Tokyo's museums have announced their 2026 exhibition schedules, featuring a diverse lineup of international and domestic shows. Highlights include 'YBA & Beyond: British Art in the 90s from the Tate Collection' at the National Art Center, a major retrospective of Hajime Sorayama at the Creative Museum Tokyo, and a solo exhibition of Lithuanian artist M. K. Čiurlionis, alongside shows by Picasso, Ron Mueck, Hiroshi Sugimoto, and Minami Tada.
The article presents a curated selection of upcoming art exhibitions across major global cities in 2026, highlighting key shows in Paris, New York, and Tokyo. In Paris, notable exhibitions include a Georges de la Tour show at the Musée Jacquemand-André, a Renoir retrospective at the Musée d'Orsay, and a Henri Rousseau exhibition at the Musée de l'Orangerie. New York features solo shows of Egon Schiele at the Neue Galerie, Thomas Gainsborough at the Frick Collection, and Paul Klee at the Jewish Museum, while Tokyo focuses on women artists from the 1950s and 60s at the National Museum of Modern Art and a centennial exhibition at the Tokyo Metropolitan Art Museum.
The article reviews the art world in 2025, highlighting a mixed year of declining sales values and cautious buyers, yet punctuated by record-breaking auctions and dramatic events. Fine art auction sales in the first half of 2025 totaled $4.7 billion, an 8.8% drop from 2024, with the average lot price falling to a decade-low of $24,224, indicating a shift toward lower-value works and younger collectors. Major sales included Gustav Klimt's Portrait of Elisabeth Lederer, which sold for $236 million at Sotheby's, becoming the second most expensive artwork ever auctioned, and Frida Kahlo's El sueño, which set a new auction record for a female artist at $55 million. The market was also unsettled by U.S. trade tariffs and economic uncertainty, while a daring heist and debates around AI art captured public attention.
The article, published by TheValue.com in partnership with AIG, provides expert analysis and insights from New York’s November auction week. It covers key sales, market trends, and notable results from major auction houses including Christie's, Sotheby's, and Phillips, with commentary from specialists and market observers.
The Studio Museum in Harlem reopened in November 2025 after a seven-year reconstruction, unveiling a new building designed by Adjaye Associates and Cooper Robertson that incorporates architectural elements of Harlem, such as masonry-framed windows and a staircase evoking brownstone stoops. The reopening featured a major exhibition highlighting alumni from its renowned artist-in-residence program, which began in 1968 with Tom Lloyd as the first recipient. Founded by Charles E. Innis and a coalition of artists, activists, and philanthropists, the museum has long served as a nexus for artists of African descent, expanding the canon of Black art during the civil rights and Black Power movements.
Sotheby's has opened its new global headquarters in the Breuer Building on Madison Avenue, New York, with an exhibition titled "Icons: Back to Madison" featuring 27 contemporary art masterpieces valued at over $2 billion. Highlights include Jean-Michel Basquiat's "Untitled" (1982), which sold for $110.5 million in 2017, and Andy Warhol's "Shot Orange Marilyn" (1964), reportedly sold privately for $200 million. The show offers a rare public viewing of works typically held in private collections, including pieces owned by billionaire collector Kenneth C. Griffin.
Rapper 21 Savage and British-Nigerian artist Olaolu Slawn (known as Slawn) took over Atlanta's High Museum of Art to celebrate the release of Savage's new album, *What Happened to the Streets?*. The exhibition featured 15 original artworks co-created by the duo, including the album's cover art inspired by Kerry James Marshall's 1980 painting “A Portrait of the Artist as a Shadow of His Former Self,” eight portraits of collaborators (Drake, Latto, G Herbo, Lil Baby, Jawan Harris, GloRilla, Metro Boomin, Young Nudy), and four additional paintings from the album's 4-CD cover art series. The event follows their Art Basel rollout, which included a 20-foot inflatable sculpture roaming Miami.
The Bo Bartlett Center in Columbus, Georgia, is hosting the exhibition "We Are the Drum and the Scribe: Black Art In America Collection" from January 20 to May 16. The show features over 40 works from the private collection of Najee & Seteria Dorsey and Black Art In America (BAIA), including pieces by Kerry James Marshall, Wadsworth Jarrell, David Driskell, and contemporary artists like Dr Fahamu Pecou and Alfred Conteh. A public reception is scheduled for February 19th.
