Vasari Art Codex

article news schedule Jul 17, 2025 visibility 4 link 5 artists, 2 galleries

tim blum unplugs from the gallery machine 1234746678

Tim Blum, co-founder of the influential Blum & Poe gallery, is stepping away from the traditional gallery model after more than 30 years. He told ARTnews that the decision was driven by burnout with the relentless cycle of art fairs, openings, and obligations, not by financial strain. His Tokyo and Los Angeles locations will close after summer exhibitions, and a planned New York space may not open as a conventional gallery. Blum will instead pursue a more flexible model involving special projects and collaborations, while continuing to buy and sell art personally.

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trending_up market schedule Jul 17, 2025 visibility 7 link 11 artists, 3 galleries

adam lindeman to close venus over manhattan 1234747091

Adam Lindemann, a collector-turned-dealer, announced he will close Venus Over Manhattan, the New York gallery he founded 14 years ago. The gallery's final exhibition, a solo show for painter Susumu Kamijo, will run until July 18. Lindemann revealed the decision in an opinion piece for Artnet News, citing the challenges of straddling the roles of collector and dealer, as well as the politics of art fairs. He plans to return to collecting full-time.

newspaper ARTnews open_in_new Read original

article news schedule Dec 22, 2025 visibility 19 link 26 artists, 24 galleries

contemporary art galleries 2025 2731623

The article reflects on the closure of several notable contemporary art galleries in 2025, including Clearing, Blum, High Art, Venus Over Manhattan, Sperone Westwater, Galerie Francesca Pia, Tilton Gallery, Altman Siegel, Kasmin, Rena Bransten Gallery, L.A. Louver, and Canal Projects. It opens with a eulogy for Florine Stettheimer by Georgia O'Keeffe, drawing a parallel between the artist's unique way of life and the distinctive, charismatic spirit of galleries that have shuttered. The author recounts personal experiences at now-closed spaces like Metro Pictures, JTT, and Clearing, and quotes dealer Olivier Babin and the legendary Leo Castelli on the fleeting importance of galleries.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jul 8, 2025 visibility 7 link 13 artists, 8 galleries

life size labubu record asia art news 2659577

The article reports on a record-breaking auction sale of a 4-foot-4-inch Labubu doll, which sold for RMB 1.08 million ($150,300) at Yongle International Auction in Beijing, with premium reaching RMB 1.24 million ($174,000). The character was created by Hong Kong artist Kasing Lung, who also collaborated with Art Basel on a limited edition. Other key developments include the closure of the Art Basel Hong Kong satellite fair Supper Club after two editions, Frieze announcing a new year-round space called Frieze House Seoul in Yaksu, and Blum gallery taking on global representation of Japanese ceramic artist Kimiyo Mishima's estate. The article also covers upcoming exhibitions by Christine Ay Tjoe at White Cube New York, Seulgi Lee at Ikon Gallery Birmingham, Kenny Scharf at the Modern Art Museum Shanghai, and Trevor Yeung's adaptation of his Venice Biennale show at M+ Hong Kong.

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trending_up market schedule Sep 24, 2025 visibility 13 link 29 artists, 3 galleries

tilton gallery closure 1234753483

Tilton Gallery in New York has announced that its upcoming exhibition, featuring late abstract painter Ruth Vollmer, will be its last. The show runs from September 30 to November 15, after which the gallery will vacate its Upper East Side space. The decision was made by Connie Rogers Tilton, Jack Tilton's widow, who has run the gallery since his death in 2017. She stated it is time to pursue her own projects in a more private setting. The gallery was founded in 1983 by Jack Tilton, who previously worked for Betty Parsons, and was known for launching careers of artists like Marlene Dumas, Nicole Eisenman, and Glenn Ligon, as well as promoting Chinese artists in the 1990s.

