Dealers at TEFAF Maastricht Report Robust Sales, Offering Works Ranging from Two Inches to Room-Size

Dealers at TEFAF Maastricht Report Robust Sales, Offering Works Ranging from Two Inches to Room-Size

Dealers at the TEFAF Maastricht art fair reported strong sales, defying concerns over global unrest and geopolitical tensions that limited some collectors' travel. The fair, featuring 277 dealers from 24 countries, saw a high caliber of international collectors engaging with works ranging from monumental 18th-century sculptures to minuscule, intricately detailed pieces. First-time exhibitors and veterans alike expressed satisfaction, with one rare books dealer calling it his best year in three decades of participation.

morgan stanley intelligence report triumph contemporary

Morgan Stanley and Artnet have released an Intelligence Report analyzing the explosive growth of the ultra-contemporary art market—defined as work by artists born after 1974. Auction sales in this category surged 305% from 2019 to 2021, reaching $742.2 million last year, driven by strong demand in the U.S. and China. The report breaks down sales by region, price band, and leading artists, highlighting how galleries, fairs, museums, and collectors are capitalizing on this trend.

$2.2 million El Anatsui work leads Frieze New York 2026 sales.

Frieze New York 2026 opened its 15th edition at The Shed in Manhattan on May 13th with a VIP preview, drawing collectors, museum directors, artists, and celebrities like Leonardo DiCaprio, Julia Fox, and Sharon Stone. The fair features 68 galleries from 25 countries and runs through May 17th, with a $2.2 million work by El Anatsui leading reported sales.

Works from Marian Goodman’s Collection to Anchor Christie’s May Sales

Christie’s has announced that it will auction works from the personal collection of the late legendary dealer Marian Goodman during its May marquee sales in New York. The collection is headlined by seven paintings by Gerhard Richter, including the iconic 1982 work *Kerze (Candle)*, which carries an estimate of $35 million to $50 million. The total group of works from Goodman’s Manhattan home is expected to realize approximately $65 million.

Paris Dealer Kamel Mennour Buys Galerie Malingue, Founded Over Five Decades Ago

Parisian art dealer Kamel Mennour has acquired the historic Galerie Malingue, taking over its prestigious 4,300-square-foot showroom on Avenue Matignon. The purchase represents a generational shift, with the younger dealer assuming control of a space founded over fifty years ago by Daniel Malingue, known for its focus on Impressionist, Surrealist, and modern masters.

Frieze New York 2026 Reports Major Sales and Acquisitions

Frieze New York 2026 closed its 15th edition at The Shed on May 17, drawing 25,000 visitors from 75 countries and featuring 68 galleries from 26 countries. The fair reported strong sales across market levels, including seven-figure transactions such as El Anatsui's *LuwVor I* sold by White Cube for $2.2 million and Georg Baselitz's *Stunde der Nachtigall* sold by Thaddaeus Ropac for €1.4 million. The inaugural Sherman Family Foundation Acquisition Fund enabled acquisitions by the Brooklyn Museum and the Baltimore Museum of Art, with works by Bettina, Reika Takebayashi, Seba Calfuqueo, and Joanne Burke. Several galleries, including Johyun Gallery and James Cohan, reported sold-out or near-sell-out booths.

New York Art Week 2026 Frieze And TEFAF Report

New York Art Week 2026 featured major art fairs including Frieze New York at The Shed, which drew 25,000 visitors from 75 countries and launched the Sherman Family Foundation Acquisition Fund, placing works by four artists into the Brooklyn Museum and Baltimore Museum of Art. TEFAF New York at the Park Avenue Armory presented over 90 international galleries across historic period rooms, while satellite fairs Independent, NADA New York, and 1-54 Contemporary African Art Fair offered focused alternatives. Auction houses Sotheby's, Christie's, and Phillips opened free spring sale previews featuring highlights such as Roy Lichtenstein's 'Anxious Girl' and the Lewis Collection.

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.

