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The Surreal Economics of the Contemporary-Art Market

A conceptual artwork titled "Comedian" by Maurizio Cattelan, consisting of a banana duct-taped to a wall, sold at auction for over $6 million to billionaire Justin Sun. This sale occurred amid widespread speculation that the contemporary-art market has peaked, with global art sales dropping 12% in 2024. However, a painting by Marlene Dumas defied the trend, fetching $13.6 million and setting a record for a living female artist. The article explores the bewildering economics of the art market, featuring insights from economist Canice Prendergast and journalist Bianca Bosker, who describe a market where prices seem divorced from traditional logic.

Here's what's at Southwest Florida museums during July

Southwest Florida museums, from Sarasota to Naples, present a robust July lineup: two exhibitions open, one closes, and 24 continue. Highlights include Chris Friday's first solo museum show "Where We Never Grow Old" at Sarasota Art Museum, featuring large-scale chalk drawings and a site-specific installation exploring safe havens. Other notable shows include "Personal to Political: Celebrating the African American Artists of Paulson Fontaine Press," with works by Martin Puryear and Kerry James Marshall; Jillian Mayer's interactive sculpture series "Slumpies"; Lillian Blades' immersive mixed-media maze "Through the Veil"; and Molly Hatch's site-specific ceramic installation "Amalgam" (2023-24). The Ringling Museum also highlights a newly acquired painting by Juana Romani.

The Personal Collection of ‘Last Surrealist’ Enrico Donati Heads to Auction

Sotheby’s has announced the sale of the personal art collection of Enrico Donati, often referred to as the 'last Surrealist.' The 45-lot collection, titled "A Night in May," features works amassed by Donati and his wife Adele, including a rare 1909 Cubist portrait by Pablo Picasso, 'Arlequin (Buste),' estimated at $40 million. The auction marks the first time these intimate pieces—many acquired through direct exchanges with friends like Marcel Duchamp and Yves Tanguy—have been offered since the artist's death in 2008 and his wife's passing last year.

tefaf new york art fair trump tariffs impact

New tariffs imposed under the Trump administration are causing significant disruptions for art professionals shipping works to major New York art fairs, particularly TEFAF New York. Shipping companies report a 'torturous road' as galleries navigate complex import taxes—including 7.5% on Chinese artworks, 25% on steel and aluminum sculptures, and 10% on jewelry, furniture, and design pieces—while many original artworks, antiques over 100 years old, and collector's pieces remain exempt. Galleries are modifying operations by renting booth furniture, showing items already stored in the US, and avoiding shipments from China, with some classifying antiquities broadly as 'sculpture' to simplify customs clearance.

Evelyn Taocheng Wang ”Sweet Landscape” at MUSEION, Bolzano

Museion in Bolzano, Italy, presents the first institutional solo exhibition in Italy by Evelyn Taocheng Wang, a Rotterdam-based artist born in 1981 in Chengdu. The exhibition, titled "Sweet Landscape," showcases her work across painting, writing, installation, performance, and fashion, featuring a visual language that blends poetry, subtle humor, and critical depth while intertwining art historical traditions and fragments.

'Something Borrowed, Something New' at Sarasota Art Museum features 85 works from 10 private collections

Ten art collectors from Tampa, St. Petersburg, and Sarasota have loaned 85 works from their private collections to the Sarasota Art Museum for the exhibition 'Something Borrowed, Something New.' The show features pieces by renowned artists including Kara Walker, Ai Weiwei, Alex Katz, Robert Mapplethorpe, Chuck Close, Hank Willis Thomas, and Yoko Ono, with many prints coming from Graphicstudio at the University of South Florida. The exhibition was conceived by executive director Virginia Shearer after visiting collectors' homes and was inspired by a trip to the Renwick Museum at the Smithsonian.

