Cause for cheer at Art Basel as strong preview-day sales take many galleries by surprise

Major international galleries reported unexpectedly strong sales on the preview day of Art Basel, despite geopolitical tensions, stock market volatility, and uncertainty over US tariffs. Thaddaeus Ropac sold works by Georg Baselitz, James Rosenquist, and Robert Rauschenberg, while Gagosian, David Zwirner, Pace, and Hauser & Wirth also reported multimillion-dollar sales, including a Ruth Asawa sculpture for $9.5 million and a Pablo Picasso painting priced at $30 million. Many dealers expressed surprise at the speed and volume of sales, which defied the broader international environment.

Art Basel 2025

Art Basel 2025 opened with strong preview-day sales, surprising many galleries after a tough year in the art market. Dealers reported a 'buyer's market' with price reductions and flexibility, while high-priced works by Jeff Koons, Michael Armitage, Adrian Ghenie, and Frank Bowling sold. The fair introduced a new section called Premiere for works made in the past five years, aimed at easing participation for small to mid-sized galleries. Satellite fairs including Africa Basel, Liste, Volta, and Maze Design Basel also launched or celebrated anniversaries. Other highlights include the Baloise Art Prize awarded to Rhea Dillon and Joyce Joumaa, a Holbein drawings rehang at Kunstmuseum Basel, and a visa denial for artist Richard Mudariki. Qatar took center stage ahead of a new fair in 2026, and limited-edition Labubu figurines caused a frenzy at the Art Basel Shop.

At Sotheby’s, a $70M Giacometti Fails to Sell While Works By Munch and Cézanne Ignite Buyer Excitement

Sotheby’s Modern Evening Auction on May 13, 2025, achieved $186.4 million in sales but was overshadowed by the failure of its headline lot: Alberto Giacometti’s hand-painted bronze bust *Grande tête mince (Grande tête de Diego)*, estimated at $70 million. The work, consigned by the Soloviev Foundation, went unsold after minimal bidding, lacking a guarantee or irrevocable bid. Other highlights included a strong performance by Edvard Munch and Paul Cézanne works, with 40% of lots exceeding high estimates. Notable sales included Georgia O’Keeffe’s *Leaves of a Plant* ($12.97 million) and Alexander Calder’s *Four Big Dots* ($8.285 million), both fresh to market.

Frieze and NADA New York’s Early Sales Signal Buyer Confidence

Frieze New York opened its VIP preview on May 7, with early sales indicating cautious but steady buyer confidence amid economic uncertainty and the recent acquisition of the fair by Endeavor's former CEO Ari Emanuel. American buyers dominated, while Asian and European collectors were largely absent. Mega-galleries like Gagosian and Pace reported significant sales, including Jeff Koons's Hulk Elvis sculptures and works by Adam Pendleton and Lynda Benglis, though the atmosphere was more subdued and negotiation-friendly than in previous years.

Frieze New York shows signs of stability in challenging US art market

Frieze New York (7-11 May) opens its 13th edition at The Shed with around 65 galleries, including mega-galleries Gagosian, David Zwirner, Hauser & Wirth, Pace, and White Cube. The fair arrives amid a turbulent art market: global art sales declined 12% in 2024 per Clare McAndrew's Art Market Report, and President Trump's tariff decisions have roiled the stock market. Frieze's owner Endeavor recently sold the fair to a new company founded by former CEO Ari Emanuel. Despite this, US fair director Christine Messineo expresses optimism, citing strong sales at Frieze Los Angeles in February. The Focus section features 12 emerging galleries, seven of which are first-time participants, including King's Leap, Management, Voloshyn Gallery (Kyiv), and Public Gallery (London).

Charge of the Indian art brigade

At a Christie’s auction in New York’s Rockefeller Center, an untitled work (Gram Yatra) by MF Husain sold for over Rs 118.7 crore ($13.8 million), becoming the most expensive modern Indian painting ever sold. The buyer is reportedly collector and philanthropist Kiran Nadar. Other record-tying sales include Amrita Sher-Gil’s The Story Teller and Tyeb Mehta’s Trussed Bull, each fetching Rs 61.8 crore at SaffronArt auctions, while a Jagdish Swaminathan painting exceeded estimates at Sotheby’s. These results come amid a 19% rise in the top 50 Indian artists’ sales to $36.2 million, per the 2024 Hurun India Art List.

