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The Price Points Powering the Art Market

The article, part of the Artnet Intelligence Report: Year Ahead 2026, analyzes art market performance by price bracket in 2025. The $1 million-to-$10 million range was the strongest segment, with sales totaling $3.5 billion—a 20.8% increase from 2024. Sales above $10 million rose 36.1% to $2.3 billion, boosted by high-priced masterpieces at New York's November auctions. The $100,000-to-$1 million bracket saw $3.2 billion in sales, up 6%. Meanwhile, works under $10,000 and in the $10,000-to-$100,000 range grew less than 1%, indicating cautious buyer behavior.

What It Takes to Build the Venice Biennale

Three weeks before the Venice Biennale opens on May 5, the city remains a construction site, with the Giardini closed and parts of the Arsenale requiring special access. Artist Faustin Linyekula rehearses his performance *The Galeazze Project* in a 16th-century roofless complex, working with the existing gravel, natural light, and lagoon acoustics rather than imposing a structure. Geopolitical conflicts, supply chain disruptions, and the sudden resignation of the Biennale’s international jury via Instagram add pressure to the already challenging logistics of mounting the global exhibition.

‘It has become a symbol of hope’: the epic journey of Ukraine’s origami deer to the Venice biennale

Ukrainian artist Zhanna Kadyrova's concrete origami deer sculpture, originally installed in Pokrovsk in 2018, has been evacuated from the war-torn Donetsk region and transported across Europe to become the centerpiece of Ukraine's national pavilion at the 2026 Venice Biennale. The sculpture, which replaced a Soviet fighter-bomber monument in a local park, was rescued in August 2024 by co-curator Leonid Marushchak amid intensifying Russian attacks, with the help of city authorities and museum staff.

Love & Fury: how poster artists responded to the Aids crisis – in pictures

A new exhibition titled 'Love & Fury: New York’s Fight Against AIDS' showcases posters created by grassroots groups and artists in response to the AIDS crisis from the late 1970s to the 2000s. The show features works from collectives like the Silence=Death Project and Gay Men’s Health Crisis, as well as artists including Keith Haring and Howard Cruse, highlighting how graphic design was used to promote safe sex, demand government action, and build community resilience.

tuan andrew nguyen 2026 high line plinth commission

The High Line in New York has selected Vietnamese artist Tuan Andrew Nguyen to create its next plinth commission, titled *The Light That Shines Through the Universe*, opening spring 2026. The 27-foot sandstone sculpture reimagines one of the Bamiyan Buddhas, destroyed by the Taliban in 2001, replacing the lost hands with melted brass artillery shells. The work is an "echo" meant to invoke memory of the lost cultural treasures.

phillips modern contemporary art auction report francis bacon

Phillips held its modern and contemporary evening sale in New York on Wednesday, following Christie’s and Sotheby’s auctions that had already generated nearly $1.4 billion. The 33-lot sale achieved $67.3 million, a 24% increase from the equivalent sale last year, with a 94% sell-through rate. Headlining lots included an untitled Joan Mitchell painting ($14.3 million), a Francis Bacon diptych ($16 million), and a juvenile triceratops skeleton that sold for $5.3 million, exceeding its high estimate. Only two lots failed to sell, and notable results included works by Ruth Asawa, Firelei Báez, Jean-Michel Basquiat, and Max Ernst.

gustav klimt blumenwiese blooming meadow lauder sale

Gustav Klimt's 1908 landscape painting *Blumenwiese* (Blooming Meadow) sold for $86 million at Sotheby's, slightly above its $80 million-plus estimate. The work was part of the Leonard A. Lauder Collection, a major consignment also featuring pieces by Matisse, Munch, and Martin. Lauder had acquired the painting in 1985, drawn to Viennese modernism and Klimt's Attersee period. The sale marks the second-highest price ever for a Klimt landscape, trailing the $104.5 million record set by *Birch Forest* in 2022.

christies modern british and irish evening auction in london nets 23 m marking 20 percent increase on 2024s sale

Christie’s Modern British and Irish Art evening sale in London on Wednesday achieved £17.3 million ($23 million), a 20 percent increase over the equivalent sale in 2024. The top lot was Barbara Hepworth’s *The Family of Man (Figure 9, The Bride)* (1970), which sold for £3.9 million ($5.2 million). The sale had a 90 percent sell-through rate by value and 81 percent by lot, with 39 percent of works exceeding their high estimates, though the total fell short of the £22.6 million high estimate. Other notable results included Hepworth’s *Vertical Wood Form* (1968) at £1.4 million, Stanley Spencer’s *The Meeting* (1933) at the same price, and Bridget Riley’s *Dendera* (1983-2002) at £1.2 million.

