Millennials are much more interested in art than previous generations, and social media may be driving their attraction to it, according to a new study conducted by Park West Gallery, one of the world’s largest private art galleries.
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There’s little doubt that the recent recession wreaked havoc on the fine art market. But that market seems to be back as evidenced by the traffic seen and works sold at the New York’s Armory Week this past March. Collectors were scooping up watercolors by Louise Bourgeois for as much as $65,000 each. Then, there’s wall art for the rest of us.