the art market has lost its grip on price

Former Sotheby's rainmaker Brooke Lampley, now a director at Gagosian, discusses the art market's loss of control over pricing, citing a failed $70 million Alberto Giacometti bust at auction as a symptom of deeper market confidence issues. The article traces the evolution of art pricing from opaque, dealer-driven norms to a data-rich system enabled by Artnet's Price Database in 1989, which fueled a price spiral and attracted speculators. Now, in 2025, the market faces a correction with auction sales down 27.3 percent to $10.2 billion, and buyers are pausing as traditional pricing signals become scrambled.

the 2026 preis der nationalgalerie maurizio cattelan

Maurizio Cattelan has been awarded the 2026 Preis der Nationalgalerie, administered by Berlin’s Nationalgalerie. The prize, given every two years to an influential contemporary artist, includes a solo exhibition at the Neue Nationalgalerie. Cattelan was selected by a jury of international directors including Emma Lavigne, Sam Keller, and Klaus Biesenbach. His exhibition will open in September 2026 during Berlin Art Week, curated by Biesenbach and Lisa Botti. Cattelan previously co-curated the 4th Berlin Biennale in 2006.

philadelphia art museum director dismissed sasha suda

Sasha Suda, director and CEO of the Philadelphia Art Museum (formerly the Philadelphia Museum of Art), was dismissed on Tuesday. Reports from the Philadelphia Inquirer and Philadelphia Magazine indicate she was terminated for “cause” via email, though the specific reasons were not disclosed. The dismissal follows controversy over the museum’s recent rebranding, which was criticized online and reportedly caught board members off guard. Suda, who joined in 2022 after leading the National Gallery of Canada, faced internal dissent from unionized staff and tense negotiations, as well as the departure of deputy director Carlos Basualdo. The museum has also struggled with a deficit and declining attendance since the pandemic.

future of the art world andras szanto review

András Szántó has published the third volume of his trilogy on the future of museums and the art world, titled "The Future of the Art World." The book compiles 38 interviews conducted between April 2024 and June 2025 with a wide range of art-world stakeholders, including artists, curators, collectors, dealers, auctioneers, art fair directors, sociologists, philosophers, and policymakers. Unlike his previous books, which focused on museum directors and architects, this volume gives significant voice to artists, who offer provocative critiques and predictions about the future of museums, art education, and digital art.

almaty museum of arts kazakhstan opens

The Almaty Museum of Arts (ALMA) opened on September 12 in Kazakhstan's largest city, becoming the country's first private museum dedicated to modern and contemporary art. Founded by auto and real estate tycoon Nurlan Smagulov, the museum houses his collection of over 700 artworks by Kazakh, Central Asian, and international artists. Led by artistic director Meruyert Kaliyeva and chief curator Inga Lāce, the museum's opening features a retrospective of Almaty-born artist Almagul Menlibayeva and a group show titled "Qonaqtar" that explores Kazakh art history and hospitality.

jeff koons split rocker lacma resnicks

Lynda and Stewart Resnick have donated a monumental Jeff Koons sculpture, *Split-Rocker*, to the Los Angeles County Museum of Art (LACMA). The 37-foot-tall work, made of a metal skeleton and planted with 50,000 flowers, resembles a hybrid toy head—half rocking horse, half dinosaur. It will be installed near a new group of galleries endowed by trustee David Geffen. The Resnicks listed an unnamed piece given to LACMA on their 2023 tax filings valued at $9.6 million. The donation is part of director Michael Govan’s long-term plan to add another major sculpture to LACMA’s campus, alongside works like Chris Burden’s *Urban Light* and Tony Smith’s *Smoke*.

obama portrait national portrait gallery

The Smithsonian's National Portrait Gallery in Washington, DC, unveiled the official portraits of former President Barack Obama and former First Lady Michelle Obama on February 12, 2018. The portraits were painted by Kehinde Wiley and Amy Sherald, respectively, marking the first time the museum has commissioned African American artists to paint a presidential couple. The ceremony was attended by notable figures including former Vice President Joe Biden, director Steven Spielberg, and actor Tom Hanks. Wiley depicted Obama seated in a chair surrounded by botanicals symbolizing his heritage, while Sherald painted Michelle Obama in her signature grayscale palette wearing a geometric dress inspired by Piet Mondrian and Gee's Bend quilts.

