Art Basel’s Soft Opening Belies Strong, Swift Sales Across Tiers

Art Basel's 2025 edition opened with a soft atmosphere that belied strong and swift sales across all price tiers. Major galleries reported significant transactions: David Zwirner sold 68 works including a $9.5 million Ruth Asawa sculpture and a $6.8 million Gerhard Richter painting; Gladstone placed a $3.5 million Keith Haring piece; and Thaddaeus Ropac sold a €1.8 million Georg Baselitz and a $1.8 million James Rosenquist painting to a European institution. White Cube, Hauser & Wirth, and Tina Kim Gallery also reported robust sales, with works by artists such as Dana Schutz, Marlene Dumas, Yayoi Kusama, and Ha Chong-Hyun moving quickly. However, mid-tier galleries like Marianne Boesky Gallery noted more cautious, eye-driven buying rather than the frenzied chasing of past years.

Cause for cheer at Art Basel as strong preview-day sales take many galleries by surprise

Major international galleries reported unexpectedly strong sales on the preview day of Art Basel, despite geopolitical tensions, stock market volatility, and uncertainty over US tariffs. Thaddaeus Ropac sold works by Georg Baselitz, James Rosenquist, and Robert Rauschenberg, while Gagosian, David Zwirner, Pace, and Hauser & Wirth also reported multimillion-dollar sales, including a Ruth Asawa sculpture for $9.5 million and a Pablo Picasso painting priced at $30 million. Many dealers expressed surprise at the speed and volume of sales, which defied the broader international environment.

Art Basel 2025

Art Basel 2025 opened with strong preview-day sales, surprising many galleries after a tough year in the art market. Dealers reported a 'buyer's market' with price reductions and flexibility, while high-priced works by Jeff Koons, Michael Armitage, Adrian Ghenie, and Frank Bowling sold. The fair introduced a new section called Premiere for works made in the past five years, aimed at easing participation for small to mid-sized galleries. Satellite fairs including Africa Basel, Liste, Volta, and Maze Design Basel also launched or celebrated anniversaries. Other highlights include the Baloise Art Prize awarded to Rhea Dillon and Joyce Joumaa, a Holbein drawings rehang at Kunstmuseum Basel, and a visa denial for artist Richard Mudariki. Qatar took center stage ahead of a new fair in 2026, and limited-edition Labubu figurines caused a frenzy at the Art Basel Shop.

How 'Shōgun' Became Takashi Murakami’s Latest Pop Culture Muse

Takashi Murakami is having a landmark year, with a solo exhibition at Gagosian London, a Major League Baseball collaboration, and the reissue of his Louis Vuitton line with Marc Jacobs. His largest U.S. exhibition in two decades, "Stepping on the Tail of the Rainbow," opened at the Cleveland Museum of Art, featuring over 100 works. The show's centerpiece is an architectural collaboration inspired by the TV series "Shōgun," recreating the Yumedono (Dream Hall) from Hōryūji Temple, developed with the show's creators Rachel Kondo and Justin Marks.

Gagosian's spring show skips and rhymes through De Kooning's career

Gagosian Gallery in New York has opened "Willem de Kooning: Endless Painting," a non-chronological exhibition curated by Cecilia Alemani that spans the artist's career from 1944 to 1986. The show features institutional loans from MoMA and the Guggenheim, includes two sculptures—including the colossal bronze "Standing Figure" displayed indoors for the first time in nearly 30 years—and runs through June 14. A panel with artists John Currin and Dana Schutz will explore de Kooning's influence on May 15.

9 Must-See Shows at Paris Gallery Weekend 2025

Paris Gallery Weekend 2025 takes place May 23–25 across 74 galleries in the capital, featuring vernissages, performances, exhibition walkthroughs, and artist talks. Now in its second decade, the event was founded to spotlight Paris’s contemporary art scene and offers a counterpoint to the art fair circuit. Highlights include Sophie Calle’s "SÉANCE DE RATTRAPAGE" at Perrotin, where she revisits unfinished projects from her 2023 Picasso Museum exhibition, and major institutional shows like the David Hockney retrospective at Fondation Louis Vuitton and "Corps et âmes" at Bourse de Commerce. The weekend also includes a new Agnès Varda exhibition at Musée Carnavalet linking her photography to her Montparnasse atelier.

