Global auction sales saw a 13 percent increase in 2025, signaling the first market recovery in several years. However, this growth was largely concentrated in New York through the sale of high-value masterpieces, while other regions like China continued to experience a decline in activity.
Art dealer David Schrader is launching a new secondary-market gallery in New York with partners Marc Glimcher and Emmanuel Di Donna. He argues the current market stabilization and renewed optimism, especially in the secondary sector, provide a favorable backdrop for their streamlined, focused venture that aims to avoid the overhead of historic gallery models.
art market minute mar 30
Art Basel Hong Kong 2026 served as a critical barometer for a shifting global art market, characterized by a move away from impulsive buying toward a more deliberate and cautious collector base. Industry experts observed that the traditional first-day frenzy has been replaced by extended decision-making timelines, as buyers navigate a complex landscape of rising logistical costs and regional economic shifts.
The 45th edition of Arco Madrid opened at the IFEMA Madrid complex with a notably slower start than previous years. While initial VIP attendance appeared thin due to competing events and geopolitical factors, the fair regained its momentum by midday, drawing a crowd of international collectors and 211 galleries from 30 countries. Exhibitors noted a more relaxed atmosphere compared to major fairs like Art Basel, with visitors taking a more contemplative approach to acquisitions.
Adrian Cheng, a key figure in Hong Kong's art world, identifies major trends shaping the city's art scene ahead of Art Basel Hong Kong. He highlights the convergence of major art fairs, auction house sales, and new gallery openings during the 'Art March' period, drawing a global audience with high-profile exhibitions by international artists like Mary Weatherford, Nicole Eisenman, and El Anatsui.
hardwiring change survey 2026
Artnet and the Association for Women in the Arts (AWITA) have launched the second edition of their global research initiative, the Hardwiring Change survey. This project aims to collect comprehensive data from thousands of arts professionals regarding pay gaps, leadership representation, career mobility, and workplace conditions. The 2026 iteration introduces a new focus on how emerging technologies, specifically artificial intelligence, are impacting gender equity and professional advancement within the industry.
Tech giants JD.com and Tencent are launching new museums in Shenzhen, appointing prominent art figures Robin Peckham and Pi Li to lead them. This move is part of a broader initiative to transform the city, a major tech hub, into a significant player in the global art scene.
The Brooklyn Museum is deaccessioning approximately 200 objects from its collection, including American furniture, artworks, and textiles, through a sale hosted by Brunk Auctions on April 9. Highlights include a rare circa 1690 walnut dressing table, estimated at $80,000–$120,000, and a late 17th-century oak cupboard. The museum states the sale is part of an ongoing effort to convert storage spaces into galleries and that proceeds will fund collection care and new acquisitions.
A collection of 206 sold-out estate prints by photographer Vivian Maier is being offered as a single lot in Artnet's Important Photographs auction, with an estimate of $1–1.5 million. The trove, which includes gelatin silver and archival pigment prints from the 1950s to 1980s, represents a rare opportunity to acquire a comprehensive group of her work that is no longer available through primary market galleries.
bronte sisters portrait history
The only undisputed portrait of the Brontë sisters—Charlotte, Emily, and Anne—is currently gaining renewed attention as it tours Asia in a major exhibition from the National Portrait Gallery, London. Painted in 1834 by their brother Branwell Brontë when he was just 17, the work serves as a rare visual record of the literary icons. The painting's profile has been further elevated by a 'Brontë renaissance' in popular culture, including Emerald Fennell’s recent film adaptation of Wuthering Heights and upcoming television projects.
Kim Gordon, the co-founder of Sonic Youth, is currently the subject of two major exhibitions at Amant in Brooklyn. The first, a solo survey titled "Count Your Chickens," showcases two decades of her multidisciplinary practice including painting, ceramics, and film, while the second, "Folded Group," is a group show she co-curated with Bill Nace featuring artists who bridge the gap between music and visual art.
Nifty Gateway, a once-prominent curated NFT marketplace, has announced its closure after failing to achieve its ambitious goal of converting one billion people into NFT owners. The platform, which initially succeeded by focusing on digital art sales, leveraged social media metrics like Instagram popularity to select artists such as Kenny Scharf, Filip Hodas, and FVCKRENDER, favoring a pop-centric, visually digestible aesthetic.
Three previously unknown drawings by Joan Miró have been discovered among the possessions of his friend, the artist and designer Edmond Vernassa. The works include a 1972 promotional drawing for Mallorca and two large-scale designs for interior balcony railings, created for the influential art dealers Aimé and Marguerite Maeght. The drawings are now set for auction in Antibes with estimates reaching up to €400,000 each, following a public showcase during Paris Drawing Week.
Dorothea Tanning's small 1942 Surrealist painting, 'Children's Games,' sold for £3.8 million ($5 million) at Christie's London, nearly quadrupling its low estimate. With fees, the final price reached $6.26 million, setting a new auction record for the artist and achieving a remarkable price of approximately $120,000 per square inch.
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.
Yale University’s Beinecke Rare Book and Manuscript Library is hosting a new exhibition titled "'Beauties of My Style,'" which explores 500 years of printed errors and errata sheets. Curated by Rachel Churner and Geoff Kaplan, the show features approximately 30 artifacts ranging from James Joyce’s error-riddled first edition of Ulysses to the infamous 1631 "Wicked Bible," which accidentally commanded readers to commit adultery. The exhibition highlights how these slips of paper serve as more than just corrections, acting as sites of humor, legal maneuvering, and poetic reinterpretation.
Jack Kerouac's original 120-foot scroll manuscript for 'On the Road' sold for $12.1 million at Christie's, setting a record for a literary manuscript. The scroll, part of the late Indianapolis Colts owner Jim Irsay's collection, was purchased by country singer-songwriter Zach Bryan, who plans to create a Jack Kerouac Center in Lowell, Massachusetts.
