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re air why no one trusts art prices anymore 2711783

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.

experts how to make it art world 2727594

Artnet News has launched a new four-part podcast mini-series titled "How to Get Ahead in the Art World," produced in partnership with Art Market Mentors. Hosted by editor-in-chief Naomi Rea and produced by Sonia Manalili, the series features insights from top art-world insiders including Cat Manson (former Christie's leader turned career coach), Loïc Gouzer (former Christie's rainmaker and founder of Fair Warning), and Brooke Lampley (senior roles at Sotheby's and Gagosian). Each episode covers a key career lesson: taking ownership of your career, trusting your instincts, leading with passion, and embracing a layoff as a reset.

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.

the detroit museum of arts confronts art history while wrestling with its future 1234762292

The Detroit Institute of Arts (DIA) has reinstalled its African American galleries, moving them from the back of the museum to a prominent location beside Diego Rivera's iconic "Detroit Industry Murals" (1932–33). The reinstallation is framed by a quote from Alain Locke's 1925 essay "The Legacy of the Ancestral Arts," envisioning the museum as an instrument of cultural education and repair. Complementing this is "Contemporary Anishinaabe Art: A Continuation" (through April 5), the first comprehensive survey of art from the Indigenous inhabitants of the Great Lakes region. The DIA began collecting African American art in 1943 and in 2001 became the first US museum to name a curator devoted to that field, Valerie J. Mercer, who still serves as curator and head of African American art.

guy cogeval obituary former director musee dorsay paris 1234761988

Guy Cogeval, the former director of Paris's Musée d'Orsay, died on November 13 at age 70 after a long illness. A specialist in 19th-century art and the Nabis, Cogeval led the Musée d'Orsay from 2008 to 2017, overseeing a major renovation of 80 percent of its galleries and merging it with the Musée de l'Orangerie. He previously directed the Montreal Museum of Fine Arts and the National Museum of French Monuments, and curated acclaimed exhibitions including "Hitchcock and Art" and "Édouard Vuillard, Master of Post-Impressionism."

david zwirner benefit exhibition raises 1 million ali forney center 1234766485

David Zwirner gallery in New York hosted a four-day benefit exhibition titled “Toward the Light: Artists for the Ali Forney Center,” which raised $950,000 for the Ali Forney Center, a nonprofit supporting queer youth with housing, education, job training, and medical care. Curated by art adviser Stephen Truax, the show featured 37 artists, including Ross Bleckner, Marlene Dumas, Jenna Gribbon, Julie Mehretu, and Wolfgang Tillmans, and generated $1.2 million in sales, with artists receiving $250,000 and the gallery waiving its commission. Truax, who previously co-organized smaller editions with Sotheby’s, shifted to a gallery partnership to gain more control over sales and pricing, more than doubling his initial $350,000 fundraising goal.

maria balshaw tate 2728573

Maria Balshaw, the director of Tate, will step down in the new year after nine years at the helm, the museum announced Friday. Appointed in 2017, Balshaw was the first woman to lead the institutional network, which includes Tate Modern and Tate Britain. Her tenure was marked by a substantial diversification of Tate’s collection and programming to spotlight new art forms, indigenous artists, and artists from the Global South. She also oversaw the launch of a landmark £150 million endowment fund for Tate Modern to address financial woes. Memorable exhibitions included surveys of pre-internet digital artists, modern art in Nigeria, and retrospectives for Leigh Bowery, Isaac Julien, Yoko Ono, and Emily Kam Kngwarray.

emma mcintyre 2025 2717629

Emma McIntyre, a New Zealand-born painter known for her oxidation technique using rust on canvas, has rapidly ascended in the art world. After earning MFAs in Auckland and Pasadena, she joined mega-gallery David Zwirner in 2024, with additional representation by Château Shatto in Los Angeles and Air de Paris. Her auction record was set at Phillips London in October 2025, with her work "Seven types of ambiguity" selling for $225,100. McIntyre's practice blends material experimentation—including iron oxide pigments and bubble wrap—with references spanning Greek myth to Rococo art.

hauser and wirth sicily 2724527

Mega-gallery Hauser & Wirth is acquiring the historic Palazzo Forcella De Sata in Palermo, Sicily, as confirmed by president and cofounder Iwan Wirth. The property, a 19th-century eclectic architectural landmark that hosted Manifesta 12 in 2018, was purchased in mid-November, though Sicilian authorities and Italy’s Ministry of Culture have a two-month window to preempt the sale due to historical monument restrictions. The gallery plans to use the main floor as exhibition space, with renovations potentially completed by 2030.

