River North Gallery Goes South
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Saunders says that despite some indications that collectors were beginning to buy again and that prices for art were on the upswing, overall “business was not picking up.” He says many of his sales in recent months were made to people decorating their homes rather than serious collectors. “The business was rebounding at the bottom end,” explains Saunders, adding that selling a lot of inexpensive, small works of art meant slimmer profit margins.
In the final portion of his letter Arney explains why he resisted attempts by Sinise, Perry, and Kinney to formalize their power: “We are moving the authority over our artistic lives out of the theater and into the hands of a ‘part time’ committee that, no matter how dedicated, is not resident and therefore not in tune with the day-to-day needs and operation of the theatre.”
