Detroit Fire Sale?

The city’s bean counters have their eyes on the masterpieces at the Detroit Institute of Arts.

via WSJ.com: Arts & Entertainment http://online.wsj.com/article/SB10001424127887324412604578515610762790192.html?mod=rss_Arts_and_Entertainment

New Bidders Push Up Prices at Christie’s

London auction house Christie’s International sold $127.7 million worth of contemporary art on Wednesday, thanks to an influx of newcomers eager for trophy art alongside veteran buyers who were willing to mop up the rest.

via WSJ.com: Arts & Entertainment http://online.wsj.com/article/SB10001424127887324162304578302730506763000.html?mod=rss_Arts_and_Entertainment

Literary East Village Loses Another Longstanding Page

When the Bowery Poetry Club closed its doors last week, it sent a familiar ripple of dismay through the East Village. But that doesn’t mean the word is dead in the rapidly gentrifying neighborhood.

via WSJ.com: Arts & Entertainment http://online.wsj.com/article/SB10000872396390443437504577547114169410338.html?mod=rss_Arts_and_Entertainment