Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

The contemporary art market has declined for the fourth consecutive year, with auction sales for postwar and contemporary works falling to $4.5 billion in 2025 from a peak of $8.5 billion in 2021. Simultaneously, the market has seen a significant rebound in more established categories, with auction sales of Impressionist and Post-Impressionist works rising 47% and Old Masters climbing 30% last year.

Beer With a Painter: Keith Mayerson

Hyperallergic interviews Los Angeles-based painter Keith Mayerson, who discusses his ongoing 'My American Dream' series—a cosmology of paintings blending American identity, activism, and popular culture. The conversation covers his early influences from comics, the Muppets, and Hunter S. Thompson, his transition from cartooning to painting, and his vibratory, swirling brushwork. Mayerson's work has been featured in the 2014 Whitney Biennial and is currently on view at the Aspen Art Museum and the Pollock-Krasner House.

Aspen Art Fair Names More Than 35 Exhibitors for 2026 Edition at Hotel Jerome

The Aspen Art Fair has announced more than 35 exhibitors for its third edition, returning to the Hotel Jerome from July 29 through August 1, 2026. This will be the first edition under director Kelly Cornell, who also leads the Dallas Art Fair. Newcomers include Albertz Benda, Friedman Benda, Library Street Collective, Monique Meloche Gallery, and R & Company, alongside returning galleries such as Marianne Boesky Gallery, Perrotin, Sean Kelly, and Galerie Gmurzynska. The fair will debut an outdoor sculpture garden and continue its Art Prize Program with residencies and commissions through Anderson Ranch Arts Center and Buckhorn Public Arts. It also coincides with the AIR festival organized by the Aspen Art Museum and partners with the Aspen Education Foundation to support local student artists.

gloria klein anat ebgi crisis management

Gloria Klein, a late New York-based painter known for anxious acrylic arrangements and methodical mathematical systems, is the subject of a new solo exhibition titled "Crisis Management" opening January 9, 2026, at Anat Ebgi New York. The show presents many of her later paintings for the first time, and coincides with the announcement that Anat Ebgi now represents her estate. Klein, born in Brooklyn in 1936, was a queer artist who participated in the feminist publication HERESIES, created portraits of critics Arlene Raven and Lucy Lippard, curated the 1977 exhibition "10 Downtown: 10 Years" at PS1, and was a member of the Criss Cross art cooperative. Despite a recent sale of her work for $30,000 at Frieze Los Angeles in 2023, she remains relatively unknown.

high art paris gallery closing

High Art, a Parisian gallery known for launching the careers of artists like Lucy Bull and Julien Creuzet, is closing its physical space after 12 years. The gallery announced on Instagram that its last exhibition closed in July and that it will transition toward collaborations, offsite exhibitions, and individual artworks. Founded in 2013 by Romain Chenais, Jason Hwang, and Philippe Joppin, High Art became a tastemaker in Paris's gallery scene, known for its challenging and often unconventional program. Many artists who showed there early, including Rachel Rose, Matt Copson, and Frieda Toranzo Jaeger, later achieved international recognition.

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Tinworks Art, the Montana-based nonprofit that revived Agnes Denes's "Wheatfield" land art in Bozeman last year, has acquired the historic Rialto theater in downtown Bozeman. The organization will inaugurate the venue with screenings of Matthew Barney's 2018 film "Redoubt," running from January 31 through February 1, with two showings daily Thursdays through Sundays. The Rialto, built in 1908 as a post office and converted to a theater in 1924, was donated to Tinworks and joins its two-acre complex of former warehouses and agricultural buildings that have hosted exhibitions by artists including Stephen Shore, Lucy Raven, and Theaster Gates.

ethel stein puppeteer weaver

The article profiles 20th-century textile artist Ethel Stein, who remained largely unrecognized during her lifetime despite creating technically rigorous weavings. A new exhibition titled "Master of the Loom" at New York's Sapar Contemporary (on view through November 17) showcases her geometric, rhythmic works. Stein, who studied under Josef Albers at the Bauhaus and designed a unique loom now held by the Art Institute of Chicago, also had a playful side: she began her career as a puppeteer and created the puppet that became Lamb Chop, the beloved character performed by Shari Lewis on PBS. The exhibition highlights works such as "Rust Abstract," "Indigo 25," and "Black and White," which demonstrate her mastery of complex weaving structures and geometric abstraction.

