morgan stanley intelligence report triumph contemporary

Morgan Stanley and Artnet have released an Intelligence Report analyzing the explosive growth of the ultra-contemporary art market—defined as work by artists born after 1974. Auction sales in this category surged 305% from 2019 to 2021, reaching $742.2 million last year, driven by strong demand in the U.S. and China. The report breaks down sales by region, price band, and leading artists, highlighting how galleries, fairs, museums, and collectors are capitalizing on this trend.

state of the art market old masters and neo old masters

Artnet News, in collaboration with Morgan Stanley, analyzed auction data from the Artnet Price Database to assess the state of the European Old Master market since 2018. The investigation explores how efforts to contemporize Old Masters—through juxtapositions at art fairs like TEFAF and Masterpiece London, and gallery shows such as David Zwirner's 'Endless Enigma'—have correlated with market trends for Contemporary and Ultra-Contemporary artists whose work is visibly influenced by classical European art. The report also examines the impact of living artists inspired by Old Masters, suggesting that restricting analysis to historical works alone may underestimate their ongoing influence on the art market.

state of the art market surrealist women awakening

A data-driven analysis by Artnet News and Morgan Stanley examines the auction market for women Surrealist artists from 2013 to 2023, using the Artnet Price Database to track prices and sell-through rates. The study contrasts the historical undervaluation of women Surrealists—such as Leonora Carrington, Remedios Varo, Kati Horna, and Bridget Bate Tichenor—against the enduring market dominance of male figures like Dalí, Magritte, and Miró, while noting Frida Kahlo as the top-selling woman Surrealist.

a tale of four cities

Artnet News and Morgan Stanley have released a report analyzing the global art auction market across four major cities—London, Paris, Hong Kong, and New York—over the period from 2013 to 2023. Total auction sales for the first half of 2024 fell to $5.05 billion, down from $7.17 billion in the same period of 2023. The report highlights a dramatic 49 percent decline in London's auction sales following the 2016 Brexit vote, while New York has maintained its dominant position, driven by blockbuster collections like those of Peggy and David Rockefeller and Paul G. Allen. Hong Kong saw growth until the Chinese property crisis in 2022, and Paris has gained ground post-Brexit, with sales up 30 percent over 2013.

hauser and wirth new york museum mega gallery shows

This spring in New York, major museum surveys at MoMA, the Whitney, the Guggenheim, and the Metropolitan Museum of Art feature artists all represented by the mega-gallery Hauser & Wirth: Jack Whitten, Amy Sherald, Rashid Johnson, and Lorna Simpson. The article notes that this concentration has been dubbed "Hauser spring" by some observers, and questions the increasingly blurred line between commercial galleries and museums, especially as Hauser & Wirth has provided financial support for at least three of the four shows.

ruth asawa retrospective sfmoma review

Ruth Asawa's first retrospective at the San Francisco Museum of Modern Art in 1973 featured a communal "dough-in" where children made art from baker's clay, a practice that drew skepticism from some onlookers. Now in 2025, SFMOMA presents a larger retrospective of Asawa's work, showcasing her wire sculptures, drawings, and playful, community-oriented art. The exhibition, organized by SFMOMA's Janet Bishop and MoMA's Cara Manes, will travel to the Museum of Modern Art in New York, the Guggenheim Bilbao, and the Fondation Beyeler.

Our Guide to New York Art Week 2026

New York Art Week 2026 brings a major convergence of art events across the city, including several prominent art fairs such as Frieze New York, Independent New York, TEFAF New York, and NADA New York. The week also features gallery openings spanning from Tribeca to the Upper East Side, as well as auction previews ahead of key sales at Sotheby’s, Christie’s, and Phillips.

How a Louise Bourgeois Print Inspired Eden Xu-Martinez’s Intimate Collection

Eden Xu-Martinez, a collector and art administration professional, has built a personal collection centered on the accessibility and intimacy of prints. Her journey into collecting was catalyzed by a lithography course at Columbia University and a profound encounter with a Louise Bourgeois print, which shifted her perspective on the medium from mere reproduction to a deeply personal form of artistic expression.

