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sothebys 2025 sales results analysis

Sotheby's is projecting $7.0 billion in consolidated 2025 sales, a 17% increase over the previous year and the strongest result in the company's history. Auction sales rose 26% to $5.7 billion, driven by high-quality consignments including the Leonard A. Lauder Collection and a $236.4 million Klimt painting. Luxury sales climbed 22% to $2.7 billion, while RM Sotheby's surpassed $1 billion for the first time. The opening of Sotheby's new global headquarters at the Breuer Building was a commercial centerpiece, generating $1.17 billion in its inaugural week. The company also expanded rapidly in the Middle East, staging the first international auction in Saudi Arabia and launching Collectors' Week in Abu Dhabi.

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.

malba acquires daros latinamerica collection expansion

Malba, the Museum of Latin American Art of Buenos Aires, has acquired the Daros Latinamerica Collection, a private trove of 1,233 works by 117 artists spanning the 1950s to 2010s. The deal, orchestrated by founder Eduardo F. Costantini, nearly doubles the museum's holdings to roughly 3,000 works and is part of a broader expansion timed to Malba's 25th anniversary in 2026, including a building extension beneath Plaza Perú that will double its footprint to 90,000 square feet.

whitney biennial 2026 artist list

The Whitney Biennial has announced the 56 artists selected for its 82nd edition, opening March 8, 2026. Curated by Marcela Guerrero and Drew Sawyer, the exhibition explores themes of relationality, kinship, infrastructure, and the US role in global affairs. The curators visited over 300 studios worldwide, and the list includes many emerging and lesser-known artists, with most participants under 45 and a significant number identifying as queer.

malba acquires 1200 works

Eduardo F. Costantini, founder of the Museo de Arte Latinoamericano de Buenos Aires (Malba), announced the acquisition of the Daros Latinamerica Collection in Zurich, adding 1,233 works by 117 artists to the museum's holdings. This roughly doubles Malba's collection to 3,000 works, with a major expansion project planned to accommodate the new pieces, set to begin next fall to mark the museum's 25th anniversary. Highlights include works by Doris Salcedo, Ana Mendieta, Julio Le Parc, Alfredo Jaar, Lygia Clark, and Jesús Rafael Soto, with 75 artists new to Malba.

tiffany magnolia lamp sothebys sale

Sotheby's sold a Tiffany Studios Magnolia floor lamp for $4.4 million at its Dreaming in Glass auction in New York, making it the most expensive leaded lamp by the decorative arts studio ever sold at auction. The lamp, manufactured around 1910, features a patinated bronze stand and a 28-inch colored glass dome depicting magnolias, and was crafted by Agnes Northrop, Tiffany's star designer, rather than Clara Driscoll. The bidding battle lasted 10 minutes, surpassing the $3 million high estimate.

rijksmuseum to open satellite branch eindhoven netherlands

The Rijksmuseum, the national museum of the Netherlands in Amsterdam, has announced a partnership with the municipality of Eindhoven to build a satellite branch in the city. The 35,000-square-foot building will be located in a park near Eindhoven Central Station and is expected to open in six to eight years, presenting exhibitions drawn from the Rijksmuseum’s collection of over one million objects, including masterpieces by Rembrandt, Vermeer, and Van Gogh. Major sponsorship comes from Dutch semiconductor company ASML.

paris modern art museum donation henri matisse

Barbara Dauphin Duthuit, the wife of Henri Matisse's grandson, has donated 61 works by Matisse to the Musée d’Art Moderne de Paris. The gift includes seven paintings, numerous drawings, etchings, lithographs, and illustrated books, most of which feature portraits of the artist's eldest daughter, Marguerite (1894–1982). Many of these works were on view in France for the first time during the museum's recent exhibition “Matisse and Marguerite: Through Her Father’s Eyes.” The donation spans from Marguerite's childhood to 1945, including pieces that reference her convalescence from diphtheria and her survival of Gestapo torture during World War II.

ultra contemporary chinese artists market

The article analyzes the auction performance of Chinese artists born after 1990 (post-90s) in the first half of 2025, based on data from the Artnet Price Database and the Artnet Intelligence Report. It highlights a shift from short-term speculation to longer-term competition, with the market showing more robust structure including stratified pricing and wider transactional geography. Key figures include Li Hei Di, whose large-scale painting sold for HK$2.67 million at Sotheby’s Hong Kong, and other artists like Zhang Zipiao, Yuan Fang, and Wang Qianyao achieving consistent mid-range prices between HK$300,000 and HK$800,000. Sales in Hong Kong reached HK$12.4 million, while artists also entered Western markets in New York and London.

