Art Dubai Downsizes Dramatically as War Reshapes Plans

Art Dubai has announced a significantly scaled-back 20th-anniversary edition, reducing its exhibitor list by 57 percent following regional conflict and logistical disruptions. Originally scheduled for April, the fair has been postponed to May 15–17 at Madinat Jumeirah and will now feature only 50 galleries, with a heavy emphasis on regional participants. To support dealers during this period of uncertainty, organizers have implemented a "risk-sharing" booth fee model where galleries pay a percentage of sales capped at their original fee.

Praise Shadows’s New Sales Director and Para Site Names Executive Director: Industry Moves for March 18, 2026

Several key personnel changes occurred in the art world this week. Boston gallery Praise Shadows hired Rebecca Hayes as its new Sales Director, while Hong Kong's Para Site appointed curator James Taylor-Foster as its Executive Director. Concurrently, galleries Lehmann Maupin and Jessica Silverman announced a co-representation agreement for artist Guimi You, and London's Timothy Taylor gallery revealed it will close its New York outpost after ten years.

us supreme court strikes down trumps tariffs art market

The U.S. Supreme Court has struck down a series of sweeping tariffs imposed by the Trump administration, ruling in a 6-3 decision that the executive branch exceeded its authority. Chief Justice John Roberts, writing for the majority, stated that the International Emergency Economic Powers Act (IEEPA) does not grant the president the power to unilaterally impose tariffs of unlimited scope and duration. While tariffs on steel and aluminum remain, the ruling removes the 10 percent global blanket tariff and the 25 percent reciprocal tariffs previously levied against Canada, China, and Mexico.

lynne drexler painting sets a record at christies

Christie’s Post-War and Contemporary Art day sale on Thursday achieved $88.7 million, with an 88% sell-through rate by lot and 90% by value. The standout lot was Lynne Drexler’s 1960 painting *Keller Fair II*, which sold for $2,027,000—shattering her previous auction record by nearly $500,000 and far exceeding its $800,000–$1.2 million estimate. The work, a dense abstraction from Drexler’s early 1960s period, was described by advisors and dealers as a rare, exceptional example.

newsmakers artissima director luigi fassi italy vat cuts

Italy slashed VAT on art sales from 22% to 5% in July 2024, the lowest rate in the European Union, after two decades of lobbying by the Apollo Group. The tax cut took effect just before Artissima, Italy's largest contemporary art fair, which saw strong turnout and reported sales increases for many of its 73 Italian galleries, with prices ranging from $2,200 to nearly $20,000. ARTnews interviewed Artissima director Luigi Fassi about the impact of the new rate on the Italian art market and the broader cultural ecosystem.

frieze launches new seoul space

Frieze has announced the launch of Frieze House Seoul, a year-round exhibition and project space in the Yaksu-dong neighborhood, set to open alongside the fourth edition of Frieze Seoul from September 3 to 6, 2025. Housed in a four-story building dating from 1988, the venue will host short-term gallery residencies, special projects, and curated exhibitions beyond the fair dates, and features a permanent site-specific installation by SANAA founders Kazuyo Sejima and Ryue Nishizawa. The news comes as Frieze works to extend its five-year partnership with Kiaf, the fair run by the Galleries Association of Korea, which began in 2022 and is set to expire in 2026.

Art Dubai to Present Significantly Smaller Event After Iran War Forces Postponement

Art Dubai has announced a significantly scaled-down 'special edition' fair to be held in May, replacing its postponed twentieth-anniversary event. The new iteration will feature just fifty exhibitors, down from the originally planned 120, and will be held at its traditional venue, Madinat Jumeirah.

The Hole Gallery Sued Over Unpaid Back Rent

The Hole, a prominent contemporary art gallery founded by Kathy Grayson, has shuttered its West Hollywood location amid a wave of legal and financial troubles. Court filings reveal that the gallery faces multiple lawsuits for unpaid rent and real estate taxes across its Los Angeles and Manhattan outposts, with debts totaling over $180,000. Beyond real estate disputes, the gallery has been dogged by allegations of financial instability and delinquent payments to artists, including a 2019 lawsuit from artist Dan Lam regarding unpaid sales and damaged works.

Christie’s to hold its first South Asian Modern art sale in London in seven years

Christie's auction house is launching a major sale titled 'Sublime Shadows' in London on June 11, featuring 93 works of South Asian Modern and contemporary art from an anonymous private collection. This marks the auction house's first dedicated South Asian Modern art sale in London since 2019, highlighting a surge in market activity and curatorial interest for the category.