warhol portrait muhammad ali art basel miami 2718963

A 1977 Andy Warhol portrait of Muhammad Ali, priced at $18 million, will be the centerpiece of Lévy Gorvy Dayan's booth at Art Basel Miami Beach. The 40-inch acrylic and silkscreen canvas, featuring a royal purple background, was previously purchased for $18.1 million at Christie's in 2021. The work is part of a series of 10 Warhol portraits of sports stars commissioned by collector Richard L. Weisman, and is autographed on the back by Ali.

hong kong fire arts groups asian art news 2721884

A devastating fire in Hong Kong's Tai Po neighborhood, which killed at least 151 people, has prompted a period of mourning and led several major cultural institutions to cancel or postpone public events. The Hong Kong Arts Festival and the Hong Kong Jockey Club Charities Trust cancelled a press conference for the "No Limits" program, while M+ rescheduled its "Night: Festive Play" event. Meanwhile, art fairs and galleries continue to announce developments: Kiaf Seoul will run concurrently with Frieze Seoul in 2026, Contemporary Istanbul will introduce a new Focus Asia section, and Art Basel Hong Kong 2026 will feature new sectors Echoes and Zero 10. In the market, On Kawara's "NOV. 27, 1984" sold for HK$8.5 million at Bonhams Hong Kong, and standout results were seen at Sotheby's Hong Kong.

flag art foundation serpentine galleries artist prize 1234764228

The FLAG Art Foundation, based in New York, has pledged £1 million ($1.3 million) to London's Serpentine Galleries to establish a new biennial artist prize. Named the Serpentine x FLAG Art Foundation Prize, it will award £200,000 ($265,000) to an international artist who has been exhibiting for fewer than ten years, along with an exhibition at both institutions and a catalog. The first winner will be selected in 2026, with exhibitions at Serpentine in 2027 and FLAG in 2028. The prize is funded by collector Glenn Fuhrman's foundation and is the largest contemporary art prize in the UK.

rodin egypt art collection show isaw 2717783

The Musée Rodin has brought Auguste Rodin's collection of ancient Egyptian art to the United States for the first time, in an exhibition titled "Rodin's Egypt" at New York University's Institute for the Study of the Ancient World (ISAW). The show presents about 60 objects across two galleries, including Egyptian artifacts Rodin collected from the 1890s onward, alongside a dozen of his own sculptures. Curated by Bénédicte Garnier and Roberta Casagrande-Kim, the exhibition highlights Rodin's deep engagement with Egyptian art and features loans from the Metropolitan Museum of Art, as well as objects tied to the Brummers family of art dealers.

louvre couture mfa houston fashion exhibition 2716957

The Louvre's blockbuster exhibition "Louvre Couture," which drew over one million visitors in Paris, has opened at the Museum of Fine Arts, Houston (MFAH). The show pairs high-fashion garments and accessories—from Yves Saint Laurent to Jacquemus—with artworks and decorative objects, illustrating how designers draw from art history. The Houston edition features 36 objects from 23 designers, including pieces by Jean Paul Gaultier, Iris van Herpen, Schiaparelli, and a John Galliano-designed Dior gown, displayed across two buildings and over a dozen galleries.

stolen banksy print recovered thief sentenced 2536351

A judge at London's Kingston Crown Court sentenced Larry Fraser to 13 months in jail for stealing a Banksy print of the iconic *Balloon Girl* image from Grove Gallery in September 2024. Fraser, who pleaded guilty, used a hammer to break a glass door and stole the print in 36 seconds, hoping to pay off a drug debt. The Metropolitan Police's Flying Squad recovered the artwork within days after Fraser and accomplice James Love stashed it on the Isle of Dogs. Love was acquitted by a jury, claiming he was unaware of the theft until after the fact.

shanghai art week 2025 2713268

Shanghai Art Week 2025 is underway, anchored by two major concurrent art fairs: Art021 Shanghai and West Bund Art and Design, running from November 13 to 16. West Bund has relocated to a new venue, the West Bund Convention Center designed by Skidmore, Owings, and Merrill, featuring over 200 participants including 106 galleries in its main sector. Art021 returns to the Shanghai Exhibition Center with 139 galleries from 22 countries, including 33 first-time participants. The Shanghai Biennale opened early at the Power Station of Art, curated by Kitty Scott under the title "Does the Flower Hear the Bee?" featuring 67 artists and collectives. Meanwhile, alternative events like "Artist's Treat," launched by Xu Zhen in collaboration with Hol Platform and ShanghArt Gallery, are drawing attention in repurposed local spaces.

