With two fairs and a new festival, Aspen art scene is reaching new peaks

Aspen, Colorado's art scene is expanding with two concurrent art fairs and a new festival during Aspen Art Week. The 15th edition of Intersect Aspen, the city's longest-running fair (formerly Art Aspen), will feature 28 galleries including Jackson Fine Art and debutant 212 Gallery. CEO Tim von Gal reports record attendance and sales from 2023. Meanwhile, the Aspen Art Fair returns for its second edition at the historic Hotel Jerome, doubling its exhibitor list to 43 galleries, including Perrotin and Miles McEnery Gallery. Co-founded by Rebecca Hoffman and dealer Bob Chase, the fair emphasizes a convivial, community-focused atmosphere.

Terrence Sanders-Smith opens art gallery and plans a Miami Basel-style art fest in New Orleans

Terrence Sanders-Smith, a former gallery owner who recently returned to New Orleans, has opened Smith Contemporary at 440 Julia Street in the city's historic Gallery Row. The gallery is one of the few Black-owned galleries in the area's history. Sanders-Smith plans to sell work by racially diverse artists and is organizing a new national art fair, modeled after Miami Basel, to launch as soon as spring 2026. The article also features commentary from former gallery owner Myesha Francis on the importance of Black-owned spaces for artists and audiences of color.

Culture Type | The Month in Black Art, Here’s What Happened in June 2025

The June 2025 edition of Culture Type's 'The Month in Black Art' roundup reports multiple developments: the Detroit Institute of Arts acquired Tiff Massey's installation 'Baby Bling' (2023) for its reimagined Modern and Contemporary galleries opening in 2026; Aperture magazine released a summer issue guest-edited by Tanisha C. Ford focusing on Black style and fashion; Different Leaf, a cannabis culture journal, relaunched with guest editors Nick Cave and Bob Faust; and Sean Kelly Gallery announced representation of artist Lindsay Adams in collaboration with PATRON Gallery. The article also notes updates on the Studio Museum in Harlem, a shakeup at the Afro Brazil Museum, new Art Basel Awards, and Suzanne Jackson's exhibition at SFMOMA.

Highlights from Art Basel 2025

Art Basel returned to Basel for its 55th edition in June 2025, featuring 289 top international galleries from 42 countries and territories. The fair attracted 88,000 visitors, including collectors, curators, and representatives from over 250 museums and foundations. Highlights included Arturo Kameya's storytelling installation at GRIMM in the Statements section and Lothar Hempel's series of painted aluminum works at Anton Kern Gallery in the Kabinett sector, alongside large-scale installations in Unlimited and public projects in Parcours.

In Basel, alternative art fairs spring up in new places

In Basel, alternative art fairs are proliferating as dealers seek new ways to engage collectors outside the main Art Basel fair. Maison Clearing, a pop-up group exhibition by the New York and Los Angeles-based Clearing gallery, occupies a four-story villa in central Basel, featuring works by 46 artists including Kayode Ojo, Jasmine Gregory, and Jean-Marie Appriou. The rental cost of $2,000 per day is roughly one-third the price of a medium-sized stand at Art Basel. Meanwhile, the Basel Social Club (BSC) returns for its fourth edition in a former bank building near the Kunstmuseum, hosting over 100 spaces filled with art, performances, and hospitality offerings, including artist-led services like a hairdresser and a blood bank.

Beyond Surrealism: Basel show explores the many sides of Meret Oppenheim

A new exhibition at Hauser & Wirth Basel, titled 'Beyond Surrealism,' explores the multifaceted career of Meret Oppenheim, best known for her fur-covered teacup 'Object' (1936). The show presents a range of her work, including melancholic wartime oil paintings, elegant abstract sculptures, and later witty pieces like 'Eichhörnchen' (1970) and 'Das Auge der Mona Lisa' (1967), highlighting her refusal to be confined to any single style or movement.

