Billionaires Join Celebrities at Armory Show on Art Surge
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Galerie Thaddaeus Ropac sold $2.4 million of blue-chip art halfway through the exclusive opening of the Armory Show this week in New York, as the city’s biggest event of its kind got off to a busy start.
A Chinese client purchased a 10-foot-tall painting by Georg Baselitz for $660,000, and a French collector paid $1 million for a Tony Cragg heap of bulbous stainless steel resembling, from one angle, the Mad Hatter’s hat. Robert Longo’s large photo-realist drawing depicting a Burning Man scene went to an American buyer for $380,000.