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nada miami 2025 strong early sales

NADA Miami 2025 opened at Ice Palace Studios with strong early sales and a buoyant mood, as crowds streamed through the aisles on Tuesday morning. Dealers reported brisk business, with Polina Berlin selling multiple works by artists including Tamo Jugeli, Parmen Daushvili, and Casey Bolding, while Charles Moffett sold ten paintings by Kenny Rivero. The fair, hosting around 140 exhibitors, saw participation from galleries like Deanna Evans Projects, Alice Amati, and Gladwell Projects, with many dealers expressing relief and confidence after a multi-year contraction in the art market.

art world italy gallery boom

Austrian art dealer Thaddaeus Ropac is opening a new gallery in Milan, his seventh location, despite initial concerns over Italy's high value-added tax (VAT) on art, which was Europe's highest at 22 percent. The Italian government slashed the VAT to 5 percent in June after pressure from art market players, making it the lowest in the EU. The gallery, spanning over 3,000 square feet in the 18th-century Palazzo Belgioioso, opens on September 20 with a show featuring Georg Baselitz and Lucio Fontana, followed by exhibitions of Valie Export and Ketty La Rocca. Elena Bonanno di Linguaglossa will serve as executive director.

art christine berry martha campbell gallery

Gallerists Christine Berry and Martha Campbell, founders of Berry Campbell gallery, have spent 13 years rediscovering and championing overlooked 20th-century female artists such as Ethel Schwabacher, Judith Godwin, Bernice Bing, and Lynne Drexler. They will present works by these artists at Art Basel Miami Beach for the second consecutive year, following a record-breaking $2 million sale of Drexler's painting at Christie's in 2025. The duo, who previously worked under Ira Spanierman, launched their gallery in 2013 and have since built a market for artists whose careers were marginalized by gender bias.

art ralph deluca photography market

Art advisor Ralph DeLuca, in his column "Street Smarts" for Cultured, analyzes the struggling photography market. He notes that photography auction sales have plummeted from a peak of $230.5 million in 2014 to just $116.9 million in 2024, attributing the decline partly to smartphones making photography seem effortless. DeLuca, who owns over 20,000 photographs, argues this downturn presents a rare buying opportunity for collectors to build museum-quality collections at lower prices.

7 Artists to Watch at the New York Fairs This Weekend

The article highlights seven artists and presentations to watch at the New York art fairs this weekend, including Frieze, TEFAF, Independent, and NADA. Key highlights include Comme des Garçons' sculptural fashion display at Independent, Danish painter Eva Helene Pade's U.S. debut at Thaddaeus Ropac's TEFAF booth, and sold-out booths for Kelly Sinnapah Mary at James Cohan and Rachel Youn at G Gallery during Frieze. The piece notes that while no single viral spectacle dominates this fair week, a quieter but compelling mix of works and sales is drawing attention across venues.

young dealers old masters art market

A new generation of young gallerists is revitalizing the art market by specializing in historical art forms—from ancient jewelry and Old Master drawings to Art Deco and overlooked women Impressionists. The article profiles seven dealers who launched their businesses between ages 22 and 41, with half based in London. Notable figures include Pauline Pavec and Quentin Derouet (co-founders of Pavec, focusing on 19th- and 20th-century women artists), Baron Lorne Thyssen-Bornemisza (Kallos Fine Jewellery, ancient jewelry), and Maxime Flatry (20th-century art and design). Two of the dealers will exhibit at Frieze Masters this October, directed by Emanuela Tarizzo, who emphasizes that collectors and institutions increasingly seek cross-century narratives.

art auction new york record breaking

Gustav Klimt's *Portrait of Elisabeth Lederer* (1914-16) sold for $236.4 million at Sotheby's on November 18, becoming the second-most expensive painting ever sold at auction and the most expensive work ever sold by the house. The sale was part of New York's marquee November auctions, which generated over $2 billion in a single week—more than 50 percent above last year's total—driven by high-profile estates including that of cosmetics heir Leonard A. Lauder. Other notable sales included Mark Rothko's *No. 31 (Yellow Stripe)* for $62.2 million at Christie's, Marc Chagall's *Le songe du Roi David* for $26.5 million, and Frida Kahlo's *El sueño (La cama)* for $55 million, setting a new record for the artist and the highest sum for a work by a female artist at auction. Phillips also sold a juvenile Triceratops skeleton named CERA for $5.4 million.

art market price increase 2025

The article examines the paradox of rising art prices despite a contracting market. The global art trade shrank by 12% in 2024, according to the Art Basel/UBS Art Market report, and financial volatility from trade wars has further depressed conditions. Yet dealers resist lowering prices, fearing that doing so would signal decreased value. Collectors like Jeff Magid argue that entry-level prices—often tens of thousands of dollars—are shutting out new buyers, and artists sometimes must leave their galleries to restart at lower price points. The upcoming Frieze New York fair will test whether this pricing strategy holds.

