Art Market Auctions Recovered Late 2025, But Not A "Comeback" – Citi Wealth

Citi Wealth's report, "State of the Art Market 2026: Don’t Call It A Comeback," finds that the global art market entered 2026 with renewed optimism, but confidence is highly selective and concentrated at the high and accessible ends. The November 2025 Modern and Contemporary Art auctions in New York surged 77% year-on-year to $2.2 billion, driven by the record-breaking $236.4 million sale of Gustav Klimt's *Portrait of Elisabeth Lederer* from the Leonard Lauder collection. However, numerous galleries closed in 2025, including BLUM gallery and Venus Over Manhattan, and traditional hubs like London and New York face slow growth while emerging regions gain influence.

huxley parlour lisa sanditz

American artist Lisa Sanditz presents a suite of nine new works in her solo exhibition “Big Boy” at Huxley-Parlour in London, on view through May 31, 2025. The show, her third with the gallery, explores power dynamics within families and across generations through formal devices such as exaggerated scale, vibrant color, and playful imagery. Key works like "Big Boy/Big Gulp" (2025) and "Big Cat" (2025) use a hierarchy of scale rooted in medieval and ancient art traditions to reflect emotional and psychological tensions, while also commenting on broader societal and political shifts in America amid climate change.

Islamic Futurism Here and Now

Hyperallergic's daily newsletter highlights several key art world stories, including a protest by nearly 200 artists, curators, and staff at the 61st Venice Biennale calling for Israel's exclusion from the event. It also features a guide to New York's spring art fairs, a new exhibition on Frida Kahlo, a campaign against a Palestinian artist in Germany, and a profile on artists advancing Islamic Futurism through calligraphy and installation.

Iran Withdraws From 2026 Venice Biennale

Iran has withdrawn from the 2026 Venice Biennale, the world's most important art event, organizers announced on May 4. No official reason was given, but the withdrawal comes amid an uncertain ceasefire in Iran's war with the United States and Israel. The Biennale confirmed the decision in a statement, noting that 100 countries will still participate, including newcomers Tanzania and Seychelles. This follows South Africa's withdrawal over a legal dispute concerning a Gaza-focused artwork, and the closure of the Russian Pavilion to the public after the EU withdrew €2 million in funding over Russia's involvement.

Ambiguity Reigns in Olaf Hajek’s Mysterious Illustrations

Berlin-based illustrator Olaf Hajek creates dense, uncanny compositions that blend nature, culture, and magic, drawing inspiration from Surrealist icons like Leonora Carrington and Remedios Varo. His work emphasizes ambiguity, using superimposed florals and figures, dramatic scale shifts, and a tension between decay and renewal to develop a universal visual language from diverse cultural influences.

Total Warfare. A Conversation with Luigi Alberto Cippini  by ANY

Architect Luigi Alberto Cippini, founder of Armature Globale, engages in a provocative dialogue with Michael Abel and Nile Greenberg regarding the stagnation of contemporary architecture. Cippini calls for a radical departure from traditional disciplinary boundaries, advocating for a "punk" approach that embraces low-resolution aesthetics, hyper-specialized research, and a rejection of the pedantic communication standards that currently dominate the field.

Madrid: Hypnotic Laugh Track by Manga Ngcobo

Writer Manga Ngcobo reflects on the architectural and cultural landscape of Madrid in early 2025, juxtaposing the city's historic art institutions with its rapid technological and commercial evolution. Drawing on Ben Lerner’s novel 'Leaving the Atocha Station', the piece explores the growing disconnect between the profound emotional experiences promised by masters like Velázquez and Goya and the reality of a city increasingly designed for content creation, retail aesthetics, and digital consumption.

Leaner, nimbler and more discreet: why some art advisory firms are growing in a downturn

A growing number of "super advisory" firms are being founded by former top-level auction house executives, offering leaner, more discreet art advisory services without the high overheads of major auction houses and galleries. Notable examples include Art Intelligence Global (AIG), launched by Amy Cappellazzo and Yuki Terase after leaving Sotheby's, and Patti Wong & Associates, founded by former Sotheby's Asia chair Patti Wong. These firms leverage decades of experience and personal client relationships to compete in a cautious market where major auction houses have cut staff and digitized operations.

‘The extremely happy part of the crowd’: Hungarian arts figures hope for change after 16 years of Orbán rule

The 16-year tenure of Viktor Orbán has come to an end following a landslide victory for Péter Magyar’s Tisza Party in the 2026 Hungarian parliamentary election. The shift in power has sparked widespread celebration among Hungary’s progressive art community, which has long felt stifled by Orbán’s nationalist and socially conservative agenda. Figures from major Budapest galleries and the contemporary art scene report a profound sense of relief, signaling a potential departure from the "illiberal democracy" that dominated the country for nearly two decades.

