Graham Wilson, founder of the Tribeca-based Swivel Gallery, has joined Marc Straus Gallery as a partner and senior director. As a result of this merger, Swivel will close its independent space, and its roster of emerging artists—including Amy Bravo and Kiah Celeste—will transition to Marc Straus. The partnership will be inaugurated with a group exhibition of Swivel artists at Marc Straus’s Lower East Side location on March 19.
Frieze New York's VIP opening on Wednesday saw strong attendance despite economic uncertainty following President Donald Trump's April 2 tariff announcement, which caused stock market volatility. Gallerists reported early sales driven by institutional buyers, with works by Tuan Andrew Nguyen, Rashid Johnson, Lorna Simpson, Claire Tabouret, and WangShui finding homes at museums including the Moderna Museet, Dallas Museum of Art, and Heredium Museum. Notable sales included Jeff Koons's Hulk (Tubas) for over $3 million at Gagosian and a solo stand sellout for Claire Tabouret at Perrotin.
Tobias van Gils, founder of the Zurich-based investment firm MLT Capital, discusses his art collection in an interview with The Art Newspaper. He shares his early collecting journey, recent acquisitions like a large mountainscape by Harold Ancart, and his regret over missing out on Maurizio Cattelan's blue orchid work "Meat" (2024). Van Gils also mentions launching the MLT Art Foundation with his wife to house their collection and support art programming focused on children. He offers personal insights on his decision-making process, favorite artworks, and tips for navigating Art Basel.
A group of artists including Mickalene Thomas, Tammy Nguyen, and Richard Prince are donating works to a Sotheby’s contemporary art day sale next month, with proceeds expected to exceed $1 million. All funds will go toward making Yale University’s MFA art program tuition-free. The sale features works by Yale alumni both historical—Walker Evans, Josef Albers—and contemporary, such as Dominic Chambers and Do Ho Suh, whose $200,000–$300,000 piece is among the lots. The highest-estimated work is a Richard Prince photograph from his “Spiritual America” series, valued at $500,000–$700,000.
Nifty Gateway, a once-prominent curated NFT marketplace, has announced its closure after failing to achieve its ambitious goal of converting one billion people into NFT owners. The platform, which initially succeeded by focusing on digital art sales, leveraged social media metrics like Instagram popularity to select artists such as Kenny Scharf, Filip Hodas, and FVCKRENDER, favoring a pop-centric, visually digestible aesthetic.
David Zwirner gallery in New York hosted a four-day benefit exhibition titled “Toward the Light: Artists for the Ali Forney Center,” which raised $950,000 for the Ali Forney Center, a nonprofit supporting queer youth with housing, education, job training, and medical care. Curated by art adviser Stephen Truax, the show featured 37 artists, including Ross Bleckner, Marlene Dumas, Jenna Gribbon, Julie Mehretu, and Wolfgang Tillmans, and generated $1.2 million in sales, with artists receiving $250,000 and the gallery waiving its commission. Truax, who previously co-organized smaller editions with Sotheby’s, shifted to a gallery partnership to gain more control over sales and pricing, more than doubling his initial $350,000 fundraising goal.
ARTnews analyzed publicly reported sales from five blue-chip galleries—Hauser & Wirth, Pace, Thaddaeus Ropac, White Cube, and David Zwirner—at Art Basel 2025, finding a combined total over 35% lower than in 2024, around 8% below 2023, and just over 20% down from 2022. The high-water mark was $204 million in 2024, boosted by eight-figure works from Hauser & Wirth. Meanwhile, the number of artists sold by these galleries rose steadily from 109 in 2022 to 157 in 2025, indicating a shift toward broader, less concentrated inventory. Dealers reported mixed sentiments, though seven-figure deals still occurred, and some noted that market uncertainty has led to more scattershot presentations with wider price ranges.
The Hepworth Wakefield museum, supported by the Art Fund, has launched a public appeal to raise £3.8 million ($5 million) to acquire Barbara Hepworth's rare 1943 sculpture *Sculpture with Colour (Oval Form) Pale Blue and Red*. The work was purchased by a private collector at Christie's London in March 2024 for the same amount, but the UK government imposed a temporary export ban in December 2024, citing its outstanding historical and aesthetic significance. The museum has until August 27 to raise the remaining £2.9 million; the Art Fund has already contributed £750,000. If the goal is not met, the collector may export the piece.