What to see at Canada’s largest photo festival

The Contact Photography Festival, Canada's largest photography event, opens Friday in Toronto with over 160 exhibitions across eclectic venues including artist-run centers, commercial galleries, cafes, and a laundromat. Highlights include a towering portrait by Haitian-born artist Thandiwe Muriu on Spadina Ave., and a multi-site exhibition by Turner Prize-nominee Sin Wai Kin, featuring billboards and a two-channel video titled 'The Time of Our Lives.' The festival lost its long-time lead sponsor Scotiabank in 2024, resulting in a reduced budget and less public programming, but organizers remain committed to championing lens-based art.

Landscape ReEnvisioned Exhibition At the Monterey Museum of Art

The Monterey Museum of Art is hosting "Landscape ReEnvisioned," a group exhibition featuring six contemporary photographers who move beyond traditional West Coast landscape traditions. Curated by Helaine Glick, the show presents works by Debra Achen, Tony Bellaver, Adrienne Defendi, Charlotte Schmid-Maybach, Brian Taylor, and Vincent James Waring. These artists utilize diverse mediums—including cyanotypes, gum bichromate prints, tapestries, and sculptures—to address the urgent realities of climate change, wildfires, and environmental degradation.

Top NJ art shows of 2025: 'Indigenous Identities,' James Prosek, Tatyana Kazakova and more

This article presents a year-end roundup of the top art shows in New Jersey during 2025, curated by a Hudson County-based arts writer. The author highlights a concentration of exceptional exhibitions in Essex County, particularly in Montclair, while also noting strong shows at institutions like the Zimmerli Art Museum, Princeton University, the Morris Museum, and the Hunterdon Art Museum. Specific shows featured include "Jake Troyli: Fine Line" at Project for Empty Space in Newark and "Salvador Jiménez-Flores: Raíces & Resistencias" at Grounds For Sculpture in Hamilton, with detailed descriptions of their themes and artistic impact.

Working as an Artist in Hong Kong (Michelle Fung)

Michelle Fung reflects on the realities of working as an artist in Hong Kong, dispelling the romantic myth of the bohemian artist. She describes the city's high cost of living, lack of affordable studio space, and the need for artists to take on multiple jobs—from teaching to selling secondhand handbags—to survive. Fung notes that while Hong Kong offers a vibrant art scene with over 70 galleries and a dozen museums, most artists cannot rely on gallery sales alone. She also critiques the Hong Kong Arts Development Council's grant system, which covers project expenses but provides minimal artist fees, contrasting it with more generous systems in Canada and the Netherlands.

Garden State Art Weekend: Celebrate Jersey’s Vibrant Art Scene, April 24-27

Garden State Art Weekend returns from April 24-27, 2025, with over 95 venues across New Jersey opening their doors for a four-day celebration of the state's art scene. Co-directed by artists Christine Romanell and Alison Pirie, the festival offers a digital guide and map for attendees to explore exhibitions, open studios, live demonstrations, and workshops at venues ranging from world-class museums to intimate artist studios. Highlights include the Montclair Art Museum, Newark Museum of Art (free admission all four days), Grounds for Sculpture, Zimmerli Art Museum, and special events like an iron pour for International Sculpture Day at Gardenship Art in Montclair. The festival's headquarters at Manufacturers Village Artists in East Orange hosts a kickoff party and a spring open house featuring over 65 artist studios.

14 artists having major museum moments in 2026

The article previews 14 artists who will have major museum exhibitions in 2026, highlighting key shows such as a long-awaited US retrospective of Marcel Duchamp, a Calder exhibition in Paris, and a Rothko show in Florence. It also details concurrent auction highlights at Christie's New York, including works from the S.I. Newhouse collection by Brancusi, Lichtenstein, Matisse, and Pollock. Specific exhibitions covered include "Krasner and Pollock: Past Continuous" at the Metropolitan Museum of Art, a Roy Lichtenstein retrospective at the Whitney Museum, and multiple European shows for Constantin Brancusi's 150th anniversary.

