TOKYO — When the U.S.-based Pace Gallery exhibited several works by the American artist Robert Longo at Tokyo Gendai, an international art fair held in July, most sold on the first day — an unusual occurrence in Japan’s nascent contemporary art market.
More surprisingly, buyers of the works were mainly Japanese, said Marc Glimcher, CEO of Pace, widely considered one of the world’s leading contemporary art galleries. “I don’t know who these people were, but they flooded in,” he said.