adrien brody art eden gallery

Actor Adrien Brody debuted a new exhibition titled "Made in America" at Eden Gallery in New York, featuring paintings that incorporate pop culture icons like Mickey Mouse, Donald Duck, and Marilyn Monroe alongside collage elements and text. The show has garnered significant media attention, including a profile in the New York Times and praise from Cultured and Interview magazine, partly fueled by the sale of one of Brody's paintings for $425,000 at the amfAR Cannes Gala. However, the art press, including Artnet News, has been highly critical, with ARTnews reviewer Alex Greenberger describing the works as ugly, derivative, and lacking nuance.

tony bechara painter dead el museo del barrio

Tony Bechara, a Puerto Rican-born artist known for his intricate multicolored grid paintings and his long tenure as board chair of El Museo del Barrio, died on his 83rd birthday. His death was confirmed by the museum, though no cause was given. Bechara spent decades creating labor-intensive canvases built from thousands of hand-painted quarter-inch squares, exploring randomness and controlled chaos. Beyond his studio practice, he served as board chair of El Museo del Barrio for 18 years, was a trustee at the Brooklyn Academy of Music and the Brooklyn Rail, and championed the work of painter Carmen Herrera, helping to secure her a Whitney Museum survey in 2016.

Queer eyes in focus, sculpture hits pay dirt and Whistler’s world – the week in art

This week's art roundup from The Guardian highlights a major exhibition of James McNeill Whistler at Tate Britain, showcasing the American artist's impact on Victorian Britain with avant-garde influences from Paris and Japan. Other notable exhibitions include "Gender Stories" at the Walker Art Gallery in Liverpool, featuring works by David Hockney and Grayson Perry; Delcy Morelos's earthy sculptures at the Barbican Centre; and Henry Moore's sculptures at Kew Gardens. The article also covers news of a Nazi-looted portrait found in the home of a Dutch SS leader's family, protests at the Venice Biennale over Israel's inclusion, and the unveiling of Zineb Sedira's film installation at Tate Britain.

Re-Air: The Young Painter Curators Are Rushing to Work With

Artnet News resurfaces an interview with painter Taína H. Cruz, who is featured in both the Whitney Biennial and MoMA PS1's Greater New York exhibition. Cruz, born in 1998 and a recent MFA graduate from Yale School of Painting, creates moody paintings often depicting Black female figures, drawing on African American and Caribbean folklore, horror, fantasy, and personal imagery. The interview, conducted by Ben Davis, explores her influences and her response to the sudden surge of attention from major institutions.

Philadelphia’s New Art Fair Is Betting Big on Community

Philadelphia is set to launch a new contemporary art fair called Elsewhere on June 4, organized by Megan Galardi, founder of Blah Blah Gallery. The fair will take over the Yowie Hotel, a pair of 1900s rowhouses, featuring 26 galleries from cities including Los Angeles, Toronto, and London. Booth prices are kept low—around $3,000 for the largest rooms—and some exhibitors can sleep in their spaces to reduce costs. Participating galleries include Harlesden High Street, DARLA, and Blah Blah Gallery, with artists such as Patricia Renee’ Thomas, Emmanuel Massillon, and Qualeasha Wood. The fair also includes panels, DJ sets, reciprocal museum tours, and VIP studio visits.

Luminous Tiffany Window Poised to Net $2 Million at Auction

A late 19th-century Tiffany stained-glass window, known as the Boyd Family Memorial Window (The Falls), is set to be auctioned at Christie's in June with an estimated price of $2 million. The window, depicting a waterfall and sunset landscape, has been installed in the Second Congregational Church in Winsted, Connecticut, for 125 years and was commissioned by Ellen Wright Boyd in memory of her parents.

new york city museums climate mobilization act

The New York City Council passed the Climate Mobilization Act, a sweeping piece of legislation designed to drastically reduce greenhouse gas emissions from large and mid-sized buildings. The law sets strict emissions reduction targets for 2024, 2030, 2040, and 2050, with the ultimate goal of an 80% reduction by 2050. Major cultural institutions like the Solomon R. Guggenheim Museum, the Whitney Museum of American Art, the New Museum, and the planned headquarters of Pace Gallery are among the buildings affected.

