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  <button class="w-full mb-6 mt-2">CREATE AN ACCOUNT</button>
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              <div class="uppercase font-bold">CREATE AN ACCOUNT with Google</div>
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  <div class="font-bold mt-8">OR USE EMAIL &amp; PASSWORD</div>
  <div id="signup-email-modal" class="text-left">
    <input class="w-full my-2" name="login__email" type="email" placeholder="Your email address">
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Text Content

 * Washington
   
   --------------------------------------------------------------------------------
   
   
   ABOUT TULSI GABBARD…
   
   Abby Livingston
   
   
   
   
   PARTY ANIMALS
   
   John Heilemann
   
   
   TINA NGUYEN
   
   Puck’s resident MAGA expert and insider, chronicling the transformation of
   the G.O.P. and the egos and intrigues within Trumpworld. Tina was previously
   a political correspondent at Politico and Vanity Fair.
   
   Latest Articles
 * Wall Street
   
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   APOLLO LANDS IN WASHINGTON
   
   William D. Cohan
   
   
   
   
   CABLE PREPARES FOR THE VALUE EXTRACTION ERA
   
   William D. Cohan
   
   
   DRY POWDER
   
   William D. Cohan • Wednesday and Sunday
   
   Unique and privileged insight into the private conversation going on inside
   Wall Street, as told by the best-selling journalist and former M&A banker.
   
   Read The Latest Newsletter
 * Silicon Valley
   
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   ONLYFANS’ LAW & ORDER
   
   Eriq Gardner
   
   
   
   
   TIKTOK’S ROUGH DAY IN COURT
   
   Eriq Gardner
   
   
   ERIQ GARDNER
   
   An industry-leading entertainment law expert reporting on the intersection of
   Hollywood, Washington, Wall Street, and media. Eriq was previously legal
   editor-at-large at The Hollywood Reporter.
   
   Latest Articles
 * Hollywood
   
   --------------------------------------------------------------------------------
   
   
   NETFLIX’S PATERNITY TEST
   
   Eriq Gardner
   
   
   
   
   ‘RED ONE’ & THE NEW ARITHMETIC OF FLOPS
   
   Scott Mendelson
   
   
   THE TOWN
   
   Hosted by Puck founding partner and Hollywood expert Matt Belloni and The
   Ringer’s Bill Simmons, covering breaking news and the inner workings of
   showbiz.
   
   Listen to Podcast Episode
 * Media
   
   --------------------------------------------------------------------------------
   
   
   MIKA & JOE’S EXCELLENT ADVENTURE
   
   Dylan Byers
   
   
   
   
   THE MARK-EST HOUR
   
   Dylan Byers
   
   
   IN THE ROOM
   
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CAN A MILLION-DOLLAR BANANA SAVE THE ART MARKET?

More than anything, the art market needs a narrative. With a million-dollar
banana (plus duct tape) on offer at Sotheby’s, and a $95 million Magritte poised
to potentially go much higher, could this be the season that renews the market’s
momentum?

Maurizio Cattelan, Comedian (2019), estimated at $1 million. Photo: Timothy A.
Clary/AFP/Getty Images
Marion Maneker
October 27, 2024
SHARE

It’s a lot to ask of a banana and a strip of duct tape. But the announcement
late last week that Sotheby’s would be offering Maurizio Cattelan’s
firestorm-provoking 2019 artwork, Comedian, in its November sales with a $1
million estimate, made me think that specialist David Galperin might have just
picked the lock on what’s holding the art market back. “In a moment where there
is seemingly so much anxiety about the market,” Galperin told me on Friday, “it
is an object that brings a great deal of humor and levity.” The piece also
brings a great deal of controversy. And, if it sells for a great deal more than
the already goggling million-dollar estimate, it could bring back some heat and
FOMO to the art market. That’s a desperately missing ingredient right now. 

The act of auctioning a set of instructions for mounting a banana to the wall
with a strip of duct tape (at a 45º angle) raises a number of deliberately
provocative questions: What is art? Why is it valuable? (“It’s a work that
addresses the idea of value,” Galperin says.) Controversy, of course, is a
magnet for publicity and crowds. Which is why Sotheby’s, eager for some good
publicity—or at least some media attention—is sending the work on a nine-city
tour. “It’s an unparalleled effort,” Galperin joked, referring to the supposedly
complicated logistics of the banana making one-day appearances in London, Paris,
Milan, Hong Kong, Dubai, Taipei, Tokyo, and Los Angeles before it takes up a
12-day residence in New York. “It’s very expensive to ship this around the
world.”

