Millennials And Their Role Within The Trendy Art Market
With revenue plateaued, the dealers stated they’ve needed to make chilly calculations about providing funds to their artists for studio support or overlaying greater production costs for advanced exhibitions. The slowdown, they mentioned, is more and more affecting their artists’ practices. New York adviser Wendy Cromwell founded her bespoke advisory firm some 20 years in the past to assist particular person purchasers build their collections, after serving as vice president of latest art at Sotheby’s for nearly a decade. Many of her clients have been along with her from the beginning, and the New York Times, Bloomberg, the Wall Street…