Art News. Vasari Codex

trending_up market schedule May 13, 2026 visibility 31 link 82 artists, 23 galleries

Frieze New York Kicks Off with Seven-Figure Sales and High Energy: ‘It’s a Fiesta’

Frieze New York kicked off its preview day at the Shed in Manhattan with strong sales and high energy, as many attendees arrived fresh from the Venice Biennale. Galleries reported brisk presales and early placements, with White Cube selling major works by El Anatsui and Antony Gormley for seven-figure sums, and other dealers like James Cohan Gallery nearly selling out their booths. Collectors, advisors, and celebrities including Anderson Cooper, Michael Stipe, and Leonardo DiCaprio were spotted, while the Brooklyn Museum made acquisitions through the new Sherman Family Foundation Acquisition Fund.

newspaper ARTnews open_in_new Read original

trending_up market schedule Apr 30, 2026 visibility 49 link 16 artists, 1 gallery

Picasso Painting That Cost S. I. Newhouse a MoMA Board Position Heads to Christie’s for $55 M.

Christie’s New York will auction 16 masterpieces from the collection of late Condé Nast magnate S. I. Newhouse on May 18, with an estimated total of $450 million. The highlight is Pablo Picasso’s Cubist painting *Homme à la guitare* (1913), estimated at $35–55 million, which Newhouse acquired in 2000 for $10 million after MoMA sold it from its collection. Newhouse, then a MoMA board member, violated museum policy by buying the work and subsequently resigned from the board.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 13, 2026 visibility 31 link 23 artists, 8 galleries

At Frieze New York, Business Plunks Along, Leonardo DiCaprio Alights

At the VIP opening of Frieze New York, collectors were present but subdued, with galleries presenting modest displays and sales proceeding at a sensible, sedate pace. Despite the lack of urgency, business has improved since last year, buoyed by upcoming top-tier auctions. Thaddaeus Ropac confirmed four early sales, including a George Baselitz canvas for €1.4 million and an Alex Katz work for $400,000. David Zwirner’s booth of Joe Bradley paintings was among the buzziest, with all works on hold by early afternoon, while Cindy Sherman photographs at Hauser & Wirth sold steadily. Leonardo DiCaprio made visits, and Kelly Sinnapah Mary’s paintings at James Cohan Gallery sold out, the largest to a museum.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 6, 2026 visibility 41 link 13 artists, 10 galleries

Robert Therrien Estate Leaves Gagosian for David Zwirner, Olney Gleason Now Represents Jill Magid, and More: Industry Moves for May 6, 2026

The ARTnews article reports a series of significant gallery representation changes and industry moves in the art world as of May 6, 2026. Key shifts include the Robert Therrien Estate leaving Gagosian for David Zwirner, Olney Gleason now representing Jill Magid, and several other artists—Tianyue Zhong, Africanus Okokon, Seung Ah Paik, Khalif Tahir Thompson—joining or switching galleries. Miriam Machado has been named director of the Patricia and Phillip Frost Art Museum. The article also notes the rising costs and commercial realities of staging exhibitions at the Venice Biennale, including a Christie's selling show at Palazzo Ca' Dario.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 1, 2026 visibility 47 link 21 artists, 2 galleries

The Venice Biennale’s Polite Fiction of Being ‘Above the Market’ Is Wearing Thin

The 61st Venice Biennale is underway, with art world figures flocking to Venice for the opening. While the Biennale is officially a non-selling curatorial platform, commercial interests are increasingly visible: galleries are funding artists' projects to recoup investments, auction houses like Christie's are hosting private selling exhibitions (including a 'Ghost Pavilion' at the Ca' Dario Palazzo), and fashion houses such as Bottega Veneta and Chanel are sponsoring events. Sotheby's has pulled support for the U.S. Pavilion, which is now crowdfunding, while Frieze is bankrolling the British Pavilion for a second time.

newspaper Artnet News open_in_new Read original

trending_up market schedule Apr 21, 2026 visibility 57 link 25 artists, 3 galleries

The $53 M. Wingate Collection Comes to Sotheby’s, Led by a $25 M. Giacometti

The collection of modern and contemporary art assembled by David and Shoshanna Wingate over seven decades will be sold at Sotheby's in New York and London on May 19 and 20. The sale, comprising over 50 works by artists like Alberto Giacometti, Mark Rothko, and Wassily Kandinsky, is estimated to fetch between $37 million and $53 million, led by Giacometti's sculpture "La Clairière (Composition avec neuf figures)" with an estimate of $18 million to $25 million.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 14, 2026 visibility 22 link 38 artists, 12 galleries

$2.2 million El Anatsui work leads Frieze New York 2026 sales.

