Art News. Vasari Codex

trending_up market schedule Jul 4, 2025 visibility 21 link 14 artists, 4 galleries

blum a market force for three decades will close galleries 2663456

Blum gallery, a powerhouse with locations in Los Angeles and Tokyo, is closing its brick-and-mortar operations after 31 years. Founded as Blum and Poe in 1994, the gallery laid off most of its staff and will transition to a flexible studio model with no permanent public space or formal artist roster. The gallery represents high-profile artists including Yoshitomo Nara and Mark Grotjahn, whose works have sold for over $10 million. Co-founder Jeff Poe left the partnership two years ago, leaving Tim Blum in control alongside managing partner Matt Bangser.

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trending_up market schedule Dec 2, 2025 visibility 22 link 8 artists, 1 gallery

southern guild tribeca expansion 2025 1234764175

Southern Guild, the prominent Cape Town gallery co-founded by Trevyn and Julian McGowan, is opening a new outpost in a restored 19th-century Tribeca townhouse on Leonard Street in New York. The expansion comes as the gallery closes its Los Angeles space, a move the McGowans describe as instinctive rather than strategic. The new space, with its sixteen-foot ceilings and exposed brick, represents a leap of faith amid a challenging 2025 art market marked by gallery closures and industry retrenchment.

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trending_up market schedule May 5, 2025 visibility 14 link 4 artists, 1 gallery

michael werner second new york gallery sanya kantarovsky 1234740459

Michael Werner Gallery is expanding rather than contracting, opening a second New York space on the Upper East Side at 1018 Madison Avenue, just around the corner from its original location at 4 East 77th Street. The new venue was secured after the building housing the original gallery went up for sale, prompting partner Gordon VeneKlasen to search for alternatives. The inaugural exhibition features Sanya Kantarovsky, who is also joining the gallery's roster, with a two-part show titled "Scarecrow" opening May 7. The expansion was designed by architect Annabelle Selldorf, who previously worked with the gallery in 1989.

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person people schedule Nov 20, 2025 visibility 21 link 8 artists, 1 gallery

jack hanley gallery scene 2713040

Jack Hanley, a beloved and idiosyncratic New York gallerist, announced he would close his gallery after 37 years in business. In a conversation with Artnet News co-host Kate Brown, Hanley reflects on his career as a disruptor who followed instinct over market logic, giving early shows to now-iconic artists like Günther Förg, Christopher Wool, Sophie Calle, and Christian Marclay, and even hosting Beeple's first gallery show. Hanley, a former Grateful Dead roadie and avid orchid grower, also founded an art fair and ran galleries in multiple cities.

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trending_up market schedule Sep 24, 2025 visibility 22 link 11 artists, 3 galleries

picasso christies hong kong industry moves 1234753521

Christie's Hong Kong is offering Pablo Picasso's 1944 painting *Buste de femme* with a high estimate of HK$106 million (about $13.6 million) at its 20th/21st Century evening sale, making it the top lot in Hong Kong's September sales across the three major auction houses. Other notable lots include Zao Wou-Ki's *7.3.63* (estimate HK$70–90 million) at Christie's and two Yoshitomo Nara works at Sotheby's and Phillips. In other industry moves, New York's Tilton Gallery is closing after its upcoming Ruth Vollmer exhibition; Esther Schipper Gallery now represents Lotus L. Kang; Başak Doğa Temür and Nilbar Güreş will collaborate on the Turkish Pavilion at the 2026 Venice Biennale; Yan Du Project has appointed Billy Tang as artistic director; and Phillips will auction a juvenile triceratops skeleton in New York.

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trending_up market schedule Sep 16, 2025 visibility 28 link 12 artists, 3 galleries

la louver gallery closes venice huntington archive donation 1234751979

LA Louver, one of Los Angeles's longest-running galleries, is closing its physical space in Venice, California, after 50 years and shifting to private dealing. The gallery, founded in 1975 by Peter and Elizabeth Goulds, has shown artists including Marcel Duchamp, David Hockney, Ed Ruscha, and Doris Salcedo, mounting over 660 exhibitions. The Venice space will host select exhibitions by appointment, while the gallery will focus activities on a private warehouse in LA's West Adams neighborhood. The Huntington library, museum, and botanical garden will receive LA Louver's archive of photography, correspondence, and documents.

