A blockbuster Gerhard Richter retrospective, co-organised by Nicholas Serota, is coming to Paris

A major retrospective of German artist Gerhard Richter, co-curated by former Tate director Nicholas Serota, will open at the Fondation Louis Vuitton in Paris from 17 October 2025 to 2 March 2026. The exhibition features 270 works spanning 1962 to 2024, including paintings, drawings, watercolours, overpainted photographs, glass works, and digitally generated Strip images. It is organized chronologically, with sections devoted to Richter's early photo-based works, his 1972 Venice Biennale pieces, abstract explorations, sombre reflections including the October 18, 1977 series, and his later experiments beyond painting. Key loans come from the Museum of Modern Art in New York, the Tate, the Hirshhorn Museum, and Museum Ludwig, Cologne, alongside works from the Fondation's own collection.

Gustave Caillebotte blockbuster that sparked controversy in France opens in Chicago—with one key difference

A major Gustave Caillebotte survey exhibition, originally titled *Gustave Caillebotte: Painting Men* (in French, *Caillebotte: Peindre Les Hommes*), has opened at the Art Institute of Chicago with a revised title: *Gustave Caillebotte: Painting His World*. The change was made after an internal focus group found the original title too narrow, and before the show even debuted in Paris. The exhibition, co-curated by Gloria Groom (AIC), Paul Perrin (Musée d’Orsay), and Scott Allan (Getty), explores Caillebotte’s preference for male subjects—such as rowers, soldiers, and card players—without asserting that the artist had same-sex relationships. It previously sparked controversy in France, where critics accused the curators of imposing an American-influenced, reductive queer reading on the artist.

Pennsylvania college moves to sell its entire art collection amid $20m budget shortfall

Albright College, a liberal arts institution in Reading, Pennsylvania, is selling its entire art collection of mostly works on paper to address a $20 million budget shortfall. The online-only sale, held on July 16 at Pook & Pook auction house, includes 524 lots featuring works by artists such as Karel Appel, Romare Bearden, Jasper Johns, Jacob Lawrence, and Bridget Riley. College administrators, including vice-president James Gaddy, describe the collection as "not core to our mission" and estimate the consigned pieces are worth $200,000, while the cost of maintaining the gallery and collection exceeds $500,000 annually. The sale is part of broader cost-cutting measures that have already included laying off 53 employees and selling non-contiguous properties.

A first glimpse (and listen) inside Lacma’s $720m new building

The Los Angeles County Museum of Art (Lacma) opened its new $720 million David Geffen Galleries building to 2,000 members and guests for previews on June 27, 2025, before its official opening in April 2026. Designed by Swiss architect Peter Zumthor, the elevated concrete structure spans Wilshire Boulevard with 110,000 square feet of gallery space, floor-to-ceiling windows, and a 300-seat theater. Musician Kamasi Washington organized a "sonic preview" with 100 jazz musicians performing his six-part suite *Harmony of Difference* throughout the empty space. The building sits adjacent to the preserved Japanese Pavilion (designed by Bruce Goff, 1988) and features Tony Smith's sculpture *Smoke* (1967) in a courtyard.

LACMA opens its new building for a sneak peek: Photos from the first preview

The Los Angeles County Museum of Art (LACMA) held its first public event inside the new Peter Zumthor-designed David Geffen Galleries on Thursday evening, offering a sneak peek before art is installed. The preview featured a site-specific concert by composer Kamasi Washington, with multiple bands and a choir performing throughout the empty concrete galleries. The building, which has been under construction for five years, is targeted to open in April 2026, though some construction details remain unfinished and landscaping is still settling.

Column: The new LACMA is sleek, splotchy, powerful, jarring, monotonous, appealing and absurd

The Los Angeles County Museum of Art (LACMA) is nearing completion of its new Brutalist building designed by Swiss architect Peter Zumthor, known as the David Geffen Galleries. Museum members will get a sneak peek at the empty interior spaces starting July 3, though the fully finished project with art installed won't open until April 2026. The poured-in-place concrete structure spans 347,500 square feet, including 110,000 square feet of exhibition space across 90 galleries, elevated 30 feet above ground on seven massive piers crossing Wilshire Boulevard. The article offers a critical preview of the building's aesthetics, noting the overwhelming monotony of concrete across floors, walls, and ceilings, while acknowledging some appealing views and powerful visual impact.

