Cash-Strapped Hong Kong Arts Hub Saved—Plus a Rundown of the Latest in Asia’s Art World
Hong Kong's financially struggling West Kowloon Cultural District, a major arts hub, has been rescued from its cash crisis. This development was part of a broader Asia art world update that also included leadership changes at Japan's Art Collaboration Kyoto and the announcement of a new art fair in Shenzhen.
The 2026 IFPDA Print Fair opened at New York’s Park Avenue Armory, placing a significant spotlight on the contributions of women artists to the medium. High-profile offerings include a new release by Laura Owens from Crown Point Press, Louise Bourgeois’s "Spirals" woodcut series presented by Carolina Nitsch, and large-scale sculptural works by Joan Hall and Orit Hofshi. The fair demonstrates the technical breadth of modern printmaking, ranging from traditional woodcuts to unique, hand-embellished compositions and experimental collaborations between artists and master printers.
Kenny Schachter's column reports on the fallout at Michael Werner Gallery following the departure of star artist Peter Doig. Co-owner Gordon VeneKlasen is accused of expensing luxury items—including private jets, Hamptons helicopter rides, and even a solo helicopter trip for his Labrador Retriever—while the gallery faced financial strain. The partnership is dissolving, with VeneKlasen moving to Los Angeles to open his own gallery and listing his West Village home for $20 million. Meanwhile, Schachter also notes Pace Gallery's financial troubles, with founder Arne Glimcher stepping in to stabilize operations.
Artnet News published an alphabetical in memoriam list commemorating art world figures who died in 2024, including printmaker Norman Ackroyd, museum director Hope Alswang, sculptor Carl Andre, curator and writer David Anfam, painter Frank Auerbach, and gallerist Patti Astor. Each entry includes a brief tribute highlighting their key achievements and contributions, such as Ackroyd's meticulous printmaking techniques, Alswang's diversification of the Norton Museum of Art's collection, Andre's foundational role in Minimalism, Anfam's influential scholarship on Abstract Expressionism, Auerbach's distinctive painterly style, and Astor's pioneering East Village gallery.
Artnet News reports on the rising market for African American painter Bob Thompson, who died at 28 in 1966 but produced thousands of works in a five-year span. His vibrant, narrative paintings—inspired by Old Masters, Greek mythology, and Modernism—have long influenced artists and curators, yet only recently commanded high auction prices. In 2024, all 16 lots offered sold, totaling $4 million, with a record $1.26 million for *Music Lesson* (1962) at Christie’s. The article traces his career from Louisville to Europe, his estate history with dealer Michael Rosenfeld, and current interest from collectors and institutions like the Whitney Museum and Smithsonian American Art Museum.
German artist Gerhard Richter has opened a major monographic exhibition at the Fondation Louis Vuitton in Paris, titled simply “Gerhard Richter.” The show features approximately 270 artworks, making it nearly three times larger than his 2020 retrospective at the Met Breuer in New York. Curated by former Tate director Nicholas Serota and Dieter Schwarz, former director of Zurich’s Kunstmuseum Winterthur, the exhibition is arranged chronologically to trace the evolution of Richter’s diverse oeuvre—from photo paintings and abstractions to Strip artworks and recent drawings. Highlights include early works like *Tisch (Table)* (1962), his first photo painting, and *Verkündigung nach Tizian (Annunciation after Titian)* (1973), created after his Venice Biennale debut.
Marian Goodman, the legendary art dealer known for her lifelong commitment to artists and resistance to market trends, died on Thursday in a Los Angeles hospital at age 97. She opened Marian Goodman Gallery in Midtown Manhattan in 1977 at age 49, launching with an exhibition of Marcel Broodthaers. Over five decades, she championed European artists under-recognized in the US, including Gerhard Richter, Steve McQueen, Julie Mehretu, and William Kentridge. Separately, the Louvre closed again due to a strike, the fourth closure since mid-December, while the Minneapolis Institute of Art remained closed amid ICE protests and unrest following the killing of ICU nurse Alex Pretti. Scotland is considering a government-funded basic income for artists, following Ireland's permanent scheme.
The Louvre was forced to close on Monday after staff launched strike action demanding urgent building renovations, improved security, increased staffing, and protesting a planned 45% ticket price increase for non-EU visitors. The strike follows a turbulent period for the museum, including a daylight theft of French crown jewels worth $102 million, a water leak damaging hundreds of documents, and safety concerns closing galleries. Meanwhile, Banksy's Walled Off Hotel in Bethlehem has reopened for the first time since 2023, after closing following the Hamas attacks of October 7, 2023, and the ensuing Israel-Hamas war. The hotel, which opened in 2017, sits opposite the West Bank barrier and features original Banksy works, positioning itself as a cultural platform for peace and Palestinian artists.
