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how to close your gallery 2718118

Claudia Altman-Siegel closed her San Francisco gallery, Altman Siegel, in November 2025 with a farewell party, handing out beers to friends, artists, and visitors. She aimed to provide closure and avoid the sudden, chaotic closures that have become common in the mid-tier art market, which often leave artists unpaid, works unreturned, and staff in limbo. Other dealers, including Tif Sigfrids and Rena Bransten, shared strategies for ethical closures, such as continuing to support artists through networks, paying them on time, and returning all works. Bransten's gallery, after 50 years, is shifting to a nomadic model rather than fully closing.

tilton gallery closure 1234753483

Tilton Gallery in New York has announced that its upcoming exhibition, featuring late abstract painter Ruth Vollmer, will be its last. The show runs from September 30 to November 15, after which the gallery will vacate its Upper East Side space. The decision was made by Connie Rogers Tilton, Jack Tilton's widow, who has run the gallery since his death in 2017. She stated it is time to pursue her own projects in a more private setting. The gallery was founded in 1983 by Jack Tilton, who previously worked for Betty Parsons, and was known for launching careers of artists like Marlene Dumas, Nicole Eisenman, and Glenn Ligon, as well as promoting Chinese artists in the 1990s.

hannah hoffman bridget donahue gallery merger 1234751560

New York dealer Bridget Donahue and Los Angeles dealer Hannah Hoffman are merging their eponymous galleries to form a new operation called Hoffman Donahue, with spaces in both cities. The combined gallery represents 43 artists, including Puppies Puppies and Lynn Hershman Leeson, and its roster is more than 70 percent women artists. The merger will be fully integrated by 2026, with its official debut at Art Basel Paris. The dealers previously worked together at Gavin Brown's Enterprise and have collaborated on art fair booths.

blum staffers speak closure ex art basel boss slams art financialization 1234748683

Tim Blum, founder of Blum Gallery, announced the closure of his gallery in early July, citing systemic problems and burnout. However, former employees and artists have since spoken out, claiming they were blindsided by the decision and criticizing the lack of notice, severance, and transparency. Some sources allege that poor business decisions, including a buyout of partner Jeff Poe and costly renovations in a shaky economy, contributed to the closure, while others dispute Blum's claims of strong sales at Art Basel. Separately, a bipartisan Senate bill seeks to extend a 2016 law aiding Holocaust victims in reclaiming Nazi-looted art, but major museums are pushing back, arguing the law unfairly hinders their ability to defend claims.

The Storm Hits the Art Market

The article reports on the severe downturn in the art market during the first half of 2025, focusing on the closure of New York-based Clearing gallery. Despite opting out of Art Basel to host an alternative exhibition in a rented villa to cut costs, the gallery could not survive its financial losses and announced bankruptcy in August. It is one of several prominent galleries—including Blum, Venus Over Manhattan, and Kasmin—that have closed amid falling sales, high overheads, and reduced collector spending.

The 10 Best Museum and Gallery Shows to See in the Bay Area This Summer

The article highlights ten notable museum and gallery exhibitions opening in the Bay Area during summer 2026, including Ranu Mukherjee's solo show 'The Long Middle' at Gallery Wendi Norris, a group survey 'Slice of the Pie' at Fraenkel Gallery featuring 14 Bay Area galleries, and 'Giant Steps' at Personal Space in Vallejo focusing on innovative ceramic works. Other featured shows include Will Yackulic's 'A Certain Slant of Light' at pt.2 in Oakland and several other exhibitions across San Francisco and Oakland.

The US struggles with history, Stephen Friedman Gallery closes, Tudor Heart pendant acquired by the British Museum—podcast

The United States is experiencing significant cultural and political disputes as it approaches the 250th anniversary of the Declaration of Independence in July 2026. A recent flashpoint involved the Trump administration removing the rainbow Pride flag from the Stonewall Monument in New York, highlighting deep societal divisions over history and representation. Concurrently, various cultural initiatives are being planned to mark the semiquincentennial.

Closures Can’t Dim the Spark: 9 Unmissable Bay Area Art Shows This October

The article highlights nine must-see art exhibitions in the Bay Area for October, despite recent gallery closures like KADIST and Gallery 16. Key shows include the Museum of the African Diaspora's twin exhibitions 'Continuum' and 'Unbound' for its 20th anniversary, Drew Villanueva's first solo exhibition at Good Mother Studio inside Ikea, Jim Melchert's retrospective at di Rosa Center for Contemporary Art, and Mills College Art Museum's '100 Years of Creative Visions'. The programming is anchored by the second edition of Nexus, a Bay Area art week spotlighting Black voices and bridging regional divides.

