amid market uncertainty asian art posts standout results

A review of the top 20 auction lots sold globally in the first quarter of 2025 reveals that four of the five priciest works were either by Asian artists or sold in Asia, a shift from the dominance of Western works in London and New York during the same period in 2023 and 2024. Notable sales include a record-breaking Yuan dynasty calligraphy by Rao Jie at Sotheby’s Hong Kong for $32.2 million, Tyeb Mehta’s *Trussed Bull* setting an artist record at Saffronart in Mumbai, and M. F. Husain’s *Untitled (Gram Yatra)* becoming the first Indian Modern artwork to exceed $10 million at Christie’s New York. However, the total value of the top five lots fell to $73.7 million, down nearly 14% from 2024 and 46% from 2023, amid a broader downturn in Asian art sales, particularly in China.

christies names alex rotter global president

Christie’s has promoted Alex Rotter to global president, a new role in which he will retain his existing title as global chairman of 20th- and 21st-century art. Rotter will collaborate with regional presidents and global chairmen to develop strategies for auction and private sales. He joined Christie’s in 2017 after 16 years at Sotheby’s and created the “20/21” department, which unified postwar, contemporary, and Impressionist and modern art sales. Rotter has overseen landmark sales including Jeff Koons’s *Rabbit* (1986) for $91 million, Andy Warhol’s *Shot Sage Blue Marilyn* (1964) for $195 million, and Leonardo da Vinci’s *Salvator Mundi* (ca. 1500) for $450 million.

Theme and artists announced for British Art Show 10

The 10th edition of the British Art Show, titled 'A Chorus of Strangers,' has announced its theme and a roster of over 30 participating artists. Curated by Ekow Eshun and organized by Hayward Gallery Touring, the exhibition will explore the relationship between the individual and the 'other' through three thematic lenses: 'Moments of Being,' 'Ways of Living,' and 'States of Nature.' The show is scheduled to launch in Coventry on October 2, 2025, before touring to Swansea, Bristol, Sheffield, and Newcastle Gateshead.

End of investment art? Why the bottom of the market is flourishing

The art market in 2024 saw an aggregate 12% decline in sales to an estimated $57.5bn, driven by a slowdown at the ultra-premium end, according to the Art Basel and UBS Art Market Report and Artprice. However, the lower end of the market is flourishing: auction sales of works under $5,000 grew 7%, dealers with turnover under $250,000 reported a 17% increase, and sales of works under $20,000 reached record levels. Online platforms like Avant Arte, which sold $23m in print and sculpture editions (up 53% year-on-year), are key drivers, attracting younger and first-time collectors with affordable, editioned works.

Art Busan Is Building a More Sustainable Art Market

Art Busan, celebrating its 15th anniversary, will be held from May 21 to 24, 2026, at BEXCO in Busan, South Korea, bringing together over 110 galleries from 18 countries. The fair introduces two new integrated segments: DEFINE, which expands the fair to include collectible design, furniture, and craft, and LIGHTHAUS, which transforms gallery booths into curated spatial experiences to encourage deeper engagement. These initiatives aim to move beyond purely transactional sales and speculative momentum.

Who Do Chicago’s Art Fairs Serve?

Expo Chicago and its satellite fairs serve as a complex barometer for the Midwestern arts ecosystem, highlighting both the successes of local representation and the tensions of institutional growth. While galleries like Andrew Rafacz and Corbett vs. Dempsey demonstrate viable career paths for Chicago-based artists like Melissa Leandro and Gabrielle Garland, the fair's shifting structure reveals a narrowing field for smaller nonprofits.

David Novros’s Portable Murals

David Novros’s latest exhibition at Paula Cooper Gallery showcases his "portable murals," intricate multi-paneled paintings that challenge the traditional concept of art as a mere object on a wall. Utilizing oil and murano on canvas, Novros assembles monochromatic, L-shaped, and horizontal panels with precise intervals that incorporate the gallery wall into the composition. These works are designed to be experienced kinesthetically, responding to shifting natural light and the viewer's physical movement through the space.

ten x art institute of chicago

The Art Institute of Chicago has partnered with the Tuscany-based sculpting studio Ten X to create two marble reimaginations of a rare 8th-century Tang dynasty Bodhisattva. The original limestone sculpture, a centerpiece of the museum’s Asian art collection, has been missing its left arm since it was acquired in 1930, leaving its meditative gesture a mystery. Rather than attempting a traditional restoration, curator Dr. Tao Wang commissioned two distinct versions that explore different historical possibilities for the figure's hand placement based on extensive cross-cultural research.

