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January 1970
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The Art World’s Patron Satan, by Deleted on Dec 30, 2014 20:34:23 GMT 1,
mobile.nytimes.com/2015/01/04/magazine/the-art-worlds-patron-satan.html?referrer=&_r=0
"Critics charge that Simchowitz often preys on vulnerable young artists without gallery representation — some say without talent — and buys up huge quantities of their work, then flips the pieces back and forth at escalating prices among a cultivated group of buyers: a network of movie stars, professional poker players, orthodontists, nightclub promoters, financiers, football players and corned-beef magnates, many of whom hold Simchowitz in such high esteem that they’re willing to purchase the pieces he acquires for them sight unseen, artist unnamed. In March, in an online screed for New York magazine, the art critic Jerry Saltz tore into Simchowitz with unusual ferocity, dubbing him a “Sith Lord” and the Pied Piper of the “New Cynicism.” Simchowitz’s artists may enjoy a temporary surge in prices, his critics argue, but they typically see little of the upside; in any case, or so the story goes, once their bubbles pop, they’re left for dead."
Saltz on Stefan Simchowitz, the Greatest Art-Flipper of Them All
www.vulture.com/2014/03/saltz-on-the-great-and-powerful-simchowitz.html
mobile.nytimes.com/2015/01/04/magazine/the-art-worlds-patron-satan.html?referrer=&_r=0
"Critics charge that Simchowitz often preys on vulnerable young artists without gallery representation — some say without talent — and buys up huge quantities of their work, then flips the pieces back and forth at escalating prices among a cultivated group of buyers: a network of movie stars, professional poker players, orthodontists, nightclub promoters, financiers, football players and corned-beef magnates, many of whom hold Simchowitz in such high esteem that they’re willing to purchase the pieces he acquires for them sight unseen, artist unnamed. In March, in an online screed for New York magazine, the art critic Jerry Saltz tore into Simchowitz with unusual ferocity, dubbing him a “Sith Lord” and the Pied Piper of the “New Cynicism.” Simchowitz’s artists may enjoy a temporary surge in prices, his critics argue, but they typically see little of the upside; in any case, or so the story goes, once their bubbles pop, they’re left for dead."
Saltz on Stefan Simchowitz, the Greatest Art-Flipper of Them All
www.vulture.com/2014/03/saltz-on-the-great-and-powerful-simchowitz.html
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