Art News. Vasari Codex

trending_up market schedule Mar 4, 2026 visibility 36 link 32 artists, 23 galleries

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.

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trending_up market schedule Dec 15, 2025 visibility 50 link 34 artists, 8 galleries

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.

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trending_up market schedule May 8, 2025 visibility 33 link 25 artists, 4 galleries

3 million jeff koons hulk sells on buoyant first day at frieze new york

At the VIP opening of Frieze New York on Wednesday, dealers reported strong sales despite economic uncertainty from Trump administration policies and trade war threats. The fair, recently sold to Hollywood powerhouse Ari Emanuel, returned to the Shed in Hudson Yards with 67 exhibitors. Gagosian Gallery generated the most buzz, selling one of three Jeff Koons Incredible Hulk sculptures—polychromed steel works priced around $3 million each—and placing a hold on another. Other notable sales included works by Tuan Andrew Nguyen, Tomie Ohtake, Sheila Hicks, Liza Lou, and Gertrude Abercrombie, with galleries like James Cohan, Galeria Nara Roesler, Thaddaeus Ropac, Karma, and Hauser & Wirth reporting brisk business.

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trending_up market schedule Mar 2, 2026 visibility 39 link 22 artists, 8 galleries

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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.

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trending_up market schedule May 15, 2026 visibility 24 link 58 artists, 22 galleries

New York Is About to Sell $3 Billion in Art. Who’s Buying?

Vanity Fair's Nate Freeman reports on New York's spring art season, where auction houses are poised to sell at least $2.6 billion in art alongside major museum exhibitions (Raphael at the Met, Duchamp at MoMA, Matisse at Acquavella) and the opening of Frieze New York at The Shed. The article follows the social and commercial frenzy, highlighting a David Shrigley gong installation at Anton Kern Gallery's booth and the enduring dominance of New York, where nearly 90% of U.S. art sales occur.

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trending_up market schedule Dec 31, 2025 visibility 19 link 2 artists, 4 galleries

Art market 2026 predictions: underwhelming rebound and another Frieze fair

The article presents five predictions for the art market in 2026, following a relatively improved but still cautious end to 2025. Key forecasts include a subdued market rebound, a shift toward smaller and cheaper artworks, the continued expansion of Frieze fairs (possibly into India), a consolidating Art Basel, and a resurgence of London's art-world clout. The predictions are informed by trends such as declining demand for art as investment, gallery closures and geographic pruning, and the thematic direction of the 2026 Venice Biennale, curated by the late Koyo Kouoh under the title "In Minor Keys."

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trending_up market schedule May 8, 2025 visibility 38 link 97 artists, 19 galleries

Frieze and NADA New York’s Early Sales Signal Buyer Confidence

Frieze New York opened its VIP preview on May 7, with early sales indicating cautious but steady buyer confidence amid economic uncertainty and the recent acquisition of the fair by Endeavor's former CEO Ari Emanuel. American buyers dominated, while Asian and European collectors were largely absent. Mega-galleries like Gagosian and Pace reported significant sales, including Jeff Koons's Hulk Elvis sculptures and works by Adam Pendleton and Lynda Benglis, though the atmosphere was more subdued and negotiation-friendly than in previous years.

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trending_up market schedule May 6, 2025 visibility 32 link 23 artists, 13 galleries

Frieze New York shows signs of stability in challenging US art market

Frieze New York (7-11 May) opens its 13th edition at The Shed with around 65 galleries, including mega-galleries Gagosian, David Zwirner, Hauser & Wirth, Pace, and White Cube. The fair arrives amid a turbulent art market: global art sales declined 12% in 2024 per Clare McAndrew's Art Market Report, and President Trump's tariff decisions have roiled the stock market. Frieze's owner Endeavor recently sold the fair to a new company founded by former CEO Ari Emanuel. Despite this, US fair director Christine Messineo expresses optimism, citing strong sales at Frieze Los Angeles in February. The Focus section features 12 emerging galleries, seven of which are first-time participants, including King's Leap, Management, Voloshyn Gallery (Kyiv), and Public Gallery (London).

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trending_up market schedule Mar 2, 2026 visibility 18 link 7 artists, 2 galleries

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.

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trending_up market schedule Oct 10, 2025 visibility 21 link 3 artists

frieze abu dhabi fair announced

Frieze, the London-based art fair organizer, announced it will launch Frieze Abu Dhabi in November 2026, partnering with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi). The new fair will replace the existing Abu Dhabi Art fair, which has run since 2007, and will take place at Manarat Al Saadiyat in the Saadiyat Cultural District. The announcement follows Frieze's recent acquisition by Mari, a company founded by Ari Emanuel, and comes amid a wave of international art fair expansions in the Gulf region, including Art Basel's new fair in Doha.

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trending_up market schedule Feb 27, 2026 visibility 39 link 51 artists, 22 galleries

‘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.

