Basquiat: The Show Must Go On

Glenn O’Brien was among Jean-Michel Basquiat’s earliest advocates, recognizing the young artist’s immense talent before his work made the leap from grafitti to the walls of New York galleries. Basquiat executed Famous Negro Athletes on paper as a gift for O’Brien who would go on to become a close friend of the artist over the course of […]

Basquiat’s Memorial to a Young Artist Killed by Police

Distraught over the death of the graffiti artist Michael Stewart, he repeated, “It could have been me.” “Basquiat’s ‘Defacement’: The Untold Story,” at the Guggenheim, is a small but timely and often surprising powerhouse of a historical show pegged to a not very good scrap of painting by a star-dusted name. The exhibition includes photographs, […]

‘Jean-Michel Basquiat’ at the Brant Shows His Bifurcated Life

A few years ago, a plaza in Paris was named after the artist Jean-Michel Basquiat, the Brooklyn-born painter who became a global sensation in the early 1980s and died at 27 of a heroin overdose. No similar honor has been bestowed upon Basquiat by the City of New York. However, the opening of the Brant Foundation Art […]

We’ve Been Looking at Jean-Michel Basquiat All Wrong. He Was a Conceptual Artist, Not an Expressionist—and Here’s Why

An exhibition at the Brant Foundation’s New York space reveals how much he had in common with Jenny Holzer and Hans Haacke. Over the years, the biggest fans of Jean-Michel Basquiat have had a strange way of showing their affection: They’ve just about drowned him and his work in tired romantic clichés. He’s supposed to be a […]

Brant Foundation Opens Its New Manhattan Space with a Basquiat Bang

The East Village edifice—a former power substation and studio of contemporary artist Walter De Maria—was renovated by architects Gluckman Tang “[Jean-Michel] Basquiat did most of his painting in a ten-block radius of here,” says the founder of the Brant Foundation, Peter Brant, gesturing out the large plate glass windows of the foundation’s new East Village […]

From Van Gogh to Richter—what happens when bidders fail to pay up at auction?

Flaky winning bids are knocking the gloss off record-breaking sales. Shortly before Christie’s sale of post-war and contemporary art in New York on 15 November 2017, the auction house learnt of a potential new bidder: a little-known Saudi prince, Bader bin Abdullah bin Mohammed bin Farhan al-Saud. According to the New York Times, a scramble […]

Art is not a luxury product like Hermes bags: Larry Gagosian (Video)

Gagosian Gallery owner Larry Gagosian on Friday explained why he doesn’t consider art to be a “luxury good” and how the art world has benefited from globalization. “It’s not a luxury good. It’s not a luxury product. I mean it may appear to people who buy Hermes bags, but it’s not a Hermes bag. Sometimes […]

The Evolution of Art, Part II: From Minimalism Until Now

How did we get to where we are today in the realm of fine art? Who were the artists that changed the course of art history and what were the artworks that broke the mold? In Part I of this two-part series we described the advances in Modern art starting with the advent of abstraction and ending […]

Who Are the Most Influential Artists of the Last Century? 26 Industry Leaders Weigh In

Which artist defined the last 100 years—and continues to reverberate in the work of artists today? In 2017, a century since Marcel Duchamp turned a readymade urinal into an artwork, we’ve wondered how to characterize the past 100 years in art, posing challenging questions to some of the industry’s brightest figures: What are this century’s most iconic works […]

The Gray Market: Why Museums Can’t Compete With Private Collectors (and Other Insights)

FALSE EQUIVALENCE: Although I always advise caution about these reports, sales at this year’s freshly entombed Frieze and Frieze Masters were allegedly strong from the jump. Numerous exhibitors were eager to broadcast their results (or at least, pretend to) on VIP preview night. But rather than resurrect the issue of dubious honesty from self-interested actors in a consequence-free […]

Billionaire Basquiat Collector Yusaku Maezawa Went Shopping at Leonardo DiCaprio’s St. Tropez Art Auction

Leonardo DiCaprio knows that if you want to sell a lot of art, you need to bring in the big guns. Among the guests at the actor’s recent star-studded charity auction in Saint-Tropez was Japanese collector Yusaku Maezawa. Best known for his record-setting $110.5 million purchase of a Basquiat at Sotheby’s in May, Maezawa went home from […]

How Artsy finally convinced galleries to sell fine art online

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, […]

A. R. Penck, Neo-Expressionist Painter Whose Work Reflected on the Postwar German Condition, Dies at 77

In 1985, A. R. Penck told curator Klaus Ottmann that he didn’t miss East Germany, where he had been born in 1939 and from which he was exiled in 1961. East Germany, Penck said, “disappeared in a black hole”—it was totally behind him. But, of course, his homeland and everything he lost when he left […]

Talk – Collecting Contemporary Art, Audain Art Museum, Whistler, Canada

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 […]

Public Talk: Collecting Contemporary Art

“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 […]

The Art of Larry Gagosian’s Empire

“CAN WE QUICKEN this up?” It’s lunchtime in New York and Larry Gagosian is hungry. It’s time for supper—or at least aperitifs—in Europe, where he recently did a three-week working tour of France, England, Germany and Switzerland, and it’s breakfast in Los Angeles, where last week he hosted his annual pre-Oscars opening at his Beverly […]

Sotheby’s Reassuring $294M Contemporary Evening Sale

The contemporary art market settled down to a steadier pace at Sotheby’s New York Wednesday evening, turning in a solid and respectable $294,850,000 sale for the 44 lots that sold. Ten of the 54 lots offered failed to sell for a trim buy-in rate by lot of 18.5 percent. Five works sold for more than $15 […]

The Broad’s Big Debut

LOS ANGELES – Eli Broad is a man with a reputation for getting things done. After building two Fortune 500 companies from the ground up, he transferred his drive to philanthropy about fifteen years ago; his achievements have since included almost single-handedly creating a cultural centre for downtown Los Angeles, including its monumental anchor – the Frank […]

Speculating on Trophy Art

LONDON — Works by contemporary artists born after 1945 generated $17.2 billion in worldwide auction sales last year, a 39 percent increase from 2012, according to figures just released by the French database Artprice. Last November, a triptych by Francis Bacon sold for $142.4 million, a record for any work of art at a public […]