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after 35 years in business galerie francesca pia becomes latest dealership to fold amid market downturn

Galerie Francesca Pia, a fixture of the Swiss art scene for 35 years, has announced it will close its doors at the end of October. Founded in Bern in 1990 before moving to Zurich's prestigious Löwenbräukunst-Areal district, the gallery will conclude its operations following a final exhibition with American artist Wade Guyton. The closure marks the end of a significant tenure for a dealership that was a regular participant at Art Basel for over two decades.

sothebys hikes buyers fees restitution battle franz marc painting

Sotheby's has increased its buyer's premiums globally, with the new fee structure taking effect on February 13. The changes mean buyers of lower-value lots will pay higher rates, with the premium for works sold in New York for up to $2 million rising from 27% to 28%. This move follows similar adjustments by rivals Christie's and Phillips, as auction houses seek to bolster revenue during a prolonged art market downturn. Sotheby's also recently raised $900 million through art-backed loans via securitization.

ropac to open new york project space adaa new members industry moves

Thaddaeus Ropac is opening a new project space in New York and has hired Emilio Steinberger as a senior director. Hauser & Wirth now represents artist Conny Maier in collaboration with Société in Berlin. Zippora Elders Tahalele has been appointed director of the Nederlands Fotomuseum. The Tulsa Artist Fellowship announced its 2026–28 cohort of ten artists and arts workers. The ADAA appointed four new board members: Elizabeth Feld, Bridget Moore, Yancey Richardson, and Melissa Timarchi. Sotheby's second sale in Saudi Arabia, 'Origins II,' totaled $19.6 million, with a record $2.1 million for Safeya Binzagr's work. The article also covers Art Basel Qatar's first edition, with comments from Sheikha Al-Mayassa bint Hamad bin Khalifa Al-Thani and artistic director Wael Shawky.

martial raysse profile galerie templon paris

Martial Raysse, the 89-year-old, reclusive giant of postwar French art, has debuted a new exhibition of recent paintings and sculptures at Galerie Templon in Paris. The show features 30 works, selected from over 50, and marks his first collaboration with the gallery, initiated by a handwritten letter from founder Daniel Templon.

hamburger bahnhof gala patrons

Berlin's Hamburger Bahnhof museum, facing budget cuts of up to 12% and shifting government spending priorities in Germany, is planning its first-ever gala to mark its 30th anniversary. Co-directors Sam Bardouil and Till Fellrath are spearheading the event, set for March, which will feature cultural figures including Cate Blanchett, Matt Dillon, Elmgreen & Dragset, and the Berlin Philharmonic. The museum has also launched the Chanel Commission and the International Companions philanthropy circle to diversify funding sources.

louvre closes again union negotiations

The Louvre closed on Monday due to a strike by employees demanding improved working conditions and pay equity, marking the fourth closure since mid-December. Roughly 300 workers voted to extend the strike, which began December 15, after fruitless negotiations with the Ministry of Culture and Louvre management. The dispute has been intensified by an October 19 burglary that exposed systemic security failures, and workers have also protested the museum's long-term redevelopment plans, including a proposed standalone gallery for the Mona Lisa, calling them unrealistic given staffing shortages and maintenance issues.

christies h1 2025 auction sales report

Christie’s announced a projected sales total of $2.1 billion for the first half of 2025, matching its H1-2024 figure. While art categories like Impressionist, modern, and Old Masters saw modest growth—Old Masters sales rose 15% to $55 million—luxury categories (handbags, watches, cars, jewelry) surged nearly 30% to $468 million, now accounting for 22% of the total. Notable sales included René Magritte’s *La reconnaissance infinite* (1933) for £10.3 million and Piet Mondrian’s *Composition with Large Red Plane, Bluish Grey, Yellow, Black, and Blue* (1922) for $46.7 million. Guaranteed lots remained low at 1.5%, and the sell-through rate held steady at 88%.

art institute chicagos acquisitions 2025

The Art Institute of Chicago announced its top acquisitions from over 1,000 works added to its collections in 2025. Highlights include Kay WalkingStick’s two-panel painting *The Silence of Glacier* (2013), which overlays Northern Cheyenne beadwork onto a Glacier National Park landscape; Christian Schad’s *Portrait of Composer Josef Matthias Hauer* (1927); Frans Francken II’s *Esther Before Ahasuerus* (1622); a rare 17th-century Indian textile titled *A Nayaka Nobleman with Courtiers and Courtesans*; an untitled photograph from Francesca Woodman’s “Caryatid” series (1980); and the *Ovejo Armchair* (1972) by Jaime Gutiérrez Lega.