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.

food daniel humm eleven madison park sothebys

Daniel Humm, the chef behind Eleven Madison Park, has curated a selection of artworks for Sotheby's Contemporary Curated sale, drawing parallels between composing a meal and assembling an exhibition. In an interview with CULTURED, Humm discusses his approach, which was influenced by a transformative encounter with Claude Monet's Water Lilies at the Musée de l'Orangerie in Paris, and his selections include works by Roni Horn, Alex Katz, Keith Haring, and Sarah Crowner.

salvador dali necklace sea sothebys surrealism sale

A Salvador Dalí-designed necklace, the Swirling Sea Necklace, sold for €736,600 ($858,500) at Sotheby's 'Surrealism and Its Legacy' auction on October 24, doubling its pre-sale estimate. The 18-karat gold piece, inlaid with diamonds, a cultured pearl, and sapphire and emerald beads, was conceived by Dalí in 1954 and first owned by São Schlumberger, a frequent patron of the artist. The necklace had previously sold at Sotheby's in 2014 for $665,000 to Anne Schlumberger, who died in April, prompting its return to auction.

art collecting on a budget guide

The article reports that the ultra-contemporary art market has cooled, with high-end sales plummeting while works priced at $5,000 or less have grown. Art economist Clare McAndrew, author of the Art Basel & UBS Art Market Report 2025, notes that collectors are now buying art they genuinely like rather than for investment. The piece offers a practical guide for collecting on a $10,000 budget, featuring advice from gallerists, advisors, and collectors on finding affordable works.

kasmin artistic noise auction

Kasmin gallery hosted its third annual benefit auction for Artistic Noise, a nonprofit supporting youth impacted by the juvenile justice, foster care, and mental health systems. The event honored artist Jordan Casteel as the inaugural featured artist, with over 40 donated works curated by Olivia Toups, including pieces by Lee Dawson, Julia Garciá, Ficus Interfaith, and Milly Skellington. The auction, which ended today, is projected to surpass its $100,000 goal, funding art therapy and resources for system-impacted young people.

Chef Daniel Humm Is the Latest Star to Leave Their Mark on Sotheby’s Contemporary Curated Auction Series

Chef Daniel Humm, the renowned culinary figure behind Eleven Madison Park, has guest-curated Sotheby's Contemporary Curated auction series, selecting artworks with the same rhythmic and intentional approach he uses in menu creation. In an interview with CULTURED, Humm describes how a transformative encounter with Claude Monet's Water Lilies at the Musée de l'Orangerie in Paris inspired his curatorial philosophy, emphasizing stillness, contemplation, and dialogue between works. His selections include pieces by Roni Horn, Alex Katz, Keith Haring, Sarah Crowner, and Jean Dubuffet, reflecting personal friendships and a desire to create an immersive, sensory experience akin to a multi-course meal.

art fair small gallery budget abmb

The article offers practical advice from emerging gallerists on how to exhibit at Miami Art Week on a tight budget. Dealers like Margot Samel, Alex Nazari, Marina Vranopoulou, and Cole Solinger share cost-saving strategies: booking hotels early, flying into Fort Lauderdale, renting cars through Costco, shipping art in cardboard bins, bringing their own chairs, and staffing booths themselves. The piece highlights the financial strain of booth fees, shipping, and add-on costs, with Untitled Art founder Jeffrey Lawson even shrinking booth sizes to accommodate struggling galleries.

What Does the Future Hold for Female Collectors? We Got a Sneak Peek.

