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James Tarmy

New York

Writer at Bloomberg News

writer for bloomberg news [email protected]

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Articles

  • 1 week ago | bloomberg.com | James Tarmy

    The crowd on opening day of Art Basel 2025. (Bloomberg) -- About halfway through the opening day of Art Basel’s fair in Switzerland, the dealer Larry Gagosian was sitting on a bench near his booth. Crowds—incredibly thick when the art fair opened to VIPs at 11 a.m.—had dispersed a bit as grandees shuffled into the convention center courtyard for lunch, queuing up for sausages, oysters and ice cream cones.

  • 1 week ago | bloomberg.com | James Tarmy

    (Bloomberg Businessweek) -- Despite his vast riches, newspaper heir Samuel Irving “Si” Newhouse Jr. didn’t count for much in midcentury New York. The son of a self-made magnate who’d been publicly dismissed as a “journalist chiffonier”—a ragpicker—he was a new-money Jew, stymied in society by a city stratified by race, religion and generational wealth.

  • 2 weeks ago | bloomberg.com | James Tarmy

    Leonora Carrington’s Sueño de Sirenas (Mermaid’s Dream), from 1963. (Bloomberg) -- When the Swiss edition of Art Basel opens to VIPs on June 17 (public days are the 19th through the 22nd), Pace gallery’s booth will feature a 6-foot-tall Picasso priced “in excess of” $30 million. Oftentimes, with a work this expensive (and even far less expensive), galleries do their utmost to secure a buyer well before the fair opens, soliciting offers in a phenomenon known as preselling.

  • 1 month ago | bloomberg.com | James Tarmy

    (Bloomberg) -- Despite the current right-wing obsession with gender orientation, it feels pretty retrograde to discuss a public figure’s sex life in 2025. As long as it’s between consenting adults, who cares? And yet it’s impossible to review Barry Diller’s new memoir, (Simon & Schuster, May 20) without putting his physical relationships with men front and center.

  • 1 month ago | bloomberg.com | James Tarmy

    A crowd waiting to get into Art Basel Miami Beach in 2024. (Bloomberg) -- Art Basel is expanding again. Next year the Swiss-based art fair will open an edition in Doha, Qatar’s capital city. “We’re starting small,” says Art Basel CEO Noah Horowitz. “This is going to come to market in February next year in a very considered and measured way.”The inaugural fair, Horowitz says, will include booths from about 50 galleries.

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James Tarmy
James Tarmy @jstarmy
15 Nov 23

RT @business: The 96-year-old painter Alex Katz has been quietly giving away millions in funds and paintings—and boosting small museums and…

James Tarmy
James Tarmy @jstarmy
20 Sep 23

RT @business: Auction sales of younger artists has slowed, which means collectors are searching for the next big thing in art https://t.co/…

James Tarmy
James Tarmy @jstarmy
1 Jun 23

RT @business: NEW: The Whitney is selling its landmark Madison Avenue building to Sotheby's auction house https://t.co/tBn1j3Cz24