Frieze New York 2026 opened its 15th edition at The Shed in Manhattan on May 13th with a VIP preview, drawing collectors, museum directors, artists, and celebrities like Leonardo DiCaprio, Julia Fox, and Sharon Stone. The fair features 68 galleries from 25 countries and runs through May 17th, with a $2.2 million work by El Anatsui leading reported sales.

newspaper Artsy Editorial open_in_new Read original

trending_up market schedule May 15, 2026 source 2 sources visibility 19 link 14 artists, 7 galleries

For young dealers, being in New York is key to surviving and thriving

The article examines how young art dealers in New York are adapting to the city's high costs and competitive market during the May art season. It highlights galleries like Europa, Esther, and Gordon Robichaux participating in multiple fairs simultaneously, such as Frieze New York and Independent New York, to maximize sales and visibility. Dealers like Pali Kashi and Silke Lindner emphasize strategic resourcefulness, with some sales already covering fair costs, while referencing artist Josh Kline's essay on how real estate pressures stifle artistic risk-taking.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Apr 26, 2026 visibility 46 link 6 artists, 2 galleries

A Smaller Art Brussels Represents a Shift in the Fair Ecosystem Toward a ‘Quality-First’ Approach

Art Brussels, now in its 42nd edition (April 23–26), has downsized from 164 to 138 participating galleries, a 15% reduction that allows the fair to fit entirely within one hall of Brussels Expo. Director Nele Verhaeren openly acknowledged the shift, framing it as a deliberate move toward a 'quality-first' approach that prioritizes visitor experience over sheer scale. The fair introduces a new section called Horizons, curated by Devrim Bayar of the upcoming Kanal-Pompidou museum, featuring seven large-scale works in the freed-up space. Dealers like Xavier Hufkens and Nadja Vilenne support the strategy, noting that galleries must now carefully choose which fairs to attend amid rising costs and geopolitical tensions.

newspaper ARTnews open_in_new Read original

trending_up market schedule Apr 30, 2026 visibility 34 link 8 artists, 7 galleries

Art Fair Report: Stress Test

Art Basel Hong Kong 2026 drew 91,500 visitors and featured 240 galleries at the Convention and Exhibition Centre, alongside over 100 galleries at Art Central, three new boutique fairs, four new art spaces, multiple auction previews, and dozens of institutional shows and gallery openings. Despite a challenging 2025 that saw mega-galleries Pace and Perrotin close their Hong Kong spaces and auction results hit an eight-year low, blue-chip galleries reported strong sales, including David Zwirner’s USD 3.8 million sale of Liu Ye’s "Snow White" (2006) and Hauser & Wirth’s USD 2.95 million sale of a Louise Bourgeois work. The prevailing sentiment among collectors and gallerists was cautious optimism, with the phrase "Are you surviving?" overheard frequently.

newspaper ArtAsiaPacific open_in_new Read original

trending_up market schedule May 3, 2026 visibility 44 link 22 artists

A $35 M. Warhol, a $45 M. Basquiat, and More: Who’s Selling The Top Works in the May Sales?

The article reports on the upcoming May marquee sales at Christie’s and Sotheby’s, detailing high-value consignments from major collections. Christie’s will offer works from the estates of S. I. Newhouse (including a Brâncuși sculpture and a Jackson Pollock painting, each estimated at $100 million), former MoMA board president Agnes Gund (a Rothko estimated at $80 million), and the late dealer Marian Goodman (a Gerhard Richter estimated at $50 million). Sotheby’s counters with a Rothko from the collection of the late Robert Mnuchin (estimated at $100 million) and works from David and Shoshanna Wingate, including a Giacometti sculpture. The article also reveals previously unnamed consignors for top lots, such as collector John Sayegh-Belchatowski for a $45 million Basquiat and the Moore family for an Elizabeth Peyton painting.

newspaper ARTnews open_in_new Read original

trending_up market schedule Apr 21, 2026 visibility 28 link 6 artists, 1 gallery

Gulf art market feels the force of Middle East conflict

The ongoing conflict in the Middle East, involving the US, Israel, and Iran, has disrupted the Gulf region's art market. Key events like Art Dubai have been postponed, and the inaugural Frieze Abu Dhabi faces uncertainty, as the area's stability—crucial for attracting international dealers and auction houses—is now in question.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule May 15, 2026 visibility 11 link 59 artists, 22 galleries

New York Is About to Sell $3 Billion in Art. Who’s Buying?

