The Art Market Enters 2026 With Renewed Confidence and a Sharper K-Shape Divide

ArtTactic's Global Art Market Outlook 2026 report reveals renewed confidence in the art market, with 51% of participants expecting growth and 42% anticipating stability. Strong sales in London, Paris, and Miami Beach, along with multi-billion-dollar November auction results, have buoyed sentiment. The recovery is uneven but meaningful, driven by selective demand for established names: Impressionist art rose 80.4%, Modern art 19.4%, and Old Masters 68.7%. The K-shaped divide is sharpening, with robust performance at the top end (above $1 million) and accessible tiers (below $50,000), while the middle market remains sluggish. Top performers include Klimt, Picasso, Rothko, and Calder, while ultracontemporary artists like Nicolas Party and Matthew Wong have seen significant declines.

New York gallery Kasmin will close this autumn as leadership launches new venture, Olney Gleason

The Chelsea gallery Kasmin will close this autumn after 35 years of operation, transitioning into a new venture called Olney Gleason. The new gallery will be led by Kasmin president Nick Olney and senior director Eric Gleason, both longtime employees who say the move aligns with the wishes of the late founder Paul Kasmin. Olney Gleason will continue working with an unspecified number of artists and estates from Kasmin's roster, including François-Xavier and Claude Lalanne, Lee Krasner, and Jackson Pollock's estate, and will open a flagship space in Chelsea with an inaugural show this autumn.

Designs for a Better Future

Entwürfe für eine bessere Zukunft

The Rimowa Design Prize has awarded its fourth edition to Samuel Nagel and Paul Feiler from the Schwäbisch Gmünd University of Applied Sciences for their bracelet "Nura," which translates sign language into spoken language and converts speech into written text. Other finalists include Jakob Schlenker's bird-shaped device to encourage movement in the elderly, Niklas Henning's harvesting system for restoring moors, Tobias Kremer and Yannick Stilgenbauer's inflatable cooling capsule for use without electricity, and Valerio Sampognaro's lightweight furniture that can both support and lift off. The exhibition runs until May 13 at the Berlin Kulturforum.

4 Details to Understand Martin Schongauer’s 'Madonna of the Rose Bower' Currently at the Louvre

4 détails pour comprendre « La Vierge au buisson de roses » de Martin Schongauer actuellement au Louvre

The Musée du Louvre is hosting a major exhibition dedicated to the Rhenish master Martin Schongauer, featuring his 1473 masterpiece, 'Madonna of the Rose Bower.' On loan from the Dominican Church in Colmar, the painting is a rare survivor of Schongauer’s small extant painted corpus and is making a significant journey to Paris despite its extreme fragility. The work is celebrated for its intricate detail and grace, qualities that earned the artist the nickname 'Handsome Martin' and influenced successors like Albrecht Dürer.

Enter the unsettled space of Asian American abstraction

The Milton Resnick and Pat Passlof Foundation in New York is hosting the exhibition "How Asian Is It?", featuring 12 pioneering East Asian American abstractionists born between 1928 and 1955. Curated by Lilly Wei, the show includes works by Barbara Takenaga, Emily Cheng, Charles Yuen, and David Diao, among others. These artists navigated an art world where downplaying their Asian identities often felt necessary for survival, especially after the 1965 Immigration and Nationality Act reshaped US immigration policy. The exhibition explores how their abstraction—marked by attention to interval, pause, and what remains unsaid—reflects a disciplined negotiation with space rather than a shared style or manifesto.

First Impressions of a Venice Biennale Torn Apart by the Present

The 61st Venice Biennale, titled "In Minor Keys," opens amid turmoil: its curator Koyo Kouoh died of cancer during planning, and the festival jury resigned after a controversial statement about excluding Israel and Russia from prizes, replaced by a Eurovision-style people's choice award. The main exhibition, completed by a team of five collaborators using Kouoh's plans, features over 110 artists and collectives, with highlights including works by Big Chief Demond Melanchon, Tammy Nguyen, Guadalupe Maravilla, Ayrson Heráclito, and a section focused on Michael Armitage's Nairobi Contemporary Art Institute.