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trending_up market schedule Sep 11, 2025 visibility 7 link 10 artists, 6 galleries

hannah hoffman bridget donahue gallery merger 1234751560

New York dealer Bridget Donahue and Los Angeles dealer Hannah Hoffman are merging their eponymous galleries to form a new operation called Hoffman Donahue, with spaces in both cities. The combined gallery represents 43 artists, including Puppies Puppies and Lynn Hershman Leeson, and its roster is more than 70 percent women artists. The merger will be fully integrated by 2026, with its official debut at Art Basel Paris. The dealers previously worked together at Gavin Brown's Enterprise and have collaborated on art fair booths.

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trending_up market schedule Dec 17, 2025 visibility 10 link 9 artists, 8 galleries

The Art Market Year in Review

The art market experienced a turbulent 2025, beginning with a 12% decline in sales from 2024, following a 3% drop in 2023, as reported by the Art Basel and UBS Global Art Market Report. Major auction houses Christie’s, Sotheby’s, and Phillips saw average sales fall 6% in the first half of the year. However, the market rebounded by autumn, with strong sales at London and Paris art fairs and a 15% year-on-year increase in auction sales at the three main houses by December, according to Pi-eX. Key events included Sotheby’s failed sale of Alberto Giacometti’s *Grand tête mince* in May, followed by a record-breaking $236 million sale of Gustav Klimt’s *Portrait of Elisabeth Lederer* in November, and a $31.4 million record for François-Xavier Lalanne’s *Hippopotame Bar*.

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article local schedule Dec 3, 2025 visibility 8 link 16 artists, 2 galleries

Inman Gallery Opens New Space in Midtown Houston

Inman Gallery in Houston is relocating to a new 8,500-square-foot space at 1502 Alabama Street in the Midtown neighborhood, after 20 years at its North Main Street location. Owner Kerry Inman will celebrate the move with a group exhibition titled *The Long View*, opening December 6, featuring 37 artists including JooYoung Choi, Erika Blumenfeld, and Angela Fraleigh. The building, originally an auto-body shop and later the Station Museum of Contemporary Art, was renovated by Dillon Kyle Architects to include three exhibition galleries, with a design concept likened to a geode—rough exterior, jewel-like interior.

newspaper Glasstire open_in_new Read original

trending_up market schedule Sep 7, 2025 visibility 3 link 11 artists, 5 galleries

The Storm Hits the Art Market

The article reports on the severe downturn in the art market during the first half of 2025, focusing on the closure of New York-based Clearing gallery. Despite opting out of Art Basel to host an alternative exhibition in a rented villa to cut costs, the gallery could not survive its financial losses and announced bankruptcy in August. It is one of several prominent galleries—including Blum, Venus Over Manhattan, and Kasmin—that have closed amid falling sales, high overheads, and reduced collector spending.

newspaper Artnet News open_in_new Read original

person people schedule Aug 27, 2025 visibility 14 link 33 artists, 9 galleries

New York Dealer Hal Bromm Can’t Remember His Last Art Fair. He Couldn’t Be Happier

Hal Bromm, a New York art dealer who opened his gallery in Tribeca decades before it became a gallery hub, is celebrating 50 years in the neighborhood. He opened in 1974, predating the wave of galleries that moved to Tribeca around 2013, and has remained at 90 West Broadway since 1977. To mark the milestone, he will present the exhibition “50: The View from Tribeca” on September 19 and publish a book, *New Art, Old Buildings: Stories from Hal Bromm’s Tribeca*. Bromm reflects on his early career, including introducing artists like Donald Judd, Alighiero Boetti, and Mario Merz to New York audiences, and his instinct-driven approach to selecting artists.

newspaper Artnet News open_in_new Read original

article news schedule Sep 10, 2025 visibility 3 link 4 artists, 1 gallery

jeff poe blum collector helen mcnicoll morning links 1234749492

Jeff Poe, co-founder of the now-closed Blum & Poe gallery, gave an interview to Artnet News reflecting on his departure from the gallery in 2023 and the challenges of running a gallery. He spoke about the financial risks, travel, and exposure that led him to seek a simpler path, without mentioning his former partner Tim Blum. Separately, Hypebeast published a story titled 'The Slow Death of the Contemporary Art Gallery,' arguing that rising rents and changing expectations are forcing galleries to adapt, with collectors increasingly focusing on 'red-chip' artists driven by viral buzz rather than institutional backing.

