perez art museum miami fraklin sirmans florida arts cuts 1234764524

Pérez Art Museum Miami (PAMM) director Franklin Sirmans reflected on his decade-long tenure in an interview with the New York Times during Art Basel Miami Beach. He highlighted the museum's growth, including doubling its endowment (with 10% from the Fund for Black Art), expanding the collection to over 3,500 works, and launching digital initiatives like PAMM TV. Sirmans also criticized Florida Governor Ron DeSantis's 2024 veto of $32 million in arts funding, which left the state with zero arts funding for a period, though some funding was later restored.

art basel zero 10 digital art platform miami beach 2025 1234760295

Art Basel will launch Zero 10, a new curated platform dedicated to digital art, at its Miami Beach edition in December 2025. Supported by OpenSea and curated by digital art strategist Eli Scheinman, the inaugural presentation will feature 12 international exhibitors including Art Blocks, bitforms gallery, Beeple Studios, Pace Gallery, AOTM, and Visualize Value, along with a loan of Lu Yang's DOKU – Heaven (2022) from the UBS Art Collection. The initiative takes its name from Kazimir Malevich's historic 1915 exhibition 0,10 and will run from December 5–7, 2025, with VIP previews on December 3–4, before expanding to other Art Basel fairs in 2026.

perrotin relocating hong kong gallery 1234756940

Emmanuel Perrotin announced that his gallery is relocating from K11 Atelier Victoria Dockside back to Central, Hong Kong’s business district, where it first opened in Asia in 2012. The gallery vacated Dockside on October 1 after six years, citing the need to better serve its community, enhance accessibility, and reduce operational costs. The move follows Pace Gallery’s announcement that it will close its H Queen’s location by the end of October, and comes amid a broader shake-up in Hong Kong’s gallery scene, with other blue-chip dealers like Lévy Gorvy Dayan also shuttering spaces.

Art Basel's solution to PDF pre-sales? Ask galleries to reserve works until opening day

Art Basel has announced a new initiative called Basel Exclusive for its flagship Swiss fair in June 2025, asking participating galleries to withhold their most important or expensive works from all pre-fair previews, online viewing rooms, and publicity. Instead, these "marquee works" will be unveiled for the first time during the First Choice VIP preview on 16 June. The initiative aims to restore a sense of surprise and urgency, countering the trend of galleries pre-selling works to clients before the fair opens. Around 170 galleries have already signed up, including major names like Gagosian, David Zwirner, Hauser & Wirth, Pace Gallery, and Sadie Coles HQ.

Comment | The market grew in 2025 but ‘interest in art is waning’

The global art market saw a 4% growth in 2025 according to the latest Art Basel and UBS Art Market Report, yet the industry remains on edge. Despite the headline increase, the report reveals a sharp decline in the average number of buyers per gallery—reaching its lowest level since 2021—and rising operational costs for shipping and logistics. Protectionist trade policies and geopolitical instability, particularly escalating conflicts in the Middle East affecting oil prices, continue to strain the contemporary sector.

Middle East, Ultra-Contemporary Old Masters, and the Meloni Fresco

middle east ultra contemporary old masters fresco 2742323

The art world is navigating a significant shift in regional power and aesthetic trends, highlighted by the inaugural Art Basel Qatar. This expansion into the Middle East signals a potential recalibration of global cultural influence, while simultaneously, the 'Ultra-Contemporary' market is pivoting toward 'Old Master' aesthetics and historical estates as a response to mounting economic pressures.

africa art market shift 2745718

The 1-54 Contemporary African Art Fair in Marrakech saw a significant contraction in 2026, with participation dropping by over 25 percent to just 22 galleries. This decline coincides with the recent arrival of Art Basel in Doha, which is intensifying competition for galleries and collectors' attention across the MENASA region, forcing dealers to make strategic choices about which fairs to support.

francis irv closes 2740202

Francis Irv, an unconventional art space in New York known for its unpredictable programming, is closing after over three years. Founded by Sam Marion Wilken and Shane Rossi, the gallery operated first in a Chinatown mall beneath the Manhattan Bridge and later in a nondescript third-floor room nearby. It showcased a multigenerational mix of artists from the US and Europe, including Megan Marrin, Win McCarthy, and Reinhard Mucha, and participated in alternative art fairs like Basel Social Club and Paris Internationale rather than the mainstream circuit.

