ifpda print fair 2026 sales attendance drawings expansion 1234781135

The 2026 IFPDA Print Fair concluded at the Park Avenue Armory with record-breaking attendance of over 21,000 visitors and robust sales across various price points. This edition marked a significant pivot for the fair following its formal expansion to include drawings dealers, rebranding as the International Fine Prints and Drawings Association. Notable sales included a sold-out edition of Cecily Brown etchings at Two Palms and six-figure works by David Hockney and Rashid Johnson at Galerie Maximillian.

frieze los angeles art world grief hope 1234773976

The Los Angeles art scene is navigating a complex recovery as it prepares for Frieze Los Angeles 2026. The city is grappling with the lingering trauma of devastating wildfires that destroyed significant private collections, alongside economic instability caused by massive layoffs in the entertainment industry and recent political unrest. This combination of environmental and financial crises has led to a notable market downturn, resulting in the closure of several high-profile galleries including Blum, Tanya Bonakdar, and Sean Kelly.

fog design and art fair 2024 2420674

The FOG Design and Art Fair celebrated its 10th anniversary with a buoyant 2024 edition at San Francisco's Fort Mason Center, opening January 18. The fair saw brisk sales, including a Jim Hodges canvas sold for $115,000 at Gladstone Gallery and multiple works by Anicka Yi, Yayoi Kusama, Wolfgang Tillmans, and Ruth Asawa at David Zwirner. Tina Kim Gallery sold works by South Korean artists Kim Tschang-Yeul and Ha Chong-Hyun, as well as two Pacita Abad pieces, with one fetching $200,000 to $250,000. The San Francisco Museum of Modern Art (SFMOMA) acquired several works for its permanent collection via the FOG Forum Fund, including pieces by Maria Pergay, Duyi Han, and Katie Stout.

kenny schachter column larry g michael werner gallery 2719655

Kenny Schachter's column reports on the fallout at Michael Werner Gallery following the departure of star artist Peter Doig. Co-owner Gordon VeneKlasen is accused of expensing luxury items—including private jets, Hamptons helicopter rides, and even a solo helicopter trip for his Labrador Retriever—while the gallery faced financial strain. The partnership is dissolving, with VeneKlasen moving to Los Angeles to open his own gallery and listing his West Village home for $20 million. Meanwhile, Schachter also notes Pace Gallery's financial troubles, with founder Arne Glimcher stepping in to stabilize operations.

want one of bob thompsons enigmatic paintings the best time to buy was yesterday 2707960

Artnet News reports on the rising market for African American painter Bob Thompson, who died at 28 in 1966 but produced thousands of works in a five-year span. His vibrant, narrative paintings—inspired by Old Masters, Greek mythology, and Modernism—have long influenced artists and curators, yet only recently commanded high auction prices. In 2024, all 16 lots offered sold, totaling $4 million, with a record $1.26 million for *Music Lesson* (1962) at Christie’s. The article traces his career from Louisville to Europe, his estate history with dealer Michael Rosenfeld, and current interest from collectors and institutions like the Whitney Museum and Smithsonian American Art Museum.

one takeaway from art basel it remains a buyers market 2659059

Art Basel 2025 saw cautious buying despite optimistic statements from major dealers like Pace's Marc Glimcher, who claimed sales velocity was as vigorous as any year. However, collector attendance was thin, with American attendance down for the second year running due to trade tensions and geopolitical concerns. Deals were closing at 20 to 30 percent below asking prices, confirming a buyer's market. Sales ranged from a $245 collectible Labubu figurine by Kasing Lung to works by Wei Libo, Joyce Joumaa, Lonnie Holley, Joan Jonas, Hao Ling, Sarah Lucas, and Rosemarie Trockel, with most activity under $1 million.

the venice biennale spotlights the market for latin american art 2502919

The Venice Biennale, often called the 'Olympics of the art world,' is spotlighting Latin American art in its 2024 edition. Curated by Adriano Pedrosa, director of the São Paulo Museum of Art and the first South American and openly queer person to hold the role, the exhibition titled 'Foreigners Everywhere' features over 330 artists, with more than 80 having ties to Latin America—about 24 percent of the show, up from 11 percent in 2022. The article examines the market for Latin American art, noting that while auction records exist (e.g., Frida Kahlo's $34.9 million painting), total auction volume for Latin American artists has declined from $388.3 million in 2015 to $245.5 million last year, reflecting a specialized market dominated by a few internationally recognized figures.

figurative painting trend boom bust market politics zombie jennifer packer salman toor louis fratino 1234747400

The article examines the narrative that figurative painting died and made a comeback, arguing instead that it never truly disappeared. It traces the art market's pendulum swing from zombie formalism around 2014 to a surge in figurative painting by 2015, fueled by collectors seeking new, affordable works to flip quickly. The piece highlights emerging painters like Gina Beavers, Mira Dancy, Jamian Juliano-Villani, and Greg Parma Smith, and notes that the boom created auction stars whose prices later crashed, as reported in a 2024 New York Times article.

