A 1977 Andy Warhol portrait of Muhammad Ali, priced at $18 million, will be the centerpiece of Lévy Gorvy Dayan's booth at Art Basel Miami Beach. The 40-inch acrylic and silkscreen canvas, featuring a royal purple background, was previously purchased for $18.1 million at Christie's in 2021. The work is part of a series of 10 Warhol portraits of sports stars commissioned by collector Richard L. Weisman, and is autographed on the back by Ali.
Art Basel Miami Beach opened its 23rd edition with a surge of blue-chip sales, signaling renewed market confidence. Major galleries reported strong early results: David Zwirner sold a Gerhard Richter painting for $5.5m and an Alice Neel for $3.3m; Hauser & Wirth saw sales 40% higher than last year, including a George Condo for nearly $4m and a Louise Bourgeois for $3.2m. Other notable sales included works by Alex Katz, Pablo Picasso, Sam Gilliam, and Robert Rauschenberg, with 283 galleries participating at the Miami Beach Convention Center.
Art Basel Miami Beach returned for its 23rd edition on December 3, 2025, with VIP previews at the Miami Beach Convention Center. The fair features 283 galleries from 43 countries, alongside nearly 20 satellite fairs including NADA and Untitled Art. Notable sales include a $5.5 million Gerhard Richter painting at David Zwirner and a $15 million Frida Kahlo miniature self-portrait at Weinstein Gallery. Director Bridget Finn expressed optimism about the fair's energy and its role in connecting contemporary art with music, fashion, and film.
Art Basel Miami Beach 2025 opened on December 3 with strong sales, led by David Zwirner's sale of an abstract Gerhard Richter painting for $5.5 million. Other major transactions included a $4 million George Condo work at Hauser & Wirth, a $3.3 million Alice Neel painting at David Zwirner, and a $2.85 million Willem de Kooning at White Cube. Hauser & Wirth reported sales 40% higher than its entire 2024 fair week within the first three hours.
The Pérez Art Museum Miami will present "Basquiat: Figures, Signs, Symbols," an exhibition of approximately ten works by Jean-Michel Basquiat from the collection of billionaire Kenneth C. Griffin. Opening June 25, the show includes the record-breaking 1982 painting "Untitled," which sold for $110.5 million in 2017 and was later acquired by Griffin, alongside other major paintings and a sculpture.
Paris is hosting a major art week with Art Basel Paris returning to the renovated Grand Palais, alongside numerous other fairs like Paris Internationale, Design Miami.Paris, and Asia NOW. To complement the fair circuit, Galerie has curated a list of seven essential museum exhibitions across the city, including shows on Pontus Hulten with Niki de Saint Phalle and Jean Tinguely at the Grand Palais, a Gerhard Richter retrospective at the Fondation Louis Vuitton featuring over 270 works, and a survey of Melvin Edwards at the Palais de Tokyo, among others.
Why Beatriz González’s Haunting Paintings Are More Relevant Than Ever
A major retrospective of Colombian artist Beatriz González, "Beatriz González: A Retrospective," is touring internationally, with recent stops at the Pérez Art Museum Miami and the Museo de Arte Miguel Urrutia in Bogotá. The exhibition, the largest of her 60-year career, showcases over 150 works, including her iconic paintings that appropriate and rework images from art history and mass media to critique political violence, social inequality, and cultural memory in Colombia.
Li Hei Di, a young Chinese-born painter based in London, has emerged as one of the most closely watched artists in the ultra-contemporary market despite its recent downturn. Since joining Pace Gallery in September 2024 as its youngest artist, Li's works have appeared at auction 12 times, with eight sales in Hong Kong. Nearly every lot has exceeded expectations, often doubling or tripling high estimates. A standout was the painting *There Was One Summer Returning Over and Over; There Was One Dawn I Grew Old Watching* (2023), which sold at Sotheby's Hong Kong for HK$2.67 million—more than double its high estimate—setting a new auction record. Auction specialists and dealers emphasize that Li's market reflects a slow, sustained buildup rather than a speculative spike, with bidding and buying activity spanning Asia, Europe, and the United States.
