NM

.
John Haber on New Museum controversy.

"The museum is doing a fascinating project" argues Jeffrey Deitch. Deitch is also curator of the Joannu collection.

Deitch employee (and artist) Kathy Grayson requests "a little respect for the inderdisciplinarity we all celebrate", lauding Jannou's brilliance and the "obvious coolness of the most important artist of the last few decades doing a curatorial project".

"If Louis XIV was alive today he'd own a Jeff Koons balloon dog" - Hrag Vartanian.

----------------------

Jerry Saltz vs. People Who Know What They Are Talking About:

"It is a joke, by the way, to think that Joannou’s collection will increase in value after being shown here. If anything, using three floors of the New Museum will overexpose the art and decrease its value" – Jerry Saltz, NYMag, 11/11

"It is also extremely questionable to say that showing art in a museum increases its value" - Jerry Saltz, NYMag, 11/16

“Showing at a museum gives credence to the works a collector has assembled and does add value to the asset” - John Arena, senior vice president in custom credit at U.S. Trust, Bank of America Private Wealth Management, NYTimes, 11/10

“(A museum) is not supposed to surrender itself to a trustee and donor whose collection stands to be enhanced in value by a major museum show.” – Noah Kupferman, Private Client Manager at US Trust, Bank of America Private Wealth Management, former specialist at Sotheby’s, currently teaches a course called Fine Art as a Financial Asset at New York University, NYTimes, 11/10.