filter_list Showing 4222 results for "Market" close Clear
search
dashboard All 4222 trending_up market 1894museum exhibitions 1066article news 420article local 225article culture 216person people 206gavel restitution 61article policy 45candle obituary 42rate_review review 35article event 11article gallery 1
date_range Range Today This Week This Month All
Subscribe

sales roundup art basel qatar

The inaugural edition of Art Basel Qatar launched with a unique booth-less format, prioritizing single-artist presentations and regional connections over the typical high-speed frenzy of European fairs. While the pace of transactions was more measured, significant sales were reported, including a $250,000 video installation by Kutlug Ataman sold by Niru Ratnam to an institution and multiple works by regional stars like Ahmed Mater and Ali Cherri. High-value blue-chip items, including a $42 million Picasso, remained tucked away in private viewing rooms to accommodate the region's preference for discretionary collecting.

four major works by bacon freud and kossoff from lewis collection to hit auction block at sothebys london in march

Sotheby's London will auction four major works from the Lewis Collection in its March 4 Modern and Contemporary evening sale. The highlights include a 1972 self-portrait by Francis Bacon, two portraits by Lucian Freud, and a rare swimming pool scene by Leon Kossoff, all representing the School of London movement.

art basel qatar 2026 sales report art market

Art Basel Qatar concluded its first edition with strong attendance and sales, signaling Doha's emergence as a significant art market hub. The fair attracted over 17,000 visitors, with nearly half of the private collectors coming from the MENASA region, and saw institutional placements and steady sales across various price points. Notable sales included works by Lucy Bull, Issy Wood, Nari Ward, and Ahmed Mater.

qatar details of new quadrennial epstein and sfmoma ties

Qatar has announced details for its inaugural contemporary art quadrennial, Rubaiya Qatar, set to launch in November alongside Frieze Abu Dhabi. Organized by Qatar Museums, the event will feature over 50 artists and new commissions, with a major exhibition titled 'Unruly Waters' curated by Tom Eccles, Ruba Katrib, Mark Rappolt, and Shabbir Hussain Mustafa. Confirmed artists include Lawrence Abu Hamdan, Sophia Al Maria, Mohamed Bourouissa, and Lydia Ourahmane. Additionally, a previously unpublicized pavilion dedicated to Gerhard Richter will open within the quadrennial. Separately, revelations from the Epstein files show ties between Jeffrey Epstein and the San Francisco Museum of Modern Art, including a donated artwork and potential financial backing for a piece by Neri Oxman. A small Michelangelo drawing of a foot sold at Christie's for $27.2 million, setting a new auction record.

andisheh avini gagosian

Andisheh Avini, a senior director at Gagosian who has been with the gallery for over 25 years, discusses his career trajectory and the gallery's evolution in an interview timed to the inaugural edition of Art Basel Qatar. Avini, who is also an artist, recounts key moments such as the post-9/11 global market expansion that led Gagosian to open spaces in Europe and Hong Kong, and his work with artists including Cy Twombly, Adam McEwen, Piero Golia, and Maurizio Cattelan. He also shares insights into the gallery's approach to art fairs, emphasizing tailored presentations based on location and audience.

ken griffin basquiat stephen friedman gallery

London's Stephen Friedman Gallery is facing serious financial difficulties, with its 2024 financial reports overdue and its 2023 accounts revealing a loss of £1.7 million. The gallery, which recently expanded with a large new London space and a New York outpost, is reliant on external financing and negotiations with creditors to continue operating, casting significant doubt on its future viability.

evan beard left masterworks launch new york gallery

Evan Beard, a former Navy intelligence officer and Oxford economics graduate, is launching a new secondary market gallery called Beard & Co. on New York's Upper East Side after leaving Masterworks, the $1 billion art-tech startup where he ran its secondary market gallery Level & Co. Beard's career path includes stints at Deloitte and Bank of America, where he managed art financing operations and worked with major U.S. collectors. His new gallery will employ a half-dozen staff and function as a discreet private bank for collectors, offering services such as art loans, auction guarantees, consignments, and estate planning.

stpi print show and symposium singapore

STPI is launching the inaugural Print Show and Symposium Singapore during Singapore Art Week (January 22–31, 2026). The event will feature over 27 internationally acclaimed contemporary artists—including Jeff Koons, Louise Bourgeois, Takashi Murakami, and Do Ho Suh—showcasing their engagement with printmaking. A symposium titled "The Politics of Print: elephant in the room," curated by Stephanie Bailey, will bring together 25 curators, museum directors, and artists such as Michael Craig-Martin, Adele Tan, Sook-Kyung Lee, and Pinaree Sanpitak for six panels over two days.

