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how to close your gallery

Claudia Altman-Siegel closed her San Francisco gallery, Altman Siegel, in November 2025 with a farewell party, handing out beers to friends, artists, and visitors. She aimed to provide closure and avoid the sudden, chaotic closures that have become common in the mid-tier art market, which often leave artists unpaid, works unreturned, and staff in limbo. Other dealers, including Tif Sigfrids and Rena Bransten, shared strategies for ethical closures, such as continuing to support artists through networks, paying them on time, and returning all works. Bransten's gallery, after 50 years, is shifting to a nomadic model rather than fully closing.

ai art market revolution

A survey by PwC found that 88% of U.S. companies plan to increase AI budgets, and the art world is following suit. The article explores how AI is infiltrating the art market beyond controversial authentication and IP issues, covering topics like autonomous agents, data privacy, logistics partnerships (Carpenters Workshop Gallery with Convelio), and new AI-powered search tools being developed by Artnet using Google's Gemini. It also notes that collector Jorge Pérez used AI assistance to acquire 24 works at Art Basel in Basel.

re air the rise of the red chip art world

Artnet News re-airs an episode on "red chip art," a phenomenon characterized by Cybertrucks, crypto wallets, and artists like KAWS, MSCHF, and Daniel Arsham. The episode is prompted by actor Adrien Brody's solo exhibition "Made in America" at Eden Gallery in New York, featuring mixed-media paintings of Marilyn Monroe, Basquiat-inspired motifs, and interactive elements like audience chewing gum on the wall. Brody's show exemplifies the red chip art world's blend of celebrity, commerce, and spectacle.

Thousands of Strips of Silk Undulate in Kenny Nguyen’s ‘Deconstructed Paintings’

Kenny Nguyen, a Vietnamese-born artist based in Charlotte, North Carolina, creates large-scale wall works using thousands of hand-cut strips of silk. Drawing on his background in fashion design, he employs techniques like pinning, weaving, sewing, and layering to produce what he calls “deconstructed paintings.” Each piece is built around an imaginary body, with creases and undulating forms that evoke movement. Though the works appear fixed, they are malleable—their shape changes depending on pin placement during installation. Nguyen’s work is currently on view in the group exhibition *Textile Art Redefined* at Saatchi Gallery in London.

Iris Van Herpen’s Groundbreaking Work Presented in New Exhibit at Brooklyn Museum

The Brooklyn Museum opens "Iris Van Herpen: Sculpting the Senses," a mid-career retrospective of the Dutch fashion designer known for pioneering 3D-printed garments. The exhibition, which originated at the Musée des Arts Décoratifs in Paris in 2023, features over a decade of van Herpen's work, including her first 3D-printed garment from 2010, pieces worn by celebrities like Lady Gaga, Björk, and Beyoncé, and new works such as an algae dress grown from 125 million living organisms. Organized by senior curator Matthew Yokobosky, the show spans eleven themes exploring van Herpen's fusion of traditional craftsmanship with technology, science, and nature.

Your Go-To Guide to All the Art Fairs in Paris This Week

Paris is hosting a busy week of art fairs, headlined by Art Basel Paris returning to the Grand Palais from October 24–26, 2025, under outgoing director Clément Delépine. The fair features 206 galleries across three sections, public programs at nine iconic venues including an inflatable Kermit the Frog by Alex Da Corte and a participatory installation by Harry Nuriev, and a talks series hosted by Edward Enninful. Satellite fairs include Design Miami Paris at L’Hôtel de Maisons, the dealer-run 7 Rue Froissart co-founded by Brigitte Mulholland and Sara Maria Salamone, and others like Paris Internationale and Asia Now.

Big Galleries Are Racing to Sign Emerging Artists. It’s Changing Everything

Major blue-chip galleries like Gagosian, Hauser & Wirth, Pace, and White Cube are increasingly signing emerging artists earlier in their careers, bypassing the traditional trajectory where young artists would first develop with smaller galleries over many years. Examples include George Rouy joining Hauser & Wirth at age 30, Pam Evelyn joining Pace at 27, and Sasha Gordon joining David Zwirner in 2024. This shift comes amid a contracting art market where aggregate dealer sales fell 6% between 2023 and 2024, while smaller galleries with turnover under $250,000 saw sales grow 17%. Ultra-contemporary auction sales dropped 37.9% in the same period, signaling a cooling of speculative buying.

