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frieze new york 2025 sales report

Frieze New York opened on a warm Wednesday morning, with a packed spring art week schedule that saw the fair and TEFAF's US edition separated by just 24 hours. The VIP day was animated with strong sales, including Jeff Koons's *Hulk (Tubas)* reportedly selling for $3 million at Gagosian, which presented the artist's first collaboration since he left the gallery in 2021. Other notable sales included works by Liza Lou, Joan Snyder, David Salle, and Adam Pendleton, with Pace Gallery selling all six of Pendleton's paintings within hours. Galleries reported a slower but deliberate pace of buying, with collectors taking more time to make decisions.

is dawn arriving for milans art scene

Thaddaeus Ropac, a major European blue-chip gallery, opened its seventh location in Milan in January 2025, occupying a prime palazzo previously home to Massimo de Carlo and Peres Projects. The inaugural exhibition pairs Georg Baselitz and Lucio Fontana in a show titled "L’aurore viene." The move has reignited debate about whether Milan is finally poised to become a contemporary art capital, despite past false starts and the city's stronger identity as a fashion and design hub.

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.

conditional authenticity appraisal reports recent cases

A Paris court seized 135 allegedly stolen paintings from Paris-based art authenticators ArtAnalysis in January, which had been holding the works for collector Mozes Frisch. The pieces are part of a 1,778-work collection supposedly by heavyweight Russian modernists. Palestinian businessman Uthman Khatib and his son Prince Castro Ben Leon claim the works were stolen from them by Frisch in 2019, and are suing in Germany for return of the works or $323 million. ArtAnalysis owner Laurette Thomas, Frisch, and collector Olivia Amar are countersuing Khatib for return of the Paris-held works plus $30.5 million in damages. The Khatibs' law firm Dentons hired Doerr Dallas Valuations to appraise the 135 disputed works, which assigned a $208 million valuation but included a caveat, likely related to the fact that many works were listed on the Art Loss Register in 2014 during an investigation into disgraced Israeli art dealer Itzhak Zarug, who was suspected of dealing fakes.

art world italy gallery boom

Austrian art dealer Thaddaeus Ropac is opening a new gallery in Milan, his seventh location, despite initial concerns over Italy's high value-added tax (VAT) on art, which was Europe's highest at 22 percent. The Italian government slashed the VAT to 5 percent in June after pressure from art market players, making it the lowest in the EU. The gallery, spanning over 3,000 square feet in the 18th-century Palazzo Belgioioso, opens on September 20 with a show featuring Georg Baselitz and Lucio Fontana, followed by exhibitions of Valie Export and Ketty La Rocca. Elena Bonanno di Linguaglossa will serve as executive director.

Ed Ruscha | Ed Ruscha - Reading Ed Ruscha (Hand Signed by Ed Ruscha) (2012) | Available for Sale

A hand-signed offset lithograph poster by Ed Ruscha, created for the 2012 "Reading Ruscha" exhibition at the Kunsthaus Bregenz in Austria, is available for sale. The poster features an iconic 1971 photograph of the artist by Jerry McMillan and is noted for its rarity, with Ruscha having signed fewer than 50 copies for the institution.

Joan Mitchell becomes most expensive female artist at auction in Asia with US$17.6m Sotheby's sale

Joan Mitchell’s diptych "La Grande Vallée VII" sold for HK$137 million (US$17.6 million) at Sotheby’s Hong Kong, setting a new record for the most expensive work by a female artist ever sold at auction in Asia. The 1983 masterpiece, part of a celebrated 21-painting cycle dedicated to a grieving friend, led a successful Modern and Contemporary Evening Auction that saw a 100% sell-through rate for its 54 lots. Other notable results included a Mark Rothko canvas that more than doubled its low estimate and significant sales for works by Sanyu and Zao Wou-Ki.

mexico francisco toledo dobel tequila

Francisco Toledo, the renowned Mexican artist, collaborated with Maestro Dobel Tequila on a limited-edition luxury tequila vessel before his death. The Dobel Tequila Grandes Maestros Collection: The Francisco Toledo Edition features the world's first extra añejo tequila finished in mezcal barrels, housed in a hand-engraved bottle with a sculptural wooden cube display. Only 15 of the 281 editions are available in the U.S. market, each priced at $5,000, and are now being auctioned via Artnet.

Ed Ruscha | Vintage Ed Ruscha exhibition poster - Mountain serie… (2010) | For Sale

This is a listing for a vintage Ed Ruscha exhibition poster from his "Mountain series" (2010), offered for sale by Baldwin Gallery (London/Dubai) on Artsy. The offset lithograph on paper measures 39.4 × 27.2 inches, is from an unknown edition, unsigned, and includes a certificate of authenticity. The price is £3,250, with shipping available from London.

Lawrence Weiner | A Means To An End (Hand Signed) (2006) | Available for Sale

A hand-signed original exhibition poster by the late conceptual artist Lawrence Weiner, titled "A Means to an End" (2006), has been made available for purchase through ArtWise in Brooklyn. Created for Weiner’s solo exhibition at Le Musée de Sérignan, the color offset lithograph features the artist's signature in black pen and exemplifies his career-long investigation into language as a sculptural medium. The work is priced at $700 and includes a certificate of authenticity from the gallery.