12 things not to miss at Art Basel's bigger and better 2025 event

Art Basel's 2025 edition in Basel features a packed program across the city, including a new Shop with exclusive drops like a limited-edition porcelain Labubu by Kasing Lung, an FC Basel jersey designed by an artist, and rare prints by Daniel Arsham and Amoako Boafo. Highlights include Jordan Wolfson at Fondation Beyeler, Dala Nasser at Kunsthalle Basel, a ghost train by Rebecca Moss and Augustin Rebetez at Museum Tinguely, and the group show Maison Clearing organized by C L E A R I N G. Joyce Joumaa presents a light-based installation at Art Basel Statements, Thomas Bayrle's 1960s installation Coats appears in Parcours, and Alia Farid shows at Unlimited.

Female artists and new buyers breathe life into the art market

The global art market contracted by 12% in 2024, falling to an estimated $57.5 billion in sales from its 2022 peak, according to the Art Basel and UBS Art Market Report 2025 compiled by Dr. Clare McAndrew. Despite the overall decline, the number of transactions grew by 3%, driven by a broadening collector base and increased engagement with more affordable works. The report highlights a surge in interest in female artists, with galleries raising their representation to 41%, and notes that art fairs remain the most common entry point for new buyers. The Aotearoa Art Fair, opening May 1-4 at Auckland's Viaduct Events Centre, exemplifies these trends with strong Indigenous and Pacific representation, emerging artist platforms like Horizons 2025, and affordable works under $5,000 from established galleries such as Gow Langsford Gallery.

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The global art market returned to growth in 2025, reaching $59.6 billion in sales according to the latest Art Basel and UBS Art Market Report. This 4 percent increase ended a two-year decline, driven primarily by a 9 percent surge in public auction sales and a significant revival in high-value transactions for works priced over $10 million. While the United States maintained its dominant 44 percent market share, the recovery was uneven, with the Impressionist and Old Masters sectors seeing major gains while Postwar and Contemporary art continued to cool.

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Berlin’s Academy of Arts has issued a sharp critique of proposed budget cuts to the Berlin Art Prize, which would see the award's prize money halved. The Academy argues that reducing the current €45,000 total funding—already considered modest—devalues the historic award and threatens its future as a symbol of artistic freedom and democratic expression.

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Art Basel's inaugural edition in Doha has arrived, bringing with it new collectors and galleries seeking institutional interest. The event has prompted Doha's museums to stage significant exhibitions that emphasize historical depth and architectural legacy, rather than catering to fleeting market trends.

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Diana Ross performed an intimate 20-minute set at a dinner celebrating Alex Prager's immersive installation 'Mirage Factory' during Art Basel Miami Beach. The event, held in a green room evoking Griffith Park, featured Ross singing hits from her Supremes days and solo career. Prager's installation, located in the old Beach Theatre on Lincoln Road, includes a 1:12 scale miniature of Hollywood Boulevard and was created with Capital One and the Cultivist. A performance based on Prager's photograph 'Beverly Palms Hotel' (2025) also took place, with actors embodying characters from the image.

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Two New York art galleries run by dueling brothers are locked in a legal battle over the use of the name "Aicon." Projjal Dutta, representing Aicon Contemporary, filed a lawsuit in New York Supreme Court in October against his brother Prajit Dutta and director Harry Hutchison, who run Aicon Art and ArtsIndia.com. The suit alleges that the defendants have misleadingly used the names "Aicon Gallery" or simply "Aicon" instead of the agreed-upon "Aicon Art," causing confusion in the art market. The brothers previously operated the legacy Aicon Gallery together for 20 years before parting ways in 2019, but they still share the same address and phone number at 35 Great Jones Street.

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Vanity Fair has commissioned and will publish an abstract nude portrait of journalist Olivia Nuzzi, titled "How to Disappear," by artist Isabelle Brourman, in its Dec. 2 Hollywood Issue. The painting, which depicts Nuzzi nude with Americana symbols swirling around her, was created after the two met during Donald Trump's criminal trial and will also be exhibited at Art Basel Miami Beach as part of Jeffery Deitch's presentation "The Great American Nude."