maria balshaw tate

Maria Balshaw, the director of Tate, will step down in the new year after nine years at the helm, the museum announced Friday. Appointed in 2017, Balshaw was the first woman to lead the institutional network, which includes Tate Modern and Tate Britain. Her tenure was marked by a substantial diversification of Tate’s collection and programming to spotlight new art forms, indigenous artists, and artists from the Global South. She also oversaw the launch of a landmark £150 million endowment fund for Tate Modern to address financial woes. Memorable exhibitions included surveys of pre-internet digital artists, modern art in Nigeria, and retrospectives for Leigh Bowery, Isaac Julien, Yoko Ono, and Emily Kam Kngwarray.

mississippi museum of art frank lloyd wright home

The Mississippi Museum of Art (MMA) has acquired the Frank Lloyd Wright–designed property Fountainhead in Jackson, Mississippi, following approval from the Jackson Planning and Zoning Board and City Council. Originally designed in 1948 and completed in 1954 for oil speculator J. Willis Hughes, the 3,558-square-foot Usonian home was later restored by architect Robert Parker Adams and has been on the National Register of Historic Places since 1980. The museum plans to open the home for public tours, with bus transportation from its main campus, and to establish community partnerships.

christies 21st century evening sale women artists records

Christie’s 21st-century evening sale on Wednesday set new auction records for women artists Firelei Báez, Joan Brown, and Olga de Amaral. Báez’s painting *Untitled (Colonization in America, Visual History Wall Map, Prepared by Civic Education Service)* (2021) sold for $1,111,250; Brown’s *After the Alcatraz Swim #2* achieved $596,900; and Amaral’s *Pueblo H* (2011) soared to $3,125,000—more than double her previous record. The sale also set records for a neon/sculptural work by Glenn Ligon and a three-dimensional work by Richard Prince.

the phillips collection to deaccession georgia okeeffe arthur dove georges seurat

The Phillips Collection in Washington, D.C., is proceeding with plans to auction major works by Georgia O'Keeffe, Arthur Dove, and Georges Seurat at Sotheby's on November 20, despite sharp backlash from former curators, members of the Phillips family, and the museum's non-governing members body. The works—including O'Keeffe's *Large Dark Red Leaves on White* (estimate $6–8 million), Seurat's conté crayon drawing ($3–5 million), and Dove's *Rose and Locust Stump* ($1.2–1.8 million)—are considered central to founder Duncan Phillips's vision. Director and CEO Jonathan Binstock argues the proceeds will fund a permanently restricted endowment for commissioning new work by living artists, acquisitions, and collection care, aligning with Duncan Phillips's belief in supporting contemporary practitioners.

pioneer works choke hole performance

At Brooklyn's Pioneer Works, a drag queen professional wrestling event called Choke Hole, part of artist Raúl de Nieves's exhibition, was disrupted when audience member and performer Chiquitita stormed the stage. She objected to a skit that made light of Immigration and Customs Enforcement (ICE) deportations, shouting that 'ICE is not entertainment!' and hurling the microphone into a video screen. The performance, titled ARMAGEDDON, featured an alien queen plot involving nuclear codes and ICE, and Choke Hole later apologized, removing the segment from subsequent shows.

canceled samia halaby exhibition recreated qatar

Mathaf: Arab Museum of Modern Art in Qatar has mounted a presentation of seven works by Palestinian artist Samia Halaby that were originally slated for a canceled survey at Indiana University’s Eskenazi Museum of Art in December 2023. The university cited “safety reasons” for the cancellation, which Halaby criticized as occurring amid the massacre of Palestinians in Gaza. The works are displayed in the first gallery of the exhibition “we refuse_d,” curated by Vasif Kortun, which also includes pieces by other artists whose shows were canceled, such as Jumana Manna. Halaby’s paintings span 1980 to 2024 and include the previously unseen “Worldwide Intifadah” (1989) and “Massacre of the Innocents in Gaza” (2024).

meet the 20 collectors joining artnews top 200 collectors list

ARTnews has added 20 new collectors to its prestigious Top 200 Collectors list for 2025, reflecting the expanding global reach of serious art collecting. The new cohort includes figures from Latin America, the Gulf region, Southeast Asia, and the United States, such as Catherine Petitgas, Ariel Marcelo Aisiks, Sara Alireza, Faisal Tamer, Basma Al Sulaiman, Sheikh Hamad bin Abdullah Al Thani, Purat “Chang” Osathanugrah, Belinda Tanoto, Andreas Teoh, artist Rashid Johnson, Solomon R. Guggenheim Foundation president Wendy Fisher, Napster cofounder Sean Parker, Fanatics founder Michael Rubin, and Oscar L. Tang and Agnes Hus-Tang, who donated $125 million to the Metropolitan Museum of Art. Several new additions are second-generation collectors, and many have built private spaces to show their collections, such as Alexander Petalas’s Perimeter in London, Osathanugrah’s upcoming Dib Bangkok, and Basma Al Sulaiman’s virtual museum BASMOCA.

