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Boom By Michael ShnayersT major modern art dealer It wasand the art world would never be the sameFrom the early days on th Street to the rise of SoHo in the s to the emergence of Chelsea as the hotbed of art galleries we see the meteoric rise and the devastating falls of the most renowned dealers Larry Gagosian David Zwirner Arne Glimcher and Iwan Wirth With unparalleled access the longt. This is an illustrious book pun intended highlighting all of the major players of the contemporary art world If you have an interest in the art world but are a beginner this could be an overwhelming but at the same time provides all of the history for you to get up to speed Schnayerson shares the most exciting stories and lives of the most influential dealers critics and collectors This is not to forget the artists who were the subject of this art period such as de Kooning Rauschenberg Pollock Johns Lichtenstein and Warhol If you want to learn how the art market moves and who is responsible for the movement this is the book for you

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A behind the scenes look at the egomaniacs geniuses and canny promoters who shaped the world of modern art and created the largest unregulated financial market in the world Before Damien Hirst stuffed a shark before Basuiat picked up a spray can before Andy Warhol started The Factory a pile of unwanted Jackson Pollocks changed everything From them emerged the firs. 4 gossipy exhaustiveincredulous stars The 2019 Jeez Louise Award Addendum March 30 2020 the BF and I watched a fabulous doc that would be a really good companion to this book The title is Blurred Lines and here is a previewhttpswwwyoutubecomwatchvhaxb Thank you to Netgalley the author and Perseus Books for a copy of this book in exchange for my honest review This book was released on 21 May 2019 and is currently available Wherever I travel I go to galleries and museums I love to lose myself in painting sculpture photography installation and architecture I know a fair bit about music a little bit about literature but almost nothing about art Despite reading and taking a course or two I am unable to hold a decent conversation My experience of art is so subjective and stuck in a mire of emotions that I often cannot articulate This excellent book is about our current and recent history of the business of art The book is lengthy entertaining and full of interesting anecdotes and character studies of who makes up this scenes From the artists like Koons and Basuiat to the mega dealers like Gagosian and Castelli Mr Shnayerson writes a book that will both shock and tantalize Contemporary art is driven by desire and greed and the price tags of many of the pieces will blow your mind Art is the playground of the rich that hoard and store and evade taxes or launder money Partnerships are formed alliances betrayed and courtroom battles ensue New York Paris Los Angeles and Hong Kong feature prominently Wheeling suealing and dealing Double crossing and Triple Crossing Wow This book would have been a 45 star read had it included photographs of the artists art dealers and works of art Sit near google while reading to look up everything you read aboutIn May 2015 Picasso's Women of Algiers Version O sold for almost 180 million dollars

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DOWNLOAD Boom By Michael Shnayerson ó PDF, eBook or Kindle ePUB ¼ ❰Reading❯ ➿ Boom Author Michael Shnayerson – A behind the scenes look at the egomaniacs geniuses and canny promoters who shaped the world of modern art and created the largest unregulated financial market in theIme Vanity Fair reporter tells us the story of contemporary art through the people who coddled supported and funded the likes of Jeff Koons and Cy TwomblyIt's a story of backstabbing betrayals fruitful partnerships genius and ever larger sums of money The world of contemporary art is inextricable from the wild wealth and naked financial opportunism that surrounds. Overview of the contemporary art market through the lens of the dealers who helped to build the market that we know now I was a bit disappointed that the book delivered less of the understanding of the business of the art world and structure of the art market and ended up being mostly a collection of name drops and anecdotes of dealers and artists not the high level overview and history of the market that I was hoping for But its portrayal of Gagosian its central figure was full of interesting insights on business and creating markets for products with lessons for anyone in the business of salesStory begins with the first postwar dealers Guggenheim Parsons Janis Castelli the most important of the bunch who set the tone for the next generations This generation mostly came from wealth and their rise coincided with rise of American art via abstract expressionism and a few specific artists Pollock de Kooning Clifford Still Barnet Newman Ellsworth Kelly among first artists living in NY industrial spaces at the South Street Seaport Castelli possessed a continental European air that gave comfort to American buyers and he helped pioneer industry wide trends like larger liveable stipends for premium artists Johns and Rauschenberg forged a path out of abstract expressionism into pop art mass culture satirical work that came next Liechtenstein Rosenuist Warhol Warhol’s Silver Liz and start of silkscreen