Basquiat’s Baby Boom (1982). © The Estate of Jean-Michel Basquiat, ADAGP, Paris and ARS, New York.
- Well, the blue chip market seems to be doing just fine, if sales at this year’s Art Basel VIP opening were any indication. [Financial Times]
- ….and apparently lots of art from the 1980s has now entered the blue chip club. Basel is chock full of 80s nostalgia with high price tags. [artnet News]
- Industry researchers predict that the United States will need to add 4.6 million new apartments by 2030 to keep pace with demand. So far, most cities have failed to add enough new units of housing, and what gets built is usually just for the luxury market, leading to the affordability crisis nationwide. [Curbed]
- Alexander Forbes argues that documenta 14 curators have failed the artists involved. This is mostly due to the near total absence of wall text, including artists’ names. It seems like the organizers overlooked a lot of details here. [Artsy]
- A new art fair, Upstairs Art Fair, is coming to the Hamptons this July. Why the hell are they doing this? Multiple fairs have cancelled their Hamptons iterations recently because they tend to be the lower-profile events as the calendar is too damn full of art fairs. Dealers and collectors alike are stretched too thin. [ARTnews]