The Pérez Art Museum Miami (PAMM) has announced two major gifts totaling $7 million for its Caribbean Cultural Institute (CCI). The Mellon Foundation contributed an additional $2 million, while the Green Family Foundation (GFF) donated $5 million, leading to the institute's renaming as the Green Family Foundation Caribbean Cultural Institute. The funds will support operating expenses and the endowment of the CCI, which was originally established in 2019 with a $1 million Mellon grant. The Green Family Foundation, founded by Steven J. Green and Dorothea Green, has deep philanthropic roots in Miami, including ties to Florida International University and local art initiatives. Current CCI fellows include artist M. Florine Démosthène, writer Rianna Jade Parker, and anthropologist Celia Irina González.
The Pérez Art Museum Miami (PAMM) has awarded its annual Pérez Prize to New York–based artist Javier Téllez, accompanied by an unrestricted $50,000 grant. The prize was presented at the museum's Art of the Party Fundraiser on November 15. Téllez, known for film, installation, and collage works addressing marginalization of immigrants and people with disabilities, was recognized for his empathetic and imaginative practice. His recent film "Amerika" (2024) responds to the displacement of Venezuelans, reflecting his own background as a Venezuelan-born artist living in New York.
An original Andy Warhol exhibition poster from 2021 is being offered for sale by Baldwin gallery, with locations in London, Miami, and Dubai. The offset lithograph on paper measures 19.7 × 27.6 inches, is in mint condition, unsigned, and includes a Certificate of Authenticity. Priced at £650, the work ships from London with domestic shipping at £45 and international at £55, and is covered by the Artsy Guarantee.
Robert Rauschenberg (1925-2008), described by critic Robert Hughes as "the most important American artist of the last century," spent four decades in Florida, where materials and collaborators from the state fueled breakthroughs like his scrap-metal sculptures and the Rauschenberg Overseas Cultural Interchange (Roci). As Miami Art Week unfolds, two projects mark his centennial: "Robert Rauschenberg: Real Time" at NSU Art Museum Fort Lauderdale (through April 2026) and the forthcoming book "Out of the Real World: Robert Rauschenberg at USF Graphicstudio." However, the Robert Rauschenberg Foundation announced it will end its Captiva Island residency and sell the artist's home and studio, prompting reflection on how Florida shaped his legacy.
Casey Lesser's guide to Miami Art Week 2025 highlights ten key art destinations, led by Art Basel Miami Beach at the Miami Beach Convention Center with over 280 galleries. Other featured venues include ICA Miami, which presents five solo exhibitions by artists such as Igshaan Adams and Masaomi Yasunaga, and Untitled Art, a beachside fair focusing on emerging and mid-career artists. The article also notes non-art events like an NFL pop-up and a Sukeban wrestling match, alongside REEFLINE, an underwater sculpture park.
Artnet News reports on the rediscovery of Colombian artist Luis Fernando Zapata (1951–1994), whose solo booth at Art Basel Miami Beach features works from 1988 to 1994 that resemble ancient artifacts. The booth, titled “The Immemorial: The Transcendence of Luis Fernando Zapata,” is presented by Bogotá’s Galería Elvira Moreno in the fair’s Survey sector, which highlights historically significant art made before 2000. Zapata’s pieces—including totemic shields, a mud-brown sarcophagus with cuneiform-like glyphs, barques, steles, and his “excavaciones”—are mostly hand-sculpted papier-mâché, evoking ritual and imagined cosmologies. Diagnosed HIV+ in the mid-1980s, Zapata died in 1994, leaving a body of work that has remained largely absent from the queer canon and art-world consciousness until now.
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.
