Larry Gagosian on Emerging Markets

by Art Fag City on November 24, 2009 Newswire


Emirates Palace, via Luxist

The National’s Sarah Douglas has a great (and rare) interview with Larry Gagosian, whom she labels “by far and away the world’s most powerful art dealer.” Gagosian speaks at length with the writer about Abu Dhabi, a center that he thinks offers tremendous market opportunities. We don’t doubt it. The Guggenheim Abu Dhabi is scheduled to open somewhere between 2011 and 2012 (according to Wikipedia, the museum’s site offers no date), and the region is known for its wealth.

Gagosian also discusses the decreased importance of New York as an art center, the increased activity within European centers, and even the self-described “intuitive” style in which he likes to run his gallery. “I actually enjoy this [intuitive] way of doing business,” he tells Douglas. “It's personally very exciting. It energizes me. I like going to cities that I like and having a gallery there. It's something that I'm comfortable with. I'm not opening a gallery in Athens or in Rome because the economy is slow. It doesn't really have to do with that.”

We’re pretty sure there’s a little more to the dealer’s decision making process than the enjoyment drawn from gallery-colonizing random cultural centers, but we’ll take his word that intuition is involved.

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