es devlin library miami 2722639

Es Devlin's *The Library of Us*, a 20-foot-tall rotating bookshelf containing 2,500 books, debuted as a major spectacle during Miami Art Week. Installed on Miami Beach within a circular pool of water, the sculpture invites visitors to step onto a rotating platform, creating shifting social encounters with strangers. By day it towers over the sand, and by night it glows like a beacon. The work also includes an audio track of quotes from the books, some of which have been banned by Florida schools, and Devlin plans to donate all volumes to Miami public schools and libraries after the installation ends.

liste art fair basel celebrates 30 years as a champion of emerging talent 2650622

Liste Art Fair Basel returns for its 30th anniversary edition in 2025 at Messe Basel, featuring 99 galleries from 31 countries, nearly half of which are first-time exhibitors. The fair emphasizes solo presentations and experimental projects, with 11 galleries receiving production support from Liste Foundation Basel and Friends of Liste. A daily program includes performances curated by Jacob Fabricius, workshops by Tina Braegger, and panel discussions. Nikola Dietrich helms the fair for the first time as director.

Booming stock market is fueling a mega-billion return to classic art and a backlash to junk

A booming stock market and increased disposable income among the ultra-wealthy have fueled a $2.2 billion fall auction season in New York, led by Gustav Klimt's "Portrait of Elisabeth Lederer," which sold for $236.4 million at Sotheby's. Other major sales include Frida Kahlo's "El sueño (la cama)" setting a record for a female artist at $55 million, and Mark Rothko's "No. 31 Yellow Stripe" fetching $62 million at Christie's. The surge is attributed to a convergence of high-quality estates coming to market—including those of Leonard Lauder, Robert and Patricia Ross Weis, and Jay and Cindy Pritzker—and renewed confidence among wealthy buyers after a stagnant period for art prices.

Miami Art Week guide: Some of the top art fairs to visit

Miami Art Week, headlined by Art Basel Miami Beach, returns December 1-7, 2025, transforming Miami-Dade County into a sprawling arts celebration. The guide highlights major fairs including Art Basel (283 galleries from 43 countries), Art Miami + Context Art Miami (celebrating 35 years with 160 international galleries), Scope Art Show (featuring padel matches and 80+ galleries), and Untitled Art Fair (160 exhibitors including nonprofits for the first time). Notable new additions include Cuban gallery El Apartamento making history as the first gallery founded on the island to participate in Art Basel, and a new digital art sector called Zero 10.

In Karyn Lyons’s Paintings, the Ghost of Girlhood Lingers

American painter Karyn Lyons explores the longing and desolation of adolescent girlhood in her solo exhibition “Day for Night” at Stems Gallery in Paris, which opened ahead of Art Basel Paris. The show features paintings of an adolescent girl in affluent yet lonely settings, which Lyons describes as metaphoric pages from her diary. After studying journalism and working in advertising and fashion, Lyons earned a post-baccalaureate degree from the School of the Museum of Fine Arts in Boston in 2003, but kept her work private for nearly two decades until a creative breakthrough during the pandemic led her to explore her own adolescence more psychologically.

With more than 40 galleries represented, Germany is a major player at Art Basel this year

Germany is the second-most represented country at Art Basel in Switzerland this year, with over 40 galleries participating, trailing only the United States. The fair is led by German-born director Maike Cruse, and features prominent German artists including Katharina Grosse, Martin Kippenberger, Tim Eitel, and Jana Schröder. Despite lacking mega-galleries, Germany boasts respected spaces like Galerie Max Hetzler and renowned collectors such as Reinhard Ernst, Julia Stoschek, and the Plattner family. Dealer Gerd Harry Lybke notes Germany's art market is 'very stable' compared to other locations.