Renowned Gallery Air de Paris Bankrupted, Closing This Week

Air de Paris, the Paris gallery known for its punk ethos and commitment to cutting-edge Conceptual art, will close this week after 36 years and more than 400 exhibitions, amid bankruptcy proceedings. Founded in Nice in 1990 by Florence Bonnefous and Edouard Merino, the gallery was named after Marcel Duchamp’s 50cc of Paris Air and became legendary for its inaugural show, “Les Ateliers du Paradise,” which featured artists living in the gallery and later influenced critic Nicolas Bourriaud’s theory of relational aesthetics. The gallery moved to Paris in 1994 and later to Romainville in 2019, showing artists such as Paul McCarthy, Raymond Pettibon, Liam Gillick, Pierre Huyghe, and Dorothy Iannone.

short film artist alexandre singh art historian natalie musteata shortlisted oscar

Alexandre Singh and Natalie Musteata's black-and-white short film *Two People Exchanging Saliva* has been nominated for an Academy Award in the live action short film category. The 36-minute dystopian romance, set in a Paris where kissing is forbidden and punishable by death, premiered at the Telluride Film Festival and has since won multiple prizes. It is distributed by the New Yorker and produced by Misia Films and art[cc]corp, and was also shortlisted for a 2026 César Award.

faye wei wei musicality paint new talent 2025

Faye Wei Wei, a figurative painter known for her ethereal and romantic style, is profiled following her enrollment in Yale's MFA program. The article highlights her recent works, including "Calcium Stars (severed romanesque ears)" (2024) and "A Telescope Made of Champagne Glass" (2024), which blend motifs of hearts, lovers, and architectural forms with musical energy. Wei Wei, who graduated from the Slade School of Fine Art in 2016 and has shown at Situations in New York and Galerie Kandlhofer in Vienna, discusses her improvisational studio practice and the influence of music on her painting.

chinese artist sun yitian

Chinese artist Sun Yitian, dubbed the 'it girl' of the art world, is the subject of a new solo exhibition titled 'Romantic Room' at Esther Schipper in Berlin, her third show with the gallery. The 34-year-old hyperrealist painter, known for her depictions of mass-produced consumer products, set a new artist record in June 2024 when her 2021 painting *Prologue* sold for RMB 2.99 million (around $415,029), the top result for Asian artists born in the 1990s. She also recently collaborated with Louis Vuitton and is pursuing a PhD in literature alongside her painting career.

sun yitian esther schipper gallery weekend berlin

Artist Sun Yitian, known for photorealistic paintings of mass-produced consumer objects that sell for up to six figures, is opening her largest solo exhibition to date at Esther Schipper in Berlin as part of Gallery Weekend Berlin on May 2. The exhibition, titled "Romantic Room," features 14 new paintings that incorporate Christian religious symbols alongside references to China's copy culture (shanzhai) and the proliferation of fakes in the 1990s. Works like "Image of Jesus" (2024) depict a Christ with facial fillers, inspired by posters in her hometown Wenzhou, while "Jingpin" (2024) playfully addresses Wenzhou's history of fabricating high-quality shoe copies. The show also includes her ongoing "Shelter" series, featuring inflatable bouncy castles from her childhood.

A Roma c’è la mostra di un’artista 40enne californiana che ci racconta il valore della lentezza

Erica Mahinay, a 40-year-old California-born artist based in Los Angeles, is the subject of a solo exhibition titled "Rhythms" at T293 gallery in Rome. The show presents 24 intimate-scale works that explore the artist's physical, process-driven approach to abstract painting, where she manipulates pigment through pouring, dripping, and erasing to create layered, luminous surfaces. Mahinay, who holds degrees from the Kansas City Art Institute and Cranbrook Academy of Art, has work in the Marciano Art Foundation and Pinault Collection, and was included in the Hammer Museum's 2023 biennial "Made in L.A.: Acts of Living."

