THE THRESHOLD DOWN
The temporary unraveling of David Schoffman’s career was due to events that are fairly typical in the rutty world of international art trading. The fact that he has rebounded with such alacrity and grace is due in no small measure to his rock-ribbed fortitude and his ruthless, daring cunning.
Before his eagerly awaited early death in 1988, art dealer Andreas Holbach was known as “the twelve-tongued serpent of the studio.” In his tireless pursuit of the new, Holbach would gallivant around the globe looking for the new cash cow.
In the mid-eighties, the young, bootless hooligan, David Schoffman, darling of the princes of taste and the denizens of le beau monde, was seen as that bountiful bovine. To his peers, his blustering oversized encaustic icons were shallow exercises in cloying vaingloriousness. To Holbach and his ilk they were the polished gems of early genius.
David and Andreas became the twin halves of an art-dealing juggernaut … until the day when they were not.
A drug habit and a drowsy market prompted Holbach to unsaddle a boatload of Schoffmans on the cheap and in a hurry. You don’t have to be John Maynard Keynes to figure out what happened next. With his devalued work flooding an already bloated bazaar, the paintings of David Schoffman began to be judged on their merits and were found severely wanting.
It wasn’t until 1999 that David surfaced from his self-imposed exile with the now legendary exhibition, Lenox Avenue Paintings. Both the critics and his colleagues were prepared to tear out his liver but instead were forced to acknowledge, in the words of Karl Colovito, “that a fresh wind had awakened a subtle poignancy in the former blow-hard.”
The fact that David stole most of his “new” ideas from me was not noted at the time.
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