According to a number of recent articles, contemporary art collector Steve Tananbaum has filed suit against Gagosian Gallery and Jeff Koons for failing to deliver 3 of the artist’s sculptures. As of now, Tananbaum has ponied up about $13 million since 2013 and has nothing to show for it … or is Koons creating some sort of conceptual art — one where the buyer just needs to ‘imagine’ the work!
Source: Artist Jeff Koons and New York Gallery Accused of Inappropriate Practices in Suit – Bloomberg
Source: Collector Who Paid $13M Sues Jeff Koons and Gagosian