‘The challenge will be to sustain it’: was the autumn art market boom more than just a blip?

The autumn art market saw a significant upturn, with strong sales at Frieze London, Art Basel Paris, and New York auctions, including a $236.4 million Klimt and a $2.2 billion auction week in New York—up 77% year-on-year. Emerging London galleries like Ginny on Frederick, Rose Easton, and A. Squire have reinvigorated Frieze London, while Paris benefits from luxury-house funding, with the Fondation Cartier and Fondation Louis Vuitton hosting major shows. However, concerns persist about sustainability, as geopolitical volatility and post-Brexit challenges continue to affect the market.

‘There is always something else to discover’: Glenn Brown on the art he collects and why

Artist Glenn Brown discusses his personal art collection in an interview with The Art Newspaper, revealing his first purchase was a 1964 David Hockney drawing of Renée McDougal and his most recent acquisition was a group of Ann Churchill's Daily Drawings from 1974. Brown, who opened The Brown Collection in Marylebone three years ago, is extending its hours during Frieze Week for the exhibition 'Hoi Polloi,' which examines depictions of ordinary people from the 16th century onward. He also has an installation at Gagosian's Frieze Masters booth and a concurrent show at the Freud Museum.

Studio 54 Fine Art Is Betting on a More Nimble Gallery Model

Studio 54 Fine Art, founded and directed by Gary Williamson, is pioneering a nimble gallery model without a permanent brick-and-mortar space, instead meeting collectors through rotating physical exhibitions and behind-the-scenes matchmaking. The gallery is currently presenting the exhibition “Empire of Silence: The Untamed Majesty of Rowan Blackwell” in Switzerland, featuring large-scale photographs of wild animals by artist Rowan Blackwell, on view through August 31. Williamson, who transitioned from luxury goods and property investment to founding the gallery in Milan in 2016, emphasizes a focus on quality, provenance, and long-term value, with a roster of artists selected for technical mastery and distinctive vision.

'The museum is not a space for the elite': Portuguese building firm’s new museum puts workers first

A new museum called Muzeu—Thought and Contemporary Art DST has opened in Braga, northern Portugal, housed in a former courthouse and built by the DST Group, a Portuguese industrial conglomerate. The inaugural exhibition, titled "Let Us Be Realistic, Let Us Demand the Impossible," features over 100 works by 96 artists including Alex Katz, Francesco Clemente, Franz West, and Nan Goldin. The museum prioritizes workers, opening first exclusively for company employees on 24 April, then to the public on Freedom Day (25 April), with free admission for the first week and closure on International Workers' Day (1 May).

gladwell and patterson james doran webb peter wileman

British artist James Doran-Webb is set to debut his first solo exhibition with the venerable UK gallery Gladwell and Patterson during Scottsdale Ferrari Art Week 2026. Known for his intricate wildlife sculptures crafted from reclaimed driftwood, Doran-Webb’s practice transforms weathered, inanimate natural materials into dynamic animal forms such as horses, owls, and meerkats. The presentation will pair these contemporary sculptures with Impressionist and Post-Impressionist paintings to create an immersive environment.

have new york museums hit their peak

New York's major art museums, including MoMA, the Guggenheim, the Metropolitan Museum of Art, and the Whitney, are experiencing attendance figures that have not surpassed their peaks from several years ago. MoMA projects reaching 3.24 million visitors for the 2012–13 fiscal year, just shy of its 2009–10 record of 3.22 million, driven by blockbuster exhibitions like "Magritte: The Mystery of the Ordinary" and a Sigmar Polke retrospective. Meanwhile, the Guggenheim's attendance peaked in 2009, the Met saw its busiest season in 2011–12 with 6.28 million visitors and is now on track for a second consecutive decline, and the Whitney's high was 372,000 in 2009–10. Factors cited include a harsh winter, ongoing construction at the Met, and a shift toward more scholarly exhibitions, though tourism growth in New York continues, especially among international visitors.