14 best galleries in NYC to visit

This article lists 14 of the best art galleries to visit in New York City, highlighting major commercial spaces such as Hauser & Wirth, Gagosian Gallery, David Zwirner, Gladstone Gallery, Greene Naftali, Cavin-Morris Gallery, and Neue Galerie. It describes each gallery's location, specialty, and notable represented artists, from blue-chip contemporary stars to historical figures and self-taught visionaries.

National Portrait Gallery

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Openings

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The Great Lone Wolf of Art

Der große Einzelgänger der Kunst

Georg Baselitz, the German painter known for his radical, figurative works and iconic upside-down motifs, has died at age 88. Born Hans-Georg Kern in 1938 in Deutschbaselitz, Saxony, he fled East Germany for West Berlin in 1957 after being expelled from art school for "socio-political immaturity." Baselitz rose to international fame with his expressive, fractured depictions of the human figure, famously inverting his compositions starting with "Der Wald auf dem Kopf" (1969). He also worked as a stage and costume designer for operas by Harrison Birtwistle, György Ligeti, and Richard Wagner.

Tate announces 2026 Turner Prize shortlist.

Tate Britain has announced the shortlist for the 2026 Turner Prize, featuring artists Simeon Barclay, Kira Freije, Marguerite Humeau, and Tanoa Sasraku. Each shortlisted artist receives £10,000 ($13,500), and their work will be exhibited at Teesside University’s Middlesbrough Institute of Modern Art (MIMA) in North England from September 26, 2026 to March 29, 2027. The winner, to be announced at an awards ceremony at MIMA on December 10, 2026, will receive £25,000 ($33,760).

Matisse, 1941-1954 review – hit after glorious hit in a show of life-enhancing genius

A major exhibition at the Centre Pompidou and the Grand Palais focuses on the final, revolutionary period of Henri Matisse's career, from 1941 to 1954. The show charts his artistic reinvention following a life-threatening surgery, beginning with obsessive, reworked paintings from his Nice studio during the war and culminating in the radiant, large-scale cut-outs for which he is widely celebrated.

New York Academy of Art Donates $66,000 Linked to Jeffrey Epstein

The New York Academy of Art has donated $66,000 in funds originally received from convicted sex offender Jeffrey Epstein to Girls Educational and Mentoring Services (GEMS), a nonprofit supporting sexually exploited girls. The move redirects all donations the school accepted from Epstein after his 2008 conviction. The academy's board chair, Eileen Guggenheim, who solicited the funds, will retire from her role a month early on April 1, following renewed scrutiny of the institution's Epstein ties.

jean michel basquiat work phillips frieze week sales london

Phillips has announced the lineup for its October London sales during Frieze Week, headlined by Jean-Michel Basquiat's 1982 work on paper, *Untitled (Pestus)*, estimated at £3 million ($4 million). The 26-lot evening auction on October 16 also includes Andy Warhol's diamond dust portrait of Giorgio Armani (estimate £800,000), Banksy's *Kate Moss* (estimate £1 million), and works by Jadé Fadojutimi, Flora Yukhnovich, Damien Hirst, Anish Kapoor, Sasha Gordon, and Emma McIntyre. A day sale on October 18 features pieces by Keith Haring, Warhol, Basquiat, Anselm Kiefer, and Yoshitomo Nara.

