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Monopoly's mural, adorned with symbols representing opulence against this backdrop, ignites discussions about the repercussions of gentrification on communities. It accentuates the stark disparity between the neighborhood's historical struggles and its present incarnation as an artistic nucleus. His art feels paradoxical, nestled amid the evolving scenery, challenging the appropriateness of flaunting signs of affluence within a community grappling with profound transitions.
Ahead of Art Basel Miami Beach 2023, a look at how taste, money, reputation, and financial expectations shape the decisions behind collecting art.
A painting can rise 50 percent while its owner earns far less. Two worked examples show how auction fees and condo ownership costs change the return.
Sotheby’s new Paris address and Art Basel’s move to the Grand Palais expand the city’s art market. What the changes mean for London, New York and Miami.