Frieze New York Kicks Off with Seven-Figure Sales and High Energy: ‘It’s a Fiesta’

Frieze New York kicked off its preview day at the Shed in Manhattan with strong sales and high energy, as many attendees arrived fresh from the Venice Biennale. Galleries reported brisk presales and early placements, with White Cube selling major works by El Anatsui and Antony Gormley for seven-figure sums, and other dealers like James Cohan Gallery nearly selling out their booths. Collectors, advisors, and celebrities including Anderson Cooper, Michael Stipe, and Leonardo DiCaprio were spotted, while the Brooklyn Museum made acquisitions through the new Sherman Family Foundation Acquisition Fund.

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.

kenny schachter new york fair auction recap

Kenny Schachter's article for Artnet News draws a parallel between President Jimmy Carter's 1977 energy-crisis plea to lower thermostats and the current art-market response to Trump-era tariff turmoil. He reports that the spring 2025 auction cycle generated $1.25 billion, continuing a decade-long decline from the 2014 peak, with bidders spending less and big-ticket sellers stuck. Schachter also promotes his own no-reserve auction, "Hoarder #6," scheduled for July 8–17 at Phillips, and critiques Trump's economic policies and crypto ventures, name-dropping Justin Sun as a major holder of $Trump tokens.

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.

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.

Eyes Wide Open! Kenny Schachter Dishes on Delinquent Dealers, Secret Deals, and That Other ‘Salvator Mundi’

Kenny Schachter offers a sardonic, first-person account of the spring 2025 art season in New York, weaving together observations from auctions, art fairs, and gallery openings. He notes brisk business at Sotheby's and Phillips, citing specific sales like James Ensor's tiny "Still life with Stingray" ($140,800) and Georgia O'Keeffe's double-sided "Maple Leaves and Flowering Cactus" ($1.68 million). Schachter also recounts his experience at Larry Gagosian's new Madison Avenue gallery, where security guards outnumbered the artworks, and reflects on the broader economic climate, including a tax lawyer moonlighting as a 3-D printer for his own sculpture project. He contrasts the wealthiest collectors—one driving a Lamborghini but staying at a Holiday Inn Express—with dealers wearing grim faces at TEFAF, painting a picture of a bifurcated art economy.

Cai Guo-Qiang joins White Cube

White Cube now represents Cai Guo-Qiang, making the British gallery the first to represent the Chinese-born, New York-based artist known for his gunpowder paintings. The announcement coincides with White Cube’s solo presentation of Cai’s ongoing gunpowder painting series featuring birds at Tefaf New York (14-19 May). Cai had a solo show at White Cube’s Bermondsey space last autumn, titled *Gunpowder and Abstraction 2015-2016*, his first London presentation since his large-scale project at Tate Modern in 2003.

ifpda print fair 2023

The 30th edition of the International Fine Print Dealers Association (IFPDA) Print Fair concluded at New York’s Javits Center, featuring 77 international exhibitors. The fair showcased a vast chronological range of works, from $2 million Edvard Munch prints to contemporary editions priced at $200, attracting a diverse crowd of collectors and institutional buyers.

Van Gogh goes to China, with a more affordable early painting

Christie's is auctioning Vincent van Gogh's early painting 'A Girl in a Wood' in Hong Kong on March 27, with an estimate of $1.3m-$2.6m. The work, recently redated to August 1883, is being offered directly in Asia, bypassing major Western previews, to target Chinese collectors.

painting female old master artemisia gentileschi sells 2 million

Artemisia Gentileschi's 17th-century painting 'Lucretia' sold for €1.88 million ($2 million) at Dorotheum's Old Master sale in Vienna, more than double its high estimate. The work, previously unseen in public, was acquired by an Australian collection, continuing a trend of strong auction results for the Baroque artist.

art shipping problems investigation

The article investigates the rising cost of art shipping, which has become a major issue for the art industry since the Covid-19 pandemic. Industry figures including Fritz Dietl of Dietl logistics, Belgian collector Alain Servais, art advisor Michaela Neumeister de Pury, New York collector Jonathan Travis, dealer Jack Shainman, and OCS Art Services owner Nicole Scuderi describe shipping as a 'necessary evil' and a 'major stumbling block' that affects galleries, collectors, fairs, auction houses, and museums. Costs surged during Covid due to inflation in labor, materials, and insurance, and have not come down, while complications from Brexit, U.S. trade policies, and New York State tax laws have added further layers of expense and confusion.

