art basel 2025 sales report 1234745462

Art Basel 2025 in Switzerland, now in its 55th edition, opened with 289 exhibitors amid a soft and unpredictable art market. Major sales included a Ruth Asawa sculpture for $9.5 million at David Zwirner, a Gerhard Richter painting for $6.8 million, and a Keith Haring from 1983 for $3.5 million at Gladstone. The top reported sale was David Hockney's 'Mid November Tunnel' (2006) for $13-17 million at Annely Juda Fine Art. Hauser & Wirth headlined with a moody Mark Rothko from the early 1960s, while galleries adopted strategies of offering wide price ranges and diverse styles to hedge against market uncertainty.

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Art Basel 2025 opened in Basel, Switzerland, with nearly 300 leading galleries showcasing high-value artworks despite a turbulent art market. Major works include a Gerhard Richter abstraction (1987) at David Zwirner, priced around $30 million, a Ruth Asawa hanging sculpture sold for $9.5 million, and Picassos at Pace and Helly Nahmad Gallery, with the latter's *Femme nue couchée jouant avec un chat* (1964) listed at $28 million after fetching $21.2 million at auction two years ago. The fair runs through Sunday, offering rare opportunities to view and purchase blue-chip pieces.

damien hirsts colorful spin painting of leonardo dicaprio just raised 1 3 million for charity 2311409

An enormous painting of Leonardo DiCaprio by Damien Hirst, titled *Beautiful Leonardo DiCaprio Looking Away Painting* (2016), sold for $1.3 million at the amfAR Gala in Cannes, France, on May 25. The work, a colorful spin painting signed by both the actor and artist, was donated by collector Christian Levett and auctioned by Simon de Pury. The gala raised $17 million total, with the top lot being a $1.6 million Aston Martin DB12, and also featured artworks by Claire Tabouret, Cecily Brown, Andres Valencia, and Robert De Niro.

albright pennsylvania college selling art collection 2648020

Albright College in Reading, Pennsylvania, is quietly selling off the Freedman Gallery collection, which includes works by Romare Bearden, Salvador Dalí, Jasper Johns, and Robert Rauschenberg, to address a budget shortfall that recently reached $23 million. Art preparator Rich Houck discovered the storage space emptied without notice and was fired after reporting the move; the college has cut 53 positions, canceled academic majors, and considered selling real estate as part of a broader cost-cutting campaign. Former gallery staff are no longer employed, and major donors were not informed of the sale.

emily fisher landeau collection auction fate 2350982

Christie’s and Sotheby’s are competing to secure the estate of Emily Fisher Landau, the noted art collector who died in March at age 102. Her collection, valued between $375 million and $500 million, could become a major highlight of the November evening sales, helping offset a sluggish first half for auction results. The Big Three auction houses have seen a 51 percent drop in total sales year-over-year, with Christie’s and Phillips both reporting significant declines.

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Kelly Xi, an artist and lecturer at the School of the Art Institute of Chicago (SAIC), was placed under investigation and administrative leave after using a school photocopier to produce materials for a pro-Palestine student exhibition and sharing an email list for a faculty union petition. The exhibition advocated for divestment from Israel and criticized the school's handling of a protest encampment that led to dozens of arrests in May 2024. The actions were organized by Students for the Liberation of Palestine (SLP), targeting trustee A. Steven Crown, whose family owns a stake in defense contractor General Dynamics and donated to pro-Israel groups.

San Francisco’s Modern Art Museum Reimagines the Fisher Collection

The San Francisco Museum of Modern Art (SFMOMA) has unveiled a massive reinstallation of the Doris and Donald Fisher Collection, featuring approximately 250 works. This presentation is part of a landmark 100-year partnership established in 2009, which requires the museum to dedicate significant gallery space to the Fishers' holdings every decade. The current exhibition showcases blue-chip staples of postwar and contemporary art, including major works by Ellsworth Kelly, Gerhard Richter, and Agnes Martin.

