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Armory Week’s Lackluster Commerce Wasn’t Happy News for the Art Market. But the Real Test Is Yet to Come
So how was business at Armory Week in New York, really? As the art world rushes from event to event, driven by a mix of FOMO and transactional fervor, it can be hard to discern what’s actually happening on the ground in real time. The spin is thick. The stakes are high. And the next […]
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How Top Art Collectors Budget Their Money (and Time) During New York’s Big Auction Season
Big auction seasons in New York always feel like marathons. “How exhausting can it get, really?” I wonder each time before things get going—only to find myself feeling delirious by the end. The banking sector in crisis and rising interest rates are adding to the already high stakes of the bellwether season underway, where there […]
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What Is the World’s Top Mega-Gallery? We Crunched the Numbers—and No, It’s Not the One You Think
The Art Detective is a weekly column by Katya Kazakina for Midnight Publishing Group News Pro that lifts the curtain on what’s really going on in the art market. A Patti Smith performance. A boutique hotel in a Scottish village. A Miami warehouse featuring jaw-dropping immersive installations with an admission price steeper than most U.S. museums. Book […]