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person people schedule Aug 12, 2025 visibility 20 link 4 artists, 2 galleries

matt bangser art intelligence amy cappellazzo 1234749236

Matt Bangser, a longtime director at Blum gallery (formerly Blum & Poe), will join Art Intelligence Global (AIG) as senior director on September 8. Bangser spent 16 years at Blum overseeing global sales and securing major estates like Robert Colescott, and previously held senior posts at Van de Weghe Fine Art, Phillips, and Christie's. His move follows the closure of Blum's Los Angeles and Tokyo galleries last month, when founder Tim Blum announced he was leaving the traditional gallery model. AIG co-founder Amy Cappellazzo said Bangser's experience across galleries, auction houses, and artist studios made him a rare hire.

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article news schedule Jul 17, 2025 visibility 13 link 5 artists, 1 gallery

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 22 link 11 artists, 2 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.

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article news schedule Jul 31, 2025 visibility 27 link 25 artists, 9 galleries

Blum Gallery’s Sudden End Shocked the Art Industry. What Happened?

On July 1, 2025, Tim Blum, the powerhouse Los Angeles dealer behind Blum Gallery, announced the sudden closure of his gallery after a 35-year run. The closure includes his Culver City headquarters, his Tokyo space, and a planned Tribeca location that will no longer open. Blum publicly framed the decision as a voluntary "sunset" due to systemic industry issues like over-expansion and burnout, but interviews with artists and staff reveal a more chaotic reality: the closure blindsided employees and artists, many of whom learned about it from news reports or a last-minute staff meeting that excluded Tokyo staff. Sources cite weak sales at Art Basel and Art Basel Hong Kong, poor business decisions—including buying out partner Jeff Poe and renovating a costly New York space—and a lack of severance or transition time as underlying factors.

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trending_up market schedule Aug 20, 2025 source 2 sources visibility 25 link 7 artists, 5 galleries

tanya bonakdar gallery closes los angeles 1234749700

Tanya Bonakdar Gallery is closing its Los Angeles location after seven years, with the final exhibition being a solo show for Ben Hyunjin that ends on August 29. The gallery, which opened on Highland Avenue in 2018, decided not to renew its lease, citing a natural pause to assess its accomplishments in the city. The closure follows recent shutdowns of other LA galleries, including Blum and Clearing.

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trending_up market schedule Dec 15, 2025 visibility 22 link 1 artist, 1 gallery

art market 2026 2728664

The article reports on the outlook for the art market in 2026, following a difficult 2025. It notes signs of recovery, including decent sales in Miami and $2.2 billion in marquee New York auctions, but warns of a K-shaped recovery where some sectors will bounce back while others continue to struggle. The piece also highlights a major shift toward the Gulf region, with Art Basel launching in Qatar, Art Dubai celebrating its 20th anniversary, Frieze debuting in Abu Dhabi, and the long-awaited opening of the Guggenheim Abu Dhabi, all signaling commercial maturity in the area.

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trending_up market schedule Dec 31, 2025 visibility 18 link 2 artists, 1 gallery

Art market 2026 predictions: underwhelming rebound and another Frieze fair

The article presents five predictions for the art market in 2026, following a relatively improved but still cautious end to 2025. Key forecasts include a subdued market rebound, a shift toward smaller and cheaper artworks, the continued expansion of Frieze fairs (possibly into India), a consolidating Art Basel, and a resurgence of London's art-world clout. The predictions are informed by trends such as declining demand for art as investment, gallery closures and geographic pruning, and the thematic direction of the 2026 Venice Biennale, curated by the late Koyo Kouoh under the title "In Minor Keys."

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trending_up market schedule Mar 16, 2026 visibility 19 link 5 artists, 2 galleries

after 35 years in business galerie francesca pia becomes latest dealership to fold amid market downturn 1234758348

Galerie Francesca Pia, a fixture of the Swiss art scene for 35 years, has announced it will close its doors at the end of October. Founded in Bern in 1990 before moving to Zurich's prestigious Löwenbräukunst-Areal district, the gallery will conclude its operations following a final exhibition with American artist Wade Guyton. The closure marks the end of a significant tenure for a dealership that was a regular participant at Art Basel for over two decades.

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article policy schedule Feb 2, 2026 visibility 19 link 5 artists

biggest museums moments 2025 2719276

The past year saw major museum events dominated by high-stakes thefts and political interference. The Louvre in Paris suffered a shocking $102 million jewel heist in broad daylight, leading to arrests and an €80 million security overhaul. Other European museums, including the Drents Museum in the Netherlands, were also targeted, raising fears of an organized criminal network.