art nicole saikalis bay london milan beirut patron

Nicole Saikalis Bay, an architect and patron, divides her time between Milan, London, Beirut, and Paris, where she has built a triple-pronged artist support network: the Saikalis Bay Foundation, a Milan exhibition space called Circolo, and the nonprofit WeAre Projects. Her collection began as a private impulse to live with art, focusing on modern Italian masters like Enrico Castellani and Fausto Melotti, and has expanded to contemporary artists such as William Kentridge, Nari Ward, and Tacita Dean. This month, Circolo presents work by ten rising artists of Lebanese heritage, reflecting her commitment to supporting artists from regions in need.

laura de gunzburg gabriel chipperfield art family young collectors

Laura de Gunzburg, a 35-year-old cultural advisor and daughter of arts patron Nathalie de Gunzburg, and Gabriel Chipperfield, a 36-year-old developer and son of architect David Chipperfield, discuss their art collection and collecting philosophy in an interview. The couple, who support institutions like the Dia Art Foundation, Serpentine Galleries, and Turner Contemporary, share insights on their first purchases, rookie mistakes, and the artists they follow, including Alvaro Barrington, Alicja Kwade, and Mary Stephenson.

At the Tuileries, the PAD Paris Fair Celebrates Design with Elegance This Weekend

Aux Tuileries, le salon PAD Paris célèbre le design avec élégance ce week-end

The PAD Paris (Pavillon des Arts et du Design) returns to the Jardin des Tuileries, showcasing 75 French and international galleries specializing in vintage and contemporary collectible design. Highlights of the 2025 edition include the debut of Gallery Gaïa & Romeo with mid-century Italian ceramics, a contemporary reimagining of Claude Monet’s studio by Amélie du Chalard, and a strong focus on international female designers at Maria Wettergren. Parallel to the main fair, the third edition of the Sustainable Design Biennale is presenting plastic-free material innovations and eco-friendly furniture solutions.

SFMOMA reimagines our connection to 250 works of art across four floors.

San Francisco Museum of Modern Art (SFMOMA) has unveiled "Reimagined: The Fisher Collection at 10," a major reinstallation of approximately 250 works from 35 artists across four floors. The project was led by project assistant curator Ted Mann and chief education and public engagement officer Gamynne Guillotte, who collaborated to transform how the collection is presented. Changes include rotating galleries, such as the Agnes Martin room, to improve sightlines, and incorporating artists' voices, archival video, and interpretive tools to make abstract works more accessible. The reinstallation marks the tenth anniversary of the Fisher Collection's long-term loan to SFMOMA, originally arranged in 2009 and later extended to 100 years.

Beyoncé, Nicole Kidman and Venus Williams will co-chair 2026 Met Gala

The Metropolitan Museum of Art's Costume Institute has announced the co-chairs for the 2026 Met Gala, scheduled for May 4, 2026. Pop superstar Beyoncé, actor Nicole Kidman, tennis legend Venus Williams, and Vogue editor-in-chief Anna Wintour will serve as co-chairs of the annual benefit. The host committee includes fashion designer Anthony Vaccarello, actor Zoë Kravitz, and a roster of celebrities and artists such as Sabrina Carpenter, Doja Cat, and artist Anna Weyant. The gala will support the Costume Institute's exhibition "Costume Art" (May 10, 2026–January 10, 2027), which will inaugurate the new Condé M. Nast Galleries. The exhibition pairs 200 artworks from the Met's collection with 200 garments, exploring the relationship between the dressed body and Western art. Lauren Sánchez Bezos and Jeff Bezos are sponsoring the event.

Rene Matić wins 2026 Deutsche Börse Photography Foundation Prize

Rene Matić has won the 2026 Deutsche Börse Photography Foundation Prize, becoming the first British winner in over a decade. The announcement was made at The Photographers’ Gallery in London on May 14, 2025, where Matić received £30,000 for their exhibition *AS OPPOSED TO THE TRUTH*, which uses photography, installation, and sound to explore identity and belonging. Matić was nominated for the show at the Center for Contemporary Arts Berlin (CCA Berlin) and is also a recent Turner Prize nominee. The prize exhibition runs at The Photographers’ Gallery until June 7, alongside works by fellow shortlisted artists Jane Evelyn Atwood, Weronika Gęsicka, and Amak Mahmoodian.

Radiohead Spectacle in Brooklyn Teems with World-Building Paintings, Sculpture, and Film

Radiohead has launched a multimedia installation, exhibition, and screening experience titled "Motion Picture House KID A MNESIA" at the Brooklyn Navy Yard, running through June 28. The immersive event features artwork related to the band's albums Kid A and Amnesiac, including screenprints, a video array with vintage TVs, and a 25-foot-tall sculpture of the band's recurring "Stickman" figure. The centerpiece is a hour-plus film set in a black-and-white woods, accompanied by the band's music, with no dialogue or wall text, allowing visitors to freely explore the darkened space. Tickets are $72, and the experience will travel to Chicago, Mexico City, and San Francisco.