BBC ‘Buried’ Footage of Banksy at NYC Mural Site, Former Reporter Claims

Former BBC New York correspondent Nick Bryant claims the BBC suppressed footage he captured of Banksy at a mural site in New York City in March 2018. In a Substack post, Bryant recounts being tipped off by Banksy's PR team about a new artwork at the Houston Bowery Wall, where he and his cameraman filmed the artist—described as a middle-aged man in a black beanie and grey coat—fleeing the scene with fresh paint on his fingers. Despite believing he had a world exclusive, Bryant says BBC editors in London decided not to air the footage, citing concerns about unmasking the artist and preserving the mystery for audiences, including a senior colleague's daughter who compared revealing Banksy's identity to telling children there is no Santa Claus.

The Tabloids Are Fouling Mayor Mamdani Over His Knicks Art. Here’s the Story

Artist Tom Sanford loaned his hand-painted wooden "Knicks Cutout" portraits of legendary New York Knicks players to New York City Hall at the invitation of Mayor Zohran Mamdani, intended to celebrate the team's playoff run. Tabloid media, including the New York Post and New York Times, framed the gesture as a "curse" on the team, suggesting fans blamed the mayor for the Knicks' losses. Sanford defends the artwork as a sincere, community-driven tribute rooted in New York street-corner cutout traditions, not a cheap stunt.

Collector Jennifer Gilbert Is Selling Modernist Masterpieces to Fund Her New Arts Space

Jennifer Gilbert, the Detroit-based entrepreneur and philanthropist, is auctioning a selection of Modernist masterpieces from her private collection to fund Lumana, a new nonprofit arts organization. The sales, scheduled for May and June at Sotheby’s New York, include high-profile works by Joan Mitchell and Kenneth Noland, with an overall fundraising goal exceeding $10 million.

auctions houses middle market competition art

The auction industry's "middle market"—typically defined as lots under $1 million—is facing a period of intense competition and shrinking profit margins. While these lower-priced works account for the vast majority of transaction volume and a significant portion of earnings, the overhead costs of selling them remain high. Furthermore, aggressive financial maneuvers like guarantees and "enhanced hammers," once reserved for blue-chip masterpieces, are now being demanded by sellers and advisors at much lower price points.

Mark Bradford and Carrie Mae Weems Among Latest Artists Commissioned for Obama Presidential Center

mark bradford carrie may weem latest artists commissioned obama presidential center

The Obama Presidential Center in Chicago has announced its latest cohort of commissioned artists, featuring high-profile names such as Mark Bradford and Carrie Mae Weems alongside local Chicago talents like Tyanna J. Buie and the duo Sam Kirk + Dorian Sylvain. These site-specific installations will be integrated across the center's 19-acre campus, including a three-story atrium collage by Bradford and a jazz-inflected photo mural by Weems. The project, which has already engaged over two dozen artists including Maya Lin and Julie Mehretu, is overseen by art program leaders Louise Bernard and Virginia Shore with direct input from the Obamas.

michaels lawsuit pose jordan nickel

Chicago street artist Jordan Nickel, known as Pose, is embroiled in a legal dispute with the arts and crafts retail giant Michaels. The artist, through his attorney Jeff Gluck, alleges that Michaels used his artwork in advertisements for Ironlak spray paint without his permission. Michaels has responded by filing a preemptive lawsuit in Texas, seeking a court declaration that it did not infringe on any rights and asking for attorneys' fees, while also arguing that it believed it had permission through its supplier, AVT Paints.

dorothy waugh national park posters

Dorothy Waugh, a pioneering Modernist designer who created the U.S. government's first in-house National Parks poster campaign during the Great Depression, is the subject of her first-ever solo exhibition at New York's Poster House. Titled "Blazing a Trail: Dorothy Waugh's National Parks Posters," the show reunites all 17 posters Waugh designed for the National Park Service between 1934 and 1936, bold experimental works that helped define a new visual language for federal design. Guest curator Mark Resnick spent three decades tracking down Waugh's story, locating documents across the National Archives, the Library of Congress, the School of the Art Institute of Chicago, and the Jones Library in Amherst, Massachusetts.

theaster gates tapped for obama presidential center installation celebrating ebony and jet image archives

The Obama Foundation has commissioned artist Theaster Gates to create an expansive frieze for the Pendleton Atrium of the Obama Presidential Center (OPC), set to open on Chicago’s South Side in 2026. The installation will draw from the Johnson Publishing Company image archive and the Howard Simmons photographic collections, celebrating the visual archives of Ebony and Jet magazines. Gates, who founded the Rebuild Foundation in 2009, will join nine other artists—including Kiki Smith, Nick Cave, Marie Watt, Jenny Holzer, and Idris Khan—whose works were announced in September for the OPC campus.