The UAE’s art market is on the up

The UAE's art market is experiencing a resurgence nearly two decades after the 2008 financial crash, driven by a booming economy and strategic investments. Key developments include an Abu Dhabi sovereign wealth fund, ADQ, acquiring a $1 billion stake in Sotheby's, and Art Basel announcing a new fair in Doha, Qatar, set to launch in February 2026. Meanwhile, Christie's is expanding its Dubai office, and Saudi Arabia hosted its inaugural Art Week Riyadh in April, featuring 32 commercial galleries. Despite these regional moves, Dubai remains the Gulf's commercial art hub, with Sotheby's chairman Edward Gibbs noting a 70% increase in regional bidders over five years and Christie's president Anthea Peers reporting that sales of modern Middle Eastern art trebled between 2020 and 2024.

Thaddaeus Ropac opens its first gallery in Milan.

Thaddaeus Ropac opened its first gallery in Milan on September 20, 2025, located in the neoclassical Palazzo Belgioioso near Via Monte Napoleone. The inaugural exhibition, “L’aurora viene,” features works by Georg Baselitz and Lucio Fontana. The 280-square-meter space is the mega-gallery’s seventh location worldwide. Elena Bonanno di Linguaglossa, a veteran with experience at Lévy Gorvy Dayan, Fondazione Pastificio Cerere, and Blain|Southern, will lead the Milan branch.

Rare Keith Haring Self-Portrait and Other Intimate Works Go on View in NYC

A collection of intimate works by Keith Haring, including a rare self-portrait, a painted crib, and personal letters, has gone on view at Sotheby's Breuer building in New York City. The works were gifted by Haring to his childhood best friend and fellow artist, Kermit Oswald, over the course of their friendship from 1977 to 1989. The free public exhibition precedes a series of three auctions beginning May 14, with highlights including the self-portrait estimated at $3–5 million and a crib-and-dresser set expected to fetch $250,000–350,000.

Irving Penn’s portraits of Picasso, Botero, and more head to auction.

A series of portraits by renowned photographer Irving Penn will be auctioned at Christie's New York on April 3rd. The sale features iconic images of major 20th-century cultural figures, including artists Pablo Picasso, Salvador Dalí, and Isamu Noguchi, as well as writer Joan Didion.

A centenary of style: why Art Deco's market appeal is evergreen

Art Deco, the French-led Modernist style that flourished between the world wars, is experiencing a centenary peak this autumn. A major exhibition at Paris’s Musée des Arts Décoratifs, titled "1925-2025: One Hundred Years of Art Deco" (through April 2026), leads institutional celebrations, with smaller shows at the Musée Zadkine and Cité de l’Architecture et du Patrimoine, and a poster survey at the London Transport Museum. The style is also prominent on the art fair circuit: Eileen Gray’s Dragon armchair (1917-19) was redisplayed at FAB Paris, Galerie Jacques Lacoste featured a Deco stand at PAD London, and focused presentations are planned at Salon Art + Design in New York. Galleries like Galerie Marcilhac are expanding, with a new Paris space and plans to showcase Deco designers at upcoming fairs.

Ed Ruscha | Ed Ruscha Records 1971 (1st edition) (1971) | Art & Prints

This article presents Ed Ruscha's artist book "Records" (1971), a photographic survey of thirty vinyl records from his personal collection, offered by Lot 180 Gallery New York. It describes the work as a first edition offset printed book in good vintage condition, measuring 7 x 5.5 inches, from an edition of approximately 2,000 unsigned copies published by Heavy Industries Publications in Los Angeles.

man ray rediscovered

A rediscovered watercolor sketch by Man Ray, created in 1913 when he was in his early twenties, has resurfaced after decades in an attic and sold for £18,000 ($24,000) at Dreweatts auction house in Newbury, England, on July 10. The work, titled *Nude Playing Musical Instrument [Study for “Tapestry Painting”]*, is a preparatory study for a lost larger oil-on-linen tapestry and offers rare insight into the artist's pivotal transition from traditional painting to avant-garde experimentation inspired by European modernism encountered at the 1913 Armory Show.

The Italian art market is gaining momentum

Italy's contemporary art market is experiencing a surge in activity, marked by the arrival of international galleries like Thaddaeus Ropac in Milan and Hauser & Wirth's planned opening in Sicily. This coincides with major art events such as Paris Internationale launching in Milan alongside the local Miart fair.

Thaddaeus Ropac is betting on Milan—will it pay off?

Austrian dealer Thaddaeus Ropac opened a new gallery in Milan on September 20, capitalizing on Italy's newly reduced 5% VAT on art imports—the lowest in the EU—and an influx of wealthy expats from London following the UK's abolition of non-dom tax status. The gallery occupies the first floor of the historic Palazzo Belgioioso, with Elena Bonanno di Linguaglossa appointed as director. Ropac's move follows his earlier successful expansions into Seoul and Pantin, which proved prescient.

The Shape of Today - Romanian Contemporary Art

Ans Azura is hosting a major auction in Bucharest titled "The Shape of Today," featuring a curated selection of Romanian contemporary and modern art. The sale spans generations, from historical avant-garde masters like Marcel Iancu and Victor Brauner to global contemporary stars like Adrian Ghenie. The collection explores how Romanian artists have navigated identity, language, and resistance through various political and cultural shifts over the last century.

Design Miami will expand to Dubai

Design Miami has announced plans to launch a new edition in Dubai in early 2027, in partnership with the Dubai-based cultural enterprise Alserkal. The fair, currently celebrating its 20th anniversary in Miami Beach, also runs an annual edition in Paris, while its Basel show was suspended earlier this year. The inaugural Design Miami Dubai will be led by Vilma Jurkute, executive director of Alserkal, Jennifer Roberts, CEO of Design Miami, and Jesse Lee, chairman of Design Miami and founder of Basic.Space, which acquired the fair in 2023. Beyond the annual event, the collaboration will establish a year-round programme of design talks and educational initiatives.