frieze abu dhabi fair announced

Frieze, the London-based art fair organizer, announced it will launch Frieze Abu Dhabi in November 2026, partnering with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi). The new fair will replace the existing Abu Dhabi Art fair, which has run since 2007, and will take place at Manarat Al Saadiyat in the Saadiyat Cultural District. The announcement follows Frieze's recent acquisition by Mari, a company founded by Ari Emanuel, and comes amid a wave of international art fair expansions in the Gulf region, including Art Basel's new fair in Doha.

saudi arabia deutsche bank ink cultural partnership

Saudi Arabia announced over 5 billion Saudi riyals ($1.3 billion) in new cultural funds and agreements at the first Cultural Investment Conference in Riyadh, held under Crown Prince Mohammed bin Salman. Key initiatives include a partnership with Deutsche Bank for training and cultural exchanges, and the immediate establishment of the Riyadh University of Arts, set to open in 2026 with courses in film, performing arts, and theater. The Ministry of Culture also signed a memorandum of understanding with the Royal Commission for AlUla to boost cultural infrastructure in the AlUla oasis.

met museum maria castro curator hire

The Metropolitan Museum of Art has hired Maria Castro as an associate curator in its modern and contemporary department, a role she will begin later this month. Castro joins from the San Francisco Museum of Modern Art, where she served as associate curator of painting and sculpture and co-organized exhibitions including a current permanent collection hang and a show centered on Henri Matisse's "Femme au chapeau" (1905). Her appointment comes as the Met prepares for the opening of the Oscar L. and H.M. Agnes Hsu-Tang Wing in 2030, a major expansion that is driving departmental growth.

frieze london frieze masters 2025 highlights

Frieze London and Frieze Masters have announced highlights for their 2025 editions, running concurrently October 15–19 in Regent’s Park. Frieze London will feature ceramics and textiles, including a presentation titled “Three Generations of Female California Ceramics” at The Pit, stoneware sculptures by Sanya Kantarovsky at Modern Art, and textile works by Antonio Pichillá Quiacaín at Portas Vilaseca. Major galleries like Gagosian, Pace, Lehmann Maupin, White Cube, and Lisson will present new works by artists such as Lauren Halsey, William Monk, Do Ho Suh, and Marguerite Humeau. The fair’s curated section “Echoes in the Present” by Jareh Das includes artists like Diambe and Tadáskía, while the Focus section emphasizes installation-based works. Frieze Masters highlights include a booth of 19th- and 20th-century paintings curated by Nicolas Party at Hauser & Wirth, a solo of Peter Hujar’s drag portraits at Pace, and a new Reflections section organized by Abby Bangser focusing on decorative art.

brian ferriso named director dallas museum of art

The Dallas Museum of Art (DMA) has appointed Brian Ferriso, the longtime director of the Portland Art Museum (PAM), as its next director, effective December 1. Ferriso succeeds Agustín Arteaga, who left last year to lead the Crocker Art Museum in Sacramento. During his 18-year tenure at PAM, Ferriso grew the endowment by $40 million, eliminated $7 million in debt, doubled curatorial staff, and made the museum free for visitors 17 and under. He also oversaw major collection diversification, co-commissioned Jeffrey Gibson’s U.S. Pavilion at the 2024 Venice Biennale, and will open a 100,000-square-foot expansion funded by a $140 million capital campaign.

indian modernist tyeb mehtas market is soaring how high will it go

Tyeb Mehta's auction market has surged in 2025, with two record-breaking sales in April alone. Saffronart sold his 1956 painting *Trussed Bull* for $7.2 million, the highest price ever for the artist, followed by AstaGuru's sale of *Untitled (Diagonal)* (1973) for $6.8 million. Mehta produced only around 200 canvases in his lifetime, and most key works are held by institutions and private collectors, making major acquisitions rare and competitive. The article analyzes his market performance, including a 100% sell-through rate across seven lots in 2025, totaling $15.3 million.

goodwood art foundation

The Goodwood Art Foundation, a new contemporary art destination set within the 11,000-acre Goodwood Estate in West Sussex, England, opens to the public on May 31. The inaugural season features works by Susan Philipsz, Rachel Whiteread (including a monumental staircase sculpture *Down and Up*), Veronica Ryan, Rose Wylie, Isamu Noguchi, and Hélio Oiticica (whose *Magic Square #3* will be the first outdoor sculpture by the late Brazilian artist in Europe). The estate, owned by Charles Gordon-Lennox, the 11th Duke of Richmond, is historically known for sporting events like the Festival of Speed and the Qatar Goodwood Festival, and houses a historic art collection including Canalettos and works by George Stubbs.

design miami announces 2025 programming new event seoul

Design Miami has announced its 2025 programming for its 20th anniversary year, including a new initiative called Design Miami.In Situ. The schedule features a one-day event in Aspen in July, a 14-day exhibition in Seoul in September, the third edition of its Paris fair in October, and the 21st edition of its flagship fair in Miami Beach in December. The Seoul exhibition, curated by Hyeyoung Cho and held at the Dongdaemun Design Plaza, is a collaboration with the Seoul Design Foundation focusing on Korean collectible design. CEO Jen Roberts described this as the organization's largest global expansion and most ambitious program to date.