techniues making him the 'Henry Ford of art'70s Evolution of art from abstract expressionism to pop art to minimalism stripping down personality from art to its basics pioneered by Donald Judd Paula Cooper and the first Soho gallery; Arne Glimcher's Pace; rising importance of auctions and influential collectors Saatchis and their ability to move markets with taste changes liuidations80s starting point of an NYC that had gone bankrupt in the 70s Conceptualism as a defining idea giving way to neo figuratism Idea of art market resembling a stock market with just a few very valuable shares that are hard to find; ability to find them in a secondary market defined the best dealers exemplified by Gagosian's extraordinary ability to know where to find inventory and to broker deals that made collectors on both sides happyRise of Gagosian as the key figure in the new art market that Castelli and peers had gotten off the ground postwar Unlike previous leading dealers with European connections and sophistication family money and upbringings around art Gagosian came from humble immigrant origins Armenian in California and got an accidental start in art selling posters on the side of job as a parking attendant Stared working with Castelli as a satellite in LA following model of Irving BlumOther trends in the 80s Deitch and the first corporate collectionpartnership with Citi; pictures generation in early 80s; new artists like Ruscha inspired by Johns promoted in CA by Blum; end of old world order of honor characterized by departure of artists like Judd from Castelli In this world the old guard Castelli had a need for Gagosian as a younger enforcer and financial partner Rise of neo geo movement Koons translation of pop art into 3D with a focus on mechanization; growth of London market led by Anthony d’Offay and artists like Lucian Freud and Richter Warhol and Basuiat deaths within months of each other; Koons as a torch carrier Gagosian and sale of posthumous Warhols with Mugrabi at famous Sotheby's auction exploring edges of auction market practice non disclosed reserves to ensure value of their collections was preserved and not damaged by a poor auction Beginning of uestionable financial practices like kind transactions dealers engaging in swaps to boost value on paper and avoid taxes90s began with late 80s boom and frenzy partly driven by corporate executives who learned art from corporate collections leading to a sudden downturn in 1990 Bill Acuavella and Freud in NY; conceptual and identity art in early 90s; Marshall and Whitney 1994 show on black art European dealers in NY Zwirner Hauser Wirth Gagosian competed most directly with Glimcher including over new Hollywood clients less with the new Europeans Koons figurative art combined with conceptual underpinnings and expensive material; marked the movement into art categorized by price category; nearly bankrupted multiple dealers underwriting Celebration series partnership with Deitch Sotheby’s fabrication agreement that sunk Deitch New forces in London Jopling White Cube and Hirst Migration of galleries from Soho to Chelsea as Soho was overtaken by retail Gagosian's appeal to his network of collectors sold them on an existential need for art and the ability to connect to others who shared this need it was important to buy into Gagosian and the brand of being a Gagosian client than to buy into the art itselfEvolution of the art world into the art market coinciding with the death of Castelli and move to Chelsea end of downtown community driven world coinciding with peak globalization c 1999 New market trends auction houses acting as dealers; secondary pricing driven by past salesauctions pluse markup with discounts for trusted collectors; primary pricing Gagosian live or die model Gagosian's timely London opening in 2000 first American dealer in London just in time for growing Russian presence and as d’Offay uit and gave Gagosian access to London clients Twombly Rise of LA scene MOCA Cal Arts2000s 2004 first year with auctions over 100mm Zwirner most risk taking of mega dealers took on minimalists and lesser known artists spiritual successor to Castelli Art fairs in 2000s and rise of art advisory model; Pace Gagosian and making estates a large part of the business; legal battles sellers not having rights to works artists upset at flipping agency laws and duty to seller 2012 2013 another wave of galleries into London due to rise of atari museum project 2013 peak of market emphasis on sales of 20th century masters Bacon Rothko Warhol de Kooning plus Koons Branding Wirth art farm key to mega dealers in world where artists could split dealers; Gagosian's idea of making a value system making art different from investing in companies Met Breuer and Lauder collection Met belatedly trying for relevance in modern art and retreat; controversy over museum board members’ ability to promote their own collections 2016 cases of tax evasion fraud money laundering use of freeports Zwirner following path of Gagosian less nurturing of rising artists taking on proven big artists Wall St approach of Sotheby’s bespoke advisory firm with art as one arm; Levy Gorvvy following this path on dealer side Increasing consolidation of big galleries strategies for smaller dealers to survive in a world dominated by mega dealers analogy of bifurcation between whale sharks and sucker fishSale of Salvatore Mundi raises the uestion of what will be first 1bn work of art