Frank Gehry, the legendary architect who transformed the global architectural landscape with his deconstructivist style, has died in Santa Monica on 5 December. The article traces his career from his early days remodeling his own Santa Monica home—a controversial project that used corrugated metal, plywood, and chain-link fencing—to his rise as a Pritzker Prize winner and the creator of the iconic Guggenheim Museum Bilbao (1997). Gehry, born Ephraim Goldberg in Toronto in 1929, studied at the University of Southern California and Harvard before founding Frank O. Gehry & Associates in 1962, and spent over six decades championing buildings that embraced emotion and movement over cold minimalism.
At Art Basel Miami Beach, one year into Donald Trump’s second presidential administration, most galleries are avoiding overt political themes, though a few notable exceptions stand out. The most talked-about piece is Maurizio Cattelan’s marble sculpture *Bones (2025)*, a crashing eagle metaphor for the nation’s state, shown on Gagosian’s stand. Other politically charged works include Nicholas Galanin’s burned totem pole and drone-inspired rug, David Hammons’ *African American Flag (1990)*, and Tim Youd’s typewriter performance of Hunter S. Thompson’s book. Most exhibitors, however, focus on apolitical American iconography or market-driven choices.
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Gustav Klimt's "Portrait of Elisabeth Lederer" sold at Sotheby's for $236.4 million on November 20, 2025, becoming the most expensive modern artwork ever auctioned and the second most expensive painting overall. The life-size oil painting, created between 1914 and 1916, depicts the 20-year-old daughter of prominent Jewish art collectors. After a 20-minute bidding war starting at $130 million, an anonymous telephone bidder won the work, which had been owned by cosmetics heir Leonard Lauder until his death in June 2025.
Sotheby’s New York held its Now & Contemporary Evening Auction on November 18 at the newly opened Breuer building, featuring works by Black artists. Noah Davis’s “The Casting Call” (2008) sold for $2 million, setting a new auction record for the late artist, while Antonio Obá’s “Alvorada – Música Incidental Black Bird” (2020) achieved $1.016 million, nearly ten times its low estimate. However, major paintings by Barkley L. Hendricks and Kerry James Marshall went unsold, highlighting a mixed market for exceptional figurative works. The auction followed a blockbuster sale of Leonard A. Lauder’s collection, where Gustav Klimt’s portrait sold for $234 million.
Christie’s 21st-century evening sale at Rockefeller Centre in New York on 19 November achieved $99.5 million before fees ($123.5 million with fees), surpassing last November’s equivalent sale of $106.5 million with fees. The sale featured 45 lots, with only one unsold (a Cecily Brown abstract), resulting in a 2% buy-in rate. Three artist records were set for Firelei Báez, Joan Brown, and Olga de Amaral. A major highlight was the collection of Chicago collectors Gale Neeson and the late Stefan Edlis, comprising 19 lots that realized $40.3 million ($49.2 million with fees), including works by Andy Warhol, Richard Prince, and Diego Giacometti. Other notable sales included Cindy Sherman’s *Untitled Film Still #13* (1978) at $2.2 million with fees, Ed Ruscha’s *How Do You Do?* at $6.7 million with fees, and a Warhol *The Last Supper* (1986) sold to Paris dealer Frederic Larroque for $8.1 million with fees.
Gustav Klimt's portrait of Elisabeth Lederer sold for $236 million (£180 million) at Sotheby's in New York, setting a new record for the most expensive work of modern art ever sold at auction. The painting, completed between 1914 and 1916, depicts the daughter of Klimt's most important patrons and was part of the collection of the late cosmetics billionaire Leonard Lauder, who had purchased it in 1985. The sale took place during Sotheby's first evening sale at its new Manhattan headquarters, with bidding starting at $130 million and narrowing to two contenders before the hammer fell at $236 million.
Sotheby's New York held a landmark auction evening on November 18, 2025, featuring two headline-grabbing lots: Gustav Klimt's 'Portrait of Elisabeth Lederer' (1914-16), which sold for $236.4 million, becoming the most expensive modern artwork ever sold at auction, and Maurizio Cattelan's solid-gold toilet 'America', which sold for a disappointing $12.1 million after a single bid. The Klimt came from the collection of the late cosmetics heir Leonard Lauder, whose two-night auction total reached $527.5 million. The toilet, previously owned by investor Steve Cohen, had been commissioned when gold prices were far lower, ensuring the seller a profit regardless of the modest bidding.