At Sotheby’s, a $70M Giacometti Fails to Sell While Works By Munch and Cézanne Ignite Buyer Excitement

Sotheby’s Modern Evening Auction on May 13, 2025, achieved $186.4 million in sales but was overshadowed by the failure of its headline lot: Alberto Giacometti’s hand-painted bronze bust *Grande tête mince (Grande tête de Diego)*, estimated at $70 million. The work, consigned by the Soloviev Foundation, went unsold after minimal bidding, lacking a guarantee or irrevocable bid. Other highlights included a strong performance by Edvard Munch and Paul Cézanne works, with 40% of lots exceeding high estimates. Notable sales included Georgia O’Keeffe’s *Leaves of a Plant* ($12.97 million) and Alexander Calder’s *Four Big Dots* ($8.285 million), both fresh to market.

Frieze and NADA New York’s Early Sales Signal Buyer Confidence

Frieze New York opened its VIP preview on May 7, with early sales indicating cautious but steady buyer confidence amid economic uncertainty and the recent acquisition of the fair by Endeavor's former CEO Ari Emanuel. American buyers dominated, while Asian and European collectors were largely absent. Mega-galleries like Gagosian and Pace reported significant sales, including Jeff Koons's Hulk Elvis sculptures and works by Adam Pendleton and Lynda Benglis, though the atmosphere was more subdued and negotiation-friendly than in previous years.

Frieze New York shows signs of stability in challenging US art market

Frieze New York (7-11 May) opens its 13th edition at The Shed with around 65 galleries, including mega-galleries Gagosian, David Zwirner, Hauser & Wirth, Pace, and White Cube. The fair arrives amid a turbulent art market: global art sales declined 12% in 2024 per Clare McAndrew's Art Market Report, and President Trump's tariff decisions have roiled the stock market. Frieze's owner Endeavor recently sold the fair to a new company founded by former CEO Ari Emanuel. Despite this, US fair director Christine Messineo expresses optimism, citing strong sales at Frieze Los Angeles in February. The Focus section features 12 emerging galleries, seven of which are first-time participants, including King's Leap, Management, Voloshyn Gallery (Kyiv), and Public Gallery (London).

The Great Lone Wolf of Art

Der große Einzelgänger der Kunst

Georg Baselitz, the German painter known for his radical, figurative works and iconic upside-down motifs, has died at age 88. Born Hans-Georg Kern in 1938 in Deutschbaselitz, Saxony, he fled East Germany for West Berlin in 1957 after being expelled from art school for "socio-political immaturity." Baselitz rose to international fame with his expressive, fractured depictions of the human figure, famously inverting his compositions starting with "Der Wald auf dem Kopf" (1969). He also worked as a stage and costume designer for operas by Harrison Birtwistle, György Ligeti, and Richard Wagner.

At Art Basel Hong Kong, Blue-Chips Report Flurry of 7-Figure Deals, While Others Lament ‘Slower Than Usual’ Sales

Major galleries reported significant seven-figure sales on the opening day of Art Basel Hong Kong. Hauser & Wirth sold works by Louise Bourgeois and George Condo for millions, while David Zwirner sold paintings by Liu Ye and Marlene Dumas for $3.8 million each. Pace Gallery's CEO noted a renewed energy, and other blue-chip dealers like White Cube and Lehman Maupin also reported high-value transactions, particularly with Asian collectors and institutions.

Liu Ding and Carol Yinghua Lu to curate 2027 Istanbul Biennial

The Istanbul Foundation for Culture and Arts (ISKV) has announced that Liu Ding and Carol Yinghua Lu will curate the 2027 Istanbul Biennial. Liu Ding is a Beijing-based artist and curator who has participated in numerous international biennials and taught at NABA Milan, while Carol Yinghua Lu is an art historian and director of the Inside-Out Art Museum in Beijing, with a background at OCAT Shenzhen, Museion Bolzano, and Asia Art Archive. The pair, who have collaborated since 2007, most recently served as artistic directors of the 2024 Yokohama Triennale. The 19th edition of the Istanbul Biennial is scheduled for 18 September to 14 November 2027.

Zurich’s Galerie Philipp Zollinger Closes After 7 years

Galerie Philipp Zollinger in Zurich is closing after seven years, as announced by founder Philipp Zollinger on Instagram. Citing continued global instability and a lack of conditions necessary to sustain the gallery, Zollinger explained that despite his willingness to invest further, the market no longer supports growth. The gallery focused on Swiss and Scandinavian artists working in three-dimensional media, along with artists from Southeast Asia and the United States. Its final exhibition, a dual presentation of Renée Levi and Theo Eble, closed on April 18 at Galerie Mueller in Basel. The closure follows a previous move from a nomadic operation to a physical space on Rämistrasse, which shut in fall 2025 due to an unstable art market and shifting collecting trends.