obama presidential center artist commissions jenny holzer nick cave

The Obama Presidential Center in Chicago has announced nine new commissions by ten artists for its 19.3-acre campus, set to open next spring. The commissioned works include a text-based sculpture spelling 'HOPE' by Jack Pierson, a bronze sculpture by Kiki Smith, a digital mural by Jules Julien, a textile-and-sound installation by Nick Cave and Marie Watt, paintings by Jenny Holzer and Idris Khan, a sculpture by Nekisha Durrett, a mural by Aliza Nisenbaum, and an outdoor bronze by Alison Saar. These join five previously announced commissions, with plans for over 25 site-specific works total.

alexandria biennale returns 2026

The Alexandria Biennale will return in September 2026 after a 12-year hiatus, with its 27th edition curated by Egyptian artist Moataz Nasr under the title “This Too Shall Pass.” The exhibition will feature 55 artists from across the Mediterranean, with a main program complemented by smaller shows in Alexandria museums focusing on emerging Egyptian artists. Venues include the Roman amphitheater, the Alexandria Library, and the Qaitbay Citadel. The biennale was originally established in 1955 under Gamal Abdel Nasser, suspended in 2011 amid the Egyptian revolution, briefly reopened in 2014, and then shuttered again due to financial and political instability.

ai weiwei major installation ukraine

Chinese artist and activist Ai Weiwei will debut a major new installation in Kyiv, Ukraine, this fall at Pavilion 13, a Soviet-era glass exposition hall that recently reopened as a cultural venue after renovation by architectural firm Forma. The work, titled *Three Perfectly Proportioned Spheres and Camouflage Uniforms Painted White* (2025), features metal spheres inspired by Leonardo da Vinci's mathematical illustrations, encased in camouflage fabric thinly painted white, exploring themes of concealment, reality, and war. Commissioned by the nonprofit Ribbon International, the installation will be on view from September 14 to November 30, 2025, alongside a site-responsive intervention by Berlin-based artist Sam Lewitt.

art market minute jun 16

Art Basel, the world's largest art fair, returns from June 17 to 22 amid ongoing market contraction and geopolitical instability. Meanwhile, Sotheby's London will auction the private collection of legendary art patron Pauline Karpidas in a 250-lot sale this September, estimated to fetch a record-setting $81 million. Additionally, Frieze will relocate to a new venue in Seoul for its fourth edition in the South Korean capital.

barbara hepworth takes top lot at londons british art sales

London's auction houses held seven sales of Modern British art this week, achieving £22.3 million (including buyer's premium) against a presale estimate range of £21.3 million to £31.7 million. A total of 547 of 705 lots sold, a 77.6% sell-through rate. Bonhams struggled, with half its top lots unsold, including a Henry Moore bronze estimated at £1–2 million, but Pyms gallery and art adviser Wentworth Beaumont bought key works below estimate. Sotheby's raised £6.4 million, led by Edward Burra's *Striptease, Harlem* (1934) at £842,500, and a Paul Nash watercolor tripled its estimate to £212,500. Christie's achieved the highest total at £12 million, topped by Barbara Hepworth's *Figure (Sunion)* (1960), bought by Pyms gallery for over £800,000.

barbra kruger to unveil new installation on ukrainian passenger train

Artist Barbara Kruger has created a new typographic installation, *Untitled (Another Again)*, for the exterior of a Ukrainian Railways Intercity train. The work will be unveiled on May 1 before the train's maiden voyage from Kyiv-Pasazhyrskyi to Darnytsia Station, with a future route spanning Ukraine including stops in Lviv, Kharkiv, and Kramatorsk. Commissioned by the nonprofit RIBBON International in collaboration with Ukrzaliznytsia, the text appears in Ukrainian and English, reflecting Kruger's signature style of bold, critical messaging.

Lucy + Jorge Orta: From Root to Rain

LUCY + JORGE ORTA: FROM ROOT TO RAIN

Lucy and Jorge Orta present their third solo exhibition at Jane Lombard Gallery in New York, titled "From Root to Rain." The show features a diverse range of media, including paintings, embroideries, tapestries, and film, all stemming from over three decades of collaborative research into ecological instability. The works bridge disparate geographic regions, from the Amazon rainforest to the Saudi Arabian desert, translating scientific data and field research into poetic visual forms that address climate change, migration, and environmental resilience.

Thailand Biennale 2025 Review: Beyond the Tropical Paradise

The fourth Thailand Biennale, titled 'Eternal [Kalpa]', has launched across 19 venues in Phuket, aiming to challenge the island's reputation as a mere tropical leisure destination. Curated by a team including Hera Chan, the exhibition utilizes diverse locations—from municipal gymnasiums to mangrove forests—to explore themes of subjective time and local history. Despite logistical delays that saw some artists still installing works during the press preview, the biennial presents a series of site-specific commissions that engage with Phuket’s ecological and social complexities.

Painted Up: This vibrant exhibition challenges colonial perceptions of Aboriginal art

Artist and cultural practitioner Dean Biŋkin Tyson presents "CREATE EXCHANGE: Painted Up," a dual-venue exhibition at Redland Art Gallery that showcases his multidisciplinary approach to Quandamooka and Gurang traditions. Moving beyond stereotypical "dot art," Tyson utilizes canvas, animal skins, and carved artifacts to translate his background as a dancer and songman into visual form. The exhibition features large-scale murals, traditional tools like boomerangs, and "shadow boxes"—a unique craft form developed in Aboriginal missions during the 1970s.

Which of these five museums is the best in the UK?

The Art Fund has announced the shortlist for the 2024 Museum of the Year award, featuring the National Gallery, V&A East Storehouse, The Box in Plymouth, the Fitzwilliam Museum, and Norwich Castle Museum & Art Gallery. The finalists represent a diverse cross-section of British heritage, ranging from London’s "Goliath" institutions celebrating bicentenaries to regional hubs undergoing major architectural transformations. The winner, to be announced on June 25, will receive a £120,000 prize, while runners-up each receive £20,000.

Venezia: Melissa McGill. Marea - Art Exhibition Contemporary art in Veneto

Artist Melissa McGill has announced "Marea," a large-scale public art intervention set to debut in Venice's Corte Nova during the 61st Venice Biennale in 2026. The project features approximately 100 paintings created on bedsheets, which will be hung from traditional laundry lines spanning the historic street. Developed in collaboration with local residents and students from Università Iuav di Venezia, the installation uses shades of blue and green to mirror the Venetian Lagoon and celebrate the city's enduring community spirit.

Penn Museum opens Native North America Gallery after two-year overhaul

The Penn Museum at the University of Pennsylvania in Philadelphia will open its new 2,000-square-foot Native North America Gallery on Saturday, November 22, after two years of planning. The long-term exhibition replaces the 2014 show "Native American Voices: The People—Here and Now," which was curated by Lucy Fowler Williams with around 80 Native consultants but felt fragmented. This time, Williams and co-curator Megan C. Kassabaum worked closely with eight Native American curators—not just advisors—to determine the stories told. The gallery highlights moments of rupture, loss, and betrayal alongside resilience, and includes an empty vitrine to acknowledge repatriation efforts and culturally sensitive objects that tribes prefer not to display.

After a turbulent period of reorganisation, the 18th Istanbul Biennial favours futurity over futility

The 18th Istanbul Biennial, titled "The Three-Legged Cat," has opened after a turbulent period of reorganization. Curated by Christine Tohmé, the biennial unfolds over three years instead of the usual two, featuring 47 artists—only six from Turkey, with many from the Middle East. The exhibition spans eight venues, including a former cone factory and a French orphanage, and includes works such as Naomi Rincón-Gallardo's video installation on opossum resilience and Khalil Rabah's site-specific intervention with oil barrels and saplings. The biennial's budget was raised from €2m to €6.5m, mostly funded by Koç Holdings, following controversy over the initial appointment of curator Defne Ayas, which was rejected by the Istanbul Foundation for Culture and Arts (IKSV), leading to Tohmé's eventual selection.

Emma Talbot – interview: ‘I imagine the experience of life as an epic story – the one we all have’

Emma Talbot presents her largest UK exhibition to date, *How We Learn to Love*, at Compton Verney, featuring over 20 new and recent works including silk paintings, fabric sculptures, animations, and drawings. The exhibition explores the human experience from birth to death, with recurring motifs such as a faceless female protagonist, references to Greek tragedy, and themes of grief and love. Talbot, who splits her time between London and Italy, also has concurrent solo shows at Copenhagen Contemporary and Centraal Museum Utrecht.

