kasmin closes olney gleason opens 1234749018

New York's Kasmin gallery is closing after 35 years, transitioning into a new venture called Olney Gleason, led by Nick Olney (Kasmin's president since 2020) and Eric Gleason (senior director since 2013). The plan was discussed with founder Paul Kasmin before his death in 2020, and the estate is fully supportive. Olney Gleason will open its first exhibition this fall in Chelsea with a roster of about 25 artists and estates, around 80 percent of whom began working with Kasmin within the last five years.

rene magritte les lalannes exhibition di donna galleries 1234748525

Di Donna Galleries in New York will present a major exhibition titled “Magritte and Les Lalanne: In the Mind’s Garden,” opening October 8, 2025, in collaboration with London-based Ben Brown Fine Arts. The show features over 50 works—paintings, works on paper, and sculptures—by Belgian Surrealist René Magritte and French sculptors François-Xavier Lalanne and Claude Lalanne, including rare loans from private collectors and the Lalanne estate. Highlights include Magritte’s *L’ami intime* (1958), which sold for £33.66 million at Christie’s, and François-Xavier Lalanne’s *Hippopotame I* (1968/1998) and “Sauterelle” Bar (1970).

bronze rhinoceros desk francois xavier lalanne sothebys 1234744810

A life-size bronze rhinoceros desk by François-Xavier Lalanne, titled *Grand Rhinocéros II* (2003), sold for $16.422 million at Sotheby’s Important Design day sale in New York on June 11. The piece, which measures over four feet wide and 8.5 feet long, had a pre-sale estimate of $3–5 million. After 45 bids over 13 minutes, it hammered at $13.75 million, with the final price including buyer’s premium. The sculpture was the first of eight editions and had been acquired from Galerie Mitterand in Paris in 2003.

Sotheby’s Closes Marquee Week With $186.1M in Contemporary Sales

Sotheby’s closed its May marquee auction week with $186.1 million in combined contemporary sales across three sessions on May 16. The evening began with a white-glove sale of 12 works from Barbara Gladstone’s personal collection, fetching $18.8 million, followed by a $40.4 million sale from Daniella Luxembourg’s collection, which signaled revived appetite for Italian postwar art. The main Contemporary Evening Auction saw strong bidding for emerging artists like Danielle Mckinney and Mohammed Sami, though some high-profile lots like Richard Prince’s Man Crazy Nurse fell short of estimates.

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*.

Record Prices, New Buyers and Global Reach: Design’s Moment Has Arrived

Global auction sales for design, decorative arts, and furniture surged 20.4 percent to $172 million in the first half of 2025, according to ArtTactic, while other art market segments declined. Sotheby’s design sales in New York and Paris reached $75 million combined, among the highest totals ever for the category, with Christie’s and Phillips also posting strong results. Record prices were set for works by Tiffany Studios, including the Danner Memorial Window ($12.4 million) and a Frank Lloyd Wright lamp ($7.5 million), fueled by new and younger buyers and institutional acquisitions.

Décès de Bruno Bischofberger

Bruno Bischofberger, the influential Swiss gallerist and art dealer, has died. Known for his Zurich gallery that represented major contemporary artists, Bischofberger played a pivotal role in the careers of figures like Jean-Michel Basquiat, Andy Warhol, and Francesco Clemente. His death marks the end of an era for the post-war and contemporary art market.

tefaf new york art fair trump tariffs impact 1234740253

New tariffs imposed under the Trump administration are causing significant disruptions for art professionals shipping works to major New York art fairs, particularly TEFAF New York. Shipping companies report a 'torturous road' as galleries navigate complex import taxes—including 7.5% on Chinese artworks, 25% on steel and aluminum sculptures, and 10% on jewelry, furniture, and design pieces—while many original artworks, antiques over 100 years old, and collector's pieces remain exempt. Galleries are modifying operations by renting booth furniture, showing items already stored in the US, and avoiding shipments from China, with some classifying antiquities broadly as 'sculpture' to simplify customs clearance.

