In tough times for dealers, Art Basel debuts a section for new works

Art Basel is introducing a new section called Premiere at its upcoming fair, designed for galleries to present works created within the last five years by up to three artists, organized around a loose curatorial concept. The inaugural section features ten exhibitors, mostly smaller to mid-sized galleries showing mid-career artists, with prices ranging from €5,000 to $85,000. The section is priced at SFr22,000 for a 32 sq. m stand, cheaper than the main section but more expensive than the emerging-artist-focused Statements section, which can be financially risky for dealers.

Gallery lures collectors to Spain’s abandoned region with large-scale sculpture trail

The Albarrán Bourdais gallery, founded by Eva Albarrán and Christian Bourdais, is launching a large-scale sculpture trail on June 15 in the remote Matarraña region of eastern Spain. The trail winds through 5km of vineyards and hills, featuring 20 installations by artists including Mona Hatoum, José Dávila, and Christian Boltanski. This is part of their broader Solo Houses project, which began in 2010 with avant-garde architect homes and now includes a retreat for collectors, a winery, and plans for a hotel designed by Smiljan Radic set to open by 2028.

Los Angeles dealer Ariel Pittman launching new gallery in MacArthur Park

Ariel Pittman, a Los Angeles art historian and former director at Vielmetter and Various Small Fires, is opening a new gallery called Official Welcome in the MacArthur Park neighborhood on May 30. The gallery, located in the historic Granada Building, will launch with an inaugural exhibition titled "California Split" featuring works by June Edmonds, Jay Lynn Gomez, Henry Taylor, and others, with prices starting at $800. Pittman plans to diversify revenue by offering consulting services, project management, and space rentals, and aims to keep operations lean before eventually hiring staff and establishing equitable profit-sharing structures.

District Gallery hosts Hunt Slonem for opening of new exhibition

District Gallery in Shaker Heights, Ohio, will host internationally acclaimed artist Hunt Slonem for the opening of his new exhibition, “Spring Awakening,” on May 29. The 73-year-old New York-based painter, known for his neo-expressionist depictions of bunnies, butterflies, and tropical birds, will attend a sold-out VIP reception. The exhibition runs through June 27 and marks Slonem’s first solo show in Cleveland.

Contemporary art auction of Greek and international artworks

Kapopoulos Auction House will hold a live auction of over 80 works by Greek and international artists at Kapopoulos Fine Arts gallery in Nicosia, Cyprus, on Wednesday, May 28 at 19:00. The auction features works by artists such as Alecos Fassianos, Angelos Panayiotou, Opy Zouni, Mr. Brainwash, Costas Andreou, and Spyros Vassiliou, with starting prices set at unusually low levels. Preview days run from May 26 to May 28, and written offers are also accepted.

Hollis Taggart to open gallery on New York’s Lower East Side for emerging artists

New York dealer Hollis Taggart is opening a second gallery location on the Lower East Side, named Hollis Taggart Downtown, dedicated to emerging and mid-career contemporary artists. The inaugural exhibition, "Boundless," opens May 17 and features ten artists including Osamu Kobayashi, Katherine Boxall, Kelly Worman, and Joanne Greenbaum. The space, at 109 Norfolk Street, is a partnership with longtime employees Paul Efstathiou and Eleanor Flatow. The move comes as the gallery nearly doubled its Chelsea space in 2023, despite a market downturn.

Why the inaugural Art Week Riyadh was a fair in everything but name

The inaugural Art Week Riyadh (AWR), organized by Saudi Arabia's Visual Arts Commission, took place from April 6-13 in the Jax district of Diriyah. Though officially billed as a non-commercial curated exhibition, the event functioned much like an art fair, with 32 galleries displaying available works, price lists visible on stands, and sales conducted throughout the week. The main exhibition, titled "At The Edge," was curated by Vittoria Matarrese with associate curators Basma Harasani and Victoria Gandit Lelandais, featuring galleries from Saudi Arabia and the wider region. Standout presentations included works by Ayesha Sultana, Mohamed Bourouissa, Mohammed Al Resayes, and Miramar Al Nayyar, alongside a moving image section and a satellite program of open studios and gallery shows.