christies london belgian 54 million collection magritte

Christie's London will auction a major collection of modern and contemporary art from Belgian collectors Roger and Josette Vanthournout during its March marquee sales week. The collection, estimated at £40 million ($53.8 million), spans six decades of collecting and includes works by René Magritte, Henry Moore, Pablo Picasso, Yayoi Kusama, Lucio Fontana, Agnes Martin, and Max Ernst. It will be offered across three sales: a March 5 evening sale, a March 6 daytime sale, and an online sale from February 25 to March 12. Highlights include Magritte's 'La plaine de l'air' (1940) and Moore's 'Goslar Warrior' (1973–74), each estimated at £3.5–5.5 million.

kenny schachter 2026 predictions van gogh private sale

Kenny Schachter offers his predictions for the art world in 2026, set against a backdrop of political chaos and rapid AI development. He forecasts only a marginal uptick in global art sales, which he estimates will exceed $57.5 billion, and warns that luxury goods—bags, watches, fossils—are increasingly encroaching on art fairs, auctions, and exhibitions. Schachter criticizes Sotheby's for blurring the lines between auction house, museum, and gallery, citing its traveling "Icon" show as a spectacle of price tags rather than art scholarship.

jeffrey epstein art world connections

The article details the ongoing release of documents related to disgraced sex offender Jeffrey Epstein, revealing his extensive ties to prominent art world figures. Key connections include former MoMA chairman Leon Black, who paid Epstein tens of millions for tax advice and engaged in art transactions involving a Giacometti sculpture and a Cézanne watercolor; retail mogul and art collector Leslie Wexner; and artist Andres Serrano. It also highlights the story of artist Maria Farmer, who was assaulted by Epstein and Maxwell and faced threats against her art career when she tried to report them in the 1990s.

top auction moments of 2025

Artnet News rounds up the standout auction moments of 2025, highlighting both triumphs and disappointments. M.F. Husain's *Untitled (Gram Yatra)* (1954) smashed expectations at Christie's, selling for $13.8 million—more than double the artist's previous record and the first South Asian Modern work to exceed $10 million. In contrast, Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) fell short of its $50 million estimate at Christie's, missing the artist's auction record, while Alberto Giacometti's *Grande tête mince* (1955) failed to sell at Sotheby's despite a $70 million asking price, underscoring market volatility.

art basel miami lineup change ross kramer

Art Basel Miami Beach has undergone a last-minute lineup change, with gallery Ross + Kramer being replaced by Ross + Co. following an unexplained split between principals Todd Kramer and Ryan Ross. Ryan Ross, who has been in the art business for decades and runs Arcature Fine Art in Palm Beach, will now show under the new name at the fair, which opens to VIPs next week. The change was reported by ARTnews, which noted that the fair's 2025 participant list still links to Ross + Kramer's website, and Ross + Co.'s page features outdated branding.

christies edlis neeson collection 21st century art stats

Christie’s evening sale of 21st-century art on Wednesday achieved $123.6 million in total sales, including 19 lots from the collection of the late Stefan Edlis and his widow Gael Neeson. The top lot was Christopher Wool’s *Untitled (RIOT)* (1990), which sold for $19.8 million. The sale had a 97 percent sell-through rate, with 36 of 45 lots guaranteed, and the hammer total of $99.7 million exceeded the presale low estimate of $87.5 million. A notable moment was a seven-minute bidding war for a Diego Giacometti coffee table owned by Edlis and Neeson, which sold for $3.65 million against a $1.5–2.5 million estimate.

sothebys leonard lauder contemporary by the numbers

Sotheby's held a marathon evening sale in New York on Tuesday night, achieving $706 million in total sales—the highest single-evening total in the auction house's history. The standout was the collection of Leonard A. Lauder, which alone brought $527.5 million, led by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914-16) that sold for $236.4 million after a 20-minute bidding war. A second sale of contemporary and ultra-contemporary works added $178.5 million, with Jean-Michel Basquiat's *Crowns (Peso Neto)* (1981) topping that session at $48.3 million. Notably, no lots were withdrawn across both sales, and Asian collectors drove bidding on many high-value lots. Maurizio Cattelan's gold toilet *America* (2016) sold for $12.1 million, drawing only one bid.