On Sunday at around 9:30 a.m., robbers broke into the Louvre's Apollo Gallery using a cherry picker and an angle grinder, stealing nine pieces of jewelry worth an estimated $102 million in less than eight minutes. ARTnews consulted security experts who noted that the theft exploited systemic vulnerabilities, pointing to a pattern of recent museum heists including the Natural History Museum in Paris, the Drents Museum in the Netherlands, and the Dresden crown jewels theft in Germany. The Louvre had previously faced staff walkouts over inadequate security staffing, and director Laurence des Cars has requested a police station be installed at the museum.
STPI is launching the inaugural Print Show and Symposium Singapore during Singapore Art Week (January 22–31, 2026). The event will feature over 27 internationally acclaimed contemporary artists—including Jeff Koons, Louise Bourgeois, Takashi Murakami, and Do Ho Suh—showcasing their engagement with printmaking. A symposium titled "The Politics of Print: elephant in the room," curated by Stephanie Bailey, will bring together 25 curators, museum directors, and artists such as Michael Craig-Martin, Adele Tan, Sook-Kyung Lee, and Pinaree Sanpitak for six panels over two days.
The Guardian’s weekly art roundup highlights the opening of 'Extraction' at Jupiter Artland, an exhibition featuring artists like Marguerite Humeau and John Gerrard that explores the environmental impact of fossil fuels. Other notable UK openings include Michaela Yearwood-Dan’s museum debut at The Whitworth, a survey of Paula Rego’s drawings at Victoria Miro, and a showcase of Thérèse Oulton’s textured landscapes at Vardaxoglou.
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.
la artist judy baca accused of misusing funds for historic mural french president stung by louvre chaos morning links for february 26 2026 1234774638
Renowned Chicano artist Judy Baca and the Social and Public Art Resource Center (SPARC) are facing allegations of financial misconduct regarding the expansion of 'The Great Wall of Los Angeles.' Ten former employees claim that millions in grant funds were misused and that Baca inappropriately profited from the sale of archives and artwork related to the historic 2,700-foot mural. Both Baca and the SPARC board have issued strong denials against these claims.
louise nevelson sculpture long island synagogue for sale 1234773933
Temple Beth El, a synagogue in Great Neck, New York, has announced the sale of a monumental 55-foot-long Louise Nevelson sculpture titled "The White Flame of the Six Million." Commissioned in the 1960s as a Holocaust memorial and functional Torah ark, the white-painted wood installation has served as the centerpiece of the congregation's sanctuary for over 50 years. Due to dwindling membership and a decision to sell the synagogue property, the congregation is seeking a new home for the massive work.
louvre theft caused by mismanagement veterans sue to halt building of arc de trump morning links for february 20 2026 1234774018
A French parliamentary commission has released a scathing report accusing the Louvre of systemic mismanagement and a 'denial of risks' following the October 2025 theft of the French crown jewels. The investigation suggests the museum operates as an unaccountable 'state within a state,' leading to security failures that enabled the high-profile heist. Meanwhile, veterans have filed a lawsuit to block the construction of the 'Arc de Trump' monument in Washington D.C., and the National Constitution Center faces leadership turmoil amid political pressure.
Painter Louis Fratino has joined the mega-gallery David Zwirner, adding the powerhouse to his existing representation by Berlin's Galerie Neu and New York's Sikkema Malloy Jenkins. This multi-gallery arrangement is a departure from the typical practice of artists severing ties with smaller galleries when aligning with a global giant.
Seyni Awa Camara, a Diola sculptor from Bignona, Senegal, known for her totemic clay sculptures of stacked human bodies, has died. Her work, steeped in spirituality and inspired by a ram's horn she called a 'genie,' gained international recognition after being discovered by anthropologist Michèle Odeyé-Finzi and introduced to Europe by gallerist André Magnin. Despite her global following—including fans like Pharrell Williams and Louise Bourgeois—Camara remained largely unknown in her home country, relying on foreign buyers to sustain her practice.
