Posted inNews

As New Landmark District Emerges in East Village, One Building is Left Behind

On Tuesday, a partial victory was made in preserving a part of New York City history. The Landmarks Preservation Commission announced a new landmark district on East 10th Street between Avenues A and B, which is lined with single-family homes dating back to the 1840s. The only issue: Building 315 that, stands smack dab in the middle of the street, fell through the cracks.

Posted inNews

As Chinese Artist Unseats Picasso, New Collectors Rise in China

Proof of the Chinese art market blowing up can no longer be denied. On Wednesday, Bloomberg reported that two Chinese artists Zhang Daqian (1899-1983) and Qi Baishi (1864-1957) reign supreme in the art market, replacing Picasso as the top earner for 2011. Artprice has ranked Picasso as the highest grossing artist for the past 13 years, but with overall sales of $506.7 million this year, Daqian easily unseated the Cubism master. Meanwhile, Picasso tumbled down to fourth place, one below Andy Warhol, with total sales of only $311.6 million.