Un’isoletta tutta dedicata all’arte nel mezzo della Laguna di Venezia. Va avanti il progetto della Fondazione Sandretto Re Rebaudengo sull’Isola di San Giacomo

The Fondazione Sandretto Re Rebaudengo has opened a new art space on the island of San Giacomo in the northern Venetian lagoon, acquired in 2018 by Patrizia Sandretto Re Rebaudengo and Agostino Re Rebaudengo. The island, previously abandoned, has been transformed into a laboratory for art and sustainability, with a gradual opening plan that initially aligns with the Venice Biennale. The inaugural program launched on May 7, 2026, includes a solo exhibition by Matt Copson curated by Hans Ulrich Obrist, a group show titled 'Don’t have hope, be hope!', and a photographic documentation of the restoration process by Giovanna Silva and Antonio Fortugno.

Refik Anadol’s Dataland Museum Sets an Opening Date

Refik Anadol's Dataland, billed as the world's first A.I. art museum, will open on June 20 in Los Angeles after more than two and a half years of planning. Founded by Anadol and his partner Efsun Erkiliç, the museum is housed inside the Frank Gehry-designed Grand L.A. complex and features five galleries. Its debut exhibition, "Machine Dreams: Rainforest," uses ecological data processed through Anadol's Large Nature Model to create digital sculptures simulating possible rainforests. The museum, designed by Gensler, dedicates nearly a third of its 35,000 square feet to operational hardware and runs on 87 percent carbon-free energy.

art dealers association cancels 2025 edition of new york fair

The Art Dealers Association of America (ADAA) has canceled the 2025 edition of its annual New York art fair, The Art Show, which was scheduled to open at the Park Avenue Armory on October 28. The decision was communicated to members via email and confirmed by ADAA president Susan Sheehan, with the board citing a strategic pause to reimagine the fair for long-term sustainability. The fair has been a staple of the New York social calendar, with its VIP opening night serving as a fundraiser for the Henry Street Settlement, raising over $38 million for the nonprofit over three decades.

los angeles institutions green protocol

A coalition of Los Angeles’s leading art institutions, including the Getty, LACMA, MOCA, and the Hammer Museum, has officially pledged to adopt the Bizot Green Protocol. This collective commitment, which also includes the gallery Hauser & Wirth, establishes climate-minded guidelines for museum operations such as widening temperature and humidity parameters for galleries and reducing air travel for loans. The move was largely catalyzed by the devastating impact of recent wildfires on the region's cultural infrastructure.

Saudi Arabia Museum of Contemporary Art Gets $490 M. from Powerful Real Estate Firm

The forthcoming Saudi Arabia Museum of Contemporary Art has received a $490 million construction grant from Diriyah Company, a real estate firm chaired by Crown Prince Mohammed bin Salman. Designed by Dubai-based Godwin Austen Johnson, the museum will span 883,000 square feet—larger than the Louvre in Paris—and will be located in Diriyah, with additional exhibitions in Riyadh. The grant supports Saudi Arabia's Vision 2030 plan to diversify the economy away from oil.

Like a concrete aircraft carrier: was LA’s giant new $724m gallery really worth all the carbon emissions?

The Los Angeles County Museum of Art (LACMA) is set to open its new $724 million David Geffen Galleries, designed by Swiss architect Peter Zumthor. The massive concrete structure, which spans Wilshire Boulevard like a bridge, represents a twenty-year effort led by director Michael Govan to create a non-hierarchical, single-level museum space. The building's design features eight massive pavilions supporting a sprawling 110,000 square foot gallery floor, intended to house the museum's diverse permanent collection in a transparent, fluid environment.

Art Basel reveals 33 medalists for second edition of its awards

Art Basel has announced the 33 medalists for the second edition of its annual awards program, honoring a diverse group of artists, curators, collectors, and institutions. The cohort is divided into categories including emerging, established, and icon artists, as well as cross-disciplinary figures and art-world allies. Notable honorees include Julie Mehretu, Barbara Kruger, and the Studio Museum in Harlem, representing a broad cross-section of the global art ecosystem.

MoMA PS1 Rooftop Sprouts Salad Party

moma ps1 rooftop sprouts salad party

Artist Julia Sherman and urban farmer Camilla Hammer have transformed the rooftop of MoMA PS1 into a functional salad garden and social space. The initiative recently celebrated its launch with a rooftop party featuring herb-infused cocktails and fresh produce grown on-site. The garden serves as a platform for Sherman’s "Artist-Made" salad series, where notable figures from the art world collaborate on culinary creations.

