gradient backgrounds are airless. Our two protagonists are large as gods, with Kim Kardashian reclining in the buff—though her nipples are airbrushed—playing a human hood ornament atop Kanye West’s motorcycle. These two celebrities, and a […]