$25 Million Modigliani Goes to Jewish Heir in Landmark Restitution Case

A New York Supreme Court judge has ruled that the estate of Jewish art dealer Oscar Stettiner is the rightful owner of Amedeo Modigliani’s 1918 painting "Seated Man With a Cane." The decision concludes an 11-year legal battle led by Stettiner’s grandson, Philippe Maestracci, against billionaire art dealer David Nahmad. The court found that the painting was unlawfully seized by the Nazis after Stettiner fled Paris in 1939 and that subsequent sales, including the 1996 purchase by Nahmad at Christie’s, did not extinguish the original owner's rights.

Veteran Advisor Patti Wong on How the Auction Market Is Recalibrating

Veteran art advisor Patti Wong, who left Sotheby's after three decades to start her own firm, analyzes a significant recalibration in the auction market. She notes a new discipline among auction houses and buyers following the frothy post-pandemic years, with houses becoming more selective, relying heavily on third-party guarantees, and facing greater buyer scrutiny on provenance and estimates. She also highlights the industry's expansion into new geographies like Saudi Arabia and new categories like luxury goods.

Two Monet Paintings, Unseen for a Century, Resurface at Auction

Two significant paintings by Claude Monet, unseen by the public for over a century, are being offered at auction by Sotheby's Paris. The works, *Les Îles de Port-Villez* (1883) and *Vétheuil, Effet du Matin* (1901), have been held in private collections for 115 and over 100 years respectively, with the former last exhibited in the early 20th century at Paul Durand-Ruel's New York gallery. Their combined estimates make them the most valuable Monet paintings to appear at auction in France since 2001.

Miart Turns 30 With a Bigger, Bolder Edition in Milan

Miart, Milan's international modern and contemporary art fair, is launching its 30th-anniversary edition in a new, larger venue, the Allianz MiCo South Wing. The 2026 edition, themed "New Directions: Miart, but different," will host 160 galleries from 24 countries across three levels, featuring sections like Emergent for new voices, Established for historical dialogue, and a special film project called Movements.

The Big Ideas Driving Art Paris This Year

Art Paris 2026 will take place from April 9–12 at the Grand Palais, featuring two major curated themes: "Babel – Art and Language in France," guest-curated by Loïc Le Gall, and "Reparation," curated by Alexia Fabre. The fair will include roughly 165 galleries, with sectors like Promises for emerging artists, Solo Show for monographic presentations, and French Design Art Edition.

New Museum unveils new OMA-designed building ahead of March 21st reopening.

The New Museum in New York has unveiled its major 60,000-square-foot expansion, designed by the architectural firm OMA, specifically Shohei Shigematsu and Rem Koolhaas. The project, which took a decade from architect selection to completion, required a two-year closure and doubles the institution's gallery space. It debuts with new commissions by artists Tschabalala Self and Klára Hosnedlová ahead of its public reopening on March 21st.

This Small Dorothea Tanning Painting Sold for $120,000 per Square Inch—and Set a New Record

Dorothea Tanning's small 1942 Surrealist painting, 'Children's Games,' sold for £3.8 million ($5 million) at Christie's London, nearly quadrupling its low estimate. With fees, the final price reached $6.26 million, setting a new auction record for the artist and achieving a remarkable price of approximately $120,000 per square inch.

A New Brooklyn Art Fair With a Global Outlook Debuts This Spring

A New Brooklyn Art Fair With a Global Outlook Debuts This Spring

A new art fair called Conductor: Art Fair of the Global Majority will hold its inaugural edition in Brooklyn from April 30 to May 3, 2026. Organized by Powerhouse Arts, it will feature 27 galleries and 17 special projects, bringing together artists and galleries from Africa, Latin America, Asia, the Caribbean, the Middle East, Oceania, and Indigenous nations.

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Van Doren Waxter in New York is hosting "Portraits," a solo exhibition dedicated to the late American abstract painter Jackie Saccoccio. The show features five paintings and seven works on paper that showcase Saccoccio’s mature style, characterized by a physically demanding process of dragging, pressing, and dripping paint. These works bridge the gap between gestural abstraction and the psychological depth of traditional portraiture, drawing inspiration from both Abstract Expressionism and Roman Baroque aesthetics.

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The U.K. government has placed a temporary export bar on Howard Hodgkin’s painting "Mrs Acton in Delhi" (1967–71) following its record-breaking £1.7 million sale at Bonhams. The move by the Department for Culture, Media, and Sport is intended to provide British institutions or domestic collectors the opportunity to match the price and keep the work within the country. The painting is considered a national treasure due to its aesthetic importance and its role in documenting Hodgkin's transition from Pop art to his signature emotive abstraction.