Vanity Fair's Nate Freeman reports on New York's spring art season, where auction houses are poised to sell at least $2.6 billion in art alongside major museum exhibitions (Raphael at the Met, Duchamp at MoMA, Matisse at Acquavella) and the opening of Frieze New York at The Shed. The article follows the social and commercial frenzy, highlighting a David Shrigley gong installation at Anton Kern Gallery's booth and the enduring dominance of New York, where nearly 90% of U.S. art sales occur.

newspaper Vanity Fair open_in_new Read original

trending_up market schedule May 13, 2026 visibility 10 link 11 artists

Contemporary Icons and Modern Masters Headline This Major May Sale

Rago/Wright is hosting two major spring sales on May 14, 2026: 'Pure Edge: American Geometric Abstraction, Selected Works from the Museo de Arte Contemporáneo de Buenos Aires' and a Post War and Contemporary Art sale. The first features 19 works from the museum's premier collection of American geometric abstraction, while the second spans 20th- and 21st-century art. Highlighted lots include Sam Gilliam's 'Sun Woman' (1970, est. $300,000–$500,000), Annie Morris's 'Stack 7 (Ultramarine Blue)' (2015, est. $150,000–$200,000), Miyoko Ito's 'Adam and Eve' (1957, est. $200,000–$300,000), and Maria Martins's 'Impossible' (1946, est. $150,000–$200,000).

newspaper Artnet News open_in_new Read original

trending_up market schedule May 4, 2026 visibility 26 link 12 artists, 2 galleries

The Venice Biennale has long been a sales platform—now no one is pretending otherwise

The Venice Biennale, traditionally a government-subsidized non-commercial institution where sales were downplayed, is experiencing an unprecedented open embrace of commerce. For the first time, Christie's is hosting an invitation-only selling exhibition in Venice, offering works ranging from Old Masters like Lucas Cranach to Modern and contemporary giants such as Andy Warhol, Louise Bourgeois, and Mark Bradford, with prices from $500,000 to over $35 million. Dealers, auction houses, and private foundations are openly pricing and selling works to collectors, spurred partly by Italy's reduced 5% VAT rate on art imports, now Europe's lowest.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Apr 23, 2026 visibility 30 link 10 artists, 3 galleries

Gladstone Gallery to Relocate in Seoul, Doubling Exhibition Space

Gladstone Gallery is relocating its Seoul location to the Hannam-dong neighborhood later this year, doubling its exhibition space. Designed by architect Minsuk Cho of Mass Studies, the new outpost will occupy two floors of the 739-28 Hannam Building, across from Pace Gallery and near the Leeum Museum of Art. The space is set to open in late summer ahead of Frieze Seoul in September, with a solo exhibition by Ed Atkins—his first in the city—inaugurating the gallery. Gladstone first opened in Seoul's Gangnam district in 2022, joining a wave of Western galleries entering the Korean market.

newspaper ARTnews open_in_new Read original

trending_up market schedule Apr 21, 2026 visibility 24 link 1 artist, 2 galleries

The Iran War Is Already Tanking Luxury Sales in the Gulf—Could Art Be Next?

Escalating military conflict between the US, Israel, and Iran, which has included strikes on Gulf states, is disrupting the region's burgeoning art market. Major events like Art Dubai have been postponed and scaled back significantly due to exhibitor withdrawals, and planned fairs like Frieze Abu Dhabi face uncertainty. The instability has also caused a sharp spike in shipping and insurance costs for artworks moving through the region.

newspaper ARTnews open_in_new Read original

trending_up market schedule Apr 20, 2026 visibility 27 link 1 artist

Art Transport Hobbled and Prices Surging in Asia Amid US and Israel’s War in Iran

The ongoing conflict involving the United States, Israel, and Iran has severely disrupted the global art logistics network, particularly in Asia. A report in the Art Newspaper details soaring costs and shipping delays, with international air freight for fine art spiking up to 300% due to increased oil prices. Some exhibitions, like a Per Kirkeby show in China, have opened with fewer works, and shipments for Art Basel Hong Kong were stuck at sea for over a month. Shippers are now considering alternative routes, such as the China-Europe Railway Express, to mitigate delays and costs.

newspaper ARTnews open_in_new Read original

trending_up market schedule Apr 29, 2026 source 2 sources visibility 17 link 4 artists, 3 galleries

Zurich’s Galerie Philipp Zollinger Closes After 7 years

Galerie Philipp Zollinger in Zurich is closing after seven years, as announced by founder Philipp Zollinger on Instagram. Citing continued global instability and a lack of conditions necessary to sustain the gallery, Zollinger explained that despite his willingness to invest further, the market no longer supports growth. The gallery focused on Swiss and Scandinavian artists working in three-dimensional media, along with artists from Southeast Asia and the United States. Its final exhibition, a dual presentation of Renée Levi and Theo Eble, closed on April 18 at Galerie Mueller in Basel. The closure follows a previous move from a nomadic operation to a physical space on Rämistrasse, which shut in fall 2025 due to an unstable art market and shifting collecting trends.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 1, 2026 visibility 19 link 3 artists, 1 gallery

