Art News. Vasari Codex

trending_up market schedule Jul 12, 2025 visibility 28 link 25 artists, 2 galleries

venus over manhattan closing adam lindemann

Adam Lindemann announces the closure of Venus Over Manhattan, the gallery he founded in 2012 after a career as a contemporary art collector and writer. The gallery opened with a show titled "À Rebours," inspired by a novel about a decadent aristocrat, and featured works by Warhol, Hammons, and others—a show that famously saw a Dalí stolen from the wall. Over its 14-year run, Venus Over Manhattan mounted exhibitions including a Maurizio Cattelan show during a market lull, a Calder installation with spotlights and fans, and a show mixing African masterpieces with works by Koons, Prince, and Hirst. Lindemann reflects on the challenges of opening a gallery against advice, the theft that made international news, and the quiet validation he received from artists like David Hammons.

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trending_up market schedule Jan 21, 2026 visibility 30 link 24 artists, 15 galleries

fog fair san francisco komal shah

At the opening of San Francisco's FOG Design and Art fair, prominent collector Komal Shah navigated the crowded aisles, stopping to chat with a who's who of the Bay Area art scene, including FOG founder Stanlee Gatti, ICA San Francisco director Ali Gass, and SFMOMA director Christopher Bedford. Shah, known for her collection focused on women artists, was scouting works with a handwritten list, considering pieces by Ruth Asawa and Joan Brown, though she passed on a $425,000 Asawa sculpture. The fair's gala serves as a fundraiser for SFMOMA, and Shah's collection is currently on view at the Berkeley Art Museum and Pacific Film Archive in the exhibition "Making Their Mark: Works from the Shah Garg Collection."

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trending_up market schedule Dec 29, 2025 visibility 21 link 7 artists, 6 galleries

top 5 art market minute podcast episodes 2025

Artnet News published a roundup of the top five episodes of its podcast 'Art Market Minute' from 2025, hosted by Margaret Carrigan. The episodes cover key industry topics: whether artists still need galleries, how to build professional relationships in the art world, the rising market value of Jack Whitten's work, the impact of AI on the art market, and the wave of high-profile gallery closures reshaping the trade. Guests include Sonia Manalili, Brooke Lampley, Naomi Rea, Eileen Kinsella, Jo Lawson-Tancred, and Katya Kazakina.

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trending_up market schedule Nov 18, 2025 visibility 31 link 26 artists, 6 galleries

sperone westwater gallery closing

Sperone Westwater, a pioneering New York gallery that launched artists like Bruce Nauman, Richard Long, and Francesco Clemente, will close on December 31 after 50 years. Co-founders Angela Westwater and Gian Enzo Sperone are pursuing separate endeavors. The gallery’s final show is a current exhibition for Long, and it will still participate in Art Basel Miami Beach next month. Founded in 1975 in SoHo, the gallery was known for championing Neo-Expressionism and transavanguardia, and later diversified its roster with artists like Joana Choumali and Gamaliel Rodriguez. Its eight-story Bowery building, designed by Norman Foster, faces an uncertain future.

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trending_up market schedule Aug 28, 2025 visibility 26 link 12 artists, 5 galleries

claire oliver gallery expands new york

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.

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trending_up market schedule Aug 27, 2025 visibility 24 link 10 artists, 4 galleries

gladstone gallery peter saul venus over manhattan

Gladstone Gallery has secured U.S. representation of Peter Saul, the 91-year-old painter known for his garish satirical canvases, and appointed Anna Christina Furney, formerly a partner at Venus Over Manhattan, as director. Saul will continue to be represented in the U.S. and UK by Michael Werner Gallery. Furney had represented Saul for 14 years at Venus Over Manhattan, which recently closed after founder Adam Lindemann announced he would shutter the gallery and return to being a collector.

