New York Is About to Sell $3 Billion in Art. Who’s Buying?

Vanity Fair's Nate Freeman reports on New York's spring art season, where auction houses are poised to sell at least $2.6 billion in art alongside major museum exhibitions (Raphael at the Met, Duchamp at MoMA, Matisse at Acquavella) and the opening of Frieze New York at The Shed. The article follows the social and commercial frenzy, highlighting a David Shrigley gong installation at Anton Kern Gallery's booth and the enduring dominance of New York, where nearly 90% of U.S. art sales occur.

First Look: See What’s Inside the Met Gala’s “Costume Art” Exhibition

Vanity Fair art and style correspondents Nate Freeman and José Criales-Unzueta preview the Metropolitan Museum of Art's Costume Institute spring exhibition "Costume Art," which inaugurates the Condé M. Nast Galleries. The exhibition arrives amid controversy over the Met Gala being sponsored by Lauren Sánchez Bezos and Jeff Bezos, leading to boycott calls and New York Mayor Zohran Mamdani skipping the event. Despite this, Anna Wintour and Met director Max Hollein announced the gala raised a record $42 million. Head curator Andrew Bolton presents fashion as art, pairing garments with artworks like Warhol's Skull and Sarah Lucas's Nud Cycladic 9.

New York Galleries: Openings and Closings (03/09-03/15)

New York City’s gallery scene is set for a major wave of activity between March 10 and March 15, 2026, with dozens of new exhibitions opening across Manhattan. High-profile showcases include Sam Gilliam and Chuck Close at Pace Gallery, Maria Lassnig at Petzel, and Paul Chan at Greene Naftali. The week features a diverse range of media, from David Armstrong’s portraiture at Artists Space to Bat-Ami Rivlin’s industrial installations at Management.

Hyperallergic Spring 2026 New York Art Guide

The Hyperallergic Spring 2026 New York Art Guide outlines a massive seasonal program featuring nearly 70 exhibitions across the city's major institutions and alternative spaces. High-profile highlights include a Marcel Duchamp retrospective at MoMA, the first major U.S. exhibition of Raphael at the Metropolitan Museum of Art, the return of the Whitney Biennial, and the reopening of the New Museum. The guide also previews diverse showcases ranging from Molly Crabapple’s activist posters at Poster House to a rare Caravaggio loan at the Morgan Library.

All the Art You Need to See During L.A. Art Week 2026

L.A. Art Week 2026 is anchored by the return of Frieze Los Angeles at the Santa Monica Airport, featuring approximately 100 international galleries and the curated Frieze Projects. The week serves as a precursor to a landmark season for the city, which includes the upcoming opening of LACMA’s David Geffen Galleries and the debut of Lauren Halsey’s major sculpture park in South Central. Satellite fairs like Felix Art Fair at the Hollywood Roosevelt Hotel and the artist-centric Post-Fair continue to expand the week's geographical and conceptual footprint.

Must-see Chicago museum openings, exhibitions and events in 2026

Chicago's cultural institutions are preparing a diverse slate of exhibitions and openings for 2026. Highlights include the Art Institute of Chicago presenting Henri Matisse's complete 'Jazz' book of cutouts for the first time, a survey of Dominican artist Firelei Báez at the Museum of Contemporary Art Chicago, the National Museum of Mexican Art exploring the history of Mexican railroad workers, and a costume design exhibition featuring Paul Tazewell's work at the Griffin Museum of Science and Industry. The year also features the grand opening of the Obama Presidential Center and a Barbara Nessim survey at the DePaul Art Museum.

8 Must-See Solo Gallery Shows in January

Galerie magazine has curated a list of eight must-see solo gallery shows across the United States for January, highlighting exhibitions from coast to coast. Featured artists include Jeff Koons at Gagosian in New York, where he presents monumental stainless-steel sculptures of gods and goddesses alongside layered paintings, and Giorgio Griffa at Casey Kaplan, whose survey "Consistently Through Variation" spans five decades of his process-driven work. Other notable shows include Julian Schnabel at Mnuchin Gallery and Marisol at Matthew Marks Gallery in Los Angeles.

‘Really encouraging’: Phillips’s modern and contemporary sale continues New York auction momentum

Phillips’s modern and contemporary evening sale on 19 November generated nearly $54.8 million ($67.3 million with fees), a 25% increase over the same sale last year. Out of 33 lots, only two failed to sell, achieving a 94% sell-through rate. The top lot was Francis Bacon’s *Study for Head of Isabel Rawsthorne and George Dyer* (1967), which hammered at $13.5 million, followed by an untitled Joan Mitchell work from 1957-58 at $12 million. The sale also included natural history objects for the first time, such as a juvenile Triceratops skeleton nicknamed 'Cera,' which sold for $4.35 million. Female artists performed strongly, with Ruth Asawa’s copper wire sculptures sparking lengthy bidding wars and Firelei Báez setting a new artist record that was later broken at Christie’s the same evening.