zohran mamdani best museum new york subway system

New York City Mayor-elect Zohran Mamdani declared in a New York Times interview that the city's best museum is its subway system, citing the public artworks by artists like Vito Acconci, Nick Cave, Yoko Ono, Faith Ringgold, and Jeffrey Gibson that are accessible to all riders. He praised the MTA for making art available regardless of income, while also expressing interest in visiting the Museum of the Moving Image in Astoria, Queens, and crediting his wife, illustrator Rama Duwaji, for expanding his appreciation of art beyond formal settings.

emma mcintyre 2025

Emma McIntyre, a New Zealand-born painter known for her oxidation technique using rust on canvas, has rapidly ascended in the art world. After earning MFAs in Auckland and Pasadena, she joined mega-gallery David Zwirner in 2024, with additional representation by Château Shatto in Los Angeles and Air de Paris. Her auction record was set at Phillips London in October 2025, with her work "Seven types of ambiguity" selling for $225,100. McIntyre's practice blends material experimentation—including iron oxide pigments and bubble wrap—with references spanning Greek myth to Rococo art.

studio museum harlem reopening

The Studio Museum in Harlem reopened its newly rebuilt, seven-story space on 125th Street after nearly eight years without a permanent home. A press preview on November 6, 2025, showcased the $300 million, 82,000-square-foot building designed by Adjaye Associates with Cooper Robertson, which more than doubles the museum's exhibition space. The public reopening is set for November 15 with a free community celebration. Inaugural exhibitions include "From Now: A Collection in Context," works by over 100 alumni of the artist-in-residence program, and a solo show of Tom Lloyd, whose work was featured in the museum's first exhibition in 1968. The building features a grand staircase, a cantilevered auditorium called the "Stoop," a roof terrace, and prominent works by David Hammons and Glenn Ligon.

hauser and wirth sicily

Mega-gallery Hauser & Wirth is acquiring the historic Palazzo Forcella De Sata in Palermo, Sicily, as confirmed by president and cofounder Iwan Wirth. The property, a 19th-century eclectic architectural landmark that hosted Manifesta 12 in 2018, was purchased in mid-November, though Sicilian authorities and Italy’s Ministry of Culture have a two-month window to preempt the sale due to historical monument restrictions. The gallery plans to use the main floor as exhibition space, with renovations potentially completed by 2030.

architecture houses lost los angeles fires

A week after wildfires erupted across Los Angeles, the city remains under critical threat as the Pacific Palisades, Eaton, Hollywood Hills, and San Fernando Valley fires have forced the evacuation of roughly 200,000 residents, destroyed about 12,000 buildings, and claimed at least 24 lives. Among the losses are culturally and architecturally significant structures, including the Bunny Museum in Altadena, the historic Will Rogers ranch, the Altadena Community Church (designed by Harry L. Pierce), the Andrew McNally House (a Queen Anne-style mansion by Frederick Roehrig), Richard Neutra's Benedict and Nancy Freedman House, and Gregory Ain's Park Planned Homes in Altadena. Adrian Scott Fine of the Los Angeles Conservancy described the destruction as "a mass erasure of heritage."

ralph lemon artnews awards 2025 lifetime achievement

Ralph Lemon has been awarded the 2025 ARTnews Lifetime Achievement Award for his multidisciplinary practice spanning dance, drawing, painting, installation, sculpture, and writing. The article highlights his career trajectory from founding the Ralph Lemon Dance Company to disbanding it in 1995 to focus on broader artistic collaborations. Central to his work is the Geography Trilogy (1996–2004) and his long-term collaboration with Walter Carter, a former Mississippi sharecropper, whose life and family became a recurring subject. Lemon's recent exhibition "Ceremonies Out of the Air: Ralph Lemon" at MoMA PS1 (November 14, 2024–March 24, 2025), curated by Connie Butler and Thomas Lax, featured videos, found African sculptures, drawings, and a four-channel performance piece, Rant (redux), with Kevin Beasley and Okwui Okpokwasili.

wafaa bilal artnews awards 2025 established artist

Wafaa Bilal has been named the recipient of the 2025 ARTnews Award for Established Artist, recognizing his survey exhibition “Wafaa Bilal: Indulge Me” at the Museum of Contemporary Art, Chicago (February 1–October 19, 2025). The show is the first major retrospective for the Iraqi American artist, featuring works that put his body at risk, including the iconic performance *Domestic Tension* (2007), in which remote participants fired a paintball gun at him over the internet, and *Virtual Jihadi* (2008), a modified video game that blurs the lines between aggressor and victim. Curated by Bana Kattan, the exhibition restages elements of Bilal’s original performance and presents his ongoing critique of U.S. involvement in the Middle East, particularly the Iraq War and the use of drone warfare.