The Aldrich Contemporary Art Museum in Ridgefield, Connecticut, has announced a new recurring exhibition series called the Aldrich Decennial, which will take place every ten years. The inaugural edition, titled “I am what is around me,” runs from June 7, 2026, to January 10, 2027, and features 40 artists living and working in Connecticut who have not previously exhibited in the state. Organized by chief curator Amy Smith-Stewart and curatorial and publications manager Caitlin Monachino, the survey spans the museum’s entire campus and includes high-profile names such as Dominic Chambers, Tammy Nguyen, Em Rooney, Aki Sasamoto, and Julia Wachtel, with artists ranging in age from Lucy Sallick (born 1937) to Remy Sosa (born 1995).
The chairman of Abu Dhabi's department of cultural tourism, Mohamed Khalifa Al Mubarak, revealed at a recent briefing that the Guggenheim Abu Dhabi, designed by Frank Gehry and set to open in 2026 on Saadiyat Island, will feature Western masters like Jean-Michel Basquiat, Jackson Pollock, Mark Rothko, and Andy Warhol alongside lesser-known contemporary artists from Asia, Africa, and the Arab world. The museum, originally announced two decades ago and delayed multiple times, will also incorporate augmented reality and artificial intelligence to enhance visitor engagement, and will include music, food, and dance as part of its civic space concept.
Abu Dhabi Art (ADA) held its final edition at Manarat Al Saadiyat before transitioning into a Frieze franchise in November 2025. The fair featured 53 new galleries, a Focus sector highlighting art scenes from Nigeria, Turkey, and South Asia, and a new Emerge section offering discounted booth prices for works under $3,000 to attract emerging collectors. The shift comes as Abu Dhabi’s cultural landscape moves beyond its iconic Saadiyat Island museums—Louvre Abu Dhabi, Zayed National Museum, and Guggenheim Abu Dhabi—toward more grassroots ventures like the MiZa warehouse district, which hosts experimental spaces such as MamarLab and Iris Projects. Mega-gallery Pace returned after a 14-year absence, citing renewed energy in the Gulf market.
Greece's culture minister Lina Mendoni has publicly criticized the British Museum for hosting a lavish £2,000-a-ticket Pink Ball near the Elgin Marbles, attended by celebrities including Mick Jagger, Naomi Campbell, and Janet Jackson. Mendoni accused the museum of showing 'provocative indifference' by using the ancient Greek sculptures as mere 'decorative elements' for entertainment, echoing similar criticism from a fashion show held in the same gallery last year. Separately, disgraced Miami art dealer Les Roberts, previously charged with selling forged Andy Warhols, has opened a shop called Labubu Headquarters in Coconut Grove selling collectible monster figurines, despite bond conditions restricting him from working in the art industry. The article also reports that Richard Diebenkorn's estate has joined Gagosian, the J. Paul Getty Trust and the World Economic Forum will host a cultural table during Art Basel Paris, and Interpol has added stolen Louvre jewelry to its database.
Greece's culture minister Lina Mendoni has publicly criticized the British Museum for hosting a lavish £2,000-a-ticket Pink Ball in the gallery housing the Elgin Marbles, calling it a display of 'provocative indifference' that treats the ancient sculptures as mere 'decorative elements.' The event, co-hosted by museum director Nicholas Cullinan and Isha Ambani, drew celebrities like Mick Jagger, Naomi Campbell, and Janet Jackson, and follows similar criticism of a fashion show held in the same space last year. Separately, disgraced Miami art dealer Les Roberts, previously charged with selling forged Andy Warhols, has opened a shop called Labubu Headquarters selling collectible figurines, despite bond conditions restricting him from art dealing. Other news includes Richard Diebenkorn's estate joining Gagosian, the Getty Trust and World Economic Forum hosting a cultural table during Art Basel Paris, Interpol adding stolen Louvre jewelry to its database, and the shortlist for the 2026 Deutsche Börse Photography Foundation Prize.
Christie’s postwar and contemporary art day sale in London on Thursday totaled £12.2 million ($16.4 million), with over 80% of lots sold and 90% of those achieving prices within or above their presale estimates. Standout results included a 2020 painting by Somaya Critchlow that sold for £57,150 (est. £15,000–£20,000), a small Etel Adnan painting that fetched £107,950 (est. £30,000–£50,000), and a Michelangelo Pistoletto mirror piece that soared to £234,950—seven times its estimate. Works from the Ole Faarup collection and the Tiqui Atencio and Ago Demirdjian collection also performed well. However, a Toyin Ojih Odutola painting failed to sell, and Gerhard Richter’s gray paintings from the 1970s attracted little interest, mirroring a similar failure in Christie’s evening sale the previous day.
