Word: feigen
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...half of whatever they bid and let the painting itself serve as collateral. With terms like those, skeptics mused, is it any wonder that art prices (and Sotheby's commissions) soared? "The auction houses turned the art market into a financial market," charges Manhattan art dealer Richard Feigen. "A responsible market doesn't allow you to wear two hats...
...community. "I welcome it," said Manhattan dealer Andre Emmerich, "because it will deflate the hyperinflationary atmosphere." Though the announcement may help restore buyer confidence that bids are not being manipulated, few dealers expect that prices will drop. "One way or another, the prices are going to go up," says Feigen. "But I'd rather it be natural than artificial...
...frenzied bidding has gone so high that many serious collectors and museums on tight budgets are being priced out of the market. But no ceiling is in sight. Says Richard Feigen, a Manhattan art dealer: "Investors have converted art into a financial instrument. The process isn't going to change...
...class of mega-rich Americans, some of whom are doubtless more interested in the prestige that comes with the ownership of art than they are in the art itself. "A few years ago, there was only a handful of people who could bid $1 million," says Art Dealer Richard Feigen. "Today you have unlimited billions, and at every one of these sales there are new faces...
Panel discussions following the April 15 keynote speech will focus on the way women work within the traditional law firm structure, alternate careers, and latest law developments as they affect women. A fourth panel is tentatively titled "Towards a Feminist Jurisprudence," Kuehl said. One confirmed panelist is Brenda Feigen-Fastau, who operates a feminist law firm in New York...