Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

ArtHamptons is No ArtBasel

July 13, 2009 by Marion Maneker

Bloomberg‘s New York Art Duo, Lindsay Pollock and Philip Boroff, went to ArtHamptons this weekend and declared it a small-time:

“This is a giant fair and Bridgehampton is a small town,” said Mark Borghi, who has a gallery on the Upper East Side and another a few doors down in Bridgehampton. “Logistically it’s very difficult. You can’t get the volume of people to make everyone happy.”

Fair-goers spotted among the 68 dealers in five white tents, according to dealers, included Jon Bon Jovi, the rock star; several “housewives” from reality television program “The Real Housewives of New York City;” actor Kelsey Grammer; and Russell Simmons, the hip hop entrepreneur.

East Hampton’s Vered Gallery, which originally planned to complete a silent auction of a Michael Jackson portrait by Andy Warhol at the fair, withdrew it from sale late last week. The artwork sold at Sotheby’s in New York in May for $278,500 and the gallery was offering it for a minimum of $800,000. Janet Lehr, a gallery partner, said there was interest but collectors needed more time to assess the value. […]

The fair, in its second year, attracted several well-known galleries like Manhattan’s D.C. Moore, Hirschl & Adler Modern and Borghi. They were outnumbered by regional businesses from Connecticut, California and beyond, often displaying art of dubious merit. While half the galleries that attended the first event didn’t return, the total number of exhibitors increased by about a third this year, organizers said.

Bon Jovi, ‘Real Housewives,’ Few Buyers Attend ‘ArtHamptons’(Bloomberg)

More from Art Market Monitor

  • Christie’s London IM Evening Sale = £71.4m ($112m)Christie’s London IM Evening Sale = £71.4m ($112m)
  • Artelligence Podcast: Asher Edelman on Auction Guarantees and Art Market LiquidityArtelligence Podcast: Asher Edelman on Auction Guarantees and Art Market Liquidity
  • ‘I Can Sell It,’ Trophies & Savvy Market Making Lead Sotheby’s to Record $375m Sale
  • Leveraged ArtLeveraged Art
  • Bentonville, AR Gets an Art HotelBentonville, AR Gets an Art Hotel
  • Phillips London Contemporary Evening = £36.38mPhillips London Contemporary Evening = £36.38m

Filed Under: Art Fairs

About Marion Maneker

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Restituted Van Gogh Portrait from London Collection to Sell at Christie’s
  • Tony Podesta's Secret Art Buying
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Roy Lichtenstein’s Top Ten Auction Prices
  • Christie’s to Sell Its First Fully Digital Work of Art in Test of Emerging Market
  • Sotheby's Pulls in a $9m David Hockney for November
  • How to Chant Like an Auctioneer
  • Podcast
  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor