art market price increase 2025

The article examines the paradox of rising art prices despite a contracting market. The global art trade shrank by 12% in 2024, according to the Art Basel/UBS Art Market report, and financial volatility from trade wars has further depressed conditions. Yet dealers resist lowering prices, fearing that doing so would signal decreased value. Collectors like Jeff Magid argue that entry-level prices—often tens of thousands of dollars—are shutting out new buyers, and artists sometimes must leave their galleries to restart at lower price points. The upcoming Frieze New York fair will test whether this pricing strategy holds.

For Carly Glovinski, Art and Gardening Grow Side by Side

Maine artist Carly Glovinski has opened "Into the Garden," her third solo exhibition with New York's Morgan Lehman Gallery. The show explores gardening as a parallel practice to art-making, inspired by her residency at Surf Point in southern Maine, where she discovered the overgrown grounds of Wild Knoll, the former home of author May Sarton. Glovinski planted a community garden there, the Wild Knoll Foundation Garden, and the experience led her to return to painting after a two-decade hiatus, creating acrylic works that express the experience of gardening rather than traditional landscapes.

Artists turn to textiles as they excavate history at Nada New York

At the New Art Dealers Alliance (Nada) New York fair, running until 17 May, multiple artists are presenting works that heavily incorporate textiles to explore themes of culture, belonging, and history. Artists such as Keith Lafuente (with SoMad), Polina Osipova (with JO-HS), and Griselda Rosas (with Luis De Jesus Los Angeles) use fabric and sewing techniques to examine histories of inequality, migration, and labor. Rosas embroiders over painted paper using imagery from Mexican codices, Osipova prints family photos onto traditional Chuvash fabric, and Lafuente repurposes scraps from Oscar de la Renta to comment on global labor inequalities. Other participants like Ruth Owens (with Voltz Clarke Gallery) use textiles in lightbox works to tell personal stories of migration and abduction.

Conductor Launches in Brooklyn With Venice Biennale-Bound Artists and Immersive Projects

Conductor, a new art fair hosted by Powerhouse Arts, opened in Brooklyn on Wednesday night, drawing over 800 visitors within hours. The fair features 28 galleries and 20 special projects, with installations spilling out of traditional booths into shared spaces. Highlights include House of Silence, a tent-like structure by Turkish artist Vuslat and architect Sana Frini; Retorno (2022) by Juan José Barboza-Gubo, presented by Praise Shadows Gallery; and works by Beya Gille Gacha, who is set to appear in the Cameroon Pavilion at the Venice Biennale. Fair director Adrianna Farietta noted that some galleries had to withdraw due to the war in Iran, but the result remains an inclusive and immersive event.

Matt Dillon’s New Paintings Trace a Journey Across West Africa

Actor Matt Dillon presents his first solo exhibition at The Journal Gallery in New York, titled "Porto Novo to Abomey," opening April 24. The series of paintings was inspired by Dillon's travels through Senegal and Benin after filming Claire Denis's movie *The Fence* (2025). Dillon, who began painting about a decade ago with little formal training, creates spontaneous, textured works featuring bold figures, symbols, and words. The show's title traces a 100-mile journey from Benin's capital to the historic Kingdom of Dahomey, reflecting the artist's impressions of local textiles, architecture, and landscapes.

Rising Artist Veronica Fernandez’s Uneasy Monument to Childhood Imagination

Artist Veronica Fernandez opened a solo exhibition titled "Prey" at the Anat Ebgi gallery. The show features a notable shift in her practice, moving from typically monumental canvases to smaller-scale paintings that explore themes of claustrophobia, survival, and the uneasy tension between comfort and foreboding in domestic and communal spaces.

Jasmine Little, Los Angeles Painter and Ceramicist, Dies at 41

jasmine little painter dead

Los Angeles-based artist Jasmine Little has passed away at the age of 41, as confirmed by her gallery, La Loma. Known for her versatile practice that spanned lush still-life paintings and intricate sgraffito ceramic vessels, Little's work often blended historical references with personal mythology. Her gallerist, Kirk Nelson, remembered her as a "force of nature" who produced monumental sculptures and detailed narratives through intense, dedicated periods of creation.

miart 2026 exhibitors

Miart, Milan's international modern and contemporary art fair, is marking its 30th anniversary with significant changes for its 2026 edition. The fair is moving to a new venue, the South Wing at Allianz MiCo designed by Mario Bellini Architects, and adopting a more compact, three-floor layout designed to foster cross-presentation and dialogue. It has also announced a new theme, "New Directions," inspired by the jazz legacies of John Coltrane and Miles Davis, and a fresh graphic identity from design studio Leftloft.

mildred howard retrospective oakland museum of california

The Oakland Museum of California (OMCA) will host a major retrospective for Bay Area artist Mildred Howard, titled “Poetics of Memory,” opening in June 2025. The exhibition spans five decades of Howard’s work, including new pieces, and will be accompanied by a fully illustrated catalog with plans for a national tour. Howard, a 2025 Guggenheim Fellow, has a long history with OMCA, which owns her 1989 installation *TAP: Investigation of Memory*. Senior curator Carin Adams, who worked with Howard on reinstalling *TAP* in 2019, proposed the retrospective to honor Howard’s legacy in the Bay Area arts scene.

ceal floyer dead

Ceal Floyer, a conceptual artist known for her spare, witty sculptures that transformed everyday objects into thought-provoking art, died on Thursday at age 57 after a long illness. Her Berlin-based gallery Esther Schipper, along with Lisson Gallery and 303 Gallery, confirmed her death. Floyer gained international recognition for works like *Light Switch* (1992–99), which projected an image of a light switch onto a wall, and *Bucket* (1999), a plastic bucket with a recorded dripping sound but no water. She participated in major exhibitions including the Venice Biennale (2009) and Documenta (2012), and won the Preis der Nationalgalerie in 2007.

munich lohaus sominsky expands to tribeca

Munich-based gallery Lohaus Sominsky, founded by Ingrid Lohaus and Sofia Sominsky, will open its first New York space at 62 White Street in Tribeca next month. The inaugural exhibition, featuring new paintings and a site-specific installation by Berlin-based artist Charlie Stein, opens December 11, shortly after the gallery participates in Art Basel Miami Beach for the first time. The expansion follows three years of operations in Munich, where the gallery has mounted over 18 exhibitions with an international roster including Vera Molnár and Phoebe Derlee.

newsmakers artissima director luigi fassi italy vat cuts

Italy slashed VAT on art sales from 22% to 5% in July 2024, the lowest rate in the European Union, after two decades of lobbying by the Apollo Group. The tax cut took effect just before Artissima, Italy's largest contemporary art fair, which saw strong turnout and reported sales increases for many of its 73 Italian galleries, with prices ranging from $2,200 to nearly $20,000. ARTnews interviewed Artissima director Luigi Fassi about the impact of the new rate on the Italian art market and the broader cultural ecosystem.

project native informant gallery london closes

Project Native Informant, a London gallery known for its focus on internet-influenced art, announced it will close after 12 years. Founder Stephan Tanbin Sastrawidjaja cited the volatile global economic, political, and social environment, along with personal factors, as reasons for the decision. The gallery launched in 2013 in a Mayfair garage before moving to the East End, and its final show was a solo exhibition for Sean Steadman that closed over the summer.

paris internationale debut milan edition spring 2026

Paris Internationale, the emerging art fair known for hosting independent galleries, announced it will launch a Milan edition in April 2026, just before its 11th edition opened in Paris. The fair, founded in 2015 by a group of independent galleries, plans to establish a lasting presence in Milan, with founder Nerina Ciaccia citing alignment with the fair's values and approach to the art market. The Milan edition is partly driven by Italy's recent reduction of VAT on art exchanges from 22% to 5%, making it more competitive than France's 5.5%. The fair has not yet secured a venue but intends to choose an architecturally historic location, continuing its nomadic tradition.

elizabeth denny outsider art fair director

Elizabeth Denny has been appointed as the new director of the Outsider Art Fair, which was founded in 1993 and specializes in art brut, folk art, and self-taught art. Denny previously served as director at Eric Firestone Gallery and founded her own gallery in 2013 with locations in New York and Hong Kong. She holds degrees from the Courtauld Institute of Art and Columbia University, lectures at Columbia and Sotheby’s Institute, and is a founding board member of Less Than Half, an organization supporting underrecognized women artists. The fair's next edition is scheduled for March 2026 in New York.

faye wei wei musicality paint new talent 2025

Faye Wei Wei, a figurative painter known for her ethereal and romantic style, is profiled following her enrollment in Yale's MFA program. The article highlights her recent works, including "Calcium Stars (severed romanesque ears)" (2024) and "A Telescope Made of Champagne Glass" (2024), which blend motifs of hearts, lovers, and architectural forms with musical energy. Wei Wei, who graduated from the Slade School of Fine Art in 2016 and has shown at Situations in New York and Galerie Kandlhofer in Vienna, discusses her improvisational studio practice and the influence of music on her painting.

frieze launches new seoul space

Frieze has announced the launch of Frieze House Seoul, a year-round exhibition and project space in the Yaksu-dong neighborhood, set to open alongside the fourth edition of Frieze Seoul from September 3 to 6, 2025. Housed in a four-story building dating from 1988, the venue will host short-term gallery residencies, special projects, and curated exhibitions beyond the fair dates, and features a permanent site-specific installation by SANAA founders Kazuyo Sejima and Ryue Nishizawa. The news comes as Frieze works to extend its five-year partnership with Kiaf, the fair run by the Galleries Association of Korea, which began in 2022 and is set to expire in 2026.

korean artist kim yun shin

Korean artist Kim Yun Shin, who turns 90 in 2025, is currently the subject of a two-part solo exhibition spanning Lehmann Maupin's London and New York galleries. Titled after her series "Add Two Add One, Divide Two Divide One," which began in 1975, the shows opened in February 2025 at the gallery's temporary Cork Street space in London and continue at its New York location through May 31, 2025. The exhibitions draw on Eastern philosophy of Yin and Yang, exploring themes of union and division. This follows her debut at the 2024 Venice Biennale, where curator Adriano Pedrosa selected eight of her sculptures for the Central Pavilion under the theme "Foreigners Everywhere." In an interview, Kim discusses her nomadic life—from North Korea to South Korea, Paris, Argentina, and back—and how her experiences as a foreigner shaped her artistic perspective.

isaac wright speaks to artnews after being busted during the opening of his show in chelsea

Urban explorer artist Isaac Wright, known as 'Drift,' was arrested by NYPD officers at the opening of his 'Coming Home' exhibition at Robert Mann Gallery in Chelsea. He faces a misdemeanor trespassing charge for allegedly climbing the Empire State Building to take a photograph featured in the show. Wright, who has been arrested four times for similar acts, was released on bail and spoke to ARTnews about the unexpected arrest in front of 400 gallerygoers.

photographer isaac wright arrested by nypd at opening of his first solo show at robert mann gallery

Urban explorer photographer Isaac Wright, known professionally as “Drift,” was arrested by NYPD officers at the opening of his first solo exhibition, “Coming Home,” at Robert Mann Gallery in Chelsea on Thursday evening. Witnesses reported that an undercover woman signaled to police before the arrest, which occurred just before 8 p.m. Wright faces a charge of criminal trespassing in the third degree, a class B misdemeanor, and was released the next day. The show continued despite the disruption.

suki seokyeong kang dead

Suki Seokyeong Kang, a South Korean artist known for blending traditional Korean heritage with contemporary abstract forms, died on Sunday at age 47 (48 in Korean reckoning) after a battle with cancer. Her New York representative, Tina Kim Gallery, confirmed the cause. Kang's work spanned painting, textiles, sculpture, and installation, often incorporating postminimalist structures, craft techniques, and industrial materials. Notable series include her precarious "Grandmother Tower" sculptures and "Mountain" pieces made from curved steel and thread. She was born in Seoul in 1977, studied at Ewha Womans University and the Royal College of Art in London, and later became a professor of painting.

suki seokyeong kang sculptor dead

Suki Seokyeong Kang, a Korean sculptor known for reimagining traditional Korean artistic forms in contemporary sculpture, died on Sunday at age 48 after a years-long battle with cancer. Her passing was announced by Seoul’s Kukje Gallery and her New York representative, Tina Kim Gallery. Kang’s work drew from centuries-old practices such as Joseon Dynasty painting and 600-year-old musical notation, translating them into highly conceptual, visually seductive sculptures that appeared in biennials worldwide, including Gwangju and Venice, and in museum surveys such as a 2023 show at Seoul’s Leeum Museum of Art. At the time of her death, her largest-ever US exhibition was on view at the Museum of Contemporary Art Denver, featuring her "Mountain" series inspired by the traditional Korean style si-seo-hwa.

WALTER OTERO A TROPICAL GALLERIST IN AMERICA S ECOSYSTEM

A new book titled "Walter Otero: un galerista tropical" is being published this March. It features an interview by curator Omar-Pascual Castillo with Puerto Rican gallerist Walter Otero, chronicling his journey from personal assistant to painter Arnaldo Roche Rabell to founding his influential San Juan gallery, Walter Otero Contemporary Art (WOCA). The book details the gallery's history, its roster of artists, and Otero's adaptation to the digital age and crises like Hurricane Maria.

Faig Ahmed on Representing Azerbaijan at the 61st Venice Biennale

Artist Faig Ahmed will represent Azerbaijan at the 61st Venice Biennale in 2026 with a project exploring the intersections of mystical poetry and quantum physics. Located in the Campo de la Tana, the pavilion aims to create a contemplative space where technology and ancient oral traditions facilitate a personal dialogue for the viewer. Ahmed’s presentation responds to the Biennale’s overarching theme, 'In Minor Keys,' by focusing on subtle, often overlooked phenomena.

A Roma c’è la mostra di un’artista 40enne californiana che ci racconta il valore della lentezza

Erica Mahinay, a 40-year-old California-born artist based in Los Angeles, is the subject of a solo exhibition titled "Rhythms" at T293 gallery in Rome. The show presents 24 intimate-scale works that explore the artist's physical, process-driven approach to abstract painting, where she manipulates pigment through pouring, dripping, and erasing to create layered, luminous surfaces. Mahinay, who holds degrees from the Kansas City Art Institute and Cranbrook Academy of Art, has work in the Marciano Art Foundation and Pinault Collection, and was included in the Hammer Museum's 2023 biennial "Made in L.A.: Acts of Living."

The Louvre changes: the project chosen to steer the museum into its new Renaissance

Il Louvre cambia: scelto il progetto che traghetterà il museo nel suo nuovo Rinascimento

The Louvre has announced the winners of its "Nouvelle Renaissance" competition, selecting a team led by STUDIOS Architecture Paris, with Selldorf Architects for museography and BASE Landscape Architecture for landscaping. The jury, chaired by Marc Guillaume and composed of 21 experts, chose this proposal from five finalists for its respectful and contemporary approach, which elegantly connects the city, the palace, and the museum while improving visitor flow and security. The project addresses urgent needs including new underground entrances, a dedicated space for Leonardo da Vinci's Mona Lisa, enhanced circulation, and green spaces, following a period of difficulty for the museum including a high-profile theft in October.

Artist Ibrahim Mahama Says Police Attack in Ghana Put His ‘Entire Life On Hold’

Ghanaian contemporary artist Ibrahim Mahama announced plans to file charges against the Ghana Police Service after allegedly being violently attacked by officers from a unit called the Black Maria. Mahama states he was accosted on a bus in Tamale, sustaining severe facial injuries including broken teeth and bruising that forced him to cancel an international lecture and work tour. The police have denied the claims, stating the unit in question was not in the region at the time.

Art Dubai to Present Significantly Smaller Event After Iran War Forces Postponement

Art Dubai has announced a significantly scaled-down 'special edition' fair to be held in May, replacing its postponed twentieth-anniversary event. The new iteration will feature just fifty exhibitors, down from the originally planned 120, and will be held at its traditional venue, Madinat Jumeirah.

LATIN AMERICA IN THE SPOTLIGHT THREE EXHIBITIONS AT NOTTINGHAM CONTEMPORARY

Nottingham Contemporary has announced a major 2026 exhibition program dedicated to three influential Latin American artists: Chico da Silva, Julia Isídrez, and Francisco Tún. This ambitious schedule includes the first European institutional solo show for the late Brazilian Indigenous artist Chico da Silva, a co-production with MALBA for Paraguayan ceramicist Julia Isídrez, and a retrospective for the enigmatic Guatemalan painter Francisco Tún.

design artist housing hell real estate

The article examines the severe affordable housing crisis facing artists in major art capitals like New York, Berlin, London, Los Angeles, Paris, and Hong Kong. It draws parallels between the satirical portrayals of housing struggles in Tama Janowitz's *Slaves of New York* (1986) and Jane DeLynn's *Real Estate* (1988) and the contemporary reality, where median rents have tripled since the 1970s while artists' median earnings remain critically low. The author maps artists' precarious housing situations onto Dante's nine circles of Hell, illustrating the creative but often desperate workarounds artists employ, such as subletting, living in storage units, or having no permanent address.