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The global art market returned to growth in 2025, reaching $59.6 billion in sales according to the latest Art Basel and UBS Art Market Report. This 4 percent increase ended a two-year decline, driven primarily by a 9 percent surge in public auction sales and a significant revival in high-value transactions for works priced over $10 million. While the United States maintained its dominant 44 percent market share, the recovery was uneven, with the Impressionist and Old Masters sectors seeing major gains while Postwar and Contemporary art continued to cool.

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Egidio Marzona, the influential German-Italian collector, publisher, and patron, has died at the age of 81 in Berlin. Renowned for his intellectual approach to collecting, Marzona focused on the 20th-century avant-garde, including movements such as Bauhaus, Dada, Fluxus, and Arte Povera. Unlike traditional collectors, he prioritized the preservation of archives, letters, and ephemera alongside physical artworks, viewing the "paper trail of ideas" as essential to understanding artistic history.

East Village Brownstone Where Mark Rothko Once Lived Now for Sale as Luxury Condominiums

A historic East Village brownstone where artist Mark Rothko lived and worked in the 1930s has been converted into luxury condominiums following a major renovation. The building, which survived a 2022 fire, was purchased in 2023 and transformed into a two-unit property now marketed as the Rothko House, with its triplex penthouse listed for $6.2 million.

British artist Simon Fujiwara’s new Luxembourg exhibition tackles Guernica, syphilis and the death of a Japanese pornstar

British artist Simon Fujiwara has opened a major career survey, 'A Whole New World,' at Mudam Luxembourg. The exhibition features a reinterpretation of Picasso's *Guernica* using his cartoon character Who the Baer, alongside works addressing his personal experience with syphilis and a commemorative installation for Japanese gay porn star Koh Masaki. The show is structured as a thematic 'theme park' exploring contemporary issues.

Peter Halley Continues to Probe the ‘Crisis in Geometry’

American artist Peter Halley is presenting his first solo show in Austria in two decades at Galerie Nikolus Ruzicska in Salzburg. The exhibition, titled 'Peter Halley: Six Paintings for Salzburg,' features six new works created specifically for the occasion, showcasing his mature exploration of geometric abstraction using his signature 'Cells,' 'Prisons,' and 'Conduits.'

Lost Joan Miró Drawings Reemerge at Auction

Three previously unknown drawings by Joan Miró have been discovered among the possessions of his friend, the artist and designer Edmond Vernassa. The works include a 1972 promotional drawing for Mallorca and two large-scale designs for interior balcony railings, created for the influential art dealers Aimé and Marguerite Maeght. The drawings are now set for auction in Antibes with estimates reaching up to €400,000 each, following a public showcase during Paris Drawing Week.

Egidio Marzona, Collector Who Built a Monument to the Avant-Garde, Dies at 81

Egidio Marzona, the influential German-Italian collector, publisher, and patron, has died at age 81 in Berlin. His vast collection focused on 20th-century avant-garde movements, from Dada and Bauhaus to Fluxus and Arte Povera, and was distinguished by its deep archival holdings of letters, diagrams, and ephemera that documented the intellectual processes behind the art.

Newly Unearthed Letter Reveals Edvard Munch’s Influence on Paula Rego

A newly discovered 1951 letter reveals that a teenage Paula Rego was profoundly impressed by an Edvard Munch exhibition, specifically citing 'The Scream' and 'Inheritance.' This formative experience directly influenced her early work, such as her 1952 painting 'Drought,' which echoes Munch's style and themes. The letter, written to her mother, documents a pivotal artistic encounter she never publicly discussed.

Artists and Art Professionals Denounce Mexico’s Handling of Resurfaced Art Collection: ‘An Institutional Blunder’

Over 200 Mexican artists and art professionals signed an open letter accusing the government and the National Institute of Fine Arts and Literature (INBAL) of an 'institutional blunder' for allowing the resurfaced Gelman collection—approximately 300 works including pieces by Frida Kahlo and other major Mexican artists—to be exported to Spain. The collection, now held by Banco Santander's foundation, is classified as Mexican artistic monuments, which typically restricts foreign export to one or two years.

