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tefaf new york 2025 sales report 1234741687

TEFAF New York 2025 opened with 91 exhibitors, featuring a mix of blue-chip and emerging artists. Galleries reported sales including a €250,000 relief by Anne Imhof at Sprüth Magers, a $500,000 Sean Scully painting at Lisson Gallery, and multiple Ruth Asawa works at David Zwirner ranging from $50,000 to $2.8 million. Thaddaeus Ropac sold works by Daniel Richter for €840,000. The fair aims to attract younger buyers while maintaining its prestige, with fewer objects priced above $10 million than in previous years.

pace gallery berlin space opening 1234741010

Pace Gallery and Judin Gallery have opened a shared exhibition space in a converted 1950s gas station in Berlin's Schöneberg neighborhood, just ahead of Gallery Weekend Berlin. The venue, known as Die Tankstelle, was previously a museum dedicated to German artist George Grosz. Pace rents half the space from Judin founder Juerg Judin, with both galleries sharing operational costs. For the inaugural shows, Judin is exhibiting works on paper by Tom of Finland downstairs, while Pace shows works by Jean Dubuffet, Jean-Michel Basquiat, and Robert Nava upstairs. The galleries will alternate exhibitions, each mounting about three per year.

East Africa meets Western Europe as Michael Armitage takes on Venice's Palazzo Grassi

The artist Michael Armitage opens a monographic exhibition titled 'The Promise of Change' at Venice's Palazzo Grassi, featuring 46 large paintings and nearly 100 sketches that survey his past decade of work. At 42, Armitage is the youngest artist to receive a solo show at the palazzo, which is owned by François Pinault and has previously hosted Albert Oehlen, Luc Tuymans, and Marlene Dumas. The exhibition highlights Armitage's fusion of East African and Western European artistic influences, drawing on his upbringing in Kenya and his training at London's Byam Shaw School of Art, the Slade, and the Royal Academy.

Christie’s to sell an almost unknown Van Gogh double-sided drawing

A previously obscure double-sided drawing by Vincent van Gogh, created in the final weeks of his life, will be auctioned by Christie's in Paris. The sheet features a study of female pea pickers on one side and a landscape on the other, complete with color notations indicating Van Gogh's intention to develop them into paintings. The work has been authenticated by the Van Gogh Museum and carries an estimate of €100,000-€150,000.

A $15M De Kooning Leads Lévy Gorvy Dayan’s New Auction-Style Sales Experiment

Lévy Gorvy Dayan is launching LGD Hammer, a new live-bidding platform that blends private sales with auction dynamics. The inaugural sale on May 16 will feature a 1984 Willem de Kooning painting estimated at $10–15 million, led by co-founder Brett Gorvy, a former auction veteran. The article also reports on gallery closures (Stephen Friedman Gallery, Galerie Philipp Zollinger, Astor Gallery), artist moves (Zoe Leonard to Maxwell Graham, Kehinde Wiley among creditors), and Sotheby’s upcoming single-owner sale of Joe Lewis’s collection expected to exceed $200 million.

King Charles Visits Christie’s in New York, After White House Dinner

King Charles III and Queen Camilla made a surprise visit to Christie’s headquarters in New York on April 29, 2026, following a White House dinner and address to Congress. They attended a gala for the King’s Trust, a charity supporting young people from disadvantaged backgrounds, rather than bidding on auction lots like a $100 million Jackson Pollock or a $60 million Roy Lichtenstein. The event, co-chaired by Lionel Richie, drew guests including Martha Stewart and Anna Wintour, and featured a dinner in the James Christie Room. Christie’s CEO Bonnie Brennan curtsied to the king, and the royals viewed the new rostrum designed by Jony Ive, set to debut in New York during Christie’s May marquee week.

richter christies london hong kong 2743591

Christie's will offer three major paintings by Gerhard Richter in its March evening sales in London and Hong Kong. The London sale on March 5 features the 1984 photo-painting 'Schober (Haybarn)', estimated at £6 million, and a 1991 'Abstraktes Bild' abstract work, estimated at £4.5-6.5 million. The Hong Kong sale on March 27 will offer a larger 1991 'Abstraktes Bild', estimated at HK$78-98 million ($10-13 million), coinciding with Art Basel Hong Kong.