Chloë Sevigny, Hari Nef, and Mickalene Thomas Just Partied at the Brooklyn Artists Ball

The Brooklyn Museum hosted its annual Brooklyn Artists Ball on Tuesday evening, serving as the opening celebration for the "Iris van Herpen: Sculpting the Senses" exhibition. The event drew a crowd of artists, patrons, designers, and downtown figures, including event hosts Fabiola Beracasa Beckman, Sylvana Durrett, Jordan Roth, Lizzie Tisch, and Amanda Waldron; co-chairs Regina Aldisert, Megan Brodsky, Victoria Rogers, and Carla Shen; CULTURED Editor-in-Chief Sarah Harrelson; designers Iris van Herpen and Wes Gordon; musicians Peggy Gou and Swizz Beatz; artists Mickalene Thomas, Keisha Scarville, Paul Arnhold, and Miles Greenberg; writer Derek Blasberg; and gallerist Saam Niami. Highlights included a special performance by dancers from the New York City Ballet in winged costumes, an afterparty with DJs Swizz Beatz and Runna, and a site-specific photo booth by artist Keisha Scarville.

Coveted Rothko From Robert Mnuchin’s Collection Nets $85.8 Million in New York

A major Mark Rothko painting, *Brown and Blacks in Reds* (1957), from the collection of the late financier and dealer Robert Mnuchin, sold for $85.8 million at Sotheby’s New York, becoming the second-highest price ever achieved for the artist at auction. The work, estimated at $70–100 million, was part of an 11-lot sale dedicated to Mnuchin’s collection, which also includes works by Willem de Kooning, Pablo Picasso, and Franz Kline. A phone bidder won the painting, with Helena Newman, chairman of Sotheby’s Europe, handling the bid.

purat chang osathanugrah interview

Purat 'Chang' Osathanugrah, a longtime art collector, has taken over the leadership of Dib Bangkok, Thailand's first international contemporary art museum, following the death of his father Petch Osathanugrah in 2023. The museum, housed in a repurposed 75,000-square-foot warehouse in Bangkok's Khlong Toei district, is set to open on December 21. In an interview with Artnet News, Osathanugrah discusses the transition from private collector to institutional steward, recent acquisitions including works by Peihang Benoit and Frederic Anderson, and the museum's mission to make art accessible to the public while honoring his father's legacy.

Bubbles, Algae, and Plastics Go Haute Couture in ‘Iris van Herpen: Sculpting the Senses’

The Brooklyn Museum is opening a new edition of 'Iris van Herpen: Sculpting the Senses,' building on a 2023 retrospective at the Musée des Arts Décoratifs in Paris. The exhibition features over 140 haute couture designs by Dutch fashion designer Iris van Herpen, known for merging high-tech materials like laser-cut Plexiglas with biological elements such as glowing algae and plastic bubbles. It includes recent collections like 'Sympoiesis' and works by artists including Kenny Nguyen, Wim Delvoye, and Tara Donovan, alongside a soundscape by Salvador Breed. The show runs from May 16 to December 6.

bjork echolalia iceland gallery

Björk, the Icelandic pop icon and multidisciplinary artist, is opening an exhibition of immersive works titled "Echolalia" at the National Gallery of Iceland, coinciding with the 2026 Reykjavik Arts Festival. The show features installations tied to her forthcoming album and her 2022 album Fossora, including "Ancestress" and "Sorrowful Soil," the latter a tribute to her late mother. Simultaneously, the museum will host "Metamorphlings," the first museum retrospective for James Merry, the embroiderer behind many of Björk's masks, presenting over 80 works from the past decade.

Sotheby’s Posts $433 Million Haul, as Trophy Lots Continue to Carry the Market

Sotheby's May 2025 evening auctions in New York generated $433.1 million, a 132.7% increase over the same sales last spring, despite offering fewer lots. The evening featured an 11-lot sale from the collection of the late banker-turned-dealer Robert Mnuchin, which alone brought in $166.3 million, led by Mark Rothko's "Brown and Blacks in Reds" (1957) selling for $85.8 million. The main contemporary art auction, including "The Now" sale, totaled $266.8 million, with over 80% of lots guaranteed. Four works went unsold and one was withdrawn, yielding a 91% sell-through rate.

