No longer does museum validation or scholarly attention determine a painting’s value. Now, the collectors’ hunger comes first, and institutions must follow.
Auction houses like Sotheby’s and Christie’s will no longer need to be licensed as part of a sweeping package designed to promote a business-friendly climate.
The exhibition at the Starrett-Lehigh building in Chelsea features more than 200 artworks and artifacts from the collection of the artist’s estate, most of which have never been seen.