Michelangelo's Pietà Altarpiece for His Own Tomb Restored and Returned to Public View

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The Opera del Duomo Museum in Florence has unveiled the newly restored Bandini Pietà, a monumental sculpture Michelangelo carved for his own tomb between 1547 and 1555. The two-year conservation project, funded by the Friends of Florence Foundation, removed centuries of accumulated dust, wax, and plaster residue from the 5,900-pound marble block, which the artist famously left unfinished after discovering flaws in the stone.

Mark Bradford and Carrie Mae Weems Among Latest Artists Commissioned for Obama Presidential Center

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The Obama Presidential Center in Chicago has announced its latest cohort of commissioned artists, featuring high-profile names such as Mark Bradford and Carrie Mae Weems alongside local Chicago talents like Tyanna J. Buie and the duo Sam Kirk + Dorian Sylvain. These site-specific installations will be integrated across the center's 19-acre campus, including a three-story atrium collage by Bradford and a jazz-inflected photo mural by Weems. The project, which has already engaged over two dozen artists including Maya Lin and Julie Mehretu, is overseen by art program leaders Louise Bernard and Virginia Shore with direct input from the Obamas.

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Gwyneth Paltrow is partnering with Julien’s Auctions for a two-day sale on March 24–25 featuring personal items from her homes and wardrobe. The auction includes high-profile red carpet gowns by designers like Atelier Versace and Dior, design sketches for her iconic 1999 Oscars dress, and luxury furniture including pieces by Lindsey Adelman and Julian Mayor. A portion of the proceeds will benefit World Central Kitchen, a non-profit providing meals in response to humanitarian crises.

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Chicago street artist Jordan Nickel, known as Pose, is embroiled in a legal dispute with the arts and crafts retail giant Michaels. The artist, through his attorney Jeff Gluck, alleges that Michaels used his artwork in advertisements for Ironlak spray paint without his permission. Michaels has responded by filing a preemptive lawsuit in Texas, seeking a court declaration that it did not infringe on any rights and asking for attorneys' fees, while also arguing that it believed it had permission through its supplier, AVT Paints.

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A South Korean court acquitted former chief prosecutor Kim Sang-min of violating anti-graft laws by allegedly purchasing a painting attributed to artist Lee Ufan and gifting it to Kim Keon-hee, the wife of former President Yoon Suk-yeol, in exchange for political favors. The court found the prosecution's evidence insufficient to prove the painting was purchased or delivered as a bribe, citing a lack of documentation and the questionable credibility of a key witness.

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Artnet News has compiled a selection of artworks created in anticipation of Pope Francis's first visit to the United States. The works include Anthony VanArsdale's portrait for the North American College in Rome, a new addition to the 'Franks' mural at Philadelphia's Dirty Franks bar, a massive photo-realistic mural by Van Hecht-Nielsen overlooking Madison Square Garden in New York, a large-scale mural by Caesar Viveros for the Philadelphia Mural Arts Program, and a controversial, officially licensed portrait by Perry Milou. Other featured pieces include an illustration by Omkar Shivaprasad and a vandalized mural in Bolivia by William Luna and Guillermo Rodriguez.

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Casa Batlló, a UNESCO World Heritage Site in Barcelona designed by Antoni Gaudí, has opened a new exhibition space called Casa Batlló Contemporary dedicated to contemporary art. The program launched with a show by United Visual Artists (UVA), a London-based collective founded by Matt Clark, running from January 31 to May 17. The space, located on the second floor and restored by architecture studio Mesura, will host two annual exhibitions. This initiative expands on Casa Batlló’s existing "Mapping" series, which commissions artists to project audiovisual works onto Gaudí’s façade.