hauser wirth charged by uk authorities for breaching criminal sanctions 1234761572

UK tax authority HM Revenue and Customs (HMRC) has charged mega-gallery Hauser & Wirth with breaching criminal sanctions by allegedly making a luxury artwork available to a person connected with Russia. The case involves a 2021 work-on-paper by George Condo titled *Escape from Humanity*, sold by the gallery between April and December 2022, after the UK banned luxury goods exports to Russia-linked individuals in April 2022. The gallery, along with shipping company Artay Rauchwerger Solomons, faces charges under the sanctions law, which was enacted following Russia's invasion of Ukraine. Hauser & Wirth has stated it strongly contests the charge and intends to plead not guilty.

stolen painting saint francis returned mexico church 1234761129

A painting of Saint Francis of Assisi, stolen from the Church of San Francisco de Asis in Teotihuacán, Mexico, in 2001, has been recovered and returned to the church. The six-foot-tall work, painted in 1747 by an unknown artist, was among 18 artworks taken in a nighttime theft. It resurfaced in 2018 when it was consigned to Mexico City auction house Morton Subastas, whose due diligence with the Art Loss Register flagged it as stolen. The painting, valued at 280,000 Mexican pesos ($15,000), was returned to the church in a ceremony led by Padre Teodoro García Romero.

condo moves from hauser wirth to spruth magers and skarstedt was j m w turner neurodivergent trump squeezes arts talent pool morning link for november 10 2025 1234760829

Artist George Condo has left Hauser & Wirth and will now be jointly represented by Sprüth Magers and Skarstedt, marking a return to galleries with which he had long-standing relationships. Condo first showed with Monika Sprüth in 1984 and was represented by Skarstedt from 2004 to 2019 before joining Hauser & Wirth in late 2019. Separately, a new BBC documentary titled *Turner: The Secret Sketchbooks* explores whether J. M. W. Turner's creative genius was shaped by childhood trauma and neurodivergence, featuring commentary from artists, actors, and a psychotherapist. The article also reports that Dana Awartani will represent Saudi Arabia at the 2026 Venice Biennale, and that the Trump administration has tightened H-1B visa rules, making it harder for arts institutions to hire foreign specialists.

detroit institute of arts workers move to unionize 1234760130

Employees at the Detroit Institute of Arts (DIA) announced plans to unionize on November 4, joining a growing wave of labor organizing at U.S. cultural institutions. The staff, organizing as DIA Workers United, are seeking recognition under AFSCME Cultural Workers United (AFSCME Michigan), which already represents workers at major museums including the Metropolitan Museum of Art, Art Institute of Chicago, and Philadelphia Museum of Art. The DIA acknowledged the request and stated it respects employees' legal rights to organize. The announcement follows recent unionization efforts at the Los Angeles County Museum of Art (LACMA) and a broader trend that began with the New Museum in 2019.

victoria albert east museum to open olympic park london 1234760259

London's Victoria and Albert Museum has announced that its new branch, V&A East Museum, will open to the public on April 18, 2026. The five-story building, designed by Irish architecture firm O'Donnell + Tuomey, is located in Queen Elizabeth Olympic Park and will feature exhibitions, live events, site-specific commissions, and performances. The V&A East Storehouse, designed by Diller Scofidio + Renfro, opened earlier this year and offers free behind-the-scenes access to over half a million objects and books from the V&A's collections. Artists Tania Bruguera, Carrie Mae Weems, Rene Matić, and Thomas J. Price have been commissioned to create new works for the museum.

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.

50 million picasso in paris industry moves october 22 2025 1234758473

The ARTnews article reports on several major art market moves as of October 22, 2025. Highlights include Nahmad Contemporary offering a $50 million Picasso at Art Basel Paris, likely the 1941 work 'Femme au corsage bleu (Dora Maar)'; Gagosian Gallery now representing the estate of Richard Diebenkorn with a November exhibition; Alison Jacques Gallery joining Tina Kim and Silverlens to represent the Pacita Abad Estate; Gladstone Gallery taking on Celia Paul in New York; and Freeman's | Hindman expanding its trusts and estates team across the US. The piece also notes Rodder's inaugural show for Wyatt Kahn and Kaufmann Repetto adding Bice Lazzari to its roster.

