Death-Obituary Peter Hort Obituary, New York Collector, Dies At 51

Death-Obituary Peter Hort Obituary, New York Collector, Dies At 51

Peter Hort Death, Obituary – On Monday, Peter Hort, a lawyer and collector who was known for his tight relationships with a diverse group of artists and other prominent individuals in the New York art community, passed away at the age of 51. On Tuesday, the news of Hort’s passing was shared on social media by the Rema Hort Mann Foundation, a charitable organization that was established in remembrance of his sister when she passed away. According to the foundation, he had been an enduring treatment for cancer of the bile duct.

Hort was the son of Susan and Michael Hort, a collecting pair who was formerly rated on the Top 200 Collectors list published in ARTnews. Hort himself was a collector. Peter was also a collector in his own right, and he concentrated his holdings on the work of young up-and-coming artists. He claimed that the items created by these artists were priced at a level that he was able to pay for them. He stated the following in an interview with Artspace in 2014: “The artist who is hot today, who may or may not be hot tomorrow, is not always what I am interested in.”

Hort was born in 1971, and he recounted in an interview with Artspace that when he was a teenager when his peers were getting computers, his parents were giving him artworks by the likes of Tim Rollins and K.O.S. The urge to collect never left him, and in the years that followed, he would go on to purchase works by artists such as Keltie Ferris, Jeanette Mundt, Jon Pestoni, Sara Greenberger Rafferty, Cynthia Daignault, and Ella Kruglyanskaya, amongst others. Many of the artists that Hort collected had, in one way or another, been awarded grants from the Rema Hort Mann Foundation, which is an organization that offers financial assistance to cancer patients and young artists.

Despite this, Hort’s involvement in the art world was not limited to merely collecting artworks. In 2016, he established a company that was later given the name RISBE and whose primary mission was to ensure that artists would be paid by galleries. The Art Newspaper, in an article announcing the formation of RISBE, described the process as follows: “the money from a sale goes through a third party, RISBE, which holds it in escrow before releasing a share to both parties—the gallery and the artist or consignor—once the cheque clears.” RISBE acts as an intermediary between the gallery and the artist or consignor. RISBE deducts no more than 2% from the total of each transaction.

Hort was also a savior to younger galleries when, in 2019, he hosted an impromptu New York fair that was meant to replace Volta, which was canceled that year because the pier where it was traditionally held was found to be unsafe. The fair was intended to replace Volta, which had been canceled that year. The fair, which went under the name Plan B and was held in two different locations in Chelsea, one of which is the David Zwirner gallery, charged much lower fees to former Volta exhibitors who wanted to show their work there. Together with traders David Zwirner and Quang Bao, Hort planned and coordinated the event.

Kim Light, who was working as a dealer at the E.C.Liná gallery in Los Angeles at the time, told ARTnews at the time, “Thank heavens for the Horts.” Hort also dabbled in politics, making an unsuccessful attempt for Congress in the year 2004, among his other political endeavors.

However, he told Whitehot Magazine in 2013 that his true passion lay not in politics nor in law, but rather in the arts. He said, “It’s like a dream come true.” “People have referred to me as a princeling because of my position in the art industry, which is quite uncommon. But despite that, we are making the most of it and enjoying ourselves immensely while doing so.

Death-Obituary Peter Hort Obituary, New York Collector, Dies At 51