Here are the best things to do in NYC this week, April 5-12

The annual Artexpo New York returns to the city's cultural calendar this week, serving as a major highlight among a diverse array of local events. The fair joins other significant spring activations including the New Directors/New Films festival at Lincoln Center and MoMA, the Big Umbrella Festival, and the seasonal reopening of major outdoor markets like Smorgasburg.

Iris van Herpen’s New Retrospective Transcends Time, Space, and the Senses

The article covers the opening of "Iris van Herpen: Sculpting the Senses," a midcareer retrospective at the Brooklyn Museum featuring over 140 haute couture creations by Dutch designer Iris van Herpen. The exhibition, curated by Matthew Yokobosky and Imani Williford, places van Herpen's work alongside scientific and natural inspirations, including a 180 million-year-old fossil, and includes a reconstructed version of her atelier with interactive elements. The show originated at the Musée des Arts Décoratifs in Paris in 2023 and has traveled globally.

Kevin Troyano Cuturi On Building A Singapore Art Gallery With Global Reach

Kevin Troyano Cuturi, raised on museum visits across Europe and trained in physics and finance, founded Cuturi Gallery in Singapore after co-founding Mazel Gallery in 2017. The gallery now operates a Paris outpost in the former Didier Ludot boutique and runs a discoveries platform for emerging artists, a residency program hosting over 20 artists, and has nurtured Singaporean talents like Aisha Rosli and Faris Heizer.

Tefaf Maastricht: exhibitions to see beyond the fair

As the art world descends on the Netherlands for the TEFAF Maastricht fair, several major regional museums are launching significant exhibitions to capture the international audience. Key highlights include the Mauritshuis’s bird-themed survey co-curated by Simon Schama, the Rijksmuseum’s exploration of Ovid’s Metamorphoses featuring loans from the Galleria Borghese, and a massive Yayoi Kusama retrospective at Museum Ludwig in Cologne marking the institution's 50th anniversary.

Meet the Lawyer-Turned-Dealer Opening a Jewel-Box Gallery Uptown—and More Juicy Art World Gossip

Artnet News's Wet Paint column reports that former David Zwirner director Felix Rödder is opening his own gallery, Rodder (no umlaut), on September 18 at 22 East 80th Street on the Upper East Side, in the same building as Sprüth Magers. The jewel-box space, formerly Barbara Mathes Gallery, will debut with a solo show of sculptural paintings by Wyatt Kahn. Rödder, a lawyer-turned-dealer, plans to mix contemporary programming with historical exhibitions, keeping overhead low and avoiding art fairs for now. The column also teases a mention of Aby Rosen's involvement in the New York mayoral race.

Inside Pauline Karpidas’s Legendary Surrealist Collection Bound for Auction

The legendary Surrealist collection of the late Pauline Karpidas, a renowned art patron and collector, will be auctioned at Sotheby's London in September 2025. The sale spans approximately 250 lots from her eccentric London home, featuring masterworks by René Magritte, Leonora Carrington, Salvador Dalí, Max Ernst, and Les Lalannes. The collection is expected to fetch over £60 million ($81 million), the highest estimate ever placed on a single collection at Sotheby's Europe. Highlights include Magritte's 'La Statue volante' (1940–41), estimated at £9–12 million, and works acquired directly from the estates of Surrealist figures like André Breton and Paul Éluard.

A New Show Explores the Cutting-Edge Designs of Fashion’s Mad Scientist, Iris van Herpen

Iris van Herpen's mid-career retrospective "Iris van Herpen: Sculpting the Senses" has opened at the Brooklyn Museum, marking the designer's first major museum presentation in the United States. Originally mounted at the Musée des Arts Décoratifs in Paris in 2023, the exhibition features over 140 haute couture looks alongside artworks, design objects, fossils, videos, and natural specimens. The show begins with a water-themed section and includes garments made from materials such as glass bubbles, bioluminescent algae, and 3D-printed polyamide, exploring themes of skeletal structures, primordial fear, and cosmic movements. A centerpiece room, the Atelier, displays swatches, prototypes, and experimental materials, highlighting van Herpen's scientific approach to fashion design.

Online Auctions Continue to Draw in First-Time Art Buyers as Sales Grow

Online-only sales of fine art at Christie’s, Sotheby’s, Phillips, Bonhams, and Artnet Auctions reached $423.9 million in 2025, an 8 percent increase from 2024. The number of lots sold remained steady at 29,623, but the average price per work rose 8.6 percent to $14,309. Sales were 270 percent higher than in 2019, before the pandemic accelerated the shift to digital auctions. Christie’s reported that 63 percent of new buyers in 2025 made their first purchase online.

