art collector mistake guide

The article compiles personal anecdotes from several art collectors—Laurent Asscher, Suzanne Syz, Rob and Eric Thomas-Suwall, Toby Milstein Schulman, and Danielle Falls—who share mistakes they made while building their collections. Asscher recounts buying a lesser Basquiat at Christie's before quickly reselling it to acquire a superior work at Phillips; Syz regrets buying a piece because others wanted it; the Thomas-Suwalls missed out on a Dominique Fung diptych; Schulman accidentally bought a work attributed 'after Keith Haring' at a charity auction; and Falls reflects on her early eagerness as a young trustee of the Bronx Museum.

rodrigo padilla whitney museum collector

Rodrigo Padilla, a hairstylist who built his career at Sally Hershberger and now serves on the Whitney Museum’s Drawing and Print Acquisitions Committee, discusses his art collection with his husband Elliott Trice. The couple’s Midtown flat features works by Latin American and diaspora artists including Wura-Natasha Ogunji, Amy Bravo, Verónica Vázquez, Angel Otero, Paul Mpagi Sepuya, Dagoberto Rodríguez, and others. Padilla credits Whitney trustee Brooke Garber Neidich with inspiring his collecting journey by advising him to “see everything.”

salman toor paintings luhring augustine

Salman Toor's largest exhibition to date, "Wish Maker," opened May 2 across Luhring Augustine's Chelsea and Tribeca galleries in New York. The Chelsea space features new paintings, while the Tribeca show is the artist's first dedicated presentation of works on paper. The two-venue presentation is Toor's first major New York showing since his solo exhibition at the Whitney Museum of American Art in 2020, which launched him to art stardom. The article includes an interview conducted by CULTURED contributor Adam Eli, where Toor discusses his creative process, his attachment to finished paintings, and how his need to come out as queer through painting drove the development of his distinctive style.

OSCAR MURILLO: PAINTING AS A WELL OF ACCUMULATION

ÓSCAR MURILLO: LA PINTURA COMO POZO DE ACUMULACIÓN

The article profiles Colombian-born artist Oscar Murillo and his expansive, socially-engaged practice. It details his rise to international prominence in the early 2010s with large-scale paintings that incorporate text, textiles, and studio detritus, and highlights his ongoing, collaborative project 'Frequencies,' which involves students from over thirty countries creating works on canvases attached to school desks. The piece also references his major solo exhibitions, including 'El pozo de agua' at kurimanzutto in Mexico City (2026), 'Masas' at WIELS in Brussels (2024), and 'The flooded garden' at Tate Modern (2024).

Expo Chicago art fair returns with a ‘refined’ floor plan and Obama Center ties

Expo Chicago, the city's major international art fair, has opened its 2024 edition at Navy Pier with a redesigned floor plan intended to improve visitor flow and gallery visibility. The fair features over 170 galleries from 29 countries, with a notable contingent of Chicago-based exhibitors and a special section dedicated to art from the African diaspora.

"A Radical Change": Art Brussels Reinvents Itself for Its Collectors

« Un changement radical » : Art Brussels se réinvente pour ses collectionneurs

Art Brussels, the Belgian art fair, is implementing a significant strategic overhaul for its 42nd edition. The fair is reducing its size by 18%, featuring 136 galleries, and consolidating into a more compact layout to prioritize visitor experience and quality over quantity. It is introducing a new artistic advisory desk to guide collectors and launching a curated section for monumental works.

Felix Art Fair Founder Mills Morán Steps Back From Gallery Duties

Mills Morán, cofounder of the Los Angeles gallery Morán Morán, is stepping away from its day-to-day operations to focus on Felix Art Fair, the fair he cofounded with his brother Al Morán and collector Dean Valentine in 2018. The fair, held at the Hollywood Roosevelt Hotel alongside Frieze Los Angeles, has staged eight editions. Morán announced the decision in a statement shared with artists and colleagues, citing personal recalibration after nearly two decades in the art world and a desire to be more present for loved ones.

'I get strong gut reactions': Jonathan Travis on what he collects and why

Jonathan Travis, a realtor and art collector who has helped drive the migration of New York galleries to Tribeca, discusses his collecting habits in an interview with The Art Newspaper. Travis, a partner at Redwood Property Group, has found Tribeca homes for around 40 galleries and co-founded the Wolf Hill artist residency in Chappaqua, New York, with Ethan Rafii. He shares details about his first purchase (a Nicole Eisenman painting), his most recent acquisition (a Masanori Tomita painting), and his strong gut reactions when buying art in person. He also mentions works in his collection by artists such as Sasha Gordon, Jenna Gribbon, and Arcmanoro Niles, and expresses excitement for the Salvador Dalí show at Di Donna and the May auctions.