The Business of KAWS: What Data and a Museum Show Reveal About His Market

The San Francisco Museum of Modern Art (SFMOMA) is currently hosting a major survey of KAWS, marking the final stop of a three-city tour that highlights the artist's unique blend of commercial savvy and institutional ambition. The exhibition features a range of works from diamond-encrusted sculptures for Kid Cudi to a 'genius' membership drive that sold 1,000 KAWS-branded museum memberships at $300 each. Despite a significant cooling in his auction results—dropping from a 2019 peak of $112.9 million to just $7.72 million last year—the artist continues to draw massive crowds, particularly among younger demographics.

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

The contemporary art market has declined for the fourth consecutive year, with auction sales for postwar and contemporary works falling to $4.5 billion in 2025 from a peak of $8.5 billion in 2021. Simultaneously, the market has seen a significant rebound in more established categories, with auction sales of Impressionist and Post-Impressionist works rising 47% and Old Masters climbing 30% last year.

Ceramics Are Everywhere, in Museums, Galleries, and Fairs—Has the Market Caught Up?

Ceramics are experiencing a surge in visibility across museums, galleries, and art fairs in major US cities. The article catalogs numerous recent and upcoming exhibitions, including Kathy Butterly's sold-out show at James Cohan with pieces at $45,000 each, Nicole Cherubini's nearly sold-out show at Friedman Benda with prices up to $65,000, and Ruby Neri's work at Salon 94 peaking at $75,000. Other highlights include Ron Nagle at Matthew Marks, Theaster Gates' Gagosian show celebrating David Drake, NADA Ceramics in Tribeca, and ceramic presentations at Frieze Los Angeles, Post-Fair, Expo Chicago, and David Zwirner. Institutional shows include Toshiko Takaezu at Princeton University Art Museum and a ceramic collection at RISD Museum.

louis fratino david zwirner representation 1234773047

Painter Louis Fratino has joined the mega-gallery David Zwirner, adding the powerhouse to his existing representation by Berlin's Galerie Neu and New York's Sikkema Malloy Jenkins. This multi-gallery arrangement is a departure from the typical practice of artists severing ties with smaller galleries when aligning with a global giant.

sean combs sentencing art collection 1234755271

Sean Combs, the rapper and record executive known as Diddy, was sentenced on Friday to 50 months in federal prison and fined $500,000 for two counts of transportation for prostitution. He was acquitted of racketeering and sex trafficking charges. The sentencing followed a trial that included testimony from his ex-girlfriend Cassie Ventura and an anonymous former employee alleging abuse. Combs apologized in court, calling his behavior "disgusting, shameful and sick." Judge Arun Subramanian noted that Combs's "immense financial resources enabled his crimes."

david lynch home studio sale 1234751869

The Hollywood Hills home of the late filmmaker, musician, and artist David Lynch has been listed for sale at $15 million. The 2.3-acre compound, originally built in 1963 by Lloyd Wright (son of Frank Lloyd Wright), was expanded by Lynch over his 35 years of residence to include two neighboring lots. It features 10 bedrooms, 11 bathrooms, an art studio, a workshop, and a private screening room. The property served as both living quarters and workspace, and was even used as a film set for Lynch's 1997 movie *Lost Highway*. The listing shows that the home survived the recent destructive fires in the area, from which Lynch had evacuated shortly before his death in January 2025.

claire oliver gallery expands new york 1234750054

Claire Oliver Gallery is expanding its Harlem townhouse location in New York, adding the upper floors to its existing street-level space. The new areas will be dedicated to a more intimate, salon-style presentation, moving away from the traditional white cube model. The expansion will be inaugurated on September 5 with a solo exhibition by BK Adams on the ground floor and a group show upstairs featuring represented artists including Barbara Earl Thomas, Carolyn Mazloomi, Gio Swaby, and others.

morning links july 30 2025 1234748534

The article reports on a generational shift in the art world, with younger gallerists (millennials and Gen Z) redefining success away from the traditional empire-building model. It highlights the recent closures of Venus Over Manhattan and Tim Blum's gallery, but notes that emerging dealers like Bridget Donahue and Matthew Brown are prioritizing collaboration, transparency, and a sustainable pace—attending fewer art fairs and building tight-knit communities rather than large client bases. Separately, the article covers Hauser & Wirth's announcement of a new gallery in Palo Alto, California, set to open in spring 2026, marking the mega-gallery's first Bay Area location and its third in California.