Global Art Market Report 2024–2025

The global art market saw total sales of $57.5 billion in 2024, a 12% decline year-on-year, marking the second consecutive annual drop. Transaction volumes rose 3% to about 40.5 million, driven by works under $50,000 which made up 85% of dealer sales. Sotheby's and Christie's together accounted for roughly half of global fine-art auction turnover, though both saw significant auction revenue declines. The United States led with 43% of global sales, while China's market share fell to 15%, its lowest since 2009. Online art sales grew to 18% of total value, and new buyer momentum was strong, with 44% of dealer buyers being new and 91% of high-net-worth collectors optimistic.

Christie’s presents Post-War to Present as a highlight of its London Summer Season - Christie's

Christie’s has announced its London Summer Season, running from June to August 2025, with the Post-War to Present sales as a central highlight. The season includes live and online auctions, selling exhibitions such as 75 Years of New Contemporaries and Modern British Art: A Selling Exhibition, and cultural partnerships. Key auction highlights include Lynette Yiadom-Boakye's '8pm Zaragoza' (estimate £500,000–700,000), Victor Man's 'The Chandler' (estimate £300,000–500,000), and works by David Hockney, Cecily Brown, KAWS, and Georg Baselitz. The live sale takes place on 26 June, with online bidding from 17 June to 1 July.

Re-opening of Sainsbury Wing at National Gallery

The Sainsbury Wing at the National Gallery in London has reopened after a three-year refurbishment, inaugurated by King Charles III and Queen Camilla. The wing now serves as the main entrance, featuring large windows that flood the foyer with natural light, a high-tech screen showcasing masterpieces, and a rehang of the collection that groups early Renaissance and early Christian art together in rooms 51-66. Notable highlights include Sir Richard Long's 'Mud Sun', Paula Rego's 'Crivelli's Garden', a new unsigned Netherlandish altarpiece, and the temporary display of the Coronation portraits of the King and Queen until June 5th.

Empathy is in short supply today – artist Saya Woolfalk intends to change that

Saya Woolfalk's largest survey exhibition, 'Empathic Universe,' has opened at New York's Museum of Arts and Design. The show introduces visitors to the Empathics, a fictional plant-human hybrid species that embodies profound understanding and interconnection. Organized by curator Alexandra Schwartz, the exhibition spans two decades of Woolfalk's career and includes video, sculpture, installation, works on paper, and artist-fashioned clothing. It explores themes of empathy, hybridity, and utopia, drawing on Afrofuturist thinkers and science fiction, while addressing issues of racism and sexism in a polarized world.

Discover Takashi Murakami’s New Exhibition at Cleveland Museum of Art

Takashi Murakami's solo exhibition "Stepping on the Tail of a Rainbow" has opened at the Cleveland Museum of Art, expanding on a survey that began at The Broad in Los Angeles in 2022. The centerpiece is a 32-foot-tall reinterpretation of the Yumedono (Dream Hall) from Hōryūji Temple in Nara, Japan, built with set builders from the FX series *Shōgun*. The show features around 100 paintings and sculptures dating back to 1993, including a yellow DOB t-shirt, and new works such as *Kansei Hokkyō Kōrin Flowers* (2025).

Phillips Installs Robert Manley and Miety Heiden in Top Posts Amid Market Shifts

Phillips has appointed Robert Manley as chairman of modern and contemporary art and Miety Heiden as chairman of private sales, following the departure of Cheyenne Westphal and Jean-Paul Engelen. Manley, who joined Phillips in 2016, has secured major consignments including the collection of Francesco Pellizzi and the Pop Art trove of Miles and Shirley Fiterman, while Heiden has driven a 46 percent growth in annual private sales. The appointments come after Phillips' $51.9 million Modern and Contemporary Evening Sale, which reinforced the auction house's strength in the contemporary segment.

