Few metropolises are as vibrant on the cultural scene as New York.
Such is the conclusion of the newest report by UBS and Arts Economics on the position of cities in the US art ecosystem.
Indeed, the Big Apple is a hotbed of artists, but in addition of museums and art galleries.
The figures converse for themselves: the United States is the powerhouse of the world’s art market. Some 43% of all international auctions passed off there in 2021, in accordance to the report “The Role of Cities in the US Art Ecosystem.”
If a number of American cities contribute to this effervescence, New York performs a major position in contributing to this impact. It is dwelling to greater than 1 / 4 of the nation’s art establishments (26%), in contrast to its rival, Los Angeles, which hosts solely 7%. New York can also be notably vibrant when it comes to art exhibitions. The metropolis’s cultural establishments staged 36% of all exhibitions held in the United States between 2017 and 2021. That’s 9 occasions greater than San Francisco, Miami and even Chicago.
Plus, the UBS and Arts Economics examine reveals that the Big Apple is especially enticing to American and worldwide art collectors. They rank it as the third hottest metropolis to go to for art exhibitions and festivals, behind London and Paris. Two different American cities additionally make the grade: Los Angeles (sixth place) and Miami (eighth place).
If New York is the US capital of the arts, its supremacy is more and more challenged by Los Angeles. The cultural scene in the City of Angels has developed loads in the final decade, each by way of art festivals, and museums and galleries. However, the metropolis’s galleries take few dangers with regard to the artists they showcase. Some 23% of Los Angeles galleries featured “rising” expertise between 2017 and 2021, in contrast to 39% of Chicago galleries. And whereas Los Angeles museums proved equally risk-averse, they have been notably much less so than museums in San Francisco or New York.
Miami and Chicago stand out on the illustration of ladies in the arts, a topic that has develop into notably necessary lately. Miami is the solely US metropolis the place rising feminine artists are extra possible than their male counterparts to get their work exhibited for the first time. They are additionally notably seen in Chicago’s art galleries, the place 43% of the artists exhibited are girls. – AFP
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