Inside Pauline Karpidas’s Legendary Surrealist Collection Bound for Auction

The legendary Surrealist collection of the late Pauline Karpidas, a renowned art patron and collector, will be auctioned at Sotheby's London in September 2025. The sale spans approximately 250 lots from her eccentric London home, featuring masterworks by René Magritte, Leonora Carrington, Salvador Dalí, Max Ernst, and Les Lalannes. The collection is expected to fetch over £60 million ($81 million), the highest estimate ever placed on a single collection at Sotheby's Europe. Highlights include Magritte's 'La Statue volante' (1940–41), estimated at £9–12 million, and works acquired directly from the estates of Surrealist figures like André Breton and Paul Éluard.

Jewelry By Picasso, Dalí on Display at Florida Art Museum

A new exhibition titled "Artists’ Jewelry: From Cubism to Pop, the Diane Venet Collection" has opened at the Norton Museum of Art in West Palm Beach, Florida. It features over 150 pieces of artist-designed jewelry from the personal collection of Diane Venet, including works by Pablo Picasso, Salvador Dalí, Alexander Calder, and Yoko Ono, displayed alongside about sixty companion works from the museum's permanent collection.

A New York si è svolta un’asta di oggetti di design con risultati clamorosi (specchi da 30 milioni e altro ancora)

On April 22, 2026, Sotheby's in New York auctioned the first part of the Jean and Terry de Gunzburg collection, comprising around 125 exceptional design and contemporary art pieces. The sale, held at the Breuer Building, achieved a complete sell-out and became the most valuable design auction ever in the United States, totaling $96 million. A highlight was a new auction record for Claude Lalanne: a set of fifteen mirrors originally commissioned by Yves Saint Laurent sold for over $30 million, surpassing the previous record set by her husband François-Xavier Lalanne's Hippopotame Bar.

8 exhibitions to see in Vienna for spring 2026

8 mostre da vedere a Vienna per la primavera 2026

Vienna's 2026 spring season features a diverse array of major exhibitions across its leading institutions. Highlights include a landmark survey of Canaletto and Bernardo Bellotto at the Kunsthistorisches Museum, featuring 32 high-quality paintings including international loans from the Wallace Collection and Berlin’s Gemäldegalerie. Other significant shows include "Animalia" at the Heidi Horten Collection, which explores the blurred lines between humans and animals through 90 works of art, and a major Gustave Courbet retrospective at the Leopold Museum.

The New Victoria & Albert Museum Opens in April: Once Again in East London

Ad aprile inaugura il nuovo museo del Victoria&Albert. Ancora una volta nell’East London

The Victoria & Albert Museum has announced the official opening date for the V&A East Museum, a new five-story cultural landmark in London’s Queen Elizabeth Olympic Park. Designed by architects O’Donnell + Tuomey, the museum will debut on April 18, 2026, featuring two permanent galleries titled "Why We Make" that showcase over 500 objects ranging from Renaissance paintings to contemporary fashion by Vivienne Westwood. The entrance will be anchored by a monumental bronze sculpture by Thomas J Price, marking the start of a robust contemporary commission program.

A dreamscape in violet: Zao Wou-Ki’s "27.01.83" sells for US$2.3m at China Guardian Hong Kong

China Guardian Hong Kong's 2025 Autumn Auctions achieved approximately HK$70 million (US$8.9 million) in its Asian 20th Century and Contemporary Art Sale on 8 October. The top lot was Zao Wou-Ki's abstract canvas *27.01.83* (1983), which sold for HK$17.7 million (US$2.3 million), more than doubling its low estimate. The second-highest result was Li Chen's bronze sculpture *Dragon-Riding Buddha* (2001), which fetched nearly HK$11.15 million (US$1.4 million). The sale recorded an 85% sell-through rate across 99 lots.

