art market price increase 2025

The article examines the paradox of rising art prices despite a contracting market. The global art trade shrank by 12% in 2024, according to the Art Basel/UBS Art Market report, and financial volatility from trade wars has further depressed conditions. Yet dealers resist lowering prices, fearing that doing so would signal decreased value. Collectors like Jeff Magid argue that entry-level prices—often tens of thousands of dollars—are shutting out new buyers, and artists sometimes must leave their galleries to restart at lower price points. The upcoming Frieze New York fair will test whether this pricing strategy holds.

Iris van Herpen’s New Retrospective Transcends Time, Space, and the Senses

The article covers the opening of "Iris van Herpen: Sculpting the Senses," a midcareer retrospective at the Brooklyn Museum featuring over 140 haute couture creations by Dutch designer Iris van Herpen. The exhibition, curated by Matthew Yokobosky and Imani Williford, places van Herpen's work alongside scientific and natural inspirations, including a 180 million-year-old fossil, and includes a reconstructed version of her atelier with interactive elements. The show originated at the Musée des Arts Décoratifs in Paris in 2023 and has traveled globally.

The Must-See Biennale Exhibitions in Venice

The 61st International Art Exhibition of La Biennale di Venezia, titled "In Minor Keys," opens May 9 as a tribute to its late curator Koyo Kouoh. Alongside the Biennale, Venice hosts numerous concurrent exhibitions: Marina Abramović's "Transforming Energy" at Gallerie dell'Accademia (the only living female artist with a major show there); the Matthew Wong Foundation's inaugural exhibition "Interiors" featuring unseen works by the late Chinese Canadian artist; retrospectives of Michael Armitage at Palazzo Grassi and Lorna Simpson at Punta della Dogana; Hernan Bas's new paintings at Ca' Pesaro; Lu Yang's "DOKU The Illusion" at Espaces Louis Vuitton Venezia; and "Minimal Legends" at the Vincenzo de Cotiis Foundation, staging a dialogue among Minimalist masters.

At a Los Angeles exhibition, contemporary artists face off with decommissioned Confederate statues

The exhibition "Monuments" opens on 23 October in Los Angeles, co-curated by Hamza Walker, Bennett Simpson, and artist Kara Walker, and staged at both the Museum of Contemporary Art, Los Angeles (MOCA) and the Brick. It features nearly 20 decommissioned Confederate statues—including the melted-down Robert E. Lee monument from Charlottesville—displayed alongside contemporary works by artists such as Leonardo Drew, Martin Puryear, Nona Faustine, Kahlil Robert Irving, Bethany Collins, and Walter Price. The show was inspired by the 2017 Unite the Right rally and the subsequent removal of dozens of monuments across the US.

Marcel Duchamp Is Stripped Bare at MoMA

The Museum of Modern Art in New York has opened "Marcel Duchamp," the first retrospective of the artist on this continent in over 50 years. Curated by Ann Temkin, Michelle Kuo, and Matthew Affron, the exhibition is organized strictly chronologically and features Duchamp's most famous works—including his revolutionary readymades like *Fountain* (1917) and *Bicycle Wheel* (1913)—often shown only in photographic reproduction or as later refabricated copies, replicas, and miniatures from his *Box in a Valise* series. The show highlights how Duchamp's original objects have been lost or dematerialized, forcing viewers to confront the very definition of an artwork.

San Francisco announces its first-ever executive director of arts and culture.

Matthew Goudeau has been appointed as San Francisco's first-ever executive director of arts and culture, tasked with safeguarding the arts as a key part of the city's creative economy and identity. The appointment comes amid uncertain federal arts funding, but local arts funding in San Francisco is projected to increase this year under Mayor Daniel Lurie's leadership.

It’s LACMA’s World, and Hollywood Wants to Play in It

The Los Angeles County Museum of Art (LACMA) celebrated the opening of its new David Geffen Galleries with a star-studded gala that raised nearly $11.5 million. The event brought together architect Peter Zumthor, museum director Michael Govan, and a high-profile mix of Hollywood celebrities, artists, and major donors. The $720 million building, Zumthor's first major project in the United States, marks the culmination of a decades-long development process and is set to open to the public next week.

