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Which Country’s Art Market Came Out on Top in 2025?

The United States solidified its position as the world's leading art market in 2025, with fine-art auction sales rising 25.3 percent to reach $5.4 billion. Despite early volatility caused by trade tariffs, a surging stock market and cooling inflation fueled a massive November auction season in New York, where nine of the year's ten most expensive artworks were sold. In contrast, China's market contracted by nearly 11 percent due to a persistent property crisis, while the United Kingdom and France saw significant growth, with Paris benefiting from the momentum of Art Basel Paris.

barbara guggenheim abigail asher lawsuit 1234747531

Barbara Guggenheim Associates, Inc., a New York art advisory firm, is embroiled in legal conflict after founder Barbara Guggenheim and her longtime associate Abigail Asher filed dueling lawsuits in the Supreme Court of the State of New York. Guggenheim’s suit, filed in August but only recently reported by Artnet News, accuses Asher of diverting some $20.5 million in firm revenue for personal expenses, including rent, dinner bills, and home repairs, and alleges Asher wrongfully kept commissions from a Jean-Michel Basquiat artwork. Asher countersued, accusing Guggenheim of bullying, gaslighting, and using firm funds for personal costs like funeral expenses and luxury vehicles, while denying the financial misconduct claims. The lawsuits also involve the firm’s CPA, Robert Mandeltort, and Asher’s assistant, Jessica Lewis.

derek jeter red grooms sculpture 1373434

Miami-Dade County has granted permission to the Miami Marlins, led by CEO Derek Jeter, to move Red Grooms's massive kinetic sculpture *Homer* from its original location inside Marlins Park to a new outdoor plaza called the Marlins Park Art Walk. The 73-foot-tall, $2.5 million artwork, which activates with water jets and spinning figures after every Marlins home run, has been opposed by the 81-year-old artist, who argues the un-weatherized piece will be damaged by the elements. Grooms and his wife have publicly appealed to keep the sculpture in place, but the county's Art in Public Places board approved the relocation, with the team facing a $2,000-a-day fine if the work is not reinstalled by January 1, 2020.

frank lloyd wright rollin furbeck home 2652800

A Frank Lloyd Wright home, the Elizabeth and Rollin Furbeck House (1898), has been listed for sale at $2 million in Oak Park, Illinois. The 5,000-square-foot, five-bedroom property features a 9-foot-wide picture window thought to be the first such residential feature by Wright, along with Roman brickwork, diamond-paned windows, and a heated pool. The current owners, Tom and Deb Abrahamson, have lived there for 27 years and are seeking a buyer who will appreciate its historic and architectural significance.

The message behind the US pavilion at the Venice Biennale

The article previews the 61st Venice Biennale, opening May 9 and running through November 22, highlighting early controversies. The five-person Golden Lion jury, led by Brazilian curator Solange Farkas, resigned after declaring they would not consider pavilions from countries under International Criminal Court investigation, targeting the Israel pavilion and its artist Belu-Simion Fainaru. Separately, the US pavilion has drawn scrutiny from the New York Times over its selection process, with commissioner Jenni Parido (a former pet food store owner) tapping curator Jeffrey Uslip and sculptor Alma Allen, bypassing traditional funders like the Ford and Mellon foundations.

Towering cost: Tracey Emin hit with £160,000 bill to fix Margate flats

Tracey Emin is facing a £160,000 bill to address structural defects at Arlington House, a landmark Brutalist tower block in Margate. The artist, who owns four properties in the building, is among 142 leaseholders required to pay £40,000 per flat to replace cladding following an assessment by the UK government’s building safety regulator. Emin has publicly criticized the charges, questioning why recent buyers are being held financially responsible for decades of alleged maintenance neglect by the building's owner, Freshwater.

Art Critic, Jerry Saltz Speaks at Palm Beach Modern Auction to VIP Audience

Pulitzer Prize-winning art critic Jerry Saltz delivered a private talk at Palm Beach Modern Auctions in Florida. The event, held amidst works by artists like Andy Warhol and Willem de Kooning, brought together museum professionals, gallery owners, dealers, and major collectors in a space typically associated with commerce.

One Art Space Tribeca Presents “The Space Between Us”

One Art Space in Tribeca presented “The Space Between Us,” a group exhibition curated by Mitchell Rodbell featuring 13 artists including Rodbell, Miyuki Fuji, Madhu Powar Garg, Marietta Gavaris, and others. The weeklong show ran from January 12 to January 18, 2026, with many works sold during the VIP opening night. Notable attendees included co-owner MaryAnn Giella McCulloh, Dr. Robi Ludwig, Melanie Goodreaux, and Bruce Morrow.