Fort Worth’s Fall Gallery Night blows in this weekend. Here are 5 art galleries to visit

Fort Worth's Fall Gallery Night returns on September 6, organized by the Fort Worth Art Dealers Association, featuring concurrent open houses at museums, galleries, and pop-up spaces across Fort Worth and Arlington. Highlights include Alex Da Corte's exhibition 'The Whale' at the Modern Art Museum of Fort Worth, Victoria Gonzales's 'Ethereal Goats, Earthy Pecans' at William Campbell Gallery, and a group show 'Inner Space' at Kinfolk House, along with a Latin-themed car and culture exhibition across three Sundance Square galleries. Rebecca Low Sculpture Gallery will participate in its final Gallery Night before permanently closing in November.

New York Dealer Hal Bromm Can’t Remember His Last Art Fair. He Couldn’t Be Happier

Hal Bromm, a New York art dealer who opened his gallery in Tribeca decades before it became a gallery hub, is celebrating 50 years in the neighborhood. He opened in 1974, predating the wave of galleries that moved to Tribeca around 2013, and has remained at 90 West Broadway since 1977. To mark the milestone, he will present the exhibition “50: The View from Tribeca” on September 19 and publish a book, *New Art, Old Buildings: Stories from Hal Bromm’s Tribeca*. Bromm reflects on his early career, including introducing artists like Donald Judd, Alighiero Boetti, and Mario Merz to New York audiences, and his instinct-driven approach to selecting artists.

tim blum gallery closure

Tim Blum, co-founder of the influential Los Angeles gallery Blum & Poe, announced the closure of the gallery last week. Blum, who took over after Jeff Poe left the business in 2023, cited personal burnout and a system-wide problem of over-expansion as reasons for the decision. In an interview with CULTURED editor-in-chief Sarah Harrelson, Blum reflected on his 35-year career, his role in building LA into an art-market capital, and his plans to stay involved in the art world in a new, alternative form.

adam lindemann too much art column 2743340

Adam Lindemann draws a parallel between the oversupply of wine and the current state of the art market, noting that too many galleries and artists are producing work while demand from collectors is slowing. He cites the glut of art fairs, particularly the 840 galleries exhibiting during Miami Basel week in December 2025, and quotes advisor Allan Schwartzman describing the market as "tired." Lindemann observes that even mega-trophies like Leonardo's *Salvator Mundi* are rare exceptions, and that museums are becoming more selective in accepting donations.

francis irv closes 2740202

Francis Irv, an unconventional art space in New York known for its unpredictable programming, is closing after over three years. Founded by Sam Marion Wilken and Shane Rossi, the gallery operated first in a Chinatown mall beneath the Manhattan Bridge and later in a nondescript third-floor room nearby. It showcased a multigenerational mix of artists from the US and Europe, including Megan Marrin, Win McCarthy, and Reinhard Mucha, and participated in alternative art fairs like Basel Social Club and Paris Internationale rather than the mainstream circuit.

sperone westwater dealers lawsuit gallery closure 1234762097

Three months before announcing the closure of Sperone Westwater after 50 years, co-founder Gian Enzo Sperone sued his partner Angela Westwater, alleging a "parasitic deadlock" and accusing her of wresting control of a corporation holding a 50 percent stake in the gallery. The lawsuit claims Westwater mishandled funds, withheld records, mismanaged rent payments, and increased her own salary without approval. The gallery, founded in 1975 as Sperone Westwater Fischer, has represented major artists including Bruce Nauman, Francesco Clemente, and Richard Long, and will close this December.

heidi hahn not your woman 2656605

Artist Heidi Hahn discusses her recent exhibition "Not Your Woman" and the emotional journey behind the paintings in an interview with Thalia Stefaniuk. Originally scheduled to open at Mitchell-Innes & Nash's Chelsea gallery, the show was cancelled when the gallery suddenly closed, leaving Hahn feeling discarded and forcing her to rethink the work. The resulting large-scale canvases feature abstract, monumental female bodies rendered in muted oranges, reds, and blues—figures that are faceless, exaggerated, and more like totems or memories than recognizable women. The conversation explores themes of disappointment, failure, and the tension between wanting to be seen and wanting to disappear.