The article reports on major auction results from Christie's, Bonhams, and other houses, including a $700 million evening sale at Christie's and a Norman Rockwell painting sold for $7.25 million linked to former President Donald Trump. It also highlights notable consignments and bidding activity from high-profile collectors and estates.
Christie's kicked off New York's November auction season with a double-header 20th-century evening sale on November 17, generating $574.7 million before fees and $690 million with fees. The sale featured 80 lots, including 18 from the collection of supermarket magnate Robert Weis and his wife Patricia Ross Weis, with highlights such as Pablo Picasso's *La Lecture (Marie-Thérèse)* selling for $45.4 million and Mark Rothko's *No. 31 (Yellow Stripe)* achieving $62.1 million. Two artist records were set, including for Leonor Fini, and the sale achieved a 94% sell-through rate, with 59 lots backed by third-party or house guarantees.
New York City's autumn art scene features a diverse array of exhibitions across major museums. At the Metropolitan Museum of Art, "Man Ray: When Objects Dream" showcases 60 rayographs alongside 100 paintings and prints, exploring the artist's camera-less photography technique. The Brooklyn Museum presents "Monet and Venice," placing 19 of Monet's Venetian paintings in dialogue with works by John Singer Sargent and others, while also hosting "Breaking the Mold: Brooklyn Museum at 200," a retrospective on the institution's two-century history. The New York Historical Society offers "The Gay Harlem Renaissance," highlighting queer Black artists and writers of the Harlem Renaissance, and "The New York Sari," examining South Asian women's fashion influence since the Gilded Age.
Nine artists are featured in major museum exhibitions this year and next, including John Singer Sargent at the Musée d'Orsay, Alexander Calder at Calder Gardens and the Whitney Museum, Beauford Delaney at the Studio Museum in Harlem, Man Ray at the Metropolitan Museum of Art, and Cecily Brown at the Barnes Foundation. The article highlights key shows such as Sargent: Dazzling Paris, High Wire: Calder's Circus at 100, and When Objects Dream, each presenting significant works and historical context.
Christie's will auction over 40 works from the collection of the late Stefan Edlis and his wife Gael Neeson, beginning with the 21st Century Evening Sale on 19 November and the Post-War & Contemporary Art Day Sale on 20 November in New York, with additional offerings continuing through 2026. The collection, housed in the couple's Chicago residence, includes iconic pieces by artists such as Ed Ruscha, Urs Fischer, Jeff Koons, Cindy Sherman, and Diego Giacometti, reflecting a blend of avant-garde, Pop, and Art Deco design.
The Fondation Louis Vuitton in Paris is opening a massive retrospective of Gerhard Richter's work, featuring 275 pieces spanning his entire career from the 1960s to recent ink-cloud drawings. Curated by Dieter Schwarz and Nicholas Serota at Richter's own suggestion, the exhibition is strictly chronological and occupies over 3,000 square meters of Frank Gehry-designed gallery space. It includes iconic works like *Uncle Rudi* (1965) and *Table* (1962), alongside very recent small-scale drawings, and draws from both public and private collections.
Property developer Rajan Bijlani, based in north London, has turned his home Fonthill Pottery—formerly the residence and studio of ceramicist Emmanuel Cooper—into a showcase for his collection of 20th-century design, sculpture, and paintings. His focus is Modernist furniture, particularly works by Pierre Jeanneret, one of the architects of Chandigarh, India. Bijlani owns over 500 pieces, including Jeanneret's 1960 Dining Table and Easy Chairs (1956), as well as works by Le Corbusier and George Nakashima. He staged his first home exhibition last year featuring South Asian diaspora artists, and this year presents 'Electric Kiln,' pairing Jeanneret and Le Corbusier pieces with works by Cooper, Lucie Rie, and Frank Auerbach. Some works are for sale to fund future shows, including a Japan-themed exhibition and one timed to London Gallery Weekend.
Art Basel Paris is underway, and this article highlights 17 must-see museum shows across the city. Key exhibitions include a joint tribute to Niki de Saint Phalle, Jean Tinguely, and Pontus Hultén at the Grand Palais; a Rick Owens fashion retrospective at Palais Galliera; the first French monographic show of John Singer Sargent at the Musée d'Orsay, featuring his scandalous 'Portrait of Madame X'; a Bridget Riley exhibition exploring her debt to Georges Seurat; a Minimalism survey at the Bourse de Commerce; and a major Jacques-Louis David retrospective at the Louvre marking the bicentenary of his death.
