[All photos by BILLY FARRELL for PMc]. Last night marked the inaugural evening for the annual Art Awards at the Guggenheim. Francisco Costa, Kylie Minogue, James Franco, Dree Hemingway, Julianne Moore, Cynthia Rowley, Italo Zucchelli, Gloria von Thurn und Taxis, Hope Atherton and Hamish Bowles attended to held recognize the people, projects and exhibitions impacting the field of contemporary art.

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