Sotheby’s Shatters Records at Its Breuer Debut as a $236.4M Klimt Leads the $706M Evening Sale

Sotheby's held its debut evening sale at the Breuer building in New York on November 18, achieving a record-breaking $706 million total. The highlight was the white-glove auction of Leonard A. Lauder's collection of 20th-century masterpieces, which alone brought $527.5 million. Gustav Klimt's portrait *Bildnis Elisabeth Lederer* (1914-16) sold for $236.4 million, setting a new record for the artist and for Sotheby's Modern category. The evening also included a strong Contemporary sale led by Maurizio Cattelan's golden toilet at $12.1 million, with active bidding from Asian collectors.

Mon oncle d’Amérique

Art Basel Paris officially opened on October 22, 2024, with a new VIP tier called 'Avant-Première' granting early access to favored collectors. The fair saw a shift in mood from socializing to business-focused transactions, with multimillion-dollar works on offer, including a Gerhard Richter painting reportedly sold for over $20 million by Hauser & Wirth. Pre-fair events included dinners hosted by Marian Goodman for artist Paul Sietsema, gallery openings at Salon 94's new Palais-Royal space, and a VIP evening at the Musée d'Orsay for a Bridget Riley exhibition. American galleries and collectors dominated the week's parties, with events by David Zwirner, Gladstone, and others.

Discover 10 Highlights from Art Basel Paris 2025

Art Basel Paris 2025, now in its fourth edition, took place from October 22–26 at the restored 1900 Paris Exposition venue, a Beaux-Arts landmark with Art Nouveau iron and glasswork. The fair hosted 206 international galleries and introduced a new 'Avant-Première' V.V.I.P. day on October 21, where each gallery could allocate six guest passes. Blue-chip sales were swift, led by Hauser & Wirth selling Gerhard Richter's *Abstraktes Bild* (1987) for $23 million to a European collector. Other notable sales included Bruce Nauman's neon sculpture *Masturbating Man* for over $4.7 million and Amedeo Modigliani's *Jeune fille aux macarons* (1918) for $10 million at Pace Gallery. The fair also featured curatorial sectors Emergence (16 solo presentations by emerging artists) and Premise (ten historical projects with works predating 1900).

Ascendant Art Basel Paris rewards top dealers, while smaller galleries compete for attention

Art Basel Paris has rewarded top dealers with significant sales during its new VVIP preview slot, Avant-Première, held on October 21. Hauser & Wirth led with over $30 million in sales, including Gerhard Richter's "Abstrakte Bild" (1987) for $23 million, while David Zwirner sold a Ruth Asawa sculpture for $7.5 million. Goodman Gallery sold two works by William Kentridge to museums, and White Cube placed Julie Mehretu's "Charioteer" (2007) for $11 million. However, some dealers like Philomene Magers found the opening too crowded, and adviser Aileen Agopian noted the market remains far from the frenzy of previous years, with no single sale surpassing the $40 million Mark Rothko painting brought by Pace two years ago.

In the Studio With 33 of the Hottest Art Stars on the Planet

Vanity Fair profiles 33 emerging art stars who have broken into the upper echelon of the art world within the last five years, despite a contracting art market. The feature, written by Nate Freeman and photographed by Jeff Henrikson, highlights artists like Jadé Fadojutimi, Anna Weyant, and Chase Hall, whose work commands high prices and long waiting lists from top collectors. The selection was based on research including gallerist interviews, museum acquisitions, auction results, and dealer insights.

Our Guide to New York Art Week 2025

New York Art Week 2025 is condensed into a single mega-week starting May 5, featuring major art fairs including Frieze New York, Independent, and TEFAF New York, alongside gallery openings, auction previews, and museum shows. The guide provides a day-by-day itinerary, fair overviews, and practical tips for navigating the week, emphasizing that many events are ticketed or free and do not require VIP passes.

Horst Antes at 90: Major Shows Celebrate German New Figuration Pioneer

German artist Horst Antes, born in 1936, is being celebrated with two major exhibitions timed to his 90th birthday. Galerie Koch in Hannover presents a solo show titled “Horst Antes: Exhibition Marking the Artist’s 90th Birthday,” while the Sprengel Museum Hannover concurrently mounts “A Collection,” featuring roughly 80 works from its holdings. The shows highlight Antes’s pioneering role in New Figuration, particularly his iconic “Kopffüßler” (Head-Footer) character, which appears across paintings, sculptures, and works on paper from 1969 to 2014. The Galerie Koch exhibition also foregrounds his “House Pictures,” which explore architecture through non-hierarchical color planes and ambiguous perspective.