New Year, New View: Eight Places to See Art This Winter (and Beyond)

The article highlights eight must-see art exhibitions for the winter season. Key shows include "Dreamworld: Surrealism at 100" at the Philadelphia Art Museum, a Gerhard Richter retrospective at the Fondation Louis Vuitton in Paris, a survey of avant-garde artist Bettina Grossman at Ruth Arts in Milwaukee, a Jacqueline Humphries exhibition at the Aspen Art Museum, and "Ideas of Africa: Portraiture and Political Imagination" at New York's Museum of Modern Art. Other notable exhibitions are also mentioned, covering a range of historical and contemporary artists.

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.

parties moma ps1 50th anniversary

MoMA PS1 kicked off its 50th anniversary year with an intimate cocktail event at the Tribeca townhome of board member Michi Jigarjian, hosted by the museum's patron group the Greater New Yorkers. Over 100 guests—including artists, collectors, dealers, and curators—gathered for remarks from Director Connie Butler, Chief Curator Ruba Katrib, and co-chairs Leslie Fritz, Ed Tang, and Amitha Raman, followed by a performance by experimental cellist Dorothy Carlos. Attendees received a first look at the upcoming quinquennial exhibition "Greater New York 2026," which will feature over 50 New York-based artists, with a partial list including Farah Al Qasimi, Fields Harrington, Hardy Hill, Sofia Sinibaldi, and Julia Wachtel.

Major News from International Museums: London's National Gallery Expands and Pompidou Opens in Seoul

Le grandi novità dei musei internazionali: cresce la National Gallery di Londra e il Pompidou apre a Seoul

The National Gallery in London has selected a design team led by Kengo Kuma and Associates, alongside BDP and MICA, to lead its massive £750 million expansion project titled 'Project Domani.' Chosen from 65 international entries, the winning proposal will transform the St Vincent House site into a new museum wing featuring a stepped Portland stone facade, public roof gardens, and light-filled galleries. The project coincides with the institution's bicentenary and has already secured half of its required funding through private and anonymous donations.

Everything to know about David Geffen Galleries as a new LACMA emerges

The Los Angeles Times reports on the upcoming David Geffen Galleries, a new building that will become the centerpiece of the Los Angeles County Museum of Art (LACMA) as it undergoes a major transformation. Designed by architect Peter Zumthor, the structure is part of a long-delayed, multi-billion-dollar renovation project that aims to modernize the museum's campus and consolidate its collection under one roof. The article details the timeline, design features, and the controversies surrounding the project's cost and scope.

Recommissioned Rebels

The exhibition "Monuments," co-organized by The Brick and the Museum of Contemporary Art, Los Angeles (MOCA), features ten former Confederate monuments removed from public spaces across the American South. Highlights include Kara Walker's reconfigured "Unmanned Drone" (formerly Charlottesville's Stonewall Jackson monument), Richmond's toppled Jefferson Davis statue, and a graffitied Matthew Fontaine Maury statue. Co-curator Hamza Walker explains the show began after the 2015 Charleston church shooting and gained urgency following George Floyd's murder in 2020, involving complex negotiations with city governments and stewards to secure the politically charged pieces.

Under the Bridge, Beyond the Gloss: DUMBO’s Art Scene Defies Its Gentrified Image

The article reports on the First Thursday Gallery Walk in DUMBO, Brooklyn, a monthly event where galleries, artist studios, and creative spaces stay open late for exhibitions, artist talks, and performances. The author attended the latest iteration, starting with a rooftop cocktail party at the Jay 20 building, which houses nearly 200 artists and programs like the Sharpe-Walentas Studio Program. The walk highlighted over 20 galleries and 170 artist studios, including Smack Mellon and A.I.R. Gallery, as well as public art initiatives like the Dumbo Projection Project.

Exploring the Eli and Edythe Broad Art Museum: Curves, Culture, and Creativity in Lansing

A visitor recounts their experience at the Eli and Edythe Broad Art Museum on the Michigan State University campus in Lansing, Michigan. The article describes the museum's striking architecture designed by Zaha Hadid, noting its curved, geometric form and use of glass and light. Inside, the visitor highlights several current exhibitions: "Nabil Kanso: Echoes of War" (on view through June 29, 2025), "Farmland" (through July 27, 2025), and the 2025 MFA Exhibition featuring works by graduating students Claire E. Heiney, Morgan Reneé Hill, and Megan Weaver. The author reflects on the emotional impact of the art and the educational value of the visit.