Did Qatar’s Courbet acquisition short-circuit French export licence process?

Qatar Museums has acquired Gustave Courbet's early self-portrait *Le Désespéré* (1843-45) from a French collector for €50 million, bypassing the standard French export licence process. The Musée d'Orsay revealed the purchase at a private event in October, announcing the painting will be lent to the museum for five years before moving to Qatar's future Art Mill Museum (opening by 2030). The sale was conducted without an export certificate, with the justification that the work will remain in France for most of the time, using temporary export licences for exhibitions in Doha. Critics, including heritage campaigner Julien Lacaze, argue this exemption is being misused, as it was intended for one-off exhibitions, not recurring rotations.

Repeat art fraudster arrested for stealing Courbet painting

London gallery owner Patrick Matthiesen consigned a Gustave Courbet painting, *Mother and Child on a Hammock* (1844), to the Nicholas Hall Gallery in New York for Tefaf Maastricht 2023, listed at $650,000. After it failed to sell, Matthiesen was contacted by a man calling himself Thomas Doyle (also A.J. Doyle), who claimed to be a former US Air Force pilot, government contractor, and art dealer with family ties to Doyle Auctions. Despite Doyle having 11 prior fraud convictions—including stealing a bronze Degas statue in 2007—Matthiesen was convinced by artworks Doyle sent for inspection, including works attributed to El Greco, Rubens, and a Michelangelo drawing. In 2024, Doyle borrowed the Courbet to show a potential buyer and never returned it. Doyle has now been arrested for the theft.

Fast-rising Montana art organisation to take over century-old theatre

Tinworks Art, a non-profit contemporary art space in Bozeman, Montana, is expanding from its original industrial campus to the historic Rialto Theater downtown. Opening November 21, Tinworks at Rialto will debut with Matthew Barney's 2018 film *Redoubt*, on view until February 1, 2026, marking the organization's first year-round venue for installations, talks, screenings, and performances. The Rialto, which opened as a theater in 1924, was donated to Tinworks by its previous owners. Additionally, Tinworks is restoring its deteriorating mill building on the northeast campus, set to open in October 2026, which will add flexible gallery spaces, a visitor center, and offices, extending programming beyond its current June-to-October schedule.

MFA Boston returns work by enslaved artist David Drake to his heirs, Wifredo Lam, Ghirlandaio’s Adoration of the Magi—podcast

The Museum of Fine Arts (MFA) in Boston has agreed to return two 1857 works by the enslaved potter David Drake to his descendants. One vessel will remain on loan to the museum for at least two years, while the other, known as the "Poem Jar," has been purchased back by the museum for an undisclosed sum, now carrying a certificate of ethical ownership. The episode also covers the opening of the exhibition "Wifredo Lam: When I Don’t Sleep, I Dream" at the Museum of Modern Art in New York, featuring the modernist painter of African and Chinese descent, and discusses Domenico Ghirlandaio's "Adoration of the Magi" (1488) in the context of a new book on Renaissance foundlings.

In Prague, the long-term future of Alphonse Mucha’s ‘Slav Epic’ hangs in the balance

Alphonse Mucha’s monumental 20-painting series *Slav Epic*, completed in 1928, has never received the permanent exhibition space in Prague that the artist demanded when he donated the work to the city. For decades the series has been displayed in Moravský Krumlov, and its current loan there was recently extended to 2031. Plans to install the Epic in a vaulted underground space designed by Thomas Heatherwick as part of Crestyl’s Savarin development have stalled due to permitting delays, though Crestyl now expects construction to begin in 2025 and open in 2029. Meanwhile, legal disputes persist: John Mucha (the artist’s grandson) had threatened to revoke the city’s ownership, and another granddaughter, Jarmila Mucha Plocková, has challenged the proposed location as unworthy.

Ten surprises at the National Gallery’s five-star Van Gogh exhibition

The National Gallery in London opened its exhibition "Van Gogh: Poets & Lovers" (14 September 2024–19 January 2025) to five-star reviews, attracting a record 335,000 visitors. The article reveals ten surprising details about individual paintings on loan from around the world, including a self-portrait that once hung in the American ambassador's residence in Regent's Park, a painting executed on a dish towel when Van Gogh ran out of canvas, and the revelation that casino mogul Steve Wynn owns The Trinquetaille Bridge. Other surprises include a stark white replica frame for Roses, inspired by frames designed by Dr. Paul Gachet, and the fact that The Public Garden, Arles is owned by a foundation set up by Bernard Arnault, the world's third richest person.