7 museum openings of 2025

The global art landscape is set for a significant transformation in 2025 with the opening of several high-profile museum projects. These range from the long-awaited reopening of New York’s Frick Collection and the Studio Museum in Harlem to ambitious international debuts like the PoMo museum in Norway and the Fenix Museum of Migration Stories in Rotterdam. These projects feature designs by world-renowned architects including Annabelle Selldorf, India Mahdavi, and MAD Architects, often repurposing historic structures with bold contemporary additions.

collectors donate art england taxes degas bill brandt

Arts Council England announced the results of the 2024-25 Cultural Gifts Scheme and Acceptance in Lieu initiatives, through which 32 artworks valued at nearly $80 million entered public collections. Highlights include Edgar Degas's pastel *Danseuses roses* (ca. 1897–1901) donated to the National Gallery, paintings by Max Liebermann and Max Pechstein given to the Ashmolean Museum, a historic desk used by Prime Ministers Benjamin Disraeli and Winston Churchill acquired by the National Trust, and 77 photographs by Bill Brandt donated to Tate. The report covers transfers from April 2024 to March 2025.

warhol foundation fall 2025 grants

The Andy Warhol Foundation for the Visual Arts has announced its Fall 2025 grant recipients, awarding over $4 million to 57 arts organizations across 17 states, Washington, D.C., and two international locations. Grantees range from established institutions like the Contemporary Arts Museum Houston and Independent Curators International to smaller artist-run spaces such as Mini Mart City Park in Seattle and Transformer in Washington, D.C. Twenty organizations are first-time recipients, including Path with Arts in Seattle and Access Gallery in Denver. Exhibition support covers solo shows for artists like Ching Ho Cheng, Gisela Colón, and Leilah Babirye, as well as group exhibitions such as “Telenovelas” at the Americas Society and the Counterpublic 2026 Triennial.

portland art museum expansion renovation

The Portland Art Museum has completed a $116 million expansion and renovation, integrating two neighboring buildings and adding nearly 100,000 square feet of public and gallery space. The centerpiece is a 21,000-square-foot glass pavilion named after Mark Rothko, who grew up in Portland and attended the museum's art school. The project, largely privately funded, unites the original 1932 Belluschi building with the 1927 Mark Building (a former Masonic Temple) via a transparent, 24-hour pedestrian tunnel. Director Brian Ferriso led the capital campaign, which also raised $30 million for the endowment, and recruited Hennebery Eddy Architects and Vinci Hamp Architects as designers.

met museum dedicated costume institute gallery

New York's Metropolitan Museum of Art has announced plans to convert its centrally located gift shop off the Great Hall into a new gallery space dedicated to its Costume Institute, with a $50 million fundraising goal and an expected opening in 2026. The 11,500-square-foot space will replace the current Anna Wintour Costume Center, offering a more prominent location for the institute's annual blockbuster exhibitions, such as this year's "Karl Lagerfeld: A Line of Beauty." Anna Wintour, Condé Nast global editorial director and Vogue editor, will lead fundraising for the project, which also includes reconfiguring ground-floor dining and retail spaces and opening a new public entrance at East 83rd Street and Fifth Avenue.

popular artists march 2025

Artnet News published its quarterly analysis of the most exhibited living artists at over 250 U.S. museums in March 2025, identifying more than 3,700 artists. The top artist is photographer Cara Romero, who appears in multiple museum shows including a major retrospective at the Hood Museum at Dartmouth College. Three of the six most featured artists have Native American backgrounds, reflecting a surge in exhibitions celebrating Indigenous art. The list excludes the late Jaune Quick-to-See Smith, a Native painter and curator who died in January 2025 at age 85 and would have ranked highly.

Fair Week in NYC!

New York City is hosting a packed week of art fairs in May 2025, including Frieze at The Shed, Independent Art Fair at Pier 36, TEFAF New York at the Park Avenue Armory, and NADA New York at the Starrett-Lehigh Building. The fairs feature hundreds of international galleries, with Frieze emphasizing Central and South American exhibitors, Independent exploring a dystopian theme, TEFAF offering antiquities and fine art, and NADA celebrating its 12th edition with 121 galleries. The article also notes recent major exhibitions at the New Museum, Whitney Biennial, MoMA PS1, The Met, and MoMA, and includes a guide to Upstate New York art destinations.

Un’isoletta tutta dedicata all’arte nel mezzo della Laguna di Venezia. Va avanti il progetto della Fondazione Sandretto Re Rebaudengo sull’Isola di San Giacomo

The Fondazione Sandretto Re Rebaudengo has opened a new art space on the island of San Giacomo in the northern Venetian lagoon, acquired in 2018 by Patrizia Sandretto Re Rebaudengo and Agostino Re Rebaudengo. The island, previously abandoned, has been transformed into a laboratory for art and sustainability, with a gradual opening plan that initially aligns with the Venice Biennale. The inaugural program launched on May 7, 2026, includes a solo exhibition by Matt Copson curated by Hans Ulrich Obrist, a group show titled 'Don’t have hope, be hope!', and a photographic documentation of the restoration process by Giovanna Silva and Antonio Fortugno.