James Murdoch and Art Basel’s Parent Company Are Working on a Big Ideas Festival to Launch in 2028

James and Kathryn Murdoch, through their respective organizations Lupa Systems and Futurific, are partnering with MCH Group, the parent company of Art Basel, to create a new major festival called the Futurific Institute. The event, set to launch in Basel, Switzerland in the summer of 2028, aims to be a cross-disciplinary gathering focused on art, culture, technology, and future-oriented problem-solving, drawing comparisons to world's fairs and events like TED Talks.

sothebys second sale saudi arabia results 1234771783

Sotheby's second auction in Saudi Arabia, titled 'Origins II,' achieved a strong result of $19.6 million, surpassing its presale estimate. The sale of 61 lots was bolstered by a new auction record for a Saudi artist and a significant increase in the value and volume of works by Saudi artists sold compared to the house's inaugural sale in the country last year.

sothebys saudi arabia second auction art luxury 1234768014

Sotheby's will hold its second auction in Saudi Arabia, titled "Origins II," on January 31 in Diriyah, following its first auction in the kingdom in February 2024. The inaugural sale, also called "Origins," achieved $17.3 million within pre-sale estimates but had a 65.8% sell-through rate, with 40 of 117 lots unsold, particularly jewelry and handbags. The upcoming auction will focus exclusively on fine art, featuring over 70 works by international and Middle Eastern artists, including Anish Kapoor, Andy Warhol, Mohammed Al Saleem, Mahmoud Sabri, and Samia Halaby. The sale is scheduled just before the inaugural Art Basel Qatar.

miami beach legacy purchase no vacancy 2025 1234766050

Miami Beach announced Ximena Garrido-Lecca as the winner of its 2025 Legacy Purchase Program, acquiring her copper-rope work "Modulations – Sequence XXIX" for the municipal collection. The piece, shown with Livia Benavides Gallery, was selected by public vote and has been installed at the Miami Beach Convention Center. Separately, the sixth edition of the No Vacancy public-art program placed 12 site-specific installations in hotel lobbies across the city, running from November 13 through December 20, with $35,000 in total prizes.

beeple pooping robot dogs at art basel miami beach 1234765375

At Art Basel Miami Beach, digital artist Beeple (Mike Winkelmann) debuted a new installation titled "Regular Animals" in the fair's Zero10 digital art section. The work features a pen of robot dogs fitted with lifelike heads of Elon Musk, Mark Zuckerberg, Pablo Picasso, Andy Warhol, Jeff Bezos, and Beeple himself. The robots wander, twitch, and periodically tip backward to eject printed images from their backsides, satirizing the algorithmic nature of digital platforms. The installation drew large crowds, with visitors like Courtney Karnez describing it as a "guilty pleasure" and a communal spectacle. By the end of the first VIP day, all editions of the robots had sold for $100,000 each.

gustav klimt blumenwiese blooming meadow lauder sale 1234762091

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.

dubai reveals plans for first modern and contemporary art museum 1234759438

Dubai has announced plans for its first museum dedicated to modern and contemporary art, the Dubai Museum of Art (DUMA), designed by Pritzker Prize-winning Japanese architect Tadao Ando. Located along Dubai Creek, the five-story museum will feature a curved shell inspired by the sea and pearl, with a central roof opening, library, study rooms, and flexible spaces for art fairs. The project is developed by the Al-Futtaim Group with support from Dubai's ruler Sheikh Mohammed bin Rashid Al Maktoum. No opening date has been set.

justin sun david geffen feud heats up 1234741811

Crypto billionaire Justin Sun and entertainment mogul David Geffen are locked in an escalating legal battle over Alberto Giacometti's sculpture *Le Nez*. Sun purchased the work for $78.4 million at Sotheby's in 2021, but claims his former art adviser Sydney Xiong fraudulently sold it to Geffen for $10.5 million in cash and two paintings, using forged documents and fictitious lawyers. Sun filed suit in New York in February; Geffen countersued in April, calling the allegations "bizarre and baseless" and accusing Sun of "seller's remorse." Sun's legal team now asserts that Xiong has been detained in China since February, while Geffen's camp points to inconsistencies in Sun's story and his broader financial and legal troubles.

Final book in trilogy asks: What is the future of the art world?

Cultural strategist András Szántó has published the third and final volume of his trilogy on the future of museums, titled *What Is the Future of the Art World?*. The book features dialogues with a wide range of art-world figures—including gallerists José Kuri and Atsuko Ninagawa, collectors Alain Servais and Sylvain Levy, artists William Kentridge and Holly Herndon & Mathew Dryhurst, curator Fatoş Üstek, network scientist Albert-László Barabási, former Art Basel director Marc Spiegler, and Sheikha Al-Mayassa Al Thani—who discuss topics such as the definition of the art world, its rules, and its future trajectory. Szántó notes that there is no consensus on whether the art world is still expanding or entering a phase of slowdown, with different regions moving on divergent paths.