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trending_up market schedule Nov 20, 2025 visibility 33 link 6 artists, 106 galleries

frieze los angeles 2026 exhibitor list

Frieze Los Angeles has announced its 2026 exhibitor list, featuring 95 galleries from 22 countries at the Santa Monica Airport, running from February 26 to March 1. The lineup includes blue-chip names like Gagosian, Hauser & Wirth, and David Zwirner, alongside local staples such as Commonwealth & Council and David Kordansky Gallery. First-time participants include El Apartamento, Bradley Ertaskiran, and Sprüth Magers returns after a hiatus. The Focus section, curated by Essence Harden, highlights galleries under 12 years old. Notable absentees include Marian Goodman Gallery, Bortolami, and Sean Kelly, while five galleries that participated in 2025 have since closed. The fair follows a challenging 2025 edition impacted by LA wildfires, which prompted withdrawals and a charity initiative.

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trending_up market schedule Jul 17, 2025 visibility 24 link 11 artists, 2 galleries

adam lindeman to close venus over manhattan

Adam Lindemann, a collector-turned-dealer, announced he will close Venus Over Manhattan, the New York gallery he founded 14 years ago. The gallery's final exhibition, a solo show for painter Susumu Kamijo, will run until July 18. Lindemann revealed the decision in an opinion piece for Artnet News, citing the challenges of straddling the roles of collector and dealer, as well as the politics of art fairs. He plans to return to collecting full-time.

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trending_up market schedule Jul 22, 2025 source 2 sources visibility 16 link 13 artists, 3 galleries

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.

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trending_up market schedule Oct 28, 2025 visibility 28 link 13 artists, 6 galleries

altman siegel closes gallery san francisco

Altman Siegel, a key gallery in San Francisco's art scene, will close in November 2025 after 16 years. Founder Claudia Altman-Siegel attributed the closure to a challenging market for mid-size galleries, stating it became too difficult to scale in the current climate. The gallery's final show is a solo exhibition by Shinpei Kusanagi, ending November 22. Its roster included artists such as Simon Denny, Lynn Hershman Leeson, Trevor Paglen, and others. The closure follows a trend of galleries shutting down or scaling back, including Blum and LA Louver in Los Angeles, and Clearing and Venus Over Manhattan in New York.

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trending_up market schedule Sep 5, 2025 visibility 28 link 17 artists, 9 galleries

clearing gallery closes

Clearing, a New York-based gallery known for launching the careers of artists like Korakrit Arunanondchai, Harold Ancart, and Marguerite Humeau, has permanently closed its spaces in New York and Los Angeles after 14 years. Founder Olivier Babin cited an unsustainable path forward, stating the gallery could no longer operate at its standards. The closure follows a wave of New York gallery shutdowns, including Blum, Venus Over Manhattan, and Kasmin, which is transitioning into a new entity called Olney Gleason. Clearing’s final exhibitions were solo shows by Coco Young in New York and Henry Curchod in Los Angeles.

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trending_up market schedule Mar 25, 2026 visibility 20 link 5 artists, 2 galleries

art market report 2025 growth high end sales

The global art market returned to growth in 2025, reaching $59.6 billion in sales according to the latest Art Basel and UBS Art Market Report. This 4 percent increase ended a two-year decline, driven primarily by a 9 percent surge in public auction sales and a significant revival in high-value transactions for works priced over $10 million. While the United States maintained its dominant 44 percent market share, the recovery was uneven, with the Impressionist and Old Masters sectors seeing major gains while Postwar and Contemporary art continued to cool.

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trending_up market schedule Sep 24, 2025 visibility 29 link 28 artists, 3 galleries

tilton gallery closure

Tilton Gallery in New York has announced that its upcoming exhibition, featuring late abstract painter Ruth Vollmer, will be its last. The show runs from September 30 to November 15, after which the gallery will vacate its Upper East Side space. The decision was made by Connie Rogers Tilton, Jack Tilton's widow, who has run the gallery since his death in 2017. She stated it is time to pursue her own projects in a more private setting. The gallery was founded in 1983 by Jack Tilton, who previously worked for Betty Parsons, and was known for launching careers of artists like Marlene Dumas, Nicole Eisenman, and Glenn Ligon, as well as promoting Chinese artists in the 1990s.