5 rediscoveries transforming black art narratives

Artnet News highlights five recent rediscoveries and reinterpretations that are reshaping narratives around Black artists and sitters in art history. These include Gustav Klimt's long-lost portrait of Prince William Nii Nortey Dowuona, an Osu prince exhibited in a racist "human zoo" in Vienna, which resurfaced in 2023 and was shown at TEFAF Maastricht with a $16.4 million price tag. Also featured are Edvard Munch's dual portrayals of Sultan Abdul Karim—one intimate, one stereotyped—on view at the National Portrait Gallery in London, and new research identifying James Cumberlidge, a Black servant in a Jean-Baptiste van Loo portrait, correcting a historical misattribution.

centre pompidou brazil satellite

The Centre Pompidou will open its first South American satellite in Foz do Iguaçu, Brazil, in November 2027, backed by Paraná state officials. Designed by Paraguayan architect Solano Benítez, the museum will feature exhibition galleries and research facilities, highlighting South American artists alongside works from the Pompidou’s permanent collection of around 150,000 objects. This expansion comes as the Paris flagship closes for five years starting September 2024 for a $280 million renovation.

sfmoma gift pamela joyner alfred giuffrida

The San Francisco Museum of Modern Art (SFMOMA) has received a landmark gift of 31 paintings, sculptures, and drawings from the Pamela J. Joyner and Alfred J. Giuffrida Collection, which focuses on abstract works by artists of the African diaspora. The donated pieces, created by 20 American artists born before 1930—including Elizabeth Catlett, Beauford Delaney, Norman Lewis, and Richard Mayhew—are intended to fill historical gaps in the museum's collection. Joyner, who became an SFMOMA trustee in 2020, selected works that represent the earliest generation of artists in her collection, aiming to support a more inclusive art-historical narrative.

in london sadie coles expands amid stark drop in profits

Sadie Coles, a prominent London contemporary art gallery, announced plans to open a new 6,000-square-foot location in Mayfair this fall, despite reporting a steep 46 percent drop in revenue for 2024, from £52.3 million to £28.3 million. Pre-tax profits plunged 93 percent to £400,000, down from £5.5 million the prior year. Coles attributed the downturn to a slowdown at the high end of the art market, but noted the gallery carries no debt and has seen a 20 percent increase in total assets over five years, growing from £23.9 million to £28.8 million.

mauritshuis museum rembrandt paintings copies

The Mauritshuis museum in The Hague has reclassified three paintings previously attributed to Rembrandt as copies or studio works: *Portrait of Rembrandt with a Gorget* (ca. 1629), *Study of an Old Man* (ca. 1655–60), and *‘Tronie’ of an Old Man* (ca. 1630). The first was identified as a copy in 1999, the second was found to be by a student despite a genuine signature, and the third may have been painted by a student or Rembrandt himself. The museum now lists 11 works as authentic Rembrandts, including *The Anatomy Lesson of Dr. Nicolaes Tulp* (1632), and seven works whose authenticity has been questioned.

Art Movements: Meet The Met's New Photography Curator

The Metropolitan Museum of Art has appointed Oluremi C. Onabanjo as its new curator of photographs, bringing her expertise in African and Black diasporic histories from MoMA. This announcement leads a series of industry shifts, including Melissa Chiu’s move from the Hirshhorn to direct the Guggenheim, and the relocation of the influential gallery 47 Canal to Chelsea. Additionally, the New York Foundation for the Arts distributed nearly $500,000 in grants to 129 artists and organizations in Queens.

Sift Through the Hundreds of Pacifiers, Graphic Tees, and Spoons in This NYC Couple’s Collection

Multidisciplinary artists Bobbi Salvör Menuez and quori theodor, a couple living in New York City, have built an extensive collection of everyday objects including T-shirts, cassette tapes, spoons, pacifiers, and playing cards sourced from sidewalks, thrift stores, and shoot sets. Their collecting practice is intuitive and deeply personal, driven by nostalgia, childhood memories, and their bond with each other, treating each object as a talisman or treasure rather than a financial investment.