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Kenny Schachter explores the existential threat posed by the rapid advancement of Artificial Intelligence and its projected impact on the global economy by 2028. Citing the Citrini Report, he highlights a future of mass unemployment among white-collar professionals—the primary demographic for art consumption—who account for over 50% of discretionary spending in the U.S. As tech leaders like Jack Dorsey begin significant workforce reductions attributed to AI, the financial foundation of the art market appears increasingly precarious.

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Chinese authorities have concluded a major investigation into the Nanjing Museum, revealing decades of alleged mismanagement and corruption that led to nationally significant artworks being funneled into the private market.

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Galerie Michael Haas in Berlin is presenting "André Thomkins: Lackskins," a focused exhibition on the Swiss artist's experimental technique developed in the 1950s. Thomkins (1930–1985) created these works by dripping varnish onto water and transferring the floating pigment to paper, a process blending controlled manipulation with chance. The show, running through March 6, 2026, highlights a body of work rediscovered only in the last 15 years, including pieces like "Astronauten" (1962).

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The Winter Show at New York's Park Avenue Armory features a standout booth by the gallery French and Company, presenting a darkly themed collection. The eclectic offerings include Old Master still lifes by Willem Kalf and Willem Claesz Heda, a Victorian ceramic peacock, a 1979 painting by Susan Rothenberg, and a "horror wall" with works like Pasko Vucetic's *Hatred and Madness* and Wilhelm Trübner's *A Gorgon's Head*, all curated by the gallery's Henry Zimet.

new advisory artist money matters 2741237

A new financial consultancy called Artist Money Matters has launched in London, specifically designed to serve artists. Founded by artist and former finance executive Victoria Helena, the firm offers services including pricing advice, contract review, tax preparation, cash-flow planning, and guidance on grants and studio sustainability. It aims to provide artists with the business tools often missing from their education.

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A surge of gallery exhibitions in New York this January focuses on deceased artists and estates, including shows for Marcia Marcus at Olney Gleason, Hung Liu at Ryan Lee, and Lynn Geesaman at Yancey Richardson. This trend reflects a broader shift toward historical reappraisals, with young dealers increasingly taking on artist estates and museums doubling their share of solo shows for dead artists from 18% in 2019 to nearly 50% in 2025.

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Bailly Gallery, a Geneva-based gallery founded in 2007 by Charly and Hanna Bailly with family roots in the art business since 1977, is expanding its presence in Paris by opening a full public gallery space after operating a private showroom there for several years. The new location, which took five years to find, includes both a public exhibition area and two private showrooms designed like apartments, allowing collectors to view works in a domestic setting. The gallery is known for its expertise in Impressionist, Modern, and Postwar art and design.

warren isensees pulsating abstractions put the act of looking to the test 2739914

Warren Isensee's new paintings at Miles McEnery Gallery in Chelsea, New York, explore optical structure with loosened rules, where warm and cool tones trade dominance across repeating frameworks. On view through February 14, 2026, the exhibition is the artist's third solo outing with the gallery and includes a fully illustrated publication with an essay by Stephen Westfall. The works interrupt their own logic, introducing irregular breaks that reroute the eye, creating a test of looking rather than a display of visual effects.

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French artist Claire Tabouret is presenting her full-scale maquettes for Notre-Dame Cathedral's new stained glass windows at the Grand Palais in Paris, in an exhibition titled "In a Single Breath." The six windows, each over 20 feet tall, were selected by a committee from over 100 submissions last December, replacing 19th-century designs by Eugène Viollet-le-Duc. The project has sparked controversy: conservation group Sites and Monuments launched a petition with over 328,000 signatures and a legal case arguing the replacement violates the 1964 Venice Charter and French historic monuments law. A Paris administrative court ruled in favor of the state in late November, but the group plans to appeal. Tabouret's designs are now being fabricated by the historic Atelier Simon-Marq glass workshop.

meet 5 artists transforming photography 2731217

Soho Beach House in Miami has reoriented its art collection around photography in late 2025, featuring works by established figures like Isaac Julien, JR, Laurie Simmons, Marilyn Minter, and Ming Smith alongside emerging artists such as René Matić, Caroline Allison, and Walead Beshty. The rehang, overseen by chief art director Kate Bryan, spans polaroids, performance-derived imagery, collage, and cameraless prints, with a focus on artists who use photography as a tool for broader inquiry.

