Category: World Finance
An Ounce of Protection
Art title insurance can help hedge against an uncertain past By CharlesanaTbomas Danziger as one of our smarter clients once observed, the problem with the future is that its hard to predict. This is particularly true in the art world, where uncertainty regarding ownership of works of art can be extremely damaging, and where a [...]
Authenticators Close Up Shop
WARHOL FOUNDATION CITES LEGAL COSTS AS GROUNDS FOR DISSOLVING THE BOARD the andy warhol Foundation for the Visual Arts has announced that it will pull the plug on its litigation – plagued 16 – year – old Andy Warhol Art Authentication Board. The decision, which sent shock waves through the art market, followed the organizations [...]
THE COMPETITION HEATS UP BETWEEN FRIEZE AND FIAC
Octobers two – week marathon of art fairs and auctions in London and Paris, besides proving surprisingly successful, spurred a vigorous debate about the relative merits of Frieze and fiac Devoted to primary – market contemporary art, Frieze is nearing its 10th anniversary in its trademark Regents Park tent, while fiac, at 38, presents both [...]
Robert Ketterer
Ketterer Kunst, of Munich, is at the top of its game. The family – owned auction house, which just celebrated its 67th anniversary, realized its best – ever annual earnings, $36 million, in 2010 —thanks in part to the $2.3 million earned by an Ernst Ludwig Kirchner portrait, which tied with a Pieter Brueghel as [...]
Millennial Marketing
Offer value and exclusivity to resonate with this group, says Michael Wood of research firm TRU. Residential Lighting: How do you define Millennials? Michael Wood: Millennials – 77 million at last count – were born between roughly 1980 and 2000. Technology, specifically the Internet, is part of their daily life. Theyre diversity – positive, seeking [...]
Fables of the Reconstruction
THE CURRENT BUST IN CONSTRUCTION CANT BE EXPLAINED BY A MID – DECADE BOOM IN HOME BUILDING OR HOUSE SIZES. ONE THING EVERYONE KNOWS is that OUI current economic woes are driven by a precipitous decline in the construction industry, itself a hangover of the enormous boom in construction of the aughts. As the economist [...]
Combat Ready
THE U.S. DEPARTMENT OF DEFENSE HAS ADDED A NEW TACTIC TO ITS ARSENAL: SUSTAINABLE DESIGN. when the u.s. army corps of Engineers set out to redesign the infrastructure at Fort Leonard Wood, Mo., they shot for the moon. A team of nearly 30 USACE engineers, architects, and scientists from across 18 districts in two countries [...]
