london art market

London Maintains Art Market Dominance Despite Paris Hype

Despite concerns that London might lose its status as Europe’s art world capital to Paris, the city remains a powerhouse in the art market, second only to New York. While Paris may be the trend of the moment, the UK continues to rule the European art market.

The Role of the Primary Market

London’s art market relies heavily on the international primary market. Collectors, regardless of their location, engage in the primary market by building relationships with dealers and artists to secure coveted artworks. The city where a show takes place doesn’t necessarily dictate the market’s health, as the primary market is highly international.

A Focus on Artist Preferences

The location of an art show often depends on the artist’s preference. Artists’ choices determine where their work is displayed and sold, making it challenging to assess the impact of a specific city on the market.

Challenges for Established Galleries

Brexit and its associated laws and requirements have presented challenges for well-established galleries, particularly regarding increased business costs. Older galleries have struggled to adapt to the new regulations. New galleries, which have emerged in the post-Covid, post-Brexit era, are better equipped to navigate this environment.

London’s Growing Art Scene

Despite the challenges, London’s art scene is evolving positively, with a wave of new galleries and enterprising dealers revitalizing the city’s cultural landscape.

Expanding Beyond London

Some London galleries are exploring new territories to mitigate Brexit-related difficulties. Modern Art gallery is set to open a space in Paris, recognizing the need to adapt to the evolving art landscape.

Paris Renaissance

Paris has experienced a renaissance, with many international galleries opening spaces in the city. However, this has yet to translate into a significant market share. The UK maintains a strong position, with a 16% share of the art market compared to France’s 8%, as per the Art Basel/UBS Art Market Report.

London’s Resilience

London boasts a critical mass of institutions, museums, and artists that are not planning to relocate. The city’s art market is bouncing back from a period of decline, witnessing growth in revenue, particularly in the auction sector.

The Global Art Market Landscape

While Paris is growing as a market, New York continues to lead the art world. London, despite currency depreciation and high inflation, is expected to maintain its position, making it a central player in the global art market.

In summary, London’s art market remains robust, thanks to its international primary market and a dynamic art scene, while challenges from Brexit have led to creative adaptations by some galleries. Paris may be experiencing a renaissance, but London’s position in the art world remains strong and resilient.

New York

Queer Thoughts Gallery in New York Shuts Down, Ending an Era of Artistic Exploration

Queer Thoughts, the influential New York gallery that play a pivotal role in launching the careers of artists such as Diamond Stingily, David Rappeneau, and Puppies Puppies, has officially close its doors. This closure marks the conclusion of an extraordinary 11-year journey for the small but adventurous art space.

The Farewell Show

Queer Thoughts bid adieu with a captivating exhibition by artist Arthur Marie, featuring matte-finish paintings portraying figures with distinctive bulbous heads. This exhibition perfectly encapsulate the gallery’s unconventional and offbeat sensibility.

The gallery’s founders, artists Miguel Bendaña and Sam Lipp, reveal that the decision to close Queer Thoughts carefully plan to coincide with the expiration of their lease in the Tribeca neighborhood.

In a statement to ARTnews, Bendaña and Lipp express, “The gallery’s evolution far surpas our wildest dreams and expectations. After 11 years, we made the decision to close the gallery to pursue other projects, primarily our individual artistic practices.

Working with numerous inspiring artists and presenting the first New York solo exhibitions for talents like Diamond Stingily, David Rappeneau, Chelsea Culprit, Lucie Stahl, Mindy Rose Schwartz, and Dean Sameshima has a tremendous honor.”

A Hub for Emerging Artists

Queer Thoughts becomes the third Downtown New York art space to announce its closure in the past two months, following in the footsteps of JTT in Tribeca and Foxy Production in Chinatown. These galleries renown for their dedication to showcasing conceptual art that defie easy categorization, often featuring emerging artists at the outset of their careers.

Bendaña and Lipp embark on their artistic journey in 2012, initially operating Queer Thoughts from a closet in a Chicago apartment. In 2015, they expand their horizons by relocating to a Tribeca office space in New York. At the time, Tribeca experience a resurgence in its influence within the art scene. Today, it boasts a vibrant gallery scene, with establish names like Andrew Kreps, Bortolami, James Cohan, P.P.O.W, Mendes Wood DM, and 52 Walker, which is affiliate with David Zwirner.

Nurturing Emerging Talent

Queer Thoughts began its artistic journey with a show by Puppies Puppies (now known as Jade Kuriki-Olivo), who is set to be feature in an upcoming New Museum exhibition. Puppies Puppies became a recurring artist at the gallery, presenting unique exhibitions that ranged from an exploration of the iconic Gollum character from “The Lord of the Rings” to addressing issues of anti-Asian racism.