Finally, Culture Minister Giuli visited the Italy Pavilion at the 2026 Venice Biennale and made peace with President Buttafuoco

Finalmente il Ministro della Cultura Giuli ha visitato il Padiglione Italia alla Biennale di Venezia 2026 e ha fatto pace con il Presidente Buttafuoco

Italian Culture Minister Alessandro Giuli finally visited the Italy Pavilion at the 2026 Venice Biennale alongside Biennale President Pietrangelo Buttafuoco, marking their first public appearance together after earlier tensions led Giuli to skip the opening ceremony. During the visit, Buttafuoco proposed that the work of artist Chiara Camoni, whose exhibition "Con te con tutto" is curated by Cecilia Canziani, should find a permanent home after the Biennale ends, sparking discussion about the future of pavilion artworks.

“Voglio porre domande che non avranno mai risposte”. Intervista all’artista Ndayé Kouagou in mostra a Reggio Emilia

Ndayé Kouagou, an artist from Montreuil (1992) based in Paris, presents his first solo exhibition in Italy, "Heaven's truth," at Collezione Maramotti in Reggio Emilia, running until July 26, 2026. The show features his video installation "A coin is a coin" (2022) and is part of the 21st edition of Fotografia Europea 2026, themed "Fantasmi del quotidiano." During the opening, Kouagou performed with poet and actress Salber Lee Williams, composing and deconstructing phrases into the expression "Please Be Yourself." The exhibition will travel to Heidelberger Kunstverein from September 3, and new works co-produced with the institution will appear at the 18th Lyon Biennale (September 19 – December 13, 2026). In an interview, Kouagou discusses his background as a self-taught visual artist and performer, having worked as a motion designer in advertising and as a DJ, and emphasizes writing as his central expressive medium, comparing himself more to a writer than a visual artist.

Giuli Buys Everything! The Ministry of Culture Also Wants to Take Over Rome's Teatro delle Vittorie and Venice's Palazzo Labia?

Giuli compra tutto! Il Ministero della Cultura vuole prendersi anche Il Teatro delle Vittorie di Roma e Palazzo Labia a Venezia?

Italian Minister of Culture Alessandro Giuli is pursuing an aggressive acquisition campaign for cultural properties. After high-profile purchases including Antonello da Messina's *Ecce Homo* and Caravaggio's *Portrait of Monsignor Maffeo Barberini* (€30 million), the Ministry has now expressed interest in acquiring Rome's Teatro delle Vittorie and Venice's Palazzo Labia—both part of a real estate portfolio being sold by state broadcaster Rai. The Ministry also recently bought Verona's historic Cinema Astra (with a €7.5 million restoration plan) and Naples' Teatro Sannazzaro after a fire.

Steel And Shadows Converge in “Larry Kagan: Men”

Louis K. Meisel Gallery in New York City will present “Larry Kagan: Men,” an exhibition of steel and shadow sculptures by artist Larry Kagan, opening May 9 and running through June 20. Kagan, a former engineer turned sculptor, creates intricate steel assemblages that, when lit from a calculated angle, project remarkably detailed shadow images onto the wall, blending material and illusion. The show includes works like “Michelangelo's Adam” (2025) and highlights his career shift from acrylics to metal in the 1980s under the mentorship of Richard Stankiewicz.

The Ireland Pavilion at the 2026 Venice Art Biennale Speaks of Dreams and Pays Homage to Aldo Manuzio

Il Padiglione Irlanda alla Biennale Arte 2026 di Venezia parla di sogni e omaggia Aldo Manuzio

The Ireland Pavilion at the 2026 Venice Biennale will present "Dreamshook," a project by Irish artist Isabel Nolan. The exhibition explores dream states and pays homage to the Venetian printer Aldo Manuzio, drawing on the humanist revolution between the late Middle Ages and the Renaissance. Nolan, who works across sculpture, embroidery, photography, and text, will create new tapestries, drawings, and sculptures that engage with classicism, Christianity, humanism, Irish heritage (including the Book of Kells), and the invention of printing. The project is curated by Georgina Jackson and produced by Cian O'Brien, with support from Culture Ireland and the Arts Council.

