Eyes Wide Open! Kenny Schachter Dishes on Delinquent Dealers, Secret Deals, and That Other ‘Salvator Mundi’

Kenny Schachter offers a sardonic, first-person account of the spring 2025 art season in New York, weaving together observations from auctions, art fairs, and gallery openings. He notes brisk business at Sotheby's and Phillips, citing specific sales like James Ensor's tiny "Still life with Stingray" ($140,800) and Georgia O'Keeffe's double-sided "Maple Leaves and Flowering Cactus" ($1.68 million). Schachter also recounts his experience at Larry Gagosian's new Madison Avenue gallery, where security guards outnumbered the artworks, and reflects on the broader economic climate, including a tax lawyer moonlighting as a 3-D printer for his own sculpture project. He contrasts the wealthiest collectors—one driving a Lamborghini but staying at a Holiday Inn Express—with dealers wearing grim faces at TEFAF, painting a picture of a bifurcated art economy.

In Milan, the first exhibition-market dedicated entirely to 20th-century modernariato arrives

A Milano arriva la prima mostra-mercato dedicata interamente al modernariato del Novecento

The article announces the arrival of SOMO (Solo Modernariato), Italy's only fair dedicated entirely to 20th-century modernariato, in Milan. After two years in Alzano Lombardo near Bergamo, the event will take place at Superstudio Più in Via Tortona 27 on May 23-24, 2026. It will feature over 70 exhibitors from across Italy, showcasing furniture, lamps, and objects produced between the post-war period and the 1980s, targeting collectors, architects, interior designers, and a new generation of enthusiasts.