art galleries close for general strike 2741073

A nationwide general strike, called for Friday, January 30, 2026, in protest of U.S. Immigration and Customs Enforcement (ICE) operations in Minneapolis, has prompted numerous art galleries and organizations to close their doors. Major commercial galleries like Gagosian, David Zwirner, Hauser & Wirth, and Pace Gallery, alongside institutions such as the Museum of Contemporary Art Los Angeles and the Drawing Center, are participating in the shutdown.

art installations that could double as haunted houses 350258

Artnet News lists 10 immersive installation artworks that are creepy enough to double as haunted houses for Halloween. Featured works include Alex Da Corte's "Die Hexe" (2015) at Luxembourg & Dayan, which transformed a townhouse into a ghostly dollhouse with a morgue; Mike Kelley's "Exploded Fortress of Solitude" (2011) at Hauser & Wirth, a sculptural interpretation of Superman's lair; Jonah Freeman and Justin Lowe's "Scenario in the Shade" at Red Bull Studios, a dystopian arts festival installation; Tobias Rehberger's "Bar Oppenheimer" (2013) at Hotel Americano, featuring disorienting dazzle camouflage patterns; and Puppies Puppies' "Gollum" at Queer Thoughts, where an actor in a Gollum mask performs live.

david hockney bayeux tapestry 2737689

David Hockney has publicly condemned the planned loan of the Bayeux Tapestry from France to the British Museum, calling the transport of the 950-year-old, 224-foot-long embroidered chronicle across the English Channel “madness” and an unnecessary risk. Writing in an op-ed for The Independent, the 88-year-old artist warned that moving the fragile artifact—which has nearly 10,000 holes and 30 tears—could cause irreversible damage such as fiber contraction, expansion, or color fading. The tapestry is scheduled for a 10-month loan to the British Museum later this year, and despite a £800 million insurance scheme and assurances from museum director Nicholas Cullinan, Hockney remains unconvinced, noting that a museum representative who met with him had not read his book "Secret Knowledge." The tapestry has already been moved from the Bayeux Museum to a secret storage facility, its first relocation in 40 years.

what are the 10 best works of art in new york museums let the debate begin 253472

Artnet News critic Christian Viveros-Fauné has published a personal list of the ten best works of art in New York museums, sparking debate among readers. The selection includes iconic pieces such as Giovanni Bellini's *St. Francis in the Desert* at the Frick Collection, Gerhard Richter's *October 18, 1977* at MoMA, Paul Cézanne's *The Card Players* at the Metropolitan Museum of Art, James Rosenquist's *F-111* at MoMA, Diego Velázquez's *Juan de Pareja* at the Met, and Pablo Picasso's *Les Demoiselles d'Avignon* at MoMA, among others.

art basel miami beach 2025 2725403

Art Basel Miami Beach 2025 opened amid cautious optimism following the $2.2 billion New York auctions, with Google co-founder Sergey Brin and WhatsApp co-founder Jan Koum spotted in Miami. Dealers reported strong sales, including an $18.5 million Joan Mitchell painting at Gray purchased by dealer Lillian Heidenberg. The fair introduced a new digital art section, Zero 10, sponsored by OpenSea and curated by Eli Scheinman, aimed at attracting crypto-wealthy collectors and younger audiences. Meanwhile, Art Basel hired Elena Soboleva, formerly of David Zwirner, as global head of audience growth and intelligence to engage the next generation of collectors.

art basel digital art 2724446

Art Basel Miami Beach 2025 launched a new digital art section called Zero 10, featuring works like Beeple's robotic dogs with billionaire heads and Tyler Hobbs' generative art. The fair aimed to attract tech-sector buyers, with sales including IX Shells' interactive video installation for $140,000 and Jack Butcher's pay-what-you-wish installation drawing hundreds of new collectors. The section had surprisingly few screens, emphasizing conceptual engagement over spectacle.

affordable art fair bargains 463022

The Affordable Art Fair opened its latest New York edition on March 30 at the Metropolitan Pavilion, featuring 72 galleries from six continents. The fair, now in its 15th year in New York, offers artwork priced between $100 and $10,000, with at least half of each booth's inventory under $5,000. Highlights include Lucy Sparrow's felt grocery items for $100, Orson Kartt's mixed media prints for $250, and Yann Guitton's oversized $20 bill artwork. The fair also offers themed tours such as “Female Voices” and “Finds Under $500.”