Event: Hammad Nasar and Billy Tang, Off the Record

ArtReview and Ursula magazine have announced a collaborative talk featuring curators Hammad Nasar and Billy Tang as part of their "Off the Record" series in London. The event, held at the Farm Shop in Mayfair, is designed as an intimate, live conversation focused on the working methods and inspirations of creative visionaries. Nasar, a veteran curator and MBE recipient, will join Tang, the Artistic Director of the new Yan Du Project, to discuss their respective practices and the evolution of creative thinking.

10 must-see exhibitions in Berlin this spring 2026

10 mostre da vedere a Berlino in questa primavera 2026

Artribune's article highlights ten must-see exhibitions in Berlin for spring 2026, curated by Nicola Violano. Key shows include Marina Abramović's "Balkan Erotic Epic" at Gropius Bau, exploring Balkan ritual, body, and sexuality; Giulia Andreani's "Sabotage" at the Nationalgalerie der Gegenwart, which uses near-monochrome painting to critique historical narratives; and Shilpa Gupta's "What Still Holds" at the same venue, reflecting on borders and fragility in dialogue with Joseph Beuys. The selection spans major museums and galleries, emphasizing conceptual depth over pure aesthetics.

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British photographer Martin Parr, known for his highly saturated and often humorous snapshots of everyday life, died on December 6 at age 74 after a four-year battle with cancer. Parr's work, from his early black-and-white images of rural Yorkshire to his iconic color series like "The Last Resort" (1982–85) and "The Cost of Living" (1987-89), captured British eccentricities and social pretensions with a sharp, affectionate eye. He was a full member of Magnum Photos and his images, including those of mass tourism and consumerism, have been widely exhibited and collected.

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The Trump administration has selected Mexico-based sculptor Alma Allen to represent the United States at the 61st Venice Biennale, with the pavilion organized by curator Jeffrey Uslip and sponsored by the newly formed American Arts Conservancy (AAC). The AAC, founded in July 2024 and based in Tampa, is run by executive director Jenni Parido, a pet foods entrepreneur with no prior art-world experience, and its board includes figures from construction, conservative media, and high-end event planning, raising questions about its qualifications for this high-profile role.

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Sotheby's is offering Gustav Klimt's "Portrait of Elisabeth Lederer" (1914-1916) from the estate of the late collector and philanthropist Leonard Lauder with an asking price exceeding $150 million. The consignment also includes two Attersee landscapes valued at over $70 million and $80 million respectively, potentially generating over $300 million from just three lots. This sale follows Ronald Lauder's record-setting $135 million private purchase of Klimt's "Portrait of Adele Bloch-Bauer I" in 2006, and is guaranteed to set a new auction record for the artist, surpassing the current $108.8 million benchmark.

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President Donald Trump has proposed eliminating the National Endowment for the Arts (NEA), and arts organizations across the U.S. are already feeling the impact. After a White House budget request in May that excluded the NEA, dozens of institutions received abrupt termination notices for their grant applications, with the NEA citing a shift in policy priorities to focus on projects reflecting the nation's artistic heritage as prioritized by the President. In protest, many senior NEA staff resigned or were asked to retire, leaving the agency in disarray. The cuts are part of broader federal efforts to defund cultural agencies, including the Kennedy Center, the Smithsonian, and the National Endowment for the Humanities, which has seen a 70-80 percent staff reduction and canceled over a thousand grants. Private foundations like the Mellon Foundation and the Helen Frankenthaler and Andy Warhol Foundations have launched emergency funding programs, but the consequences for artists, educators, and community organizations are immediate and destabilizing.

How to Buy Minimalist Art

Artsy Editorial offers a guide on buying Minimalist art, explaining the movement's core principles of geometric shapes, limited color palettes, and material reduction. The article highlights key artists such as Carl Andre and Polly Apfelbaum, and emphasizes that Minimalism focuses on the idea behind the work rather than the artist's technical skill.

The 5 Best Booths at miart 2026

The 30th edition of miart opened its doors at the Allianz MiCo convention center in Milan, marking a significant milestone for Italy’s premier international modern and contemporary art fair. As the city continues its ascent as a global art capital, the 2026 fair attracted a diverse continental crowd of collectors and professionals ahead of the upcoming Venice Biennale.