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article news schedule Aug 3, 2025 visibility 6 link 3 artists, 3 galleries

blum staffers speak closure ex art basel boss slams art financialization 1234748683

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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trending_up market schedule Dec 12, 2025 visibility 6 link 6 artists, 2 galleries

frank frazetta fantasy art market 2725011

Frank Frazetta's iconic painting *Conan the Berserker* (1967) is being auctioned at Heritage Auctions with an opening bid of $10 million. The work, originally created for the cover of the 1967 paperback *Conan the Conqueror*, has become one of the definitive images of the fantasy hero. This year alone, five Frazetta paintings have sold for over $1 million, including *Man Ape* (1966) which fetched $13.5 million in September. The artist's total sales volume was just $674,640 in 2018, according to the Artnet Price Database.

newspaper Artnet News open_in_new Read original

trending_up market schedule Oct 31, 2025 visibility 7 link 8 artists, 4 galleries

project native informant gallery london closes 1234759675

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.

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trending_up market schedule Sep 12, 2025 visibility 6 link 5 artists, 4 galleries

art market reporting doom coverage 1234751514

Artnet News released its mid-year intelligence report on the art market, led by Katya Kazakina's analysis titled “The Storm Hits the Art Market: Who’s Getting Swept Away?” The article cites major gallery closures including Blum, Venus Over Manhattan, and Kasmin, and quotes a collector warning that “blood will flow in the streets” before the market recalibrates. Kenny Schachter, an artist, dealer, and Artnet columnist, publicly criticized the coverage on Instagram, calling it alarmist and arguing that the market is “fucking fine.” The exchange has sparked a debate about the fairness and responsibility of art-market reporting.

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trending_up market schedule Oct 14, 2025 visibility 5 link 2 artists, 6 galleries

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.

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article news schedule Jul 18, 2025 visibility 7 link 2 artists

guggenheim asher legal brawl reactions 1234747784

A bitter legal battle has erupted between prominent art advisors Barbara Guggenheim and her former partner Abigail Asher, whose firm Guggenheim Asher Associates (GAA) has collapsed. Guggenheim accused Asher of misusing firm funds for personal expenses and claiming up to $20.5 million in future commissions. Asher countersued, alleging Guggenheim stole money for personal costs including her husband's funeral, bullied her, and encouraged her to build a relationship with convicted sex offender Jeffrey Epstein. The dispute has drawn widespread attention in the art world, with collector Sylvain Levy calling it a moment of reckoning for an industry built on trust and discretion.

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trending_up market schedule Jul 2, 2025 visibility 5 link 5 artists, 3 galleries

Tim Blum will phase out traditional gallery model, close Los Angeles and Tokyo locations

Tim Blum, co-founder of the influential Los Angeles gallery Blum (formerly Blum & Poe), announced he will phase out the traditional gallery model, closing the gallery's permanent public spaces in Los Angeles and Tokyo. Blum cited burnout from the relentless demands of art fairs and gallery openings, emphasizing the decision is about the system, not the market. The gallery, which introduced American audiences to Japanese artists like Yoshitomo Nara and Takashi Murakami and gave early shows to Mark Grotjahn and Anna Weyant, will shift to a more flexible model involving collaborations and special projects. A previous New York space closed in 2023, and a Tribeca space's future remains undetermined.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 6 link 2 artists

klimt waldabhang unterach attersee lauder sale 1234762095

Gustav Klimt's landscape painting *Waldabhang in Unterach am Attersee* (1916) sold for $70.8 million at Sotheby's on Tuesday night, hammering at $61 million. The work was the third Klimt painting sold by Sotheby's from the collection of the late mega-collector Leonard A. Lauder, and was the first Klimt landscape Lauder ever purchased. The sale comes after Lauder's other Klimt landscapes achieved record prices, including *Blumenwiese* ($86 million) and his portrait of Elisabeth Lederer ($236.4 million).

