The Mayor Gallery in London is celebrating its centenary with a three-part exhibition series revisiting its history. The second part, 'Celebrating 100 years – Part 2: European Art,' is on view through February 20, 2026, showcasing post-war European artists from movements like ZERO, Arte Povera, and Concrete art, including works by Armando, Lucio Fontana, François Morellet, and Man Ray.
London's Stephen Friedman Gallery is facing serious financial difficulties, with its 2024 financial reports overdue and its 2023 accounts revealing a loss of £1.7 million. The gallery, which recently expanded with a large new London space and a New York outpost, is reliant on external financing and negotiations with creditors to continue operating, casting significant doubt on its future viability.
The Bernard Jacobson Gallery in London is presenting an exhibition titled "For John Constable," which reunites a portfolio of prints originally published by gallerist Bernard Jacobson in 1976. The 1976 project featured works by 19 contemporary artists, including David Hockney, Patrick Caulfield, and Howard Hodgkin, created in response to the legacy of the English landscape painter John Constable, marking his bicentenary. The exhibition, timed for the 250th anniversary of Constable's birth, runs through February 27, 2026.
Gustav Klimt's portrait of Elisabeth Lederer topped the list of the most expensive artworks sold at auction in 2025, achieving $236.3 million at Sotheby's New York on November 18—far exceeding its $150 million estimate and setting a new record for the artist. The painting came from the collection of the late Leonard Lauder, who died in June at age 92. Other top lots included two more Klimts from Lauder's collection, a newly offered Basquiat, and a record-setting Frida Kahlo work, alongside notable sales by van Gogh, Rothko, Mondrian, Monet, and Picasso, with many of the highest prices achieved during the blockbuster November auctions at Sotheby's and Christie's.
Artnet News rounds up the standout auction moments of 2025, highlighting both triumphs and disappointments. M.F. Husain's *Untitled (Gram Yatra)* (1954) smashed expectations at Christie's, selling for $13.8 million—more than double the artist's previous record and the first South Asian Modern work to exceed $10 million. In contrast, Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) fell short of its $50 million estimate at Christie's, missing the artist's auction record, while Alberto Giacometti's *Grande tête mince* (1955) failed to sell at Sotheby's despite a $70 million asking price, underscoring market volatility.
Artnet News analyzed the 10 most expensive lots sold at auction in 2024, drawing on the Artnet Price Database. The top lot was René Magritte's *L'Empire de Lumières* (1954), which sold for $121.2 million at Christie's New York in November, setting a new auction record for the artist and becoming the only work to break nine figures this year. Other notable sales included Ed Ruscha's *Standard Station, Ten-Cent Western Being Torn in Half* (1964) at $68.3 million, Claude Monet's *Nymphéas* (1914–17) at $65.5 million, and Jean-Michel Basquiat's *Untitled (ELMAR)* (1982) at $46.4 million. Seven of the top 10 lots sold in New York, with Hong Kong, London, and Vienna also represented.
A 1977 Andy Warhol portrait of Muhammad Ali, priced at $18 million, will be the centerpiece of Lévy Gorvy Dayan's booth at Art Basel Miami Beach. The 40-inch acrylic and silkscreen canvas, featuring a royal purple background, was previously purchased for $18.1 million at Christie's in 2021. The work is part of a series of 10 Warhol portraits of sports stars commissioned by collector Richard L. Weisman, and is autographed on the back by Ali.
New York's November 2025 auction season is set to feature at least $1.67 billion in art across Sotheby's, Christie's, and Phillips, a 54% increase in estimates from the same period last year. The season is dominated by major estates, including Leonard Lauder's $400 million trove at Sotheby's with Klimt paintings and Matisse bronzes, Cindy Pritzker's collection featuring a Van Gogh, and anonymous Surrealist works. Christie's offers $736 million in low estimates from collections like Robert and Patricia Weis, Elaine Wynn, and Stefan Edlis. Phillips remains risk-averse, focusing on established names. The market shows a flight to quality, with emerging art reduced and delegated to day sales, while ultra-contemporary segments contract.
The Christophers is a new film starring Ian McKellen as Julian Sklar, a once-celebrated 1970s painter who has become a social pariah and reality TV villain. The plot follows a 'reverse art heist' where Sklar’s estranged children hire a restorer and former forger, played by Michaela Coel, to secretly finish a series of nine incomplete portraits of his former lover. The goal is to inflate the works' market value so they can be 'discovered' as masterpieces upon the aging artist's death.
