ArtNews has published Andrea Rosen’s long email to her clients announcing her move from running her own gallery to focusing her professional life on the Felix Gonzalez-Torres foundation.
As part of that transition, Rosen will no longer maintain a gallery but work through David Zwirner. The verbiage of Rosen’s email is so dense and self-involved it obscures some basic details that will be of interest to the broader art market.
An example from the email is below. But the main questions are fairly straight forward. They stem from a few apparent facts: artists estates have become the focal point of value in the current market. Estates seem to provide greater value than managing the careers of living artists.
Zwirner has been aggressive in pursuing artists’ estates. Gonzalez-Torres is a big win for his gallery empire. Rosen is exiting the gallery business while ensuring a vocation for herself.Continue Reading