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Chinese artist and dissident Ai Weiwei returned to China last month for the first time in a decade, visiting Beijing for three weeks after years of exile in Europe. His passport had been confiscated in 2015, ending travel restrictions tied to his political dissent. Upon arrival, Ai was interrogated for nearly two hours at Beijing's airport before being granted entry. He documented the trip on Instagram, including a reunion between his 17-year-old son and 93-year-old mother, and described the experience as like reconnecting a long-disconnected phone call.

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An AI-generated image falsely attributed to Austrian Expressionist Egon Schiele has gone viral on X, posted by the account @lovedropx. The image, which mimics Schiele's style and borrows the title of a real 1917 watercolor, has garnered hundreds of thousands of views. Art-world readers quickly pointed out anachronisms—such as the model's modern makeup, hair, and nails—and the image's six-fingered hand, as well as its lack of Schiele's characteristic provocativeness. This is not an isolated incident; Art Detective flagged similar AI fakes on Facebook in December, warning that undisclosed AI-generated images are becoming common.

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A 36-foot-tall stainless steel sculpture by Jaume Plensa, titled *Endless*, collapsed outside the Raclin Murphy Museum of Art at the University of Notre Dame on December 10, 2024. The work was found broken into two pieces after standing for nearly three years; no injuries occurred and only minor damage to the surrounding concrete was reported. Museum director Joseph Becherer stated the cause remains unknown, with no evidence of external force, and the remaining portion was dismantled as a precaution. The sculpture, installed in 2023 as a permanent outdoor commission, was donated by alumnus Charles Hayes and reflects Plensa's signature motif of letters exploring language and shared humanity.

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A group of artists led by Elise Engler, Joyce Kozloff, and Martha Rosler has circulated a letter urging the Jewish Museum in New York to intervene and save New Deal-era murals and sculptural reliefs from the Wilbur J. Cohen Federal Building in Washington, D.C. The artworks, created by Jewish artists including Ben Shahn, Philip Guston, and Seymour Fogel, are threatened with demolition after the U.S. government listed the building for accelerated disposal in November 2025 and began soliciting demolition bids in December. The letter, addressed to Jewish Museum board chair Shari Aronson, has been signed by hundreds of artists and art-world figures, including Joan Semmel, Rochelle Feinstein, Joan Snyder, Lucy Lippard, and Kay WalkingStick.

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The United Kingdom has imposed a temporary export bar on Claude Lorrain's masterpiece "Landscape with Rural Dance" (c. 1640), valued at £9 million ($12 million), to prevent it from leaving the country. The painting, which has hung at Woburn Abbey for over 250 years, is being sold by the Duke of Bedford to fund a major renovation project. The export bar, recommended by a reviewing committee that deemed the work of "outstanding aesthetic importance," gives UK institutions until April 15 to express intent to acquire the painting for the nation.

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Vienna will temporarily close several museums dedicated to famous composers, including the apartments of Franz Schubert, Johann Strauss, and Joseph Haydn, as part of city-wide budget cuts. The closures, announced on Wednesday, are expected to last up to two years, with Schubert's birthplace also closing for a redesign ahead of the 200th anniversary of his death in 2028. The city's cultural budget has dropped from €29.7 million in 2025 to €28.4 million this year, with further reductions planned for 2027. Other institutions, such as the Prater Museum and Hermes Villa, will also reduce opening hours.

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Italian fashion designer and art collector Valentino Garavani died in Rome on January 19 at age 93. Born in Voghera, he moved to Paris for fashion studies, worked for Jean Dessès and Guy Laroche, then launched his own brand in Rome in 1959. Known for elegant gowns worn by icons like Jacqueline Kennedy Onassis and Princess Diana, he retired in 2008. Garavani and his longtime business partner Giancarlo Giammetti built significant art collections; Garavani sold a Basquiat painting for $67 million at Christie’s in 2023, and Giammetti sold another for $93 million in 2021. Garavani also owned works by Warhol, Lichtenstein, and de Kooning. In 2024, he opened PM23, an exhibition space in Rome run by the Fondazione Valentino Garavani and Giancarlo Giammetti, which launched its second show, “Venus,” featuring Joana Vasconcelos, two days before his death.

