In Paris, Highly Mobile Gallerists

À Paris, des galeristes très mobiles

The Parisian art scene is experiencing a significant wave of gallery expansions and relocations across both the Right and Left Banks. Major developments include Kamel Mennour acquiring the former Malingue gallery space on Avenue Matignon for secondary market masterpieces, and Christophe Person moving from the Marais to a redesigned space on Rue du Bac with the backing of collector Jean Claude Gandur. Other notable moves include London-based Waddington Custot opening a Parisian branch, Singapore's Cuturi Gallery settling in the Palais-Royal, and Vincent Sator inaugurating a new space in the David Chipperfield-designed Morland Mixité Capitale complex.

Collector Jennifer Gilbert Is Selling Modernist Masterpieces to Fund Her New Arts Space

Jennifer Gilbert, the Detroit-based entrepreneur and philanthropist, is auctioning a selection of Modernist masterpieces from her private collection to fund Lumana, a new nonprofit arts organization. The sales, scheduled for May and June at Sotheby’s New York, include high-profile works by Joan Mitchell and Kenneth Noland, with an overall fundraising goal exceeding $10 million.

Monet painting auctioned in France for more than 10 million euros

Monet-Gemälde in Frankreich für mehr als 10 Millionen Euro versteigert

A recently rediscovered landscape painting by Claude Monet, titled "Vétheuil, effet du matin" (1901), sold for €10.2 million at a Sotheby’s auction in France. The sale exceeded its initial estimate of €6 million to €8 million and set a new record for a Monet work sold at auction within France. A second work, "Les îles de Port-Villez" (1883), also outperformed expectations, fetching €6.45 million during the same event.

Hong Kong Art Gallery Kwai Fung Hin Opens First Overseas Outpost In Singapore

Hong Kong’s Kwai Fung Hin gallery has expanded internationally for the first time, opening a new outpost at 30 Beach Road in Singapore. Founded by former banker Catherine Kwai in 1991, the gallery specializes in 20th-century modern and contemporary art with a focus on cultural heritage. The new space launched with an exhibition titled “Worlds beyond Reality – Monet’s Legacy II,” featuring a masterpiece by Claude Monet alongside works by Zao Wou-Ki and Chu Teh-Chun.

Ax Swings Following Artsy/Artnet Consolidation as Top Reporters Are Laid Off

Major layoffs have hit Artnet and Artsy following their consolidation under the UK-based investment firm Beowolff Capital. The staff reductions occurred just one day after the merger announcement and include the departure of veteran Artnet News reporters Sarah Cascone and Eileen Kinsella, who both served the publication for over a decade. As part of the restructuring, Artnet will also shutter its German entity, while Andrew Russeth has been tapped to serve as interim editor.

Foundation, a Prominent NFT Platform of the 2021 Boom, Shuts Down After Failed Sale

Foundation, a prominent Ethereum-based NFT marketplace that launched during the 2021 digital art boom, has announced it will shut down following a failed acquisition by the digital art company Blackdove. CEO Kayvon Tehranian confirmed that the platform has entered a one-year wind-down phase, urging users to migrate their assets as no other viable buyers exist in the current market. The closure follows the collapse of a deal that was intended to provide long-term stewardship for the platform, which had facilitated over $230 million in sales since its inception.

Beowolff Combines Artsy and Artnet in Digital Art Market Push

Beowolff Capital has consolidated two of the art world’s digital giants, Artsy and Artnet, under a single ownership structure. While both platforms will maintain their distinct brand identities, they will begin integrating their underlying infrastructure and data systems. Jeffrey Yin, the current leader of Artsy, will take the helm as CEO of the combined entity, with Beowolff founder Andrew Wolff serving as chairman.

Bob Ross paintings will go on view at Bonhams New York.

Four original paintings by the late American television personality Bob Ross are set to go on view at Bonhams’ new U.S. flagship gallery in New York on April 22nd. These works, which Ross created during his iconic series The Joy of Painting, will be sold at the auction house's American Art sale the following day. This event marks the third installment of a larger initiative to sell 30 of Ross's works to benefit public broadcasting.