Sotheby's New York held a single-owner auction titled "175 Masterworks To Celebrate 175 Years of Photography: Property from Joy of Giving Something Foundation" on December 11 and 12, achieving a world record for a photography auction. The sale grossed $21,325,063, surpassing its presale estimate of $13–20 million and beating the previous record of $15 million set by a Sotheby's sale in 2006. The collection came from the late American financier Howard Stein, who founded the Joy of Giving Something Foundation in 1999. The auction had a strong sell-through rate of 90.3 percent by lot and 94.9 percent by value, with top lots including Alvin Langdon Coburn's "Shadows and Reflections, Venice" (1905) at $965,000 and August Sander's "Handlanger" at $749,000. Several female photographers set new records, including Tina Modotti, Julia Margaret Cameron, and Lee Miller.
Billionaire art collector and Citadel CEO Ken Griffin stated that the United States is “eroding” its brand due to economic policy changes during President Donald Trump’s first 100 days. Speaking at Semafor’s World Economy Summit on April 23, Griffin warned that the reputation and creditworthiness of US Treasuries are at risk, citing recent tariff-driven sell-offs of government bonds. He expressed concern about policy volatility undermining the goal of reshoring manufacturing and noted that investors using the euro as a reference have lost 20% of their value in four weeks. Griffin also voiced support for DOGE, the Department of Government Efficiency led by Elon Musk, which has recommended cuts to the National Endowment for the Humanities.
Auction sales for artists from the Middle East and North Africa (MENA) region rose 9.4% to $33.2 million in 2025, driven by increased activity from international auction houses and the emergence of new hubs like Riyadh. The Sotheby's 'Origins' sale in Saudi Arabia achieved $17.3 million, setting artist records, while works from Lebanon, Egypt, and Iraq saw particularly strong gains, indicating a market rebalancing.
Dealers Matteo Consonni and Dawid Radziszewski have merged their respective galleries, Madragoa in Lisbon and Galeria Dawid Radziszewski in Warsaw, to form a single entity: Consonni Radziszewski. The new gallery launched with a third physical space in Milan, timed to coincide with the city's art week and the Venice Biennale. This merger follows a three-year period of collaboration on art fair booths and joint artist representation, specifically for photographer Joanna Piotrowska.
New York's fall auction week in November 2025 saw major houses Sotheby's, Christie's, and Phillips collectively bring in over $2 billion, signaling renewed market confidence after an uneven spring. The top lot was Gustav Klimt's *Portrait of Elizabeth Lederer* (ca. 1914–16), which sold for $236.36 million at Sotheby's—the second-highest price ever paid at auction and a new record for the artist. Other notable records included Frida Kahlo's *El sueño (La cama)* (1940), which became the most expensive artwork by a woman artist sold at auction, fetching $54.66 million. In total, 16 new artist auction records were set during the week.
Sotheby's Hong Kong offered the Qing dynasty imperial painting *The Blue Goats* as a single-lot sale during its Asian Art Week. Commissioned by Emperor Qianlong in the late 1750s, the seven-by-six-foot hanging scroll was created by Italian Jesuit painter Giuseppe Castiglione (Lang Shining) and Chinese court artist Jin Tingbiao, blending Western and Eastern techniques. Despite a presale estimate of HK$60–150 million ($7.7–19.3 million), the work sold for HK$58.9 million ($7.6 million) after fees, below the low estimate. The painting depicts a pair of gorals in a rocky landscape and is inscribed with a poem by the emperor symbolizing his military conquests.
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.
Refik Anadol's A.I. data sculpture "A Goal in Life," based on Lionel Messi's favorite goal from the 2009 Champions League final, sold for $1.87 million at Christie's. The artwork uses millions of data points, including Messi's biometric voice data, breathing patterns, and heartbeat rhythms, to recreate the moment in an immersive 16K-resolution mirrored room. Proceeds benefit education programs in Latin America and the Caribbean supported by the Inter Miami CF Foundation.
Sotheby's London held a 'white glove' sale of 126 one-of-a-kind ceramics by Pablo Picasso, all from the collection of his granddaughter Marina Picasso. The auction achieved a 100% sell-through rate, generating £12.3 million ($19.4 million), with the top lot—a painted goat-shaped vase titled *Cabri* (circa 1947)—selling for £485,000, nearly quadrupling its estimate.
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.
Lionel Messi has revealed his favorite goal from his 860 career scores—a 2009 UEFA Champions League final goal for Barcelona against Manchester United—as part of a collaboration with media artist Refik Anadol. Anadol will transform the goal into an AI-powered data sculpture, which will be auctioned online at Christie's New York from June 11 to July 25, with proceeds supporting educational charities in Latin America and the Caribbean through the Inter Miami CF Foundation and Unicef.
Art dealers are weighing the strategic decision of whether to present solo artist booths or group shows at art fairs. Solo booths allow visitors to focus deeply on a single artist's work, avoiding the sensory overload of multiple artists, while group booths offer variety and broader market appeal. The choice often varies depending on the fair and the dealer's goals.