Recipients of $100,000 Rauschenberg Centennial Award Named

The Robert Rauschenberg Foundation has announced the recipients of its one-time Rauschenberg Centennial Award, a $100,000 unrestricted prize honoring the artist's 100th birthday. Winners include artist Senga Nengudi, performer David Thomson, photographers Chandra McCormick and Keith Calhoun, and poet Patricia Spears Jones, all of whom were selected from past participants of the foundation's Captiva Residency program.

art guide new york exhibitions

The article reviews the joint exhibition "Hunks" at Bureau gallery in New York, featuring works by painter Julia Rommel and photographer Lucas Blalock. Rommel's post-minimalist abstract paintings, created through folding and stapling canvases, explore color and texture with a personal touch, while Blalock's digitally manipulated photographs blend studio effects and surreal editing. The show runs through February 21, 2026, at the gallery's 112 Duane Street location.

art basel qatar fair report doha

The first-ever Art Basel Qatar opened in Doha with 84 single-artist presentations from 87 galleries, spread across two venues: the Doha Design District and M7. The fair, a partnership between Art Basel, Qatar Sports Investments, and QC+, features a tightly curated schedule of events, including a drone installation by Jenny Holzer at the Museum of Islamic Art and a floating dinner by artist Laila Gohar. Despite the usual fair rhythms, sales have been slow, and the event emphasizes engagement over transaction, as articulated by Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani.

art what to see in new york galleries right now

This week's Critic's Table column highlights three New York gallery and museum shows. Painter Sam McKinniss praises Helene Schjerfbeck's first major U.S. institutional survey, "Seeing Silence: The Paintings of Helene Schjerfbeck," at the Metropolitan Museum of Art, calling the Finnish modernist more fascinating than Edvard Munch. Critic Johanna Fateman argues that Joan Semmel's career-spanning exhibition "In the Flesh" at the Jewish Museum proves her recent icon status is well-deserved and long overdue. Artist Ajay Kurian reviews Marguerite Humeau's mythic ecosystems at White Cube.

Horst Antes at 90: Major Shows Celebrate German New Figuration Pioneer

German artist Horst Antes, born in 1936, is being celebrated with two major exhibitions timed to his 90th birthday. Galerie Koch in Hannover presents a solo show titled “Horst Antes: Exhibition Marking the Artist’s 90th Birthday,” while the Sprengel Museum Hannover concurrently mounts “A Collection,” featuring roughly 80 works from its holdings. The shows highlight Antes’s pioneering role in New Figuration, particularly his iconic “Kopffüßler” (Head-Footer) character, which appears across paintings, sculptures, and works on paper from 1969 to 2014. The Galerie Koch exhibition also foregrounds his “House Pictures,” which explore architecture through non-hierarchical color planes and ambiguous perspective.

A $433 Million Boost for the Market

Sotheby's May 2026 auctions in New York generated $433.1 million in sales over under three hours, a 132.7 percent increase compared to the same period last spring, despite offering fewer lots. This strong performance signals a top-heavy recovery in the art market after three years of contraction. Separately, the Neue Galerie will merge with the Metropolitan Museum of Art in 2028, and Art Dubai continues despite disruptions from the U.S.-Iran war.

With new Costume Institute exhibition and galleries, the Met makes powerful statement about fashion's place in museums

The Metropolitan Museum of Art has opened a major new Costume Institute exhibition titled "Costume Art," which runs until January 10, 2027, in the newly designed Condé M. Nast Galleries by Peterson Rich Office. Curated by Andrew Bolton with Stephanie Kramer, Ayaka Iida, and Emily Mushaben, the show features nearly 400 objects from all 19 of the museum's collecting departments, organized around body typologies such as the "Classical Body" and "Aging Body." The exhibition marks a significant institutional commitment to fashion as a central curatorial concern, with the 12,000-square-foot space adjacent to the Great Hall.

Long-Hidden Keith Haring Artworks Come to Auction

A collection of rare Keith Haring artworks, gifted to his childhood friend Kermit Oswald over nearly three decades, is coming to auction at Sotheby’s Breuer Building in May 2025. The trove includes a self-portrait from 1985 (estimated at $3–5 million), a painted crib and dresser ($250,000–350,000), a carved wood sculpture from 1983 (up to $800,000), and other early works on wood, fabric, and paper. These pieces trace Haring’s artistic evolution before his subway drawings and international fame, and were kept by Oswald, who was Haring’s best friend since kindergarten and later installed his shows.

