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| Shared Passions |
Framing the Future
Regan Good
08/02/2004
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It is the evening of May 5. At the Carlyle Hotel in New York, Mickey Cartin is
unwinding in the Gallery room off the lobby bar. “I went to several galleries in
Chelsea,” he says, summing up his day of art hopping. “Then I went to the Pace,
C&M Arts and then to the George Adams Gallery.”
TOP VIEW
If we want our children to inherit our art collections and preserve
them for future generations, we need to design a careful estate plan that
ensures that they can afford to do so. If we hope to put our art on display for
an appreciative public, the planning may be even more complex. |
He begins flipping
through the March/April issue of Arts on Paper. “I bought that one.” He points
to a dreamlike drawing of a man and woman by contemporary Swedish artist Jockum
Nordstrom. Each of them is posed atop miniature mountains, the man with an
ancient ship atop his hat, the woman smoking a cigarette and looking
annoyed.
One table over, a group begins to discuss the auction at Sotheby’s
later that evening. They admire the auction catalog, featuring Picasso’s
soon-to-be-record-breaking Boy with a Pipe on the cover. Collectors from across
the world are assembling to bid on 34 Impressionist and Modern paintings from
the collection of John Hay Whitney and his wife, Betsey Cushing Whitney.
One
spring night in Manhattan, and one family’s art collection is coming together,
while another’s is being broken apart.
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