The Venice Biennale’s Polite Fiction of Being ‘Above the Market’ Is Wearing Thin

The 61st Venice Biennale is underway, with art world figures flocking to Venice for the opening. While the Biennale is officially a non-selling curatorial platform, commercial interests are increasingly visible: galleries are funding artists' projects to recoup investments, auction houses like Christie's are hosting private selling exhibitions (including a 'Ghost Pavilion' at the Ca' Dario Palazzo), and fashion houses such as Bottega Veneta and Chanel are sponsoring events. Sotheby's has pulled support for the U.S. Pavilion, which is now crowdfunding, while Frieze is bankrolling the British Pavilion for a second time.

2026 asian art market preview 2737112

Artnet Pro's 'The Asia Pivot' newsletter previews the 2026 Asian art market, highlighting a hopeful recovery after signs of improvement in late 2025. Key events include Art SG in Singapore (hosting S.E.A. Focus for the first time), the inaugural Art Basel Qatar in February, and Art Basel Hong Kong in March. Auction houses will align spring sales with these fairs. The article also notes regional shifts: South Korea's Art Asia partners with KINTEX for a new fair in India, Hong Kong's Kwai Fung Hin opens in Singapore, and Shanghai's Antenna Space expands to Hong Kong. Japan's Prime Minister Sanae Takaichi meets with artist Takashi Murakami to promote culture abroad, while geopolitical tensions with China threaten cultural exchanges.

collectors reveal key advice part ii 2666208

Artnet News published part two of a two-part series featuring advice from 11 experienced collectors. Among them are comedian Cheech Marin, who began collecting Chicano art in the 1980s and opened the Cheech Marin Center for Chicano Art and Culture in Riverside, California in 2022, and Kiran Nadar, founder of the Kiran Nadar Museum of Art in India, who with her husband has amassed over 15,000 works. Marin emphasizes trusting instincts, building relationships with artists, seeing art in person, and warns about storage space becoming an addiction. Nadar advises staying open and curious, and not hesitating to explore the unfamiliar.

5 artworks lasting collection maddox gallery 2657589

Maddox Gallery, a London-based gallery with three locations, has highlighted five artworks from its collection that it considers smart investments in the current art market. The featured works include Andy Warhol's $ (1) (1982) from his 'Dollar Signs' series, Banksy's Gangsta Rat (2004), Roy Lichtenstein's Crying Girl (1963), and David Hockney's Split Ink (2019). The article notes the strong market performance of these artists, citing Warhol's market growth from $402 million in 2000 to over $10 billion in 2025, and the recent Sotheby's sale of Lichtenstein estate works for more than $35 million.

pilar corrias new gallery london 2023 2373010

Pilar Corrias is expanding her London gallery with a new 5,000-square-foot flagship space at 49-51 Conduit Street in Mayfair, featuring 16-foot ceilings and street-level access. The gallery, now 15 years old, has grown from representing 4 to 35 artists, including top-selling names like Christina Quarles. Corrias decided to open the new space after a four-year search, citing its rare size and industrial character as a contrast to her existing Savile Row location, which she will retain. The first exhibition in the new gallery will showcase new paintings by Christina Quarles.

artist made furniture 2639835

This article explores the growing trend of artist-made furniture, which blurs the line between functional design and fine art. It highlights how artists like Salvador Dalí, Isamu Noguchi, Donald Judd, Tracey Emin, and the duo Les Lalanne have created pieces that invite physical interaction—such as sitting or touching—while retaining high art status. Gallerist Massimo de Carlo notes that collectors are drawn to this merging of art and life, and that such works offer both conceptual depth and investment value. The article also notes market disparities, with editions of furniture costing far less than unique works, though some pieces, like a François-Xavier Lalanne rhinoceros desk, have sold for nearly $20 million at auction.