Praise Shadows’s New Sales Director and Para Site Names Executive Director: Industry Moves for March 18, 2026

Several key personnel changes occurred in the art world this week. Boston gallery Praise Shadows hired Rebecca Hayes as its new Sales Director, while Hong Kong's Para Site appointed curator James Taylor-Foster as its Executive Director. Concurrently, galleries Lehmann Maupin and Jessica Silverman announced a co-representation agreement for artist Guimi You, and London's Timothy Taylor gallery revealed it will close its New York outpost after ten years.

project native informant gallery london closes 1234759675

Project Native Informant, a London gallery known for its focus on internet-influenced art, announced it will close after 12 years. Founder Stephan Tanbin Sastrawidjaja cited the volatile global economic, political, and social environment, along with personal factors, as reasons for the decision. The gallery launched in 2013 in a Mayfair garage before moving to the East End, and its final show was a solo exhibition for Sean Steadman that closed over the summer.

art market reporting doom coverage 1234751514

Artnet News released its mid-year intelligence report on the art market, led by Katya Kazakina's analysis titled “The Storm Hits the Art Market: Who’s Getting Swept Away?” The article cites major gallery closures including Blum, Venus Over Manhattan, and Kasmin, and quotes a collector warning that “blood will flow in the streets” before the market recalibrates. Kenny Schachter, an artist, dealer, and Artnet columnist, publicly criticized the coverage on Instagram, calling it alarmist and arguing that the market is “fucking fine.” The exchange has sparked a debate about the fairness and responsibility of art-market reporting.

Show me the money: UK gallery and auction house accounts reveal reality of a tough market

Recent financial filings from UK-based art businesses reveal a stark downturn in the art market, highlighted by the sudden liquidation of Stephen Friedman Gallery. The gallery's collapse followed expensive expansion projects in London and New York, compounded by a £1.7m loss in 2023 and a significant debt of £11.4m to creditors. Other major players, including Thaddaeus Ropac, reported substantial revenue drops, with Ropac’s turnover falling from £49.6m to £36.4m as the industry grapples with rising overheads and economic volatility.

After 50 years, LA Louver is closing its gallery in Venice, California

LA Louver, the longest-running gallery in Los Angeles, is closing its Venice, California space after 50 years in business. Founder Peter Goulds, who turns 77 next month, is transitioning the gallery into a private dealing model with pop-up exhibitions from its Jefferson Boulevard warehouse in West Adams. The Venice space will be listed for sale but remain open by appointment to sell inventory. The gallery is also donating its extensive archive to the Huntington Library in San Marino, which includes papers of writers like Octavia Butler and Christopher Isherwood.

‘Sometimes you just have to go for it’: as others close, Ben Hunter expands his London gallery

London art dealer Ben Hunter is bucking the trend of gallery closures by expanding his gallery into a full townhouse at 44 Duke Street in St James’s, set to open this October. Hunter, who previously worked for Old Master dealer Derek Johns and sculpture specialist Robert Bowman, founded his gallery in 2018 and has gradually taken over more space in the building as other tenants left. The historic townhouse was originally where Jay Jopling launched White Cube in 1993. Hunter cites the need to match the ambition of his artists and seize opportunities as key reasons for the expansion, despite the challenging market.

New York’s Eclectic Francis Irv Gallery Shutters after Three Years

Francis Irv, a young New York gallery known for showcasing an eclectic mix of established and emerging artists from the US and Europe, has closed after just over three years in business. Founded by Shane Rossi and Sam Marion Wilken, who met as studio assistants, the gallery launched in 2022 under the name Kinder in a Chinatown mall beneath the Manhattan Bridge before relocating to a TriBeCa space. Its inaugural exhibition was a group show in Los Angeles co-curated by artist and writer Aria Dean, featuring artists such as Hannah Black, Jordan Wolfson, and Benjamin Echeverria. The gallery never formally announced a roster but showed artists including Sophie Gogl, Karla Kaplun, Megan Marrin, Win McCarthy, Ahgharad Williams, and German sculptor Reinhard Mucha. In December, it helped mount an experimental play by Georgica Pettus. The founders posted a farewell on their website, reflecting on their run.

inside a new gallery championing postwar abstraction 2737554

Shamnoski Gallery, a new brick-and-mortar space focused on postwar abstraction, opened on New York's Upper East Side in November 2025. Founded by Matthew Shamnoski, the gallery evolved from his online platform Projects 28 and champions mid- to late-20th-century artists and estates, particularly those historically overlooked. The gallery's inaugural exhibition, "John Grillo: Collages 1952–1962," reflects its mission to provide sustained presentation and scholarship for artists within this lineage.

perrotin relocating hong kong gallery 1234756940

Emmanuel Perrotin announced that his gallery is relocating from K11 Atelier Victoria Dockside back to Central, Hong Kong’s business district, where it first opened in Asia in 2012. The gallery vacated Dockside on October 1 after six years, citing the need to better serve its community, enhance accessibility, and reduce operational costs. The move follows Pace Gallery’s announcement that it will close its H Queen’s location by the end of October, and comes amid a broader shake-up in Hong Kong’s gallery scene, with other blue-chip dealers like Lévy Gorvy Dayan also shuttering spaces.