Barry X Ball’s Wild Sculptures Are Perfectly at Home at Venice’s Grand Basilica of San Giorgio Maggiore

New York-based artist Barry X Ball's exhibition "The Shape of Time" has opened at the Abbey of San Giorgio Maggiore in Venice, featuring 23 sculptures centered on the elaborate silver and gold piece *Pope Saint John Paul II* (2012–24). The show, organized by curator Bob Nickas, includes many works shown publicly for the first time, such as *Pietà* (2011–22) inspired by Michelangelo and *Saint Bartholomew Flayed* (2011–20). The sculpture of John Paul II, cast in collaboration with Italian jewelry house Damiani, contains hidden references to the pope's life, including his nemeses Hitler, Stalin, and Lenin, as well as a bullet from the 1981 assassination attempt.

art basel qatar fair report doha

The first-ever Art Basel Qatar opened in Doha with 84 single-artist presentations from 87 galleries, spread across two venues: the Doha Design District and M7. The fair, a partnership between Art Basel, Qatar Sports Investments, and QC+, features a tightly curated schedule of events, including a drone installation by Jenny Holzer at the Museum of Islamic Art and a floating dinner by artist Laila Gohar. Despite the usual fair rhythms, sales have been slow, and the event emphasizes engagement over transaction, as articulated by Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani.

Behind every great artist... there is a great gallery. A look at the 2026 Venice Biennale

Dietro ogni grande artista… c’è una grande galleria. Un punto sulla Biennale Arte 2026

The 61st Venice Biennale, titled "In Minor Keys" (May 9 – November 22, 2026), features over 90% living artists, a significant shift from recent editions focused on historical rediscoveries. Curated by the late Koyo Kouoh (1967–2025), the first African woman to lead the Biennale, the exhibition includes 111 artists, with a majority of women (64 vs. 48 men) and the highest percentage of African-born artists ever (20%). Notable participants include Nick Cave, Carsten Höller, Alfredo Jaar, and Kader Attia, with a focus on mid-career and established figures rather than emerging or deceased artists.

Joan Semmel & Rama Duwaji

MoMA PS1 has opened its major quinquennial exhibition "Greater New York," a sprawling survey featuring early-career artists based in the city. The show, which fills three floors of the former public school, is noted for its gritty, immersive portrayal of contemporary New York life, capturing everyday textures from delivery drivers to urban wildlife.

Collector Dimitris Daskalopoulos’s NEON to Conclude After ‘Having Fulfilled Its Mission’

NEON, the Athens-based contemporary art initiative founded by collector Dimitris Daskalopoulos, will conclude its activities later this year after 14 years. Its final project is a trilogy of exhibitions by artist Michael Rakowitz at the Acropolis Museum, with the last installment set for 2026. The organization also announced it has fulfilled its cultural and social mission.

Pedro Friedeberg, key figure in Mexican art renowned for hand-shaped chair, has died at age 90

Pedro Friedeberg, the Mexico-based artist and designer famed for his iconic Mano Silla (Hand Chair) created in 1962, has died at age 90. A key figure in 20th-century Mexican art, his singular work blended intricate, fantastical architecture with ornament and irony, creating a unique visual universe that defied easy categorization within movements like Surrealism or geometric abstraction.

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Gagosian has secured special permission from Art Basel Paris to exhibit a rediscovered Old Master painting by Peter Paul Rubens, titled "The Virgin and Christ Child, with Saints Elizabeth and John the Baptist" (c. 1611–14), at a fair that typically restricts its main sector to works created between 1900 and 2025. The painting, last sold at Sotheby’s New York in 2020 for just over $7 million, will be shown alongside modern and contemporary works by artists such as John Currin, Jenny Saville, and Pablo Picasso. The exception was granted by Art Basel’s management and Selection Committee due to the work's exceptional quality and its resonance with the gallery's booth.

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The San Francisco Museum of Modern Art (SFMOMA) has announced a new exhibition titled “RM x SFMOMA,” featuring around 200 works from both the museum’s permanent collection and the personal collection of K-pop star RM, a member of BTS. RM will serve as lead curator, alongside assistant curator Hyoeun Kim and curatorial project manager América Castillo. The exhibition, running from October 2026 to February 2027, will pair Korean artists—including historical figures like Yun Hyong-keun, Park Rehyun, Chang Ucchin, and Kwon Okyon, as well as contemporary artists such as To Sangbong and Kim Yun Shin—with Western masters like Mark Rothko, Agnes Martin, Henri Matisse, Georgia O’Keeffe, and Paul Klee. A key highlight is Kim Whanki’s 26-I-70 (1979), owned by SFMOMA.