For young dealers, being in New York is key to surviving and thriving

The article examines how young art dealers in New York are adapting to the city's high costs and competitive market during the May art season. It highlights galleries like Europa, Esther, and Gordon Robichaux participating in multiple fairs simultaneously, such as Frieze New York and Independent New York, to maximize sales and visibility. Dealers like Pali Kashi and Silke Lindner emphasize strategic resourcefulness, with some sales already covering fair costs, while referencing artist Josh Kline's essay on how real estate pressures stifle artistic risk-taking.

auction jeffrey epstein art collection

Millea Bros. auction house in New Jersey has sold artworks and furnishings from the estate of convicted sex offender Jeffrey Epstein, generating approximately $100,000 in sales so far. The items, which include a sculpture by Arnaud Kasper and a plaster work by Tom Otterness, were photographed in Epstein's Upper East Side mansion by federal authorities. Sales began in June 2024, with a second round starting last week, though auction descriptions omit any mention of Epstein's identity, meaning buyers may unknowingly acquire pieces linked to the notorious figure. Proceeds go toward administering the estate, which must pay $121 million to the Epstein Victims' Compensation Program and has already disbursed over $50 million in direct settlements.

Is Hong Kong Back? The GRAND PRIX de Basel 2026

Hong Kong’s art scene experienced a massive surge of activity in March 2026, anchored by Art Basel Hong Kong and Art Central. The city hosted 240 galleries at the main fair, drawing over 91,000 visitors, alongside numerous boutique fairs, auction previews, and major institutional exhibitions. Highlights included a reassembled 1964 Yayoi Kusama installation at Art Intelligence Global, a lecture by Zhang Xiaogang at Asia Art Archive, and a poignant solo show by artist duo Chow and Lin at SC Gallery.

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

The contemporary art market has declined for the fourth consecutive year, with auction sales for postwar and contemporary works falling to $4.5 billion in 2025 from a peak of $8.5 billion in 2021. Simultaneously, the market has seen a significant rebound in more established categories, with auction sales of Impressionist and Post-Impressionist works rising 47% and Old Masters climbing 30% last year.

The shifting market for luxury: can legacy brands navigate new trends and buyers?

Bénédicte Épinay, president and CEO of Comité Colbert, is organizing 'Hidden Treasures,' an exhibition of French luxury brands at The Shed in New York in late May 2025, timed after Frieze art fair and auction week. The show features 96 French luxury brands, 17 cultural institutions, and six European luxury brands, including Musée du Louvre, Balenciaga, Louis Vuitton, and Cartier. The initiative is part of a broader cultural diplomacy strategy, following a similar exhibition in Shanghai in 2024 that helped reduce tariffs on cognac. The article also notes shifting luxury market dynamics, with strong US sales growth projected at 8% in 2026, while Europe remains stagnant, and emerging markets like India show new wealthy buyers driving auction house growth.

‘This is mine, I own it’: how Tracey Emin and Frida Kahlo inspired me to make meaning out of pain

The article is a personal essay by a writer who, after undergoing a colectomy in 2023, found inspiration in Tracey Emin's unflinching self-portraiture following her 2020 cancer diagnosis. The author describes taking her own post-surgery photographs, echoing Emin's mantra "This is mine, I own it," and reflects on Emin's current work, including the Tate Modern exhibition and paintings like "I watched Myself die and come alive" (2023) and "Barbed Wire Stitches" (2024). The essay also connects Emin's approach to that of Frida Kahlo, whose retrospective is upcoming at Tate.

From Normal to Ania Magliano: your complete entertainment guide to the week ahead

The Guardian's weekly entertainment guide includes a section on art exhibitions, highlighting two shows opening in the UK. Godfried Donkor's solo exhibition at Firstsite in Colchester runs from 22 May to 30 August, weaving stories of resistance from Boudicca to Yaa Asantewaa through collage, painting, and textile. Delcy Morelos's installation at the Barbican in London, running until 31 July, fills the space with huge mounds of earth, clay, and spices to create immersive environments based on Andean and Amazonian knowledge. The guide also mentions Phantasmagoria at the Henry Moore Institute in Leeds, exploring video games and digital art.

A Delayed Art Dubai Opens With Fewer Galleries—but Buyers Abound

Art Dubai opened its 20th edition at Madinat Jumeirah with a significantly reduced number of exhibitors—50 largely regional galleries, down from the originally expected 120—after being delayed from mid-April due to geopolitical tensions following the U.S.-Iran ceasefire on April 8. The fair, which offered free entry for the first time and refunded booth costs for participating galleries, saw strong attendance from Gulf and Middle Eastern collectors, with an upbeat mood and a more intimate atmosphere reminiscent of pre-Covid editions. Galleries from Lebanon and other conflict-affected regions were present, emphasizing art as a form of resilience and cultural identity.