5 Ways the Art World Can Better Support Women Artists

Art Dubai announces updated gallery list for postponed 2026 edition

Art Dubai has released a revised exhibitor list for its 2026 edition, which was rescheduled to May 15–17 following regional instability caused by the US-Israel war in Iran. The fair will feature 50 galleries at Madinat Jumeirah, down from its original roster after approximately 75 participants—including major Indian and Western galleries—withdrew due to scheduling conflicts and logistics. To support those remaining, the fair has introduced a flexible fee structure where galleries pay a percentage of sales capped at the original stand cost.

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The Hammer Museum in Los Angeles has announced the prize winners for its 2025 Made in L.A. biennial. Ali Eyal received the $100,000 Mohn Award, Carl Cheng won the $25,000 Career Achievement Award, and Greg Breda was selected by public vote for the $25,000 Public Recognition Award. The winners were chosen by a jury of curators from prominent institutions.

8 gulf artists defining the regions new cultural renaissance 2728529

Artnet News profiles eight Gulf artists who are shaping the region's cultural renaissance, including Mohammad Alfaraj and Dana Awartani. The article highlights their growing international recognition, with Alfaraj winning Art Basel Emerging Artist and Gold Awards in 2025 and Awartani exhibiting at the 2024 Venice Biennale. It notes the expansion of major art fairs like Art Basel and Frieze into the Gulf, alongside new homegrown initiatives such as the Diriyah Contemporary Art Biennale and Rubaiya Qatar.

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Artnet Pro's Talentspotter feature highlights seven Asian artists pushing boundaries in contemporary art through diverse media such as 3D printing, VR, photography, and large-scale installation. The artists include Hà Ninh Pham from Vietnam, who creates speculative topographical works and virtual games, and Heecheon Kim from South Korea, who examines digital cognition and reality using GPS, AR, and VR. The article provides critical and market insights into each artist's practice, background, and recent exhibitions, originally published in the Asia Pivot newsletter.

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Earlier this spring, artist Julia Isídrez led a guided tour at São Paulo's Gomide & Co. gallery for a joint exhibition with Maria Lira. The show highlights two artists from different generations and mediums—Lira from Brazil (painting) and Isídrez from Paraguay (sculpture, featured in the 2024 Venice Biennale)—who both engage Indigenous and Afro-Indigenous traditions from a contemporary perspective. Gallerist Thiago Gomide rejects labels like 'folk' or 'popular,' insisting it is simply an art exhibition. The article profiles a network of Brazilian dealers, including Vilma Eid of Galeria Estação and Antonio Almeida of Almeida & Dale, who have worked to revive interest in arte popular, a category historically applied to self-taught, Indigenous, and Black artists.

art artist couples eric firestone gallery

A new exhibition titled “Couples” at Eric Firestone Gallery in New York features the work of 26 artist-partners, exploring how they navigate material, color, and form in complementary ways. The show runs through May 2. CULTURED magazine brought together five duos from the exhibition to answer questions about mixing professional and personal lives, with each artist responding without seeing their partner’s answers. Featured couples include Caitlin Lonegan and Spencer Lewis, who discuss topics such as sharing studios, jealousy, and role models like Charline von Heyl and Christopher Wool.

young dealers old masters art market

A new generation of young gallerists is revitalizing the art market by specializing in historical art forms—from ancient jewelry and Old Master drawings to Art Deco and overlooked women Impressionists. The article profiles seven dealers who launched their businesses between ages 22 and 41, with half based in London. Notable figures include Pauline Pavec and Quentin Derouet (co-founders of Pavec, focusing on 19th- and 20th-century women artists), Baron Lorne Thyssen-Bornemisza (Kallos Fine Jewellery, ancient jewelry), and Maxime Flatry (20th-century art and design). Two of the dealers will exhibit at Frieze Masters this October, directed by Emanuela Tarizzo, who emphasizes that collectors and institutions increasingly seek cross-century narratives.

in the hamptons this summer catch a new art show every week

Cultured magazine's article rounds up seven new art exhibitions opening in the Hamptons this summer, each running for a limited time. Highlights include "Unbreakable" at Onna House featuring mother-daughter artist duos, Shirin Neshat's first New York-area museum show in two decades at the Parrish Art Museum, Almond Zigmund's immersive "Wading Room" at Guild Hall, a Rosalyn Drexler retrospective at the Pollock-Krasner House, and "The Ark" at The Church curated by Eric Fischl with animal sculptures by over 40 international artists. Other shows include "Veronica Veronica" at Hesse Flatow's former potato barn and a ceramic-focused exhibition at Onna House.