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.

food marcel sothebys restaurant roman williams

Marcel, a new restaurant, opened on April 17 in the lower level of Sotheby’s new home at the Marcel Breuer building on the Upper East Side. Designed by Roman and Williams in partnership with the auction house, the space features walnut-paneled walls, an open kitchen, and a pâtisserie. Chef Marie-Aude Rose, who also oversees La Mercerie downtown, created a “continental” menu rooted in French technique but influenced by Breuer’s Hungarian heritage, with dishes like chicken paprikash and lobster bisque with turmeric and ginger. The wine list comes from Sotheby’s own collection, allowing guests to purchase bottles they enjoy during their meal.

art collector questionnaire negotiations acquisition

CULTURED magazine asked art collectors to share their strangest negotiation experiences with artists or dealers. Responses range from a late-night studio sale in a dark East Atlanta alleyway to accidentally bidding on a second impression of a Picasso etching at auction. Other tales include haggling over a borrowed frame after a Christie's purchase, a dealer insisting the artwork be displayed in a specific room, and acquiring a Rick Lowe painting sight unseen from Gagosian after seeing it at the Venice Biennale. The survey reveals the quirky, human side of art transactions often hidden behind market mythology.

The Art Trade Is Taking Calculated Risks With A.I.

The article examines how the art trade is cautiously experimenting with artificial intelligence, noting that while AI tools are being developed to attract newer collectors, the industry remains heavily reliant on trust and personal relationships that technology cannot replicate. It also reports on Fair Warning's new 'No Warning' sealed-bidding auction format, reflecting a rise in private auctions, and highlights a Sotheby's New York sale of the Jean and Terry de Gunzburg collection that set a U.S. record for design auctions at $96 million, led by a set of 15 mirrors by Claude Lalanne for Yves Saint Laurent that sold for $33.5 million.

Claude Lalanne Mirror Ensemble Sells for $33.5 M., Breaking Design Auction Records

A custom ensemble of 15 mirrors by Claude Lalanne sold for $33.5 million at Sotheby's New York, shattering the artist's previous auction record and setting a new global benchmark for the most expensive design work ever sold at auction. The piece, commissioned in 1974 for Yves Saint Laurent and Pierre Bergé's Paris home, far exceeded its $10-15 million estimate.

Yves Saint Laurent’s Lalanne Mirrors Set for $15 Million Sale

Sotheby’s has announced the sale of a monumental set of 15 gilt-bronze mirrors by Claude Lalanne, originally commissioned by fashion icon Yves Saint Laurent for his Paris apartment. The mirrors are the centerpiece of a 123-lot auction from the collection of Jean and Terry de Gunzburg, scheduled for April 22 at the Sotheby’s Breuer building. Estimated to fetch between $10 million and $15 million, the mirrors represent a significant appreciation in value since the de Gunzburgs acquired them for approximately $2.4 million at the historic 2009 Saint Laurent estate sale.

lalanne hippopotamus bar 31 million record 2727425

A 1976 Hippopotamus Bar by François-Xavier Lalanne sold for $31.4 million at Sotheby's after a 26-minute bidding war, setting a new auction record for the French artist. The hand-wrought copper, steel, and wood piece, commissioned by art patron Anne Schlumberger, is the only copper prototype from the series and features concealed compartments for bottle storage, ice bucket, and glassware. The sale was part of the Schlumberger collection, which also included a gold-patinated bronze armchair by Claude Lalanne that fetched $1 million and a pair of bronze gates that sold for $787,400.

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François-Xavier Lalanne’s copper sculpture-bar 'Hippopotame Bar' sold for $31.4 million at Sotheby’s in New York, more than tripling its $7–10 million estimate after a 26-minute bidding war among seven bidders. The work, commissioned in 1976 by patron Anne Schlumberger and unique in its copper execution, set a new auction record for the artist and became the most expensive work of design ever sold at auction. The sale capped a year of strong performance for Lalanne’s hybrid animal-furniture works, which have consistently outperformed expectations even in a tougher art market.