Local art advisors launch pop up art exhibit in Rancho Santa Fe village

A pop-up art exhibition titled 'This is Now' has opened in a long-vacant storefront in Rancho Santa Fe village, curated by the Ryan Campbell Garrett Art Advisory. The show features works by notable artists including Ed Ruscha, Hugo McCloud, Lynne Drexler, and Sam Gilliam, and will run through April 25. The exhibition aims to revitalize the space and engage the local community, with a successful opening reception held on March 29.

Nastaran Mir Sadegh | Untitled (2025) | For Sale

Nastaran Mir Sadegh's painting "Untitled" (2025) is listed for sale at US$2,500 through Sahar K. Boluki Gallery in Toronto. The work, an acrylic on canvas measuring 76 × 59 cm, is hand-signed by the artist and includes a certificate of authenticity. Mir Sadegh, an Iranian artist born in 1985 and based in Tehran, holds a bachelor's degree in Fine Art from Art University of Tehran. Her exhibition history includes shows in Toronto, Tehran, Dubai, and at institutions such as the Tehran Museum of Contemporary Art and Saba Cultural Institute. The listing appears on Artsy, with shipping available within Canada and internationally.

A Whole Lot of Nothing at the US Pavilion

The US Pavilion at the 2026 Venice Biennale features sculptor Alma Allen's exhibition "Call Me the Breeze," curated by Jeffrey Uslip. The show presents untitled, amorphous sculptures in bronze, wood, and stone, including Colorado Yule marble. The selection process was controversial: after the Trump administration excluded the National Endowment for the Arts, the State Department initially picked artist Robert Lazzarini and curator John Ravenal, but that plan collapsed. The American Arts Conservancy, a new nonprofit led by Jenni Parido (a former pet food store operator with Mar-a-Lago ties), then took over, hiring Uslip, who approached Barbara Chase-Riboud and William Eggleston before settling on Allen. Donors include businessman John Phelan and fashion designer Tommy Hilfiger.

Alexandra Noel at Derosia

Alexandra Noel presents a solo exhibition of new works at Derosia in New York, running from March 14 through April 25, 2026. The exhibition showcases the artist’s signature small-scale paintings, which often utilize intimate dimensions to explore complex psychological landscapes and domestic tensions.

Einatmen – Ausatmen

Lee Ufan, the renowned Korean artist known for his meditative single brushstroke paintings, is the subject of a feature article in Monopol. The piece visits his home in Kamakura, Japan, where he lives and works in a simple wooden cube house, reflecting the minimalist philosophy that defines his art. The article explores how Lee finds the entire universe in a single brushstroke, and how the art world is increasingly captivated by his serene, contemplative works.

For the Queen's 100th, Ketterer Auctions a Warhol Painting

Zum 100. der Queen versteigert Ketterer Warhol-Gemälde

The Munich-based auction house Ketterer Kunst is offering a portrait of Queen Elizabeth II by Andy Warhol for sale at its auction on June 12. The work is a silkscreen print enhanced with diamond dust and carries a pre-sale estimate of €150,000 to €250,000. The auction coincides with what would have been the late Queen's 100th birthday year.

Sun, Sea, and Security

"Sonne, Meer und Sicherheit"

The Art Cologne Palma Mallorca art fair has emerged as a strategic hub for wealthy German collectors, positioning the Mediterranean island as a safe and accessible alternative to more volatile global markets. While sales have been strongest in the lower price segments, the fair's revival highlights a trend toward 'lifestyle' art events that prioritize security and leisure. Simultaneously, the German art market faces a broader crisis of regionalization, where galleries are increasingly focusing on local buyers despite declining overall sales and a lack of transformative economic growth.