Artists who didn’t make Minnesota State Fair get second chance in ‘Rejects’ show

The article reports on the 2025 'State Fair Rejects' show at Douglas Flanders & Associates Gallery in Minneapolis, which accepts artworks that were not selected for the Minnesota State Fair's juried fine arts exhibition. Artist Attila Ray Dabasi, who had been accepted regularly in the past but was rejected this year, is among about 75 participants displaying works like his sculpture 'Armageddon.' The gallery, led by owner Doug Flanders, started the show last year to give rejected artists a second chance to exhibit and sell their work, with all drop-offs accepted. The State Fair received 2,834 submissions but only 337 were chosen, highlighting the competitive nature of the fair.

Ancient marble bust returned to Italy following seven-year legal battle

A first-century CE marble bust, known as the "Head of Alexander," was returned to the Italian government on August 5, ending a seven-year legal battle. The bust, believed stolen from an Italian museum decades ago, was seized in 2018 by the Manhattan District Attorney's Antiquities Trafficking Unit from Safani Gallery in New York. The gallery filed multiple lawsuits against Italy and the Italian Ministry of Culture, claiming unlawful taking and seeking compensation, but all claims were dismissed. The bust, excavated in the early 1900s along Rome's Via Sacra, had passed through multiple cities and auctions, including sales at Sotheby Park Bernet and later for $150,000 by Safani Gallery in 2017.

Skeletons, Tears and Lobsters: Schiaparelli Exhibition to Open in 2026

The Victoria & Albert Museum in London will host "Schiaparelli: Fashion Becomes Art" at the Sainsbury Gallery from March 21 to November 1, 2026. The exhibition traces the legacy of founder Elsa Schiaparelli from the 1920s to the present, under current owner Diego Della Valle and creative director Daniel Roseberry. It will feature over 200 objects spanning Paris, London, and New York, including garments, accessories, jewelry, paintings, photographs, and archive material. Highlights include the Skeleton dress (1938) and the Tears dress (1938), created in collaboration with Salvador Dalí. The show also explores Schiaparelli's relationships with clients like Wallis Simpson and artists such as Pablo Picasso, Jean Cocteau, and Man Ray.

The PHLCVB, the PMA, and Meg Saligman Announce Major Art Installations for 2026

The Philadelphia Convention and Visitors Bureau, the Philadelphia Museum of Art, the Pennsylvania Academy of the Fine Arts, and the Middleton family have announced major art installations for 2026 to celebrate America's 250th anniversary. A dual-venue exhibition titled "A Nation of Artists" will open in April 2026 at the PMA and PAFA, featuring over 1,000 works of American art, including pieces from the private collection of Phillies majority owner John S. Middleton. Additionally, renowned muralist Meg Saligman will launch "Ministry of Awe," a six-story immersive art experience housed in a 19th-century bank.

Ernst Ludwig Kirchner painting thought to be lost for decades goes on display in Basel

A long-lost Ernst Ludwig Kirchner painting, *Tanz im Varieté* (Dance at the Varieté, 1911), has gone on display at the Kunstmuseum Basel after being rediscovered and purchased at auction. The work, previously known only through photographs, was sold at Ketterer Kunst in Munich for around €7 million to the Im Obersteg Foundation, which loans its collection to the museum. The painting depicts a cakewalk dance and had not been exhibited since 1923 in Berlin. Its provenance includes ownership by a German collector during the Nazi era, when Kirchner's art was deemed 'degenerate,' and damage by French soldiers who discovered it in a crate after World War II.

Kimbell Art Museum acquires Chardin still life after record-breaking auction sale falls through

The Kimbell Art Museum in Fort Worth, Texas, has acquired Jean Siméon Chardin's still life *The Cut Melon* (1760) from the Rothschild family after a record-breaking auction sale at Christie's Paris in June 2024 fell through. The winning bidder, Italian real estate promoter Nanni Bassani Antivari, never paid, leading Christie's to sue him for compensation. The Rothschilds then sold the painting directly to the Kimbell, which had been the underbidder at auction. The work, which retains its original frame from its 1761 Salon debut, went on view at the museum on 22 May in the French still life gallery.

‘It is not good or bad’: in a frantic age, Beeple seeks a more nuanced take on technology

Digital artist Mike Winkelmann, known as Beeple, is expanding his practice beyond the record-breaking NFT sale of *Everydays: The First 5,000 Days* (2021) into interactive video sculptures and public art. His latest works, *The Tree of Knowledge* (2024) and *Diffuse Control* (2025), debut this month at SXSW London and The Shed in New York, respectively. These generative pieces allow ongoing collaboration between artist, owner, and public, building on his earlier kinetic sculpture *Human One* (2021), which has toured globally. Beeple continues his daily social media posts (Everydays) as a form of satire and commentary on technology and media noise.