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.
A new book titled 'Fire Island Art: 100 Years' chronicles the century-long, integral relationship between artists and the LGBTQ+ community on Fire Island. The book, edited by John Dempsey, traces the creative legacy from pre-war artists like Paul Cadmus to modern figures, highlighting how the island's unique environment fostered both sexual and artistic freedom.
2025 Art21 at the Movies
On October 8 and 10, 2025, Art21 hosted its second 'Art21 at the Movies' event in New York. The two-day program featured film premieres, artist talks, and screenings at venues including the Metrograph and the Museum of Modern Art. It highlighted artists from the 'Art in the Twenty-First Century' series and included discussions with filmmakers and curators.
The Solomon R. Guggenheim Museum has appointed Melissa Chiu as its new director, effective September 1. Chiu joins the New York flagship after a 12-year tenure at the Smithsonian’s Hirshhorn Museum and Sculpture Garden, where she was credited with doubling attendance and significantly increasing fundraising. Her appointment is part of a leadership restructuring by Guggenheim Foundation Director and CEO Mariët Westermann, who will shift her focus toward the foundation's international outposts, including the upcoming Abu Dhabi location.
On Curating Carnage
The Berlin-based art journal *OnCurating* published a September 2025 issue titled "Let’s Talk About… Anti-Democratic, Anti-Queer, Misogynist, Antisemitic, Right-Wing Spaces and Their Counter-Movements." The article critiques this publication, arguing it uses the language of feminism, anti-racism, and anti-Semitism as a political tool to unconditionally support Israel and demonize the Palestinian cause, thereby aligning with German state policy and a specific strain of leftist thought known as Antideutsch.
The US Pavilion at the 2026 Venice Biennale, often called the 'art world Olympics,' is mired in controversy and delays under the Trump administration. Curator Jeffrey Uslip insists the process has been smooth and artistically autonomous, but the selection of sculptor Alma Allen and commissioner Jenni Parido—a former pet supply shop owner with a new nonprofit—has raised eyebrows. The usual vetting process by the National Endowment for the Arts was disrupted, new language banning diversity, equity, and inclusion efforts was added to applications, and a government shutdown left only six months to fundraise and plan the exhibition, which coincides with the US's 250th anniversary.
The Peggy Guggenheim Collection in Venice has announced a major exhibition for 2026 titled "Peggy Guggenheim in London: The Making of a Collector." The show focuses on the pivotal period between 1938 and 1939 when Guggenheim operated her first gallery, Guggenheim Jeune, on Cork Street. It will feature approximately 100 works by avant-garde masters such as Vasily Kandinsky, Jean Cocteau, and Yves Tanguy, alongside archival materials documenting her early career as a gallerist and patron.
Researchers at the Art Gallery of Ontario have identified the artist and sitter of an 18th-century portrait of a young Black woman. The painting, purchased in 2020, is now titled 'Portrait of Eleonora Susette' (1775), revealing the subject as a woman born around 1756 in the Dutch colony of Berbice (now Guyana). The artist is Berlin-born Jeremias Schultz, who painted the portrait in Amsterdam after Eleonora Susette was brought there by her enslaver, the artist's cousin.
The Trump administration removed the rainbow Pride flag from the Stonewall National Monument in New York City, citing a federal order that only the U.S. flag or official government logos can fly on National Park Service property. The move has sparked widespread outrage from politicians and LGBTQ+ advocates, who see it as an attempt to erase history and community pride.
A hand-signed offset lithograph poster by Ed Ruscha, created for the 2012 "Reading Ruscha" exhibition at the Kunsthaus Bregenz in Austria, is available for sale. The poster features an iconic 1971 photograph of the artist by Jerry McMillan and is noted for its rarity, with Ruscha having signed fewer than 50 copies for the institution.
Eileen Harris Norton, a foundational figure in the Los Angeles art scene, is being celebrated with a major exhibition of her collection at Hauser & Wirth. The show, "Destiny Is a Rose: The Eileen Harris Norton Collection," features over 80 works, many from her home, highlighting her five-decade commitment to collecting artists who were often her friends and neighbors, particularly women, artists of color, and Southern California-based artists.
