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The 23rd edition of Frieze London opens next Wednesday with its VIP preview in Regent's Park, featuring 168 galleries from 43 countries. The fair arrives amid a subdued art market, with dealers favoring conservative, recognizable works by established names rather than betting on younger artists. Notable presentations include Modern Art showing Sanya Kantarovsky's stoneware sculptures, Lehmann Maupin presenting Do Ho Suh's translucent installations, and Gagosian featuring Lauren Halsey's sculptural tribute to South Central Los Angeles. Hauser & Wirth highlights rising star George Rouy alongside other artists, while White Cube focuses on the natural world with works by Marguerite Humeau, Howardena Pindell, and Sara Flores.

Somerset's Unlikely Contemporary Art Scene Is a Welcome Departure From the UK's London-Centric Thinking

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Hauser & Wirth's Somerset gallery, established in 2014 in the rural town of Bruton, has transformed the local area into a significant contemporary art destination. The gallery complex, featuring exhibition spaces, a restaurant, meadow, and educational programs, has catalyzed gentrification and attracted other galleries, trendy hotels, and high-end amenities to a formerly unremarkable settlement.

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Timo Kappeller has joined Pace Gallery as a senior director in New York, focusing on sales and artist relationships, starting January 20. He arrives from The Campus, a collaborative exhibition space in upstate New York, and previously held senior roles at Hauser & Wirth and Andrew Kreps, with early career experience at Documenta and KW Institute for Contemporary Art in Berlin. His hiring follows several high-profile departures from Pace, including senior vice president Jessie Washburne-Harris to White Cube and artist Yoshitomo Nara to David Zwirner.

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Art Basel dealers recall the fair's early days, from its founding in 1970 by Swiss dealers Ernst Beyeler, Trudl Bruckner, and Balz Hilt to its evolution into a global powerhouse with editions in Hong Kong, Miami Beach, Paris, and soon Qatar. Veterans like David Fleiss of Galerie 1900-2000, Thaddaeus Ropac, Iwan Wirth of Hauser & Wirth, and Dominique Lévy of Lévy Gorvy Dayan share personal anecdotes, including chaotic customs incidents, childhood memories, and the fair's shift from a Eurocentric gathering to the world's premier art fair.

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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.

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Frieze New York 2025 is set to take place at the Shed in Manhattan, bringing together over 65 contemporary art galleries from more than 25 countries. The fair coincides with major institutional shows at the Guggenheim, Whitney Museum, and the Metropolitan Museum of Art, as well as the recent reopening of the Frick Collection after a $220 million renovation. Notable galleries include Gagosian, Hauser & Wirth, Pace, and David Zwirner, alongside international dealers like Goodman Gallery and Kurimanzutto. The Focus section, curated by Lumi Tan, features 12 young galleries. On the eve of the fair, Frieze itself was sold by Endeavor to former CEO Ari Emanuel for a reported $200 million.

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Many artists are rethinking traditional gallery representation, seeking not just sales but also help with copyrights, visibility, and partnerships. Flexible co-representation arrangements are on the rise, with major galleries like Hauser & Wirth launching initiatives like Collective Impact to co-represent rising artists alongside their smaller founding galleries. Some artists are joining agencies or representing themselves, driven by social media's past ability to build direct collector relationships, though its power has recently declined due to algorithm changes.

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Frieze has announced over 280 exhibitors for its October fairs in London, with around 160 galleries at Frieze London and 120 at Frieze Masters, running concurrently in Regent's Park from October 15 to 19. In auction news, the original Hermès Birkin bag prototype will be sold at Sotheby's Paris on July 10, and Bonhams has appointed Celine Assimon as chief commercial officer. Galleries saw significant moves: Christian Deydier in Paris is closing due to new EU regulations on imported cultural objects, while Carroll Dunham joined Matthew Brown, Cristina Iglesias signed with Hauser and Wirth, and several other artists changed representation. Meanwhile, Tate Liverpool received £12 million in UK government funding plus philanthropic support for its redevelopment, the Royal Academy of Arts named Simon Wallis as its new secretary and chief executive, and the Whitney Museum suspended its Independent Study Program for a year after controversy over censorship of a pro-Palestine performance. The Robert Rauschenberg Foundation made three new appointments, and the Académie de la Grande Chaumière in Paris faces eviction.