aria dean art race tech

Critic and artist Aria Dean, known for her influential essays on digital culture and race, has staged a new theatrical work titled "The Color Scheme" as part of the Performa biennial. The piece imagines a 1920s meeting in Berlin between two Black intellectuals, marking a shift from her usual focus on contemporary online life to historical Black culture and politics. Dean's essays are collected in the recent book "Bad Infinity" from Sternberg Press, and her art has appeared in major exhibitions including the Hammer Museum's Made in L.A. Biennial and the Whitney Biennial.

michelangelo sistine chapel study christies

A previously unknown Michelangelo drawing, a red chalk study for the foot of the Libyan Sibyl on the Sistine Chapel ceiling, was discovered after an owner submitted a photograph to Christie's online estimate service. The work, created around 1511–12, sold at Christie's New York for $27.2 million, far exceeding its $1.5–2 million estimate and setting a new auction record for a Michelangelo drawing. The anonymous seller inherited the piece from his grandmother, and it had been in his family since the late 1700s.

the round up south africa pavilion prado speed painting

The first Art Angle Round-Up of 2026 highlights three major art world stories. The selection includes the controversy surrounding the South Africa pavilion at the Venice Biennale, the Prado Museum's struggle with and plans to manage overwhelming visitor numbers, and the phenomenon of 'speed painting,' exemplified by artist Vanessa Horabuena selling a 10-minute painting of Jesus for nearly $3 million at a Mar-a-Lago fundraiser.

work of the week polk george washington

Two nearly identical portraits of George Washington by Charles Peale Polk, depicting him after the 1777 Battle of Princeton, will be auctioned on consecutive days in New York. Christie’s offers a 1793 version (number 53) on January 23, estimated at $200,000–$300,000, which was selected by Jackie Kennedy for the White House in 1962 and remained there until 1992. Sotheby’s offers a 1790–93 version (number 30) on January 24, estimated at $400,000–$600,000, previously sold at Christie’s in 1971 and at Sotheby’s in 2010 for $458,500. Both paintings have passed through Hirschl and Adler Galleries and depict Washington in uniform with Princeton’s Nassau Hall in the background.

brunette coleman london galleries

Ten years after London dealer Vanessa Carlos launched the gallery sharing initiative Condo in the East End, the collaborative model has become a key survival strategy for galleries of all sizes, especially smaller ones. The latest edition of Condo London runs from Saturday to February 14. Brunette Coleman, a photography-forward gallery launched in 2023 by Anna Eaves and Ted Targett in Bloomsbury, exemplifies this trend: it has grown quickly through cooperative exhibitions rather than costly fairs, participating in Condo for the second time this year by hosting Milan’s Zero gallery. The gallery represents six international artists, and its artist Nat Faulkner won Frieze London’s Emerging Artist Award in 2024, with a solo show opening at Camden Art Centre.

can brainrot be art beeple thinks so

Digital artist Mike Winkelmann, known as Beeple, joined Ben Davis on the Artnet News podcast "The Art Angle" to discuss his work and the evolving perception of digital art. Beeple first gained global attention in 2021 when his NFT artwork "Everydays, The First 5,000 Days" sold for $69 million at Christie's, making him a symbol of the NFT boom. Since then, he has continued to experiment with new media, including interactive video sculptures shown at LACMA and robot dogs with human heads displayed at Art Basel Miami Beach 2025.

the artists way julia cameron interview

Artnet News published an interview with Julia Cameron, author of the bestselling creativity guide *The Artist's Way*, originally released in 1992. Cameron discusses the origins of her 12-week program for overcoming artistic blocks, including the famous 'Morning Pages' ritual of writing three pages of unedited text each day. She also introduces her new book *The Daily Artist's Way*, which offers a fresh approach for fans. The interview, conducted by Ben Davis, revisits how Cameron's practical, spiritually-infused techniques have become a staple for artists, musicians, and writers worldwide.

david hockney serpentine north

David Hockney has unveiled a major exhibition at London’s Serpentine North, featuring the UK debut of his nearly 300-foot-long iPad frieze, 'A Year in Normandie'. The exhibition also showcases ten brand-new paintings from 2025, including intimate portraits of his inner circle and a series of abstract compositions that playfully reference the styles of Mark Rothko and Gerhard Richter.