Carmen Reviriego on Art Patronage in Spain and the Callia Foundation

carmen reviriego art patronage spain callia foundation

Carmen Reviriego, founder and president of the Callia Foundation, recently hosted the 11th edition of the International Patronage Awards at Madrid’s Royal Collections Gallery. The event honored significant figures in the art world, including ARTnews Top 200 collector Batia Ofer, while highlighting the foundation's broader mission of funding restorations and fostering collaboration between private donors and Spain’s public institutions. Reviriego, who transitioned from a career in finance to art philanthropy, utilizes a business-minded approach to advocate for a more balanced model of cultural funding in Spain.

open letter support barbican director devyani saltzman

Over 250 prominent cultural figures have signed an open letter protesting the abrupt departure of Devyani Saltzman from her role as Director of Arts and Participation at London’s Barbican Centre. Saltzman, who was appointed just last year to modernize the institution's programming, is set to leave in May following the recent arrival of new Chief Executive Abigail Pogson. High-profile signatories, including Salman Rushdie, John Akomfrah, and Isaac Julien, are demanding transparency regarding the decision-making process and the future of the position.

flaming hot cheetos meme artist sunday nobody

An artist known as Sunday Nobody has created a new work consisting of a bag of Flamin' Hot Cheetos encased in resin and suspended inside a 3,000-pound concrete sarcophagus, which he has buried outside Seattle with instructions for it to be opened in 10,000 years. The 28-year-old motion graphics designer, who maintains anonymity, funds his complex, labor-intensive projects through his day job and documents their creation in viral social media videos.

prado museum moves to curb overcrowding

Madrid's Prado Museum has announced it will cap visitor numbers after a record-breaking 3.5 million visits in 2025, with director Miguel Falomir declaring the institution does not want or need 'a single visitor more.' The museum unveiled 'Plan Host,' a new strategy prioritizing visitor experience over volume, including measures to limit crowds and attract more local Spanish audiences, as 65 percent of current visitors are overseas tourists. Falomir warned against chasing ever-higher attendance, citing the Louvre as a cautionary example where overcrowding has led to deteriorating conditions, staff strikes, and calls for the director's resignation.

centre pompidou grand palais space financial constraints

The Centre Pompidou has relinquished one of its two exhibition spaces at the Grand Palais in Paris, citing financial constraints faced by both institutions. The smaller space, known as Gallery 8, was being used for notable programming, including a planned photography exhibition for the bicentennial of the medium, which has now been canceled. The decision follows low attendance for shows like the Art Brut collection of filmmaker Bruno Decharme, and a reported €10 million shortfall at the Grand Palais in 2025, compounded by renovation cost overruns.

re air why no one trusts art prices anymore

Artnet News revisits a podcast episode featuring editor-in-chief Naomi Rea, who examines the breakdown of traditional art pricing logic amid a cooling market. The episode explores how the rules that once governed art valuation have eroded, leaving dealers, advisors, and collectors struggling to navigate a market described as being in a "danger zone." Rea discusses how mega-galleries, emerging dealers, and advisors are quietly recalibrating their strategies as speculation dries up and confidence wanes.

artists business art

Artnet News asked several working artists—Manuel Mathieu, Hanna Salomonsson, Aki Sasamoto, Nigel Hall, Sharmistha Ray, and Miljohn Ruperto—to share the practical and philosophical lessons that sustain their creative practices. Topics include building trust with collaborators, navigating financial uncertainty, setting up shared studio spaces, using recycled materials, maintaining optimism at age 82, reframing rejection, and adapting to the expectation that artists must act as entrepreneurs before their first gallery show.

sothebys 2025 sales results analysis

Sotheby's is projecting $7.0 billion in consolidated 2025 sales, a 17% increase over the previous year and the strongest result in the company's history. Auction sales rose 26% to $5.7 billion, driven by high-quality consignments including the Leonard A. Lauder Collection and a $236.4 million Klimt painting. Luxury sales climbed 22% to $2.7 billion, while RM Sotheby's surpassed $1 billion for the first time. The opening of Sotheby's new global headquarters at the Breuer Building was a commercial centerpiece, generating $1.17 billion in its inaugural week. The company also expanded rapidly in the Middle East, staging the first international auction in Saudi Arabia and launching Collectors' Week in Abu Dhabi.