Meet the Art Market’s Most Bankable Artists

The article, part of the Artnet Intelligence Report 'The Year Ahead 2025,' identifies the most bankable artists across five market categories based on auction results. It highlights Jean-Siméon Chardin's *Le Melon entamé* (1760) as the top-priced European Old Masters work, Pablo Picasso's *La Statuaire* (1925) as third-highest in Impressionist and Modern, David Hockney's *A Lawn Being Sprinkled* (1967) as third-highest in Postwar, Yoshitomo Nara's *I Want to See the Bright Lights Tonight* (2017) as second-highest in Contemporary, and Jonas Wood's *Still Life with Cat and Fruit* (2020) as fifth-highest in Ultra-Contemporary.

The Nahmad family ordered to return a Nazi-looted Modigliani, valued at 21.5 million euros, to a French farmer

La famille Nahmad sommée de restituer à un agriculteur français un Modigliani spolié par les nazis, estimé à 21,5 millions d’euros

The New York State Supreme Court has ordered the restitution of Amedeo Modigliani’s 1918 painting, 'Seated Man (with a Cane)', to Philippe Maestracci, the grandson of Jewish art dealer Oscar Stettiner. The artwork, valued at approximately €21.5 million, was looted from Stettiner’s Paris gallery by the Nazis in 1944. Despite a 1946 court ruling in Stettiner's favor, the painting remained hidden for decades before being acquired in 1996 by the billionaire Nahmad family through an offshore entity.

Un Rothko adjugé près de 86 M$

A painting by Mark Rothko was sold for nearly $86 million at auction. The sale, conducted by an undisclosed auction house, achieved a price within the upper range of expectations for the artist's mature abstract works, reflecting sustained demand for top-tier modern art.

Quelques œuvres choisies au gré des 6 salles d’exposition

The article presents a thematic tour through six exhibition rooms dedicated to still life painting, focusing on works by Giorgio Morandi and Pablo Picasso. Each room explores a different conceptual angle: the grammar of objects in Morandi's metaphysical still lifes, the poetic dimension of Picasso's cubist compositions, contemporary vanitas motifs, the anti-Albertian nature of the genre, the interplay of presence and erasure, and the dislocation of form in Morandi's etchings. The exhibition draws on art historical references from Norman Bryson and Cesare Brandi to frame the evolution of still life from tradition to radical abstraction.

Auction Record in India

Record aux enchères en Inde

The Indian art market has reached a new milestone with the sale of Raja Ravi Varma’s painting, 'Yashoda and Krishna,' which fetched $17.9 million (including fees) at a domestic auction. The masterpiece was acquired by the prominent industrialist Cyrus Poonawalla, setting a new world record for an Indian painting sold at auction.

Sotheby’s 7%

Les 7 % de Sotheby’s

Sotheby’s has reportedly begun offering sellers a 7% interest rate to delay the payout of their auction proceeds. This unusual financial incentive comes as the auction house, owned by billionaire Patrick Drahi, faces significant liquidity challenges and a reported cash crunch.

$33.5 million set of mirrors by Claude Lalanne sets a new record for a work of design

A set of bronze mirrors by French sculptor Claude Lalanne sold for $33.5 million with fees at Sotheby’s in New York, smashing multiple auction records. The Ensemble of Fifteen Mirrors from 1974 more than doubled its high estimate of $15 million after a 10-minute bidding war between five collectors.

Legendary Auctioneer Jussi Pylkkänen on How to Decode Auction Numbers

Legendary auctioneer Jussi Pylkkänen offers insights into interpreting auction data, such as price estimates and results, to navigate the current transitional art market. He advises buyers to think critically about value and scrutinize auction house-provided figures.

art charles porch instagram art collecting

Charles Porch, VP of Global Partnerships for Instagram, moved from Venice Beach to a historic West Village brownstone in 2020. He enlisted sculptor-turned-designer Jed Lind to renovate the property, blending vintage furnishings with contemporary artworks collected from emerging artists. The home features pieces by Pierre Augustin Rose, Michael O’Connell, and artworks by Whitney Bedford, Robert Natkin, and Brett Cody Rogers. Porch later married Robert Denning, a philanthropist on the Met’s Board of Trustees, and the couple has since moved to a Chelsea space, combining their collections.