An Art-Lover’s Guide to Tunis’ Ground-Up Contemporary Scene

The article profiles Selma Feriani, a Tunisian gallerist who opened a new purpose-built gallery in the industrial El Kram district of Tunis in January 2024. Designed with architect Chacha Atallah, the three-story space features a concrete exterior referencing traditional Tunisian hand-application techniques and a garden of olive, palm, and orange trees. Feriani, who previously ran a gallery in London's Mayfair, returned to Tunisia after the Revolution to contribute to the country's cultural renaissance. The gallery currently hosts simultaneous exhibitions: Nadia Ayari's paintings of menacing plants and Nidhal Chamekh's "Frictions," part of his broader historical project "Et si Carthage…" exploring Mediterranean power dynamics.

Show me the money: UK gallery and auction house accounts reveal reality of a tough market

Recent financial filings from UK-based art businesses reveal a stark downturn in the art market, highlighted by the sudden liquidation of Stephen Friedman Gallery. The gallery's collapse followed expensive expansion projects in London and New York, compounded by a £1.7m loss in 2023 and a significant debt of £11.4m to creditors. Other major players, including Thaddaeus Ropac, reported substantial revenue drops, with Ropac’s turnover falling from £49.6m to £36.4m as the industry grapples with rising overheads and economic volatility.

Welcome to Venice: the shows you won’t want to miss at the 61st Biennale

The 61st Venice Biennale, titled "In Minor Keys," opens with a keynote exhibition conceived by the late Koyo Kouoh and realized by her team after her sudden death in May 2025. The show spans the Central Pavilion in the Giardini and the Arsenale, featuring 110 artists and collectives. Highlights include Bracha L. Ettinger's installation at the Hotel Metropole, where she transforms a room where Sigmund Freud wrote part of *The Interpretation of Dreams* into a feminist 'borderspace,' and works by artists such as Arthur Jafa, Richard Prince, Issa Samb, Beverly Buchanan, and Daniel Lind-Ramos. The exhibition explores themes of history, colonialism, war, and environmental destruction, aiming for a 'sotto voce' tone that nonetheless delivers powerful, liberating statements.

Record sales and a tax break close out blockbuster year for South Asian Modern market

Two record-breaking auctions closed a blockbuster year for the South Asian Modern art market. On 27 September, Saffronart in New Delhi sold 85 lots for $40.2 million—the largest single sale ever in South Asia—while on 29 September, Sotheby’s in New York sold 54 lots for $25.5 million, a record total for South Asian art in the West. These followed Christie’s March sale of M.F. Husain’s mural *Gram Yatra* (1954) for $13.7 million, the highest price ever for an Indian painting. India also enacted a major tax reform, cutting the Goods and Service Tax (GST) on art from 12% to 5%, further stimulating the market.

di rosa center selling napa campus

Northern California's di Rosa Center for Contemporary Art has listed its 217-acre Napa campus for sale at $10.9 million after years of financial struggles. The museum, which houses a renowned collection of Postwar Northern California art, plans to use the proceeds to stabilize its finances and ensure the long-term care of its collection. Executive director Kate Eilertsen, who took over in 2020, has introduced alternative revenue streams like event rentals and a summer camp, and opened outposts in downtown Napa and San Francisco. The museum will remain open during the sale, and talks are underway with the Napa Land Trust and Open Space District to sell only part of the property for a public hiking trail, while keeping the sculpture park intact.

nan goldin donation children of gaza

Artist Nan Goldin is donating proceeds from the sale of her 2007 photograph *Ava twirling* to support children from Gaza, inspired by a benefit exhibition and sale titled “Colors That Survived.” The exhibition, curated by children’s educator and YouTube star Rachel Accurso (Ms. Rachel), features prints of drawings by children from Gaza, priced at $200 each in a limited edition of 20, and has already sold out, raising over $65,000. Goldin’s photograph is being auctioned online through January 19, with bidding starting at $15,000. The fundraiser is organized by Artists Support, a charitable initiative founded in 2020, and also involves the team behind the docudrama *The Voice of Hind Rajab*, which won the Grand Jury Prize at the Venice Film Festival.

digital art isnt built to last could data co ops change

Shanti Escalante-De Mattei launches a new column called "Link Rot" in ARTnews, exploring the intersection of art, technology, and the internet. The first edition focuses on the fragility of digital and new media art, which faces rapid obsolescence as hardware and software evolve. New media art dealer Kelani Nichole, founder of Transfer Art Gallery (2013), has launched the Transfer Data Trust, a data cooperative designed to preserve digital artworks for up to 100 years. The Trust uses a combination of network-attached storage, decentralized file storage (IPFS, Filecoin), and a user-friendly browser to archive artist intent and conservation data, with pooled sales proceeds funding conservation efforts.

