paint drippings art industry news feb 16

This week's art industry news covers significant developments across fairs, auctions, galleries, and museums. Frieze New York announces its 15th edition with a strong Latin American gallery presence, while the India Art Fair reports robust sales, including works by Atul Dodiya and N.S. Harsha fetching up to $600,000. Sotheby's will offer a major Francis Bacon self-portrait from the collection of Joe Lewis, and Christie's is set to sell three masterpieces from Agnes Gund's collection, estimated at over $123 million. Gallery news includes Federica Beretta's return to Opera Gallery and David Zwirner's new representation of painter Louis Fratino.

art basel miami beach 2025 changed fair map

Art Basel Miami Beach 2025 has introduced significant changes to its floor plan, including a shift in shared booth arrangements. In the Nova section for young galleries, only two galleries—Isabel Aninat and Espacio Valverde—are sharing a booth, while the main sector now features multiple pairings, such as Andrew Kreps with Anton Kern, March with Parker, and Galatea with Isla Flotante. The Positions sector for solo presentations has moved to a regular gallery booth area, replaced by the new Zero 10 initiative for digital art. The map reflects a reduced footprint for the main sector, possibly responding to a volatile market for contemporary art.

frieze london preview 2025

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.

Cecily Brown: ‘I was too shy to talk to all these super cool kids like Sarah Lucas and Damien Hirst’

Cecily Brown is preparing for her first major museum exhibition in her native London at the Serpentine Gallery, titled 'Picture Making'. The show features new and old paintings, monotypes, and drawings inspired by Kensington Gardens, marking a significant return for the artist who left for New York in the 1990s. Despite her commercial success with Gagosian and inclusion in major museums, she expresses nervousness about the critical reception.

Phillips Modern & Contemporary Sale Nets $115.2 M., With Strong Results for Women Artists

Phillips’ modern and contemporary art evening sale on Tuesday achieved $115.2 million against a presale estimate of $84.2 million, its highest since 2022. All 40 lots sold, with standout results for works by living artists like Joseph Yaeger, whose painting fetched $477,300 against a $60,000 estimate, and Anna Weyant, whose work sold for $980,400. Works by 20th-century female artists including Lee Bontecou, Olga de Amaral, and Helen Frankenthaler also exceeded expectations, with Bontecou’s pastel setting a record for a two-dimensional work by the artist at $4.3 million.

Christie’s Double-Header Totals $1.1 B., With Several Trophy Works Notching New Records

Christie’s held two evening sales on Monday—the S.I. Newhouse collection and a 20th-century art sale—that together generated $1.1 billion across 64 lots. The Newhouse tranche alone made $630.8 million, bringing the cumulative total of the collection to over $1 billion, making it likely the most expensive collection ever sold at auction after Paul Allen’s $1.7 billion blockbuster. Top lots included Jackson Pollock’s *Number 7A, 1948* at $181.2 million (the fourth most expensive painting ever sold at auction), Constantin Brâncuși’s *Danaïde* at $107.6 million, and a Mark Rothko work at $98.4 million.

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.

The Marcel Duchamps That Got Away: On Collecting His Work and the Sprawling MoMA Show

The article recounts the author's personal experience as a collector who passed up the opportunity to buy a complete set of Marcel Duchamp's readymades at a 2002 Phillips de Pury and Luxembourg auction. The set, editioned by dealer Arturo Schwartz in 1964, included iconic works like *Fountain* and *Bicycle Wheel*, but the sale was a financial failure, with many pieces bought-in or selling for far below expectations. The author later acquired some of the unsold works privately. The piece is framed around the concurrent Duchamp exhibitions at the Museum of Modern Art and Gagosian.

The 20 Most Expensive Artworks Hitting the Auction Block This Season

The May 2026 New York auctions at Christie’s, Sotheby’s, and Phillips will feature 20 high-value lots priced at $30 million or more, including works by Andy Warhol, Jasper Johns, Pablo Picasso, Piet Mondrian, Jackson Pollock, Willem de Kooning, Cy Twombly, Gerhard Richter, and others. The sales are staggered around the Venice Biennale and Frieze New York, with Sotheby’s holding its contemporary evening auction on May 14 and Christie’s its 20th-century sale on May 18. Notable consignments come from the estates of S.I. Newhouse, former MoMA board president Agnes Gund, and dealer Marian Goodman.