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trending_up market schedule Dec 18, 2025 visibility 40 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 May 1, 2025 visibility 20 link 7 artists

frieze sells to hollywood kingpin ari emanuel in 200 million deal

Frieze, the art fair and media company, has been sold to Ari Emanuel, the former CEO of Endeavor, in a deal valued at around $200 million. The acquisition, reported by the Financial Times, covers Frieze's seven global fairs, its magazine, and its London exhibition space, No. 9 Cork Street. Emanuel, who stepped down as Endeavor CEO in March following the $25 billion acquisition of the conglomerate by Silver Lake, will own Frieze through a new company backed by a consortium of investors. Simon Fox will remain CEO, and the deal is expected to close in the third quarter of 2025.

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trending_up market schedule May 3, 2025 visibility 22 link 8 artists

how much should an art fair cost

Frieze, the international art fair group, has been sold to Ari Emanuel, the Hollywood power broker who previously owned it through Endeavor. Emanuel acquired Frieze via a new, unnamed company from his former entertainment conglomerate, which was recently taken private by Silver Lake. The deal, valued at approximately $200 million according to sources, includes all seven fairs, Frieze magazine, and the No. 9 Cork Street exhibition space. Simon Fox will remain CEO. The sale comes just days before Frieze New York’s 2025 edition and follows months of speculation about the fair's future ownership.

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trending_up market schedule Sep 19, 2025 visibility 13 link 4 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 Oct 10, 2025 visibility 24 link 2 artists, 2 galleries

Frieze to launch Abu Dhabi edition in November 2026

Frieze has announced it will launch an Abu Dhabi edition in November 2026, marking its first fair in the Middle East and its eighth global event. The fair will take over the existing Abu Dhabi Art fair through a partnership with the Abu Dhabi Department of Culture and Tourism (DCT), and will be held at Manarat Al Saadiyat in the Saadiyat Cultural District. Dyala Nusseibeh will remain as director. The announcement comes as Frieze's rival Art Basel prepares to launch its own Middle East fair in Doha, Qatar, in February 2025, and follows the recent acquisition of Frieze by Hollywood tycoon Ari Emanuel via his holding company Mari, which has financial ties to Abu Dhabi-based investors.

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trending_up market schedule Oct 8, 2025 visibility 24 link 2 artists

frieze acquisition finalized mari ari emanuel

Ariel Emanuel, through his newly formed company Mari, has finalized the acquisition of Frieze, which includes its magazine, seven art fairs worldwide, and two exhibition spaces. The deal also encompasses tennis events like the Miami Open and Madrid Open, along with a majority stake in the collector car auction house Barrett-Jackson. The acquisition was first announced in May and reportedly valued at $200 million, with financial backing from investors including Apollo, RedBird Capital Partners, and the Qatar Investment Authority. Mari will be led by Emanuel and Mark Shapiro, with Simon Fox remaining as CEO of Frieze.

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trending_up market schedule May 7, 2025 visibility 12

art market minute may 5

The article reports that at the 100-day mark of Trump's second presidency, his economic policies—particularly tariffs—are disrupting the art world. While artworks remain exempt, antiques and design objects are not, causing concern for dealers, including those preparing for Tefaf New York. Changes to de minimis rules have lowered the customs processing threshold from $2,500 to $800, triggering widespread shipping delays. Additionally, Frieze has been sold to Hollywood powerbroker Ari Emanuel, and auction veteran Alex Rotter has been tapped as Christie's new global president.

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trending_up market schedule May 1, 2025 visibility 18 link 1 artist

frieze sale ari emanuel

Endeavor Group Holdings has sold Frieze, the company behind the influential art magazine and several international art fairs, to a new company formed by former Endeavor CEO Ari Emanuel. The deal, valued at nearly $200 million, is expected to close by the third quarter of this year. Frieze's current leadership, including CEO Simon Fox, will remain in place. The sale follows Endeavor's full privatization by Silver Lake and marks the end of a long-rumored ownership transition. Notably, two tennis tournaments initially bundled in the negotiations—Miami Open and Madrid Open—are not included in this deal.

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trending_up market schedule May 1, 2025 visibility 18 link 1 artist, 1 gallery

Ari Emanuel to buy Frieze from Endeavor

Endeavor has announced the sale of Frieze, the leading art fair and media brand, to a new company founded by Ari Emanuel, Endeavor's former chief executive. The deal, reportedly valued at nearly $200 million, includes all seven Frieze art fairs, the magazine Frieze, and its gallery sharing initiative No.9 Cork Street in London. Emanuel, who co-founded Endeavor, created an as-yet-unnamed global events company backed by investors including Apollo Global Management and Redbird Capital Partners. The acquisition is expected to close in the third quarter of 2025, and Frieze's leadership, including CEO Simon Fox, will remain in place.

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