Paris has long been the repository of a staggering art trove, but those treasures have tilted toward centuries past, when the city was the center of gravity for painters and sculptors. Aspiring Manets and Picassos redirected their dreams to New York, Los Angeles, London, or Berlin decades ago, and collectors followed. But in recent years, the City of Light has reemerged as a beacon for the new.
In the wake of Brexit and the recent French wealth boom—the country now has a higher proportion of millionaires than anywhere save China and themove from its Left Bank quarters to the spacious Louvre des Antiquaires next year; and Fondation Louis Vuitton has turned the lovely (if off-the-beaten-track) Bois de Boulogne into a destination with crowd-pleasing shows including this year's Established artists are setting up studios in the city, and young ones are finding space on the outskirts rather than fleeing for cheaper locales.