legacies asian american artists 2025 artnews awards 80wse

The article reviews "Legacies: Asian American Art Movements in New York City," an exhibition at 80WSE in New York, curated by Howie Chen, Jayne Cole Southard, and christina ong, running from September 11 to December 20, 2024. Billed as the first institutional survey of Asian American artists in New York City, the show features 90 artists and spans the period from 1969 to 2001, centering on three key organizations: Godzilla: Asian American Art Network, the Basement Workshop, and the Asian American Arts Centre. The exhibition highlights how many of these artists did not solely make work about their race, complicating the link between identity and art, and includes lesser-known pieces such as David Diao's 1974 painting "Odd Man Out" and a provocative 1985 photograph by Hanh Thi Pham.

chief curator leaves george lucas museum

Pilar Tompkins Rivas, chief curator and deputy director of curatorial and collections at the Lucas Museum of Narrative Art in Los Angeles, has left the museum less than a year before its scheduled September 2026 opening. The museum stated it has no immediate plans to replace her, with George Lucas continuing to oversee curatorial direction. This departure follows a series of staffing issues, including the exit of director and CEO Sandra Jackson-Dumont in March 2025, layoffs of 22 staff members in May, and the earlier losses of curator Amanda Hunt and curator-at-large Dan Nadel. The $1-billion museum, first announced in 2017, has faced repeated delays due to the pandemic and supply-chain shortages.

london national gallery to raise 1 billion project domani

London's National Gallery has announced Project Domani, a nearly $1 billion initiative to collect 20th- and 21st-century art and build a new wing to house it. The institution has shortlisted six architectural firms—including Foster + Partners, Renzo Piano Building Workshop, and Kengo Kuma and Associates—from 65 entrants in an international competition, with a winner to be announced in April. About half the funds have been raised, with major pledges from Crankstart, the Julia Rausing Trust, and the National Gallery Trust. The wing will be built on the last undeveloped portion of the campus at 30 Orange Street and is projected to open in the early 2030s.

m f husain museum qatar

Qatar has unveiled a new museum dedicated entirely to the late Indian Modernist artist M.F. Husain, titled Lawh Wa Qalam: M.F. Husain Museum. Located in Doha's Education City, the museum houses over 150 artworks spanning from the 1950s to his death in 2011, including paintings, poetry, photography, tapestries, sculptures, and installations. The museum, opened on November 28 by the Qatar Foundation chaired by Sheikha Moza bint Nasser, fulfills a long-held dream of the artist, who was granted Qatari citizenship in 2010 after self-imposed exile from India. The building was designed by architect Martand Khosla based on a sketch Husain himself created for his envisioned museum.

jennifer gilbert lumana detroit

Entrepreneur and art collector Jennifer Gilbert has founded Lumana, a new non-profit arts organization in Detroit's Little Village neighborhood. Housed in a repurposed 21,000-square-foot former shipbuilding and storage facility at Stanton Yards, the space is being adapted by SO–IL architectural firm with landscape design by OSD. Slated to open in Fall 2027, Lumana will feature two exhibition halls, a café, bookstore, auditorium, and educational spaces, and will house Gilbert's foundation. Gilbert plans to draw on her private art collection for exhibitions, including an inaugural show focused on Cranbrook Art Museum's Detroit collection, and is considering curatorial fellowships to commission new site-specific work.

nybg holiday train show whitney museum

The New York Botanical Garden's 34th annual "Holiday Train Show" features miniature replicas of New York landmarks crafted from natural materials by the botanical artists of Applied Imagination. This year's edition adds two new models: the recently renovated Delacorte Theater in Central Park and the Whitney Museum of American Art's Meatpacking District flagship, designed by Renzo Piano. The Whitney replica, built over three months by artist Ava Roberts and fabrication director Kaitlin Schmidt, uses a new two-way mirrored acrylic glass technique for the windows and incorporates materials like purple smoke bush branches, horse chestnut bark, and fallen Zelkova bark. The company, founded by Paul Busse in 1991 and now run by his daughter Laura Busse Dolan, creates whimsical versions of landmarks using leaves, sticks, fungi, and other dried plant materials.

moma carlo rambaldi centennial screening series

The Museum of Modern Art (MoMA) in New York will host a two-week screening series starting December 10, featuring 15 films that showcase the special effects work of the late mechatronics maestro Carlo Rambaldi. Co-curated with Rome's Cinecittà studios, the series spans Rambaldi's career from Italian arthouse and exploitation films to Hollywood blockbusters like *Alien* (1979), *E.T. the Extra-Terrestrial*, *King Kong* (1976), and *Dune* (1984). The screenings include films directed by Federico Fellini, Pier Paolo Pasolini, Dario Argento, and David Lynch, among others. Rambaldi, who would have turned 100 this autumn, was also honored earlier this year with an exhibition at Long Island City Culture Lab and a star on the Hollywood Walk of Fame.