The gallery continued to embrace this offbeat ethos, propelling artists like Diamond Stingily and David Rappeneau into the spotlight. Diamond Stingily, whose career took off after her first New York show at Queer Thoughts in 2016, is now featured at the Museum of Modern Art.

Meanwhile, David Rappeneau, who had his debut solo show at Queer Thoughts in 2014, has gone on to collaborate with the prestigious Gladstone Gallery.

Throughout its existence, Queer Thoughts introduced a diverse array of artists to the world, solidifying its legacy as a hub for groundbreaking talent and innovative artistic exploration.

 

Martha Diamond

Martha Diamond: A Visionary Artist Represented by David Kordansky Gallery

The prominent David Kordansky Gallery in Los Angeles and New York is happy to announce that Martha Diamond will work with them. Martha Diamond’s unique painting will be displayed in the famous store. Her stunning paintings of New York City buildings are famous. This amazing cooperation will introduce more people to her unique aesthetic and secure her place in modern art.

A Paris+Art Basel Preview of Martha Diamond’s Work

Martha Diamond’s captivating work will be on display at Paris+ at Art Basel next month. Some of the artist’s work will appear at David Kordansky Gallery. This will showcase her innovative style. And then, this event begins an amazing journey to showcase Martha Diamond’s paintings worldwide.

Los Angeles solo show, March 2024

Los Angeles art aficionados can expect a Martha Diamond solo display at David Kordansky Gallery in March 2024. This show promises to intrigue viewers with her distinctive paintings and let them into her universe. The gallery’s mission to showcase the best art suits Martha Diamond’s vision.

Complete Martha Diamond Exhibition at the Aldrich Contemporary Art Museum and Colby College Museum of Art

Martha Diamond’s work is being showcased at the Aldrich Contemporary Art Museum and Colby College Museum of Art. This large exhibition will open in July with 60 of the artist’s works. And then, Martha Diamond’s artistic journey is rarely explored, and it displays her impact on the art world.

A Unique View: Martha Diamond’s Art

Martha Diamond’s original and unique work is adored. Her art shaped by her lifelong New York City residency. The paintings depict the city’s varied design in fascinating and dizzying ways. And then, her flowing brushstrokes enable viewers to explore the cityscape’s complexity.

A Unique Creative Process View

Martha Diamond’s art and process are unique. She says she paints with her left hand because it’s more tied to the brain’s space, volume, and color sensor. Her nontraditional approach sets her work apart.

Famous artists support it

Artists including Ugo Rondinone, David Salle, and Alex Katz have praised Martha Diamond. David Salle has shown her work multiple times, and Alex Katz, a friend since the 1970s, collects it. This recognition from other artists indicates Martha Diamond’s impact.

A Career on the Cutting Edge: Lifelong Art Dedication

Martha Diamond, 79, has always made paintings. When she joined the New York School of Poets in the 1970s, her work changed. She gained famous in the 1980s after showing her work in “MetaManhattan” at the Whitney Museum and the 1989 Whitney Biennial.

Reputation and Legacy

Martha Diamond’s art is in prominent museums worldwide and lauded by critics. Her work is at the Museum of Modern Art, Guggenheim Museum, Whitney Museum, Boston Museum of Fine Arts, and others. Art enthusiasts and buyers still hear her story.

David Kordansky Gallery and Martha Diamond Showcase the Future

The Martha Diamond Trust needed a new gallery, and David Kordansky Gallery spotted her potential. Martha Diamond’s outstanding ability matches the gallery’s purpose of highlighting deserving voices. Her art marginalized in New York in the 1980s, but now it will be central.

Martha Diamond and David Kordansky Gallery Surprises

Working with David Kordansky Gallery is a privilege for Martha Diamond and the Martha Diamond Trust. They want Martha to be remembered as a wonderful artist, lady, and thinker. Furthermore, the gallery’s dedication to Martha Diamond’s work will reveal the Bowery’s decades-old secret. She calls her style “FAR F***ING OUT,” and partnering with David Kordansky Gallery will elevate it in the art world.

Martha Diamond: Unique Perspective on Local Exploration

Martha Diamond’s art and the David Kordansky Gallery’s program focus on place. Artists Mary Weatherford, Ruby Neri, Raul Guerrero, and Fred Eversley interested in their surroundings. Martha Diamond’s extraordinary ability to depict New York City in her period and location captures its spirit. And then, her work evokes New York’s spirit.

Martha Diamond’s work at David Kordansky Gallery invites viewers to explore New York City’s architecture. Moreover, art aficionados will enjoy her visionary and distinctive approach to art and see the city differently. As Martha Diamond’s painting gains notice, we consider the world’s beauty and complexity.