London Dealer Stephen Friedman Owes $10.6 M. to Dozens of Creditors, Including Artists Deborah Roberts and Kehinde Wiley

London-based gallery Stephen Friedman has accumulated debts of approximately $10.6 million, according to official documents filed with Companies House. Creditors include Coutts & Co. bank (£3.2 million), Pentland Group Ltd. (£1.4 million), the UK tax authority, the Pollen Estate, art logistics company Crozier, and several prominent artists—Alexander Diop (£341,905), Deborah Roberts (£289,232), and Kehinde Wiley (£163,849). The gallery closed its New York space in November 2024 after just two years, then abruptly shut its London location and entered insolvency proceedings in February 2025, shortly after pulling out of Art Basel Qatar. A restructuring proposal by FRP Advisory was approved on 22 April.

newspaper ARTnews open_in_new Read original

trending_up market schedule Apr 29, 2026 visibility 20 link 10 artists, 4 galleries

How Will the Venice Biennale Impact Alma Allen’s Market?

Artist Alma Allen has been selected as America's representative at the Venice Biennale, sparking controversy due to the unusual selection process under President Trump. The pavilion is commissioned by the newly formed American Arts Conservancy, led by Jenni Parido, who previously ran a pet food lifestyle shop and entered Trump's orbit through Mar-a-Lago pet charity events. Following the announcement, Allen's galleries Olney Gleason and Mendes Wood DM dropped him, but he was quickly picked up by high-profile gallery Perrotin. The article examines how the Biennale and its attendant drama might affect Allen's market, noting his longtime collectors include Beth Rudin DeWoody, Peter Morton, Jack Pierson, and others, while his auction prices have remained modest.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 6, 2026 visibility 24 link 7 artists, 8 galleries

How Sweden Built One of Europe’s Most Stable Art Markets

The article examines Stockholm's art scene and its role in building one of Europe's most stable art markets. It highlights Market Art Fair, the city's main contemporary fair founded in 2006 by Nordic galleries, which has become the leading commercial art fair in the region and the anchor of Stockholm Art Week. The piece profiles several galleries, including Steinsland Berliner and ISSUES Gallery, and artists such as Linnéa Sjöberg and Arvida Björström, whose work explores identity, digital culture, and emotional labor. The scene is described as small but lively, with galleries collaborating closely and collectors showing patience.

newspaper observer.com open_in_new Read original

trending_up market schedule May 5, 2026 visibility 22 link 5 artists, 7 galleries

Scaled back Art Dubai 2026 reveals wide impact of Iran war

Art Dubai 2026 has announced a significantly scaled-back edition for its 20th anniversary, now running from May 15 to 17 at Madinat Jumeirah with a VIP day on May 14. The fair will feature just 50 galleries—a 60% drop from pre-war expectations—and will be free for all visitors for the first time. Two-thirds of participants are Middle East-based, with all Indian galleries canceling due to safety concerns, shipping risks, and lack of insurance. A new “risk-sharing” model allows galleries to pay a percentage of sales capped at their booth fee, while half of withdrawn galleries’ fees are refunded and half credited toward 2027.

newspaper Arabian Gulf Business Insight | AGBI open_in_new Read original

trending_up market schedule Apr 23, 2026 visibility 32 link 4 artists, 11 galleries

Art Basel’s Swiss Fair Will Include a New Initiative Where Galleries Will Withhold Works from Their PDF Previews

Art Basel has announced a new initiative called "Basel Exclusive" for its upcoming Swiss fair, running June 18–21 with VIP previews June 16–17. Under the program, participating galleries will withhold at least one artwork—or even their entire booth—from the PDF previews sent to clients ahead of the fair, encouraging collectors to visit in person. So far, 170 of 232 exhibitors (nearly 75%) have signed on, including major galleries like Gagosian, Hauser & Wirth, Pace Gallery, David Zwirner, Gladstone, Lehmann Maupin, Lisson, Matthew Marks, Paula Cooper, Thaddaeus Ropac, and White Cube, as well as secondary-market dealers such as Galerie 1900-2000, Helly Nahmad, Landau, Mayoral, Pace Di Donna Schrader, and Van de Weghe. Art Basel’s chief artistic officer Vincenzo de Bellis described it as a "gallery-led process" developed from conversations with exhibitors, formalized during Art Basel Hong Kong.

