The Guggenheim Museum's Young Collectors Council Artist’s Ball isn't just being downsized this year—it's being retired completely. For five years the event drew hundreds of guests, staged elaborate decor and performances, and featured sponsorships from brands like Giorgio Armani, Christian Dior, and Yves Saint Laurent.
Will another event sprout up in its place? “We are in the process of developing a new project for 2009, which we will announce on Thursday during the small cocktail event for the Y.C.C. and friends,” a spokesperson said in an email yesterday.