sperone westwater gallery winding down 2712272

Sperone Westwater, the venerable New York gallery that celebrated its 50th anniversary two months ago, will close as an entity on December 31, 2025. Co-founders Angela Westwater and Gian Enzo Sperone have decided to pursue separate endeavors, affecting 28 artists and estates. The gallery, known for representing legends like Bruce Nauman and David Lynch, will continue its current Richard Long show through December 13 and attend Art Basel Miami Beach as planned. The closure follows months of rumors and comes as both partners are in their 80s.

whitney museum downtown preview 283610

The Whitney Museum of American Art is preparing to open its new Meatpacking District museum, designed by Renzo Piano, on May 1. The new building will nearly double the museum's previous exhibition space, with two floors dedicated to its collection, and is expected to benefit from the millions of visitors who use the High Line. Despite past public criticism of expansions by other major New York museums like MoMA and the Frick, insiders including former MoMA curator Robert Storr and former Whitney director David Ross express strong support for the move, viewing it as a necessary and bold step forward.

abu dhabi art 2025 2713999

Abu Dhabi Art (ADA) opens its largest edition to VIPs on November 18 at Manarat Al Saadiyat, featuring 142 exhibitors—up from just over 100 last year. This is the final edition under the ADA name before it relaunches as Frieze Abu Dhabi in 2025, marking a major transition for the Gulf's art market. Key international dealers like Pace are returning after a long absence, and the fair includes works by Robert Indiana, Arlene Shechet, and a teamLab installation. The event comes as Art Basel also plans its 2026 debut in Qatar, signaling a broader regional shift.

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.

labubu art history 2665107

An ancient bronze artifact at China's Luoyang Museum has gone viral for its striking resemblance to Labubu, a wildly popular collectible toy created by Hong Kong artist Kasing Lung in 2015. The artifact, an Eastern Zhou Dynasty ceremonial danglu used as horse armor, dates to the Spring and Autumn period (770–476 B.C.E.) and is on display until August. Meanwhile, some internet users have drawn comparisons between Labubu and the Mesopotamian demon Pazuzu, sparking baseless conspiracy theories and TikTok warnings from overly devout Christians.

5 artworks lasting collection maddox gallery 2657589

Maddox Gallery, a London-based gallery with three locations, has highlighted five artworks from its collection that it considers smart investments in the current art market. The featured works include Andy Warhol's $ (1) (1982) from his 'Dollar Signs' series, Banksy's Gangsta Rat (2004), Roy Lichtenstein's Crying Girl (1963), and David Hockney's Split Ink (2019). The article notes the strong market performance of these artists, citing Warhol's market growth from $402 million in 2000 to over $10 billion in 2025, and the recent Sotheby's sale of Lichtenstein estate works for more than $35 million.

omai portrait joshua reynolds national portrait gallery fundraising campaign 2268648

The National Portrait Gallery (NPG) in London is in a last-minute push to raise £50 million ($60 million) to acquire Joshua Reynolds's 1776 portrait of Omai, a Polynesian visitor to Britain, before a temporary export ban expires on March 10. Despite raising roughly £25 million through a grassroots campaign involving public donations, a £2.5 million grant from the Art Fund, and £10 million from the National Heritage Memorial Fund, the NPG remains short of its goal and is reportedly in secret talks with the Getty Museum to jointly purchase the painting.

art bites robert rauschenberg erased de kooning drawing 2633307

American Pop artist Robert Rauschenberg created his controversial work *Erased de Kooning Drawing* (1953) by taking a drawing from Abstract Expressionist legend Willem de Kooning and erasing almost all of its marks. Rauschenberg, then 28, had recently returned to New York after studies at Black Mountain College and the Art Students League. He convinced de Kooning to donate a drawing for the project with a bottle of Jack Daniels, and de Kooning insisted it be a work he would miss. The erasing took about a month and wore down roughly 40 erasers. The finished piece, framed in a traditional gilded frame and inscribed by Jasper Johns, is now held by the San Francisco Museum of Modern Art (SFMOMA), which used infrared technology in 2010 to reveal traces of de Kooning's original charcoal-and-pencil figures.

rashid johnson nosedive auction 2644742

Rashid Johnson's mixed media work *Untitled Escape Collage* sold for $292,100 at Phillips's Modern and contemporary art day sale in New York on May 14, falling short of its low estimate and representing a 72 percent loss in value for the consignor, who had purchased it for $816,500 at the same auction house in 2022. The disappointing result coincides with Johnson's solo exhibition at the Guggenheim Museum in New York.