louvre strike

On December 15, 2025, the Musée du Louvre in Paris was forced to close as approximately 400 of its 2,100 employees went on strike, picketing outside the museum's glass pyramids and turning away visitors. The strike follows a series of crises at the institution, including a $102 million jewel heist in broad daylight two months prior, a flooding incident from a burst water pipe in November, and ongoing concerns about deteriorating facilities, long lines, and substandard restrooms and dining areas. Workers are demanding higher wages and better conditions, with three trade unions—CGT, SUD, and CFDT—warning in an open letter that staff feel like "the last bastion before collapse."

komal shah making their mark foundation forum launch

Komal Shah, a prominent art collector, announced the renaming of her Shah Garg Foundation to the Making Their Mark Foundation, coinciding with a three-day forum in Washington, D.C., scheduled for March 2025. The foundation takes its name from the traveling exhibition "Making Their Mark: Works from the Shah Garg Collection," curated by Cecilia Alemani, which highlights women artists from Shah and her husband Gaurav Garg's collection. The forum, held at the Martin Luther King Jr. Memorial Library, will feature panels, keynotes, and performances organized around themes like Visionary Voices and Changemakers, with Alemani as curatorial director and Loring Randolph as director.

altman siegel closes gallery san francisco

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.

canal projects art space new york closing

Canal Projects, a nonprofit art space in New York's Tribeca neighborhood, announced it will close its physical location on May 23, 2026, after just four years of operation. The organization will pivot to a grant-making model, allocating $3 million over three years to support arts projects, including Ayoung Kim's upcoming exhibition at MoMA PS1. The decision was driven by the high costs of maintaining an outdated building and a desire to redirect resources toward direct financial support for artists. The space, launched in 2022 by the YS Kim Foundation, hosted notable shows by artists such as Karimah Ashadu, Sin Wai Kin, Candice Lin, Geumhyung Jeong, and Seung-taek Lee. Artistic director and curator Summer Guthery departed at the end of March 2025. The final exhibition will feature Jakkai Siributr, opening January 30, 2026.

Getty Center to Close in Los Angeles as Major Renovation Looms

The Getty Center in Los Angeles will close for a full year starting March 15, 2027, to undergo its first major renovation since opening in 1997. The "modernization initiatives" include updates to the galleries, a redesign of the Welcome Hall with a new café, and the replacement of the iconic tram system to increase passenger capacity. During the closure, the Getty Villa in Malibu will remain open and display highlights from the Center’s permanent collection, while additional programming will be held at a temporary space on Sepulveda Boulevard.

Robert Rauschenberg Foundation Estate Sold to Florida Resort

The Robert Rauschenberg Foundation has sold the late artist’s twenty-two-acre estate on Captiva Island, Florida, to the neighboring South Seas resort for $45 million. The sale includes ten buildings, most notably Rauschenberg’s custom-built 8,000-square-foot studio and his historic "Beach House." While the resort plans to integrate the property into its operations and host art-related programming, the foundation cited escalating maintenance costs and environmental risks from climate change as the primary reasons for the divestment.

The Box LA, Beloved Risk-Taking Art Space, Closes After 19 Years

The Box LA, a pioneering experimental art space in Los Angeles known for its fearless support of unconventional and performance art, is closing after 19 years. Founded in 2007 by Mara McCarthy in Chinatown (later moving to the Arts District), the gallery operated as a commercial space but with a nonprofit ethos, championing underrecognized artists from her father Paul McCarthy's generation alongside emerging talents. Its final exhibition, a retrospective of Wally Hedrick presented with Parker Gallery, ended April 4, with a closing celebration planned for June 6 featuring a fashion show by Johanna Went. The closure is attributed to financial struggles, exacerbated by the Eaton Fire that destroyed McCarthy's home and her family's, and a shift in support from McCarthy Studios.

In Giverny, Monet does not benefit everyone

À Giverny, Monet ne profite pas à tout le monde

The article examines the economic paradox of Giverny, the French village where Claude Monet lived and painted. While Monet's gardens attract nearly one million visitors annually—with ticket sales estimated at €9-10 million—the village itself, with a population of just 430 and an annual budget of €600,000, sees almost none of that revenue. Visitors flood in for half-day trips, queue for hours to see the gardens, and leave by evening, spending little in local shops. The gardens, run by the Académie des beaux-arts, are tax-exempt and operate as a closed economic loop, with their boutique and restaurant generating income that stays within the institution.