Tim Blum will phase out traditional gallery model, close Los Angeles and Tokyo locations

Tim Blum, co-founder of the influential Los Angeles gallery Blum (formerly Blum & Poe), announced he will phase out the traditional gallery model, closing the gallery's permanent public spaces in Los Angeles and Tokyo. Blum cited burnout from the relentless demands of art fairs and gallery openings, emphasizing the decision is about the system, not the market. The gallery, which introduced American audiences to Japanese artists like Yoshitomo Nara and Takashi Murakami and gave early shows to Mark Grotjahn and Anna Weyant, will shift to a more flexible model involving collaborations and special projects. A previous New York space closed in 2023, and a Tribeca space's future remains undetermined.

stevenson gallery closing johannesburg branch 1234765511

Stevenson Gallery is closing its Johannesburg branch after 17 years, with the last day on December 12. The final exhibition, Tofo Bardi's "Underground: Nothing to Hold," will close early. The gallery's Cape Town and Amsterdam locations will remain open. Founded in Cape Town in 2003 by Michael Stevenson, the Johannesburg outpost opened in 2008 and moved several times before settling in Parktown North in 2019.

christies 20th century art november new york by the numbers 2715393

Christie’s fall auction season in New York opened with a robust evening sale of 20th-century art on Monday night at Rockefeller Center, achieving a total of $690 million after fees. The sale featured an 18-lot offering from the private collection of Robert and Patricia Weis, followed by the main 20th-century auction. The top lot was Mark Rothko’s *No. 31 (Yellow Stripe)* (1958), which sold for $62 million, while Claude Monet’s *Nymphéas* (1907) brought $45.5 million. The sale had a 95 percent sell-through rate, with 55 of 80 lots guaranteed, and strong in-person bidding provided a boost of market confidence after months of art fair cancellations and gallery closures.

10 Art Shows to See in the Bay Area This Spring

The San Francisco Bay Area's spring art season features a robust lineup of exhibitions highlighting local artists, history, and community resilience amid a challenging cultural climate. Shows include Cece Carpio's first solo exhibition at SOMArts blending street art and folklore, a major Theresa Hak Kyung Cha retrospective at BAMPFA, and Trina Michelle Robinson's two-venue exploration of Black migration at 500 Capp Street and Root Division.

Art market 2025 review: all eyes on the Gulf as Trump destabilises global order

The global art market continued to contract in 2025, with prominent galleries such as Blum, Clearing, Sperone Westwater, Tilton, Kasmin, TJ Boulting, Project Native Informant, Nir Altman, and Altman Siegel closing due to challenging macroeconomic conditions. However, a rebound emerged at the top end by autumn, driven by Sotheby's white-glove sale of the Pauline Karpidas collection, strong VVIP sales at Art Basel Paris, and New York's November auctions, where Klimt's *Portrait of Elisabeth Lederer* (1914-16) sold for $236.3 million and Frida Kahlo's *El Sueño (la cama)* (1940) for $54.7 million. Christie's and Sotheby's reported increased sales from 2024, with second-half auctions up 26% year-on-year, though recovery remains uneven and concentrated in classic secondary-market tastes.

Five forces that reshaped the art market in 2025

In 2025, the art market faced significant challenges, including gallery closures and unfavorable auction results in the first three quarters, driven by geopolitical pressures such as US President Donald Trump's tariffs. However, a rebound occurred in autumn, with buoyant fairs like Frieze London and Art Basel Paris, and strong November auctions in New York totaling over USD 2 billion, carrying momentum to Art Basel Miami Beach. Key events included Gustav Klimt's *Portrait of Elisabeth Lederer* selling for USD 236.4 million at Sotheby's, a record for a Modern work, and a Frida Kahlo self-portrait setting a new record for a work by a woman. Meanwhile, several galleries closed, including Blum, Venus Over Manhattan, Clearing, Kasmin Gallery, Tilton Gallery, and Perrotin and Pace's Hong Kong outposts, while others expanded, such as Thaddaeus Ropac in Milan and Hauser & Wirth in Sicily.