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trending_up market schedule Nov 19, 2025 visibility 5 link 6 artists

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.

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person people schedule Nov 14, 2025 visibility 7 link 7 artists

friedrich kunath 2702451

Artist Friedrich Kunath, known for his sincere yet absurd paintings, discusses his unlikely friendship with tennis star Reilly Opelka, who is also an art collector. The two share a mutual obsession with each other's crafts—Kunath coaches Opelka in tennis, while Opelka seeks Kunath's insights on artists like Philip Guston. Kunath is preparing for his solo debut at Pace Gallery in New York this November, following his move from Blum Gallery, which closed shortly after. He reflects on the loneliness of both tennis and art, and his creative process, which draws heavily from music and film.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jul 15, 2025 visibility 5 link 2 artists, 3 galleries

french art galleries struggle amid wavering art market survey reveals 1234747374

A survey by market researcher Iddem, conducted among the Professional Committee of Art Galleries (CPGA), reveals that 85% of French gallery owners are pessimistic about the art sector's economic outlook in 2025. Turnover among French galleries dropped 6% in 2024, while the global art market fell 12% per the UBS Art Basel 2025 report. Philippe Charpentier, new CPGA president, told Le Monde the market has regressed to 2010 levels, with one-fifth of dealers reporting sales declines of over 20%. France also struggles to attract young collectors, unlike Asian markets where buyers average in their thirties, according to CPGA vice president Magda Danysz.

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trending_up market schedule Jul 22, 2025 visibility 3 link 4 artists, 3 galleries

dog days art market 2668911

The article reports on a severe downturn in the art market during summer 2025, with gallery closures, declining auction sales, and widespread pessimism. Notable dealers Tim Blum and Adam Lindemann have shut their galleries, and a survey by France's Professional Committee of Art Galleries (CPGA) found 85% of respondents pessimistic about the sector's economic health, with turnover down 6% in 2024. The Art Dealers Association of America (ADAA) canceled its October Art Show in New York, and some dealers are considering small business loans to cover costs. Meanwhile, galleries like Goodman Gallery are embracing e-commerce to adapt.

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museum exhibitions schedule Jan 23, 2026 visibility 15 link 31 artists, 14 galleries

Abundance of botanical forms and monumental paintings reflects optimism at San Francisco’s Fog Design+Art fair

The 12th edition of Fog Design+Art in San Francisco opened with a record-breaking preview gala on January 21, drawing over 2,700 guests. The fair features 65 presentations from local and international dealers, with standout booths including Jessica Silverman's blue-hued works and Hauser & Wirth's $1m sale of Jack Whitten's 'Solar Space' (1971). Large-scale paintings dominate, alongside a notable abundance of botanical imagery, while geometric abstractions outnumber representational works. The fair's director, Sydney Blumenkranz, noted a particularly buoyant mood and strong attendance from tech industry leaders.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Dec 19, 2025 visibility 11 link 6 artists, 8 galleries

Art market 2025 review: all eyes on the Gulf as Trump destabilises global order

The global art market continued to contract in 2025, with prominent galleries such as Blum, Clearing, Sperone Westwater, Tilton, Kasmin, TJ Boulting, Project Native Informant, Nir Altman, and Altman Siegel closing due to challenging macroeconomic conditions. However, a rebound emerged at the top end by autumn, driven by Sotheby's white-glove sale of the Pauline Karpidas collection, strong VVIP sales at Art Basel Paris, and New York's November auctions, where Klimt's *Portrait of Elisabeth Lederer* (1914-16) sold for $236.3 million and Frida Kahlo's *El Sueño (la cama)* (1940) for $54.7 million. Christie's and Sotheby's reported increased sales from 2024, with second-half auctions up 26% year-on-year, though recovery remains uneven and concentrated in classic secondary-market tastes.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Dec 18, 2025 visibility 17 link 12 artists, 23 galleries

