“Long winter for Old Masters” headlined the Financial Times’ Collecting section this past weekend, referring to the bad performances of London Old Master auctions the previous week. Although Georgina Adam is right in making this statement, what isn’t mentioned is the serious lack of good quality paintings on offer, the ridiculously high estimates given by auction house experts, and a headline lot failing to sell because of authenticity concerns.
Earlier this week Kara Walker's impressive large installation was unveiled to a star-studded crowd in New York at Creative Time's annual benefit. This 75-foot-high white sphinx sculpture is made of sugar and sits in the decommissioned Domino Sugar Factor in Williamsburg, Brooklyn.
