Moveable Feast – The Art Trade Takes To The International Circuit

“By offering what a gallery cannot — seemingly endless gawking at artwork, artists and celebrities — the fairs are as popular, glamorous and fizzy as Cristal, attracting both the new moneyed classes that fly in from Kiev, Shanghai, Doha or Abu Dhabi and the serious American collectors who now prefer to do their browsing at fairs at home and abroad.”

Regional Governments Warn Detroit About Tax Loss If DIA Art Sold

“On Tuesday, officials in Oakland County — one of three Michigan counties that agreed last year to institute a property tax increase to save the Detroit Institute from devastating budget cuts — unanimously approved a resolution warning that any attempt to use the museum’s collection or budget to raise money for the city’s creditors would “terminate any obligation” of the county to continue to provide support.”

Christie’s Sued By Insurer Over Superstorm Sandy Damage

“Christie’s Fine Art Storage Services is being hit with a lawsuit in New York court alleging that its ‘gross negligence’ during Superstorm Sandy damaged art collected by late cellist Gregor Piatigorsky. The facility in Red Hook, Brooklyn is a wholly owned subsidiary of Christie’s auction house that stores and protects art for outside clients.”