Art News. Vasari Codex

trending_up market schedule Nov 19, 2025 visibility 24 link 18 artists, 1 gallery

the art market has lost its grip on price 2653663

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.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 17 link 17 artists

records fall during 706 million night at sothebys turbocharged by blue chip lauder trove 2714943

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.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 18, 2025 visibility 30 link 21 artists, 8 galleries

shanghai art021 west bund art recap 1234762135

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.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 18, 2025 visibility 22 link 10 artists

art gallery of ontario major gift 2714505

The late Toronto collectors Morton and Carol Rapp have donated over 450 artworks by 203 artists to the Art Gallery of Ontario (AGO) from their estates. The gift includes major Pop art works: 13 screen prints by Andy Warhol, including four Marilyn Monroe portraits (1967); works by Robert Rauschenberg, Jasper Johns, Claes Oldenburg (including the sculptural print 'Teabag' from 1966), David Hockney, and Roy Lichtenstein; plus Barnett Newman's 1964 lithograph 'CANTO XVIII', marking the Abstract Expressionist's debut in the collection. The donation also features photography by Yinka Shonibare and Kara Walker. The couple, who began supporting the AGO in 1966, had previously donated 474 works, bringing their total contribution to nearly 1,000 pieces.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 14, 2025 visibility 17 link 11 artists

sothebys charles stewart supply and demand 1234761813

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.

newspaper ARTnews open_in_new Read original

article news schedule Nov 14, 2025 visibility 24 link 18 artists

trustees bolt palm springs art museum director hire 1234761292

Trustee Patsy Marino resigned from the Palm Springs Art Museum board just one week after Christine Vendredi was appointed director on September 29, 2024. In a resignation letter reported by the Los Angeles Times, Marino alleged that the hiring committee failed to interview any outside candidates, despite two "exceptional" candidates being considered, and cited "inappropriate interference" by the executive committee, individual trustees, and museum staff. Two other board members also left the 22-member body, though the museum claims their departures were unrelated. Vendredi, previously chief curator and interim CEO, has a background in luxury brand management at Louis Vuitton and holds multiple advanced degrees but no prior museum directorship experience.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 12, 2025 visibility 28 link 16 artists, 1 gallery

marquee art sales fall 2025 christies sothebys phillips 1234761496

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.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 10, 2025 visibility 28 link 29 artists

ex christies chief jussi pylkkanen works trends watch auction season 1234760790

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.

newspaper ARTnews open_in_new Read original

museum exhibitions schedule Oct 31, 2025 visibility 23 link 7 artists

qatar launches quadriennial 2026 1234759277

Qatar has announced the launch of a new quadrennial art event called Rubaiya Qatar, set to debut in November 2026. The inaugural edition will feature a curated exhibition titled “Unruly Waters,” organized by Tom Eccles, Ruba Katrib, Mark Rappolt, and Shabbir Husain Mustafa. The event will take place across Qatar, centered at the Al Riwaq pavilion near the Museum of Islamic Art. A preview performance by artist Rirkrit Tiravanija, titled "untitled 2025 (no bread no ashes)," was unveiled in Doha, involving communal bread baking with diverse bakers. The quadrennial aims to reflect Qatar's cultural diversity and its historical connections to maritime trade routes.

newspaper ARTnews open_in_new Read original

article news schedule Oct 29, 2025 visibility 20 link 10 artists

artists withdraw relational aesthetics exhibition maxxi rome 1234759280

Seven artists—Tania Bruguera, Dora Garcia, Phil Collins, Siniša Mitrović, Alessandra Saviotti, and Gemma Medina—have withdrawn their work from the exhibition “1+1: The Relational Years” at MAXXI in Rome, scheduled to open this week. In an open letter published by Nero Editions, they accuse the museum of having “links to genocide in Palestine” through its acceptance of funding from and collaborations with Italian companies Eni and Leonardo s.p.a., which have ties to Israel's military and energy sectors. The exhibition, curated by Nicolas Bourriaud, surveys relational aesthetics and also includes works by Vanessa Beecroft, Maurizio Cattelan, Felix Gonzalez-Torres, Pierre Huyghe, and Rirkrit Tiravanija. Five anti-Zionist activist groups have added their own statement supporting the boycott.

