Galleries
On July 16, 2012, a painting by a little-known artist sold at Christie’s for $74,500, nearly ten times its high estimate of $8,000. The work that yielded this unexpected result — an acrylic teal-hued painting of a rocky coast called “Nob Hill”...
NEW YORK — This morning at 303 Gallery, three men in black shirts and jeans were busy tearing up the space in a peculiarly delicate way. One climbed onto a pile of ripped-out drywall and gently ran the flat side of a handsaw against the rubble, creating a...
Imagine that a young gallerist shells out $13,000 for a booth at an indie art fair like Volta or Independent. Tack on another few grand for food, flights, shipping, and hotels. If all goes well, he or she sells enough art to recoup the expenses — maybe even...
The Armory Show may be celebrating its centennial, but young artists — and the collectors who support them — dominated the VIP opening. For one thing, the Armory Show’s Focus section, with energetic crowds and sales, wasn’t this year’s sideshow.“...
First-day transactions are not quite reminiscent of the boom times, when booths would be sold out within an hour of the VIP preview opening, but nearly every dealer at the ADAA Art Show reported sales or works on reserve by Wednesday, with a handful close to...
Stakes are high for a young gallery’s debut at the Armory Show. Emerging dealers shell out tens of thousands of dollars for the opportunity to lure well-heeled collectors into their booths: A knockout presentation could earn one clients for life, while an...
NEW YORK — Do artists need agents? Are galleries obsolete? These types of questions seem to get louder and louder in an increasingly celebified art world that has seen Damien Hirst cut his dealers out of business transactions, artists sign with fashion...
That Haunch of Venison will stop representing artists has come as a surprise to many — not least to the gallery staff, blissfully unaware of the plan until just hours before it was announced. A source close to the gallery has described them as being “in a...
Every 12 months, the editors of Art+Auction assemble a list of the individuals who have stood out in the art world over the last year, and publish our results as our Power List. On December 2, we published our Introduction, explaining the thinking...
Everything seems to be more subdued this year at Art Basel Miami Beach — everything, that is, but the prices. Though the collectors are all here and buying, the purchasing lacks the manic intensity of previous years. It’s refreshing, in a way, to see the...
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