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art world los angeles report

Frieze Los Angeles 2026 opened amid concerns over the city's cooling art market, following a wave of gallery closures and a shift toward nomadic dealer models. Despite the economic downturn and the lingering shadow of previous regional fires, the fair week saw a resurgence of energy with 32,000 attendees and significant blue-chip sales, including a $3.75 million Ed Ruscha at Gagosian and a $2.8 million Njideka Akunyili Crosby at David Zwirner. The week was characterized by a mix of high-end commerce at the Santa Monica Airport and grassroots vitality at satellite events like Felix and the newly launched Post-Fair.

fog design and art fair 2024

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.

at miami basel dealers notch seven figure sales digital art draws crowds

Art Basel Miami Beach opened its VIP preview on Wednesday with strong early sales, including multiple seven-figure deals. Major galleries like Hauser & Wirth, White Cube, Gladstone, and Pace reported significant sales, with a $3.9 million George Condo painting leading the pack. The fair introduced a new digital-art section called Zero 10, featuring works by Beeple, which drew large crowds. Collectors such as Craig Robins, Mera and Don Rubell, Norman Braman, and Beth Rudin DeWoody were among the early attendees, and the event featured high-profile works by Jeff Koons and Maurizio Cattelan.

paint drippings art industry news mar 3 2

Frieze Los Angeles launched with significant early momentum as Endeavor CEO Ari Emanuel acquired three quilts by artist Yvonne Wells from Fort Gansevoort before VIP hours officially began. The fair's opening day saw robust activity, including the $3.7 million sale of an Ed Ruscha painting, while major galleries like Pace Prints and Opera Gallery announced strategic expansions into Los Angeles and Houston respectively.

paint drippings art industry news dec 8

This week's art industry roundup covers major sales and developments across art fairs, auction houses, and galleries. At Art Basel Miami Beach, strong sales were reported, including an $18 million Warhol at Lévy Gorvy Dayan's booth, while NADA Miami featured around 140 exhibitors. The Art Dealers Association of America announced a new ADAA Fair at the Park Avenue Armory for November 2025, and Design Miami will expand to Dubai in 2027 with Alserkal. In auctions, Fabergé's 'Winter Egg' sold for $30.2 million at Christie's London, becoming the most expensive Fabergé egg ever auctioned, and Rembrandt's etching 'Arnout Tholinx, Inspector' set a world record for an Old Master print at $4.1 million. A rare 15th-century triptych also sold at Sotheby's for $7.6 million. Gallery news includes the formation of Pace Di Donna Schrader Galleries, Hauser and Wirth's acquisition of a Palermo palazzo, and several artist representation changes.

‘Christmas came early’: Art Basel Miami Beach opens with avalanche of blue-chip sales

Art Basel Miami Beach opened its 23rd edition with a surge of blue-chip sales, signaling renewed market confidence. Major galleries reported strong early results: David Zwirner sold a Gerhard Richter painting for $5.5m and an Alice Neel for $3.3m; Hauser & Wirth saw sales 40% higher than last year, including a George Condo for nearly $4m and a Louise Bourgeois for $3.2m. Other notable sales included works by Alex Katz, Pablo Picasso, Sam Gilliam, and Robert Rauschenberg, with 283 galleries participating at the Miami Beach Convention Center.

Artists Sell More Than $1 M. in Art at Sotheby’s in Support of a Debt-Free Yale MFA Program

A group of artists including Mickalene Thomas, Tammy Nguyen, and Richard Prince are donating works to a Sotheby’s contemporary art day sale next month, with proceeds expected to exceed $1 million. All funds will go toward making Yale University’s MFA art program tuition-free. The sale features works by Yale alumni both historical—Walker Evans, Josef Albers—and contemporary, such as Dominic Chambers and Do Ho Suh, whose $200,000–$300,000 piece is among the lots. The highest-estimated work is a Richard Prince photograph from his “Spiritual America” series, valued at $500,000–$700,000.

ari emanuel frieze la sales

Billionaire Ari Emanuel, whose company Endeavor recently acquired the Frieze art fairs, kicked off the VIP opening of Frieze Los Angeles by acquiring three works by 86-year-old Black quiltmaker Yvonne Wells. Emanuel entered the Santa Monica Airport venue ahead of the general VIP crowd, purchasing textile portraits of Michael Jackson, Marilyn Monroe, and Elvis Presley from New York gallery Fort Gansevoort. The transaction, facilitated by Emanuel's long-time advisor Jeffrey Deitch, set a high-energy tone for an opening day that saw brisk sales, including a $3.75 million Ed Ruscha painting at Gagosian.

‘Better every year’: Frieze opens to swift sales for Los Angeles artists

Frieze Los Angeles opened its 2026 edition at the Santa Monica Airport with a strong showing of community spirit and rapid sales during the VIP preview. Following a difficult year marked by local wildfires, the fair has seen a surge in institutional acquisitions and commercial success for both emerging local talent and established international figures. Notable early transactions included a $2.8 million sale of a Njideka Akunyili Crosby work by David Zwirner and a complete sell-out of Erica Mahinay’s paintings at Make Room gallery.

Karma gallery debuts representation of Yvonne Jacquette in Miami

Karma gallery has taken over representation of the estate of Yvonne Jacquette (1934-2023), the American painter known for her aerial nighttime cityscapes and unconventional perspectives. The gallery, with locations in New York, Los Angeles, and Maine, is already showing Jacquette's work in a Manhattan group exhibition and at Art Basel Miami Beach, with a solo show planned for 2026 at its Chelsea space. The decision follows nearly three decades of representation by DC Moore Gallery.

Christie’s Paris Sells $64 Million Worth of 20th- and 21st-Century Art at Auction

Christie’s Paris held a series of auctions focused on 20th- and 21st-century art, achieving over $64 million in total sales with a 92% sell-through rate. The sales included works from the Lise and Roland Funck-Brentano Collection and the Henri Canonne Collection, and featured Impressionist, Modern, and Contemporary art. Three world records and one national record were set, including a wooden relief by Sophie Taeuber-Arp that sold for $3.4 million and Jane Avril au Divan Japonais by Henri de Toulouse-Lautrec, which fetched over $6 million and set a national auction record for the artist. The evening sale alone brought in over $34 million, and the Contemporary Art sale exceeded its high estimate at over $9.4 million.

parties art artwalk sheree hovsepian auction gala

The Artwalk NY gala and auction raised over $8 million on Tuesday, November 19, 2025, to support the Coalition for the Homeless. Presented by Max Mara, the event at the Grill and the Pool in the Seagram Building featured a live auction of artist-designed plates from the Artist Plate Project, along with works by Sheree Hovsepian and Ed Ruscha. Honorees included artist Sheree Hovsepian and Artist Plate Project Founder Michelle Hellman, with remarks from Coalition Executive Director Dave Giffen and a DJ set by AKU. The evening drew a crowd of artists, collectors, and philanthropists, including Rashid Johnson, Joel Mesler, Thelma Golden, and Don Lemon.