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The summer 2025 auction season concluded with total sales of $85.7 million, a significant drop from $105 million the previous year. The top lot, François-Xavier Lalanne's *Grand Rhinocrétaire II* (2003), sold for $16.42 million at Sotheby’s New York, far below last June’s $29 million top price. Other notable results include Tamara de Lempicka’s *La Belle Rafaëla* (1927) at $10.18 million, two Jean-Michel Basquiat works, and a strong showing by Jacek Malczewski’s *Reality* (1908) at Desa Unicum in Warsaw.

francois xavier lalanne rhinoceros bar sothebys 2656054

Sotheby's design sale in New York achieved the second highest auction price ever for a work by French artist François-Xavier Lalanne, with his monumental sculpture desk *Grand Rhinocrétaire II* (1964) selling for $16.4 million—more than triple its $5 million high estimate. The piece, which opens into a fully functional writing desk, sparked a 13-minute bidding battle. Just weeks earlier, another Lalanne work, *Bar aux Autruches* (1967–68), sold for €11.1 million at Sotheby's Paris. The all-time record for Lalanne remains $19.4 million for *Rhinocrétaire I*, sold at Christie's Paris in 2023.

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Sales in the decorative-art category—including design objects, furniture, jewelry, and watches—dropped nearly 42% year on year in 2024, netting $3.3 billion, the lowest total in a decade. The average price of a decorative artwork at auction fell 39.5% to $13,010, also the lowest since 2014. Sotheby’s and Christie’s remained nearly tied, with Sotheby’s edging ahead by $72.9 million. Europe led regional sales with $1.3 billion, followed by Asia at $1 billion and North America at $898 million.

lalanne auction london 2637852

A rare complete set of Claude Lalanne's green-painted 'Ginkgo' dining suite will be auctioned at Christie's London on June 5, 2025, as part of a single-owner sale from the collection of Baron Diego von Buch. The 12-piece set, sold as four individual lots, is expected to fetch over £1 million ($1.4 million) total, with individual estimates ranging from £100,000 to £300,000 per lot. The sale includes 100 lots from von Buch's homes across Europe, featuring works by François-Xavier Lalanne, Fernand Léger, Fernando Botero, and Lee Ufan.

art shipping in turmoil as tariffs trigger delays 2636325

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 Metropolitan Museum of Art Announces the Opening of the Condé M. Nast Galleries, Designed by Peterson Rich Office

The Metropolitan Museum of Art has announced the opening of the Condé M. Nast Galleries, a 12,000-square-foot exhibition space designed by the New York-based architecture firm Peterson Rich Office (PRO). The galleries, located adjacent to the museum's Great Hall, will be inaugurated in May 2026 by The Costume Institute's spring exhibition titled "Costume Art," which explores the dressed body by juxtaposing garments from the Institute's holdings with treasures from the museum's broader collections. The project is part of a larger renovation that also includes a redesign of the Fifth Avenue and 83rd Street entrance to improve visitor flow.

Yves Saint Laurent–Owned Mirrors Shatter Record, Selling for $33.5 Million

A unique set of fifteen mirrors custom-made for fashion designer Yves Saint Laurent and his partner Pierre Bergé sold at Sotheby’s for $33.5 million, setting a new auction record for the artist Claude Lalanne. The gilt bronze, copper, and mirrored glass mirrors, created between 1974 and 1985, were originally displayed in the couple’s Paris apartment and were purchased from the collection of Jean and Terry de Gunzburg.

art david rimanelli alex katz matthew barney

The article reviews Alex Katz's latest exhibition at Gladstone Gallery in New York, featuring 11 large orange-and-white canvases depicting the road to his Maine home, alongside Matthew Barney's three-channel video work "DRAWING RESTRAINT 28" showing Katz at work on a ladder. The show, on view through December 20, 2025, pairs Katz's new paintings with Barney's video, continuing a collaboration first seen at O'Flaherty's gallery. Katz, now 98, reflects on his artistic evolution, citing Matisse's "The Red Studio" as inspiration while asserting his move away from literal representation.