Takashi Murakami Casts His Spell Again

Takashi Murakami is back in the spotlight with a new exhibition, “Stepping on the Tail of a Rainbow,” opening May 25 at the Cleveland Museum of Art. The show features a full-scale replica of a portion of an ancient temple at Nara, Japan, and highlights the artist’s signature Flowers series. Murakami, known for his manga- and anime-inspired characters, has also become a fashion icon, with followers including Usher, Pharrell Williams, and entrepreneur Sarah Andelman. The article captures a press event where Murakami sketched portraits of artist Shahzia Sikander, dressed in a whimsical outfit designed to captivate his audience.

11 New Artist Auction Records Set in May 2025

During New York's spring auction week starting May 12, 2025, major houses Sotheby's, Christie's, Phillips, and Bonhams collectively brought in $1.27 billion, slightly above the estimated $1.25 billion but down 17% from the previous year. The top lot was Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) at $47.56 million, but the mood was tense as trophy works like Andy Warhol's *Big Electric Chair* (1967–68) were withdrawn and several top lots, including Alberto Giacometti's *Grande tête mince* (1955), failed to sell. Amid this volatility, 11 new artist auction records were set, five of which were for women artists, notably Marlene Dumas's *Miss January* (1999) selling for $13.65 million—the most expensive work by a living woman artist at auction.

Christie's 20/21 sales achieve $693 million

Christie's 20th and 21st Century Art sales in New York from 12-15 May 2025 achieved a total of $693 million across six sales, reaching 123% of the low estimate. The top lot was Piet Mondrian's 1922 painting *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue*, which sold for $47.56 million. Other highlights included Claude Monet's *Peupliers au bord de l'Epte, crépuscule* (1891) at $42.96 million, and Marlene Dumas's *Miss January* (1997), which set a record for a living female artist. The Leonard & Louise Riggio collection alone brought $272 million, while the 20th Century Evening Sale achieved $217 million with a 100% sell-through rate. New artist records were set for Dorothea Tanning, Remedios Varo, Louis Fratino, Simone Leigh, and Emma McIntyre.

Marlene Dumas’s $13.6m semi-nude breaks auction record for a living female artist

Christie's 21st century evening sale on Wednesday achieved $79 million ($96.5 million with fees), falling within revised estimates but below original projections and prior sale totals. The standout lot was Marlene Dumas's 1997 painting *Miss January*, which sold for $13.6 million with fees, setting a new auction record for any living female artist. The sale saw three of four records set for women artists, including Simone Leigh, Emma McIntyre, and Louis Fratino, though bidding was subdued overall with heavy reliance on third-party guarantees.

Despite record-breaking results for four women artists, Phillips’s evening auction in New York sparks few fireworks

Phillips’s evening sale of modern and contemporary art in New York on May 13 achieved a total hammer price of $44.2 million ($52 million with fees), falling just below the low pre-sale estimate of $45.3 million. Four works were withdrawn before the sale, and five lots failed to sell. Despite the subdued overall results, the auction set new auction records for four women artists: Kiki Kogelnik, Ilana Savdie, James Turrell (Light and Space artist), and Grace Hartigan. Other strong performers included works by Yu Nishimura, Olga de Amaral, Barbara Hepworth, and Danielle McKinney. The top lot was Jean-Michel Basquiat’s *Untitled* (1984), formerly owned by David Bowie.

A young Richter’s painting of an even younger Polke and a once-grimy Brazilian landscape by Frans Post: our pick of the May auctions

The article previews five major lots coming to auction in New York in May 2025, spanning Phillips, Sotheby's, Christie's, and Bonhams. Highlights include Gerhard Richter's 'Mann mit zwei Kindern' (1966), a portrait of Sigmar Polke estimated at $4–6 million; Frans Post's 'View of Olinda with Ruins of the Jesuit Church' (1666), estimated at $6–8 million and expected to break the artist's record; Andy Warhol's 'Big Electric Chair' (1967–68), estimated around $30 million; and Fernando Botero's 'The Bed' (1982), estimated at $700,000–$1 million. Each work is making its auction debut or is a rare market appearance.