Argentinian artist Pilar Zeta has unveiled 'The Observer Effect', a monumental public sculpture installed on Miami Beach during Art Basel Miami Beach. The work, presented by the Shelborne by Proper, features a colonnade of columns and arches with a matte automotive paint finish that shifts appearance with light and weather. Zeta activated the piece with sunrise and sunset performances by musician Laraaji. The self-taught artist, who moved to Miami at 19 and previously created album art for Coldplay, has also announced a follow-up installation opening next month at Place du Louvre in Paris.
President Donald Trump has unveiled a rendering for his planned presidential library in downtown Miami, envisioned as a 47-story skyscraper. The proposal features a gold entranceway, a 20-foot-tall golden statue of the former president, and a replica of the Oval Office, alongside a hotel and office space. The project is being designed by architecture firm Bermello Ajamil and is reportedly seeking to raise nearly $1 billion in donations to fund the construction on highly valuable waterfront land.
At Design Miami 2025, artist Nicole Cherubini presented monumental ceramic sculptures at Friedman Benda's booth, alongside Molly Hatch's installation of 288 ceramic plates at Todd Merrill's booth. The fair, curated under the theme "Make.Believe" by Glenn Adamson, saw 15 previous exhibitors drop out due to President Trump's tariffs—including a 50 percent tariff on steel and aluminum—while eight more booths appeared overall, dominated by younger, emerging talent and organic, pastel-hued designs. Established galleries like Donzello, Patrick Seguin, and Sarah Myerscough did not return, while first-time exhibitors included Arte y Ritual and Mass Modern Design.
White Cube has appointed Jessie Washburne-Harris as a global director, based in New York, effective October 2025. She joins from Pace Gallery, where she was senior vice president, and has previously worked at Marian Goodman, Gagosian, Petzel, and Sotheby’s, as well as cofounding Harris Lieberman gallery. The appointment coincides with the second anniversary of White Cube’s permanent New York space, which opened in 2023 in a former bank on the Upper East Side and has hosted exhibitions by Tracey Emin, Theaster Gates, Antony Gormley, and Ilana Savdie.
Following the cancellation of Art Basel Miami Beach 2020 due to the pandemic, the Miami Design District has announced plans to host a physical art and design event. Approximately 25 to 30 top-tier galleries will occupy storefronts for a ten-day period starting November 27, while the historic Moore Building will house 'Design Miami/ Podium,' a curated selling exhibition titled 'America(s)' led by Aric Chen.
Artnet News columnist reflects on the fragile state of the art market as 2025 ends, noting that global instability and troubling news have dampened buyer psychology. Despite this, major auction houses reported strong annual sales—Sotheby's at $7 billion (up 17%) and Christie's at $6.2 billion (up 6%)—and a series of high-profile sales, including the Pauline Karpidas collection auction and Leonard Lauder's Gustav Klimt portrait fetching $236.4 million, have sparked renewed momentum. The article quotes advisors and dealers who sense a market bottom has passed, with buyers returning to auctions and fairs like Art Basel Miami Beach.
The author recounts a visit to the Prado in Madrid, where his attempt to photograph a portrait by Alonso Sánchez Coello was blocked by a guard enforcing a strict no-photography policy. This experience leads him to reflect on the evolution of museum mementos, from postcards—which he used to buy and even had his children select as a curatorial exercise—to the role of social media in sharing art. He recalls his time as curator of the Thyssen-Bornemisza Collection, where postcard sales were a key revenue and popularity gauge, and notes that Instagram now serves as a virtual window into exhibitions and art fairs like Art Basel Miami.
Elizabeth Browning Jackson, a pioneering artist in the art-furniture movement, was rediscovered in 2021 after a phone call from Stephen Markos, founder of Superhouse Gallery, who had long admired her 1982 sculptural couch "Gloria." Markos urged Jackson to open a barn on her Rhode Island property, where she found her early works—hand-tufted rugs, cut-aluminum furniture, drawings, and prototypes—sealed away for 35 years. This rediscovery culminates at Design Miami 2025, where Superhouse presents Jackson as a foundational voice in the art-furniture movement, alongside contemporaries like Dan Friedman and Wendy Maruyama. Jackson's new exhibition "Re/construct" is also on view at Superhouse's Tribeca space through December 20, featuring reconstructed rugs based on her original 1980s designs.