here are the winners of the first art basel awards

Art Basel has announced the winners of its first-ever Art Basel Awards, a new global honors program recognizing excellence across the contemporary art world. The 36 medalists include artists such as David Hammons, Lubaina Himid, Joan Jonas, and Adrian Piper, as well as patrons, curators, museums, and other art-world figures. The awards were unveiled at a press event in New York, with CEO Noah Horowitz and director Vincenzo de Bellis outlining the structure: medalists will later select 12 gold medalists, with up to six artists receiving $50,000 each and a commission for the 2026 Art Basel fair. The jury includes prominent museum directors and curators from around the world.

art institute of chicago investigation james rondeau

James Rondeau, president and director of the Art Institute of Chicago since 2016, has voluntarily stepped away from his role amid an investigation into an alleged incident on a flight from Chicago to Munich in April. According to a CBS News report citing anonymous sources, police were called after a passenger reportedly stripped off his clothes following consumption of alcohol and prescription medication; sources identified that passenger as Rondeau. The museum confirmed it has opened an independent investigation and that Rondeau is taking time off during the process.

The US Pavilion Is Taking Online Donations

The American Arts Conservancy (AAC), the nonprofit tasked with executing Alma Allen's 2026 US Pavilion at the Venice Biennale, is soliciting online donations from the public after receiving no corporate or foundation funding. Unlike previous pavilions backed by major foundations like Ford and Mellon, AAC's fundraising relies on private citizens, with a minimum $100 donation requested via its website. The State Department provided $375,000 but requires additional funding, and AAC's Executive Director Jenni Parido, a former pet food store owner, declined to name specific donors, though Instagram posts suggest wealthy Trump allies attended benefit events. Perrotin Gallery, which represents Allen, is providing operational support but not funding.

Remembering Desmond Morris, James Hayward, and Flo Oy Wong

This week's obituaries mark the passing of several significant figures in the visual arts. They include British surrealist painter and zoologist Desmond Morris, known for his 'biomorph' paintings and experiments with chimpanzee art; West Coast monochrome abstractionist James Hayward, who developed a cult following for his thickly painted canvases; and Chinese American artist Flo Oy Wong, a foundational storyteller of Oakland's Chinatown and the Asian American experience. Also remembered are assemblage artist Aldwyth, Ethiopian painter and educator Behailu Bezabih, Anglo-Irish conservator and designer Alec Cobbe, Bangladeshi art director Tarun Ghosh, and New Mexico painter Michael Hurd.

Guggenheim Museum Gets a New Director

The Solomon R. Guggenheim Museum has appointed Melissa Chiu as its next director, succeeding Richard Armstrong. Chiu joins the New York flagship institution after a twelve-year tenure at the Smithsonian’s Hirshhorn Museum and Sculpture Garden in Washington, D.C., and is expected to assume her new role this coming September.

At the Grand Palais, the Art Paris 2026 Fair is Rich with Great Promise

Au Grand Palais, la foire Art Paris 2026 riche de belles promesses

The Art Paris 2026 fair is set to return to the Grand Palais, solidifying its reputation as a vibrant, French-focused alternative to the more elite Art Basel Paris. Under the long-term leadership of artistic director Guillaume Piens, the edition will feature 165 exhibitors, with a deliberate 60% representation of French galleries. The fair's structure includes the "Promesses" sector for emerging galleries curated by Marc Donnadieu, alongside two major thematic paths: "Babel – Art and Language in France" curated by Loïc Le Gall, and "Reparation" curated by Alexia Fabre.

John Chamberlain’s Former Studio Hosts a Star-Studded New Interview Series

The John Chamberlain Estate is launching "ON THE COUCH," a biweekly filmed interview series hosted by estate director Alexandra Fairweather, timed to what would have been the sculptor's 100th birthday. Season one features eight cultural figures including artist Daniel Arsham, architect Annabelle Selldorf, fashion designer Alexander Wang, interior designer Sasha Bikoff, entrepreneur Jon Gray, and painter David Salle. Episodes will be filmed at Chamberlain's former studio on Shelter Island, now a private museum, with guests seated on his iconic foam couches. The series launches May 19 across major streaming platforms.

A mind-bending Spaniard, an imagistic Puerto Rican and a lush Latvian – the week in art

This week's art roundup from The Guardian features a major exhibition on Spanish painter Francisco de Zurbarán at the National Gallery in London, described as a mind-bending and revelatory show with loans from the Prado and other top museums, positioning him alongside Goya and Picasso. Other highlights include Gilbert & George's tribute to their late homeless friend at their London centre, outdoor sculptures by Lynn Chadwick at Houghton Hall, thickly built-up paintings by Angel Otero at Hauser & Wirth Somerset, and abstract works by Latvian sculptor Daiga Grantina at Warwick Arts Centre. The article also covers a new Banksy statue in central London depicting a man marching with a flag, and a Masterpiece of the Week feature on Guido Reni's 'Saint Mary Magdalene'.