parties raouls jennifer lawrence chloe sevigny 50th anniversary

A dinner and party at Raoul's, the iconic SoHo French bistro, celebrated its 50th anniversary in partnership with Moda Operandi. The event drew a crowd of regulars and celebrities including Chloë Sevigny, Jennifer Lawrence, Amy Sedaris, and Dave Gahan, who reflected on the restaurant's history as a haven for artists and its role in the neighborhood's transformation from a gritty gallery hub to a tourist destination. Karim Raoul, the founder's son, spoke about the restaurant's enduring family-run ethos.

ART CRITICISM: CLARITY OR MORAL AUTHORITARIANISM?

CRÍTICA DE ARTE: ¿CLARIDAD O AUTORITARISMO MORAL?

The article is a critical essay examining the state of contemporary art production in Mexico, arguing it has become a privatized field designed to please wealthy elites and foreign collectors. It contends that art has shifted from being partly publicly funded to being driven by the market and private initiative, leading to a culture of self-censorship, precarity, and a desperate ambition for visibility and sales.

Elle Peréz Gets Personal with the Next-Gen Collectors Changing the Art World

Elle Peréz, a photographer and co-chair of the Young Collectors Council (YCC) at an unnamed museum, discusses the group's activities in an interview. The YCC meets twice a year to acquire artworks through a transparent process involving curator presentations and studio visits, with members voting on acquisitions. Peréz highlights the party celebrating Diane Severin Nguyen's commissioned piece, noting the seamless integration of music, art, and aesthetics, and emphasizes that the acquisition meetings are the core of the group's appeal.

Artnet Makes Significant Layoffs Following Consolidation with Artsy

Artnet has implemented sweeping layoffs following its consolidation with Artsy under a single leadership team led by CEO Jeffrey Yin. The cuts have severely impacted Artnet News, resulting in the departure of veteran senior reporters Sarah Cascone and Eileen Kinsella, while Andrew Russeth has been named interim editor. Additionally, Artnet’s German entity is being wound down, affecting the Berlin-based team responsible for the platform's online sales operations.

The Bennett Prize Just Raised Its Award to $75,000. These Artists Think You Should Apply.

The Bennett Prize, a biennial award dedicated to women figurative realist painters, has increased its grand prize from $50,000 to $75,000 for its fifth cycle. Founded by collectors Steven Alan Bennett and Dr. Elaine Melotti Schmidt, the prize aims to bridge the gender gap in the art world by providing substantial financial support and institutional recognition. The current call for entries is open to artists who have not yet reached a specific commercial price ceiling, culminating in a 2027 exhibition at the Muskegon Museum of Art.

christies koch western art american art market

Christie’s two-part auction of William I. Koch’s Western art collection realized $84.1 million with fees, more than tripling the previous record for a single-owner Western art collection and setting five new artist records. The sale, reported by the Observer and covered by ARTnews, stands out in a category that has struggled since the 2008 financial crisis, as collectors have shifted focus to postwar, contemporary, and ultra-contemporary work. Specialists attribute the success to structural changes in how American art is presented, growing cultural interest in the American West fueled by popular culture like Yellowstone, and the rare concentration of masterworks in the Koch collection.

christies jimmy carter paintings auction

Christie’s is auctioning four paintings by former US President Jimmy Carter this month, with estimates under $15,000. Three works—Mountain Waterfall (2003), Steeple (2010), and A Still Life (An Angry Pomegranate)—are part of the online sale “The American Collector,” closing January 27, while The Hornet’s Nest (2003) will be offered in a live day sale titled “We the People: America at 250” on January 23. Bidding has already exceeded estimates, with Steeple reaching $24,000. The paintings come from a larger trove of Carter family personal items, with proceeds benefiting the Carter Family Foundation.