the round up 2025s highs lows and wtfs 2713053

In this year-end roundup episode of The Art Angle, co-hosts Kate Brown and Ben Davis, joined by Artnet Pro editor and art critic Andrew Russeth, review the defining trends, themes, and stories of 2025. They cover the art market's slump and subsequent rebound in New York's fall auctions and Art Basel Miami Beach, the political impact of Trump 2.0 on arts funding and museum governance, the question of a 'post-woke' art world, the return of digital art, and the ongoing power of red chip art. The episode also highlights the multi-front crisis facing institutions due to changing public expectations, rising costs, and political shifts, alongside lighter, unusual stories from the art world.

work of the week basquiat onion gum 2731165

Jean-Michel Basquiat's 1983 painting *Onion Gum*, priced at $21.5 million, was one of the most expensive works for sale at the 23rd edition of Art Basel Miami Beach. The large square canvas, featuring a white head and handwritten text, has a long market history: it sold for $7.36 million at Sotheby's in 2012 to hedge fund manager Daniel Sundheim, then failed to meet its estimate at auction in 2016, fetching $6.6 million. Since 2017, Van de Weghe Gallery has used the work as collateral for bank loans, showing it at multiple Art Basel fairs with prices rising from $16.5 million in 2018 to the current $21.5 million.

art basel awards 2025 2725231

Art Basel launched its inaugural Art Basel Awards ceremony at the New World Center in Miami Beach during Art Basel Miami Beach week. The awards, first introduced in New York in May, recognized 36 medalists across categories including Icon, Established, Emerging, Patron, Institution, Curator, and Media & Storytelling. Top winners included Cecilia Vicuña (Icon), Nairy Baghramian and Ibrahim Mahama (Established), Mohammad Alfaraj and Saodat Ismailova (Emerging), and Meriem Bennani (BOSS Award). The event was hosted by musician and collector Kasseem "Swizz Beatz" Dean, with performances by cellist Kelsey Lu and recorded narration by actor Emma D'Arcy. Each artist received $50,000, and established artists will debut commissions at Art Basel in Switzerland next year.

miami water taxis basel 2721464

Miami is expanding its free water taxi service and shuttle routes for Art Week 2024, which coincides with Art Basel Miami Beach. The city will increase the number of water taxis from four to seven, operating between Maurice Gibb Memorial Park and the Venetian Marina, with service running from December 1 to December 7. Shuttles will connect the convention center to the Design District, mid-beach, and South Beach, where fairs like SCOPE, Untitled Art, SATELLITE, and Aqua Art Miami are held. The Transit mobile app will track all services in real time.

art market minute jul 28 2671920

Artnet News reports that AI-generated artworks are achieving record prices at art fairs and auction houses, with increasing presence in major exhibitions like the Digital Art Mile during Art Basel and a dedicated AI art auction at Christie's. The article features commentary from Artnet's European news reporter Jo Lawson-Tancred, who discusses how artificial intelligence is transforming both the market and business practices in the art world, while noting lingering concerns about market readiness and ethics.

First-ever oil painting depicting an artist at work to star in female Old Master exhibition

The first-ever exhibition dedicated to Catharina van Hemessen, Europe's most important early female painter, will open at the Snijders&Rockox House in Antwerp (15 October 2026 – 31 January 2027) before traveling to the National Gallery in London (4 March – 30 May 2027). The show will reunite most of her surviving works for the first time in nearly 500 years, including her groundbreaking 1548 self-portrait at the Kunstmuseum Basel, which is the earliest known self-portrait by a female artist and the earliest surviving oil painting depicting an artist at work. Archival research on her family is underway, and the exhibition will also feature works by her father, Jan Sanders van Hemessen.

‘In every drop of paint he slurped, you see the Holocaust’: the genius and torments of Georg Baselitz

Georg Baselitz, the German painter and sculptor known for his provocative confrontations with Nazi history, has died. Born in 1938, he was one of the last living artists with direct childhood memories of the Third Reich. His early works, such as *Die große Nacht im Eimer* (1961) and his upside-down German eagles, deliberately shocked postwar West Germany by depicting obscene, shameful images of a society trying to forget the Holocaust. He famously exhibited a zombie Hitler woodcarving at the 1980 Venice Biennale alongside Anselm Kiefer, insisting on confronting rather than ignoring the Nazi heritage of the German Pavilion.