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art basel 2025 blue chip galleries sales trend

ARTnews analyzed publicly reported sales from five blue-chip galleries—Hauser & Wirth, Pace, Thaddaeus Ropac, White Cube, and David Zwirner—at Art Basel 2025, finding a combined total over 35% lower than in 2024, around 8% below 2023, and just over 20% down from 2022. The high-water mark was $204 million in 2024, boosted by eight-figure works from Hauser & Wirth. Meanwhile, the number of artists sold by these galleries rose steadily from 109 in 2022 to 157 in 2025, indicating a shift toward broader, less concentrated inventory. Dealers reported mixed sentiments, though seven-figure deals still occurred, and some noted that market uncertainty has led to more scattershot presentations with wider price ranges.

life size labubu record asia art news

The article reports on a record-breaking auction sale of a 4-foot-4-inch Labubu doll, which sold for RMB 1.08 million ($150,300) at Yongle International Auction in Beijing, with premium reaching RMB 1.24 million ($174,000). The character was created by Hong Kong artist Kasing Lung, who also collaborated with Art Basel on a limited edition. Other key developments include the closure of the Art Basel Hong Kong satellite fair Supper Club after two editions, Frieze announcing a new year-round space called Frieze House Seoul in Yaksu, and Blum gallery taking on global representation of Japanese ceramic artist Kimiyo Mishima's estate. The article also covers upcoming exhibitions by Christine Ay Tjoe at White Cube New York, Seulgi Lee at Ikon Gallery Birmingham, Kenny Scharf at the Modern Art Museum Shanghai, and Trevor Yeung's adaptation of his Venice Biennale show at M+ Hong Kong.

fra angelico fresco restored

A long-forgotten fresco by the early Renaissance master Fra Angelico, believed to be his earliest known work, has been restored in the chapter house of San Domenico in Fiesole, Tuscany. The painting, a Crucifixion dating to around 1420, was hidden under whitewash for centuries and rediscovered by Bottega Belacqua, a group of Renaissance art enthusiasts. Funding from Friends of Florence enabled conservators Alessandra Popple and Cristiana Conti to revive the work, just in time for a landmark exhibition in Florence.

for asias art market 2025 has been about rapid fire change

Art Basel has concluded and the London sales have wrapped, marking a busy first half of 2025 for Asian art markets despite economic uncertainties and geopolitical challenges. New players and trends have emerged: international auction houses aligned their Hong Kong sales with Art Basel Hong Kong for the first time, South Asian art has had a banner year at auction and in institutions, and West Asia is rising with Sotheby's inaugural sale in Saudi Arabia and Art Basel's planned Qatar fair. Asian galleries are expanding into Western capitals, while Western galleries are picking up Asian talent, such as Korean artist Anna Park joining Lehmann Maupin and Rim Park partnering with Kraupa-Tuskany Zeidler. Japanese artist Yu Nishimura had his first U.S. solo show at David Zwirner, and the Labubu plush toy by Kasing Lung became a pop culture sensation.

tates turbine hall could be named for a donor

Tate chair of trustees Roland Rudd has suggested that naming rights to the Turbine Hall at Tate Modern could be sold for a minimum of £50 million ($68 million) to support the newly launched Tate Future Fund, which aims to raise £150 million by 2030. Rudd also indicated that naming opportunities might extend to curatorships and director positions, though a Tate spokesperson called the quoted figure "hypothetical" and declined to confirm active sponsorship negotiations.

art market minute jun 30

London's summer sales season opened with subdued results, totaling just $134.2 million across Christie's, Sotheby's, and Phillips—a 78% drop from the equivalent sales in 2015. A standout lot was Jenny Saville's painting *Mirror* (2011–12), which sold for £2.1 million at Sotheby's on June 24. Meanwhile, a group of art-world power players have launched a new advisory firm called New Perspectives Art Partners, and France has announced a $316 million international architectural competition to expand the Louvre and address chronic overcrowding.

curator xiaowen zhu interview

Xiaowen Zhu, director of Esea Contemporary in Manchester, discusses her journey and the evolving representation of Asian artists in the global art world. Born in Shanghai, Zhu reflects on her formative encounter with Ai Weiwei's *Fairytale* at Documenta 12 in 2007, which shaped her understanding of diaspora and belonging. She now leads the UK's only non-profit art center dedicated to East and Southeast Asian (ESEA) artists, and serves on the British Council’s Arts and Creative Economy Advisory Group.

