In Paris, Highly Mobile Gallerists

À Paris, des galeristes très mobiles

The Parisian art scene is experiencing a significant wave of gallery expansions and relocations across both the Right and Left Banks. Major developments include Kamel Mennour acquiring the former Malingue gallery space on Avenue Matignon for secondary market masterpieces, and Christophe Person moving from the Marais to a redesigned space on Rue du Bac with the backing of collector Jean Claude Gandur. Other notable moves include London-based Waddington Custot opening a Parisian branch, Singapore's Cuturi Gallery settling in the Palais-Royal, and Vincent Sator inaugurating a new space in the David Chipperfield-designed Morland Mixité Capitale complex.

London’s Timothy Taylor to Close New York Outpost After a Decade

London gallery Timothy Taylor will close its New York outpost next month after nearly a decade of operation. The gallery cited current market conditions and the high costs of maintaining a second permanent space as reasons for the consolidation, though it will maintain an office and viewing room in the city.

$4 Million Picasso painting leads sales at Art Basel Hong Kong 2026.

A 1964 painting by Pablo Picasso, 'Le peintre et son modèle,' sold for approximately $4.05 million at the VIP preview of Art Basel Hong Kong 2026. The sale, conducted by gallery BASTIAN, led a wave of early transactions across various price points and media as the fair opened its 13th edition.

The Hole Gallery Sued Over Unpaid Back Rent

The Hole, a prominent contemporary art gallery founded by Kathy Grayson, has shuttered its West Hollywood location amid a wave of legal and financial troubles. Court filings reveal that the gallery faces multiple lawsuits for unpaid rent and real estate taxes across its Los Angeles and Manhattan outposts, with debts totaling over $180,000. Beyond real estate disputes, the gallery has been dogged by allegations of financial instability and delinquent payments to artists, including a 2019 lawsuit from artist Dan Lam regarding unpaid sales and damaged works.

From Mallorca to St. Moritz, Art Fairs Are Meeting Collectors Where They Vacation

A new wave of high-end art fairs is targeting luxury vacation destinations like St. Moritz, Mallorca, and the Hamptons, moving beyond traditional market hubs. These events, such as the inaugural St. Moritz Art Week and Art on the Island in Mallorca, are strategically timed for the summer and winter holiday seasons to directly engage wealthy collectors during their leisure time.