Why London’s Whitechapel Gallery Hired an Economist

London's Whitechapel Gallery has appointed economist Mariana Mazzucato as its first economist-in-residence, a three-year role aimed at rethinking how museums generate revenue and demonstrate social value. The gallery faces a £880,458 deficit, a 325% increase from the previous year, due to declining exhibition income, reduced trust and foundation funding, and cuts in Arts Council England grants. Mazzucato, a professor at University College London and director of the Institute for Innovation & Public Purpose, will advocate for treating culture as a strategic public investment.

tefaf 2026 female old masters

The 2024 edition of TEFAF Maastricht has opened with a significant focus on rediscovered female Old Masters, highlighted by the third annual 'Map of Women Artists' which now features over 670 works. Major dealers like Lullo Pampoulides and Koetser Gallery are showcasing high-value pieces by Artemisia Gentileschi, Virginia da Vezzo, and Michaelina Wautier, drawing immediate attention from institutional leaders including Metropolitan Museum of Art director Max Hollein.

Cosima von Bonin’s sculptures star in Loewe’s fall/winter 2026 runway show.

Cosima von Bonin’s sculptures star in Loewe’s fall/winter 2026 runway show.

German artist Cosima von Bonin’s large-scale, fabric-based sculptures were integrated directly into Loewe’s fall/winter 2026 runway show during Paris Fashion Week. Creative director Jonathan Anderson placed her oversized, characteristically enigmatic soft sculptures—including a giant lobster and a crumpled cigarette—amidst the models, transforming the presentation into a moving exhibition. This collaboration continues Anderson’s practice of merging high art with high fashion on the runway.

open art museum directorships in the united states list

A significant number of American art museums are currently without a permanent director, or will soon be. Recent departures include Sally Tallant from the Queens Museum to lead London's Hayward Gallery, and David Brenneman from Telfair Museums due to a medical condition. Other high-profile vacancies include the National Portrait Gallery, MOCA Los Angeles, the New Museum, the Portland Art Museum, the Amon Carter Museum of American Art, the Clark Art Institute, the Newark Museum of Art, and the Smithsonian American Art Museum, among many others across various budget sizes and regions.

hayward gallery london sally tallant director

brandon stanton dear new york grand central installation

Brandon Stanton, the photographer behind Humans of New York, has transformed Grand Central Terminal and its subway station into a massive public art installation titled "Dear New York." Running through October 19, the installation replaces over 150 digital screens typically used for advertising with thousands of portraits and stories from Stanton's archive, making it the largest public art installation in New York City in decades. The project, created in collaboration with creative director David Korins, also features live music performances by Juilliard School students and a piano donated by Steinway & Sons.

ralph rugoff leaves hayward gallery

Ralph Rugoff, curator of the 2019 Venice Biennale, is leaving his post as director of the Hayward Gallery after 20 years. The Southbank Centre announced his departure for spring 2026, after which he will work as an independent curator and writer. During his tenure, the Hayward staged acclaimed shows like “Kiss My Genders!,” surveys for Kader Attia and Tracey Emin, and Rugoff was named an Officer of the Order of the British Empire in 2019. He previously led the Wattis Institute for Contemporary Art in San Francisco.

whitney museum new york isp open letter artists

More than 100 artists and scholars, including Emily Jacir, Hans Haacke, and Michael Rakowitz, have signed an open letter defending Dr. Sara Nadal-Melsió, the former associate director of the Whitney Museum of American Art's Independent Study Program (ISP), whose position was eliminated in June 2025. The termination followed the cancellation of a pro-Palestine performance titled "No Aesthetic Outside My Freedom: Mourning, Militancy, and Performance" by artists Fadl Fakhouri, Noel Maghathe, and Fargo Tbakhi, scheduled for May 12, 2025. The museum canceled the event after viewing a recording where a performer asked attendees who "believe in Israel in any incarnation" to leave. Nadal-Melsió had published a protest letter against the cancellation, leading to her dismissal. The open letter also demands the reopening of the ISP, which was suspended for the 2025-2026 program.