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Sotheby's Paris achieved record-breaking totals for surrealist and modern art auctions during Art Basel Paris week, with combined sales of €89.7 million ($104 million) across its Surrealism and Its Legacy and Modernités sales—a 50 percent increase over the same event last year. The top lot was Amedeo Modigliani's *Elvire en buste* (1918-1919), which sold for €27 million ($31.3 million), the highest auction price for a painting by the Italian artist in France and the most valuable work ever sold by Sotheby's Paris. Other highlights included Modigliani's *Raymond* (1915) at €10.6 million, René Magritte's *La Magie Noire* (1934) at €10.7 million, and a complete set of Pablo Picasso's *Séries 347* etchings, which set a French auction record for any print by the artist.

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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.

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Clément Delépine, the director of Art Basel Paris, has been appointed as the next director of Lafayette Anticipations, a prominent Parisian exhibition space. He will succeed Rebecca Lamarche-Vadel, who is leaving after six years to pursue new challenges. Delépine will assume the role on November 17, shortly after the upcoming edition of Art Basel Paris, which opens to VIPs on October 22. A search for a new director for the Paris fair is underway.

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Tim Blum, founder of Blum Gallery, announced the closure of his gallery in early July, citing systemic problems and burnout. However, former employees and artists have since spoken out, claiming they were blindsided by the decision and criticizing the lack of notice, severance, and transparency. Some sources allege that poor business decisions, including a buyout of partner Jeff Poe and costly renovations in a shaky economy, contributed to the closure, while others dispute Blum's claims of strong sales at Art Basel. Separately, a bipartisan Senate bill seeks to extend a 2016 law aiding Holocaust victims in reclaiming Nazi-looted art, but major museums are pushing back, arguing the law unfairly hinders their ability to defend claims.

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Valentina Akerman, an art director and architect, opened Sardine gallery in a weathered Amagansett rental last summer with her husband, artist Joe Bradley. What began as an improvised experiment has grown into a Hamptons success story, now in its second season with a Summer 2025 program featuring film series, residencies, dinners, and four exhibitions pairing painters with sculptors. The gallery also hosted a pop-up in Paris during Art Basel Paris and is organizing a group show at Le Consortium Museum’s summer space in Burgundy.

The great Cézanne exhibition and collector Deodato Salafia on Artbox on Sky Arte

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The latest episode of Artbox on Sky Arte features a deep dive into the major Paul Cézanne retrospective at the Fondation Beyeler in Basel, curated by Ulf Küster. The program explores the French painter's late-career obsession with the act of seeing and his use of color patches to redefine nature on canvas. Additionally, the episode highlights the exhibition "Virtue and Grace: Female Figures in Baroque Painting" at La Galleria Bper in Modena, featuring insights from curators Sabrina Bianchi and Lucia Peruzzi.

How Art Firms Are—or Should Be—Using A.I. Right Now

Art firms are increasingly experimenting with artificial intelligence, but concrete use cases remain limited and industry-specific tools are still in their infancy. A new partnership between Bonhams and tech company ARTDAI aims to apply AI to market analytics, valuation, and specialist research, while companies like Artsy and Artnet are integrating AI capabilities into their platforms. Industry experts, including former Art Basel chief Marc Spiegler, note that the art market's small size has historically discouraged tech development, but AI now makes high-performance tools accessible to smaller businesses.

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The inaugural edition of Art Basel Qatar concluded in Doha, marking a significant new chapter for the Gulf art market. The fair adopted a smaller, curated format and was notably overseen by Egyptian artist Wael Shawky, who served as its artistic director, bringing a curatorial perspective to the commercial event.

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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.