Strong sales and digital art buzz mark Art Basel Miami Beach opening

Art Basel Miami Beach opened with a VIP preview that saw strong sales across price points, from blue-chip acquisitions to mid-range works. David Zwirner led with a Gerhard Richter painting for $5.5 million, while Hauser & Wirth sold a George Condo for $4 million. The debut of Zero 10, a platform for digital art, sold out its presentation. Other notable sales included works by Alice Neel, Josef Albers, Louise Bourgeois, and Andreas Gursky, with galleries like Pace, White Cube, and Gladstone also reporting significant transactions.

Mon oncle d’Amérique

Art Basel Paris officially opened on October 22, 2024, with a new VIP tier called 'Avant-Première' granting early access to favored collectors. The fair saw a shift in mood from socializing to business-focused transactions, with multimillion-dollar works on offer, including a Gerhard Richter painting reportedly sold for over $20 million by Hauser & Wirth. Pre-fair events included dinners hosted by Marian Goodman for artist Paul Sietsema, gallery openings at Salon 94's new Palais-Royal space, and a VIP evening at the Musée d'Orsay for a Bridget Riley exhibition. American galleries and collectors dominated the week's parties, with events by David Zwirner, Gladstone, and others.

Art Basel’s Soft Opening Belies Strong, Swift Sales Across Tiers

Art Basel's 2025 edition opened with a soft atmosphere that belied strong and swift sales across all price tiers. Major galleries reported significant transactions: David Zwirner sold 68 works including a $9.5 million Ruth Asawa sculpture and a $6.8 million Gerhard Richter painting; Gladstone placed a $3.5 million Keith Haring piece; and Thaddaeus Ropac sold a €1.8 million Georg Baselitz and a $1.8 million James Rosenquist painting to a European institution. White Cube, Hauser & Wirth, and Tina Kim Gallery also reported robust sales, with works by artists such as Dana Schutz, Marlene Dumas, Yayoi Kusama, and Ha Chong-Hyun moving quickly. However, mid-tier galleries like Marianne Boesky Gallery noted more cautious, eye-driven buying rather than the frenzied chasing of past years.

‘To this day, I can’t get it out of my mind’: Tobias van Gils on missing out on Maurizio Cattelan's orchid

Tobias van Gils, founder of the Zurich-based investment firm MLT Capital, discusses his art collection in an interview with The Art Newspaper. He shares his early collecting journey, recent acquisitions like a large mountainscape by Harold Ancart, and his regret over missing out on Maurizio Cattelan's blue orchid work "Meat" (2024). Van Gils also mentions launching the MLT Art Foundation with his wife to house their collection and support art programming focused on children. He offers personal insights on his decision-making process, favorite artworks, and tips for navigating Art Basel.

Gladstone Gallery to Relocate in Seoul, Doubling Exhibition Space

Gladstone Gallery is relocating its Seoul location to the Hannam-dong neighborhood later this year, doubling its exhibition space. Designed by architect Minsuk Cho of Mass Studies, the new outpost will occupy two floors of the 739-28 Hannam Building, across from Pace Gallery and near the Leeum Museum of Art. The space is set to open in late summer ahead of Frieze Seoul in September, with a solo exhibition by Ed Atkins—his first in the city—inaugurating the gallery. Gladstone first opened in Seoul's Gangnam district in 2022, joining a wave of Western galleries entering the Korean market.

sothebys modern sales by the numbers

Sotheby's three-part modern art evening auction in New York on Thursday night achieved a total of $304.6 million, a dramatic increase from the $93.1 million equivalent sale last year. The sale featured 69 lots, with three withdrawn and none bought in, resulting in a 95% sell-through rate. Top lots included Vincent van Gogh's still life "Piles de romans parisiens et roses dans une verre" (1887), which sold for $62.7 million with premium to private advisor Patti Wong, and a work by Frida Kahlo. Third-party guarantees covered 55% of the presale low estimate, but bidding remained competitive throughout.