Before He Stole the Oscars, Timothée Chalamet Stole Ballet and Opera

Actor Timothée Chalamet sparked controversy by stating in an interview that he doesn't want to work in ballet or opera, describing them as artforms where the goal is to "keep this thing alive." The comment prompted swift backlash from the dance community, with institutions extending personal invitations and op-eds criticizing his remarks.

First UK Ken Price solo exhibition in nearly 10 years to open at Lisson.

Lisson Gallery, in collaboration with Matthew Marks Gallery, will present the first solo exhibition of Ken Price's work in the UK in nearly a decade. The show brings together sculptures and drawings, several shown in London for the first time, spanning the late American artist's five-decade career. Best known for expanding the possibilities of ceramics, Price created intimate yet monumental works that blend abstraction and figuration, with richly layered surfaces achieved through painstaking pigment and sanding processes. The exhibition includes iconic pieces such as 'Prone' (1997), 'Itself' (2003), 'Yin' (2009), and 'Amazon' (2003), alongside rarely seen works on paper that reveal his imaginative, dreamlike landscapes.

Mojave Shadows: Reception and Curator's Talk

The Nevada Humanities Program Gallery is hosting a reception and curator's talk for the exhibition "Mojave Shadows." The event, scheduled for Tuesday, April 14, offers the public an opportunity to engage directly with the curatorial vision behind the show, which explores regional themes through a specific lens of light and landscape.

New Orleans artists mark 20 years since Hurricane Katrina

An ongoing group exhibition titled "This City Holds Us" at Ferrara Showman Gallery in New Orleans marks the 20th anniversary of Hurricane Katrina. The show, which opened on White Linen Night, features work by ten artists affected by the storm and focuses on the city's recovery and artistic reinvestment rather than the destruction. Gallery founder Jonathan Ferrara and director Matthew Weldon Showman curated the exhibition to honor the past while celebrating progress, with artists submitting written testimonies about how the storm shaped their lives and practices.

NEXT in the Gallery: See Pittsburgh-made art in the streets, coffeehouses and a warehouse in Brooklyn

NEXTpittsburgh's August gallery guide highlights a wave of Pittsburgh-made art appearing in streets, coffeehouses, open studios, and even a warehouse in Brooklyn. Featured exhibitions include the Pittsburgh Photography Club's 140-year retrospective at Manos Gallery, Monica Matthews' graphite pencil drawings at Ruckus Coffee Gallery & Café, the juried group show "Living Canvas III" at Studio 4, Kristin Divers' pastel solo show at Mark Rengers Gallery, the multimedia group exhibition "Horizons" at Castle Consortia, and Annie Heisey's paintings at Sweetwater Center for the Arts. The month also includes a one-night solo show by New Orleans muralist Dago at Studio 4.

inside a new gallery championing postwar abstraction 2737554

Shamnoski Gallery, a new brick-and-mortar space focused on postwar abstraction, opened on New York's Upper East Side in November 2025. Founded by Matthew Shamnoski, the gallery evolved from his online platform Projects 28 and champions mid- to late-20th-century artists and estates, particularly those historically overlooked. The gallery's inaugural exhibition, "John Grillo: Collages 1952–1962," reflects its mission to provide sustained presentation and scholarship for artists within this lineage.

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Artist Brittany Fanning has publicly accused London-based Pictorum Art Group of failing to pay her for works sold in a group show three years ago. She and other artists, including Finn Johnson who obtained a court judgment, claim they are owed money. Former staffers also report unpaid wages. The gallery, which operated on Portman Square, was dissolved in July, and attempts to reach its directors, brothers Jackson Navin and Matthew Navin, were unsuccessful. Fanning, who has shown at galleries like Mindy Solomon and Steve Turner, says she is owed around $9,140 total, including for the painting *Shark Lover*.

manhattan district attorney returns antiquities greece 1234756833

The Manhattan District Attorney's office has returned 29 antiquities valued at $3 million to Greece, following seizures by its Antiquities Trafficking Unit. The objects were recovered from ongoing investigations into looting and trafficking networks run by convicted traffickers Robin Symes and Eugene Alexander. Two of the items—a Bronze Foot in the Form of a Sphinx and a Bronze Applique of a Gorgon, both from the 6th century B.C.E.—were seized from the Metropolitan Museum of Art this year, having passed through traffickers and galleries before entering the museum's collection.