Nel Padiglione Germania alla Biennale di Venezia un gruppo di donne riflette sulle rovine del passato per capire il mondo

The German Pavilion at the 2026 Venice Biennale will present the work of two women artists, Henrike Naumann and Sung Tieu, following the death of Naumann at age 41 in February 2026. Curated by Kathleen Reinhardt, director of the Georg Kolbe Museum in Berlin, the pavilion's project, titled "Ruin," explores the dual meanings of the word in English and German—architectural decay versus economic, social, or moral collapse. The exhibition draws on research into East Germany (DDR) and the post-reunification period, using the pavilion's fascist architecture as a lens to examine historical ruptures and their impact on the present. For the first time in its history, the German Pavilion is represented solely by women, mirroring the Italian Pavilion.

In Venice, a new project aims to transform museums into living, participatory spaces

A Venezia un nuovo progetto punta a trasformare i musei in spazi vivi e partecipati

The Fondazione Musei Civici di Venezia (MUVE) has launched "Performing MUVE," a new program set to begin in spring 2026 that reimagines museums as dynamic, participatory spaces. The initiative, developed by MUVE Academy and MUVE Education, will unfold across three venues: Museo Fortuny, Casa di Carlo Goldoni, and the new MUVEC – Casa delle Contemporaneità in Mestre. The program includes four distinct projects—led by Mattia Berto, choreographer Elena Ajani, actress Sara Urban, and dancer Giulia Gemma Manfrotto—that use dance, theater, and embodied practices to transform visitors from passive observers into active participants.

The Jury of the 2026 Venice Art Biennale Will Be Completely Composed of Women

La giuria della Biennale d’Arte di Venezia 2026 sarà tutta composta da donne

The organizing body of the Venice Biennale has announced the international jury for its 61st International Art Exhibition, titled 'In Minor Keys.' For the first time, the five-member jury is composed entirely of women: Solange Oliveira Farkas (president), Zoe Butt, Elvira Dyangani Ose, Marta Kuzma, and Giovanna Zapperi. They will award the prestigious Golden Lions and special mentions during the awards ceremony on May 9.

The Brooklyn Fine Art Print Fair Has Taken Off Its Training Wheels

The Brooklyn Fine Art Print Fair (BFAPF) has returned for its second edition at Powerhouse Arts, expanding significantly from its inaugural "beta test" last year. The fair now features over 60 exhibitors, including a diverse mix of independent print shops, academic departments, self-represented artists, and established international galleries. This year's iteration emphasizes experimental mixed-media practices and a rigorous juried selection process, moving beyond traditional printmaking to include illuminated plexiglass screenprints and sculptural paper works.

Robilant and Voena gallery founders part ways to start separate ventures with their children

Edmondo di Robilant and Marco Voena, the founders of the prominent gallery Robilant + Voena (R+V), have announced the dissolution of their 22-year partnership to launch two separate family-run firms. The split results in the creation of 'Robilant' and 'Voena,' with both founders bringing their children into senior leadership roles to ensure long-term succession. Michele di Robilant will serve as director of Robilant, while Edoardo and Virginia Voena will take on director and sales director roles respectively at Voena.

newsmakers alice black tatiana cheneviere adivsory

Two London-based gallerists, Alice Black and Tatiana Cheneviere, have launched Black + Cheneviere (B+C), a new art advisory that promotes a values-led, slower approach to collecting. The duo, who founded their own galleries (Black's eponymous gallery and Pipeline gallery), aim to counter what they see as an overly transactional art market by encouraging collectors to align purchases with personal values and build sustained relationships with artists. The launch comes amid a market correction where collectors are becoming more selective and negotiating harder.

mfa boston to rescind promised gift of benin bronzes close dedicated gallery

The Museum of Fine Arts, Boston, will return a promised gift of Benin Bronzes and close its dedicated Benin gallery on April 28, 2025. The gallery will be repurposed for Nubian art. The collection, pledged by Robert Owen Lehman, includes objects traceable to the 1897 British looting of the Kingdom of Benin. Lehman has donated five objects outright, which will be displayed in the Art of Africa Gallery. The MFA stated it could not reach a mutually agreeable resolution for the gallery's long-term sustainability.

Gallery hopping: A new way to experience & engage with art

The article reports on the rise of gallery hopping in Delhi, particularly in neighborhoods like Lado Sarai, Defence Colony, and Okhla, where galleries cluster together. The Defence Colony Galleries Association, founded by Pristine Contemporary owners Arjun Butani and Arjun Sawhney, launched the monthly Def Col Art Night, keeping 10 galleries open until 9pm on the third Thursday with openings, music, and performances. Gallery directors and owners note that these events attract a broader audience beyond traditional collectors, making art more accessible and fostering community.