The Asian Market Carries Art Basel Hong Kong

Le marché asiatique porte Art Basel Hong Kong

Art Basel Hong Kong 2026 concluded with strong attendance and significant sales, demonstrating the fair's central role in the Asian art market. The event attracted over 91,000 visitors and featured 240 galleries, with a strong presence from the Asia-Pacific region, Europe, and the United States. Major international galleries like Gagosian, Hauser & Wirth, and David Zwirner reported multimillion-dollar sales of works by artists such as Louise Bourgeois, Liu Ye, and Marlene Dumas, alongside notable transactions for works by Tracey Emin and Antony Gormley.

young dealers old masters art market

A new generation of young gallerists is revitalizing the art market by specializing in historical art forms—from ancient jewelry and Old Master drawings to Art Deco and overlooked women Impressionists. The article profiles seven dealers who launched their businesses between ages 22 and 41, with half based in London. Notable figures include Pauline Pavec and Quentin Derouet (co-founders of Pavec, focusing on 19th- and 20th-century women artists), Baron Lorne Thyssen-Bornemisza (Kallos Fine Jewellery, ancient jewelry), and Maxime Flatry (20th-century art and design). Two of the dealers will exhibit at Frieze Masters this October, directed by Emanuela Tarizzo, who emphasizes that collectors and institutions increasingly seek cross-century narratives.

sothebys to sell highlights of gallerist barbara gladstones collection

Sotheby's has been selected by the trustees of Barbara Gladstone's estate to auction twelve major works from the legendary gallerist's personal collection. The single-owner sale, estimated at over $12 million, will take place on May 15 as part of the New York marquee sales. Highlights include Richard Prince's "Man Crazy Nurse" (2003, est. $4–6 million), Andy Warhol's black "Flowers" (1964, est. $1–1.5 million), and works by Mike Kelley, Rudolf Stingel, Carroll Dunham, Elizabeth Peyton, and Alighiero e Boetti. None of the artists are currently affiliated with Gladstone Gallery, though some were previously represented by her.

‘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.

by the numbers christies 20th century sale totals modest 217 million

Christie’s held a doubleheader evening sale on May 12, 2025, featuring its regular 20th-century art auction and the Riggio collection. The various-owners sale achieved $216.9 million in total sales after fees, a 52% decline from the $413 million equivalent sale the previous year. The top lot was Claude Monet’s *Peupliers au bord de l’Epte, crépuscule* (1891), which sold for $42.9 million with fees. The sale had a 94% sell-through rate, with 34 of 36 lots sold and none bought in. Notable moments included a new auction record for Dorothea Tanning at $2.3 million and a strong result for Remedios Varo’s *Revelación* (1955) at $6.22 million.

Renowned Gallery Air de Paris Bankrupted, Closing This Week

Air de Paris, the Paris gallery known for its punk ethos and commitment to cutting-edge Conceptual art, will close this week after 36 years and more than 400 exhibitions, amid bankruptcy proceedings. Founded in Nice in 1990 by Florence Bonnefous and Edouard Merino, the gallery was named after Marcel Duchamp’s 50cc of Paris Air and became legendary for its inaugural show, “Les Ateliers du Paradise,” which featured artists living in the gallery and later influenced critic Nicolas Bourriaud’s theory of relational aesthetics. The gallery moved to Paris in 1994 and later to Romainville in 2019, showing artists such as Paul McCarthy, Raymond Pettibon, Liam Gillick, Pierre Huyghe, and Dorothy Iannone.

Leading French Gallery Air de Paris Is Declaring Bankruptcy and Closing After 36 Years

Air de Paris, a leading French gallery, is declaring bankruptcy and closing after 36 years, as announced by cofounders Florence Bonnefous and Edouard Merino to Cultured. The gallery owes money only to its landlord and bank, not to its artists. The closure is attributed to fragile finances and health issues, including Bonnefous's Chronic Obstructive Pulmonary Disease. The gallery's farewell exhibition, “Oh What a Time,” featured artists such as Trisha Donnelly, Joseph Grigely, Pati Hill, Pierre Joseph, Allen Ruppersberg, Lily van der Stokker, Mona Varichon, and Amy Vogel. Bonnefous will continue to manage the estates of Guy de Cointet, Pati Hill, Dorothy Iannone, Bruno Pelassy, and Sarah Pucci, and work as a curator.