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Art Paris: A Better Result Than Expected

Art Paris, un bilan meilleur que prévu

The 28th edition of Art Paris concluded with stronger-than-expected sales despite a sluggish start and a volatile global climate. Featuring 165 galleries, the fair solidified its position as a key regional event for French collectors, offering a price range typically between €10,000 and €40,000. While mega-galleries like Almine Rech participated with accessible works, the fair also welcomed newcomers like Esther Schipper and In Situ-Fabienne Leclerc, who reported positive results across various media including ceramics, photography, and painting.

New York is so expensive that it is no longer possible to produce art and culture in the city

New York è così cara che ormai non è più possibile produrre arte e cultura in città

Artist and curator Josh Kline has sparked a significant industry debate with his essay, "New York Real Estate and the Ruin of American Art," which argues that the city's prohibitive real estate market is dismantling its cultural foundation. Kline posits that the financialization of property and the disappearance of affordable lofts and mid-size galleries have created an unsustainable ecosystem where only those with independent wealth can survive. This economic pressure is forcing a generation of creative workers to choose between their practice and basic survival, leading to a stagnation of innovation.