Pharrell Williams’s auction platform Joopiter teamed with Martha Stewart for first contemporary art sale

Pharrell Williams's auction platform Joopiter has partnered with Martha Stewart for its first contemporary art sale, titled 'The Contemporary Take,' running through May 6. The 48-lot sale features works by blue-chip artists including George Condo, Jeff Koons, and Ed Ruscha, alongside emerging names like Tschabalala Self and Toyin Ojih Odutola. Stewart personally selected six lots, highlighting pieces by Amy Sherald, Damien Hirst, Ai Weiwei, Louise Bourgeois, Roy Lichtenstein, and Alex Katz. Estimates range from $4,000 to $1.2 million, and early bidding has been active, with works by Amy Sherald and Roy Lichtenstein drawing significant attention.

Walk the auction: your guide to Christie’s 20th and 21st Century Art sales in NY this May

Christie’s is holding its spring 20th and 21st Century Art sales week in New York from 12–15 May 2025, featuring over 500 works across six live auctions. Highlights include the single-owner collection of Leonard and Louise Riggio, led by a rare Piet Mondrian and René Magritte’s *Les droits de l'homme*; the 20th Century Evening Sale headlined by a Claude Monet from his *Les Peupliers* series; and the 21st Century Evening Sale, where Jean-Michel Basquiat’s *Baby Boom* sold for $23.4 million. Other notable consignors include Anne and Sid Bass, Tiqui Atencio, and Ago Demirdjian. The free public exhibition runs from 3–15 May at Christie’s Rockefeller Center galleries.

A Tale of Two Cities: Spring Auctions in Hong Kong and Shanghai

Christie's and Sotheby's held their spring marquee auctions in Hong Kong and Shanghai, timed to coincide with Art Basel Hong Kong for the first time. Christie's evening sale of 20th and 21st century art in Hong Kong achieved HKD 560 million (USD 72 million) with a 95% sell-through rate, led by Jean-Michel Basquiat's *Sabado por la Noche (Saturday Night)* (1984) at HKD 112.6 million. Other highlights included a new artist record for Zhang Enli's *Intimacy* (2002) at HKD 23.4 million, and strong sales for works by Yayoi Kusama, Zao Wou-Ki, and Adrian Ghenie, though most lots sold near their low estimates.

Auction record

A new auction record has been set, with a significant artwork selling for a high price at a major auction house. The sale took place recently, drawing attention from collectors and the art market.

met gala reveals 2026 dress code fashion is art

The Metropolitan Museum of Art has announced "Fashion is Art" as the official dress code for the 2026 Met Gala, complementing the Costume Institute’s upcoming exhibition, "Costume Art." Curated by Andrew Bolton, the show will feature approximately 400 objects that juxtapose couture fashion with traditional artworks and artifacts. The exhibition will be the first to inhabit the museum's new Condé M. Nast Galleries and is structured around a "typology of bodies," exploring how fashion interacts with various human forms ranging from classical nudes to aging bodies.

dealer oghenochuko ojiri pleads guilty hezbollah financier

London art dealer Oghenochuko Ojiri has pleaded guilty to eight charges of failing to disclose potential terrorist financing after selling artworks to Nazem Ahmad, a collector sanctioned by the US since 2019 for funding Hezbollah. The charges, brought by the Metropolitan Police’s National Terrorist Financial Investigation Unit, cover transactions from October 2020 to December 2021, with artwork valued at approximately £140,000 ($186,000). Ojiri, who owned a namesake gallery in East London and appeared as an art expert on BBC’s Bargain Hunt, allegedly filled out paperwork in other individuals' names to disguise Ahmad’s ownership of the works.