Five forces that reshaped the art market in 2025

In 2025, the art market faced significant challenges, including gallery closures and unfavorable auction results in the first three quarters, driven by geopolitical pressures such as US President Donald Trump's tariffs. However, a rebound occurred in autumn, with buoyant fairs like Frieze London and Art Basel Paris, and strong November auctions in New York totaling over USD 2 billion, carrying momentum to Art Basel Miami Beach. Key events included Gustav Klimt's *Portrait of Elisabeth Lederer* selling for USD 236.4 million at Sotheby's, a record for a Modern work, and a Frida Kahlo self-portrait setting a new record for a work by a woman. Meanwhile, several galleries closed, including Blum, Venus Over Manhattan, Clearing, Kasmin Gallery, Tilton Gallery, and Perrotin and Pace's Hong Kong outposts, while others expanded, such as Thaddaeus Ropac in Milan and Hauser & Wirth in Sicily.

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trending_up market schedule Sep 5, 2025 visibility 10 link 34 artists, 21 galleries

The Armory Show jumpstarts New York art market after summer of hand-wringing

The Armory Show opened its 2024 edition in New York with solid sales during the VIP preview on September 4, providing a positive signal for the city's art market after a summer marked by gallery closures and economic uncertainty. The fair saw the return of over 20 galleries that had previously taken a hiatus, including Andrew Kreps, Uffner and Liu, Instituto de Visión, and White Cube for the first time since 1994. Fair director Kyla McMillan emphasized the importance of rooting the fair in New York and praised exhibitors for taking risks with experimental works, such as Nikita Gale's installation 'Interceptor' (2025), which sold for $60,000 before the preview began.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Aug 7, 2025 visibility 7 link 10 artists, 8 galleries

‘Everyone's suffering right now’: New York and Los Angeles gallery Clearing will close

Clearing, the influential New York and Los Angeles gallery that launched the careers of many prominent artists, will close both locations. Founder Oliver Babin announced the closure on August 7, citing crushing overhead costs—rent, shipping, and art fair expenses—that outpaced declining revenue. The gallery opened in 2011 in Bushwick, later moved to the Bowery in Manhattan in 2023, and expanded to Brussels and Los Angeles. Babin described the decision as inevitable, noting that the gallery had been kept alive by hope but now faces no viable path forward. The closure follows a wave of US gallery shutdowns this summer, including Kasmin, Venus Over Manhattan, and Tim Blum’s spaces.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Dec 3, 2025 visibility 8 link 5 artists, 4 galleries

Southern Guild gallery to close in Los Angeles, open in New York

Southern Guild, a gallery founded in Cape Town, South Africa, is closing its Los Angeles location, which opened in February 2024, and will open a new 4,000-square-foot space in Manhattan's Tribeca neighborhood in March 2026. The gallery is making its debut at Art Basel Miami Beach this week, featuring works by artists including Zizipho Poswa, Marcus Leslie Singleton, Zanele Muholi, Chloe Chiasson, and Ambrose Rhapsody Murray. Director Andréa Delph, who led the LA outpost, will relocate to New York to head the new space.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Nov 24, 2025 visibility 10 link 8 artists, 5 galleries

Stephen Friedman to close New York gallery, two years after opening the Tribeca space

Stephen Friedman, the Canadian-born, London-based dealer, will close his New York gallery in Tribeca at the end of February 2026, less than three years after opening the space in October 2023. The decision is described as a strategic evolution to consolidate operations in London, where several new directors have been hired. The gallery's artist roster will remain unchanged, and Friedman plans to stay active in the US art scene through major fairs. The closure follows a challenging period marked by a £1.7m loss in 2023 due to renovation costs and a downturn in the art market, with cash flow currently tight after slow exhibition sales.

newspaper The Art Newspaper open_in_new Read original