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trending_up market schedule Dec 31, 2025 visibility 27 link 33 artists, 10 galleries

Observer’s 2025 Art Market Recap: Recovery After a Year of Recalibration

After a turbulent start marked by gallery closures and market contraction, the art market in 2025 rebounded decisively, driven by a secondary-market surge in high-quality consignments. Major auction houses reported strong year-end results: Sotheby's projects $7 billion in consolidated sales (up 17%), Christie's expects $6.2 billion (up 7%), and Phillips reported $927 million (up 10%). Key sales included the $272 million Leonard & Louise Riggio collection at Christie's, the $527.5 million Lauder collection at Sotheby's (led by a $236.4 million Gustav Klimt), and the $136 million Karpidas sales. The year began quietly but gained momentum after summer, with deep bidding and strategic pricing driving a 26% increase in Sotheby's auction revenue and an 11% overall rise in fine art sales across Old Masters, Impressionist, Modern, Post-War and Contemporary categories.

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trending_up market schedule Dec 18, 2025 visibility 36 link 13 artists, 20 galleries

Five forces that reshaped the art market in 2025

In 2025, the art market faced significant challenges, including gallery closures and unfavorable auction results in the first three quarters, driven by geopolitical pressures such as US President Donald Trump's tariffs. However, a rebound occurred in autumn, with buoyant fairs like Frieze London and Art Basel Paris, and strong November auctions in New York totaling over USD 2 billion, carrying momentum to Art Basel Miami Beach. Key events included Gustav Klimt's *Portrait of Elisabeth Lederer* selling for USD 236.4 million at Sotheby's, a record for a Modern work, and a Frida Kahlo self-portrait setting a new record for a work by a woman. Meanwhile, several galleries closed, including Blum, Venus Over Manhattan, Clearing, Kasmin Gallery, Tilton Gallery, and Perrotin and Pace's Hong Kong outposts, while others expanded, such as Thaddaeus Ropac in Milan and Hauser & Wirth in Sicily.

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trending_up market schedule Dec 17, 2025 visibility 17 link 9 artists, 7 galleries

The Art Market Year in Review

The art market experienced a turbulent 2025, beginning with a 12% decline in sales from 2024, following a 3% drop in 2023, as reported by the Art Basel and UBS Global Art Market Report. Major auction houses Christie’s, Sotheby’s, and Phillips saw average sales fall 6% in the first half of the year. However, the market rebounded by autumn, with strong sales at London and Paris art fairs and a 15% year-on-year increase in auction sales at the three main houses by December, according to Pi-eX. Key events included Sotheby’s failed sale of Alberto Giacometti’s *Grand tête mince* in May, followed by a record-breaking $236 million sale of Gustav Klimt’s *Portrait of Elisabeth Lederer* in November, and a $31.4 million record for François-Xavier Lalanne’s *Hippopotame Bar*.

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trending_up market schedule Sep 7, 2025 visibility 25 link 24 artists, 10 galleries

The Storm Hits the Art Market

The article reports on the severe downturn in the art market during the first half of 2025, focusing on the closure of New York-based Clearing gallery. Despite opting out of Art Basel to host an alternative exhibition in a rented villa to cut costs, the gallery could not survive its financial losses and announced bankruptcy in August. It is one of several prominent galleries—including Blum, Venus Over Manhattan, and Kasmin—that have closed amid falling sales, high overheads, and reduced collector spending.

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trending_up market schedule Dec 3, 2025 visibility 16 link 4 artists, 1 gallery

adaa art fair

The Art Dealers Association of America (ADAA) has announced a new art fair, the ADAA Fair, set to take place at the Park Avenue Armory from November 12–16, 2026. This follows the cancellation of the 2025 edition of its long-running Art Show, prompted by the end of a partnership with the charity Henry Street Settlement, which had hosted the fair's VIP opening as a fundraiser. The ADAA plans to refocus on supporting visual arts and museums, with the ADAA Foundation continuing to provide grants to U.S. institutions.

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trending_up market schedule Sep 12, 2025 visibility 17 link 6 artists, 8 galleries

art market reporting doom coverage

Artnet News released its mid-year intelligence report on the art market, led by Katya Kazakina's analysis titled “The Storm Hits the Art Market: Who’s Getting Swept Away?” The article cites major gallery closures including Blum, Venus Over Manhattan, and Kasmin, and quotes a collector warning that “blood will flow in the streets” before the market recalibrates. Kenny Schachter, an artist, dealer, and Artnet columnist, publicly criticized the coverage on Instagram, calling it alarmist and arguing that the market is “fucking fine.” The exchange has sparked a debate about the fairness and responsibility of art-market reporting.