newspaper ARTnews open_in_new Read original

trending_up market schedule Apr 23, 2026 visibility 33 link 16 artists

Private Sales Are Surging as Auction Houses Lean into Exclusive, Experience-Led Selling

Sotheby's and Christie's are increasingly turning to private, invitation-only sales to move high-value artworks, bypassing the traditional auction model. Sotheby's recent "The Apartment" exhibition in London, featuring works by David Hockney, George Condo, and Jean-Michel Basquiat, sold half its $40 million inventory before the public even saw it. Christie's reported that its three most expensive paintings sold in 2025 were all private transactions, with the house trading $1.5 billion privately last year—nearly a quarter of its global sales.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 12, 2026 visibility 13 link 19 artists, 1 gallery

Leading French Gallery Air de Paris Is Declaring Bankruptcy and Closing After 36 Years

Air de Paris, a leading French gallery, is declaring bankruptcy and closing after 36 years, as announced by cofounders Florence Bonnefous and Edouard Merino to Cultured. The gallery owes money only to its landlord and bank, not to its artists. The closure is attributed to fragile finances and health issues, including Bonnefous's Chronic Obstructive Pulmonary Disease. The gallery's farewell exhibition, “Oh What a Time,” featured artists such as Trisha Donnelly, Joseph Grigely, Pati Hill, Pierre Joseph, Allen Ruppersberg, Lily van der Stokker, Mona Varichon, and Amy Vogel. Bonnefous will continue to manage the estates of Guy de Cointet, Pati Hill, Dorothy Iannone, Bruno Pelassy, and Sarah Pucci, and work as a curator.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 13, 2026 visibility 14 link 21 artists, 3 galleries

Renowned Gallery Air de Paris Bankrupted, Closing This Week

Air de Paris, the Paris gallery known for its punk ethos and commitment to cutting-edge Conceptual art, will close this week after 36 years and more than 400 exhibitions, amid bankruptcy proceedings. Founded in Nice in 1990 by Florence Bonnefous and Edouard Merino, the gallery was named after Marcel Duchamp’s 50cc of Paris Air and became legendary for its inaugural show, “Les Ateliers du Paradise,” which featured artists living in the gallery and later influenced critic Nicolas Bourriaud’s theory of relational aesthetics. The gallery moved to Paris in 1994 and later to Romainville in 2019, showing artists such as Paul McCarthy, Raymond Pettibon, Liam Gillick, Pierre Huyghe, and Dorothy Iannone.

newspaper Artforum open_in_new Read original

trending_up market schedule Apr 23, 2026 visibility 32 link 4 artists, 9 galleries

Art Basel's solution to PDF pre-sales? Ask galleries to reserve works until opening day

Art Basel has announced a new initiative called Basel Exclusive for its flagship Swiss fair in June 2025, asking participating galleries to withhold their most important or expensive works from all pre-fair previews, online viewing rooms, and publicity. Instead, these "marquee works" will be unveiled for the first time during the First Choice VIP preview on 16 June. The initiative aims to restore a sense of surprise and urgency, countering the trend of galleries pre-selling works to clients before the fair opens. Around 170 galleries have already signed up, including major names like Gagosian, David Zwirner, Hauser & Wirth, Pace Gallery, and Sadie Coles HQ.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule May 11, 2026 visibility 15 link 1 artist

Comment | Flourishing markets beyond the big three will benefit the art ecosystem—and the planet

The article analyzes the shifting dynamics of the global art market, reporting that regions outside the traditional 'big three' hubs of the US, UK, and China have increased their market share from 17% in 2015 to 24% in 2025. This shift is driven by nationally protective regulations like Brexit and tariffs, which have stifled the free circulation of contemporary art. While the US market remains dominant at 44%, countries such as South Korea, Switzerland, Japan, and Australia have seen growth, and emerging cultural energy is noted in places like Bangkok, Warsaw, Margate, and Qatar.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Apr 27, 2026 visibility 23 link 4 artists

Is A Random Unknown Artist More Valuable Than Picasso? AI Thinks So.

An experiment using a custom AI model to evaluate artistic value independent of market context found that the model assigned a seven-figure price to an unknown street artist's work while valuing a Picasso at under $1,000. The project, run by an art journalist with a data scientist and an AI expert, trained a Fine Art Large Vision Model on millions of images and price data. Without metadata like artist name or gallery affiliation, the model's predictions were technically interesting but commercially useless; only when those market signals were added did predictions align with real auction outcomes.

newspaper ARTnews open_in_new Read original