french audit louvre robbery security flaws no cameras

A leaked French government audit reveals that the Louvre Museum's security system is "outdated and inadequate," with significant gaps in CCTV coverage. The report, conducted by France's Court of Auditors and set for public release next month, found that modernization of security systems had been repeatedly postponed, and cameras were mostly installed only when rooms were refurbished. In the Denon Wing, home to the Mona Lisa, one-third of rooms lack cameras; in the Richelieu Wing, 75 percent of rooms are without them. Only 138 additional cameras have been installed since 2019. The audit was initiated by Louvre president and director Laurence des Cars after she assumed the role in 2021. The findings follow a robbery of French crown jewels from the museum and come amid staff strikes over understaffing and overcrowding.

carly murphy art basel collectors

Carly Murphy, Christie’s head of client strategy for the Americas, is leaving the auction house to join Art Basel as global head of collector and institutional relations, a newly created position. She will report to Vincenzo de Bellis, the fair’s chief artistic officer and global director of fairs, and begins later this month. The move comes as the art market faces slowing sales, with global art and antiques sales falling 12% in 2024 to $57.5 billion, according to the latest Art Basel and UBS Art Market Report.

Leading French Gallery Air de Paris Is Declaring Bankruptcy and Closing After 36 Years

Air de Paris, a leading French gallery, is declaring bankruptcy and closing after 36 years, as announced by cofounders Florence Bonnefous and Edouard Merino to Cultured. The gallery owes money only to its landlord and bank, not to its artists. The closure is attributed to fragile finances and health issues, including Bonnefous's Chronic Obstructive Pulmonary Disease. The gallery's farewell exhibition, “Oh What a Time,” featured artists such as Trisha Donnelly, Joseph Grigely, Pati Hill, Pierre Joseph, Allen Ruppersberg, Lily van der Stokker, Mona Varichon, and Amy Vogel. Bonnefous will continue to manage the estates of Guy de Cointet, Pati Hill, Dorothy Iannone, Bruno Pelassy, and Sarah Pucci, and work as a curator.

Bank of America ArtTactic Art Market Report 2026 Trends

b of a arttactic art market report 2026 trends

The US art market experienced a 23 percent increase in auction sales in 2025, reaching approximately $3.17 billion according to a joint report by Bank of America and ArtTactic. This growth was not fueled by a rise in general demand but was instead driven by high-value estate consignments, a return to established historical artists, and a heavy reliance on financial guarantees. The data indicates a shift away from the speculative flipping of 'wet paint' contemporary works, which saw negative returns for pieces held for less than five years.

cowley abbott canadian art

Cowley Abbott’s Fall Live Auction of Important Canadian Art will take place on November 26 at Toronto’s Globe and Mail Centre, featuring a curated selection of historical and contemporary Canadian works. Highlights include Jean Paul Riopelle’s *Sans titre* (1950, est. CA$1.2–1.5M), Emily Carr’s *Pole of Harhu* (1912, est. CA$800,000–$1.2M), Lawren Harris’s *Rocky Mountains; Abstract Composition* (est. CA$400,000–$600,000), Jack Bush’s *Awning* (1974, est. $200,000–$300,000), and Jean Paul Lemieux’s *Jeune fille en jaune* (1964). Founded in 2013 as Canada’s first online art auction house, Cowley Abbott has evolved into a hybrid gallery and digital marketplace, with onsite viewing at its Dundas Street West gallery through the auction date.

nyc apartment galleries

Across New York City, a growing number of artists and curators are turning their apartments into informal exhibition spaces, including Iowa in Crown Heights, Interrobang in Sunset Park, Drama in Bushwick, and Club Rhubarb near the Bowery. These home galleries, born from necessity and a rejection of the traditional art market, host shows in living rooms, kitchens, and stairwells, prioritizing intimacy and creative freedom over commercial viability. Antonia Oliver, founder of Iowa, describes her space as an "apartment gallery" that allows her to program without market pressures, exemplified by a recent performance piece by Anna Thérèse Witenberg.