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The New York Times takes a shot at a trend piece on the gallery landscape in New York after a series of recent closings. After some stabs at trying to compare the art economy to “the solidifying of a class society,” the Times draws sweeping conclusions:
rather than visiting individual galleries — and perhaps discovering new talent — collectors are focusing on market-tested trophy works carried by major dealers; are sometimes buying from Instagram or other online images without seeing the work in person; and are less willing to gamble on the emerging artists represented by small and midsize galleries.