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A new exhibition titled “Drop, Cloth,” co-curated by Glenn Adamson and Severin Delfs, explores how contemporary artists have reimagined drapery over the past 50 years. The show features 30 works by 25 artists, spanning two Chelsea galleries—Hollis Taggart (through January 10, 2026) and Susan Inglett Gallery (through January 30, 2026). Works range from Sam Gilliam’s seminal *Little Dude* (circa 1972) to recent pieces by Kennedy Yanko, Jenny Morgan, and Chellis Baird, alongside historical pieces by Nina Yankowitz, Lynda Benglis, and Rosemary Mayer. The exhibition traces a lineage of drapery as both subject and material, including shaped canvas, paint skin, ceramic, metal, embroidery, and weaving.

global reach and local appeal defined artissimas latest edition 2731247

Artissima, Italy's only contemporary art fair, closed its 32nd edition on November 2, 2025, at the Oval Lingotto Fiere in Turin, drawing 34,500 visitors and 176 galleries from 36 countries. Directed by Luigi Fassi for the fourth year, the fair ran from October 30 to November 2, featuring 63 monographic presentations and 26 first-time exhibitors. The edition introduced a new 5% VAT rate on artworks in Italy, awarded 13 prizes including the new Vilnius Residency Prize, and saw the Fondazione Arte CRT Acquisition Fund acquire 26 works for GAM Torino and Castello di Rivoli, marking its 25th anniversary. Special projects included "From Japan: Anonymous Art Project" and a film screening by Basim Magdy at Parco Michelotti.

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Artnet News critic Ben Davis presents his annual "art words of the year" for 2025, a curated list of terms that capture prevailing moods and ideas in the art world. The list includes "antimemetics" (from writer Nadia Asparhouva and internet fiction), "cyniserity" (coined by art writer David Colman to describe Anne Imhoff's work), "delightmare" (a horror-adjacent feeling linked to overconsumption and AI art, exemplified by Beeple's Art Basel installation), "elite capture" (from philosopher Olúfẹ́mi O. Táíwò's book, now a tool for critiquing identity politics in art), and "K-shaped" (an economic term describing divergent recovery, applied to gallery closures versus record auction sales).

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Alex Prager has created "Mirage Factory," an immersive installation inside a former Miami Beach cinema that pays tribute to her hometown of Los Angeles while critiquing its illusions. The installation features meticulously crafted sets, a new photograph, and a dining experience by chef Dave Beran, alongside a live performance by Diana Ross. It opened with private events for Capital One cardholders and the Cultivist art club, and is now public through December 4, with proceeds benefiting Heal the Bay.

these galleries dropped out of art basel miami beach heres what happened next 2721784

Several galleries withdrew from Art Basel Miami Beach 2024 amid rising costs and a contracting art market, leaving some like San Francisco's Altman Siegel facing cancellation fees despite closing. Claudia Altman-Siegel, who shut her gallery, owed $22,000 after missing the free-cancellation deadline. Other dealers, including Miguel Abreu, Tilton Gallery, and Sperone Westwater, navigated the fair's strict payment terms for different reasons—some pulling out early to avoid penalties, others proceeding despite business challenges. The fair proceeded with 283 exhibitors and reported strong sales, including an $18.5 million Joan Mitchell painting, signaling a potential market upturn.

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A school district in Watertown, New York, is facing potential legal action from the American Center for Law and Justice (ACLJ), a conservative Christian legal organization, after a middle school art teacher assigned students to visit the Keith Haring Foundation website and interpret two of the artist's works from the 1980s. Parents complained at a school board meeting that the assignment exposed 11- and 12-year-olds to sexually explicit content. The ACLJ sent a letter to Superintendent Larry Schmiegel on November 21, demanding a reprimand for the teacher, parental consent forms for future sensitive content, and counseling for affected students, threatening litigation if the district did not respond by December 1. The teacher resigned in November but was rehired as an English teacher.

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Japanese artist Mariko Mori presents "Radiance," a new body of work at Sean Kelly Gallery in New York, exploring ancient Japanese cosmologies and spiritual traditions through ultra-contemporary materials. The exhibition features a shrine-like installation with hanging white silk, faceted dichroic sculptures such as *Oshito Stone III* and *Kamitate Stone I* (both 2025), and a series of "Unity" photo paintings that blend art, science, and spirituality. The show runs through December 20, 2025.

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Tristan Unrau, a 36-year-old Los Angeles-based painter originally from Canada, creates works that deliberately avoid a singular style, instead copying or channeling a vast range of art historical sources—from Old Masters and Modernists to cartoons and photorealism. His pluralistic approach has earned him a dedicated following, and David Kordansky Gallery announced representation of the artist this fall, planning a major solo exhibition in Los Angeles in March 2026. Unrau, who earned his MFA at UCLA, is currently preparing for that show in his East Hollywood studio, producing paintings that reference artists such as Bruegel, Jean-Luc Godard, František Kupka, Emil Nolde, and Willem de Kooning.

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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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Jacob Hashimoto presents a new solo exhibition at Miles McEnery Gallery in New York, featuring his signature constructions of screen-printed paper discs assembled into layered, three-dimensional compositions that blur the line between painting and sculpture. The show, his third with the gallery, includes works such as "The Promise of Other Inventions (that worked better)" (2025) and "No, No My Friends, We Will Not" (2025), and is accompanied by a fully illustrated publication with an essay by art critic and professor David Pagel.