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trending_up market schedule May 22, 2026 visibility 33 link 22 artists, 8 galleries

Eyes Wide Open! Kenny Schachter Dishes on Delinquent Dealers, Secret Deals, and That Other ‘Salvator Mundi’

Kenny Schachter offers a sardonic, first-person account of the spring 2025 art season in New York, weaving together observations from auctions, art fairs, and gallery openings. He notes brisk business at Sotheby's and Phillips, citing specific sales like James Ensor's tiny "Still life with Stingray" ($140,800) and Georgia O'Keeffe's double-sided "Maple Leaves and Flowering Cactus" ($1.68 million). Schachter also recounts his experience at Larry Gagosian's new Madison Avenue gallery, where security guards outnumbered the artworks, and reflects on the broader economic climate, including a tax lawyer moonlighting as a 3-D printer for his own sculpture project. He contrasts the wealthiest collectors—one driving a Lamborghini but staying at a Holiday Inn Express—with dealers wearing grim faces at TEFAF, painting a picture of a bifurcated art economy.

newspaper Artnet News open_in_new Read original
trending_up market schedule May 4, 2026 visibility 21 link 2 artists, 1 gallery

Tracking the Biggest Market Players at the Venice Biennale

The 61st Venice Biennale is underway, and while it is officially a non-commercial exhibition, market forces are increasingly influential behind the scenes. Artnet News host Margaret Carrigan reports on auction houses actively participating in opening week, and highlights Sotheby’s upcoming single-owner sale in London featuring works from billionaire Joe Lewis’s collection, expected to exceed $200 million. Meanwhile, Whitechapel Gallery has created a new economist-in-residence position to address ongoing financial strain in museums.

newspaper Artnet News open_in_new Read original
trending_up market schedule Apr 29, 2026 source 2 sources visibility 19 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 5, 2026 visibility 23 link 7 artists

The Price Points Powering the Art Market

The article, part of the Artnet Intelligence Report: Year Ahead 2026, analyzes art market performance by price bracket in 2025. The $1 million-to-$10 million range was the strongest segment, with sales totaling $3.5 billion—a 20.8% increase from 2024. Sales above $10 million rose 36.1% to $2.3 billion, boosted by high-priced masterpieces at New York's November auctions. The $100,000-to-$1 million bracket saw $3.2 billion in sales, up 6%. Meanwhile, works under $10,000 and in the $10,000-to-$100,000 range grew less than 1%, indicating cautious buyer behavior.

newspaper Artnet News open_in_new Read original

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