Pulling Art Sales Out of Thinning Air
http://www.nytimes.com/2009/03/08/business/08larry.html
Mr. Gagosian, in short, is a one-man Nasdaq, an exchange where he helps set the price, not to mention the size of his commission. Unlike an actual stock exchange, though, this one is always open for business, and when it doesn’t get expected trades, it gets loud and profane. Mr. Gagosian has been known to pepper art consultants contemplating the terms of a deal with 20 calls in a single day, and if the answer isn’t the one he wants, you’re advised to keep the children away from the phone.
- David Segal
Useful link:
www.gagosian.com
The curious story of Larry Gagosian was interesting. Thank you David.
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