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...Argentina's independence from Spain, this Norman Foster-designed, 125,000-sq-m residential and commercial complex is visualized as an epoch-defining landmark. Both the hotel and the Aleph are in turn envisaged as part of a fully fledged art district that attempts to revive Buenos Aires' early 20th century belle epoque. A grand endeavor indeed, but Faena has already shown that he can create something special where others might see folly...

Author: /time Magazine | Title: Mr. Universe | 3/29/2007 | See Source »

...after his patron died, they were torn down) and in the Vatican (to make room for Raphael frescoes in the early 16th century). But his surviving works show a subtle mastery that influenced Raphael, Venetian painter Gentile Bellini and visiting Flemish painters along the Adriatic coast. He even inspired 20th century surrealists...

Author: /time Magazine | Title: Rediscovered Master | 3/29/2007 | See Source »

...days of people hanging important paintings on the wall and then sticking a re-edition Barcelona chair in front of them are over," says Reed Krakoff, creative director of Coach. Krakoff is talking about the growing interest among art collectors and design aficionados like himself for limited-edition 20th century and contemporary design...

Author: /time Magazine | Title: Take a Seat | 3/29/2007 | See Source »

...Last June a prototype of Newson's aluminum Lockheed Lounge, perhaps the most iconic piece in the post-1985 contemporary market, fetched $968,000 at Sotheby's in New York City--the highest price ever paid for the work of a living designer. According to James Zemaitis, director of 20th century design at Sotheby's, the average price for a piece at the auction house's December show, the biggest of the year, was $30,000. But based on the current interest in the market, Zemaitis estimates that over the next few years a rare piece that might sell...

Author: /time Magazine | Title: Take a Seat | 3/29/2007 | See Source »

...Price points in the hundreds of thousands of dollars are not that unusual anymore," says Zesty Meyers of R 20th Century, a New York City gallery that deals in designers like Wendell Castle and Maria Pergay. "We are only in the infancy of this market. There's a huge potential, and the prices are only going...

Author: /time Magazine | Title: Take a Seat | 3/29/2007 | See Source »

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