Robert Therrien Estate Leaves Gagosian After Nearly Three Decades and Joins David Zwirner

The Robert Therrien estate has left Gagosian after nearly three decades and joined David Zwirner, a rival mega-gallery. The move follows a major survey of the late sculptor's work at the Broad museum in Los Angeles, which featured 120 works and was the largest exhibition of his career. Therrien, who died in 2019, is best known for monumental sculptures of domestic objects, such as Under the Table (1994), and his towering plate columns held by institutions including the Tate and Glenstone.

epstein files art deals loans llcs

Thousands of documents released by the U.S. Department of Justice reveal that convicted sex offender Jeffrey Epstein was the hidden architect behind billionaire Leon Black's multi-billion dollar art investment and financial strategy from 2012 to 2017. Epstein managed Black's vast collection, valued at $2.7 billion in 2016, setting up LLCs, negotiating loans and commissions with major auction houses and galleries, and deploying the art for tax and estate planning.

art sg 2026 sales report

ART SG concluded its 2026 edition at Singapore’s Marina Bay Sands with steady sales and a reported attendance of 43,000 visitors. While the fair lacked the million-dollar trophy sales seen in previous years, blue-chip galleries like Thaddaeus Ropac and White Cube reported significant transactions, including a £475,000 Raqib Shaw painting and a sell-out presentation of Lee Bae works by Johyun Gallery totaling $2.76 million. The event also featured a strategic partnership with S.E.A. Focus, integrating the boutique fair into the main hall to highlight regional talent.

leon black ronald lauder epstein files

Newly released documents from the Jeffrey Epstein investigation reveal that billionaire art collectors and Museum of Modern Art trustees Leon Black and Ronald Lauder have co-owned several major artworks for decades. The files, made public by the U.S. Department of Justice, confirm long-standing rumors of their joint acquisitions, including a Max Beckmann self-portrait and two Ernst Ludwig Kirchner works, purchased for a total of $31.6 million and later appraised at $93.5 million.

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.

asian collectors and dealers art basel

Asian collectors and dealers are increasingly choosing to skip Art Basel's flagship Swiss edition in favor of Art Basel Paris, citing the French capital's more appealing experience. Amid a market contraction, figures like Monique Leong are skipping Basel for the second year, while others such as Kankuro Ueshima, Rosy Wu, and Kazunari Shirai still attend. Notable appearances include K-pop star RM of BTS, who made his first public appearance after military service as Samsung Art TV's global ambassador. The fair saw Asian languages spoken widely, and young first-time collectors brought private guides to maximize their visit.

The Box Shutters in Los Angeles After Nearly Two Decades

The Box, a pioneering Los Angeles gallery known for its nonprofit-style support of experimental and performance art, has announced its closure after nearly two decades. Founded in 2007 by Mara McCarthy, the gallery’s final exhibition featured late California painter Wally Hedrick, and a closing event will include a fashion show by Johanna Went. Mara McCarthy cited the shifting market for her father Paul McCarthy’s work and the loss of family homes in the Eaton Fire as factors behind the decision.

maurice sendak auction christies

Christie's will auction over 100 objects from Maurice Sendak's personal collection on June 10, 2025, at Rockefeller Center, with an online component from May 29 to June 10. The sale includes works by Dürer, Rembrandt, David Hockney, Pablo Picasso, George Stubbs, and William Blake, as well as rare editions of Blake's *Songs of Experience* (1794) and *Songs of Innocence* (1789), a vintage Mickey and Minnie Mouse tinplate toy, and 30 lots by Sendak himself, including a first-edition cover of *Where the Wild Things Are* (1963). Proceeds will support the Sendak Fellowship residency program at the Sendak Foundation in Ridgefield, Connecticut.