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trending_up market schedule Dec 30, 2025 visibility 17 link 2 artists

art world insiders 2026 market predictions new years 1234768290

Art world insiders share their predictions for 2026, anticipating a market rebound after a turbulent 2025 marked by gallery closures and tariff announcements. Key developments include the launch of new art fairs by Art Basel and Frieze in Qatar and Abu Dhabi, the return of the Whitney Biennial and Venice Biennale, and a surge in estate-driven sales as the Great Wealth Transfer accelerates. Experts note a revival of interest in Old Masters and classic taste, with collectors returning to bidding and galleries seeing renewed activity.

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article news schedule Nov 3, 2025 visibility 11 link 1 artist

climate activist timothy martin degas sculptures sentenced 1234759911

Timothy Martin, a climate activist with the group Declare Emergency, was sentenced to 18 months in prison for smearing paint on a glass vitrine protecting Edgar Degas's sculpture *Little Dancer, Age Fourteen* at the National Gallery of Art in Washington, D.C., in April 2023. He was found guilty of conspiracy and injury to government property, and must also pay $4,062 in restitution, perform 150 hours of community service, and is barred from entering Washington, D.C. and its museums. His co-activist, Johanna Smith, had previously pleaded guilty and served a 60-day sentence.

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trending_up market schedule Oct 28, 2025 visibility 25 link 13 artists, 2 galleries

altman siegel closes gallery san francisco 1234757474

Altman Siegel, a key gallery in San Francisco's art scene, will close in November 2025 after 16 years. Founder Claudia Altman-Siegel attributed the closure to a challenging market for mid-size galleries, stating it became too difficult to scale in the current climate. The gallery's final show is a solo exhibition by Shinpei Kusanagi, ending November 22. Its roster included artists such as Simon Denny, Lynn Hershman Leeson, Trevor Paglen, and others. The closure follows a trend of galleries shutting down or scaling back, including Blum and LA Louver in Los Angeles, and Clearing and Venus Over Manhattan in New York.

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trending_up market schedule Sep 5, 2025 visibility 27 link 17 artists, 9 galleries

clearing gallery closes 1234749090

Clearing, a New York-based gallery known for launching the careers of artists like Korakrit Arunanondchai, Harold Ancart, and Marguerite Humeau, has permanently closed its spaces in New York and Los Angeles after 14 years. Founder Olivier Babin cited an unsustainable path forward, stating the gallery could no longer operate at its standards. The closure follows a wave of New York gallery shutdowns, including Blum, Venus Over Manhattan, and Kasmin, which is transitioning into a new entity called Olney Gleason. Clearing’s final exhibitions were solo shows by Coco Young in New York and Henry Curchod in Los Angeles.

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trending_up market schedule Apr 29, 2026 source 2 sources visibility 17 link 4 artists, 3 galleries

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.

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trending_up market schedule Apr 21, 2026 source 2 sources visibility 32 link 10 artists, 2 galleries

Marian Goodman Gallery to ‘Pause’ Operations in Los Angeles

Marian Goodman Gallery is suspending operations at its Los Angeles location after two and a half years, following the conclusion of Tacita Dean's solo show on April 25. The gallery's partners announced a consolidation of programming to its historic homes in New York and Paris, stating they will evaluate the space's future while maintaining an LA presence through art fairs, special projects, and museum exhibitions.

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trending_up market schedule Mar 16, 2026 source 2 sources visibility 32 link 7 artists, 2 galleries

London’s Timothy Taylor to Close New York Outpost After a Decade

London gallery Timothy Taylor will close its New York outpost next month after nearly a decade of operation. The gallery cited current market conditions and the high costs of maintaining a second permanent space as reasons for the consolidation, though it will maintain an office and viewing room in the city.

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trending_up market schedule May 1, 2026 visibility 19 link 3 artists, 1 gallery

London Dealer Stephen Friedman Owes $10.6 M. to Dozens of Creditors, Including Artists Deborah Roberts and Kehinde Wiley

London-based gallery Stephen Friedman has accumulated debts of approximately $10.6 million, according to official documents filed with Companies House. Creditors include Coutts & Co. bank (£3.2 million), Pentland Group Ltd. (£1.4 million), the UK tax authority, the Pollen Estate, art logistics company Crozier, and several prominent artists—Alexander Diop (£341,905), Deborah Roberts (£289,232), and Kehinde Wiley (£163,849). The gallery closed its New York space in November 2024 after just two years, then abruptly shut its London location and entered insolvency proceedings in February 2025, shortly after pulling out of Art Basel Qatar. A restructuring proposal by FRP Advisory was approved on 22 April.