Accumulations: A Conversation

On March 16, 2026, e-flux Screening Room presented “Viscosities,” a program of moving-image works by artist Lucy Beech, followed by a conversation between Beech, Lukas Brasiskis, and the audience. The discussion, edited for publication, explores Beech's concepts of accumulation and viscosity, drawing from Trisha Brown's 1971 performance *Accumulation* to describe how her work builds complex sequences through additive materials. Beech discusses her film *Flush*, which examines freemartin cows studied by eugenics-linked scientists, and its connection to endocrinology and IVF. She also addresses her reuse of materials, collaboration with James Richards on *A Map of the Pit*, and her film *Out of Body*, which uses imaging technologies to trace hidden industrial and biological flows, including urine-derived hormones from the Dutch program Moeders voor Moeders.

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The article profiles billionaire Greek Cypriot collector Dakis Joannou, focusing on his superyacht *Guilty*, painted by Jeff Koons in dazzle camouflage, and his Deste Foundation's project space on Hydra. It describes the 2023 group show "Dream Machines," co-curated by Daniel Birnbaum and Massimiliano Gioni, featuring works by Koons, Andro Wekua, Mire Lee, and others, and includes an interview with Joannou about the yacht's design and his art collection.

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Cultured magazine profiles 10 art collectors, sharing the stories of their first acquisitions. The article features collectors such as Miami real estate developer Craig Robins, hotelier Steve Wilson, Allison Sarofim, Brandon John Harrington, James Frey, and Rodrigo Padilla, recounting how they began their collections—from a Dalí sketch and a Matisse drawing to an Andy Warhol portrait and a late-night Instagram purchase. Each narrative highlights the personal, often serendipitous moments that sparked a lifelong passion for art.

10 most expensive women artists 2722693

A Frida Kahlo painting, *El Sueño (La Cama)* (1954), sold at Sotheby’s New York for $54.7 million, setting a new auction record for the most expensive artwork by a female artist. The article, using data from the Artnet Price Database, lists the ten most expensive women artists at auction, including Lee Krasner ($11.6 million for *The Eye is the First Circle*), Jenny Saville ($12.4 million for *Propped*), Marlene Dumas ($13.6 million for *Miss January*), and Agnes Martin ($18.7 million for *Grey Stone II*).

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The Portland Art Museum has completed a $116 million expansion and renovation, integrating two neighboring buildings and adding nearly 100,000 square feet of public and gallery space. The centerpiece is a 21,000-square-foot glass pavilion named after Mark Rothko, who grew up in Portland and attended the museum's art school. The project, largely privately funded, unites the original 1932 Belluschi building with the 1927 Mark Building (a former Masonic Temple) via a transparent, 24-hour pedestrian tunnel. Director Brian Ferriso led the capital campaign, which also raised $30 million for the endowment, and recruited Hennebery Eddy Architects and Vinci Hamp Architects as designers.

Sotheby’s $433 Million Contemporary Evening and Mnuchin Sales Kicked Off New York’s May Marquee Auctions

Sotheby's held two major evening sales in New York—the Mnuchin collection sale and The Now & Contemporary Evening Auction—generating a combined $433.1 million. The Mnuchin sale achieved a white-glove result of $166.3 million, led by Mark Rothko's *Brown and Blacks in Reds* (1957) which sold for $85.8 million, while the contemporary auction reached $266.8 million, with Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* as the top lot. The results fell within presale estimates but marked a 133% increase over last May's contemporary sales.