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trending_up market schedule Oct 14, 2025 visibility 16 link 4 artists, 7 galleries

perrotin relocating hong kong gallery

Emmanuel Perrotin announced that his gallery is relocating from K11 Atelier Victoria Dockside back to Central, Hong Kong’s business district, where it first opened in Asia in 2012. The gallery vacated Dockside on October 1 after six years, citing the need to better serve its community, enhance accessibility, and reduce operational costs. The move follows Pace Gallery’s announcement that it will close its H Queen’s location by the end of October, and comes amid a broader shake-up in Hong Kong’s gallery scene, with other blue-chip dealers like Lévy Gorvy Dayan also shuttering spaces.

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trending_up market schedule Jul 15, 2025 visibility 19 link 3 artists, 2 galleries

french art galleries struggle amid wavering art market survey reveals

A survey by market researcher Iddem, conducted among the Professional Committee of Art Galleries (CPGA), reveals that 85% of French gallery owners are pessimistic about the art sector's economic outlook in 2025. Turnover among French galleries dropped 6% in 2024, while the global art market fell 12% per the UBS Art Basel 2025 report. Philippe Charpentier, new CPGA president, told Le Monde the market has regressed to 2010 levels, with one-fifth of dealers reporting sales declines of over 20%. France also struggles to attract young collectors, unlike Asian markets where buyers average in their thirties, according to CPGA vice president Magda Danysz.

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trending_up market schedule Sep 5, 2025 visibility 25 link 51 artists, 25 galleries

The Armory Show jumpstarts New York art market after summer of hand-wringing

The Armory Show opened its 2024 edition in New York with solid sales during the VIP preview on September 4, providing a positive signal for the city's art market after a summer marked by gallery closures and economic uncertainty. The fair saw the return of over 20 galleries that had previously taken a hiatus, including Andrew Kreps, Uffner and Liu, Instituto de Visión, and White Cube for the first time since 1994. Fair director Kyla McMillan emphasized the importance of rooting the fair in New York and praised exhibitors for taking risks with experimental works, such as Nikita Gale's installation 'Interceptor' (2025), which sold for $60,000 before the preview began.

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trending_up market schedule Aug 7, 2025 visibility 24 link 11 artists, 8 galleries

‘Everyone's suffering right now’: New York and Los Angeles gallery Clearing will close

Clearing, the influential New York and Los Angeles gallery that launched the careers of many prominent artists, will close both locations. Founder Oliver Babin announced the closure on August 7, citing crushing overhead costs—rent, shipping, and art fair expenses—that outpaced declining revenue. The gallery opened in 2011 in Bushwick, later moved to the Bowery in Manhattan in 2023, and expanded to Brussels and Los Angeles. Babin described the decision as inevitable, noting that the gallery had been kept alive by hope but now faces no viable path forward. The closure follows a wave of US gallery shutdowns this summer, including Kasmin, Venus Over Manhattan, and Tim Blum’s spaces.

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trending_up market schedule May 6, 2026 source 2 sources visibility 26 link 2 artists, 2 galleries

Art Market Auctions Recovered Late 2025, But Not A "Comeback" – Citi Wealth

Citi Wealth's report, "State of the Art Market 2026: Don’t Call It A Comeback," finds that the global art market entered 2026 with renewed optimism, but confidence is highly selective and concentrated at the high and accessible ends. The November 2025 Modern and Contemporary Art auctions in New York surged 77% year-on-year to $2.2 billion, driven by the record-breaking $236.4 million sale of Gustav Klimt's *Portrait of Elisabeth Lederer* from the Leonard Lauder collection. However, numerous galleries closed in 2025, including BLUM gallery and Venus Over Manhattan, and traditional hubs like London and New York face slow growth while emerging regions gain influence.