We had to make difficult decisions

"Wir mussten schwierige Entscheidungen treffen"

Investor Andrew E. Wolff has stepped down as CEO of Artnet after orchestrating a merger of the company's US operations with Artsy, another major art market platform he recently acquired. Jeffrey Yin, previously the interim head of Artsy, has been appointed as the permanent CEO of the combined entity. The restructuring involves significant layoffs, the closure of Artnet's Berlin office, and a consolidation of management teams, though both brands will continue to operate with distinct editorial voices.

Artnet and Artsy Announce They’re ‘Joining Forces’ Under Shared Leadership

Artnet and Artsy have announced a strategic merger under a single leadership structure following their acquisition by Beowolff Capital. While both platforms will maintain their distinct brand identities and websites, they will now operate as a combined organization led by Artsy CEO Jeffrey Yin, with Beowolff Capital founder Andrew Wolff serving as chairman. The move aims to integrate Artnet’s industry-leading price database and journalism with Artsy’s expansive e-commerce and discovery marketplace.

Aste a Parigi: nuovo record per Claude Monet da Sotheby’s e per Ettore Spalletti da Christie’s

Sotheby's Paris achieved a new French auction record for Claude Monet on April 16, 2026, with 'Vétheuil, effet du matin' (1901) selling for €10.2 million, far above its €6-8 million estimate. The evening sale generated €35 million total, an 84% increase over the 2025 session, also featuring strong results for Marc Chagall, Lucio Fontana, and Rembrandt Bugatti. Meanwhile, Christie's Paris celebrated the 25th anniversary of its 'Thinking Italian' section with a complete sell-out of 11 lots, including a new auction record for Ettore Spalletti's 'Mobile' (1974) at €203,200. The overall Paris modern and contemporary art week reached a record €80.9 million, up 39% year-on-year.

Collectors' collective: Private art enthusiasts work together to bring world-renowned artists to Daejeon

Fourteen Korean collectors have formed a collective called Arche II to jointly acquire and display works by world-renowned artists in Daejeon, a city 140 km from Seoul. Their exhibition "Tracing the Unfinished" at the multidisciplinary complex Heredium features 30 works, including 14 jointly owned pieces, by artists such as Le Corbusier, Robert Longo, Olafur Eliasson, David Hockney, Yang Hae-gue, Anicka Yi, and Choi Byung-so. The group, founded in 2017 by business leaders including a radiologist and a former prosecutor, contributes a fixed annual budget to purchase three to five works at major art fairs, focusing on emerging artists rather than established names.

Never-Before-Seen Calder Sculpture Emerges on the Auction Block in Paris

A previously unknown sculpture by Alexander Calder, titled 'Stabile-mobile' (1974), will be auctioned by Oger – Blanchet at Hôtel Drouot in Paris on May 22. The small, kinetic work, estimated to sell for €80,000–€120,000, was a gift from the artist to an archivist at the French National Museum of Modern Art and has remained with her family for 50 years.

The Italian art market is gaining momentum

Italy's contemporary art market is experiencing a surge in activity, marked by the arrival of international galleries like Thaddaeus Ropac in Milan and Hauser & Wirth's planned opening in Sicily. This coincides with major art events such as Paris Internationale launching in Milan alongside the local Miart fair.

Monet auction drives Sotheby’s Paris sale to 35 million euros

Sotheby's Paris sale on April 16, 2026, achieved a total of 35 million euros, an 84% increase over the previous year's equivalent auction. The event was dominated by two rediscovered Claude Monet paintings, with 'Vétheuil, effet du matin' setting a new auction record for the artist in France at 10.2 million euros. Strong results were also posted for works by Marc Chagall, Lucio Fontana, and Gerhard Richter, with 62.5% of lots selling above their high estimates.

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.

