However, research suggests socioeconomic factors and Brexit are also to blame.| ARTnews.com
The opening will coincide with a blockbuster exhibition of modern and contemporary art.| ARTnews.com
They want to inject more purpose, perspective, and patronage into collecting, which they say has become “too transactional.”| ARTnews.com
The Khatib's son, Prince Castro Ben Leon, argues that they are worth $323 million.| ARTnews.com
As high-end art sales continue to stagnate, auction houses are increasingly leaning on luxury categories to meet their revenue targets.| ARTnews.com
For Ukraine, For Their Freedom and Ours! has accused Russia of the “systematic, widespread, and organized” looting of Ukrainian cultural heritage.| ARTnews.com
Headline lots include works by Rene Magritte, Andy Warhol, and Pablo Picasso.| ARTnews.com
The New York Supreme Court ruled against Philip Falcone, the former hedge fund manager, in a case he brought against New York-based pawnbroker BLCE.| ARTnews.com
Karen K. Ho is a senior writer at Artnews. Her writing on business, culture, and media has appeared in Quartz, TIME, GQ, Glamour, Men's Health, The Cut, Vox, CJR, and The San Francisco Chronicle. She is a graduate of the University of Toronto and Columbia University. She is on Twitter at @karenkho and her bot is @doomscroll_bot. She recently moved to Brooklyn.| ARTnews.com