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.

aldrich museum decennial 2026 survey connecticut artists

The Aldrich Contemporary Art Museum in Ridgefield, Connecticut, has announced a new recurring exhibition series called the Aldrich Decennial, which will take place every ten years. The inaugural edition, titled “I am what is around me,” runs from June 7, 2026, to January 10, 2027, and features 40 artists living and working in Connecticut who have not previously exhibited in the state. Organized by chief curator Amy Smith-Stewart and curatorial and publications manager Caitlin Monachino, the survey spans the museum’s entire campus and includes high-profile names such as Dominic Chambers, Tammy Nguyen, Em Rooney, Aki Sasamoto, and Julia Wachtel, with artists ranging in age from Lucy Sallick (born 1937) to Remy Sosa (born 1995).

With her monumental frescoes and trompe-l'œil, Lucy McKenzie offers a "critical archaeology" of modernity

Avec ses fresques monumentales et ses trompe-l’œil, Lucy McKenzie offre une “archéologie critique” de la modernité

Scottish artist Lucy McKenzie has opened a major solo exhibition titled "Plastic Newspaper" at the Crac Occitanie in Sète, France. This is her first large-scale personal exhibition in the country. The show features monumental frescoes, trompe-l'œil, and immersive installations, including a full-scale fake sports shop facade created with her fashion label Atelier E.B. It represents the third stage of a cycle exploring the origins of mass media, examining 19th-century entertainment devices like panoramas and dioramas.

ten x art institute of chicago

The Art Institute of Chicago has partnered with the Tuscany-based sculpting studio Ten X to create two marble reimaginations of a rare 8th-century Tang dynasty Bodhisattva. The original limestone sculpture, a centerpiece of the museum’s Asian art collection, has been missing its left arm since it was acquired in 1930, leaving its meditative gesture a mystery. Rather than attempting a traditional restoration, curator Dr. Tao Wang commissioned two distinct versions that explore different historical possibilities for the figure's hand placement based on extensive cross-cultural research.

whitney open plan fifth floor

The Whitney Museum of American Art is launching a new program called "Open Plan" in its fifth-floor galleries from February 26 to May 14, 2016. The program will feature a series of solo projects by artists including Andrea Fraser, Lucy Dodd, Michael Heizer, Cecil Taylor, and Steve McQueen, each presenting work for a short duration in the museum's largest column-free gallery space. The initiative aims to showcase the newly opened Renzo Piano-designed building's full potential and encourage repeat visits.

documentary maintenance artist mierle laderman ukeles

A new documentary titled "Maintenance Artist," directed by Toby Perl Freilich, premiered at the Tribeca Film Festival this month. The film follows Mierle Laderman Ukeles, the longtime unpaid artist-in-residence with New York City's Department of Sanitation, as she reflects on her career. It traces her journey from graduate student at Pratt Institute to pioneering maintenance art, including her Queens Museum retrospective and international projects elevating everyday workers. The documentary features interviews with art historians, curators, and city officials, and highlights Ukeles's iconic performances, such as shaking hands with every sanitation worker over 11 months.

lucy raven dam removal murderers bar

Artist Lucy Raven has completed her film trilogy, "The Drumfire," with the release of Murderers Bar (2025). The 42-minute film documents the historic removal of four dams along the Klamath River, capturing the dramatic release of water and the restoration of a river system flowing from Oregon through Northern California. The work is currently on view at the Power Plant in Toronto and is scheduled to travel to the Institute of Contemporary Art Boston in May.

joe chialo resigns as berlins culture senator creative australia funding questioned napoleon sword heading to auction

Berlin's culture senator, Joe Chialo, has resigned due to a dispute over deep budget cuts to the city's arts sector. He stated that the planned cuts would force the closure of nationally renowned cultural institutions, and he stepped down to allow for new perspectives. Meanwhile, Australia's center-right Liberal-National Coalition has proposed cutting over 10 percent of funding to Creative Australia, the body that organizes the country's Venice Biennale pavilion, redirecting the money to support Jewish arts and broadcasting in Melbourne. This follows controversy over Creative Australia's decision to drop artist Khaled Sabsabi as Australia's Venice Biennale representative.