marisa adesman magic anat ebgi

Marisa Adesman, a rising artist based in Chicago, is presenting her solo exhibition “Under the Rose” at Anat Ebgi in New York, featuring six new paintings that blend trompe l’oeil and surrealism to create nocturnal interior scenes of magic, eroticism, and domestic disobedience. The show follows her Los Angeles debut “Forklore” in 2021 and her first museum exhibition at KMAC Contemporary Art Museum in 2023, where her painting sold for $90,000 at Art Basel Miami.

turner rediscovered masterpiece auction

A rediscovered oil painting by J.M.W. Turner, titled *The Rising Squall, Hot Wells, from St Vincent’s Rock, Bristol*, sold for £1.9 million ($2.6 million) at Sotheby’s Old Masters and 19th Century Paintings evening auction in London—more than six times its high estimate. The work, painted in 1792 when Turner was 17, had been misattributed and sold for just $506 at a Dreweatts auction the previous year. After cleaning revealed Turner’s signature, scholars confirmed its authenticity, and it was identified as Turner’s first publicly exhibited oil painting, exhibited at the Royal Academy in 1793. The winning bidder was a private collector in the U.K., outbidding Bristol Museum and Art Gallery, which had raised over £100,000 from donors in a failed attempt to acquire the work.

bathroom stall performance space new york

Performance Space New York is auctioning naming rights to the stalls in its fourth-floor unisex restroom as a fundraising campaign. Artist Bailey Hikawa will create custom resin toilet seats and commemorative plaques for each stall, collaborating with donors to reflect their personal aesthetics. One stall remains available and will be auctioned online this summer. The campaign coincides with a sound installation by Kevin Beasley that transforms the restroom into an immersive acoustic environment. Senior director Pati Hertling produced a promotional video using AI tools, featuring a synthetic newscaster announcing the fundraiser.

president trumps budget bill includes 40 m for statues at new national garden of heroes

President Trump's proposed spending legislation, known as the "Big Beautiful Bill," includes $40 million for the procurement of statues for the National Garden of American Heroes. The funds, appropriated to the National Endowment for the Humanities for fiscal year 2025 and available through 2028, will support life-size statues of 250 historical figures, with selected artists receiving up to $200,000 per statue. The garden, first announced in a 2020 executive order, is a priority for the 250th anniversary of the Declaration of Independence and requires realistic depictions in materials like marble or bronze.

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.

brice arsene yonkeu amoako boafos dot ateliers gagosian

Independent curator Brice Arsène Yonkeu has organized "Ever So Present II: Between Home and Elsewhere," the second installment of a two-part exhibition at Gagosian's Park & 75 space in New York. The show features four emerging artists of African descent—including Emma Prempeh and Josèfa Ntjam—whose works in painting, photomontage, and assemblage explore themes of diaspora, memory, migration, and belonging. Yonkeu is the first curator invited to participate in dot.ateliers' new residency program, a foundation and exhibition space launched by Ghanaian painter Amoako Boafo in Accra in 2023. The exhibition expands on questions raised in the first iteration held in Accra, asking what remains "ever so present" in diasporic art across borders and cultures.

louvre launches design contest for 400 million expansion including a new room for mona lisa

The Louvre Museum in Paris has announced an architectural competition for a €400 million ($417 million) expansion, which includes a dedicated underground gallery for Leonardo da Vinci's *Mona Lisa* and a new entrance on the eastern facade near the Seine River. The project, dubbed a "New Renaissance" for the Louvre, follows a staff strike over overcrowding and an internal memo from director Laurence des Cars citing crumbling infrastructure. A 21-person international jury will select the winning design in October, with the aim of easing congestion at I.M. Pei's iconic glass pyramid entrance and providing a separate timed-entry space for the *Mona Lisa*.

parthenon marbles update

Greece is building a cultural coalition with Italy to strengthen its campaign for the return of the Parthenon Marbles from the British Museum. Italy's culture minister Alessandro Giuli pledged support during a visit to Athens and announced the repatriation of 145 ancient coins. Greek culture minister Lina Mendoni is leading efforts to build international backing, and the two countries have devised joint cultural initiatives, including an exhibition of modern Greco-Italian metaphysical painters. Meanwhile, the U.K.'s Labour government has taken a neutral stance on the issue, departing from the previous Conservative government's opposition, and negotiations between Greece and the U.K. are described as "ongoing and constructive."