Art Transport Hobbled and Prices Surging in Asia Amid US and Israel’s War in Iran

The ongoing conflict involving the United States, Israel, and Iran has severely disrupted the global art logistics network, particularly in Asia. A report in the Art Newspaper details soaring costs and shipping delays, with international air freight for fine art spiking up to 300% due to increased oil prices. Some exhibitions, like a Per Kirkeby show in China, have opened with fewer works, and shipments for Art Basel Hong Kong were stuck at sea for over a month. Shippers are now considering alternative routes, such as the China-Europe Railway Express, to mitigate delays and costs.

Glen Baxter obituary

Cartoonist and surrealist Glen Baxter has died at the age of 82. He was celebrated for his distinctive style, which blended deadpan captions with pop art-inspired scenes featuring characters like cowboys and spacemen in bizarre situations. His work appeared in major publications like the New Yorker and the Observer, and he was also a staple of humorous greeting cards.

Andy Warhol’s Former Studio Building Now Home to New Uniqlo Union Square Store

The former New York City studio building of Andy Warhol, known as The Factory, will now house a Uniqlo store. The Japanese fast-fashion brand is opening its seventh New York location on the ground floor of 860 Broadway, the same building where Warhol worked from 1974 to 1984. The brand is leveraging the site's artistic history by selling exclusive merchandise featuring Warhol's imagery to promote the opening.

varvara roza galleries

London-based gallerist and advisor Varvara Roza has established a unique business model that merges commercial representation with strategic artist development and collector education. Drawing from her background as a second-generation collector, Roza’s eponymous gallery focuses on mid-career and established international artists, prioritizing long-term career sustainability over short-term market trends. Her approach emphasizes a dual perspective, acting as both a mediator of cultural value and a strategic manager for her roster.

dealer michael ward charged by manhattan da

Manhattan District Attorney Alvin Bragg has charged veteran New York antiquities dealer Michael Ward with criminal facilitation following an investigation into the illicit trade of cultural property. Ward, who operated his Upper East Side gallery for nearly forty years, was convicted in September for his role in facilitating the sale of stolen artifacts, including a 1st-century gilded bronze plaque. Court documents reveal a broader pattern of misconduct involving 40 objects stolen from Italy, Greece, and Turkey, with a total value reaching into the millions.

warhol foundation fall 2025 grants

The Andy Warhol Foundation for the Visual Arts has announced its Fall 2025 grant recipients, awarding over $4 million to 57 arts organizations across 17 states, Washington, D.C., and two international locations. Grantees range from established institutions like the Contemporary Arts Museum Houston and Independent Curators International to smaller artist-run spaces such as Mini Mart City Park in Seattle and Transformer in Washington, D.C. Twenty organizations are first-time recipients, including Path with Arts in Seattle and Access Gallery in Denver. Exhibition support covers solo shows for artists like Ching Ho Cheng, Gisela Colón, and Leilah Babirye, as well as group exhibitions such as “Telenovelas” at the Americas Society and the Counterpublic 2026 Triennial.

titian top 10 works ranked

Artnet News ranks the top 10 works of Renaissance master Titian, using criteria of suggestiveness, mystery, and pop culture relevance. The list includes paintings such as "Pietà" (1575–76), "Danaë" (1544–46), "Assumption of the Virgin" (1516–18), and "The Rape of Europa" (1560–61), with commentary on their composition, history, and cultural impact.

zineb sedira 2026 tate britain commission

Tate Britain has announced that French-Algerian artist Zineb Sedira will create the next Tate Britain Commission, her largest project to date, set to run from May 2026 to January 2027 in the museum's Duveen Galleries. Curated by Jessica Vaughan, the commission will feature a new site-specific work responding to the architecture and history of Tate Britain. Sedira, who represented France at the 2022 Venice Biennale with her acclaimed pavilion “Dreams Have No Titles,” is known for exploring themes of diaspora, memory, and identity through photography, video, and installation.