Behind every great artist... there is a great gallery. A look at the 2026 Venice Biennale

Dietro ogni grande artista… c’è una grande galleria. Un punto sulla Biennale Arte 2026

The 61st Venice Biennale, titled "In Minor Keys" (May 9 – November 22, 2026), features over 90% living artists, a significant shift from recent editions focused on historical rediscoveries. Curated by the late Koyo Kouoh (1967–2025), the first African woman to lead the Biennale, the exhibition includes 111 artists, with a majority of women (64 vs. 48 men) and the highest percentage of African-born artists ever (20%). Notable participants include Nick Cave, Carsten Höller, Alfredo Jaar, and Kader Attia, with a focus on mid-career and established figures rather than emerging or deceased artists.

Remembering Raghu Rai, Jack Thornell, and Jarvis Rockwell

Hyperallergic's weekly 'In Memoriam' column honors eight recently deceased figures from the art world, including Indian photojournalist Raghu Rai (1942–2026), Argentine abstract painter Ides Kihlen (1917–2026), Israeli painter and activist Yair Garbuz (1945–2026), British photographer Mark Gerson (1921–2026), Japanese art collector Kurt Gitter (1937–2026), Danish antiquities dealer Ittai Gradel (1965–2026), indigo textile artist Leigh Magar (1968–2026), and Kenyan muralist Patrick Mukabi (1967–2026). Each entry summarizes their life, career highlights, and contributions to visual art and photography.

The US Pavilion Wants Your Money

The American Arts Conservancy, a new nonprofit with MAGA-aligned leadership, is fundraising for Alma Allen's 2026 US Pavilion at the Venice Biennale through a "Donate" button on its website, having received no institutional financial support. Meanwhile, a sculpture by Pedro Reyes at the newly unveiled LACMA building has sparked controversy for recalling a 2021 commission rejected by Mexico City after Indigenous and feminist protests, and the experimental LA nonprofit The Box has closed after 19 years.

Met Museum to Acquire Rediscovered Renaissance Painting Admired by Vasari

The Metropolitan Museum of Art has acquired a recently rediscovered Renaissance painting, 'Madonna and Child with Saint John the Evangelist,' by Rosso Fiorentino. The work, believed lost for centuries, was identified after conservation removed layers of overpaint, revealing the figure of Saint John. The Met has already placed the painting on view in its European painting galleries.

Our 5 Favorite Gallery Exhibitions to See This Spring in Paris

Nos 5 expos coups de cœur à voir en galeries ce printemps à Paris

Paris is experiencing a vibrant gallery season this spring, marked by the arrival of major international players and the rediscovery of overlooked artists. Highlights include the opening of Singapore’s Cuturi Gallery at the Palais-Royal with a cross-disciplinary show on decadence, and the London-based Waddington Custot establishing a new space in Saint-Germain-des-Prés with an exhibition bridging Nabis masters and contemporary painters. Other notable shows include a first-ever public look at the surrealist collages of Roland Sig and a dialogue between neo-impressionism and contemporary art at Galerie Pavec.

Look Inside the Art-Filled Home of New York City's Cultural Crusaders

This profile explores the Upper West Side residence of Crystal McCrary McGuire and Raymond J. McGuire, a power couple deeply embedded in New York City’s cultural and financial sectors. Their home serves as a private gallery for a significant collection of African American art, featuring masterworks by Norman Lewis, Henry Ossawa Tanner, Elizabeth Catlett, and Romare Bearden. The couple’s shared passion for collecting began independently, sparked by their formative years studying in France, and has since evolved into a joint mission to preserve and live alongside Black artistic heritage.

Art Dubai Marks 20 Years with Special Edition Focused on Collaboration and Cultural Exchange – Friday, 15-17 May 2026.

Art Dubai returns to Madinat Jumeirah from 15–17 May 2026 for a special 20th-edition programme that reflects on the fair's evolution and reaffirms Dubai's role as a global cultural hub. Presented in partnership with A.R.M. Holding and Dubai Culture, the fair features approximately 75 presentations from commercial galleries, institutional partners, and cultural initiatives, with around 60% of participating galleries drawn from the region. Highlights include the Made Forward presentation from Dubai Collection, the 20th edition of the Global Art Forum titled 'Before and After Everything', and an exhibition of modern Arab art from the Barjeel Art Foundation. The fair also introduces an innovative risk-sharing model where booth costs are payable based on sales performance, and entry is free for all visitors.