art basel 2025 sales report

Art Basel 2025 in Switzerland, now in its 55th edition, opened with 289 exhibitors amid a soft and unpredictable art market. Major sales included a Ruth Asawa sculpture for $9.5 million at David Zwirner, a Gerhard Richter painting for $6.8 million, and a Keith Haring from 1983 for $3.5 million at Gladstone. The top reported sale was David Hockney's 'Mid November Tunnel' (2006) for $13-17 million at Annely Juda Fine Art. Hauser & Wirth headlined with a moody Mark Rothko from the early 1960s, while galleries adopted strategies of offering wide price ranges and diverse styles to hedge against market uncertainty.

rashid johnson nosedive auction

Rashid Johnson's mixed media work *Untitled Escape Collage* sold for $292,100 at Phillips's Modern and contemporary art day sale in New York on May 14, falling short of its low estimate and representing a 72 percent loss in value for the consignor, who had purchased it for $816,500 at the same auction house in 2022. The disappointing result coincides with Johnson's solo exhibition at the Guggenheim Museum in New York.

picasso christies hong kong industry moves

Christie's Hong Kong is offering Pablo Picasso's 1944 painting *Buste de femme* with a high estimate of HK$106 million (about $13.6 million) at its 20th/21st Century evening sale, making it the top lot in Hong Kong's September sales across the three major auction houses. Other notable lots include Zao Wou-Ki's *7.3.63* (estimate HK$70–90 million) at Christie's and two Yoshitomo Nara works at Sotheby's and Phillips. In other industry moves, New York's Tilton Gallery is closing after its upcoming Ruth Vollmer exhibition; Esther Schipper Gallery now represents Lotus L. Kang; Başak Doğa Temür and Nilbar Güreş will collaborate on the Turkish Pavilion at the 2026 Venice Biennale; Yan Du Project has appointed Billy Tang as artistic director; and Phillips will auction a juvenile triceratops skeleton in New York.

12 Collectors on the Artists, Shows, and Trends to Watch in 2026

Artsy spoke with 12 leading collectors about the artists, exhibitions, and trends they are most excited to follow in 2026. Highlights include the re-centering of women artists, the rise of South Asian and LGBTQ+ artists, and the impact of AI on gallery operations. Collectors point to major institutional milestones such as LACMA's new campus, the Guggenheim Abu Dhabi, the Venice Biennale, and Art Basel's expansion into Qatar, as well as specific shows like Claire Tabouret's stained-glass commission for Notre-Dame and the Frida Kahlo exhibition at the Museum of Fine Arts, Houston.

art dealers association cancels 2025 edition of new york fair

The Art Dealers Association of America (ADAA) has canceled the 2025 edition of its annual New York art fair, The Art Show, which was scheduled to open at the Park Avenue Armory on October 28. The decision was communicated to members via email and confirmed by ADAA president Susan Sheehan, with the board citing a strategic pause to reimagine the fair for long-term sustainability. The fair has been a staple of the New York social calendar, with its VIP opening night serving as a fundraiser for the Henry Street Settlement, raising over $38 million for the nonprofit over three decades.

The Venice Biennale has long been a sales platform—now no one is pretending otherwise

The Venice Biennale, traditionally a government-subsidized non-commercial institution where sales were downplayed, is experiencing an unprecedented open embrace of commerce. For the first time, Christie's is hosting an invitation-only selling exhibition in Venice, offering works ranging from Old Masters like Lucas Cranach to Modern and contemporary giants such as Andy Warhol, Louise Bourgeois, and Mark Bradford, with prices from $500,000 to over $35 million. Dealers, auction houses, and private foundations are openly pricing and selling works to collectors, spurred partly by Italy's reduced 5% VAT rate on art imports, now Europe's lowest.

Jennifer Gilbert Consigns Blue-Chip Works to Sotheby’s to Fund Detroit Arts Space

Philanthropist Jennifer Gilbert is consigning a selection of blue-chip postwar artworks to Sotheby’s this spring to fund Lumana, a new arts nonprofit in Detroit. The auction highlights include Joan Mitchell’s 'Loom II', estimated at $5 million to $7 million, and a significant target-style painting by Kenneth Noland that could set a new auction record for the artist. The collection also features works by George Rickey and Harry Bertoia, emphasizing a cohesive blend of midcentury abstraction and design.

