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Mixed results in New York

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At the end of the first quarter of 2009, the global art market price index showed a 10% contraction. But in New York City, host to some of the world’s most prestigious art sales, the crisis is being felt particularly hard: the same index shows a 35% local contraction since January 2008.

[05/26/2009] - Read more

Christie’s and Sotheby’s prepare their prestige May sales in New York

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The market is holding its breath ahead of the critical May sales in New York that will inevitably gauge the health of the Impressionist, Modern and Contemporary segments. As expected, the price tags are substantially lower than a year earlier in all three segments

[05/04/2009] - Read more

Contemporary art: record prices!

0506-23_01_01

New York sales of contemporary art have confirmed the exceptional dynamism of this market in mid season. Over three days – from 9 to 11 May – Sotheby’s, Christie’s and Phillips managed to sell no less than 77 works of contemporary art over the USD 1 million mark. During May 2005, only 44 pieces reached the 1 million mark, and in May 2001 the figure was just 24.

[05/23/2006] - Read more

David Hockney

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Born in 1937 in Bradford (Yorkshire), David Hockney entered the Royal College of Art in London in 1957. In the 1960s, he moved away from abstract expressionism and began experimenting with figurative art combining abstract, figurative and pop art. He began producing engravings in 1961. A few years later when he had moved to Los Angeles, he began applying new light and colours to his work. His work became naturalistic and more autobiographical. He painted interior scenes and his famous swimming pools, in particular The Bigger Splash which won him international acclaim. He also produced numerous portraits, often of close family members or friends. From the 1970s, he started dedicating more time to large-format double portraits, an aspect he would apply later in his watercolours.

[04/24/2006] - Read more
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