‘We put our heads above the parapet’: Lubaina Himid on winning her 40-year battle to storm the Venice Biennale

Lubaina Himid, the 71-year-old British artist, is representing Britain at the Venice Biennale with a solo exhibition in the British Pavilion. Known for her decades-long career addressing Black identity and colonial history through paintings, textiles, and cut-out figures, Himid installed her work early and even got married in the lead-up to the biennale. She follows fellow Black British artists John Akomfrah and Sonia Boyce in recent years, completing a trio of artists from the same generation to take over the pavilion.

rosenfeld gallery miami

Rosenfeld Gallery, founded by Michelle Rosenfeld in New York in 1970, has undergone a significant transformation under the leadership of her son Jason Rosenfeld. In 2020, the gallery relocated from New York to Miami’s Design District, and in 2023 it shifted from a public gallery space to a private operation. The gallery now operates as a leading secondary-market contemporary art purveyor, dealing in works on paper, paintings, sculpture, and editions, with a focus on long-term relationships and bespoke client service.

hamptons jewelry show 2025

The Hamptons Jewelry Show (HJS) returns July 24–27, 2025, in Southampton, New York, for its eighth edition. The event brings together 80 brands, dealers, and artisans from around the world, offering high-end jewelry including signed pieces from Cartier, Bulgari, Van Cleef & Arpels, and David Webb. Curator Hilary Joy Diaz and founder Rick Friedman emphasize the show's direct-to-customer model, where collectors meet makers and dealers face-to-face, contrasting with traditional retail and art fair models.

newsmakers valentina akerman gallery sardine hamptons

Valentina Akerman, an art director and architect, opened Sardine gallery in a weathered Amagansett rental last summer with her husband, artist Joe Bradley. What began as an improvised experiment has grown into a Hamptons success story, now in its second season with a Summer 2025 program featuring film series, residencies, dinners, and four exhibitions pairing painters with sculptors. The gallery also hosted a pop-up in Paris during Art Basel Paris and is organizing a group show at Le Consortium Museum’s summer space in Burgundy.

israel 2026 venice biennale budget issues

Israel’s participation in the 2026 Venice Biennale is at risk due to government delays in renovating its pavilion. According to a Haaretz report, the Israeli culture ministry and foreign ministry, which co-manage the pavilion, have struggled to agree on a budget and schedule for the renovation, with the foreign ministry citing budgetary issues and the culture ministry awaiting a timeline. This follows the 2024 Biennale, where artist Ruth Patir shuttered the pavilion on opening day in protest of the Gaza war, and Israel’s absence from the 2025 Architecture Biennale.

Why This Swedish Gallery Set Up Shop in a 19th-Century Chapel

Loyal, a gallery founded by Martin Lilja and Amy Giunta, has relocated from Stockholm to a 19th-century chapel in the university town of Lund, Sweden. The move represents a deliberate shift away from the fast-paced commercial art world towards a slower, more contemplative model of exhibition-making.

5 Artists on Our Radar This April

Artsy has highlighted five emerging and established artists to watch this April, selected based on recent gallery representation, exhibition success, and market data. The list features Peruvian painter Sylvia Fernández, known for her meticulous and majestic depictions of the natural world, alongside four other artists who have made significant impacts through recent art fairs and new bodies of work.

A Poetic and Material Institutional Critique: Gala Porras-Kim at kurimanzutto and the Venice Biennale

UNA CRÍTICA INSTITUCIONAL POÉTICA Y MATERIAL: GALA PORRAS-KIM EN KURIMANZUTTO Y LA BIENAL DE VENECIA

Colombian artist Gala Porras-Kim presents her first solo exhibition at kurimanzutto gallery in Mexico City, titled "Espacios del futuro replican los del pasado" (2026), alongside her participation in the 2026 Venice Biennale. The show critically examines how museum conservation protocols transform objects by detaching them from their original material, ritual, and spiritual contexts. Central to the exhibition is "The Motion of an Alluvial Record" (2024), a greenhouse that recreates the humidity and temperature of Yucatecan mangroves, allowing clay and sediment to shift continuously, resisting the linear, stratified time of Western archives and evoking cyclical Maya cosmologies. Another series, "Uprooted" (2026), reproduces fragments of looted Teotihuacan murals from Techinantitla, now held by the Metropolitan Museum of Art and the Ethnological Museum of Berlin, reinstalling them near the floor to restore their original architectural scale and orientation.