Lost John Constable Painting Rediscovered in Texas Bound for Auction

Lost John Constable Painting Rediscovered in Texas Bound for Auction

A long-lost, large-scale oil study by John Constable for his famous painting *The Cornfield* has been rediscovered and authenticated after decades in a rural Texas museum. Scientific analysis, including pigment tests and infrared reflectography, confirmed the materials and techniques match Constable's own, leading experts to declare it the largest known study for the 1826 masterpiece. The work, which had been mistakenly cataloged as a copy, will now be auctioned by Heritage Auctions in Dallas this June.

bob ross second bonhams auction

A trio of Bob Ross paintings sold for over $1 million at Bonhams' “Americana” auction on January 27, 2026, with proceeds benefiting American Public Television (APT). The top lot, *Change of Seasons* (1990), fetched $787,900—more than 13 times its high estimate—followed by *Babbling Brook* (1993) at $279,900 and *Valley View* (1990) at $203,700. The sale follows APT's record-breaking November auction and is part of a series of 24 Ross paintings to be offered throughout the year.

strategic pause trend

A growing number of art fairs and galleries are publicly announcing a 'strategic pause'—a hiatus from their regular exhibition schedules to reassess their models. This week, Vienna's Spark Art Fair invoked the phrase to take a year off, following Berlin dealer Mehdi Chouakri's decision to suspend his gallery's exhibition program after 30 years. Last July, ADAA's Art Show coined the term when it announced a year-long break to reimagine the New York fair, and Taipei Dangdai in Taiwan followed suit days later. In December, an unprecedented number of galleries skipped Art Basel Miami Beach. The trend reflects a broader shift in the art world's willingness to openly acknowledge the need for rest and reinvention.

sperone westwater court filings

Sperone Westwater, a 50-year-old New York gallery, closed on January 1, 2026, amid a legal dispute between its co-founders Gian Enzo Sperone and Angela Westwater. Court filings reveal Sperone accuses Westwater of mismanagement, including using the gallery's Norman Foster-designed building on the Bowery to subsidize unprofitable operations, while Westwater counters that Sperone has been largely absent since 2016 and is attempting to extract maximum financial benefit. The corporation's two directors are deadlocked, and a receiver may be appointed to oversee dissolution, including sale of the building and distribution of assets.

david zwirner benefit exhibition raises 1 million ali forney center

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.

pharrell williams joopiter marketplace

Pharrell Williams has launched a new buy-it-now extension called Joopiter Marketplace, an offshoot of his existing auction platform Joopiter. The marketplace offers collectibles from Williams's personal archive—including Vivienne Westwood hats, KAWS sneakers, Gucci and Levi's jackets, and items from his fashion labels ICECREAM and Billionaire Boys Club—alongside pieces from other cultural figures. Additional sellers include artist Tom Sachs, gallerist Easy Otabor, jewelry designer Lorraine Schwartz, and music executive Steven Victor, with proceeds from some sales benefiting nonprofits like the Anderson Ranch Arts Center, Rebuild Foundation, and the Virgil Abloh Foundation.

In New York, Sotheby's Exhibition-Sales Are Packed

À New York, les expositions-ventes de Sotheby’s font salle comble

Sotheby's New York has experienced an unprecedented surge in public attendance at its exhibition-sales held in the iconic Breuer Building. In just two weeks, over 25,000 visitors—a 3.8-fold increase from the previous year—queued around the block to see works by artists like Gustave Klimt, Maurizio Cattelan, and René Magritte, with total attendance from November to late January reaching 46,325. The crowds, reminiscent of a major museum show, initially overwhelmed staff, who had to manage the flow to preserve the viewing experience for high-value clients.

