Now is a good time to buy contemporary art, even though prices have never been higher, the Dallas-based collector Howard Rachofsky says as he digests his bratwurst.
Records were smashed for Jean-Michel Basquiat, Jackson Pollock, Roy Lichtenstein and auctions themselves as Christie’s sold $495 million of contemporary art last night in New York.
Belgian painter Luc Tuymans, whose last New York exhibition depicted the corporate world, returns to Chelsea with new work rooted in personal references.
Per Skarstedt is the latest New York dealer to open in London as the city’s existing galleries expand to profit from growing demand.
Hong Kong’s art scene goes into overdrive this week as Asia’s billionaires descend on the city for the Hong Kong International Art Fair.
As many as 50,000 people may converge on a BMW M3 race car custom painted by Jeff Koons and thousands of other contemporary works as Hong Kong consolidates its position this week as Asia’s place to buy art.