Speculators Win Big With Bets on Young Artists

When demand outstrips supply, there is huge money to be made by “flipping”— the practice of buying low from the artist’s gallery and reselling high at auction.

#art, #collectors-and-collections, #content-type-personal-profile, #crosby-njideka-akunyili, #finances, #ghana, #murillo-oscar-1986, #phillips-auctioneers-llc, #smith-lucien-1989, #victoria-miro, #yukhnovich-flora

Afrofuturist Room at the Met Redresses a Racial Trauma

“Before Yesterday We Could Fly,” a novel approach to the period room, threads together past, present and future. It focuses on Seneca Village, a Black community whose erasure still reverberates.

#africa, #art, #beachler-hannah, #black-lives-matter-movement, #black-panther-movie, #black-people, #crosby-njideka-akunyili, #fifth-avenue-manhattan-ny, #metropolitan-museum-of-art, #museums, #parks-and-other-recreation-areas, #race-and-ethnicity, #seneca-village-manhattan-ny