Auction house Phillips presents highlights of the next art and design auction in Milan

La casa d’aste Phillips presenta a Milano gli highlights della prossima asta tra arte e design

Phillips auction house is presenting a selection of highlights from upcoming auctions and private sales in Milan during the city's Art Week and Salone del Mobile. The exhibition, staged in a space with architecture and furnishings by Dimoregallery and Dimoremilano, features significant Italian post-war art and design pieces, including a notable 1983 'Mappa' by Alighiero Boetti made in Kabul, works by Carla Accardi and Piero Dorazio, and a Carmen Herrera painting slated for auction in New York.

Inside Sotheby’s Latest Financial Maneuvers

Sotheby's is under financial scrutiny due to two key developments. A New York real estate broker has filed a $10.2 million lawsuit against the auction house over commissions from the sale of its former Manhattan headquarters, a claim Sotheby's disputes. Concurrently, the company has launched a new delayed-payment program for clients, raising questions about its liquidity.

The Rapprochement Between Artnet and Artsy Takes Shape

Le rapprochement entre Artnet et Artsy prend corps

Artnet and Artsy, two major online art market platforms, have announced a strategic merger under the common ownership of British investment fund Beowolff Capital. The companies will retain their distinct brands and websites but will be led by a unified management team, with Artsy's CEO Jeffrey Yin taking the helm. The consolidation has already resulted in dozens of job cuts, particularly at Artnet News, and follows a period of economic strain for Artnet, which reported a 12% revenue drop in the first half of 2025.

Poly Auction Hong Kong concludes spring sales - Vietnam Investment Review

Poly Auction Hong Kong concluded its Spring 2026 auction series with total sales exceeding HKD 255 million, representing a 23% increase over the previous autumn season. The sales were led by Liu Wei’s 1995 masterpiece "You Like Pork?", which fetched HKD 27.6 million, and a Ming Dynasty Blue and White 'Grapes' Dish that realized HKD 24.6 million. The auction saw participation from collectors across 17 countries, with significant growth in the Modern and Contemporary Art segment, which rose over 63% compared to the prior season.

Dorothy Dehner | Dorothy Dehner - Drawing for Sculpture (1955) | Available for Sale

Alpha 137 Gallery has listed a unique 1955 work on paper by American modernist Dorothy Dehner titled "Drawing for Sculpture." The piece, executed in brown marker on found stationery from a New York manufacturer’s agent, represents a pivotal moment in Dehner’s career when she transitioned from painting to the abstract sculpture for which she became famous. The work is hand-signed and dated, reflecting her early exploration of three-dimensional forms through graphic media.

David Hockney | THE DOG SHOW (ca. 1990) | Available for Sale

An authorized David Hockney exhibition poster titled "THE DOG SHOW" (ca. 1990) has been made available for sale through MK Contemporary Ltd via the Artsy platform. The work is an offset lithograph measuring approximately 28 by 19 inches and features Hockney's signature aesthetic, including his distinct handwriting and playful use of shadows and light.

Time auction N.275 Modern and Contemporary Art & Prints

Farsettiarte has announced its upcoming online auction, Time Auction N.275, focusing on Modern and Contemporary Art and Prints. The sale is scheduled to conclude on April 18, 2026, following a bidding period that begins on March 25. Prospective buyers are advised that lots are available for viewing by appointment only at the Prato-based auction house, as no public exhibition will be held for this digital-first event.

Los Angeles Art Scene Overview

Los Angeles

The Los Angeles art scene is experiencing a significant transformation as major blue-chip galleries like Gagosian and PaceWildenstein expand their presence in the city. This shift is driven by the influx of entertainment industry wealth and a growing interest from Hollywood figures, despite a historically smaller collector base compared to New York. Key institutional developments include Eli Broad's financial interventions to stabilize MOCA and fund new building schemes at LACMA.

Hessink’s to hold inaugural Georgian art auction in Tbilisi

Hessink’s Tbilisi Auction House has announced its inaugural international auction, "Contemporary Georgian Art," scheduled for April 27, 2026, at the Museum of Modern Art in Tbilisi. The sale will feature 90 works ranging from the late Soviet era to contemporary pieces, highlighting prominent figures such as Alexander Bandzeladze and Vera Pagava alongside emerging talents. To ensure global reach, the auction will be broadcast via digital platforms including Drouot and Invaluable, preceded by a week-long public preview.