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art amitha raman weed moma collector

Collector Amitha Raman shares her journey into art collecting, which began with late-night classes at MoMA under art historian Agnes Berecz, where she explored empty galleries after hours. Her first acquisition was Mary Beth Edelson's "Hounds of Hell" (1973), and she now serves as co-chair of MoMA's Young Patrons Council and a member of its Black Arts Council. Raman's collection includes works by Rashid Johnson, Wolfgang Tillmans, Tracey Emin, Jenny Holzer, and Jeffrey Gibson, and she actively loans pieces to major museums worldwide.

Art Lender Accuses Maddox Gallery of Inflating Value of Art Used as Collateral—’Bizarre and Irrational’ Claim, Says Gallery

Luxury Asset Capital (LAC) has filed a civil complaint in the US District Court for the Southern District of New York accusing Maddox Gallery of inflating the value of artworks used as collateral for loans. The dispute stems from a 2023 deal in which Maddox provided substitute collateral—works by Duncan McCormick and Albert Willem—in exchange for a George Condo painting previously held by LAC. LAC alleges that Maddox engaged in a "pump and dump" scheme, artificially bidding up auction prices for McCormick and Willem works to 10–15 times pre-sale estimates, then using those inflated values to justify trades. After the alleged bid-rigging stopped, auction prices fell, and LAC claims it is left with works worth only a fraction of what Maddox represented. Maddox Gallery co-founder Nick Sharp denies the claims as "bizarre and irrational," calling the lawsuit a baseless attempt to unwind a voluntary agreement.

art james frey author art collection

James Frey, the controversial author of "A Million Little Pieces" and "Bright Shiny Morning," opens his home in Pound Ridge, New York, to discuss his personal art collection. The collection includes works by Rashid Johnson, Robert Colescott, Nate Lowman, Richard Prince, Andy Warhol, Jeff Koons, and Auguste Rodin, among others. Frey describes his art-buying philosophy as driven by emotion rather than market trends, and recounts purchasing his first pieces—a Picasso drawing and a Matisse drawing—for cash in 1994.