Artnet Auctions has launched its "20th Century Art" sale, featuring works by blue-chip masters including Joan Miró, Yves Klein, and Andy Warhol. The auction, curated by specialists Sylvie François Sturtevant and Jason Rulnick, highlights the distinction between "rarity"—objects that are unusual due to limited production or historical loss—and "scarcity"—where high market demand outstrips the available supply of editioned works.
Garth Greenan Gallery has announced it will relocate from Chelsea to SoHo in September, marking the gallery's 15th anniversary. The move involves opening two distinct spaces across from each other at 10 and 25 Greene Street, nearly tripling the gallery's current footprint to over 3,500 square feet of exhibition space. The new locations, situated in landmarked cast-iron buildings, will debut with solo exhibitions by Rosalyn Drexler and Cannupa Hanska Luger.
Nifty Gateway, a major NFT marketplace launched in 2020, permanently shut down in February 2026. Its closure coincided with a severe cryptocurrency market sell-off, adding to a list of defunct NFT exchanges and contributing to the perception of a market collapse.
italy acquires caravaggio barberini
The Italian Ministry of Culture has acquired a rare Caravaggio portrait of Maffeo Barberini, the future Pope Urban VIII, for €30 million ($35 million). The late 16th-century masterpiece, which had been hidden in a private collection for decades, will now reside permanently at Rome’s Palazzo Barberini. The acquisition follows a successful short-term loan and extensive technical analysis that confirmed the work's authenticity.
The longtime New York City residence and studio of legendary photographer Robert Frank and sculptor June Leaf has been listed for sale at $6.5 million. Located at 7 Bleecker Street in NoHo, the 209-year-old Federal-style townhouse served as the couple's creative base for over four decades, maintaining a raw, unfinished aesthetic that mirrored their artistic sensibilities. Despite its significant art-historical pedigree, the real estate listing omits the artists' names, instead marketing the property as a redevelopment opportunity with significant buildable square footage.
auctioneer surprisingly released from jail
Herbert Schauer, the director of the Munich-based auction house Zisska & Schauer, has been released from custody in Naples following a judicial review. Schauer had recently been sentenced to five years in prison for his alleged role in a conspiracy to sell stolen antique books, including a rare first edition by Galileo Galilei, which were embezzled from the Biblioteca dei Girolamini in Italy.
The Metropolitan Museum of Art is reportedly planning a major retrospective of the American artist Cy Twombly, scheduled for 2029. Evidence of the exhibition surfaced through a job posting for a researcher, which describes a comprehensive show featuring paintings, sculptures, and drawings that explore Twombly’s career across two continents and the influence of ancient myths and literature on his work. While the Met and the Cy Twombly Foundation have not yet officially confirmed the exhibition, the listing remains active on several professional platforms.
art market minute mar 9
The Gulf region’s art market is navigating a period of significant instability as escalating geopolitical tensions between the U.S., Israel, and Iran threaten the upcoming Art Dubai fair. Long considered a safe haven for global culture and commerce, the United Arab Emirates now faces questions regarding its perceived insulation from regional conflict just weeks before its major international art event.
The Museum of Fine Arts (MSK) in Ghent has launched "Unforgettable," a landmark exhibition recovering the histories of over 40 women artists who were active in Belgium and the Netherlands between 1600 and 1750. The show highlights the professional success of figures like Princess Louise Hollandine and Maria Schalcken, while also acknowledging the anonymous working-class women who fueled the luxury economy through lacemaking. It challenges the long-held myth that female artists were rare exceptions during the Flemish Golden Age.
taina cruz interview
Taína H. Cruz has emerged as a central figure in the 2024 New York art season, achieving the rare feat of being featured simultaneously in the Whitney Biennial and MoMA PS1’s "Greater New York." A 2023 Yale MFA graduate, Cruz has become the literal face of the Whitney Biennial, with her painting "I Saw the Future and It Smiled Back" displayed on a massive billboard outside the museum. Her work, which often explores Black female identity through a lens of folklore, horror, and celebrity culture, is characterized by a moody and unsettling atmospheric quality.
Recent scientific and archival investigations have led to two significant new attributions to the Renaissance master Michelangelo Buonarroti. The first involves a painting titled 'Spirituali Pietà,' which was previously sold as an anonymous work but has now been linked to the artist through pigment analysis, X-ray fluorescence of monograms, and stylistic parallels to his known masterpieces. Simultaneously, researcher Valentina Salerno has identified a marble bust of Christ the Savior in Rome’s Basilica of St. Agnes Outside the Walls as a potential Michelangelo original, based on a decade of archival research.
Salvador Dalí’s largest ever painting, a monumental 13-panel stage set created for the ballet "Bacchanale," is set to lead Bonhams’s fourth annual Surrealist sale in Paris on March 26. Measuring 65 by 100 feet, the work was originally commissioned for the Ballet Russes de Monte Carlo and features Dalí's signature paranoiac-critical imagery, including a central depiction of Mount Venus. The set, which premiered at the Metropolitan Opera in New York in 1939, is estimated to fetch between $236,000 and $350,000.
The Darwin D. Martin House in Buffalo, a landmark of Frank Lloyd Wright’s Prairie School architecture, has launched a new exhibition titled “Collecting Ourselves.” The show highlights the museum's decades-long, painstaking effort to track down and repatriate the original furniture and decorative objects designed specifically for the site. While the structural restoration of the complex was completed in 2017, the task of reuniting Wright’s holistic interior vision—including his iconic Barrel chairs and intricate art glass—remains an ongoing archival and curatorial challenge.