The New York Times has a little video story on the state of the art market in the “new economy.” They mean the new nightmare economy, not the internet fantasy of a decade ago. Despite Catherine Opie and Richard Armstrong expressing their thanks at still having day jobs, the story doesn’t tell you much you couldn’t guess. Of course, the Guggenheim benefit auction they’re at sold eveything above estimates. Surprise! So maybe this video is playing catch up to reality, like the rest of the art market.
Urban Eye: Guggenheim Gala (New York Times Video)