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.

isaac wright speaks to artnews after being busted during the opening of his show in chelsea 1234743187

Urban explorer artist Isaac Wright, known as 'Drift,' was arrested by NYPD officers at the opening of his 'Coming Home' exhibition at Robert Mann Gallery in Chelsea. He faces a misdemeanor trespassing charge for allegedly climbing the Empire State Building to take a photograph featured in the show. Wright, who has been arrested four times for similar acts, was released on bail and spoke to ARTnews about the unexpected arrest in front of 400 gallerygoers.

frieze launches new seoul space 2654820

Frieze has announced the launch of Frieze House Seoul, a year-round exhibition and project space in the Yaksu-dong neighborhood, set to open alongside the fourth edition of Frieze Seoul from September 3 to 6, 2025. Housed in a four-story building dating from 1988, the venue will host short-term gallery residencies, special projects, and curated exhibitions beyond the fair dates, and features a permanent site-specific installation by SANAA founders Kazuyo Sejima and Ryue Nishizawa. The news comes as Frieze works to extend its five-year partnership with Kiaf, the fair run by the Galleries Association of Korea, which began in 2022 and is set to expire in 2026.

After 11 Years in Court, Heir Reclaims a Modigliani Looted by the Nazis

A French court has ordered the restitution of a 1918 Amedeo Modigliani painting, "Seated Man with a Cane," to the heir of its original Jewish owner. The artwork was looted by the Nazis in 1944 and had been held for decades by a holding company controlled by billionaire art dealer David Nahmad, who purchased it at auction in 1996.

CONTEMPORARY ART Day Sale on 6 December at 2pm - Christie's

Christie’s Paris has announced two major contemporary art auctions scheduled for late 2023, consisting of a live sale on December 6 and an online sale running from November 28 to December 8. The auctions feature over 200 lots with a combined global estimate of €8.5 million to €12.3 million, highlighted by two previously unseen paintings by Pierre Soulages and works by Jean Dubuffet and Georges Mathieu. A significant portion of the online sale is dedicated to "A Lifetime Collection," a prestigious private Parisian collection featuring works by David Hockney, Sol LeWitt, and Robert Combas.

Taxidermists—prized by Damien Hirst—open museum in Amsterdam

Two artist-taxidermists, Ferry van Tongeren and Jaap Sinke, have opened the Art Zoo Museum in a restored canal house in Amsterdam, in partnership with the Vrije Academie cultural education institute. The museum, opening on 26 June, is described as a "modern wunderkammer"—a contemporary cabinet of curiosities—featuring taxidermied animals that died natural deaths, arranged in surreal poses alongside preserved flowers and ornate interiors. Van Tongeren, a former advertising agency owner who retrained as a taxidermist, gained international fame after he and Sinke sold their first collection to Damien Hirst in 2016. Their collective is named Darwin, Sinke & Van Tongeren, reflecting the influence of Charles Darwin.

Pinakothek in Munich Returns Nazi-Looted Painting by Lesser Ury to Jewish Heirs

The Pinakothek museums in Munich have restituted a painting by German-Jewish Impressionist Lesser Ury to the heirs of its original owner, Berlin banker Curt Goldschmidt. The work, 'Interior with Children (The Siblings),' was sold at a forced auction in the 1930s after the Goldschmidt family bank collapsed under Nazi economic policies.

Highlights and Hidden Gems at Dumbo Open Studios

DUMBO Open Studios celebrated its 10th anniversary with over 175 artists across 21 buildings participating in the weekend event. The open studios, jointly managed by Team Dumbo and real estate developer Two Trees, featured a wide range of work, with a noted highlight being works on paper from artists like Bianca Fields, Amy Cutler, and Jason Karolak. Despite rainy weather, the event fostered impromptu conversations and community, with more than half of surveyed artists reporting sales and expectations of future exhibition opportunities.

New Jersey Father and Daughter Plead Guilty to $2 M. Counterfeit Art Scheme

Two New Jersey residents, Erwin Bankowski and his daughter Karolina Bankowska, pleaded guilty to running a counterfeit art scheme that funneled over 200 fake works into the legitimate market between 2020 and 2025. The pair consigned forgeries attributed to artists including Andy Warhol, Pablo Picasso, Banksy, and Luiseño artist Fritz Scholder to galleries and auction houses across the United States, defrauding buyers of at least $2 million. They fabricated ownership histories, forged gallery stamps and certificates of authenticity using antique books and aged paper, and now face up to 20 years in prison plus restitution.