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Lorna Simpson’s David Adjaye–Designed Brooklyn Home and Studio Remains On the Market—At a Much-Reduced Price

Artist Lorna Simpson has significantly reduced the asking price for her Brooklyn home and studio, located at 208 Vanderbilt Avenue in Fort Greene. Originally listed for $6.5 million in August 2025, the 3,300-square-foot townhouse is now priced at $5 million following months on the market. The property, which features a double-height great room and floor-to-ceiling windows, was custom-built in 2006 for Simpson and her then-husband, artist James Casebere.

London galleries Edel Assanti and Emalin both announce expansions

London-based contemporary galleries Edel Assanti and Emalin have both announced significant expansions within the UK capital. Edel Assanti is opening a second, more intimate location in St. James’s to complement its larger Fitzrovia flagship, launching with a focused exhibition of works by Lonnie Holley. Simultaneously, Emalin is moving its primary operations from Shoreditch to a sprawling 5,000-square-foot space in Clerkenwell previously occupied by Modern Art, while maintaining its historic Shoreditch outpost.

bob rennie national gallery of canada donation 24 artworks 1234777302

Vancouver-based collector Bob Rennie and his family have donated 24 significant contemporary artworks to the National Gallery of Canada in Ottawa. The gift features a major installation by Kerry James Marshall titled 'Wake' (2003–25), alongside works by Brian Jungen, Jin-me Yoon, and 17 pieces by Christopher Williams, marking the latter's debut in the museum's permanent collection.

Pace Gallery announces representation of Korean conceptual artist Anicka Yi.

Pace Gallery has announced the representation of Korean-born, New York-based conceptual artist Anicka Yi, who joins the gallery's roster while maintaining her existing relationships with Gladstone Gallery, 47 Canal, and Esther Schipper. Yi will debut a new painting at Pace’s Art Basel Hong Kong booth this month, followed by a solo exhibition in New York in 2027 and upcoming projects at the New Museum and Storm King Art Center.

Los Angeles’s next generation of dealers forges new paths

Despite a wave of high-profile gallery closures and economic pressure from the shrinking entertainment industry, a new generation of Los Angeles art dealers is finding resilience through local community ties. While major outposts like Michael Werner and Sean Kelly have shuttered, local mainstays argue that the market is not failing but rather correcting itself against unrealistic expectations. Success in the current climate requires a physical presence and deep-rooted relationships that satellite galleries often struggle to maintain.

‘I rely heavily on instinct’: entertainment mogul Hassan Smith on the art he collects and why

Entertainment executive and art collector Hassan Smith, manager to John Legend and advisory board member for the Atlanta Art Fair, shared insights into his collecting philosophy ahead of Frieze Los Angeles. His extensive collection spans art history from Rembrandt and Picasso to contemporary Black masters like Sam Gilliam, Rashid Johnson, and Deborah Roberts. Smith recently added a large-scale painting by Patrick Eugène to his holdings, noting that he relies on a mix of instinct and professional networking to make quick acquisition decisions.