hong kong fire arts groups asian art news

A devastating fire in Hong Kong's Tai Po neighborhood, which killed at least 151 people, has prompted a period of mourning and led several major cultural institutions to cancel or postpone public events. The Hong Kong Arts Festival and the Hong Kong Jockey Club Charities Trust cancelled a press conference for the "No Limits" program, while M+ rescheduled its "Night: Festive Play" event. Meanwhile, art fairs and galleries continue to announce developments: Kiaf Seoul will run concurrently with Frieze Seoul in 2026, Contemporary Istanbul will introduce a new Focus Asia section, and Art Basel Hong Kong 2026 will feature new sectors Echoes and Zero 10. In the market, On Kawara's "NOV. 27, 1984" sold for HK$8.5 million at Bonhams Hong Kong, and standout results were seen at Sotheby's Hong Kong.

komal shah making their mark foundation forum launch

Komal Shah, a prominent art collector, announced the renaming of her Shah Garg Foundation to the Making Their Mark Foundation, coinciding with a three-day forum in Washington, D.C., scheduled for March 2025. The foundation takes its name from the traveling exhibition "Making Their Mark: Works from the Shah Garg Collection," curated by Cecilia Alemani, which highlights women artists from Shah and her husband Gaurav Garg's collection. The forum, held at the Martin Luther King Jr. Memorial Library, will feature panels, keynotes, and performances organized around themes like Visionary Voices and Changemakers, with Alemani as curatorial director and Loring Randolph as director.

miami water taxis basel

Miami is expanding its free water taxi service and shuttle routes for Art Week 2024, which coincides with Art Basel Miami Beach. The city will increase the number of water taxis from four to seven, operating between Maurice Gibb Memorial Park and the Venetian Marina, with service running from December 1 to December 7. Shuttles will connect the convention center to the Design District, mid-beach, and South Beach, where fairs like SCOPE, Untitled Art, SATELLITE, and Aqua Art Miami are held. The Transit mobile app will track all services in real time.

flag art foundation serpentine galleries artist prize

The FLAG Art Foundation, based in New York, has pledged £1 million ($1.3 million) to London's Serpentine Galleries to establish a new biennial artist prize. Named the Serpentine x FLAG Art Foundation Prize, it will award £200,000 ($265,000) to an international artist who has been exhibiting for fewer than ten years, along with an exhibition at both institutions and a catalog. The first winner will be selected in 2026, with exhibitions at Serpentine in 2027 and FLAG in 2028. The prize is funded by collector Glenn Fuhrman's foundation and is the largest contemporary art prize in the UK.

roni horn mca denver

The Museum of Contemporary Art Denver has organized the first exhibition dedicated to conceptual artist Roni Horn's long-standing engagement with water. Titled "Roni Horn: Water, Water on the Wall, You're the Fairest of Them All," the show spans sculpture, photography, drawing, and bookmaking, exploring water's mutability, ecological resonance, and paradoxical purity. Horn, who has received a Ford Foundation grant, Guggenheim Fellowship, and three NEA fellowships, has shown at major institutions including the Menil Collection, Louisiana Museum of Modern Art, Whitney Museum, and Tate Modern, and is represented by Hauser and Wirth.

keith haring foundation simon castets

The Keith Haring Foundation has appointed Simon Castets, a French American curator formerly of Luma Arles and the Swiss Institute, as its next executive director, effective January 12. Castets will oversee the foundation's collection of Haring's work, its archives, and its grant-making program, which disbursed $7.7 million in 2025, including major gifts to the Studio Museum in Harlem and Bard College's Center for Curatorial Studies. Upcoming exhibitions include a Brant Foundation show on Haring's early work and Crystal Bridges Museum's "Keith Haring in 3D."

norman rockwell thanksgiving freedom from want three facts

Norman Rockwell's iconic painting "Freedom From Want" (1943), known as the quintessential Thanksgiving image, is examined through three lesser-known facts. The painting was part of a series responding to FDR's "Four Freedoms" speech, initially rejected by the military's Office of War Information before being embraced for a war bond campaign that raised over $132 million. Rockwell used friends and family as models, including his wife and the family cook, who actually prepared the turkey depicted. The work has recently returned to the spotlight: a four-panel Rockwell suite sold for $7.2 million at Heritage Auctions to the White House Historical Association, while Rockwell's family criticized the Department of Homeland Security for using his art in divisive social media posts.