Maurizio Cattelan Opens Up About Sin, Silence, and Stealing: ‘I’m Guilty Too’

Italian artist Maurizio Cattelan directed the Renaissance Society’s annual benefit gala, titled "The Silent Party!", held at the Chicago Athletic Club during the week of Expo Chicago. The event subverted traditional gala expectations by requiring guests to remain silent for two hours, communicating only via handwritten notes while navigating a labyrinth of performances. The evening featured contributions from artists including Jacob Ryan Renolds, Davide Balula, and Isabelle Frances McGuire, culminating in a dinner that raised approximately $600,000 for the non-profit institution.

despite global art market contraction prints are thriving

The print market is experiencing a significant resurgence, defying the broader contraction seen in the global art market. Recent events like the IFPDA Print Fair in New York reported record-breaking attendance of 21,000 visitors, while auction data shows that over 54,000 print lots were sold in 2024—the highest volume in a decade. While total sales value dipped slightly, the decline was far less severe than the 27 percent drop seen in the general fine art sector.

100 Masterpieces to See at the Art Institute of Chicago

The Art Institute of Chicago has released a curated guide to 100 essential masterpieces within its massive one-million-square-foot campus. The selection spans global art history, ranging from ancient Egyptian mummies and Greek statues to iconic American sculptures like Edward Kemeys’s bronze lions and Narcissa Niblack Thorne’s intricate miniature rooms. The list is designed to help visitors navigate the museum's vast collection by grouping works by their physical location within the galleries.

vet sothebys gagosian book history art market

Valentina Castellani, a veteran of Sotheby’s and Gagosian, is releasing a new book titled 'Trading Beauty: Art Market Histories from the Altar to the Gallery'. The publication aims to fill a pedagogical gap Castellani discovered while teaching at New York University, providing a comprehensive chronological overview of the art market from the Renaissance to the post-pandemic era. Published by Gagosian and distributed by Rizzoli, the book features a cover by Maurizio Cattelan and an introduction by Massimiliano Gioni.

Blink and You’ll Miss It! 3 New York Shows With Painfully Short Runs

Blink and You’ll Miss It! 3 New York Shows With Painfully Short Runs

Three notable New York gallery exhibitions are operating on exceptionally short timelines, defying the current standard of month-long runs. These include "Ryan Foerster: Going Green" at Kerry Schuss Gallery, a presentation of Robert Mnuchin's collection at Mnuchin Gallery, and a show by the Japanese artist collective ME at Reena Spaulings Fine Art, each on view for only a matter of days.

National Gallery of Canada receives donation of 24 works from collector Bob Rennie

The National Gallery of Canada in Ottawa has received a donation of 24 contemporary artworks from Vancouver-based collector and real estate tycoon Bob Rennie and his family. The gift includes works by American artists Kerry James Marshall and Christopher Williams, and Canadian artists Brian Jungen and Jin-me Yoon, bringing the total number of works donated by the Rennie family to the NGC since 2012 to 284.

paint drippings art industry news mar 9

The art market is gearing up for a high-stakes spring season with major estate collections from S.I. Newhouse and Robert Mnuchin slated for auction at Christie’s and Sotheby’s, collectively valued at over half a billion dollars. Meanwhile, London’s spring marquee sales showed strong momentum, with Christie’s and Sotheby’s reporting significant year-over-year increases in their evening sale totals, despite a more modest performance from Phillips.

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.

frieze los angeles art world grief hope

The Los Angeles art scene is navigating a complex recovery as it prepares for Frieze Los Angeles 2026. The city is grappling with the lingering trauma of devastating wildfires that destroyed significant private collections, alongside economic instability caused by massive layoffs in the entertainment industry and recent political unrest. This combination of environmental and financial crises has led to a notable market downturn, resulting in the closure of several high-profile galleries including Blum, Tanya Bonakdar, and Sean Kelly.

orchid dinner waterkeeper alliance

The New York art scene was bustling with events this week. The New York Botanical Garden held its annual Orchid Dinner at the Plaza Hotel, featuring elaborate floral designs and guests like Martha Stewart and Sigourney Weaver. Meanwhile, Sotheby's hosted the Art for Water benefit auction for the Waterkeeper Alliance, with works by Jeff Koons and Ed Ruscha, and the New Museum celebrated the opening of a major Raymond Pettibon exhibition.

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

somersets unlikely contemporary art scene is a welcome departure from the uks london centric thinking

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.

epstein files art deals loans llcs

Thousands of documents released by the U.S. Department of Justice reveal that convicted sex offender Jeffrey Epstein was the hidden architect behind billionaire Leon Black's multi-billion dollar art investment and financial strategy from 2012 to 2017. Epstein managed Black's vast collection, valued at $2.7 billion in 2016, setting up LLCs, negotiating loans and commissions with major auction houses and galleries, and deploying the art for tax and estate planning.

marian goodman titanic dealer of contemporary art dies at 97

Marian Goodman, the revered contemporary art dealer who built one of the most influential galleries of the past half-century, died in Los Angeles on Thursday at age 97. Goodman launched Marian Goodman Gallery in New York in 1977 after 15 years running an editions business, and over six decades she championed a roster of challenging artists including Gerhard Richter, John Baldessari, Julie Mehretu, Tacita Dean, and Pierre Huyghe. Her gallery operated on West 57th Street in Manhattan with branches in London and Paris, and she was awarded the Commandeur of the Ordre des Arts et des Lettres and the Légion of Honor by France.