‘I couldn’t believe we weren’t falling over ourselves for it’: Asia-Pacific art finally conquers Britain

The Victoria and Albert Museum (V&A) in London has opened "Rising Voices: Contemporary Art from Asia, Australia and the Pacific," a major exhibition produced in partnership with the Queensland Art Gallery | Gallery of Modern Art (QAGOMA) in Brisbane. Featuring over 70 works never before exhibited in the UK, the show draws from QAGOMA's Asia Pacific Triennial of Contemporary Art (APT), which began in 1993. Highlights include Michael Parekōwhai's sculpture of a Māori bouncer, Montien Boonma's terracotta bell installation, and Takahiro Iwasaki's intricate wooden model. The exhibition is the first APT survey to be held outside Australia and Chile, arriving after years of planning by V&A exhibitions director Daniel Slater.

At the Venice Biennale, the Thrill of Victory, the Agony of Defeat

The article reports on the opening of the 61st Venice Biennale, highlighting the central exhibition "In Minor Keys" conceived by the late Koyo Kouoh, along with national pavilions and collateral events. It notes standout contributions from artists such as Alvaro Barrington, Kaloki Nyamai, Florentina Holzinger, Ei Arakawa-Nash, Li Yi-Fan, and Dries Verhoeven, while describing the American pavilion as lackluster and the overall commercial offerings as uneven. The text also covers performances and exhibitions featuring nudity and body horror, including Tino Sehgal's "The Kiss" and Maja Malou Lyse's video with the collective DIS.

Renowned feminist artist and film-maker Valie Export dies aged 85

Valie Export, the Austrian performance artist and film-maker known for her provocative feminist works that challenged the male gaze, has died at age 85. Her foundation announced she died in Vienna on Thursday, three days before her 86th birthday. Export gained notoriety in the late 1960s for low-budget performances such as "Tapp und Tastkino" (1968), where she invited shoppers to touch her bare breasts through a tiny curtain strapped to her chest. She also co-founded the Austrian Filmmakers Cooperative, participated in documenta (1977, 2007) and the Venice Biennale (1980), and was a professor of multimedia and performance at the Academy of Media Arts in Cologne.

Valie Export, Groundbreaking Feminist Artist Who Questioned the Nature of Art, Dies at 85

Valie Export, the pioneering Austrian feminist artist known for challenging the conventions of art and cinema through body-centered, tactile works, died on May 14 at age 85, three days before her birthday. Her death was confirmed by Thaddaeus Ropac Gallery, which represents her. Over six decades, Export created influential works such as "TAP and TOUCH CINEMA" (1968) and "Action Pants: Genital Panic" (1968), using her own body to question gender norms and the nature of film. Born Waltraud Lehner in Linz, she reinvented herself as VALIE EXPORT in 1967, a name symbolizing her exportation of personal ideas. She was associated with the Viennese Actionists but developed her own expanded cinema practice, producing works like "Abstract Film No. 1" (1967–68) that redefined the medium.

In Pictures: New Museum curator Gary Carrion-Murayari’s Frieze favourites

New Museum curator Gary Carrion-Murayari shares his personal highlights from the Frieze New York art fair, selecting works by artists including Arthur Simms, Haegue Yang, Abel Rodriguez and Aycoobo-Wilson Rodríguez, Sung Tieu, Maryam Hoseini, Pedro Neves, and Melvin Way. Each pick is accompanied by a brief commentary explaining why the work resonates with him, ranging from underappreciated talents to artists featured in the 2024 Venice Biennale.

In Pictures: the best of Venice at Frieze New York

Frieze New York 2025 features a curated selection of works by artists also showing at the Venice Biennale, including Precious Okoyomon, Alma Allen, Dayanita Singh, Alvaro Barrington, and Paulo Nazareth. The fair highlights pieces ranging from Okoyomon's intimate works on paper at Mendes Wood DM to Allen's bronze wall sculpture at Perrotin, priced between $30,000 and $150,000. Other notable stands include Nabil Nahas's fractal-inspired painting at Lawrie Shabibi and P420, Singh's archival photographs at Frith Street Gallery, and Barrington's carnival-themed paintings at Emalin, alongside a sculpture by Sung Tieu.

Ten years on, Tefaf New York still stands out from the crowd

Tefaf New York returns to the Park Avenue Armory from 15 to 19 May, bringing together 88 exhibitors from 14 countries. The fair, which launched in 2016 as a two-part event and consolidated into a single annual edition in 2022, spans Greco-Roman antiquities, jewellery, 20th-century design, and contemporary art. This year’s edition includes nine new exhibitors such as David Lévy, Larkin Erdmann, Piano Nobile, Macklowe Gallery, and ML Fine Art, and sees the return of John Berggruen after a three-year absence. Fair leadership, including director Leanne Jagtiani and head of fairs Will Korner, emphasize the fair’s distinctive focus on Modern art, which they say differentiates it from other spring fairs in New York that are more heavily weighted toward contemporary work.