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The Chanel Culture Fund has announced the 10 recipients of its 2026 Chanel Next Prize, each receiving €100,000 ($117,400). The winners, announced on January 19 in London, include visual artist Álvaro Urbano, jazz musician Ambrose Akinmusire, fashion designer Andrea Peña, artist and filmmaker Ayoung Kim, fashion designer and artist Bárbara Sánchez-Kane, sound artist Emeka Ogboh, choreographer Marco da Silva Ferreira, experimental musician Pan Daijing, filmmaker Payal Kapadia, and painter Pol Taburet. The biennial prize, now in its third edition, also includes a two-year mentorship program in collaboration with Chanel’s cultural partners, such as London’s Royal College of Art.

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Boston's Midtown Hotel has sparked outrage after decorating its newly renovated space with AI-generated artwork that mimics Andy Warhol's style to depict local celebrities like David Ortiz and Barbara Walters. Guest Alex Steed publicly criticized the hotel on social media, noting the art's uncanny valley quality and the placard proudly stating the works were entirely created by artificial intelligence. The complaint went viral, drawing thousands of views and comments condemning the hotel for choosing AI over hiring local artists in a city known for its art schools and museums.

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The Joan Mitchell Foundation has announced the 31 artists selected for its 2026 residency program at the Joan Mitchell Center in New Orleans. The residencies, lasting six or 14 weeks across three seasons, will host no more than nine artists at a time, beginning February 2. The cohort includes 17 local New Orleans artists and participants from cities such as New York, San Francisco, Chicago, Boston, and Atlanta, ranging in age from 27 to 75. Notable participants include Edra Soto, who also won a United States Artists Fellowship, and two leaders of New Orleans’s Black Masking Indian tradition, Kelly Pearson Boles and Efrem Z. Boles. The selection was made by a jury of artists, curators, and academics.

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Juergen Teller has photographed Bottega Veneta's Summer 2026 campaign, set against the iconic landmarks of Venice, including the Palazzo Contarini Polignac and the Venice Giardini. The campaign features models Liya Kebede and Anine Van Velzen, and arrives ahead of the 2026 Venice Biennale. It also marks the debut collection of Louise Trotter, who joined Bottega Veneta as creative director last year, drawing on the house's 50-year archives and reimagining signature items like the Lauren and Knot bags.

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The San Francisco Art Institute (SFAI), a historic art school founded in 1871, permanently closed on July 15 after the University of San Francisco (USF) withdrew from a proposed acquisition deal. USF cited financial risks, low enrollment projections, and deferred maintenance as reasons for backing out. SFAI will continue as a small nonprofit to protect its archives and legacy, but the fate of its prized Diego Rivera fresco, valued at up to $50 million, remains uncertain.

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Seven years after an undercover sting in Nice, France, recovered a cache of stolen artworks including several by Pablo Picasso, ten defendants are now on trial. The 2017 police operation, triggered by a tip from Belgium, involved officers posing as Swiss buyers who met a seller at a Nice hotel and were led to a house in Peillon filled with stolen pieces. Among the recovered works were Picasso's *Le vieux roi* and *Le clown*, along with other items traced to a burglary in Saint-Paul-de-Vence and an armed robbery in Èze. The trial consolidates earlier investigations into a suspected art theft and fencing network, with prosecutors alleging the Peillon property served as a storage and sales hub.

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Scientists from the Leonardo da Vinci DNA Project (LDVP) have extracted DNA from a chalk sketch titled *Holy Child*, which may be by Leonardo da Vinci. In a preprint paper posted Tuesday, researchers suggest genetic links between the artwork and a letter from one of Leonardo's cousins, indicating a shared Tuscan ancestry. However, the findings are preliminary and not yet peer-reviewed, with experts cautioning that proving a direct connection to Leonardo himself is extremely difficult due to the lack of confirmed DNA from the artist and the disputed attribution of the drawing.