Phillips CEO Edward Dolman: ‘The Market is Much Less Boom-and-Bust Than it Was’
Art Business

Phillips CEO Edward Dolman: ‘The Market is Much Less Boom-and-Bust Than it Was’

Phillips’s new home at 432 Park Avenue in New York. Phillips auction house is gearing up for a big move. By the time the spring auctions roll around next May in New York, Phillips will be ensconced in its brand new global headquarters, at 432 Park Avenue. It’s just around the corner from its current building, but it will be a world of difference: starchitect-designed (Rafael Vinoly); 55,000 square feet; replete with an enormous, double-height, column-free space; and affords Phillips executives with fancy new office space. The top among those executives is, of course, its CEO Edward Dolman, who began working for the house in 2014, after 30 years at Christie’s and a brief stint working for the Qatar Museums Authority. ARTnews sat down to speak with Dolman this past May, just before the last round of New York evening sales, to talk about the move, the state of the art market, and more. ARTnews: You have said that the art business has never been as exciting, even after saying at the Art Business Conference in April, “I don’t think the auction house business model is sustainable long term.” Given the issues we know of in the auction business, […]

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