“I Either Wanted It, or I Wanted That Guy to Pay”: Inside the Wild West Auction for The Sugar Shack

And now, the forces within the art market are betting big on an artist who once struggled to break out of sales at auction houses such as Swann’s, which focuses on African American artists. On Thursday, New York galleries Ortuzar Projects and Andrew Kreps, along with the talent-agency-associated art venture UTA Fine Art, announced that they would all be jointly representing the Barnes estate going forward. The $15 million price was clearly well beyond even the most ambitious estimates, but there are signs that the market will only get stronger. No one is more bullish than the man who just… Read Full Article