christies edlis neeson sale 124 million

Christie's 21st-century evening sale in New York on Wednesday night achieved $123.6 million, just below its $126 million high estimate and 16% above last year's sale. The sale featured 19 lots from the collection of the late Stefan Edlis and his widow Gael Neeson, which brought in $49.2 million against a $30 million estimate. The top lot was Christopher Wool's "Untitled (RIOT)" (1990), selling for $19.8 million. New auction records were set for Firelei Báez ($1.1 million) and Olga de Amaral ($3.1 million). Only one of 45 lots failed to sell—a Cecily Brown painting estimated at $4–6 million. The sale was characterized by careful use of third-party guarantees and lowered reserves, with art advisor Aileen Agopian noting bidding was "deep and robust" despite a flat atmosphere.

november marquee auction sales midpoint analysis

Christie's and Sotheby's November marquee auctions in New York generated a combined $1.4 billion, with Sotheby's achieving a record $706 million from a double-header sale. The highlight was Gustav Klimt's "Portrait of Elisabeth Lederer" (1914–16), sold for $236.4 million from the collection of late cosmetics heir Leonard Lauder, becoming the most expensive modern artwork ever sold at auction. Christie's Monday sale brought in $690 million, falling short of its $731.5 million high estimate but still marking a 42% increase over its equivalent sale last November.

the art market has lost its grip on price

Former Sotheby's rainmaker Brooke Lampley, now a director at Gagosian, discusses the art market's loss of control over pricing, citing a failed $70 million Alberto Giacometti bust at auction as a symptom of deeper market confidence issues. The article traces the evolution of art pricing from opaque, dealer-driven norms to a data-rich system enabled by Artnet's Price Database in 1989, which fueled a price spiral and attracted speculators. Now, in 2025, the market faces a correction with auction sales down 27.3 percent to $10.2 billion, and buyers are pausing as traditional pricing signals become scrambled.

jeff koons gagosian porcelain series review

Jeff Koons's latest exhibition at Gagosian Gallery in New York features his new series of large-scale porcelain and stainless-steel sculptures, including the centerpiece *Aphrodite* (2016–21), an eight-and-a-half-foot-tall nude. The show marks Koons's first solo presentation in New York in seven years and follows a turbulent period in his career, including record auction sales, a move to Pace Gallery and back to Gagosian, and two lawsuits. Critic Christopher Garcia Valle panned the works as unstimulating and banal, arguing they fail to awe viewers despite their technical ambition and massive scale.

records fall during 706 million night at sothebys turbocharged by blue chip lauder trove

Sotheby's achieved a record-breaking $706 million auction night at its new global headquarters in the Breuer Building, New York, the highest total in the auction house's 281-year history. The sale was propelled by the collection of late art patron Leonard A. Lauder, whose 24 pieces sold for $527.5 million, led by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16) which fetched $236.4 million, becoming the second-priciest artwork ever sold at auction. A subsequent contemporary and ultra-contemporary art sale added $178.5 million.

shanghai art021 west bund art recap

Shanghai's West Bund Art & Design fair and Art021 opened last week with unexpectedly strong sales, despite economic headwinds and regional competition. Many galleries reported brisk first-day sales, with Thaddaeus Ropac placing five works including a Martha Jungwirth painting for €500,000, and Hauser & Worth selling two works for over $1 million. However, major blue-chip galleries like Gagosian and Pace opted out entirely, while others like Almine Rech, White Cube, and David Zwirner scaled back their participation. The fairs took place against a backdrop of China's ongoing property slump and the overlapping Art Collaboration Kyoto, which siphoned attention from international collectors.

sothebys charles stewart supply and demand

Sotheby's CEO Charles Stewart told CNBC that the art market has entered a new phase this fall, with supply finally catching up with demand after months of strong bidder activity. New York's marquee auction houses are preparing for sales expected to total more than $1.4 billion, a roughly 50% jump from last year, driven by major consignments including the estate of Leonard Lauder (55 works valued at over $400 million, led by Gustav Klimt's Portrait of Elisabeth Lederer) and collections from Jay and Cindy Pritzker. Christie's highlights include a Monet Nymphéas, a David Hockney portrait, and a Mark Rothko, each estimated at $40–60 million.

marquee art sales fall 2025 christies sothebys phillips

Christie's, Sotheby's, and Phillips are holding their marquee fall 2025 sales in New York next week, with an unusually high volume of inventory. Christie's alone will offer 80 works on Monday night, and across the week 27 lots carry estimates above $10 million—a stark contrast to the tepid May sales. The season is top-heavy, with the $2 million–$5 million range considered the trickiest. Notable consignments include the estate of Leonard Lauder and the collection of Stefan Edlis and Gael Neeson, while many discretionary sellers remain absent. Day sales feature works with significant price drops, such as a Steve Parrino painting last sold for nearly $1 million now estimated at $300,000–$500,000, and an Avery Singer work that sold for $3 million in 2022 now estimated at $600,000–$800,000. Several pandemic-era speculative purchases are also returning to market at steep discounts.