CULTURED Editor-in-Chief Sarah Harrelson hosted a panel discussion at Christie’s Rockefeller Center with collectors Tiffany Zabludowicz, Sophia Cohen, and Victoria Rogers, exploring the evolving role of women in the art market. The event coincided with Christie’s Marquee Week sales, which included a record-breaking $1.1 billion night, and featured works from the collections of legendary female patrons such as Agnes Gund, Marian Goodman, Lorinda de Roulet, and Marilyn Arison. Guests viewed masterpieces on display and received remarks from Christie’s Senior Vice President Isabella Lauria, who is leading the 21st Century Sale on May 20.

art advisors advice new collectors

CULTURED has compiled advice from top art advisors for novice collectors, drawn from their 2026 Power Art Advisors List. The advisors caution against treating art as a financial investment, urge collectors to follow their own taste rather than trends, and emphasize the importance of looking at art extensively before purchasing. They also warn against impulsive buying, overvaluing social media, and chasing discounts that lead to poor acquisitions.

fashion chanel coco game chess jewelry

Chanel has unveiled the Coco Game chess set, a one-of-a-kind luxury object that doubles as a high-jewelry timepiece, presented at the brand's watch and jewelry boutique on Place Vendôme. The set features 32 pieces crafted from ceramic and gold, adorned with over 9,000 diamonds totaling approximately 110 carats, with each queen concealing a detachable watch. The collection also includes 13 watch designs and is part of Chanel's Haute Horlogerie line for 2026, designed by Arnaud Chastaingt, director of the Chanel Watch Creation Studio.

art frida kahlo auction record sothebys

Frida Kahlo's painting *El sueño (La cama)* (1940) sold at Sotheby's for $54.7 million, setting a new auction record for Latin American art, for the artist herself, and for any work by a female artist. The sale surpasses Kahlo's previous record of $34.9 million set in 2021 for *Diego y yo* and eclipses the $9.76 million record for her husband Diego Rivera's *The Rivals* from 2018.

parties art artwalk sheree hovsepian auction gala

The Artwalk NY gala and auction raised over $8 million on Tuesday, November 19, 2025, to support the Coalition for the Homeless. Presented by Max Mara, the event at the Grill and the Pool in the Seagram Building featured a live auction of artist-designed plates from the Artist Plate Project, along with works by Sheree Hovsepian and Ed Ruscha. Honorees included artist Sheree Hovsepian and Artist Plate Project Founder Michelle Hellman, with remarks from Coalition Executive Director Dave Giffen and a DJ set by AKU. The evening drew a crowd of artists, collectors, and philanthropists, including Rashid Johnson, Joel Mesler, Thelma Golden, and Don Lemon.

art ralph deluca art market downturn recession

Art advisor Ralph DeLuca, in his 'Street Smarts' column for Cultured, observes that amid political turmoil, tariffs, and art market jitters, wealthy collectors are shifting away from blue-chip contemporary art. Instead, they are investing in pop culture icons, historic artifacts, and natural history items like fossils, viewing them as safer bets. DeLuca notes that the May auction season saw high pass rates, failed guarantees, and lower prices, while galleries continue to close this summer.

art investing market trends art basel report

Art advisor Ralph DeLuca returns to his Street Smarts column to dissect the 2026 Art Basel & UBS Art Market Report. He notes that global art sales reached approximately $59.6 billion in 2025, a 4% increase after two down years, but cautions that the recovery is uneven—sales of artworks above $10 million rose 30%, while the middle market stagnates. The U.S. remains the dominant market, accounting for 44% of global sales, though tariff threats and political volatility continue to disrupt the trade.

dwr helle mardahl glass

Copenhagen-based designer Helle Mardahl has launched a new hand-blown glass collection for Design Within Reach (DWR). The collection includes barware, serving dishes, vases, and lamps in a palette of rhubarb, plum, coconut, and creamy melon, inspired by Scandinavian and American design traditions and Mardahl's heritage as the daughter of an architect.

fashion tom ford eyewear miami art week

Tom Ford is launching its first eyewear-only pop-up during Art Basel Miami Beach, staged on the sand facing the Miami Beach EDITION from December 4-6. The installation showcases the full Eyewear family—Core, ICON, and the Private Collection—alongside exclusive styles from Haider Ackermann's Fall/Winter 2025 runway. Visitors can try on and purchase rare frames like the Bronson and Fausto lenses in a chrome-and-marble setting designed to present eyewear as collectible design objects.