The Vancouver Art Gallery and the Walker Art Center have jointly acquired Nan Goldin's *Stendhal Syndrome* (2024), a slideshow-based video work with an original soundtrack. The acquisition was funded by the Curators’ Council Fund for Women Artists and the Jean MacMillan Southam Fund at the Vancouver Art Gallery. The work will make its Canadian debut at the Vancouver Art Gallery. First presented at Gagosian's New York gallery in September 2024 as part of Goldin's exhibition "You never did anything wrong," the piece pairs two decades of the artist's photographs with a personal voiceover, exploring the emotional power of art. It features images of classical, Renaissance, and Baroque masterpieces from institutions such as the Galleria Borghese, the Louvre, the Metropolitan Museum of Art, and the Prado, interwoven with portraits of Goldin's friends, family, and lovers.
Dom Pérignon has partnered with Japanese artist Takashi Murakami to design limited-edition labels and packaging for its Vintage 2015 and Rosé Vintage 2010 champagnes. The designs feature Murakami's signature smiling floral motifs on black backgrounds, described by the brand as an encounter between historical mastery and innovation. Murakami worked with Dom Pérignon's Chef de Cave Vincent Chaperon on the project, which is part of a larger series titled 'Creation is an eternal journey' that also includes collaborations with actors, musicians, and chefs.
Dom Pérignon has partnered with artist Takashi Murakami to design limited-edition labels and packaging for its Vintage 2015 and Rosé Vintage 2010 releases. Murakami’s signature smiling floral motifs appear on black backgrounds, and the collaboration is framed as an exploration of time, transformation, and the intersection of historical craftsmanship with contemporary art. Murakami worked with Dom Pérignon’s Chef de Cave Vincent Chaperon, and the project is part of a broader series titled “Creation is an eternal journey,” which also involves actors, musicians, and chefs.
This week's art industry news covers significant developments across fairs, auctions, galleries, and museums. Frieze New York announced its exhibitor list for May, highlighting a strong Central and South American gallery presence. The India Art Fair reported robust sales, with works selling for up to $1.3 million. Sotheby's will auction a major Francis Bacon self-portrait from the Joe Lewis collection, while Christie's is set to sell three masterpieces from Agnes Gund's collection, including a Mark Rothko. Gallery news includes Federica Beretta's return to Opera Gallery and David Zwirner's new representation of painter Louis Fratino. French authorities arrested nine individuals in a ticketing fraud scheme targeting the Louvre and Versailles.
This week's art industry roundup covers a postponement, financial losses, legal disputes, and leadership changes. New Jersey's Art Fair 14C has been postponed to May 2027, with organizers citing capacity issues unrelated to market conditions. Bonhams reported a 90% pre-tax loss jump to £213 million in 2024 due to impairment charges. A rediscovered Watteau drawing will be auctioned at Christie's Paris, and personal items of Jimmy and Rosalynn Carter are featured in Christie's 'American Collector' sales. In galleries, Amy Sillman left Gladstone for David Zwirner, Trevor Paglen joined Jessica Silverman, and Maya Hewitt joined Theta. The Louvre partially closed after a staff strike demanding director Laurence des Cars' resignation and reassessment of a renovation plan. Belgium's plan to dismantle Antwerp's M HKA museum has sparked resignations and backlash. New appointments include Will Cary as COO of the Barnes Foundation and Patton Hindle as director of arts at the Knight Foundation. MATHAF museum in Doha announced a campus expansion by architect Lina Ghotmeh. Legal disputes emerged between Gian Enzo Sperone and Angela Westwater over the shuttered Sperone Westwater gallery.
Artist Christian Marclay is interviewed at Berlin's Neue Nationalgalerie ahead of his exhibition "The Clock," a 24-hour single-channel video installation that runs through January 25, 2026. The artwork is a meticulously edited collage of film clips, each showing a timepiece or time-related action, synchronized in real-time so that the film's time matches the viewer's actual time. Marclay discusses his long-standing interest in time, the project's origins in the early 2000s, and his process of deconstructing and linking found footage, emphasizing the crucial role of sound in smoothing transitions.
Artnet News rounds up eight major controversies that shook the art world in 2025, including a brazen theft of crown jewels from the Louvre Museum in Paris, which exposed severe security gaps and led to a staff strike. Another key scandal involves a lawsuit filed by heirs of the Stern family against the Metropolitan Museum of Art and the Basil and Elise Goulandris Foundation, alleging that a Van Gogh painting was looted by the Nazis and later concealed through a series of transactions in New York.