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 23, 2025 visibility 14 link 3 artists, 1 gallery

gen z art collecting continuum 2025 1234758630

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.

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 22, 2025 visibility 27 link 31 artists, 13 galleries

art basel paris vip preview sales report 1234758480

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.

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 22, 2025 visibility 30 link 29 artists, 14 galleries

art basel paris avant premiere vip sales report 1234758287

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.

newspaper ARTnews open_in_new Read original

rate_review review schedule Oct 22, 2025 visibility 20 link 6 artists, 4 galleries

future of the art world andras szanto review 1234757915

András Szántó has published the third volume of his trilogy on the future of museums and the art world, titled "The Future of the Art World." The book compiles 38 interviews conducted between April 2024 and June 2025 with a wide range of art-world stakeholders, including artists, curators, collectors, dealers, auctioneers, art fair directors, sociologists, philosophers, and policymakers. Unlike his previous books, which focused on museum directors and architects, this volume gives significant voice to artists, who offer provocative critiques and predictions about the future of museums, art education, and digital art.

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 17, 2025 visibility 20 link 2 artists

david hockneys ipad drawings sell for 8 3 m at sothebys london doubling sales high estimate 1234757822

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.

newspaper ARTnews open_in_new Read original

article news schedule Oct 7, 2025 visibility 22 link 22 artists

art insurance los angeles wildfires 1234755619

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.

newspaper ARTnews open_in_new Read original

museum exhibitions schedule Sep 29, 2025 visibility 16 link 11 artists

almaty museum of arts kazakhstan opens 1234753927

The Almaty Museum of Arts (ALMA) opened on September 12 in Kazakhstan's largest city, becoming the country's first private museum dedicated to modern and contemporary art. Founded by auto and real estate tycoon Nurlan Smagulov, the museum houses his collection of over 700 artworks by Kazakh, Central Asian, and international artists. Led by artistic director Meruyert Kaliyeva and chief curator Inga Lāce, the museum's opening features a retrospective of Almaty-born artist Almagul Menlibayeva and a group show titled "Qonaqtar" that explores Kazakh art history and hospitality.

newspaper ARTnews open_in_new Read original

candle obituary schedule Sep 24, 2025 visibility 23 link 16 artists

thomas kellein kunsthalle basel chinati foundation dead 1234753427

Thomas Kellein, a curator and art historian known for leading museums in Europe and the US, died in Berlin at age 70 following a serious illness. He directed the Kunsthalle Basel (1988–1995), organizing shows for Cindy Sherman, Mike Kelley, and Rachel Whiteread, and later led the Kunsthalle Bielefield (1996–2010) with exhibitions of Caspar David Friedrich, Jeff Koons, and others. He briefly directed the Chinati Foundation in Marfa, Texas (2010–2012) before resigning, and subsequently led the Written Art Collection in Germany, commissioning text-based works by Lawrence Weiner, Jenny Holzer, and Qiu Zhijie.

newspaper ARTnews open_in_new Read original

candle obituary schedule Sep 22, 2025 visibility 22 link 25 artists

agnes gund dead moma art collecting 1234752843

Agnes Gund, one of the most influential art patrons in the United States, has died at 87. Her collecting and philanthropy transformed the American art world, particularly at the Museum of Modern Art (MoMA), where she served as president from 1991 to 2002 and remained a life trustee. Gund helped fund MoMA's 2004 expansion, designed by Yoshio Taniguchi, and played a key role in bringing MoMA PS1 under the museum's aegis in 1999. She was a longtime donor of over 250 works to MoMA, including pieces by Jasper Johns, Elizabeth Murray, and Julie Mehretu, and appeared on the ARTnews Top 200 Collectors list every year from 1990 to 2018.