beast jesus artist cecilia gimenez obituary

Cecilia Giménez Zueco, the amateur painter behind the infamous "Beast Jesus" fresco restoration, has died at age 94. In 2012, at 81, Giménez attempted to restore Elías García Martínez's 1930 fresco *Ecce Homo* at the Santuario de Misericordia church in Borja, Spain. Her unskilled repainting transformed Christ's face into a distorted, ape-like image that went viral under nicknames like "Potato Jesus" and "Monkey Christ," spawning thousands of memes across Reddit, 4chan, and Twitter before mainstream media coverage. Initially devastated by the global ridicule, Giménez later found her work celebrated as a cultural phenomenon and tourist attraction.

school of art institute of chicagos video data bank

The School of the Art Institute of Chicago (SAIC) laid off three of five staff members of its Video Data Bank (VDB), including director Tom Colley, as part of 20 total layoffs across the institution. The cuts, announced on November 12, eliminated leadership and key distribution and digital management roles, sparking outcry from the new-media art community. VDB, founded in 1976, is a leading archive of video art with over 6,000 works by artists including Nam June Paik, Bruce Nauman, and Pipilotti Rist, distributed worldwide via subscription streaming.

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.

anish kapoor lists 56 leonard street apartment new york

Artist Anish Kapoor is selling his New York apartment at 56 Leonard Street in Tribeca for $17.75 million. The 3,576-square-foot unit on the 47th floor features four bedrooms, four-and-a-half bathrooms, private outdoor spaces, and a travertine marble bath. The building, designed by Herzog & de Meuron, houses a smaller version of Kapoor's famous sculpture Cloud Gate at its base. Kapoor purchased the apartment for roughly $14 million in 2016 and previously listed it for about $18 million last year. The listing is held by Serhant's Krista Nickols and Martin Garcia.

rago wright post war contemporary art auction may 2025

Rago/Wright's Postwar and Contemporary Art sale in New York will take place on May 21, 2025, featuring over 200 lots of 20th- and 21st-century works including painting, drawing, photography, and sculpture. Highlights include Nick Cave's *Soundsuit* (2010), Deborah Butterfield's *Red* (1992), Cindy Sherman's *Untitled #416* (2004), Tom Wesselmann's *From Nude Painting Print* (1988/1989), and Bernard Buffet's *Bouquet jaune fond orange* (1966), with estimates ranging from $70,000 to $150,000. Previews will be held in New York and Lambertville, New Jersey from May 13 to May 21.

munch the scream bird droppings

Edvard Munch, the Norwegian Expressionist and Symbolist painter, often worked and stored his paintings outdoors on the grounds of his 45-acre estate, Ekely. This unconventional approach led to many works suffering damage from the elements, including water damage, dog paw prints, and an enduring urban legend that white smears on his iconic painting *The Scream* (1893) were bird droppings. In 2016, researchers at the University of Antwerp used X-ray radiation to debunk this myth, proving the marks were actually candle wax.

Collaged Denim Sculptures by Nick Doyle Unravel American Mythology

Brooklyn-based artist Nick Doyle creates large-scale wall sculptures using layered and bleached denim, exploring American mythology and its contradictions. His solo exhibition "Collective Hallucinations" at Perrotin features works such as stylized cacti, landscapes, tarot cards, and a fortune teller's shop, all rendered in denim. Doyle's practice began after finding a discarded roll of denim in 2018, which he saw as a metaphor for the complexities of American history, including slavery, masculinity, and Manifest Destiny.

‘Knoxville Girl’ Gets Her Revenge in Wayne White’s New KMA Exhibition

The Knoxville Museum of Art has debuted a major new exhibition by Chattanooga-born artist and puppeteer Wayne White titled "Revenge of the Knoxville Girl." The centerpiece of the show is a ten-foot-tall marionette of the titular character from the famous Appalachian murder ballad, depicted as having crawled out of the river to claim the severed head of her killer, Willy. The installation blends local folklore with references to Cormac McCarthy’s novel *Suttree* and Tennessee Volunteers football culture.

Where to see art in Houston now: 9 fun new exhibits opening in July

Nine new art exhibitions are opening in Houston in July, spanning traditional paintings, sculptures, high-tech immersive shows, and textile works. Highlights include Nick Vaughan and Jake Margolin's "Town Meeting 1978-2028" at Art League Houston, which uses wind-drawing techniques to explore pre-Stonewall queer histories; Jeffly Gabriela Molina's "Fragmentos de un sueño que yo también soñé," focusing on immigrant experiences of home and memory; and Lin Qiqing's "Every Fiber of Their Bodies," weaving narratives of gender, immigration, and human relationships. The Menil Collection also re-installs René Magritte paintings after their return from a major retrospective in Sydney.