Zoe Leonard Departs Hauser & Wirth for New York’s Maxwell Graham Gallery

Zoe Leonard, a celebrated conceptual artist whose work will appear at the Venice Biennale next week, has left Hauser & Wirth—a global gallery with 14 locations—to join Maxwell Graham, a smaller New York-based gallery known for spare conceptual presentations. Leonard will continue to be represented by her longtime galleries, Cologne’s Galeria Gisela Capitain and Milan’s Raffaella Cortese. Maxwell Graham staged its first Leonard exhibition last year with “Display,” featuring photographs of historical objects in museums. Leonard is the second artist to depart Hauser & Wirth in the past year, following George Condo’s exit in November.

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The VIP opening of Frieze Los Angeles at Santa Monica Airport saw a surge of high-value transactions and heavy foot traffic from both local and international collectors. Major galleries reported multi-million dollar sales within the first few hours, including a $2.8 million work by Njideka Akunyili Crosby at David Zwirner and a sold-out booth of Conny Maier paintings at Hauser & Wirth. Dealers described the atmosphere as a "frenzy," noting that sales figures in some cases already tripled their performance at previous major fairs like Art Basel Miami Beach.

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The International Fine Print Dealers Association (IFPDA) is expanding its annual print fair to include drawings dealers, rebranding as the International Fine Prints & Drawings Association. The 2026 edition, running April 9–12 at New York's Park Avenue Armory, will feature 77 exhibitors, including new drawings-focused member Sigrid Freundorfer Fine Art and returning dealers like Crown Point Press and Hauser & Wirth. The change follows a membership vote and legal restructuring, driven by record attendance of over 21,000 visitors at the 2025 fair and a 57% jump in VIP registrations, fueled by Gen Z and millennial collectors.

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Galleries Sprüth Magers and Skarstedt have announced joint representation of artist George Condo, ending his six-year partnership with Hauser & Wirth. Condo has a long history with both galleries: he first showed with Monika Sprüth in 1984 and was represented by Skarstedt from 2004 to 2019. The announcement comes after a two-venue exhibition earlier this year that involved both Sprüth Magers and Hauser & Wirth. Condo's market remains strong, with recent auction sales exceeding $6 million and a current retrospective at the Musée d’Art Moderne de Paris.

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Frieze London 2025 opened with strong VIP preview sales, as major galleries reported brisk business by early afternoon. Thaddaeus Ropac sold a Robert Rauschenberg work for $850,000 and a Tony Cragg sculpture for $420,000, while Hauser & Wirth moved multiple pieces including a George Rouy for £275,000 and an Ellen Gallagher for $950,000. Gagosian sold a new Lauren Halsey sculpture before noon, and White Cube reported six sales. The fair's layout, which places mega-galleries at the back to encourage foot traffic to smaller booths, returned by popular demand.

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Sotheby's will offer Jean-Michel Basquiat's 1981 painting *Crowns (Peso Neto)* in its fall contemporary evening sale in New York with a high estimate of $45 million, the highest estimate ever for a Basquiat work from that pivotal year. The painting, never before auctioned, is described by the house as marking the artist's transition from street artist to international art star. Separately, Art Basel has released the exhibitor list for its inaugural fair in Qatar, featuring 87 galleries including heavyweights like Hauser & Wirth, Gagosian, and Pace, with all booths dedicated to solo presentations curated by artistic director Wael Shawky.

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The fourth edition of Frieze Seoul opened with strong collector turnout and solid first-day sales, despite a turbulent global art market. High-profile attendees included MoMA PS1 director Connie Butler, Hawai‘i Triennial 2025 cocurator Wassan Al-Khudhairi, and Top 200 Collectors Lonti Ebers, Yassmin Ghandehari, and Qiao Zhibing, alongside K-pop stars Lisa (BLACKPINK), RM (BTS), and The8 and Vernon (Seventeen). Major sales included Hauser & Wirth’s $4.5 million sale of Mark Bradford’s triptych "Okay, then I apologize" (2025) and a George Condo painting for $1.2 million, while White Cube, Thaddaeus Ropac, Pace Gallery, and others reported significant transactions. International blue-chip galleries with Seoul spaces are doubling down, presenting top-tier shows of star artists like James Turrell, Antony Gormley, and Lee Bul, with Korea’s private museums also mounting blockbuster exhibitions.

