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collectors reveal key advice part ii

Artnet News published part two of a two-part series featuring advice from 11 experienced collectors. Among them are comedian Cheech Marin, who began collecting Chicano art in the 1980s and opened the Cheech Marin Center for Chicano Art and Culture in Riverside, California in 2022, and Kiran Nadar, founder of the Kiran Nadar Museum of Art in India, who with her husband has amassed over 15,000 works. Marin emphasizes trusting instincts, building relationships with artists, seeing art in person, and warns about storage space becoming an addiction. Nadar advises staying open and curious, and not hesitating to explore the unfamiliar.

a tale of four cities

Artnet News and Morgan Stanley have released a report analyzing the global art auction market across four major cities—London, Paris, Hong Kong, and New York—over the period from 2013 to 2023. Total auction sales for the first half of 2024 fell to $5.05 billion, down from $7.17 billion in the same period of 2023. The report highlights a dramatic 49 percent decline in London's auction sales following the 2016 Brexit vote, while New York has maintained its dominant position, driven by blockbuster collections like those of Peggy and David Rockefeller and Paul G. Allen. Hong Kong saw growth until the Chinese property crisis in 2022, and Paris has gained ground post-Brexit, with sales up 30 percent over 2013.

Lorna Simpson’s David Adjaye–Designed Brooklyn Home and Studio Remains On the Market—At a Much-Reduced Price

Artist Lorna Simpson has significantly reduced the asking price for her Brooklyn home and studio, located at 208 Vanderbilt Avenue in Fort Greene. Originally listed for $6.5 million in August 2025, the 3,300-square-foot townhouse is now priced at $5 million following months on the market. The property, which features a double-height great room and floor-to-ceiling windows, was custom-built in 2006 for Simpson and her then-husband, artist James Casebere.

lorna simpson fort greene brooklyn home art studio hits the market

Lorna Simpson's former home and studio in Brooklyn's Fort Greene neighborhood, designed by British architect David Adjaye in 2006, has been listed for sale at $6.5 million. The four-story, 22-foot-wide building at 208 Vanderbilt Avenue, dubbed "Pitch Black," features black polypropylene panels on the front and glass walls at the back opening onto over 800 square feet of garden space. Simpson, who created the space after failing to find a suitable existing property, used it as a combined residence and studio with her then-husband, photographer James Casebere, before relocating to a larger commercial space nearby. The property now serves as archival and storage space and is being marketed by the Corcoran Group.

On the Market: Artist Lorna Simpson's Studio, Custom-Designed by David Adjaye in Brooklyn, New York

Lorna Simpson's custom-designed Brooklyn studio, created by architect David Adjaye in 2006, has been listed for sale at $6.5 million. The 3,300-square-foot, four-story property at 208 Vanderbilt Avenue in Fort Greene features a double-height great room, three bedrooms, a rear garden, and was originally built as a live/work space for the artist and her then-husband James Casebere. The listing is handled by Leslie Marshall and Nick Hovsepian of the Corcoran Group. Simpson, whose survey exhibition "Lorna Simpson: Source Notes" is currently on view at the Metropolitan Museum of Art, has moved her primary practice to a larger nearby space, using the Vanderbilt Avenue property for archives and events.