The Los Angeles art scene is preparing for a major surge of activity anchored by the return of Frieze Los Angeles to the Santa Monica Airport from February 26 to March 1. The week features a dense schedule of satellite fairs including the inaugural West Coast edition of Indianapolis’s Butter Fine Art Fair, the boutique Post-Fair in a historic Art Deco post office, and the poolside Felix Art Fair at the Hollywood Roosevelt. Major gallery presentations include James Turrell at Pace, Sam Gilliam at David Kordansky, and a high-profile opening for Christina Quarles at Hauser & Wirth.
The Vancouver Art Gallery has unveiled 'Highlights from the Collection,' a major long-term exhibition featuring 200 works selected from its permanent holdings of over 13,000 items. Curated by a team led by Eva Respini, the show marks a strategic shift for the institution by committing to a semi-permanent display that will remain on view until 2030. The exhibition includes iconic pieces ranging from Gathie Falk’s ceramics to Andy Warhol’s Marilyn Monroe prints and Claes Oldenburg’s sculptures.
Los Angeles
The Los Angeles art scene is experiencing a significant transformation as major blue-chip galleries like Gagosian and PaceWildenstein expand their presence in the city. This shift is driven by the influx of entertainment industry wealth and a growing interest from Hollywood figures, despite a historically smaller collector base compared to New York. Key institutional developments include Eli Broad's financial interventions to stabilize MOCA and fund new building schemes at LACMA.
The Cincinnati Art Museum has announced it will host Yayoi Kusama’s immersive installation, "All the Eternal Love I Have for the Pumpkins," from July 17 through October 18, 2026. On loan from the Dallas Museum of Art, the exhibition features one of the artist's signature Infinity Mirror Rooms filled with polka-dotted acrylic pumpkins, accompanied by twelve of her pumpkin paintings created between 1990 and 2004.
Gagosian is set to expand its footprint at 980 Madison Avenue by opening a new ground-floor gallery space on April 25, 2026. The inaugural exhibition features a landmark presentation of Marcel Duchamp’s iconic readymades, including "Fountain" and "Bicycle Wheel." This selection specifically highlights the 1964 editions produced with Arturo Schwarz, returning these works to the exact building where they made their American debut at the Cordier & Ekstrom Gallery over sixty years ago.
Gagosian is set to inaugurate its new ground-floor gallery space at 980 Madison Avenue with a major exhibition of Marcel Duchamp’s work, opening April 25, 2026. The presentation features the artist’s iconic 1964 readymade editions, including "Fountain" and "Bicycle Wheel," returning them to the exact historic location where they made their American debut at Cordier & Ekstrom Gallery sixty years prior. The show coincides with a major Duchamp retrospective at the Museum of Modern Art, New York.
Michael Armitage is the subject of a major solo retrospective at Palazzo Grassi in Venice, marking his largest exhibition in Europe to date. Organized by the Pinault Collection, the show features monumental paintings that blend African identity, local Kenyan chronicles, and mythological narratives. Armitage’s work is noted for its physical scale and its ability to transform the chaos of human affairs into a syncretic epic, utilizing traditional materials like Lubugo bark cloth to ground his contemporary subjects.
The Menil Collection in Houston is showcasing "The Gift of Drawing: Cy Twombly," an exhibition featuring 27 works selected from a massive donation of 121 pieces by the Cy Twombly Foundation. The show spans four decades of the artist's career, from the mid-1950s to 2005, highlighting his experimental approach to collage, painting on handmade paper, and drawing. Many of these works have never been previously exhibited in the United States, filling significant gaps in the museum's already extensive Twombly holdings.
The Palm Springs Art Museum has unveiled "A Queer Arcana," an ambitious exhibition exploring the intersection of LGBTQ+ culture, occultism, and esoteric spirituality. Spanning the 20th and 21st centuries, the show features a diverse array of media—including a major four-banner commission by the collective Hilma’s Ghost—and is organized into thematic sections such as Tarot, Sex Magick, and healing. The project emerged from the museum’s Q+Art initiative, a unique program dedicated to queer art histories within a general art museum context.
Galerie has curated a selection of eight essential solo gallery exhibitions across the United States for April, highlighting diverse practices from New York to Los Angeles. Key features include David Smalling’s debut at Templon, where he employs Old Master techniques to critique gender expectations and social hierarchies, and Zhang Huan’s first New York solo show in over a decade at 125 Newbury, which pairs his legendary 1990s performance documentation with his signature incense ash paintings.