With New Tribeca Outpost, Gratin Gallery Doubles Down on Young Artists

Gratin Gallery, founded by Talal Abillama, is opening a new outpost in Tribeca at 15 White Street, leased for ten years. The space will debut on May 15 with “Blinds and Shutters,” the first U.S. solo exhibition of Spanish sculptor Mónica Mays. The gallery, which started on Avenue B in 2022 and later moved to Grand Street, is expanding despite a challenging art market. Abillama cites the need to be closer to collectors who avoid the 15-minute walk from Tribeca to Chinatown. The new location sits near Luhring Augustine and Ortuzar Projects, and will officially open in November after renovations.

New fund helps museums make purchases at Frieze New York

The Sherman Family Foundation Acquisition Fund has launched at Frieze New York, providing $50,000 annually to help US museums acquire works from the fair's Focus section, which features solo stands by galleries under 12 years old. In its first year, the Baltimore Museum of Art acquired works by Reika Takebayashi, Seba Calfuqueo, and Joanne Burke, while the Brooklyn Museum acquired two works by Bettina (Bettina Grossman). Each artist also receives an unrestricted $5,000 award.

Mary Lovelace O’Neal, Abstract Painter Who Refused to Conform, Dies at 84

Mary Lovelace O’Neal, an abstract painter known for her gestural, unruly works that defied categorization, died on Sunday in Mérida, Mexico, at age 84. Her galleries, Jenkins Johnson and Marianne Boesky, announced her passing. O’Neal produced sprawling paintings characterized by tangles of drippy strokes, often using lamp black pigment to create intensely black canvases. She rejected labels like Abstract Expressionist or Minimalist, insisting she was simply a painter. Her series "Whales Fucking" (1979) and a 2020 exhibition at Mnuchin Gallery revived her profile, leading to inclusion in the 2024 Whitney Biennial.

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.

How Will the Venice Biennale Impact Alma Allen’s Market?

Artist Alma Allen has been selected as America's representative at the Venice Biennale, sparking controversy due to the unusual selection process under President Trump. The pavilion is commissioned by the newly formed American Arts Conservancy, led by Jenni Parido, who previously ran a pet food lifestyle shop and entered Trump's orbit through Mar-a-Lago pet charity events. Following the announcement, Allen's galleries Olney Gleason and Mendes Wood DM dropped him, but he was quickly picked up by high-profile gallery Perrotin. The article examines how the Biennale and its attendant drama might affect Allen's market, noting his longtime collectors include Beth Rudin DeWoody, Peter Morton, Jack Pierson, and others, while his auction prices have remained modest.

Stockholm's Market Art Fair wants to prove the 'periphery is now essential'

The 20th edition of Stockholm's Market Art Fair for Modern and contemporary art opens in a new waterfront venue at Magasin 9 in the Frihamnen docks area, running until 26 April. This year, 54 dealers—mostly from the Nordics—are joined by international galleries from the US and UK, including Anthony Wilkinson gallery (London) and albertz benda (New York). The fair expanded its reach last year by opening applications to galleries without existing Nordic ties. Notable presentations include new works by Ólafur Elíasson (i8 gallery, Iceland), dystopian paintings by Munan Øvrelid (Galleri Haaken, Oslo), and textile works by Petra Lindholm (Magnus Karlsson gallery). Prices range from SEK 28,000 to €195,000, with strong early sales reported.

Fraenkel Gallery Partners with New York’s Metrograph for Artist-Curated Series

Fraenkel Gallery has partnered with New York's Metrograph theater to present a film series curated by six of its represented artists. The series, titled "Fraenkel Gallery Presents," runs from May 8–17, with each artist selecting a film and several introducing their screenings. The collaboration includes an opening event featuring artist Carrie Mae Weems and director Joel Coen.

Ghosts, nudes and lesbian pageant queens: highlights from NYC’s Photography Show – in pictures

Aipad: The Photography Show is taking place at the Park Avenue Armory in New York from April 22-26, 2026, featuring works from over 70 galleries. The exhibition highlights include Bill Brandt's 1952 nude, Rania Matar's portrait of a young woman in Lebanon, and Zanele Muholi's 2009 portrait of a lesbian pageant queen, alongside works by Tania Franco Klein, Ruth Thorne-Thomsen, and others that explore themes of identity, anxiety, and alternative realities.

alserkal art month dubai art week expansion art dubai 2026

Alserkal Avenue in Dubai is expanding its traditional Art Week into a five-week "Art Month" running from April 18 to May 18. This strategic extension includes 16 gallery exhibitions, over 100 public events, and a new commercially focused group show featuring 12 UAE-based galleries. The initiative aims to provide a more sustainable platform for the local art ecosystem, especially as the Art Dubai fair has been rescheduled to mid-May and adapted in response to regional instability.