Texas Vignette announces call for women artists to join 2026 Vignette Art Fair Sept. 30-Oct. 3 at On The Levee

Texas Vignette has announced an open call for Texas women artists to participate in the eighth annual Vignette Art Fair, scheduled for September 30 to October 3, 2026, at On The Levee in the Dallas Design District. Alison de Lima Greene, the Isabel Brown Wilson Curator of Modern and Contemporary Art at the Museum of Fine Arts, Houston, will curate the juried exhibition. Submissions open May 26 through June 26, with a $36 fee, and selected artists will be notified by August 17. The fair is free to the public on October 2-3, with ticketed preview events including a Patron Welcome Dinner and a Preview Benefit.

Early David Hockney piece expected to fetch thousands at upcoming auction

A rare early artwork by David Hockney, created when he was just 19, is heading to auction at Tennants Auctioneers' Modern and Contemporary Art Sale on June 13. The mixed media piece, titled *Bolton Junction Eccleshill, Bradford*, depicts scenes from Hockney's hometown and is expected to fetch between £7,000 and £10,000. Originally purchased by Hockney's tutor Malcolm Riley at the artist's end-of-year show, the work reflects the perspective lessons Hockney learned at Bradford Regional College of Art. The sale also features works by other notable northern artists, including two drawings by L.S. Lowry, pieces by mining artists Norman Cornish and Tom McGuinness, and ceramics by Pablo Picasso, alongside lots by Damien Hirst and David Bailey.

The most expensive Mark Rothko paintings ever sold at auctions

The article lists the most expensive Mark Rothko paintings ever sold at auction, highlighting record-breaking sales such as *No. 6 (Violet, Green and Red)* (1951), which fetched $186 million in 2014, and *Orange, Red, Yellow* (1961), which sold for $86.9 million in 2012. Other notable works include *No. 1 (Royal Red and Blue)* (1954) at $75.1 million and *No. 10* (1958) at $81.9 million, demonstrating the enduring high demand for Rothko's abstract expressionist canvases in the secondary market.

Helen Frankenthaler at Kunstmuseum Basel

Kunstmuseum Basel has opened a major exhibition of Helen Frankenthaler's work, running from April 18 to August 23, 2026, featuring over 50 large-format pieces spanning six decades. The Helen Frankenthaler Foundation loaned 37 works for the show. The article also notes recent auction results, including Christie's offering of 'The Last Minute in April' (1974) for an estimated $2–3 million, and Sotheby's sales of 'St. John' (1971) for $2.1085 million and 'Perseus' (1983) for $2.804 million. Previous European exhibitions of Frankenthaler's work are listed, including shows at Museo di Palazzo Grimani, Museum Folkwang, Palazzo Strozzi, and Museum Reinhard Ernst.

Inside Frieze New York 2026: The Best Booths and Standout Moments of the Art Fair

Frieze New York 2026 opened at the Shed in Hudson Yards, drawing a record crowd of collectors, artists, and celebrities on preview day. The fair featured over 65 international galleries, with a strong presence of Latin American artists and a notable shift toward textile-based works, sculpture, and paper pieces. Highlights included the Ruinart Art Lounge with preparatory studies by Tadashi Kawamata, and the Focus section spotlighting emerging galleries. Notable attendees included Leonardo DiCaprio, gallerist Almine Rech, and Sotheby's senior vice president Ralph DeLuca.

Amid ceasefire, Tehran museum opens ‘Art & War’ exhibit spotlighting US Jewish artist

Tehran's Museum of Contemporary Art has opened an exhibition titled 'Art & War' featuring works by American Jewish artist Peter Saul, amid a fragile ceasefire between Israel and Hezbollah. The show includes Saul's provocative paintings that critique war and political violence, marking a rare cultural exchange in a country where official rhetoric often opposes Israel and the United States.