richard hambleton obituary

Richard Hambleton, the Canadian street artist known for his iconic "shadowman" silhouettes that appeared on New York City walls in the 1980s, died on Sunday at age 65, as confirmed by Woodward Gallery. Hambleton emerged alongside Jean-Michel Basquiat, Keith Haring, and Kenny Scharf in the downtown graffiti scene, but a long battle with heroin and crack addiction plagued his life. His career saw a resurgence following a documentary by Oscar-nominated director Oren Jacoby, which premiered at the Tribeca Film Festival in April, leading to renewed exhibitions including his participation in "Club 57: Film, Performance and Art in the East Village, 1978-1983" at the Museum of Modern Art.

rhea dillon joyce joumaa baloise art prize art basel

The Baloise Art Prize, worth $36,800, has been awarded to artists Rhea Dillon and Joyce Joumaa at Art Basel. Dillon's "Leaning Figures" sculptures, made from soap and molasses, were presented by London's Soft Opening gallery. Joumaa's installation "Periodic Sights," shown by Montreal's Eli Kerr Gallery, features photographs of Tripoli and Beirut commenting on energy crises in Lebanon. The prize is given annually to two artists in the fair's Statements sector.

hepworth wakefields director simon wallis to become royal academys new secretary and chief executive in september

Simon Wallis, director of the Hepworth Wakefield, has been appointed as the new secretary and chief executive of London’s Royal Academy of Arts (RA), starting in September. He replaces Axel Rüger, who left in October to lead the Frick Collection in New York. Wallis brings extensive experience from previous roles at Chisenhale Gallery, the ICA, Tate Liverpool, and Kettle’s Yard. His appointment comes as the RA undergoes restructuring, having cut 15% of its workforce in April to ensure future sustainability.

artists pull work whitney isp show palestine performance canceled

A group of artists participating in the Whitney Museum's Independent Study Program (ISP) have withdrawn their work from a capstone exhibition at Westbeth Gallery to protest the museum's cancellation of a pro-Palestine performance. The performance, titled "No Aesthetics Outside My Freedom: Mourning, Militancy, and Performance," by artists Fadl Fakhouri, Noel Maghathe, and Fargo Tbakhi, was scheduled for May 12 as part of the ISP curatorial exhibition "a grammar of attention." The Whitney canceled it after viewing a recording of an earlier presentation, citing the performers' demand that attendees who believe in Israel leave the audience and the valorization of specific acts of violence. ISP Associate Director Sara Nadal-Melsió stated that the cancellation was imposed by Whitney leadership, including director Scott Rothkopf, and that the independence of the ISP has been seriously compromised.

warhol frankenthaler foundation fund nea

The Andy Warhol Foundation for the Visual Arts and the Helen Frankenthaler Foundation have announced an $800,000 fund to support 80 visual arts programs at small and mid-sized organizations across the United States. Each recipient, previously funded through the National Endowment for the Arts' Challenge America initiative, will receive $10,000 to advance projects stalled after the Trump administration suspended that federal program. The announcement comes amid broader cuts to federal arts funding, including the departure of all 10 NEA grant directors and the termination of grants for organizations like n+1, SculptureCenter, Queer Art, and A.I.R. Gallery, which received notices citing misalignment with the administration's priorities.

When Beauty Appears: Lee Mingwei Interviewed by Rhana Devenport

Taiwanese American artist Lee Mingwei presents his largest non-museum exhibition to date, "Lorsque La Beauté Paraît (When Beauty Appears)," at Perrotin in Paris. The show brings together seven invitational projects, including works like *The Mending Project* (2009–) and *The Moving Garden* (2009–). In an interview with Australian curator Rhana Devenport, Lee discusses the political dimensions of beauty, the restorative power of gift-giving, and the courage required for small acts of kindness among strangers. The exhibition is curated by Thierry Raspail, co-founder of the Lyon Biennale and director of the Lyon Museum of Contemporary Art.

Memory, Migration, Materiality: 12 Artists to Watch During Alserkal Art Month

Alserkal Art Month (April 18–May 18, 2026) in Dubai features a district-wide initiative of exhibitions and events, anchored by the group show "Déjà Vu" at Concrete, Alserkal Avenue (April 25–May 8). Curated by Kevin Jones, Nada Raza, and Zaina Zaarour, the exhibition brings together over 50 artists from 20 UAE-based galleries, centering on themes of memory, displacement, and cultural inheritance. The article profiles 12 standout artists, including Shahpour Pouyan and Juma Al Haj, whose works translate these tensions into materially inventive and conceptually rigorous practices.