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trending_up market schedule Nov 24, 2025 visibility 29 link 7 artists, 7 galleries

Stephen Friedman to close New York gallery, two years after opening the Tribeca space

Stephen Friedman, the Canadian-born, London-based dealer, will close his New York gallery in Tribeca at the end of February 2026, less than three years after opening the space in October 2023. The decision is described as a strategic evolution to consolidate operations in London, where several new directors have been hired. The gallery's artist roster will remain unchanged, and Friedman plans to stay active in the US art scene through major fairs. The closure follows a challenging period marked by a £1.7m loss in 2023 due to renovation costs and a downturn in the art market, with cash flow currently tight after slow exhibition sales.

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trending_up market schedule Nov 21, 2025 visibility 26 link 10 artists, 4 galleries

New York gallery Sperone Westwater to close after 50 years amid lawsuit between co-founders

Sperone Westwater, a prominent New York gallery representing artists like Richard Long and Bruce Nauman, will close at the end of 2025 after 50 years. The closure follows a lawsuit filed by co-founder Gian Enzo Sperone against fellow co-founder Angela Westwater, alleging unlawful handling of funds and a "parasitic deadlock" over the gallery's finances, including rent disputes and salary increases. The gallery will continue its current Richard Long exhibition until December 13 and participate in Art Basel Miami Beach before shutting down on December 31.

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trending_up market schedule Oct 17, 2025 visibility 28 link 10 artists, 5 galleries

Altman Siegel, stalwart of San Francisco’s gallery scene for 16 years, will close

Altman Siegel, a prominent San Francisco gallery, will close on 22 November after 16 years in business. Founder Claudia Altman-Siegel announced the decision on 15 October, citing the difficulty for a gallery of its size to scale in the current climate. The gallery, which opened in 2009 at 49 Geary, expanded to a 5,000-square-foot space in the Minnesota Street Project complex and an outpost in Presidio Heights. Over its history, it staged 213 exhibitions and art fairs, representing artists such as Lynn Hershman Leeson, Trevor Paglen, Richard Mosse, Simon Denny, and Kiyan Williams. Its final exhibition will be an eighth solo show with Japanese painter Shinpei Kusanagi.

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trending_up market schedule Sep 24, 2025 visibility 28 link 6 artists, 6 galleries

New York’s Tilton Gallery staging final exhibition after more than four decades in business

New York’s Tilton Gallery has announced that its upcoming exhibition dedicated to German-born American conceptual artist Ruth Vollmer will be its final show, closing after more than four decades in business. The gallery, founded by Jack Tilton in 1983, has been run by his widow Connie Rogers Tilton since his death in 2017. The Vollmer exhibition runs from 30 September to 15 November, after which Rogers Tilton plans to transition to private sales and research projects.

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trending_up market schedule Sep 19, 2025 visibility 12 link 6 artists, 3 galleries

Picasso or Bitcoin? How art’s status is changing among the super-rich

Christie's and Sotheby's reported nearly flat first-half 2025 sales of $2.1bn and $2.2bn respectively, with Christie's 20th/21st-century art sales down 2% but luxury up 29%. The Mei Moses Art Index shows over 50% of auction lots sold at negative compound annual returns, which analyst Michael Moses calls 'the worst overall financial performance in the 21st century.' Meanwhile, Bitcoin, gold, and stocks have significantly outperformed art, with BlackRock's Bitcoin ETF alone attracting $84bn—far exceeding the global art market's total value. A record $43.9m Canaletto sale to a Bezos-linked buyer underscores that top-tier works still command attention, but the broader trend suggests wealthy investors are prioritizing financial returns over art as a status symbol.

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trending_up market schedule Aug 8, 2025 visibility 23 link 12 artists, 5 galleries

CLEARING to close its New York and Los Angeles galleries after 14 years.

CLEARING, a New York-based gallery known for representing artists such as Marguerite Humeau, Korakrit Arunanondchai, and Harold Ancart, is closing its Manhattan and Los Angeles locations after 14 years. Founder Olivier Babin announced the closure on Instagram, citing no viable path forward due to rising overhead costs for rent, shipping, and art fairs, alongside declining revenues. The gallery opened in Brooklyn in 2011, later expanded to Brussels, and moved to a larger Bowery space in 2023 before the financial pressures became unsustainable. Its final exhibitions were solo shows by Coco Young in New York and Henry Curchod in Los Angeles.

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