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Protests erupted outside White Cube's London gallery last Thursday over a fireworks piece by Chinese artist Cai Guo-Qiang. The artwork, titled *The Rising Dragon*, was staged on September 19 at a high-altitude plateau in Shigatse, Tibet, and sparked online backlash over environmental concerns. Two UK-based groups, Tibetan Community in Britain and Free Tibet, led the protest, accusing Cai of committing "cultural violence." White Cube acknowledged the groups' concerns but continues to host Cai's exhibition, which opened in June and runs through early November.

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Our 5 Favorite Gallery Exhibitions to See This Spring in Paris

Nos 5 expos coups de cœur à voir en galeries ce printemps à Paris

Paris is experiencing a vibrant gallery season this spring, marked by the arrival of major international players and the rediscovery of overlooked artists. Highlights include the opening of Singapore’s Cuturi Gallery at the Palais-Royal with a cross-disciplinary show on decadence, and the London-based Waddington Custot establishing a new space in Saint-Germain-des-Prés with an exhibition bridging Nabis masters and contemporary painters. Other notable shows include a first-ever public look at the surrealist collages of Roland Sig and a dialogue between neo-impressionism and contemporary art at Galerie Pavec.

Jeamin Cha wins Hermès Foundation Missulsang

Jeamin Cha wins Hermès Foundation Missulsang

Korean media artist Jeamin Cha has been awarded the 21st Missulsang prize by the Hermès Foundation. She will receive KRW 30 million and production support for a solo exhibition at Atelier Hermès in Seoul, opening in May 2027.

Art Dubai Marks 20 Years with Special Edition Focused on Collaboration and Cultural Exchange – Friday, 15-17 May 2026.

Art Dubai returns to Madinat Jumeirah from 15–17 May 2026 for a special 20th-edition programme that reflects on the fair's evolution and reaffirms Dubai's role as a global cultural hub. Presented in partnership with A.R.M. Holding and Dubai Culture, the fair features approximately 75 presentations from commercial galleries, institutional partners, and cultural initiatives, with around 60% of participating galleries drawn from the region. Highlights include the Made Forward presentation from Dubai Collection, the 20th edition of the Global Art Forum titled 'Before and After Everything', and an exhibition of modern Arab art from the Barjeel Art Foundation. The fair also introduces an innovative risk-sharing model where booth costs are payable based on sales performance, and entry is free for all visitors.

Authorship Dispute Erupts Over ‘Hair Dress’ at the Met’s Costume Institute

British artist Anouska Samms has publicly claimed that the Metropolitan Museum of Art's Costume Institute exhibition "Costume Art" includes a dress, Corpus Nervina 0.0 (2023-24), that was based on her collaborative work with Israeli fashion designer Yoav Hadari. Samms alleges that she co-created the original "Hair Dress" with Hadari in 2023 while both were residents at the Sarabande Foundation, and that the Met initially sought to acquire that piece. After negotiations fell through, Hadari instead provided a similar garment attributed solely to him, prompting Samms to demand proper credit via Instagram posts and through her lawyer.

'I’m interested in breaking binaries, barriers and boundaries': Sarah Rosalena on her new LACMA commission

Artist Sarah Rosalena has completed a monumental 27-foot tapestry titled "Threading the Boundless: Omnidirectional Terrain" (2025), commissioned for the Los Angeles County Museum of Art’s (LACMA) new David Geffen Galleries. The work utilizes an industrial-scale jacquard-rapier loom to weave complex patterns that distort NASA satellite imagery of Earth and Mars. By blending her Wixárika maternal weaving traditions with computational craft, Rosalena transforms scientific data into a tactile, atmospheric landscape that challenges traditional methods of planetary mapping.

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Artnet News reports on the rediscovery of Colombian artist Luis Fernando Zapata (1951–1994), whose solo booth at Art Basel Miami Beach features works from 1988 to 1994 that resemble ancient artifacts. The booth, titled “The Immemorial: The Transcendence of Luis Fernando Zapata,” is presented by Bogotá’s Galería Elvira Moreno in the fair’s Survey sector, which highlights historically significant art made before 2000. Zapata’s pieces—including totemic shields, a mud-brown sarcophagus with cuneiform-like glyphs, barques, steles, and his “excavaciones”—are mostly hand-sculpted papier-mâché, evoking ritual and imagined cosmologies. Diagnosed HIV+ in the mid-1980s, Zapata died in 1994, leaving a body of work that has remained largely absent from the queer canon and art-world consciousness until now.

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The second edition of the Atlanta Art Fair took place at Pullman Yards, a historic 27-acre former rail works in the Kirkwood district. The fair, directed by Kelly Freeman, featured around 80 dealers and attracted a diverse crowd, including many high school and college students, with a casual atmosphere far removed from typical art fair elitism. Freeman emphasized teaching the city how to use an art fair, prioritizing accessibility and long-term engagement over immediate sales.