Why this WA artist has gained so much acclaim

Joe Feddersen, a 71-year-old artist and member of the Colville Confederated Tribes, has gained widespread acclaim for his prints, paintings, weavings, glass sculptures, ceramics, photography, and digital imagery. His work draws on the Plateau pictorial style and ancient petroglyphs, blending traditional Indigenous motifs with contemporary icons like chain-link fences and high-voltage towers. A traveling retrospective, a new book titled "Earth, Water, Sky," and a 2024 Governor's Arts & Heritage Award mark a particularly busy period, culminating in the exhibition "Past/Present" at studio e gallery in Seattle. Feddersen also addresses painful history, such as the 2021 discovery of unmarked graves at the Kamloops Indian Residential School, through works covered with skull outlines.

intersect aspen art design fair

Intersect Aspen Art + Design Fair returns to the Aspen Ice Garden for its 15th edition from July 29 to August 3, featuring its largest number of exhibitors to date. The fair includes solo presentations by Shepard Fairey at 212GALLERY and Michael Stipe at Jackson Fine Art, an immersive installation by Donna Isham at Varvara Roza Galleries, and a panel moderated by Carrie Scott with Heidi Zuckerman and Maryam Eisler.

Roberto Lugo brings monumental tribute to Puerto Rican culture to Manhattan park

Roberto Lugo has unveiled a monumental 20ft-tall urn titled *Capicú de Cariño (I Heard It Both Ways)* (2026) in Manhattan’s Madison Square Park, as part of his exhibition *Alfarero del Barrio (Village Potter)* commissioned by the Madison Square Park Conservancy. The urn features portraits of prominent Puerto Rican figures including Bad Bunny, Sonia Sotomayor, Lin-Manuel Miranda, Roberto Clemente, and the artist’s own parents, Gilberto and Maribel Lugo. The installation also includes a 15ft-tall orange fire hydrant sculpture, *Para Los Días Caliente (This Is For The Hot Ones)* (2026), and several planters and domino tables, all designed to invite public interaction and community engagement.

Kim Dacres Revitalizes Sleek Tires, Chains, and Gears in Defiant Sculptures

Kim Dacres transforms discarded auto and bicycle rubber into sculptural portraits that celebrate Black hairstyles and community. Her new exhibition "Lost on a Two Way Street" at Charles Moffett in New York features busts with braided buns and gear-like crowns, alongside flat wall works evoking Victorian cameos. The show also includes reimagined U.S. flags with Black and brown figures, addressing the current political climate and the gap between national symbols and lived reality.

Indonesia's 'scarred' art scene regroups following nationwide protests

Art Jakarta's 2024 edition (October 3-5) took place just weeks after nationwide anticorruption protests swept Indonesia and spread to other countries. The fair's director Tom Tandio noted that the demonstrations left a "scar" on the local art community, which had been vocal in organizing donations, attending protests, and sharing digital posters on social media. Despite low expectations due to economic uncertainty, the fair proceeded with new galleries like Ara Contemporary, which sold about 70% of its stand on opening day, featuring politically charged works such as Agung Harahap's manipulated photographs and Irfan Hendrian's paper installations referencing the 1998 anti-Chinese riots. The fair also overlapped with ruangrupa's 25th anniversary exhibition, which included interactive projects and talks promoting sociopolitical engagement.

Buzz in New York’s art trade during Frieze week masks uncertainties

During New York's Frieze week, over a dozen art fairs opened in four days, creating a bustling atmosphere that masked underlying economic and political uncertainties. Dealers and advisers reported strong preview-day attendance and a palpable energy, with some noting that the crowded calendar and a recent US-UK trade deal helped buoy spirits. However, the art market has not returned to its 2022 peak, with auction estimates down $250 million from 2024 and high interest rates still deterring average collectors.

Dallas Contemporary Appoints Interim Director & New Strategic Advisor

Dallas Contemporary has appointed John McBride as Interim Director and Jeremy Strick as Strategic Advisor. McBride, formerly Deputy Director of the Nasher Sculpture Center, will oversee daily operations, programming, and financial stewardship during a multiyear planning period. Strick, former Director of the Nasher and the Museum of Contemporary Art, Los Angeles, will advise on mission, governance, and curatorial programming. The appointments follow recent leadership turnover, including the departure of Executive Director Lucia Simek in December 2025.

Don’t Miss: Giles Duley’s “Distortion / Memory / Resilience” at Sutton Tower

Photographer and storyteller Giles Duley has opened a two-week exhibition titled “Distortion / Memory / Resilience” at Sutton Tower on the Upper East Side of New York. The show features his powerful images documenting life during war, alongside artistic touches such as wooden school desks filled with artwork by Ukrainian children. Duley, who lost two legs and one arm after an I.E.D. injury in Afghanistan in 2011, continues to work actively in war zones including Sudan, Afghanistan, and Ukraine. Proceeds from the exhibition support his NGO, the Legacy of War Foundation, which has raised over $4 million since 2017 to help communities rebuild after conflict.