trump fires national council on the humanities 1234755262

The White House fired the vast majority of the National Council on the Humanities, the advisory body for the National Endowment for the Humanities (NEH), on Wednesday during a government shutdown. A letter from Mary Sprowls of the Presidential Personnel Office informed council members that their positions were terminated effective immediately. Only four members remain—all white men—despite a statutory requirement for equitable representation of women, minorities, and individuals with disabilities. The council typically comprises 26 scholars and humanities leaders appointed for six-year terms, and its meetings require at least 14 members. The dismissals come as the NEH has already faced severe cuts, including a two-thirds staff reduction in June and a proposal to eliminate the agency entirely in the 2026 budget.

matthew christopher pietras death by suicide 1234751475

Matthew Christopher Pietras, an arts patron who pledged millions to the Metropolitan Opera and the Frick Collection, died by suicide on May 30 in his Manhattan apartment, as ruled by the New York City medical examiner. His death was attributed to acute intoxication from a combination of prescription drugs. Pietras had made a $15 million pledge to the Met Opera, but when he attempted to transfer $10 million, the transaction was flagged as fraudulent, and it was later revealed that the funds belonged to the Soros family, not to Pietras himself. He worked as a financial manager—or, more accurately, a personal assistant and property manager—for Gregory Soros, the youngest son of billionaire George Soros.

manhattan das office returns over 30 antiquities to spain italy and hungary 1234749145

The Manhattan District Attorney's Office, led by Alvin Bragg and the Antiquities Trafficking Unit under Matthew Bogdanos, has repatriated over 30 antiquities to Spain, Italy, and Hungary. The returned objects include a 1st-century CE marble head of Alexander the Great as Helios, a 1675 Jesuit manuscript stolen during World War II, and several 6th-century Visigoth pendants trafficked by Robin Symes and sold to the Metropolitan Museum of Art in 1990. The items were seized from traffickers including Giacomo Medici, Giovanni Franco Becchina, Robin Symes, Robert Hecht, Eugene Alexander, and Edoardo Almagià, who is awaiting extradition from Italy.

unique juvenile dinosaur sothebys 2659142

A rare juvenile Ceratosaurus fossil sold for $30.5 million at Sotheby's New York, far exceeding its $6 million presale estimate after a six-minute bidding war. The 154-159 million-year-old specimen, discovered in 1996 at Wyoming's Bone Cabin Quarry, contains 139 original bone elements and stands over 6 feet tall. Sotheby's stated the buyer plans to loan the fossil to an institution.

culture freelance artist tax write offs crazy

The article explores the creative freelancer's financial landscape, focusing on the tax write-off strategies used by artists, writers, musicians, and other cultural workers. It features anecdotes from figures like writer Michelle Tea, photographer Luisa Opalesky, artist Josh Kline, and musician Ben Levi Ross, who share the unusual items they have deducted as business expenses—ranging from cat food and luxury handbags to Skittles, NyQuil, and even a vintage truck used in a film.

art exhibition moma marcel duchamp retrospective

The Museum of Modern Art (MoMA) in New York is organizing a major retrospective of Marcel Duchamp, the first in the U.S. since 1973. Curated by Michelle Kuo, Ann Temkin, and Matthew Affron, the exhibition titled "Marcel Duchamp" will run from April 12 through August 22 and feature over 300 artworks, including iconic pieces like *Nude Descending a Staircase, No. 2* and *Fountain*. The curators describe the challenge as extreme, given Duchamp's deliberate confounding of traditional art systems, and they aim for a "deadpan accuracy" in presenting his work, including studies and replications as independent artworks.

art collector questionnaire negotiations acquisition

CULTURED magazine asked art collectors to share their strangest negotiation experiences with artists or dealers. Responses range from a late-night studio sale in a dark East Atlanta alleyway to accidentally bidding on a second impression of a Picasso etching at auction. Other tales include haggling over a borrowed frame after a Christie's purchase, a dealer insisting the artwork be displayed in a specific room, and acquiring a Rick Lowe painting sight unseen from Gagosian after seeing it at the Venice Biennale. The survey reveals the quirky, human side of art transactions often hidden behind market mythology.