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kenny schachter new york fair auction recap 2648049

Kenny Schachter's article for Artnet News draws a parallel between President Jimmy Carter's 1977 energy-crisis plea to lower thermostats and the current art-market response to Trump-era tariff turmoil. He reports that the spring 2025 auction cycle generated $1.25 billion, continuing a decade-long decline from the 2014 peak, with bidders spending less and big-ticket sellers stuck. Schachter also promotes his own no-reserve auction, "Hoarder #6," scheduled for July 8–17 at Phillips, and critiques Trump's economic policies and crypto ventures, name-dropping Justin Sun as a major holder of $Trump tokens.

Is Hong Kong Back? The GRAND PRIX de Basel 2026

Hong Kong’s art scene experienced a massive surge of activity in March 2026, anchored by Art Basel Hong Kong and Art Central. The city hosted 240 galleries at the main fair, drawing over 91,000 visitors, alongside numerous boutique fairs, auction previews, and major institutional exhibitions. Highlights included a reassembled 1964 Yayoi Kusama installation at Art Intelligence Global, a lecture by Zhang Xiaogang at Asia Art Archive, and a poignant solo show by artist duo Chow and Lin at SC Gallery.

art dealer provocative solution poaching problem 2655240

Art dealer Wendi Norris of San Francisco has introduced buyout clauses in contracts with her artists, borrowing a strategy from professional sports. If an artist leaves for a mega-gallery like Gagosian, Hauser & Wirth, Pace, or David Zwirner, Norris receives financial compensation—such as the right to purchase works at her original prices for potential resale. This practice aims to address the widespread problem of poaching, where larger galleries lure rising artists away from the smaller dealers who nurtured their careers, often causing financial and emotional strain.

adam lindemann too much art column 2743340

Adam Lindemann draws a parallel between the oversupply of wine and the current state of the art market, noting that too many galleries and artists are producing work while demand from collectors is slowing. He cites the glut of art fairs, particularly the 840 galleries exhibiting during Miami Basel week in December 2025, and quotes advisor Allan Schwartzman describing the market as "tired." Lindemann observes that even mega-trophies like Leonardo's *Salvator Mundi* are rare exceptions, and that museums are becoming more selective in accepting donations.

konstantin chaykin mad horological party universe 1234762047

Russian watchmaker and artist Konstantin Chaykin debuts his new painting, 'A Mad Horological Party,' at Dubai Watch Week 2025 from November 19–23, before it heads to auction via Ineichen Auctioneers on December 13. The artwork draws inspiration from Lewis Carroll's 'Alice in Wonderland' and parallels Chaykin's ambitious 'White Rabbit' wristwatch, which features 16 complications. Chaykin, a master of haute horlogerie and member of the Academy of Independent Creators in Watchmaking (AHCI), blends his technical watchmaking expertise with painting, using a proprietary method rooted in geometry, precise calculations, and hidden symmetries.

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.

Comment | Fine balance: fairs up the exclusivity while appealing to younger clients

Art Basel Paris in October introduced a new ultra-exclusive preview called Avant Première, catering to top-tier galleries with seven- and eight-figure works, while some emerging exhibitors felt sidelined. Meanwhile, the fair's organizers dropped the term "VIP," renaming its dedicated department to "collector and institutional relations," as CEO Noah Horowitz explained that the term could be off-putting to a new generation of buyers. Parallel events like Trauma, a curatorial platform founded by artist Adrian Ghenie, and the Basel Social Club offered more inclusive, youth-driven alternatives, though they still maintained guest lists.

De Sarthe to open new 10,000-square-foot gallery in Hong Kong’s Southside art district.

Hong Kong gallery De Sarthe has announced it will relocate to a larger 10,000-square-foot space in the Wong Chuk Hang neighborhood, opening September 20th in Vita Tower within the city’s Southside art district. The new gallery will feature separate exhibition areas for contemporary art and 20th-century masterworks, marking a major expansion as the gallery celebrates its 15th anniversary in Hong Kong. Founder Pascal de Sarthe emphasized the continued importance of physical gallery spaces for meaningful dialogue between artists and audiences, even in a digital age.