the art angle canyon art basel adrien brody

The Art Angle podcast team reviews three major art stories from June. First, Canyon, a new museum-like venue dedicated to immersive video art, has been announced for New York's Lower East Side. Second, the team discusses the outcomes of Art Basel in Switzerland, the art world's most important fair, and ongoing volatility in art pricing. Third, they examine the buzz—and mockery—surrounding Oscar-winning actor Adrien Brody's painting exhibition in New York City. Culture editor Min Chen joins host Ben Davis and senior editor Kate Brown to analyze these developments.

marcia resnick photographer punk scene dead

Marcia Resnick, a photographer renowned for capturing Manhattan's downtown art and punk scene in the late 1970s and early 1980s, has died at age 74 from lung cancer. Her sister Janice Hahn confirmed the cause of death. Resnick began with conceptual photography before shifting to portraiture, documenting figures such as Mick Jagger, Klaus Nomi, Joseph Beuys, Jean-Michel Basquiat, Ed Koch, and John Belushi. She was briefly married to MC5 guitarist Wayne Kramer and taught at New York University and Cooper Union. Her work was featured in the SoHo Weekly News, and a retrospective of her photography opened at the Bowdoin College Museum of Art in 2022.

sothebys london contemporary evening summer sale report

Sotheby's London contemporary evening sale on Tuesday brought in nearly £62.5 million ($84 million), within its pre-sale estimate of £55 million to £74 million. The 48-lot sale achieved an 83% sell-through rate, with five works selling for over £5 million each, led by Tamara de Lempicka's 'La Belle Rafaëla' (1927) at £7.4 million and Pablo Picasso's 'Nu assis dans un fauteuil' (1964–65). The auction saw strong bidding for a Basquiat work on paper, 'Untitled (Indian Head)', which sold for £5.4 million, and a standout result for Yu Nishimura's 'through the snow' (2023), which tripled its high estimate at £230,000.

john singer sargent and dollar princesses

A new exhibition titled “Heiress: Sargent’s American Portraits” at London’s Kenwood House explores the phenomenon of the “dollar princesses”—American heiresses who married into the British aristocracy between 1870 and 1914. The show features eight paintings and ten charcoal studies by John Singer Sargent, including portraits of notable figures like Nancy Astor and Consuelo Vanderbilt, and runs through October 5. Curated by Wendy Monkhouse of English Heritage, the exhibition examines the complex social dynamics behind these transatlantic unions, which were often criticized as mercenary transactions.

queen elizabeth ii memorial design london st jamess park

The UK government has finalized design plans for a national memorial to Queen Elizabeth II in London’s St James’s Park. A team led by architect Norman Foster of Foster + Partners, including British-Nigerian artist Yinka Shonibare CBE RA, will create a natural stone path connecting royal gardens, a translucent cast-glass balustrade on the Blue Bridge inspired by the Queen’s wedding tiara, and figurative sculptures of the Queen and Prince Philip. Landscape designer Michael Desvigne is also part of the team, working with the Queen Elizabeth Memorial Committee. The final design will be announced in April 2026, coinciding with what would have been the Queen’s 100th birthday, with a budget of £23 to £46 million from public funds.

sothebys offer 50m lichtensten

Sotheby's has announced the consignment of Roy Lichtenstein's painting *The Ring (Engagement)* (1962) for its May 12 spring contemporary evening sale in New York, with an estimated price of around $50 million. The work, one of the largest from Lichtenstein's iconic 1961–1964 comic-book-inspired series, has had only two owners in its 53-year history, most recently from the collection of Chicago philanthropist Stefan Edlis, who acquired it at Sotheby's in 1997 for $2.2 million.

romania wins long term hold on disputed el greco

Romania has secured a "long-term hold" on El Greco's painting *Saint Sebastian* (1610–1614), which was pulled from a Christie's New York Old Masters sale in February. The work is claimed by Romania as unlawfully taken from its national collection in 1947. The painting will remain at Christie's until legal proceedings resolve the dispute. Meanwhile, Italian sculptor Arnaldo Pomodoro died in Milan at age 98, and abstract painter Thornton Willis died in New York at 89. Other news includes a letter from National Gallery director Gabriele Finali defending the Rubens attribution of *Samson and Delilah*, Japan's curatorial appointments for the 2026 Venice Biennale, and a Bristol City Council fundraiser to acquire an early JMW Turner painting.