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The article reports on a generational shift in the art world, with younger gallerists (millennials and Gen Z) redefining success away from the traditional empire-building model. It highlights the recent closures of Venus Over Manhattan and Tim Blum's gallery, but notes that emerging dealers like Bridget Donahue and Matthew Brown are prioritizing collaboration, transparency, and a sustainable pace—attending fewer art fairs and building tight-knit communities rather than large client bases. Separately, the article covers Hauser & Wirth's announcement of a new gallery in Palo Alto, California, set to open in spring 2026, marking the mega-gallery's first Bay Area location and its third in California.

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United States Commerce Secretary Howard Lutnick posted a video on social media showing off a new tequila bottle, but the backdrop featured a painting from Rashid Johnson's "Anxious Red" series. The artwork, confirmed by Hauser & Wirth as an authentic Johnson piece purchased on the secondary market, sparked criticism online due to the irony of Lutnick—a Trump appointee whose administration has cut public health funding—owning a work born from pandemic-era anxiety. The series originally supported the WHO's Covid-19 Solidarity Response Fund through a 2020 charity auction, the same organization Trump withdrew the U.S. from on his first day in office.

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Frieze has announced the exhibitor lists for its two concurrent October fairs in London: Frieze London and Frieze Masters, which will run from October 15 to 19 in Regent's Park. Frieze London will feature around 160 galleries, including blue-chip names like Gagosian, Pace, Hauser & Wirth, and David Zwirner, alongside 58 London-based galleries. Frieze Masters, with some 120 exhibitors, will be the first edition under the direction of Emanuela Tarizzo. Curated sections include Artist-to-Artist at Frieze London, where artists nominate peers, and Spotlight at Frieze Masters, organized by Valerie Cassel Oliver. Frieze Sculpture, curated by Fatoş Üstek, will run from September 17 to November 2 in the English Gardens.

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Hauser & Wirth has announced global representation of Spanish sculptor Cristina Iglesias, who will depart Marian Goodman Gallery after over two decades. The gallery will feature her new work "Entwined VI" at Art Basel this month and host a solo exhibition at its London gallery in October. Separately, Rio de Janeiro's National Museum of Brazil is temporarily reopening three galleries seven years after a devastating fire destroyed 90% of its collection, showcasing surviving artifacts like the Bendegó meteorite. Meanwhile, staff at the Tel Aviv Museum of Art have been protesting daily since April over the war in Gaza, reflecting broader protests across Israel.

Paul McCarthy: ‘The world is now an extreme absurdity. The work is a reaction to that’

Paul McCarthy, the 80-year-old American artist known for his transgressive critiques of consumer culture, has opened a new exhibition titled "SS EE Saint Santa Eva Elf" at Hauser & Wirth in Paris. The show features large-scale drawings and a six-channel video installation created during filmed performances with his long-term collaborator, German actress Lilith Stangenberg, who plays the Elf. McCarthy revisits his iconic Santa Claus motif, portraying him as a dark, psychotic figure—the "god of capitalism and consumption." The exhibition also includes earlier drawings made with Stangenberg at Bowman Hal gallery in Madrid. The interview reveals that McCarthy's home and studios in Los Angeles were destroyed by wildfires, resulting in the loss of art, drawings, notebooks, and books, and the cancellation of a planned London show.

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Art Basel Qatar has launched its inaugural edition in Doha, marking a significant expansion of the Swiss fair brand into the Middle East. The event features 87 exhibitors in a unique, booth-less format spread across the M7 and Doha Design District, departing from traditional trade fair aesthetics in favor of a curated, biennial-style presentation. While the opening VIP day saw strong attendance from regional collectors and major international galleries like Hauser & Wirth, the atmosphere was tempered by light initial sales and significant regional geopolitical tensions.

