Monday, January 26, 2015

Art World Flashbacks and Forecasts

By Carol Vogel

Two decades ago Larry Gagosian had just two galleries, both in Manhattan — one on the Upper East Side and the other in SoHo. Now, he runs 14 spaces around the world, 15 if you count his bookshop and restaurant on Madison Avenue. Meanwhile, all eyes are on the start of Sotheby’s live eBay auctions, scheduled to be broadcast in the next few months. Some dealers say they have noticed that attendance has begun to slip at events like Art Basel in Switzerland and Miami, and Frieze in London and New York. At the same time, the museum foundations created by billionaire collectors have become part of the culture, with more being planned in Europe, China and the Middle East. [link]