Jerry Saltz's lecture at the New York Studio School, April 22, 2009
Although as a gallery owner I would like to say that this statement is completely untrue and everything is currently on the "up and up", I am in fact unsure. I have experienced increased traffic at the openings, excitement for the Westside Arts 3rd Saturday Art Walks, and an increase in sales since 2008, but as for the future, I can only speculate.
In his lecture, Saltz points to many problems for the art world's recent demise, namely the plethora of over-academicized curators and critics that favor "late late late late conceptualism." Saltz explains, "In the art world, the pleasure police came in, and sterility reigned." He also cites the over-heated market and the "feeding frenzy" that is the art fair as capitalism and consumption gone completely awry. He goes so far as to pinpoint that instead of the art market being so clever that curators and gallerists would only show the best work, in actuality, "the art market is so dumb that it buys anything other people are buying." He goes on to state that this has led to the dominance of very few styles and the "celebrity" of four artists, in particular: Damien Hirst, Jeff Koons, Takashi Murakami, and Richard Prince. Though this has been the norm in the past...the times they are a changin'.
Saltz concludes by indicating that the new art world, "will be something we won't recognize and will be dominated by names we don't know today." Saltz rallies for a new plurality of the art world and buying art for more than just a financial investment. And, although we are all venturing into unchartered territory, since "buy what you love" has always been my philosophy, I have to say, I am feeling pretty good about where we are headed.
4 comments:
This is a lot to digest, but we have heard similar critiques in the past. And I agree Emily, buying for love is the only thing that really feels right.
Agreed. I think the market and need for original art will only increase as home furnishings become more easily accessible and generic. Watching Pottery Barn spit out designer knock-off season after season is making some of us desperate to own that one great piece of art that nobody else will have.
Interesting post!
The art market in NYC has been stagnant and ruled by too few people for too long. They have created a bubble not unlike the one in the banking and housing industry. Time for new blood and a return to people buying art out of passion for it rather belief it can increase their portfolio or social status and outside the pretense of a gallery scene driven by elitism and bottom line. Art makes your home more enjoyable to live in! Buy art from a living artist who you love.
Interesting observations. With prices and styles for just about any budget and taste original art is now more affordable than ever. This is a wonderful thing for those who appreciate art.
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