Christie's will hold a series of modern and contemporary art auctions and events in Paris during late October 2025, coinciding with the fourth edition of Art Basel Paris. The sales feature major works including a monumental Yves Klein monochrome (estimate on request), Alberto Giacometti's 'Femme debout' (€5-7M), Paul Signac's 'La Passerelle Debilly' (€4-6M), and pieces by Pierre Soulages, Pierre-Auguste Renoir, and others. The week opens on October 23 with 'Moderne(s), une collection particulière européenne,' a private collection of 40 European avant-garde works, followed by the flagship 'Avant-Garde(s) including Thinking Italian' sale.
The Studio Museum in Harlem, founded in 1968 in a rented loft above a liquor store, will open its first purpose-built 82,000-square-foot building on West 125th Street this fall, following a landmark $300 million capital campaign led by director and chief curator Thelma Golden. Designed by Adjaye Associates with Cooper Robertson, the new facility doubles the exhibition and studio space and includes dedicated areas for performance, education, and public programs. The museum, which has operated without a permanent space since 2018, has been a pioneering platform for artists of African descent, launching the careers of figures like David Hammons, Kerry James Marshall, Glenn Ligon, and Simone Leigh through its groundbreaking exhibitions and artist-in-residence program.
London art dealer Ben Hunter is bucking the trend of gallery closures by expanding his gallery into a full townhouse at 44 Duke Street in St James’s, set to open this October. Hunter, who previously worked for Old Master dealer Derek Johns and sculpture specialist Robert Bowman, founded his gallery in 2018 and has gradually taken over more space in the building as other tenants left. The historic townhouse was originally where Jay Jopling launched White Cube in 1993. Hunter cites the need to match the ambition of his artists and seize opportunities as key reasons for the expansion, despite the challenging market.
Yayoi Kusama's retrospective at the National Gallery of Victoria (NGV) in Melbourne became the most visited exhibition in Australian history, drawing 570,537 ticket holders from December 2024 to April 2025. The show broke the museum's previous record set by the 2017 exhibition "Van Gogh and the Seasons," which sold 462,262 tickets. Featuring over 200 artworks spanning nine decades, including 10 infinity rooms and early drawings from age nine, the exhibition attracted a diverse audience that included celebrities like Billie Eilish, Dua Lipa, Troye Sivan, and Finneas.
Allen Rosenbaum, the former director of the Princeton University Art Museum who led the institution from 1980 to 1999, died on August 3, 2025, at Calvary Hospital in New York City at age 88. Rosenbaum joined Princeton in 1974 as assistant director under Peter Bunnell, and during his 25-year tenure as director, he significantly expanded the museum's collections, adding major works such as Giulio Cesare Procaccini's "The Martyrdom of Saint Justina," Pinturicchio's "Saint Bartholomew," and Pietro da Cortona's "Saint Martina Refuses to Adore the Idols." He also oversaw the 1989 opening of the Mitchell Wolfson Jr. Wing, which added 27,000 square feet of exhibition space.
The article previews seven major art exhibitions opening across the United States this fall, from New York City to San Francisco. Highlights include a rare U.S. retrospective of Finnish painter Helene Schjerfbeck at the Metropolitan Museum of Art, the first comprehensive U.S. survey of Afro-Cuban surrealist Wifredo Lam at the Museum of Modern Art, and a long-overdue museum retrospective for multimedia artist Suzanne Jackson at the San Francisco Museum of Modern Art. Other featured shows include Yoko Ono's traveling retrospective at the Museum of Contemporary Art Chicago.
The Metropolitan Museum of Art has announced its MetLiveArts fall and winter 2025–26 season, featuring world premiere performances and commissions created specifically for the museum's galleries, as well as concerts in the Grace Rainey Rogers Auditorium. The season highlights a significant number of new works by female artists, including composers and musicians Gabriela Ortiz, Wu Man, Hanzhi Wang, Emily Wells, Layale Chaker, and Leilehua Lanzilotti. Performances will draw inspiration from the Met's collection and special exhibitions like 'Man Ray: When Objects Dream,' with events beginning September 9, 2025, featuring Wu Man and The Knights. The season also includes the JACK Quartet as the museum's 2025–26 Quartet in Residence and the appointment of Sarah Jones as Head of Live Arts.