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trending_up market schedule Apr 6, 2026 visibility 44 link 5 artists, 4 galleries

Overdue payments to artists, landlords and workers at a popular gallery reflect pressures squeezing the dealer sector

The Hole, a prominent gallery with locations in New York and Los Angeles, is facing significant financial distress characterized by shuttered spaces and mounting legal disputes. Following a period of rapid expansion fueled by the 2021–2023 art market boom, the gallery has permanently closed its West Hollywood location and is currently facing multiple lawsuits from Manhattan landlords alleging over $180,000 in unpaid rent and taxes. Founder Kathy Grayson attributes the crisis to a sharp decline in sales starting in late 2023, which has left the gallery struggling to pay artists, staff, and creditors.

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trending_up market schedule Mar 16, 2026 visibility 29 link 12 artists, 2 galleries

london stephen friedman gallery abruptly closes insolvency 1234772248

Stephen Friedman Gallery, a fixture of London’s Mayfair district since 1995, has abruptly entered administration and closed its doors to the public. The gallery confirmed the insolvency process following its last-minute withdrawal from the inaugural Art Basel Qatar. Approximately 25 employees are expected to be laid off, and represented artists have been advised to retrieve their works immediately as the firm undergoes a financial review by FRP Advisory.

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article news schedule Feb 4, 2026 visibility 57 link 8 artists, 2 galleries

mnuchin gallery to close after death of founder in december 1234772131

Mnuchin Gallery, a prominent Upper East Side gallery founded by former Goldman Sachs executive Robert Mnuchin, will permanently close at the end of February. The closure follows the death of its founder in December 2025, with the gallery stating its program was an expression of his singular vision.

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person people schedule Jan 28, 2026 visibility 44 link 7 artists, 1 gallery

veneklasen gallery appoints new partners winds down los angeles 1234771182

Dealer Gordon VeneKlasen has announced plans to open his own eponymous gallery after separating from Michael Werner Gallery, where he ran the New York space for over 30 years. As part of the agreement, VeneKlasen will take over Werner's New York and London locations, while the short-lived Los Angeles branch of Michael Werner Gallery will close. Two longtime employees, Justine Birbil and Kadee Robbins, have been promoted to partners at VeneKlasen Gallery. The gallery will debut at the inaugural Art Basel Qatar with a solo presentation of works by Issy Wood, followed by exhibitions of Sigmar Polke's paintings in New York and London.

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article news schedule Dec 22, 2025 visibility 45 link 26 artists, 16 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.

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article culture schedule Dec 20, 2025 visibility 24 link 12 artists, 1 gallery

art words of the year 2727146

Artnet News critic Ben Davis presents his annual "art words of the year" for 2025, a curated list of terms that capture prevailing moods and ideas in the art world. The list includes "antimemetics" (from writer Nadia Asparhouva and internet fiction), "cyniserity" (coined by art writer David Colman to describe Anne Imhoff's work), "delightmare" (a horror-adjacent feeling linked to overconsumption and AI art, exemplified by Beeple's Art Basel installation), "elite capture" (from philosopher Olúfẹ́mi O. Táíwò's book, now a tool for critiquing identity politics in art), and "K-shaped" (an economic term describing divergent recovery, applied to gallery closures versus record auction sales).

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trending_up market schedule Dec 10, 2025 visibility 34 link 18 artists, 12 galleries

these galleries dropped out of art basel miami beach heres what happened next 2721784

Several galleries withdrew from Art Basel Miami Beach 2024 amid rising costs and a contracting art market, leaving some like San Francisco's Altman Siegel facing cancellation fees despite closing. Claudia Altman-Siegel, who shut her gallery, owed $22,000 after missing the free-cancellation deadline. Other dealers, including Miguel Abreu, Tilton Gallery, and Sperone Westwater, navigated the fair's strict payment terms for different reasons—some pulling out early to avoid penalties, others proceeding despite business challenges. The fair proceeded with 283 exhibitors and reported strong sales, including an $18.5 million Joan Mitchell painting, signaling a potential market upturn.

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