War in Middle East Art Trade

war in middle east art trade

The escalating conflict between the U.S., Israel, and Iran has cast a shadow over the Middle Eastern art market following missile strikes on key infrastructure in Dubai. With major events like the 20th anniversary of Art Dubai scheduled for mid-April, international galleries and collectors are expressing significant concern over safety and regional stability. Logistics firms like DHL have already warned of shipping delays and rising insurance costs due to restricted airspace and the closure of the Strait of Hormuz.

At Independent, Joel Mesler’s ‘Death Wish’ Is Part Art Exhibit, Part Market Experiment

Joel Mesler, a former gallerist turned artist, is debuting a new series of figurative paintings titled “Interiors” at the Independent art fair under the deliberately strange name “Joel Mesler Presented by The Estate of Joel Mesler.” The project includes only 12 paintings, which will not be sold through a gallery sales team; only Mesler himself and his former dealer David Kordansky can sell the work. Mesler describes the presentation as part art exhibit, part controlled market experiment, reflecting his frustration with the contemporary art market's loss of intimacy and unpredictability.

basquiat estate new print pace

The estate of Jean-Michel Basquiat is releasing a new screenprint titled *King Alphonso*, available from Pace Prints starting November 5. Produced in an edition of 60, the print reproduces a 1982–83 drawing in acrylic and charcoal, referencing the Spanish monarch Alfonso XIII, known as “El Africano.” The work will be stamped and signed by Basquiat’s sisters, Lisane Basquiat and Jeanine Heriveaux, administrators of his estate. The announcement follows recent estate activities, including the 2022 “King Pleasure” exhibition in New York and the designation of Great Jones Street as “Jean-Michel Basquiat Way.”

Despite new autumn slot, Tokyo Gendai remains a largely local affair

Tokyo Gendai held its third edition from September 11-14, 2025, in Yokohama, shifting from its original July slot to an early autumn date to attract more international dealers and collectors. The fair reported mixed sales amid a slow economy, with local Japanese collectors making up the vast majority of buyers. Notable sales were reported by Pace Gallery, while other galleries like Anomaly noted a slower start but eventual sales. The fair also featured a new partnership with Art Busan, bringing Korean and Chinese galleries with subsidized booth fees.

The Art Market Defies Doom and Gloom With Independent, Esther and Future Fair in Full Swing

New York City is hosting an unprecedented concentration of art fairs this week, with over nine fairs running simultaneously, including Independent, Esther, and Future Fair. Independent, held at Spring Place in Tribeca, opened on May 8 and is positioning itself as a boutique, hyper-curated alternative to mega-fairs like Frieze, featuring mostly solo presentations. Early sales were reported by several galleries: Europa sold works by Suyi Xu ($9,000–$20,000), Long Story Short sold six works by Keita Morimoto (up to $26,000), Charles Moffett nearly sold out his booth of Julia Jo ($10,000–$45,000), The Approach sold four works by John Maclean ($13,500 or less), and Copperfield presented works by Ada Patterson ($8,000–$23,000).

KAWS | Tide, from KAWS: What Party exhibition at Brooklyn Museum (2021)

The auction for KAWS's 2021 print "Tide" has concluded. The work is an offset lithograph originally created for the artist's "What Party" exhibition at the Brooklyn Museum.

Irene Monat Stern | Untitled (circa 1970s) | Available for Sale

The estate of Irene Monat Stern has made the painting 'Untitled' (circa 1970s) available for sale, highlighting the artist’s unique contribution to the Color Field movement. A Holocaust survivor who settled in Southern California, Stern developed a signature technique of staining unprimed canvas with acrylics to create organic, blossom-like forms. Her work is characterized by a sense of weightlessness and spatial depth that distinguishes her from contemporaries like Morris Louis and Helen Frankenthaler.

Shepard Fairey "RAGE" Fine Art Screenprint Street Contemporary Obey Giant , 2021

Contemporary street artist Shepard Fairey’s 2021 screenprint titled "RAGE" has been listed for sale via New Union Gallery on the Artsy platform. The work, a limited edition screenprint on fine art paper measuring 12 by 12 inches, is part of an edition of 250 and is hand-signed and numbered by the artist.