Art is a cornerstone of moneyed society in New York, with pieces regularly selling for millions of dollars. But most artists rarely see any of this bounty, making it harder for them to afford to live and work here. There is, however, a way to make it. The key for many artists is to think as much about the market as the art.
That’s what Dumas is trying to do as he grapples with the reality that today’s art world is increasingly market-driven: A few well-known artists create specific genres of paintings (or have their assistants produce the work), and the galleries that sell those pieces earn the vast majority of the money.
Almost everyone else loses.