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Alexandra Metcalf, a rising artist based in Berlin, is gaining attention for her multidisciplinary work that blends Victorian and psychedelic aesthetics with the dark history of women's psychiatric facilities. Her upcoming Art Basel debut with London's Ginny on Frederick features an installation titled "Assembly," consisting of four reclaimed grandfather clocks transformed into psychologically charged dioramas, which has been nominated for the Baloise Art Prize 2025. Metcalf also recently opened a solo exhibition "Gaaaaaaasp" at The Perimeter in London, an immersive installation evoking a 1960s doctor's waiting room and surgical theater, further exploring themes of madness, gendered labor, and Freudian psychology.

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Art Basel is expanding to the Middle East with a new fair in Doha, Qatar, set to launch in February 2026. The inaugural edition will feature around 50 galleries from local and international scenes, held across two venues: M7 and the Doha Design District. The fair is a partnership between Art Basel, Qatar Sports Investments (QSI), and QC+, a cultural commerce collective under Qatar Museums. A new artistic director will be announced soon, and the fair aims to scale up over time, with additional art activations in outdoor spaces like Msheireb Museums and Barahat Msheireb square.

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An Oklahoma bankruptcy court ruled on April 28 that Frank Lloyd Wright's Price Tower in Bartlesville, Oklahoma, will be sold for $1.4 million to McFarlin Building LLC. The sale concludes a two-year legal saga involving previous owner Cynthia Blanchard, who acquired the building for $10 in 2023 but failed to follow through on promised renovations, leading to a bankruptcy auction with no additional bids beyond McFarlin's baseline offer. The new owner, Macy Snyder-Amatucci, plans to revive the building as a hotel and residences.

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Frieze, the international art fair group, has been sold to Ari Emanuel, the Hollywood power broker who previously owned it through Endeavor. Emanuel acquired Frieze via a new, unnamed company from his former entertainment conglomerate, which was recently taken private by Silver Lake. The deal, valued at approximately $200 million according to sources, includes all seven fairs, Frieze magazine, and the No. 9 Cork Street exhibition space. Simon Fox will remain CEO. The sale comes just days before Frieze New York’s 2025 edition and follows months of speculation about the fair's future ownership.

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President Trump's tariff policies are causing significant disruption in the art shipping industry, despite artworks themselves remaining largely exempt from import taxes under U.S. law. While Section 1702(b) of the IEEPA protects artworks, books, and films from presidential trade restrictions, antiques and design objects are subject to a 10 percent universal tariff, creating confusion for customs officers. Meanwhile, changes to de minimis rules—lowering the threshold for formal customs processing from $2,500 to $800—have forced DHL to temporarily suspend certain shipments and caused multi-day delays. Smaller art dealers relying on global logistics firms are particularly affected, as bespoke fine-art shippers like Crozier, UOVO, and Cadogan Tate are often too expensive for lower-value works under $10,000.

The Venice Biennale has long been a sales platform—now no one is pretending otherwise

The Venice Biennale, traditionally a government-subsidized non-commercial institution where sales were downplayed, is experiencing an unprecedented open embrace of commerce. For the first time, Christie's is hosting an invitation-only selling exhibition in Venice, offering works ranging from Old Masters like Lucas Cranach to Modern and contemporary giants such as Andy Warhol, Louise Bourgeois, and Mark Bradford, with prices from $500,000 to over $35 million. Dealers, auction houses, and private foundations are openly pricing and selling works to collectors, spurred partly by Italy's reduced 5% VAT rate on art imports, now Europe's lowest.

Art Basel reveals 33 medalists for second edition of its awards

Art Basel has announced the 33 medalists for the second edition of its annual awards program, honoring a diverse group of artists, curators, collectors, and institutions. The cohort is divided into categories including emerging, established, and icon artists, as well as cross-disciplinary figures and art-world allies. Notable honorees include Julie Mehretu, Barbara Kruger, and the Studio Museum in Harlem, representing a broad cross-section of the global art ecosystem.