The Art Trade Is Taking Calculated Risks With A.I.

The article examines how the art trade is cautiously experimenting with artificial intelligence, noting that while AI tools are being developed to attract newer collectors, the industry remains heavily reliant on trust and personal relationships that technology cannot replicate. It also reports on Fair Warning's new 'No Warning' sealed-bidding auction format, reflecting a rise in private auctions, and highlights a Sotheby's New York sale of the Jean and Terry de Gunzburg collection that set a U.S. record for design auctions at $96 million, led by a set of 15 mirrors by Claude Lalanne for Yves Saint Laurent that sold for $33.5 million.

Who Were the Best-Selling Old Masters at Auction in 2025?

The article reports on the best-selling Old Master paintings at auction in 2025, highlighting Canaletto's *Venice, the Return of the Bucintoro on Ascension Day*, which sold for $43.8 million at Christie's—three times the next-highest Old Master price. Other notable sales include a $7.55 million triptych of Jesus performing miracles by an unknown 15th-century artist, noted for its exceptional condition and quality.

reframing the frame

Artnet News revisits the trend of inventive, sculptural frames in contemporary painting, originally explored in Katie White's essay "Bordercore." The article features a podcast conversation between White and editor Ben Davis, examining how artists like Stephanie Temma Hier use frames as surreal, symbolic extensions of their work, moving beyond traditional containment to comment on and disrupt the artwork's boundaries.

10 top lots auction 2025

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.

the round up 2025s highs lows and wtfs

In this year-end roundup episode of The Art Angle, co-hosts Kate Brown and Ben Davis, joined by Artnet Pro editor and art critic Andrew Russeth, review the defining trends, themes, and stories of 2025. They cover the art market's slump and subsequent rebound in New York's fall auctions and Art Basel Miami Beach, the political impact of Trump 2.0 on arts funding and museum governance, the question of a 'post-woke' art world, the return of digital art, and the ongoing power of red chip art. The episode also highlights the multi-front crisis facing institutions due to changing public expectations, rising costs, and political shifts, alongside lighter, unusual stories from the art world.

frank frazetta fantasy art market

Frank Frazetta's iconic painting *Conan the Berserker* (1967) is being auctioned at Heritage Auctions with an opening bid of $10 million. The work, originally created for the cover of the 1967 paperback *Conan the Conqueror*, has become one of the definitive images of the fantasy hero. This year alone, five Frazetta paintings have sold for over $1 million, including *Man Ape* (1966) which fetched $13.5 million in September. The artist's total sales volume was just $674,640 in 2018, according to the Artnet Price Database.

john oliver bob ross auction public media

A 1987 Bob Ross painting, *Cabin at Sunset*, sold for $1.04 million in a benefit auction hosted by late-night comedian John Oliver, setting a new auction record for the artist. The work was painted during the second episode of the 10th season of Ross's television series *The Joy of Painting*. The online sale, which concluded November 24, included 65 eclectic lots—from presidential wax figures to a signed bucket of dolls—and raised funds for the Public Media Bridge Fund, which supports independent broadcasters amid federal cuts to public broadcasting.

phillips evening sale 2025 stats

Phillips held its Modern and contemporary art evening sale in New York on Wednesday night, achieving $67.3 million in total sales—a 24.4 percent increase from the same auction last November. The sale featured 33 lots with a 94 percent sell-through rate, including a triceratops fossil that sold for $5.4 million through a partnership with natural history dealer Christian Link. Top lots included Francis Bacon's *Study for Head of Isabel Rawsthorne and George Dyer* (1967) at $16 million with premium, Jean-Michel Basquiat's *Exercise* (1984) at $3.8 million, and two works by Ruth Asawa. Only one artwork, a Jadé Fadojutimi, failed to sell, and there were no withdrawals.

churchill painting hudsons bay company auction

The Hudson's Bay Company, a historic Canadian department store chain that declared bankruptcy in March, began selling off its art collection. On November 19, 27 paintings from the retailer's trove were auctioned by Canadian auction house Heffel, all selling well above estimate. The top lot was an impressionistic painting of a Marrakech street by Winston Churchill, which sold for $1.5 million, more than tripling its low estimate. Other notable sales included Frederic Marlett Bell-Smith's 'Lights of a City Street' at $691,250 and works by William von Moll Berczy and Charles Pachter.