offscreen paris julien frydman salon 2025 1234758079

Offscreen, the nomadic Parisian art salon founded by former Paris Photo director Julien Frydman, returns for its fourth edition from October 21 to 26, 2025, held concurrently with Art Basel Paris. This year, the event takes over La Chapelle Saint-Louis de la Salpêtrière, a historic church on the grounds of a former hospital that once detained and studied women labeled as “degenerate” or “insane.” The venue previously hosted exhibitions by Anselm Kiefer, Nan Goldin, and Christian Boltanski. Offscreen features 28 artists from 27 galleries, including a guest of honor tribute to late video-sculpture pioneer Shigeko Kubota, a durational performance by Maria Stamenković Herranz, and new talks and museum acquisitions from the Centre Pompidou and ZKM.

robert rauschenberg dance guggenheim 1234757639

A gala performance at the Guggenheim Museum in New York marked what would have been Robert Rauschenberg's 100th birthday, featuring dancers performing Paul Taylor's 'Tracer' (1962), for which Rauschenberg created costumes and sets—including a spinning bicycle wheel that served as a portal to the exhibition above. The show, 'Robert Rauschenberg: Life Can’t Be Stopped,' opened in one of the museum's tower galleries and runs through May 3, presenting select works from the Guggenheim's collections and loans from the artist's foundation, including major pieces like 'Barge' (1962–63), the largest silkscreen painting Rauschenberg made in the early 1960s, back in New York for the first time in nearly 25 years.

pace japan director tokyo interview 1234757210

Kyoko Hattori, vice president of Pace Japan, expressed her desire for Tokyo to become the center of art in Asia in a recent interview with the Japan Times. This comes one month after the third edition of Tokyo Gendai art fair closed with solid but unspectacular sales. Pace, the only mega-gallery with a location in Tokyo, opened a space in the Azabudai Hills development, which has been seen as a signal of the city's arrival on the global art stage. The article notes cautiously optimistic data, with Japan seeing 2 percent growth in the art market last year while the wider market contracted by 12 percent, and competitors China and Korea saw significant drops.

leading artists call for nationwide resistance against authoritarian forces 1234757308

Visual artist Dread Scott, playwright Lynn Nottage, and dozens of cultural figures have launched "Fall of Freedom," a nationwide weekend of creative demonstrations scheduled for November 21–22, 2025, to protest rising authoritarianism under the Trump administration. The project invites arts communities to organize independent actions—such as storefront readings, pop-up performances, exhibitions, and workshops—at museums, galleries, classrooms, comedy clubs, or any community gathering space. Participating institutions include the Institute of Contemporary Art, Los Angeles, which will host a "Wear Your Rights" silk-screening workshop, and New York's Leslie-Lohman Museum of Art, which will turn a gallery into a library of queer art activism books. Other notable participants include artists Marilyn Minter, Robert Longo, and Amy Sherald, who recently canceled a Smithsonian exhibition after concerns over her painting of a Black transgender Statue of Liberty.

hauser amp wirths uk profits drop 1234755773

Hauser & Wirth's UK subsidiary reported an 87% decline in pretax profit for 2024, falling to $1.6 million from $12.5 million the previous year, as revenue dropped by more than half to $91.4 million. The gallery attributed the downturn to a sharp fall in secondary-market sales, which can fluctuate significantly based on a few high-value transactions. The UK entity represents only a small portion of the gallery's global business, which the founders said remained aligned with the prior year's successful performance. Separately, the gallery's hospitality arm, Artfarm Group, posted a wider pretax loss of $24 million despite a 16% rise in turnover.

ebony l haynes zwirner global head of curatorial projects 1234753820

Ebony L. Haynes, a director at David Zwirner since 2020 and founder of the gallery's affiliated space 52 Walker in 2021, has been promoted to the newly created position of global head of curatorial projects. In this role, she will oversee special exhibitions, projects, and collaborations with Zwirner's artists globally, while continuing to direct 52 Walker in New York's Tribeca neighborhood. The space has hosted 16 shows since opening in October 2021, featuring artists such as Kandis Williams, Nikita Gale, Nora Turato, and Raymond Pettibon, whose wrestling-themed drawings and live matches open tonight.

aspen art museum redefining future 1234753597

The Aspen Art Museum is undergoing a strategic shift under director Nicola Lees, moving away from its reputation as a collector's clubhouse toward becoming a global institution. The museum's annual ArtCrush gala and fundraiser week, once centered on wealth-displaying collector home visits and glitzy parties, now emphasizes intellectual programming like the inaugural AIR festival, a $20 million artist-led interdisciplinary initiative featuring talks by Werner Herzog and Hans Ulrich Obrist. This change comes amid soaring local real estate prices, including a $108 million home co-purchased by Steve Wynn and Thomas Peterffy, and contrasts the area's deep pockets with the museum's free admission since 2008.