Month: September 2015

Street Art Finds a Home in Atlanta

posted by – 09/30/15 @ 4:50pm

Street Art by Roa               

There are few cities in which side by side to a primarily southern, conservative population exists a vibrant culture of avant-garde, organic artistic creation. Today, the booming urban sprawl of Atlanta has provided artists with a niche to define themselves, which is limited in the traditional avant-garde meccas of NYC and LA, where the players and styles, particularly in street art, have already cemented their identities within the art world.

Street art, pioneered far away from the metropolises of the southern wild, has taken root in city once defined by conservatism and a reverence for tradition. Over the past 30 years, Atlanta has grown from a sleepy medium-sized city of 2 million to one of the largest city centers in the U.S. This demographic shift has brought with it the headwinds of the street art movement, which over the past several decades has grown to a level of national prominence, especially among millennials, as pioneers like Banksy, Shepard Fairy and others have consistently pushed artistic boundaries forward. The often politically charged and controversial works of street artists seem at first glance out of place in a generally traditional city such as Atlanta, but the relatively low cost of living and lack of established artists has created an environment of opportunity for young, ambitious artists. The result is a budding artistic movement that channels street art into confronting issues in southern communities, ranging from race issues to marriage equality. The Goat Farm, for example, is an old cotton gin turned into an artistic think tank meant to provide the city’s artists with an environment to display their work and share their ideas. This blend of southern culture and boundary-pushing art is truly unique and beginning to define a new artistic paradigm in Atlanta.

Hearing this story, it is hard not to notice parallels and more importantly the opportunities between Atlanta and Nashville. The thriving presence of musicians in Nashville is strikingly similar to Atlanta’s well established hip-hop scene, and provides an artistic foundation that could easily be augmented by the addition of forward-thinking, visual artists. Not to mention, our skyline is littered with the silhouettes of cranes as high-rise apartment buildings pop up across the city, and droves of millennials move here due to the affordability and opportunities that Nashville provides. An optimist would bet that Nashville has positioned itself well to receive an influx of artistic variety as our population booms over the next decade. Let us hope that the growth and artistic diversity that has transformed Atlanta will find its way into our city as well.

Window View

posted by – 09/25/15 @ 5:52pm

MFD0614

MD 14 GRUNEWALD 80″ x 96″ oil on linen with acrylic resin

 

The following reflection was written by Bob Hazyzlett in response to Tinney Contemporary gallery current show ” Observations , Integrations , Pareidolia  and Polysemy”  New Works by James Perrin. This refection is being presented in order to advocate more of Nashville’s amazing artist viewers transformation  into active participation through written expression.

“I recently saw the painting “ MD 14 / Grunewald as I passed by the Tinney Contemporary gallery on 5th Avenue. The painting pulled me into the gallery for a closer look. The  black background, vibrant colors, and a blend of the abstract and representational styles was fascinating. This painting reminded me of an art project commission for a dorm room at my first Air Force base many years ago. I drew a sketch and my roommate and I paid another airman to spray paint and entire wall of are room. The background was black with multicolored with steel I-beams tumbling towards the viewer. The paint odor permeated the entire building. The artist sinus passages were coated with paint, but it was well worth it. We had what was probably the most unique room in the Air Force!”

 

Bob Hayzlett

Positivity Remains for Art Collectors During Falling Market Conditions

posted by – 09/08/15 @ 3:28pm

gty_china_stock_3_kb_150708_16x9_992

On June 12th of this year, the Chinese stock market bubble popped, a bubble which was mostly fueled by the myriad of enthusiastic mom and pop investors throughout the nation of China wanting to get in on the seemingly ever improving financial situation of the Chinese markets. As with most bubbles, one can see the potential for the popping coming closer as the market seems to expand into a incomprehensible echelon. There were rumors of colluding, fraud, and other typical blame-shifting maneuvers; it was in fact simply hedgefunds, pension funds, and other investing entities that watched the market closely, saw the trends, and within a single day, all decided to get out, crippling what once was and still is considered one of the most powerful stock markets on the globe. This “crash” that occurred in mid June had a rippling effect on economies all across the world.

With only 1.5% of Chinese shares owned by foreigners, there is little worry that portfolios were or will be directly affected, but it is the possibility of a considerably more contentious melt down that has put most markets in a downturn. Spectulation, not just actuality, affects markets dramatically, if not even more significantly.

 

But what does this speculation mean for the art market?

Screen Shot 2015-09-08 at 3.23.45 PM

From June 23rd to August 25th, about two months, Sotheby’s publicly traded stocks dipped almost 28% moving from around $47 to $34 a share. Currently prices are still hovering around the $34 mark. To give persepective using two large corporations, in the same time period Apple Stock dropped a little over 19% and Walmart Stock dropped a little less than 15%. The market trends have been negative for a time, and we are just now seeing a little bit of stabilization and bounce back from this fallout in many corporations. Now, Sotheby’s common stock is not the end-all be-all for analyzing the art market as there are many nuances associated with the art marketplace, but it is a nice starting block.

A recent opinion piece on Artnews.com by Kenny Schachter, a London-based art dealer, curator, and writer, highlights what has gone on in the recent past in the art market, citing his own experiences, what the present looks like, and particularly interesting, what the future seems to hold for the contemporary art market. He stays relatively optimistic in the article and speaks of people in the art world as “lifers,” as it is more about the art and enjoyment from the art than the actual monetary aspect, which will hold the market in relative stability.

Highlights include:

“…such relentless volatility, at least in short term, renders art and classic Ferraris and Porsches even more attractive and stable by comparison.”

“Look for people to hunker down with the things and people they know, buying obvious art by obvious artists from obvious art dealers and auction houses.”

“The prematurely high-priced emerging-art shakeout has been a good thing, and the market, for now at least, is still in rude health.”

The art market is one of the more unpredictable markets in the world, but within that volatility is this interesting sense of stasis and safety because of the ever-present human interest and need for the aesthetic and the creative. The art market usually fluctuates with significant changes in wealth, not necessarily market trends, so in the short run it is affected little, but in the long run significant trends can develop. Art collectors worldwide should not be worried about too large of a fallout in this space stemming from the Chinese bubble burst, but it always good to keep track of what goes on within certain markets when episodes like this occur.