SCOPE Miami Beach 2024 features a playful, pop-culture-infused atmosphere with works ranging from a plane-crash installation by Brazilian artist Marcos Amaro at Andrea Rehder Gallery to a marble sculpture by Matthias Contzen at Callan Contemporary. British artist Lucy Sparrow presents a fully stocked fabric deli at Lawrence Alkin Gallery, while other highlights include beaded sculptures by Jan Huling at Duane Reed Gallery and thread paintings by Chris Roberts-Antieau at Heron Arts. The fair also showcases embroidered-style paintings by Joan Salo at Michele Mariaud and a hyperrealistic bust of Picasso by Jamie Salmon at Anthony Brunelli Fine Arts.
The 24th edition of the Biennale de Arte Paiz, titled "El Arból del Mundo" ("The Tree of Life"), has opened in Guatemala City and Antigua Guatemala. Under Italian curator Eugenio Viola, the biennial has expanded from 30 to 46 artists and doubled its venues from 5 to 10, including the Museo Nacional de Arte de Guatemala (MUNAG) and La Nueva Fabrica. The dates have shifted to December to attract visitors from Miami Art Week and Zona Maco in Mexico City. The show features textile works, research-based art, and ecological themes, with highlights including a street installation by Erick Boror.
The article recounts the author's experience at Art Basel Miami Beach 2025, beginning with a moment of reflection on the beach before the fair week's chaos. Three veteran attendees—an artist, an advisor, and a gallery owner—chose to skip the event this year, citing lackluster parties, declining collector interest in Miami compared to Paris, and poor sales attrition. Despite these doubts, the fair saw strong sales, with Hauser & Wirth reporting a 40% increase in the first three hours, and a new digital art sector boosting optimism. Pop-up exhibitions, like "The Body is The Body" at the Rice Hotel, were highlights, while Vanity Fair's party remained the most coveted invite.
The Friends Fair in Austin has announced its second edition, scheduled for May 7–9, 2026, at the Loren Hotel Austin. Following a successful debut that drew over 2,000 visitors, the boutique fair is expanding its roster from 10 to 17 exhibitors, occupying an entire floor of the hotel. The lineup features a mix of returning local staples like Martha’s and McLennon Pen Co. alongside new additions from major art hubs including Los Angeles, Miami, and New York, plus non-commercial presentations by Co-Lab Projects and UT Austin MFA students.
Collector Mirka Serrato and gallerist Jonny Tanna are launching Neighbors, a new satellite art fair debuting during Expo Chicago in April 2025. Located in a 1,200-square-foot neoclassical apartment in Chicago’s Gold Coast, the fair rejects traditional booth structures in favor of a domestic, intimate setting. The inaugural exhibitor list features a mix of local and international galleries, including London’s Gathering and Harlesden High Street, as well as spaces from New York and Dallas.
The article reports on the outlook for the art market in 2026, following a difficult 2025. It notes signs of recovery, including decent sales in Miami and $2.2 billion in marquee New York auctions, but warns of a K-shaped recovery where some sectors will bounce back while others continue to struggle. The piece also highlights a major shift toward the Gulf region, with Art Basel launching in Qatar, Art Dubai celebrating its 20th anniversary, Frieze debuting in Abu Dhabi, and the long-awaited opening of the Guggenheim Abu Dhabi, all signaling commercial maturity in the area.
A luxury condominium development in Miami's Wynwood neighborhood, branded with Frida Kahlo's name and image, has begun selling units despite construction not yet starting. The project, called the Frida Kahlo Wynwood Residences, features a 14-story tower designed by architect Carlos Ott with a massive portrait of the artist on its facade and plans for 244 furnished units priced from $500,000 to $1.6 million.