newspaper ARTnews open_in_new Read original

candle obituary schedule Sep 8, 2025 visibility 23 link 19 artists

barbara jakobson collector moma trustee dead 1234751166

Barbara Jakobson, a prominent art collector and longtime trustee of the Museum of Modern Art (MoMA), died at age 92 on August 25 in Manhattan due to pneumonia. Known for her extensive network of relationships with artists, dealers, and curators, she was a central figure in the New York art world for decades. Jakobson served on MoMA's board since 1974, helped found the Studio Museum in Harlem in 1968, and persuaded dealer Leo Castelli to donate Robert Rauschenberg's iconic work "Bed" (1955) to MoMA. Her Upper East Side townhouse, filled with works by artists such as Matthew Barney, Diane Arbus, and Robert Mapplethorpe, was a testament to her lifelong engagement with contemporary art.

newspaper ARTnews open_in_new Read original

trending_up market schedule Aug 15, 2025 visibility 21 link 11 artists

ole faarup collection christies sale doig ofili 1234749450

Christie’s will host a single-owner sale of the contemporary art collection of Danish businessman Ole Faarup in October, featuring works by Peter Doig, Chris Ofili, Jean-Michel Basquiat, and others. The sale, estimated at up to £22 million, is anchored by two major Doig paintings—Country Rock (1998–99) and Ski Jacket (1994)—and Ofili’s Blossom (1997). Proceeds will fund the newly formed Ole Faarup Art Foundation, which aims to promote Danish art internationally and bring international works to Danish museums.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jul 27, 2025 visibility 27 link 29 artists

figurative painting trend boom bust market politics zombie jennifer packer salman toor louis fratino 1234747400

The article examines the narrative that figurative painting died and made a comeback, arguing instead that it never truly disappeared. It traces the art market's pendulum swing from zombie formalism around 2014 to a surge in figurative painting by 2015, fueled by collectors seeking new, affordable works to flip quickly. The piece highlights emerging painters like Gina Beavers, Mira Dancy, Jamian Juliano-Villani, and Greg Parma Smith, and notes that the boom created auction stars whose prices later crashed, as reported in a 2024 New York Times article.

newspaper ARTnews open_in_new Read original

museum exhibitions schedule Jul 25, 2025 visibility 25 link 30 artists

america 250th anniversary exhibitions 2662919

Museums across the United States are preparing exhibitions to mark the 250th anniversary of American independence in 2026. The New York Historical will present "Democracy Matters," opening June 19, 2026, exploring voting, free speech, and land rights through works by Thomas Cole, Mel Chin, and Lady Pink alongside historic documents. The Museum of Fine Arts, Boston will debut "America at 250" on the same date, integrating Native and non-Native art with pieces like Gilbert Stuart's portrait of George Washington and a critique by Mohawk artist Alan Michelson. The National Portrait Gallery had planned "Amy Sherald: American Sublime" for September 2025, but Sherald canceled the show over censorship concerns in July 2025. The Philadelphia Museum of Art will host "A Nation of Artists" from April 2026 through September 2027, featuring Frederic Edwin Church's "Pichincha."

newspaper Artnet News open_in_new Read original

museum exhibitions schedule Jul 24, 2025 visibility 24 link 28 artists

copyists exhibition centre pompidou metz louvre 1234748114

Over 100 contemporary artists, including Jeff Koons, Paul McCarthy, Julie Mehretu, Camille Henrot, Claire Tabouret, and Julien Creuzet, were invited to create copies of masterpieces from the Louvre's collection. Their works are now on view in the exhibition "Copyists" at the Centre Pompidou-Metz, a satellite of the Pompidou in northeastern France. The show features reinterpretations of iconic paintings such as Eugène Delacroix's *Liberty Leading the People* (1830), Giovanni Bellini's *Portrait of a Man* (ca. 1475–1500), and Théodore Géricault's *The Raft of Medusa* (1818–19), among others. Co-curators Donatien Grau and Chiara Parisi emphasize that the exhibition is about the act of copying itself, not just the resulting copies, and that it creates a dialogue between contemporary artists and historical masters.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jul 24, 2025 visibility 20 link 17 artists

albright college collection sale reading museum 2669929

Albright College in Reading, Pennsylvania, has sold its Freedman Gallery collection for $995,000 to address budget deficits, despite immediate pushback from faculty, community members, and the Freedman family. The Reading Public Museum acquired more than 250 works through a pre-sale agreement, selecting pieces that enhance its holdings, include renowned masters, or have local resonance. The remaining works were auctioned online by Pook and Pook on July 16, surpassing presale estimates, with top lots by Salvador Dalí and Leonid Sokov.