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The commercial market for performance art is undergoing a significant shift in value and sophistication. While performance has been sellable for decades through archival editions and documentation—a model pioneered by figures like Marina Abramović and dealer Sean Kelly—newer methods include oral contracts for 'live' works and high-stakes secondary market sales. Recent examples, such as Hauser & Wirth offering a Felix Gonzalez-Torres performance piece with an eight-figure price tag, signal that the medium is moving from a niche interest into a high-value asset class.

Paint Drippings: Art Industry News February 23

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This week’s art industry roundup highlights major shifts across the global market, including Art Basel’s announcement of 290 galleries for its flagship Swiss fair and Sotheby’s adjustment of its buyer’s premium rates. Significant personnel moves include Devyani Saltzman’s abrupt departure from the Barbican, which sparked an open letter from over 170 cultural figures, and Anne-Claire Legendre becoming the first woman to lead Paris’s Arab World Institute.

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A nationwide general strike, called for Friday, January 30, 2026, in protest of U.S. Immigration and Customs Enforcement (ICE) operations in Minneapolis, has prompted numerous art galleries and organizations to close their doors. Major commercial galleries like Gagosian, David Zwirner, Hauser & Wirth, and Pace Gallery, alongside institutions such as the Museum of Contemporary Art Los Angeles and the Drawing Center, are participating in the shutdown.

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Artnet News lists 10 immersive installation artworks that are creepy enough to double as haunted houses for Halloween. Featured works include Alex Da Corte's "Die Hexe" (2015) at Luxembourg & Dayan, which transformed a townhouse into a ghostly dollhouse with a morgue; Mike Kelley's "Exploded Fortress of Solitude" (2011) at Hauser & Wirth, a sculptural interpretation of Superman's lair; Jonah Freeman and Justin Lowe's "Scenario in the Shade" at Red Bull Studios, a dystopian arts festival installation; Tobias Rehberger's "Bar Oppenheimer" (2013) at Hotel Americano, featuring disorienting dazzle camouflage patterns; and Puppies Puppies' "Gollum" at Queer Thoughts, where an actor in a Gollum mask performs live.

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Artnet News highlights eight winter gallery shows in New York City, including Ragnar Kjartansson's video installation "Sunday Without Love" at Luhring Augustine, featuring the artist and collaborators in folk costumes chanting a comedic line about living without love, and Louise Bourgeois's exhibition "Gathering Wool" at Hauser & Wirth, which explores themes of motherhood and abstraction through video, sculpture, and performance. Other notable shows include Jordan Casteel's floral canvases at Casey Kaplan and Geoffrey Holder's pulsing paintings at James Fuentes.

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A new exhibition at Hauser & Wirth's Basel location, timed to Art Basel, reexamines the legacy of Swiss artist Meret Oppenheim, 40 years after her death. The show aims to move beyond her famous 1936 work *Object (Breakfast in Fur)*, presenting the full breadth of her practice across sculpture, painting, readymades, and wearable art. Curated by Josef Helfenstein, the exhibition positions Oppenheim as a multifaceted artist who resisted the labels of Surrealist muse and pop star, highlighting her irreverent, medium-defying approach.

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The Nahmad family sold a Francis Bacon painting titled *Pope* (1958) for $15 million at the VIP opening of Art Basel. The work, which had been purchased by Helly Nahmad gallery for $6.6 million at a Sotheby’s auction in 2019, was the second-highest known price at the fair, trailing only a $40 million Louise Bourgeois *Spider* sold by Hauser & Wirth.

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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.

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The Museum of Contemporary Art Denver has organized the first exhibition dedicated to conceptual artist Roni Horn's long-standing engagement with water. Titled "Roni Horn: Water, Water on the Wall, You're the Fairest of Them All," the show spans sculpture, photography, drawing, and bookmaking, exploring water's mutability, ecological resonance, and paradoxical purity. Horn, who has received a Ford Foundation grant, Guggenheim Fellowship, and three NEA fellowships, has shown at major institutions including the Menil Collection, Louisiana Museum of Modern Art, Whitney Museum, and Tate Modern, and is represented by Hauser and Wirth.