--------------------------------------------------------------------------------

Marion Maneker • November 19, 2024

MILLER’S CROSSING


Marion Maneker • November 17, 2024

KEEPING UP WITH THE NEUENDORFS


Marion Maneker • November 12, 2024

A CECILY BROWN CHRISTMAS

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LATEST ARTICLES FROM ART


Marion Maneker • November 10, 2024

THE ART MARKET’S NEW NOVEMBER MATH

A rise in the competition for third-party guarantees and attractive presale
estimates indicate that dealers and consignors are feeling good about the
upcoming auctions, including Mica Ertegun’s $95 million Magritte, Sid Bass’s $50
million Ruscha, and a “value proposition” $20 million Basquiat.

Marion Maneker • November 5, 2024

KEITH HARING’S MISSING MARKET

Haring, the iconic New York street artist, became a pop culture icon but never
developed a market to rival Basquiat, his more collectible contemporary. A sale
of his subway drawings, at Sotheby’s, aims to change all that.

Marion Maneker • November 3, 2024

DE KOONING DOES DALLAS

No longer an art world outlier, thanks partly to the booming financial services
industry, Dallas is home to a trove of contemporary works by Warhol, de Kooning,
Agnes Martin, Gerhard Richter, Cy Twombly, Jasper Johns, and other postwar
greats, hanging inside the private homes of the city’s longtime art patrons.

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--------------------------------------------------------------------------------


Marion Maneker • October 29, 2024

THE INVISIBLE WESSELMANN

The Fondation Louis Vuitton is staging an ambitious, poppy retrospective of the
sex-obsessed Midwestern artist—complete with contextual support from Warhols and
Lichtensteins—to make the case that Wesselmann does matter, even if he’s not
easy to sell. The Mugrabis, one of the biggest holders of his art, are betting
on a turnaround.

Marion Maneker • October 22, 2024

STILL LIFE WITH PARIS

Absent a unifying theme to the Art Basel Paris auctions, the list of dynamic
lots suggest that collectors are following their own paths through these
auctions, and looking for works of idiosyncratic value rather than chasing a
market trend.

Marion Maneker • October 20, 2024

PARIS WHEN IT SIZZLES

Sure, Paris pulled out the stops for the Olympics. But for Art Basel, the French
seemed determined to put on a cultural spectacle to match the Summer Games this
fall—and they did. Is this the beginning of a new art market narrative?

--------------------------------------------------------------------------------



--------------------------------------------------------------------------------


Marion Maneker • October 15, 2024

AD HOCKNEY

Reminiscences about the signs of life in London—Christie’s domination, Sotheby’s
Hockney success, nostalgia for Koons, Hirst, Ruscha, Prince, Freud, and de
Kooning. Next up: Paris!
SEE ALL ART

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LATEST ARTICLES FROM ART


Marion Maneker • October 13, 2024

VANITY FAIR

Despite an art market downturn, London put on a great week of business that
reminded everyone why Frieze has been a pillar of the global art circuit for
more than two decades. Herewith, a tale of Sotheby’s, Christie’s, Degas,
Hockney, Odundo, Whitten, and more.

Marion Maneker • October 8, 2024

FRIEZE FRAMES

News and notes from the British art fair circuit surrounding Frieze: the biggest
sales, the debate over activity in the private market, attendance anxiety, and
the battle with Paris.

Marion Maneker • October 6, 2024

A MIDSEASON ART MARKET VIBE CHECK

A quick look at the numbers from New York’s midseason contemporary art sales
suggests the market is improving slowly but surely. More money was spent in this
year’s sales relative to last year, and the indicators were broadly healthy—even
if the sales provided little in the way of excitement.

--------------------------------------------------------------------------------



--------------------------------------------------------------------------------


Marion Maneker • October 1, 2024

WIN, LOSE, OR DRAHI

A 280-year-old company can withstand a lot more than bad press, but it’s
undeniably been a rough month for Sotheby’s amid an art market slump, employee
jitters, and feverish speculation surrounding fresh Emirati cash. Does Patrick
Drahi have a plan, beyond muddling through?

Marion Maneker • September 29, 2024

YEAR OF THE CAMEL

In the white-hot market for the hybrid sculpture-furniture works by the late
husband-and-wife team known as Les Lalanne, nothing is as it seems. Camels are
couches, hippos are bars, and the prices always seem to be going higher and
higher. This fall, after an opulent show in a Venice palazzo, the auctions may
give us even more to talk about.

Marion Maneker • September 24, 2024

A TALE OF TWO SOTHEBY’S

As the world’s largest auction house prepares to move into its new flagship HQ,
in the former Whitney, questions abound as to what its new Emirati investors
want, whether Patrick Drahi can retain control, and which employees will be sent
packing to Siberia (i.e., Long Island City).

--------------------------------------------------------------------------------



--------------------------------------------------------------------------------


Marion Maneker • September 22, 2024

FALL’S ART MARKET AWAKENING

A wealth of new offerings at Christie’s and Sotheby’s aim to rouse the art
market from its recent somnolence, with a spate of attractively priced major
works in the mid-range. Is the market on the verge of a real rebound, or merely
enjoying the artificial uplift of a manufactured narrative?
SEE ALL ART

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