“So, while many are keen to talk things down, the reality is more nuanced. Indeed, this isn’t the first time the U.S. art market has asked itself such questions. ‘The art world has an enormous capacity for reinvention,’ said Robb. ‘We’re all creative. We’re representing creatives. We’re creative in our own ways. This is an opportunity for some exciting change to take shape.’”
“The powerhouse Blum gallery, which has locations in Los Angeles and Tokyo, and which planned to open a new New York space this fall, has laid off most of its staff and plans to cease brick-and-mortar operations.”
