Last year Artforum magazine, one of the country’s leading contemporary art monthlies, felt as fat as a phone book, with issues running to 500 pages, most of them gallery advertisements. The current issue has just over 200 pages. Many ads have disappeared.
The contemporary art market, with its abiding reputation for foggy deals and puffy values, is a vulnerable organism, traditionally hit early and hard by economic malaise. That’s what’s happening now. Sales are vaporizing. Careers are leaking air. Chelsea rents are due. The boom that was is no more.
I used to teach college. Straight out of grad school I landed a full time job teaching at a university in NYC. I took it and I moved to New York. In Chicago-money I would have been well off, but in New York as a full time faculty member at a university, my standard of
Art Work is a newspaper and accompanying website that consists of writings and images from artists, activists, writers, critics, and others on the topic of working within depressed economies and how that impacts artistic process, compensation and artistic property. The newspaper is distributed for free at sites and from people throughout the United States and Puerto Rico. It is also available by mail order from Half Letter Press for the cost of postage.