Major Exhibition Creates World Class Art Trail Across North Yorkshire

An exhibition featuring works by 50 leading contemporary artists will be staged across four venues in North Yorkshire, England, from April to September 2025, as part of the 20th anniversary of the Aesthetica Art Prize. The venues include Skipton Town Hall, the Mercer Art Gallery in Harrogate, Scarborough Art Gallery, and Woodend Gallery, with free entry at most sites. The exhibition is a joint venture between Aesthetica and Culture North Yorkshire, the council's culture and archive service, and is divided into four thematic parts: Future(s), Perception, Intervention, and Transformation.

Artist Felipe Pantone's home is a 'permanent exhibition' - with its own indoor nightclub

Spanish-Argentinian contemporary artist Felipe Pantone, who never reveals his face to the public, opens the doors to his striking home 'Casa Axis' in Valencia, Spain. Originally built between 1972 and 1975 by architect Pascual Genovés and designer Antonio Segura, the property was known as the 'Revolving House' before Pantone renamed it. After a two-year renovation, the 7,000 sq m estate now includes an indoor swimming pool designed by the artist, a private tennis court, a dance club, and rooms filled with natural light. Pantone and his partner Victoria Fernández host artists from around the world at the home, which also served as a backdrop for Netflix's Black Mirror.

Issy Wood’s first solo exhibition in the Nordics opened at Kistefos

Kistefos presents *Fish, Fish, Duck*, the first solo exhibition in the Nordic region by London-based painter Issy Wood, opened at Nybruket Gallery on 9 May 2026. The show features psychologically charged paintings on velvet and linen, self-portraits, animals, household objects, and a painted chaise longue, organized around the thematic frameworks "Ways of Seeing" and "The Artist as Archivist." Curated by Live Drønen and Kate Smith-Raabe, the exhibition draws on sources from the internet, advertising, and auction catalogues to explore desire, power, vulnerability, and objectification.

Realms of the Dharma

The Los Angeles County Museum of Art (LACMA) has opened "Realms of the Dharma: Buddhist Art Across Asia," an exhibition on view through July 12, 2026, that brings together approximately 180 Buddhist artworks from its permanent collection for the first time in a single space. Curated by Stephen Little and Tushara Bindu Gude, the show features paintings, sculptures, ritual objects, and sacred texts spanning Asia, including a notable gray schist bodhisattva Avalokiteshvara from Gandhara (c. 200 CE). The exhibition highlights the transformative work of curator Pratapaditya Pal, who from 1970 built LACMA's Indian, Himalayan, and Islamic collections into one of the nation's premier repositories.

Exhibition | Kang Cheol Gyu, 'KANG Cheolgyu: Discarded Host' at Arario Gallery, Seoul, South Korea

Arario Gallery Seoul presents 'Discarded Host', a solo exhibition by South Korean artist Kang Cheolgyu (b. 1990), running from May 1 to June 20, 2026. The show features new paintings that transform personal emotions and psychological sensations into visual narratives, exploring themes of anxiety, tension, identity, and transformation through fictional environments and indirect self-confrontation.

Exhibition | Nick DOYLE, 'Collective Hallucinations' at Perrotin, New York, United States

Perrotin gallery in New York presents 'Collective Hallcinations', an exhibition of new works by Brooklyn-based artist Nick Doyle. The show features wall-mounted denim collages and an immersive installation of a psychic parlor, including Doyle's first use of artificial intelligence. The works explore the fraught relationship between land and technology, progress and destruction, using denim as a material that evokes Americana, capitalism, and masculinity. The centerpiece, 'Mirror, Mirror', is a denim-clad structure housing an AI avatar named Ava, who offers sardonic commentary on the American dream and the digital frontier.

Flowers, Figures & Fantastical Frames at the 2026 Dallas Art Fair

Jessica Fuentes and Brandon Zech, returning to the 2026 Dallas Art Fair, found the event familiar rather than surprising. Fuentes noted that after attending major fairs like Frieze, NADA, and the Armory Show, many works by Texas galleries felt recognizable. Zech observed an overarching theme of flora and fauna, with flower paintings dominating both the art and attendees' fashion. Fuentes, however, was drawn to figurative pieces, influenced by her recent visit to Mexico City Art Week. Standout works included Jessica Vollrath's painting "A thousand hills" at Erin Cluley Gallery, which marked a stylistic shift in color and composition.

Exhibition | 'Human Traces: Presence, Absence, and Material Memory' at Axel Vervoordt Gallery, Antwerp, Belgium

A group exhibition titled 'Human Traces: Presence, Absence, and Material Memory' is on view at the Axel Vervoordt Gallery in Antwerp. It features works by four artists—Ida Barbarigo, William Turnbull, El Anatsui, and Bosco Sodi—who explore themes of memory and transformation through material, shifting focus from the human body to its traces.