ex christies chief jussi pylkkanen works trends watch auction season

Jussi Pylkkanen, former Christie's chairman, analyzes the upcoming New York 20th and 21st Century Art sales, noting a return to market confidence after strong European auctions in London and Paris aligned with Frieze and Art Basel Paris fairs. Christie's London posted its best October sales since 2018, Sotheby's had its most valuable Paris season, and a Picasso portrait sold for $37 million at Hôtel Drouot. The season shows a shift from speculative buying toward established artists like Bacon, Freud, Picasso, and Klimt, with 27 works valued over $10 million, led by Gustav Klimt's *Portrait of Elizabeth Lederer* from the Leonard Lauder collection, estimated to exceed $150 million at Sotheby's.

gen z art collecting continuum 2025

The Art Basel & UBS Survey of Global Collecting 2025 reveals that Gen Z collectors are reshaping the art market by treating art, sneakers, digital assets, and luxury goods as a single continuum of collectibles. Gen Z allocates 26% of their total wealth to art and collectibles—the highest of any generation—and spends 56% of that on non-traditional items like limited-edition sneakers, handbags, and digital artworks. Digital art ownership has rebounded sharply, with 23% of collectors planning to buy digital works, up from 19% in 2024, and Gen Z shows the strongest appetite for sculpture.

art basel paris vip preview sales report

Art Basel Paris opened its VIP preview on Wednesday, following a new invite-only preview called Avant Première on Tuesday. Major galleries reported strong sales, including Hauser & Wirth's $23 million Gerhard Richter abstract, the highest reported sale at the fair. Other notable sales included Julie Mehretu's $11.5 million painting at White Cube, a $4.7 million Bruce Nauman neon at Hauser & Wirth, and a $2.5 million Marlene Dumas painting at David Zwirner. Dealers noted that the staggered two-day opening helped spread out crowds and allowed collectors to return for the official VIP day, with many describing the fair as the most successful edition in Paris to date.

art basel paris avant premiere vip sales report

Art Basel Paris launched a new ultra-exclusive invitation-only preview called Avant Première, held one day before the official VIP preview. The four-hour event on Tuesday afternoon saw strong sales, with Thaddaeus Ropac selling works including a 1953 Alberto Burri for €4.2 million and two George Baselitz pieces, while Hauser & Wirth sold Gerhard Richter's 1987 *Abstraktes Bild* for $23 million, the highest reported sale. The fair limited each gallery to six invites with plus-ones, resulting in an estimated 3,000 attendees compared to 6,000 for the regular First Choice preview, creating a more manageable and urgent atmosphere.

david hockneys ipad drawings sell for 8 3 m at sothebys london doubling sales high estimate

A group of 17 iPad drawings by David Hockney, titled 'The Arrival of Spring,' sold for a combined £6.2 million ($8.3 million) at Sotheby’s London on Friday, more than doubling their high estimate. Fifteen of the 17 works achieved record prices for the subject, with the top lot, 'The Arrival of Spring in Woldgate, East Yorkshire in 2011 – 19 February (2011),' selling for £762,000 ($1 million), breaking the artist's print record three times. The sale was a white-glove result, with 40 percent of the drawings going to American collectors and 65 percent bought online.

jeff koons first new york show 2025 gagosian

Jeff Koons will present his first solo show at Gagosian in seven years, titled “Porcelain Series,” opening November 13 at the gallery’s 541 West 24th Street location. The exhibition features new and recent sculptures and paintings that explore beauty and mythology, including mirror-polished stainless steel figurines modeled on 18th- to early-20th-century porcelain and oil paintings incorporating historical engravings. Koons, who left Gagosian in 2021 for Pace and returned in 2025, debuted new work at Frieze New York in May.

art insurance los angeles wildfires

Ron Rivlin, owner of Revolver Gallery in Los Angeles and a prolific collector of Andy Warhol works, lost his Pacific Palisades home and 340 artworks—including 30 Warhols and pieces by Keith Haring, John Baldessari, Damien Hirst, Alex Katz, and Kenny Scharf—to the January 2025 wildfires that swept through Los Angeles County. The fires, fueled by powerful winds and dry conditions, consumed approximately 60,718 acres and 17,291 structures, killing 30 people. Numerous other artists, collectors, and arts professionals, including Beatriz Cortez, Amir Nikravan, Salomón Huerta, and curator Paul Schimmel, also reported losing homes and artworks.