CAFESJIAN AS ARMENIA'S NEW PATRON OF THE ARTS???

THE NEW FACE OF CONTEMPORARY ART IN ARMENIA???

OK....So we probably don't know much about art, let alone what passes as contemporary art.

But what do you say about the above newly installed piece, entitled "AHOY" by the British artist Paul Cox. It was recently placed at the Monument Terrace in the Cafesjian Center for the Arts. According to the Cafesjian Foundation website it's a pretty well-known sculpture. Who would have known? The website states that renovations at the Cascade site for the Caafesjian Arts Museum are continuing apace and are to be completed in 2007. Can any one clue us in? Does the Cafesjian Foundation intend to monopolize the arts just as its doing with Armenia's media??