Bodies, Bodies, Bodies: Artists Revisit the Nude in Shows Across New York

This spring in New York, multiple exhibitions are revisiting the nude as an artistic genre, with artists exploring themes of flesh, harm, aging, and political oppression. Notable shows include Seung Ah Paik's "Self Configuration" series at Bortolami, where she paints distorted self-portraits that recall Surrealist and feminist traditions, and Joan Semmel's self-portraits at Alexander Gray Associates, which continue her decades-long focus on the nude body. These shows are part of a broader trend that also includes the New Museum's "New Humans: Memories of the Future."

Bringing back the salon: UK organisation aims to revive Brighton's contemporary art scene

The Adelaide Salon, a new arts organization founded in 2024 by Pascal Dowers and Paulina Anzorge, is staging a ticketed contemporary art event at Brighton's Royal Pavilion on 30 May, featuring live art and performance. This follows the organization's earlier exhibitions at their home in Adelaide Crescent and a current takeover of the Founders Room at Brighton Dome with the exhibition Act O (until 25 May), part of the Brighton Festival. The salon aims to revive Brighton's art scene after notable losses, including the 2023 closure of Brighton University's Centre for Contemporary Art (CCA) and the withdrawal of Arts Council funding at Fabrica gallery.

At a Powerful Carnegie International, Solidarity Is a Means of Survival

The 2026 Carnegie International, titled “If the word we,” opened at the Carnegie Museum of Art in Pittsburgh, featuring 61 artists from around the world. Curated by Ryan Inouye, Liz Park, and Danielle A. Jackson, the exhibition emphasizes collective survival and interdependence, with works including Khalil Rabah’s video about Palestinian resilience, Shala Miller’s abstraction inspired by Toni Morrison, and a performance by Brooke O’Harra and collaborators celebrating teamwork through a historic basketball dunk by Julius Erving. The show extends to three other venues, including the Mattress Factory, where married artists Claudia Martinez Garay and Artur Kameya present a sprawling installation.

Asian Artists Set the Stage at Independent Art Fair 2026

At the 17th edition of the Independent art fair in New York, six galleries are presenting solo booths dedicated to Asian artists, including a U.S. debut by Taiwanese artist Tseng Chien-Ying and works by Japanese painter Rika Minamitani and Chinese conceptual artist Pu Yingwei. Founder Elizabeth Dee highlights the trend as reflecting broader geopolitical shifts and artists' desire to engage with complex cultural debates in New York.

Aspen Art Fair Names More Than 35 Exhibitors for 2026 Edition at Hotel Jerome

The Aspen Art Fair has announced more than 35 exhibitors for its third edition, returning to the Hotel Jerome from July 29 through August 1, 2026. This will be the first edition under director Kelly Cornell, who also leads the Dallas Art Fair. Newcomers include Albertz Benda, Friedman Benda, Library Street Collective, Monique Meloche Gallery, and R & Company, alongside returning galleries such as Marianne Boesky Gallery, Perrotin, Sean Kelly, and Galerie Gmurzynska. The fair will debut an outdoor sculpture garden and continue its Art Prize Program with residencies and commissions through Anderson Ranch Arts Center and Buckhorn Public Arts. It also coincides with the AIR festival organized by the Aspen Art Museum and partners with the Aspen Education Foundation to support local student artists.

The Defining Themes of Today’s Biennial Art

The article analyzes the defining themes and styles of the past four years in the international biennial circuit, based on a survey of 130 biennials. It identifies a core group of artists who appeared most frequently, including Ali Eyal, Apichatpong Weerasethakul, Carolina Caycedo, Kapwani Kiwanga, and Tuan Andrew Nguyen, among others. Many of these artists are also featured in the upcoming 61st Venice Biennale curated by the late Koyo Kouoh. The piece categorizes their work under two broad themes: "Post-Colonial Post-Conceptualism," which involves poetic engagement with colonial history and artifacts, and "Families and Networks," where artists explore personal and political family histories.

Zurbarán in London, the Carnegie International, Walter Sickert’s Ennui—podcast

This episode of The Art Newspaper's podcast covers three major art events opening this weekend. The largest career survey of 17th-century Spanish master Francisco de Zurbarán since the 1980s opens at the National Gallery in London, co-curated by Francesca Whitlum-Cooper. The 59th Carnegie International, titled "If the word we," opens at the Carnegie Museum of Art and other venues in Pittsburgh, directed by Eric Crosby. The Work of the Week is Walter Sickert's "Ennui" (c.1914), featured in the exhibition "Walter Sickert: Working Notes" at Charleston in Lewes, curated by Robert Travers of Piano Nobile in partnership with Charleston.