LOOK25 Gala supports Contemporary Calgary and Butterfly Ball raises funds for Boost Child & Youth Advocacy Centre

The LOOK25 Gala in Calgary, held on May 31 and presented by MAWER, raised over $1.2 million for Contemporary Calgary. Themed “Noir Nouveau” after textile artist Simone Elizabeth Saunders, the event featured a VIP dinner by Holt Renfrew, performances by Justine Tyrell and Timothonius, and a live auction led by Heather Edwards that included works by Saunders, June Clark, Evan Penny, and a circa-1960 Jean-Paul Riopelle. An after party sponsored by Masters Gallery drew 600 guests. Separately, the Butterfly Ball in Toronto, now in its 26th year, raised $1.27 million for Boost Child & Youth Advocacy Centre, with co-chairs Claire MacNamara and Trish Del Sorbo, and an auction handled by Christie’s consultant Brett Sherlock.

The first edition of the Paris Internationale fair in Milan is a success: The report

La prima edizione della fiera Paris Internationale a Milano convince. Il report

The Parisian satellite fair Paris Internationale successfully launched its first international edition in Milan during the city's 2026 Art Week. Hosted in the modernist Palazzo Galbani, the fair distinguished itself from traditional models like miart through a non-hierarchical layout designed by Christ & Gantenbein and NM3. The event featured 34 carefully selected galleries, emphasizing solo and duo presentations from artists such as Leonora Carrington, Benni Bosetto, and Ibuki Inoue.

브루클린뮤지엄: 패션디자이너 아이리스 반 페르펜전 'Iris van Herpen: Sculpting the Senses'(5/16-12/6)

The Brooklyn Museum will present the North American debut of "Iris van Herpen: Sculpting the Senses" from May 16 to December 6, 2026. The exhibition features over 140 haute couture creations by Dutch fashion designer Iris van Herpen, displayed alongside contemporary art, design objects, and scientific artifacts. It explores her fusion of traditional craftsmanship with cutting-edge technology, sustainability, and themes from nature and science. The show first opened at the Musée des Arts Décoratifs in Paris in 2023 and has traveled to QAGOMA, ArtScience Museum Singapore, and Kunsthal Rotterdam. The Brooklyn presentation coincides with the museum's annual Brooklyn Artists Ball, where Van Herpen will be honored.

Nick Goss: Interview of the Month, March 2026 – Paul Carey-Kent

Anglo-Dutch painter Nick Goss has opened a new exhibition at Josh Lilley Gallery, featuring eleven paintings inspired by Eel Pie Island, a private marshy area on the Thames in Twickenham with a bohemian past—including 1960s rock concerts by The Rolling Stones, The Who, and Pink Floyd, a hippie commune, and a 1972 fire. In an interview with Paul Carey-Kent, Goss discusses how he blends fact and fiction, combining sources from hotel corridors, Pompeii, and the Sergeant Pepper album cover to create ambiguous, layered works that evoke half-remembered histories.

Why this Minneapolis feminist art collective still matters 50 years later

The Women’s Art Registry of Minnesota (WARM), one of the oldest feminist art collectives in the United States, is celebrating its 50th anniversary. Founded in 1973 in Minneapolis, the collective emerged as a grassroots response to the systemic exclusion of women from mainstream galleries and museums, eventually establishing its own gallery space and a robust mentorship program that continues to support female-identifying artists today.

Harlow Artists celebrated in Harlow Open 2026 exhibition

The Harlow Open 2026 has launched at the Gibberd Gallery, showcasing 205 selected works from nearly 500 submissions by regional artists. Curated by Laura Noble, the exhibition features a diverse range of media including acrylic painting, sculpture, and experimental photography. Top honors were awarded to Martin Barrall for his painting of Epping Forest, with other major prizes going to Joe Fordham and Jim Brown, alongside special category awards for painting and sculpture.

Gallery no longer a 'waste of time' as $145m of art goes on display

The Newcastle Art Gallery in New South Wales is set to open its $48 million expansion this Saturday, concluding a turbulent development process that spanned over two decades. The upgrade adds 1,600 square metres of exhibition space and 13 new galleries, transforming the facility into the largest public art institution in the state outside of Sydney and allowing its $145 million permanent collection to be displayed at scale for the first time.