Museums spent more and expanded in ‘07 (Newsday)
More money than ever sloshed around the art world this year, sharpening the air of frenzy around the major auctions, propelling young artists from the cold-water walkup into sudden affluence, keeping private art consultants busy and raising museums’ ambitions as well as costs. Just two contemporary art auctions - at Christie’s and Sotheby’s - brought in $641 million between them. And that’s not …
From running news on Greek real estate