nada new york independent art fairs sales report

Two major New York art fairs—NADA New York and Independent—opened this week alongside Frieze and TEFAF, marking a crowded spring fair season. Despite a recent market downturn, both fairs reported strong attendance and early sales. NADA's executive director Heather Hubbs noted high-quality visitors and positive feedback on the new venue, while Independent founder Elizabeth Dee cited a 20% increase in opening-day attendance and robust buying from collectors and institutions. Sales ranged from lower-priced works under $50,000 to six-figure transactions, with galleries like Vielmetter Los Angeles, Andréhn-Schiptjenko, and Fleisher/Ollman Gallery reporting significant sales.

tefaf new york 2025 sales report

TEFAF New York 2025 opened with 91 exhibitors, featuring a mix of blue-chip and emerging artists. Galleries reported sales including a €250,000 relief by Anne Imhof at Sprüth Magers, a $500,000 Sean Scully painting at Lisson Gallery, and multiple Ruth Asawa works at David Zwirner ranging from $50,000 to $2.8 million. Thaddaeus Ropac sold works by Daniel Richter for €840,000. The fair aims to attract younger buyers while maintaining its prestige, with fewer objects priced above $10 million than in previous years.

egon schiele artworks recently restituted head to christies

Seven works on paper by Egon Schiele have been restituted to the heirs of Fritz Grünbaum, a Jewish cabaret performer killed at Dachau concentration camp in 1941 after being forced to surrender his art collection to the Nazis. Six of these pieces will be auctioned at Christie’s New York in November 2024, with three watercolor portraits—including *Stehende Frau (Dirne)* (1912), *Selbstbildnis* (1910), and *Ich liebe Gegensätze* (1912)—headlining the 20th Century Evening Sale on November 9, and three more offered in the Impressionist and Modern Works on Paper Sale on November 11. Estimates range from $150,000 to $2.5 million per work, and proceeds will be split among Grünbaum’s heirs, who plan to fund a scholarship program for young musicians.

state of the art market old masters and neo old masters

Artnet News, in collaboration with Morgan Stanley, analyzed auction data from the Artnet Price Database to assess the state of the European Old Master market since 2018. The investigation explores how efforts to contemporize Old Masters—through juxtapositions at art fairs like TEFAF and Masterpiece London, and gallery shows such as David Zwirner's 'Endless Enigma'—have correlated with market trends for Contemporary and Ultra-Contemporary artists whose work is visibly influenced by classical European art. The report also examines the impact of living artists inspired by Old Masters, suggesting that restricting analysis to historical works alone may underestimate their ongoing influence on the art market.

Tefaf New York wishlist: a Tiffany window and an Egyptian goddess with a nose job

The article highlights three standout artworks being offered at Tefaf New York. A Tiffany Studios stained-glass window, "Birches and Irises" (around 1915), designed by Agnes Northrop, is priced at $1.25 million through Macklowe Gallery. An Egyptian goddess bust from 570-526 BC, rediscovered at a regional auction in England and later authenticated after scientific study, is offered for £1.5 million by David Aaron. A painting by Cecily Brown, "Functor Hideaway" (2008), is listed at $3.9 million by Berggruen Gallery, coinciding with her current exhibition at London's Serpentine Gallery.

The Art Market Returns to Growth

Confidence in the art market is rising, with a significant increase in dealers expecting sales growth in 2026 according to the latest Art Basel and UBS Global Art Market Report. The report, authored by economist Clare McAndrew, notes that 43% of dealers anticipate improvement, a 10-point jump from the previous year, though recovery remains uneven due to high costs and trade barriers.

d lan galleries tefaf maastricht

D Lan Galleries is returning to TEFAF Maastricht in 2026 following a landmark debut that generated nearly $1.4 million in sales. The Melbourne and New York-based gallery will showcase 13 masterworks by prominent First Nations Australian artists, including Emily Kam Kngwarray, Sally Gabori, Johnny Warangkula Tjupurrula, and Gordon Bennett. The presentation spans works from the 1970s to the present, highlighting the evolution of Indigenous Australian art on the global stage.

why bailly gallery is betting big on paris

Bailly Gallery, a Geneva-based gallery founded in 2007 by Charly and Hanna Bailly with family roots in the art business since 1977, is expanding its presence in Paris by opening a full public gallery space after operating a private showroom there for several years. The new location, which took five years to find, includes both a public exhibition area and two private showrooms designed like apartments, allowing collectors to view works in a domestic setting. The gallery is known for its expertise in Impressionist, Modern, and Postwar art and design.