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.

big questions art basel

Art Basel, the flagship art fair, returns to Basel, Switzerland from June 17 to 22 amid a period of market contraction and geopolitical instability. The article explores key questions surrounding the fair, including whether the proliferation of new Art Basel editions in Paris and Doha is diluting interest in the original Swiss event. Gallerists and collectors weigh in, noting that while Paris is rising in importance, Basel retains unmatched prestige and draws a genuinely engaged international audience. The piece also highlights the fair's new "Premiere" section, which spotlights mid-career and established artists, featuring London gallery Edel Assanti's debut presentation of American artist Lonnie Holley.

new york mayoral candidates arts 2025

On June 24, New Yorkers will vote in the Democratic primary for mayor, with candidates including embattled incumbent Eric Adams, former governor Andrew Cuomo, and Democratic Socialist Zohran Mamdani, who is gaining support from artists and art dealers. The article outlines the arts-related positions of several candidates: City Council Speaker Adrienne Adams restored $53 million in cultural funding after proposed cuts; Eric Adams has an uneven record, having proposed cuts but later launching the 'NYC Create in Place' pilot program; and Andrew Cuomo's arts stance is mentioned but not detailed.

canyon museum durational immersive art new york

New York City will gain a major new cultural venue in 2026 called Canyon, a 18,000-square-foot hub on the Lower East Side dedicated to durational, time-based art forms such as video, sound, and performance. Founded by philanthropist and collector Robert Rosenkranz, the space is designed by New Affiliates Architecture and will feature state-of-the-art galleries, a 300-seat performance hall, and a skylit piazza with food and beverage options. Joe Thompson, founding director of MASS MoCA, will serve as the venue's director. Canyon has already appointed conservator Cass Fino-Radin as director of art and technology and curator Sam Ozer as curator-at-large, with partners including Rhizome, Electronic Arts Intermix, and the Archive of Contemporary Music. Its inaugural exhibitions will include a major retrospective of Japanese new media artist Ryoji Ikeda and a show titled "Worldbuilding" curated by Hans Ulrich Obrist.

christo and jeanne claude arc de triomphe wrapped

Christo and Jeanne-Claude's posthumous project to wrap the Arc de Triomphe in Paris has been completed and inaugurated by French President Emmanuel Macron. The monument is covered in 25,000 square meters of silvery blue polypropylene fabric and 3,000 meters of red rope, with the installation open to the public from September 18 to October 3, 2021. The €14 million project was entirely funded by the sale of Christo's artworks and overseen by the couple's nephew, Vladimir Yavachev, along with the Center of Monuments Nationaux.

donald judd foundation marfa national historic sites

The Texas Historical Commission announced that buildings repurposed by minimalist artist Donald Judd in Marfa, Texas, have been added to the U.S. National Register of Historic Places. Approved by the National Park Service in May 2025, the designation expands the existing Fort D.A. Russell Historic District to include 15 buildings and a large-scale installation, all altered or created by Judd between 1973 and his death in 1994. The properties are managed by the Chinati Foundation and the Judd Foundation, which operate as separate entities. This is the second Judd-linked historic district in Marfa, following the Central Marfa Historic District’s designation in 2022.

marlene dumas pushes the limits of portraiture at tate modern

Marlene Dumas's largest retrospective to date, "The Image as Burden," has opened at Tate Modern, showcasing her uncompromising approach to portraiture. The exhibition features over 200 works, including early ink drawings like "Rejects" (1994-ongoing), political pieces such as "Osama" (2010), and the "Magdalenas" series from the 1995 Venice Biennale. Dumas, a South African painter based in Amsterdam, explores themes of identity, politics, and the female body through her fluid, often dark palette and responses to mass media images.

french museums hike ticket prices non european visitors

Several major French cultural institutions, including the Louvre, the Château de Versailles, and potentially the Arc de Triomphe, have implemented a "differential tariff" that raises ticket prices for non-European Union visitors. Starting January 1, 2026, non-E.U. tourists will pay €30 ($35) to enter the Louvre, up from €22 ($25). The policy, first reported by Le Monde, is expected to generate up to €20 million annually for the Louvre alone, helping to fund urgent renovations estimated at €400 million over 15 years. The move follows a leaked letter from Louvre director Laurence des Cars to culture minister Rachida Dati warning of severe building deterioration, including temperature fluctuations endangering artworks and water damage. French president Emmanuel Macron has announced a sweeping restoration, but state funding will cover only a fraction of the cost.