hauser wirth uptown sale jens hoffmann project wet paint 2638685

Hauser & Wirth has sold its Upper East Side townhouse at 32 East 69th Street for $10.5 million to a developer, ending a decades-long presence in the neighborhood. The property, purchased in the 1990s as a family residence, was renovated by architect Annabelle Selldorf and later used as gallery space from 2009, hosting exhibitions by artists like Pope.L, Anna Maria Maiolino, Luchita Hurtado, and Arshile Gorky. Gallery co-founder Iwan Wirth cited a shift in the family's center of gravity to Chelsea and the business's expansion downtown with new locations on West 18th Street and Wooster Street in SoHo.

state of the art market old masters and neo old masters 2327212

Artnet News, in collaboration with Morgan Stanley, analyzed auction data from the Artnet Price Database to assess the state of the European Old Master market since 2018. The investigation explores how efforts to contemporize Old Masters—through juxtapositions at art fairs like TEFAF and Masterpiece London, and gallery shows such as David Zwirner's 'Endless Enigma'—have correlated with market trends for Contemporary and Ultra-Contemporary artists whose work is visibly influenced by classical European art. The report also examines the impact of living artists inspired by Old Masters, suggesting that restricting analysis to historical works alone may underestimate their ongoing influence on the art market.

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.

The Met is Finally Treating Lee Krasner as Pollock’s Equal—Will the Market Follow?

The Metropolitan Museum of Art has announced a major upcoming exhibition titled "Krasner and Pollock: Past Continuous," which aims to present Lee Krasner and Jackson Pollock as artistic equals. While the museum's narrative seeks to reframe Krasner as a formidable figure of the New York School on her own terms, the art market continues to reflect a significant valuation gap. Pollock’s auction record stands at over $61 million, while Krasner’s peak public sale remains just under $12 million, highlighting the persistent commercial struggle for female Abstract Expressionists.

pace modigliani art basel paris restellini 1234757110

Pace Gallery announced highlights for its Art Basel Paris presentation, including a major Amedeo Modigliani painting from 1918, *Jeune fille aux macarons (Young Woman with Hair in Side Buns)*, priced around $10 million. The work previews a new partnership between Pace and the Institut Restellini, founded by Modigliani scholar Marc Restellini. Restellini will collaborate with Pace on symposia in New York in 2026 and an exhibition in 2027, while his long-awaited Modigliani catalogue raisonné—authenticating 424 works—is set for publication in March 2025 by Yale University Press.

gladstone gallery robert colescott estate representation 1234760508

The estate of Robert Colescott, the influential American painter who died in 2009, has signed with Gladstone Gallery for representation. Gladstone will debut Colescott's work at Art Basel Miami Beach next month and mount its first solo exhibition for the artist in 2025. Colescott is best known for satirical, large-scale paintings like "George Washington Carver Crossing the Delaware: Page from an American History Textbook" (1975), which critiques the exclusion and caricaturing of Black figures in American history and art. The estate sought new representation after its longtime gallery, Blum, closed this summer. Gladstone senior partner Max Falkenstein said the gallery had long admired Colescott and that the partnership felt like a natural fit given the gallery's focus on identity and politics.

sothebys matthew carolyn bucksbaum magritte jean dubuffett 1234756446

Sotheby's will sell ten works from the Matthew and Carolyn Bucksbaum collection in its fall auctions, with six pieces by René Magritte, Jean Dubuffet, Salvador Dalí, Joan Miró, and Paul Klee featured in the Modern Evening auction on November 20. The group of six works carries a total estimate of $18 million to $24 million, led by Magritte's *Le Jockey perdu* (1942) at $9–12 million and Dubuffet's *Restaurant Rougeot II* (1961) at $6–8 million. Sotheby's executives Julian Dawes and Grégoire Billault emphasized the rarity and importance of these works, noting that the Magritte is the only oil version of its subject and the Dubuffet is one of just three paintings of the iconic Paris restaurant.

sothebys karpidas collection sale lots magritte surrealism 1234748729

Sotheby's has announced the headline lots for the upcoming sale of British socialite and arts patron Pauline Karpidas's collection, set to take place September 17–19 in London. The 250-item auction, described as the 'greatest collection of Surrealism to emerge in recent history,' is led by René Magritte's oil painting *La Statue volante* (1940-41), estimated at £9–12 million ($12–16 million). Other highlights include ten more Magritte works, four Andy Warhol pieces from his 'Art from Art' series, and works by Pablo Picasso, Salvador Dalí, and Leonora Carrington, along with furniture and design objects.