as costs rise dealers in asia take a pragmatic approach to fair participation 2641645

The article reports that two major Asian art fairs, Taipei Dangdai Art and Ideas and Art Busan, are currently running through May 11, but both have seen significant drops in exhibitor numbers. Taipei Dangdai is down 32% to 53 galleries, while Art Busan is off 16% to 109 galleries. Dealers cite rising costs, geopolitical uncertainties, and fair fatigue as reasons for a more selective, pragmatic approach to participation, focusing on regional fairs and transactional value over visibility.

pilar corrias new gallery london 2023 2373010

Pilar Corrias is expanding her London gallery with a new 5,000-square-foot flagship space at 49-51 Conduit Street in Mayfair, featuring 16-foot ceilings and street-level access. The gallery, now 15 years old, has grown from representing 4 to 35 artists, including top-selling names like Christina Quarles. Corrias decided to open the new space after a four-year search, citing its rare size and industrial character as a contrast to her existing Savile Row location, which she will retain. The first exhibition in the new gallery will showcase new paintings by Christina Quarles.

yayoi kusama georgia okeeffe pen pals 2630108

The article reveals the little-known friendship and correspondence between Japanese artist Yayoi Kusama and American modernist Georgia O'Keeffe. In 1955, a 26-year-old Kusama, inspired by O'Keeffe's work, wrote to her from Japan seeking guidance. O'Keeffe replied within 20 days, offering advice and encouragement, including urging Kusama to move to the United States and show her art widely. Their decades-long correspondence helped Kusama make her career-defining move to America, though the two met only once, in New York, six years after their first exchange.

mondrian christies riggio 2643516

Christie’s marquee auction on Monday night in New York generated $488.8 million in total sales, led by Piet Mondrian’s 1922 painting *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue*, which sold for $47.6 million—just shy of the artist’s $51 million auction record. The sale featured the Leonard & Louise Riggio collection, the largest single collection of the season, comprising 39 works estimated at $252–326 million; after one withdrawal and one unsold lot, the group achieved $271.9 million. Many high-profile lots, including works by Alberto Giacometti, René Magritte, Barbara Hepworth, Gerhard Richter, Mark Rothko, and Andy Warhol, sold on single bids to third-party guarantors, reflecting a cautious market.

5 highlight artnet auctions 2643509

Artnet Auctions has launched its latest Post-War and Contemporary Art sale, featuring works by Damien Hirst, Donald Judd, Francis Alÿs, Fernando Botero, and A.R. Penck. Bidding is open through May 22, 2025, with highlights including Hirst's impasto 'Cherry Blossoms' painting 'Gilded Blossom' (est. $100,000–$150,000), Judd's plywood 'Untitled' (1979), and a figurative work by Tom of Finland alongside an Andy Warhol lot.

spring 2025 nyc art fairs guide 2636859

Spring 2025 in New York City brings a dense calendar of art fairs, headlined by Frieze New York at The Shed (May 7–11) with over 65 galleries from 25 countries, and Independent at Spring Studios (May 8–11) which this year surpasses Frieze in size with 85 exhibitors. Other notable fairs include the 1-54 Contemporary African Art Fair celebrating its 10th year with a focus on the Caribbean diaspora, the experimental SPRING/BREAK Art Show, and NADA New York featuring 120 galleries and a spotlight on Texas and Mexico. The guide also mentions newer showcases like Esther II and Conductor, offering a comprehensive overview for collectors and art enthusiasts navigating the city's art week.

egon schiele artworks recently restituted head to christies 2372976

Seven works on paper by Egon Schiele have been restituted to the heirs of Fritz Grünbaum, a Jewish cabaret performer killed at Dachau concentration camp in 1941 after being forced to surrender his art collection to the Nazis. Six of these pieces will be auctioned at Christie’s New York in November 2024, with three watercolor portraits—including *Stehende Frau (Dirne)* (1912), *Selbstbildnis* (1910), and *Ich liebe Gegensätze* (1912)—headlining the 20th Century Evening Sale on November 9, and three more offered in the Impressionist and Modern Works on Paper Sale on November 11. Estimates range from $150,000 to $2.5 million per work, and proceeds will be split among Grünbaum’s heirs, who plan to fund a scholarship program for young musicians.