rebecca salsbury james

Rebecca Salsbury James, an artist who mastered reverse painting on glass and colcha embroidery, is gaining renewed attention. Born in 1891 in London to parents involved in the Buffalo Bill Wild West Show, she later moved to Taos, New Mexico, where she lived until her death in 1968. She was married to photographer Paul Strand, a close friend of Georgia O'Keeffe, and exhibited at Alfred Stieglitz's gallery. Recent milestones include her inclusion in the 2025 Site Santa Fe International, a new acquisition by the Georgia O'Keeffe Museum, and a record auction price for her work at Christie's in 2016.

paris galerie 1900 2000 closed new york branch

Galerie 1900-2000, a Parisian gallery specializing in Dada and Surrealism, has closed its New York branch on Madison Avenue, which opened in February 2023 as a joint venture with Galerie Georges-Philippe & Nathalie Vallois. The Manhattan outpost's last exhibition ended in September, with principal David Fleiss citing a slow market during difficult global times as the reason for the closure, though he did not rule out a future return to New York.

Van Gogh Museum Acquires Only Third Painting by a Female Artist at TEFAF

Van Gogh Museum Acquires Only Third Painting by a Female Artist at TEFAF

The Van Gogh Museum in Amsterdam has acquired Virginie Demont-Breton's 1887-88 painting *L'homme est en mer* at the TEFAF Maastricht fair. The work, depicting a woman and child awaiting a sailor's return, becomes only the third painting by a female artist in the museum's collection and was purchased for a sum between $543,000 and $1.1 million.

tefaf fair maastricht edition undaunted global unrest 2026

The 2025 edition of TEFAF Maastricht has opened with 277 dealers from 24 countries, showcasing 7,000 years of art history despite significant geopolitical instability in the Middle East. While the fair remains a premier destination for Old Masters and high-end antiques, exhibitors are navigating logistical hurdles caused by regional conflicts and airport closures in major transit hubs like Dubai.

artemisia gentileschi record nga acquisition

A self-portrait by Artemisia Gentileschi sold for $5.69 million at Christie’s New York, setting a new auction record for the artist. The painting, *Self-Portrait as Saint Catherine of Alexandria*, is one of only five self-portraits by Gentileschi and is believed to be the earliest, painted when she was around 20 years old in Florence. It far exceeded its presale estimate of $2.5–$3.5 million. On the same day, the National Gallery of Art in Washington, D.C., announced its acquisition of another Gentileschi work, *Mary Magdalene in Ecstasy* (circa 1625), funded by a gift from Nina J. Cohen and the Patrons’ Permanent Fund.

new york frieze auctions

Frieze New York kicked off at the Shed in Hudson Yards with a notable sale: Jeff Koons's Incredible Hulk sculpture (Tubas) purchased for around $3 million, signaling a reunion between the artist and Gagosian after his departure to Pace in 2021. Despite a cautious market amid President Trump's tariff uncertainties, dealers reported better-than-expected sales on VIP day, with a focus on affordable works in the $50,000-to-$200,000 range. However, challenges emerged including U.S. Customs delays affecting international shipments and tariff confusion that led some fashion designers to withdraw from the Esther II fair.

tefaf 2026 female old masters

The 2024 edition of TEFAF Maastricht has opened with a significant focus on rediscovered female Old Masters, highlighted by the third annual 'Map of Women Artists' which now features over 670 works. Major dealers like Lullo Pampoulides and Koetser Gallery are showcasing high-value pieces by Artemisia Gentileschi, Virginia da Vezzo, and Michaelina Wautier, drawing immediate attention from institutional leaders including Metropolitan Museum of Art director Max Hollein.

This Masterpiece by Rembrandt’s Star Pupil Has a New Owner

This Masterpiece by Rembrandt’s Star Pupil Has a New Owner

Willem Drost's 1654 painting *Man With a Plumed Red Beret* has been acquired by the Leiden Collection, a private museum focused on Dutch Golden Age art. The sale was conducted privately through Agnews Gallery at the TEFAF Maastricht fair for an undisclosed sum, with the collection's founder calling it a "capstone acquisition."

as costs rise dealers in asia take a pragmatic approach to fair participation

The article reports that two major Asian art fairs, Taipei Dangdai Art and Ideas and Art Busan, are currently running through May 11, but both have seen significant drops in exhibitor numbers. Taipei Dangdai is down 32% to 53 galleries, while Art Busan is off 16% to 109 galleries. Dealers cite rising costs, geopolitical uncertainties, and fair fatigue as reasons for a more selective, pragmatic approach to participation, focusing on regional fairs and transactional value over visibility.

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.

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.