art exhibition carlos vega anima mundi jack shainman

Carlos Vega's exhibition "Anima Mundi" is on view at Jack Shainman Gallery in New York through April 18. The show features Vega's large-scale paintings on lead substrate, which depict a psychedelic, Edenic universe filled with nymphs, extraterrestrial flora, galaxies, and portals. Vega, who is also the husband of gallerist Jack Shainman, draws on ancient Greek philosophy and his own biography—including his upbringing in Melilla, Morocco, and his grandfather's assassination during the Spanish Civil War—to explore themes of consciousness, death, and the interconnectedness of all things. The works incorporate Renaissance antique frames, nodding to his classical training at the Royal Academy of Fine Arts in Spain.

art jesus hilarios reyes young artist

Cultured profiles Jesús Hilario-Reyes, a 29-year-old New York-based artist who describes themself as “anti-disciplinary,” working across performance, sound, video, and sculpture. Inspired by queer rave culture, migration, Western carnivals, and Puerto Rico’s hurricane-worn mangrove forests, they have performed at Documenta, the Kitchen, Gladstone Gallery, and the Museum of Contemporary Art, Chicago. In the interview, Hilario-Reyes discusses key influences from graduate school teachers, the importance of spontaneity and presence in their practice, and their underrated studio tool—an electrical die grinder.

Nasher Museum’s ‘Everything Now All At Once’ Celebrates Diversity, Resilience, and Joy

The Nasher Museum of Art at Duke University is presenting 'Everything Now All At Once,' an exhibition drawn entirely from its permanent collection that features works by over a dozen contemporary artists including Nick Cave, Ai Weiwei, Nina Chanel Abney, Wangechi Mutu, Jeffrey Gibson, Amy Sherald, and Barbara Chase-Riboud. The show focuses on painting and sculpture—deliberately analog mediums in an era of rapid technological change—and highlights pieces acquired over the past twenty years that center artists from historically marginalized backgrounds. Running since August 2025, the exhibition will rotate new works next month and continue through November 1 in Durham, North Carolina.

Merlin Carpenter “Warning Signs” at Karma International, Zurich

Merlin Carpenter presents "Warning Signs" at Karma International in Zurich, featuring his latest paintings that evolve from his earlier "anti-painting" style. The artist reflects on how his early 2000s work, characterized by a semi-finished, indifferent aesthetic, had become decorative by the time of his 2013 POLICE show, prompting him to update his approach.

Art Dubai 2026 first look: What to expect at the 20th fair

Art Dubai returns to Madinat Jumeirah for its 20th edition, running from Friday to Sunday with a free preview day on Thursday. The fair features a more concentrated layout than previous years, with gallery booths, institutional exhibitions, public art, poetry readings, DJ sets, performances, and multimedia installations gathered in the main conference area. Notable participants include co-founder John Martin, who returns as a gallerist nearly 20 years after helping launch the event, and Emirati artist Rami Farook, whose sand-built booth presents works reflecting on Dubai and the Gulf. Gallery One from Ramallah draws attention with Palestinian artist Amjad Ghannam's reinterpretations of Pablo Picasso, inspired by his experience as a former political prisoner.

15 Must-See Events Enriching the Venice Biennale 2026 Experience.

The article presents a curated guide to 15 must-see events accompanying the 61st Venice Biennale, titled "In Minor Keys" and curated by the late Koyo Kouoh, running from May to November 2026. It highlights key exhibitions beyond the main pavilions, including "Screen Melancholy: Li Yi-Fan" at Palazzo delle Prigioni, "Darkness Visible: The Long Shadow of Dictatorship" at Spazio Punch, "Elegy" by Gabrielle Goliath at Chiesa di Sant'Antonin, and "As Above, So Below" at Ex Church Santi Cosma e Damiano, among others. These events span museums, foundations, and historic palazzi, featuring performances, talks, and curatorial interventions that extend the Biennale's reach across Venice.

How This Artist Pivoted Into Surreal Sculpture After Decades of Photography [Interview]

Artist Nic Nicosia, known for decades as a photographer and member of the Pictures Generation, has pivoted into surreal sculpture after losing interest in fabricated images. His work was featured in the 1983 Whitney Biennial alongside Cindy Sherman and others, and in major exhibitions like Documenta IX. Now, after years of exploring sculpture in private, he is preparing for his largest museum exhibition since 2000: "Everyday Surrealism" at the Nasher Sculpture Center in Dallas, opening May 16, tracing his career through over 70 works.