newspaper Artnet News open_in_new Read original

museum exhibitions schedule Jul 23, 2025 visibility 18 link 10 artists

rauschenberg centenary shows 2571710

The Robert Rauschenberg Foundation is launching a global centenary celebration for the artist's 100th birthday, spanning 2025–2026. The program includes major exhibitions at seven institutions across five countries, such as "Five Friends" at Museum Brandhorst in Munich and Museum Ludwig in Cologne, photography shows at the Museum of the City of New York and Fundación Juan March in Madrid, and an exhibition at M+ in Hong Kong focusing on Rauschenberg's ROCI program. The foundation is also initiating grant-making initiatives to highlight Rauschenberg's legacy in art, technology, environmentalism, and social justice.

newspaper Artnet News open_in_new Read original

article policy schedule Jul 19, 2025 visibility 19 link 7 artists

black arts institutions funding nea cuts 1234747703

The National Endowment for the Arts (NEA) has announced funding cuts to arts organizations across the U.S. as part of broader government spending reductions under the Trump administration. These cuts disproportionately affect Black-led art institutions, including the Museum of Contemporary African Diasporan Art (MoCADA), Museum Hue, and the Billie Holiday Theatre, which rely heavily on federal grants for programming and operations. While some organizations received final payments or avoided returning funds, they face an uncertain future as critical funding streams are terminated or made ineligible for renewal.

newspaper ARTnews open_in_new Read original

museum exhibitions schedule Jul 16, 2025 visibility 20 link 13 artists

kaws take over new york botanical garden 2668006

The New York Botanical Garden (NYBG) has announced that artist KAWS (Brian Donnelly) will take over its 250-acre landscape in 2027 with a large-scale, unnamed exhibition featuring his iconic sculptures such as Companion, BFF, and Chum. The show follows the model of NYBG's 2021 "Cosmic Infinity" exhibition by Yayoi Kusama, which drew around 845,000 visitors. The announcement also coincides with NYBG's current "Van Gogh's Flowers" display and a planned 2026 orchid show by Mr. Flower Fantastic.

newspaper Artnet News open_in_new Read original

article news schedule Jul 10, 2025 visibility 17 link 9 artists

albright college is selling its art collection to cut 20 m deficit but donors oppose the move 1234746861

Albright College in Reading, Pennsylvania, is selling over 500 works from its art collection via an online auction at Pook & Pook Inc. scheduled for July 16, in an effort to address a $20 million deficit. The sale, titled "Fine Art from an East Coast Educational Institution," includes works by Bridget Riley, Jasper Johns, Romare Bearden, and Jacob Lawrence, and is expected to raise around $200,000. The college has also laid off staff and sold non-contiguous properties to cut costs. Donors, including the daughters of late collector Doris C. Freeman, have opposed the move, arguing it violates the original intent of the gifts.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jul 10, 2025 visibility 23 link 31 artists, 8 galleries

art dealer provocative solution poaching problem 2655240

Art dealer Wendi Norris of San Francisco has introduced buyout clauses in contracts with her artists, borrowing a strategy from professional sports. If an artist leaves for a mega-gallery like Gagosian, Hauser & Wirth, Pace, or David Zwirner, Norris receives financial compensation—such as the right to purchase works at her original prices for potential resale. This practice aims to address the widespread problem of poaching, where larger galleries lure rising artists away from the smaller dealers who nurtured their careers, often causing financial and emotional strain.

newspaper Artnet News open_in_new Read original