London’s National Gallery announces architects for new £350m wing

The National Gallery in London has selected Japanese architecture firm Kengo Kuma and Associates to design a new £350m wing, scheduled to open in the early 2030s. Chosen from a shortlist of six finalists, Kuma’s design features a Portland stone exterior and will be constructed on the site of the soon-to-be-demolished St Vincent House. The extension will provide nearly double the space for temporary exhibitions and an additional 1,500 square meters for the permanent collection, connected via bridges to the existing Sainsbury Wing and Wilkins building.

ariana papademetropoulos thaddaeus ropac paris exhibition

Ariana Papademetropoulos has debuted a new solo exhibition titled "Glass Slipper" at Thaddaeus Ropac’s gallery in Paris. The show features a diverse range of works, including hyper-realistic paintings of dry-cleaned dresses, surrealist landscapes featuring floating chairs, and a central immersive installation. This centerpiece consists of a mattress and a fish tank filled with 150 kissing fish, accompanied by a commissioned ambient soundtrack by Nicolas Godin of the band Air, designed to evoke a meditative, ritualistic experience.

Patron Gallery Adds Miao Wang to Its Roster, and More: Industry Moves for April 1, 2026

Several galleries announced new artist representations and expansions. Patron Gallery added painter Miao Wang, who will appear at Expo Chicago; Jessica Silverman added Neo-Pop painter Koak; Anat Ebgi added painter Veronica Fernandez; and Sundaram Tagore Gallery opened a new London space. Additionally, Open Restitution Africa launched an AI-powered database to assist with restitution processes.

Miart Turns 30 With a Bigger, Bolder Edition in Milan

Miart, Milan's international modern and contemporary art fair, is launching its 30th-anniversary edition in a new, larger venue, the Allianz MiCo South Wing. The 2026 edition, themed "New Directions: Miart, but different," will host 160 galleries from 24 countries across three levels, featuring sections like Emergent for new voices, Established for historical dialogue, and a special film project called Movements.

Independent 2026 Exhibitor List Announced

independent 2026 exhibitor list

Independent has unveiled the exhibitor list for its 17th edition, scheduled for May 14–17, 2026. The fair is relocating to a new venue at Pier 36 in New York’s Lower East Side and will feature 76 exhibitors showcasing over 100 artists. Notably, more than 70 percent of the booths will be dedicated to solo presentations, including a special solo project by Rei Kawakubo for Comme des Garçons and sculptural installations by Gretchen Bender and Francis Upritchard.

art market report 2025 growth high end sales

The global art market returned to growth in 2025, reaching $59.6 billion in sales according to the latest Art Basel and UBS Art Market Report. This 4 percent increase ended a two-year decline, driven primarily by a 9 percent surge in public auction sales and a significant revival in high-value transactions for works priced over $10 million. While the United States maintained its dominant 44 percent market share, the recovery was uneven, with the Impressionist and Old Masters sectors seeing major gains while Postwar and Contemporary art continued to cool.

Hong Kong Art Week 2026: Art Basel Preview

hong kong art week art basel preview

Hong Kong’s art market is signaling a cautious recovery in 2026 as the city prepares for its marquee Art Week. Despite macroeconomic improvements in real estate and equities, the sector is grappling with significant logistical hurdles caused by the US–Israel–Iran War. Shipping costs between Europe and China have surged by 30%, leading to the cancellation of the International Antiques Fair and the withdrawal of high-profile delegations like the Sharjah Art Foundation.

The Big Ideas Driving Art Paris This Year

Art Paris 2026 will take place from April 9–12 at the Grand Palais, featuring two major curated themes: "Babel – Art and Language in France," guest-curated by Loïc Le Gall, and "Reparation," curated by Alexia Fabre. The fair will include roughly 165 galleries, with sectors like Promises for emerging artists, Solo Show for monographic presentations, and French Design Art Edition.

At Palm Beach’s Hottest Fair, Blue-Chip Meets Emerging Art

The ninth edition of the Palm Beach Modern and Contemporary (PBM+C) art fair opened with a VIP preview benefiting the Ann Norton Sculpture Gardens. The fair, presented by Art Miami, features 55 international galleries showcasing a mix of blue-chip modern works, contemporary art, and emerging talent, with highlights including special exhibitions dedicated to Russell Young's Marilyn Monroe centennial works and a satellite exhibition at the sculpture garden.

london stephen friedman gallery abruptly closes insolvency

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.

frieze los angeles satellite fairs report

The Felix Art Fair kicked off LA Art Week at the Hollywood Roosevelt Hotel, drawing significant crowds despite logistical hurdles. While long lines for elevators slowed the initial flow of visitors to the upper floors, exhibitors reported steady interest and early sales. New York-based dealers faced particular challenges arriving for the opening due to a major Nor’easter that disrupted flights across the East Coast, forcing many to finalize their booths just hours before the VIP preview.

mnuchin gallery to close after death of founder in december

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.

jeffrey deitch miles greenberg apology lexa gates wheel

New York’s Jeffrey Deitch gallery apologized to artist Miles Greenberg after rapper Lexa Gates staged a performance inside a giant wheel at the gallery on January 14 to promote her album. Greenberg noted striking similarities to his own endurance piece Oysterknife, in which he walked on a conveyor belt for nearly a full day, first performed at the Marina Abramović Institute in 2020 and restaged at Jeffrey Deitch in 2021. Gates responded that she had never seen Greenberg’s work, but the gallery later acknowledged an “unauthorized derivative” of Greenberg’s work had taken place without his consent.