paint drippings art industry news jan 26

This week's art industry roundup covers major developments across auctions, galleries, and institutions. Christie's will auction René Magritte's 'Les grâces naturelles' (ca. 1961) as the star lot of its Art of the Surreal evening sale in London on March 5, with an estimate of £6.5–9.5 million. Zona Maco in Mexico City has announced 241 exhibitors for its 22nd edition, including a new section called Forma. The London Art Fair reported strong sales for British women abstract painters, while Vienna's Spark Art fair canceled its 2025 edition for a strategic pause until 2027. In gallery news, Amy Sherald signed with Creative Artists Agency, and several other artist-gallery representation changes were announced. The U.K. government pledged £1.5 billion to support cultural organizations from 2025 to 2030, and Tarek Atoui was named the next Turbine Hall commission artist at Tate Modern.

art trends 2026

Art critic Ben Davis reflects on the cultural landscape of early 2026, identifying a chaotic aesthetic defined by AI-generated imagery, esoteric Nazi dog whistles, internet trolling, and gaudy luxury, which he calls the "Chaotic Style." He also discusses the muted response to the 2025 Fall of Freedom initiative, the ongoing credibility crisis of liberal institutions over Gaza, and the need for serious AI criticism that moves beyond dismissing it as "slop."

2026 asian art market preview

Artnet Pro's 'The Asia Pivot' newsletter previews the 2026 Asian art market, highlighting a hopeful recovery after signs of improvement in late 2025. Key events include Art SG in Singapore (hosting S.E.A. Focus for the first time), the inaugural Art Basel Qatar in February, and Art Basel Hong Kong in March. Auction houses will align spring sales with these fairs. The article also notes regional shifts: South Korea's Art Asia partners with KINTEX for a new fair in India, Hong Kong's Kwai Fung Hin opens in Singapore, and Shanghai's Antenna Space expands to Hong Kong. Japan's Prime Minister Sanae Takaichi meets with artist Takashi Murakami to promote culture abroad, while geopolitical tensions with China threaten cultural exchanges.

bob monk gagosian director dead

Bob Monk, a longtime director at Gagosian who worked closely with artists such as Ed Ruscha and Richard Artschwager, died on December 15 at age 75 due to complications from a heart condition. Monk spent over two decades at Gagosian, and his career also included stints at Leo Castelli Gallery, his own SoHo gallery Lorence-Monk Gallery, and Sotheby's, where he headed the contemporary prints and contemporary art departments.

8 artists poised to break out in 2026

Artnet News asked four curators and four art advisors from around the world to each select one artist they believe is poised to break out in 2026. The article profiles the first two of eight artists: Indonesian artist Bagus Pandega, known for kinetic plant-based installations, who has had solo shows at Kunsthalle Basel and Swiss Institute New York; and Max Hooper Schneider, a Los Angeles-based artist creating aquarium-like works blending organic and artificial materials, recently exhibited at 125 Newbury gallery in New York.

top lots david hockney

David Hockney's double portrait *Christopher Isherwood and Don Bachardy* (1968) sold for $44.34 million at Christie's New York on November 17, 2025, just shy of its $50 million high estimate. The sale ranks among the highest prices ever for the artist at auction. The article also reviews Hockney's top five auction results, including *The Splash* (1966), which fetched $29.92 million at Sotheby's London in 2020, and *Nichols Canyon* (1980), which sold for $41.07 million at Phillips New York in 2020. All five of Hockney's most expensive works have sold within the past seven years, reflecting sustained demand for his early and mid-career masterpieces.

2025 art obituaries

Artnet News has published its annual roundup of art world figures who died in 2025, honoring a diverse range of individuals including museum directors, painters, curators, philanthropists, and an archaeologist. Among those remembered are Julia Alexander, former director of the Yale Center for British Art; Sylvain Amic, recently appointed to lead the Musée d'Orsay; philanthropist Wallis Annenberg; abstract painters Timothy App and Jo Baer; curator Leonid Bazhanov; and Tony Bechara, painter and former director of El Museo del Barrio.

the worst art we saw in 2025

Artnet News editors and writers compiled a list of the worst art of 2025, calling out works they found lazy, cynical, overhyped, or ethically dubious. Highlights include Flora Yukhnovich's site-specific painting installation at the Frick Collection, which critics deemed middling and out of place among the museum's historic masterpieces; Jeff Koons's eight-foot-tall Hulk (Tubas) sculpture, sold for $3 million at Frieze New York and described as an obnoxious trophy piece; and actor Adrien Brody's interactive gum wall installation, which invited visitors to stick chewed gum onto a canvas.