Art News. Vasari Codex

trending_up market schedule Apr 20, 2026 visibility 45 link 7 artists, 7 galleries

Dealer Matthew Brown More Than Doubles His Los Angeles Space with Move to Hollywood Media District: ‘I Really Believe in LA’

Los Angeles art dealer Matthew Brown is relocating his gallery to a significantly larger, 13,000-square-foot former warehouse in the Hollywood Media District. The new space, designed by architect Markus Dochantschi, more than doubles his exhibition area and includes offices, viewing rooms, and storage. The inaugural exhibition will feature artist Mimi Lauter, marking her first Los Angeles show in eight years.

newspaper ARTnews open_in_new Read original

trending_up market schedule Mar 5, 2026 visibility 27 link 24 artists, 3 galleries

basquiat the hole kenny schachter

Kenny Schachter explores the existential threat posed by the rapid advancement of Artificial Intelligence and its projected impact on the global economy by 2028. Citing the Citrini Report, he highlights a future of mass unemployment among white-collar professionals—the primary demographic for art consumption—who account for over 50% of discretionary spending in the U.S. As tech leaders like Jack Dorsey begin significant workforce reductions attributed to AI, the financial foundation of the art market appears increasingly precarious.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jul 4, 2025 visibility 26 link 12 artists, 4 galleries

blum a market force for three decades will close galleries

Blum gallery, a powerhouse with locations in Los Angeles and Tokyo, is closing its brick-and-mortar operations after 31 years. Founded as Blum and Poe in 1994, the gallery laid off most of its staff and will transition to a flexible studio model with no permanent public space or formal artist roster. The gallery represents high-profile artists including Yoshitomo Nara and Mark Grotjahn, whose works have sold for over $10 million. Co-founder Jeff Poe left the partnership two years ago, leaving Tim Blum in control alongside managing partner Matt Bangser.

newspaper Artnet News open_in_new Read original

trending_up market schedule Dec 4, 2025 visibility 42 link 37 artists, 13 galleries

‘Christmas came early’: Art Basel Miami Beach opens with avalanche of blue-chip sales

Art Basel Miami Beach opened its 23rd edition with a surge of blue-chip sales, signaling renewed market confidence. Major galleries reported strong early results: David Zwirner sold a Gerhard Richter painting for $5.5m and an Alice Neel for $3.3m; Hauser & Wirth saw sales 40% higher than last year, including a George Condo for nearly $4m and a Louise Bourgeois for $3.2m. Other notable sales included works by Alex Katz, Pablo Picasso, Sam Gilliam, and Robert Rauschenberg, with 283 galleries participating at the Miami Beach Convention Center.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule May 19, 2025 visibility 23 link 18 artists, 1 gallery

sothebys contemporary art auction report

Sotheby's held a three-part marathon of contemporary art auctions in New York on Thursday evening, totaling $186.1 million with fees across 68 lots. The evening included white-glove sales for the collections of legendary dealer Barbara Gladstone and veteran dealer Daniella Luxembourg, with the Gladstone offering exceeding its presale estimate. Top lots included Richard Prince's "Man Crazy Nurse" (2002–03), which sold for $3.96 million, and Lucio Fontana's "Concetto spaziale, La fine di Dio" (1963), which achieved $14.5 million. The main contemporary evening sale took in $127 million, while the overall result fell short of last May's equivalent sale of $234.6 million.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 2, 2025 visibility 16 link 10 artists, 1 gallery

sothebys to sell highlights of gallerist barbara gladstones collection

Sotheby's has been selected by the trustees of Barbara Gladstone's estate to auction twelve major works from the legendary gallerist's personal collection. The single-owner sale, estimated at over $12 million, will take place on May 15 as part of the New York marquee sales. Highlights include Richard Prince's "Man Crazy Nurse" (2003, est. $4–6 million), Andy Warhol's black "Flowers" (1964, est. $1–1.5 million), and works by Mike Kelley, Rudolf Stingel, Carroll Dunham, Elizabeth Peyton, and Alighiero e Boetti. None of the artists are currently affiliated with Gladstone Gallery, though some were previously represented by her.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 17, 2025 visibility 24 link 20 artists, 4 galleries

11 New Artist Auction Records Set in May 2025

During New York's spring auction week starting May 12, 2025, major houses Sotheby's, Christie's, Phillips, and Bonhams collectively brought in $1.27 billion, slightly above the estimated $1.25 billion but down 17% from the previous year. The top lot was Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) at $47.56 million, but the mood was tense as trophy works like Andy Warhol's *Big Electric Chair* (1967–68) were withdrawn and several top lots, including Alberto Giacometti's *Grande tête mince* (1955), failed to sell. Amid this volatility, 11 new artist auction records were set, five of which were for women artists, notably Marlene Dumas's *Miss January* (1999) selling for $13.65 million—the most expensive work by a living woman artist at auction.

newspaper Artsy open_in_new Read original

trending_up market schedule May 16, 2025 visibility 28 link 15 artists, 1 gallery

‘Halo effect’ of powerful art dealers’ collections boosts Sotheby’s sale

Sotheby's held a successful three-part evening auction in New York on May 15, 2025, achieving a total of $154.2 million in hammer sales ($186.1 million with fees), within its pre-sale estimate. The sale included 12 lots from the estate of late dealer Barbara Gladstone, which sold 100% for $15.1 million, and 15 works from the collection of Daniella Luxembourg, which brought $33.6 million. The main event, Sotheby's The Now and Contemporary evening auction, featured 41 lots—including works from the Dorothy and Roy Lichtenstein collection and three deaccessioned by US museums—and achieved a 93% sell-through rate, hammering $105.4 million. A standout was Andy Warhol's 'Flowers' (1964) from the Gladstone estate, which sold for $3.1 million hammer, more than double its high estimate.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Apr 28, 2025 visibility 19 link 11 artists, 1 gallery

Collections of two leading dealers, Barbara Gladstone and Daniella Luxembourg, hit the auction blocks in New York

Sotheby's will auction collections from two prominent dealers, Barbara Gladstone and Daniella Luxembourg, in New York on May 15. Gladstone's estate consigned 12 lots, including an Andy Warhol painting (est. $1m-$1.5m) and a Richard Prince work (est. $4m-$6m), following a competition between Christie's and Sotheby's. Luxembourg's collection of 15 post-war works, valued at over $30m, features pieces by Lucio Fontana, Salvatore Scarpitta, and Michelangelo Pistoletto, with Fontana's 'Fine di Dio' (1963) expected to lead at $12m-$18m.

newspaper The Art Newspaper open_in_new Read original