Robot dogs with Elon Musk's head 'poo' AI art in bizarre exhibition

Artist Beeple (Mike Winkelmann) has installed "Regular Animals" at Berlin's Neue Nationalgalerie, featuring robot dogs with hyper-realistic silicone heads of Elon Musk, Mark Zuckerberg, Jeff Bezos, Andy Warhol, Pablo Picasso, and Beeple himself. The dogs roam the gallery and periodically "poo" printed images of their surroundings that have been transformed by artificial intelligence, with each dog's output reflecting the style of its figurehead—for example, the Picasso dog produces Cubist-style images. The work premiered at Art Basel Miami Beach 2025, where Beeple distributed the prints with certificates reading "100% organic GMO-free dog s**t" and QR codes for free NFTs.

LACMA New David Geffen Galleries Open 4/19... Installation of Do Ho Suh's 'Gyeongbokgung Jagyeongjeon'

LA카운티미술관(LACMA) 뉴 데이빗게펜 갤러리 4/19 오픈...서도호 작 '경복중 자경전' 설치

The Los Angeles County Museum of Art (LACMA) has announced the official opening of the David Geffen Galleries on April 19, 2026. Designed by Pritzker Prize-winning architect Peter Zumthor, the 900-foot-long horizontal structure spans Wilshire Boulevard and features a single elevated exhibition level for the museum’s permanent collection. The inaugural installation, curated by a collaborative team of 45 specialists, rejects traditional chronological or geographical hierarchies in favor of a thematic approach centered around global oceanic frameworks.

Strong sales and cross-market demand define Art Basel Hong Kong opening

Art Basel Hong Kong opened with robust sales and high energy, signaling a strong recovery for the Asia-Pacific art market. Blue-chip galleries reported several seven-figure transactions early on, including a $4 million Picasso at Bastian and a $3.8 million Liu Ye painting at David Zwirner. The fair's debut of the digital-focused 'Zero 10' initiative and a significant presence of regional collectors underscored a diverse appetite for both postwar masters and contemporary digital works.

Art March Hong Kong | 8 Kusama pumpkins head to auction during Basel week – here’s every one of them

Eight signature pumpkin works by Yayoi Kusama are set to headline the spring auction season in Hong Kong, coinciding with Art Basel week. Major auction houses including Sotheby’s, Christie’s, and Bonhams are offering a diverse range of these iconic motifs, featuring everything from a massive two-meter-tall fiberglass sculpture to rare red and yellow canvases. Notable highlights include a unique 2015 sculpture at Sotheby’s with a high estimate of HK$60 million and a rare red pumpkin painting at Bonhams.

Christie’s Situates ‘Sailor Moon’ and ‘Doraemon’ Alongside Hokusai in Its Debut Anime Sale

Christie’s has announced its first-ever auction dedicated to the intersection of anime, manga, and traditional Japanese art. Titled "Anime Starts Here: Japanese Subculture Imagines Tradition," the online sale will debut during Asia Week New York in March, featuring a curated selection that ranges from 19th-century Katsushika Hokusai woodblock prints to original production drawings from iconic series like Sailor Moon and Doraemon. Key highlights include a rare 1953 drawing by the "God of Manga" Tezuka Osamu and a print of Hokusai’s legendary "The Great Wave."

Twenty Billion Won for a Single Dot: Lee Ufan Masterpieces Head to Auction

South Korea’s leading auction houses, K Auction and Seoul Auction, are headlining their February sales with monumental works by Lee Ufan. Two rare, large-scale 'Dialogue' canvases featuring the artist's signature minimalist dots are expected to fetch significant sums, with estimates reaching up to 2.4 billion won. The auctions also feature major works by other Korean masters, including an early 1955 painting by Kim Tschang-yeul and a blue monochrome piece by the late Chung Sang-Hwa.

The must-see lots from Contemporary New York

Christie's is promoting its upcoming Contemporary New York auction series, highlighting key lots from the sale. Specialists from the auction house provide commentary on featured works by artists including Josef Albers, Julie Mehretu, William Edmondson, Maria Pergay, Jeff Koons, and Cy Twombly, detailing their artistic significance and notable provenance.

Valuing the Invisible Art Market

A new report from UBS and Art Basel, authored by Dr. Clare McAndrew, reveals that the global art market reached an estimated $67.8 billion in 2023, marking a 4% increase from the previous year. The growth was primarily driven by the high-end segment, with sales over $10 million rising by 11%, while the lower and middle markets experienced a decline.