Mario Schifano in mostra a Roma, non solo a Palazzo delle Esposizioni. Alla Galleria Lombardi il pittore che sapeva osservare

A major retrospective of Mario Schifano (1934–1998) continues at Palazzo delle Esposizioni in Rome through May 27, showcasing over 100 works from his entire career—from early informal and material pieces to the first monochromes of the 1960s, TV Landscapes, oversized 1980s paintings, and 1990s works. Concurrently, a smaller exhibition titled "Mario Schifano | Io guardo" is on view until May 16, 2026, at Galleria Lombardi in Rome. Curated by Lorenzo and Enrico Lombardi, it features about twenty works spanning thirty years of the artist's activity, including monochromes, advertising signs, anemical landscapes, the Futurism revisited cycle, equestrian paintings, and chromatic materials of the 1990s. The show is accompanied by a catalog with a critical text by Silvia Pegoraro.

When the Ukraine War Continues

A major exhibition titled 'Looking into the Gaps' at the Jam Factory in Lviv, Ukraine, curated by artist Nikita Kadan, explores the complex psychological and social landscape of Ukraine during the ongoing war. The show features Vladislav Plisetskiy's pivotal documentary film 'What Will You Do When the War Continues?' (2023), which traces his journey from Kyiv's queer anarchist scene to fighting on the front lines, alongside works by artists like Bohdana Kosmina that memorialize attacks on Ukrainian Roma communities.

Playinghouse Presented the Téte-a-Téte Exhibition at MDW 2026

Playinghouse, an emergent New York art and design platform, presented the group exhibition "téte-a-téte" at two locations during Milan Design Week 2026: Villa Pestarini and Certosa District. Curated by Margherita Dosi Delfini, assistant curator at the Design Museum, the show featured site-responsive works by independent talents including Anna Dawson, Romain Basile Petrot, Caleb Engstrom, Liyang Zhang, Atelier Fomenta, Maha Alavi, and Francesco Rosati. The exhibition emphasized contextualized domestic settings over sterile white cubes, with pieces in eggshell, glass, rubber, and metals that responded to each venue's architectural history.

roman road lize bartelli the hour of the star

London's Roman Road gallery presents "Lize Bartelli: The Hour of the Star," the artist's third solo exhibition, opening January 23, 2026, at Pipeline Contemporary as part of the Visiting Curators Initiative. The show features 14 new paintings that explore feminine expression, identity, and the tension between becoming and performing the self, drawing inspiration from Clarice Lispector's 1977 novel of the same name. Bartelli's graphic style reduces subjects to elemental forms, with red emerging as a structural color that embodies contradiction.

A Sneak Peak Inside “Costume Art” at the Metropolitan Museum of Art

The Metropolitan Museum of Art is set to open the Condé M. Nast Galleries, a new permanent home for the Costume Institute located in prime real estate adjacent to the Great Hall. The inaugural exhibition, "Costume Art," will integrate fashion with artworks from 19 of the museum’s collecting areas, featuring pieces by designers like Tory Burch and Michael Kors alongside works by artists such as Jean Arp. This move transitions the Costume Institute from its traditional basement location to the center of the museum's physical and narrative layout.

New Exhibition at Mexico City’s Jumex Museum Draws Parallels Between Soccer and Art

The Jumex Museum in Mexico City has launched a major exhibition titled "Football & Art: A Shared Emotion," timed to coincide with the city's role as a host for the 2026 FIFA World Cup. Curated by Guillermo Santamarina, the show features a diverse array of media including sculpture, photography, and commissioned installations from renowned artists such as Jeff Koons, Graciela Iturbide, and Marta Minujín. Notable works include a sculptural installation by the collective Tercerunquinto using salvaged seats from the Azteca Stadium and an embroidered piece by Sofía Echeverri honoring the 1971 Mexico Women’s National Team.

Sotheby's, SAM, and Siong Leng: Singapore art events

Sotheby's is holding a major auction in Singapore on January 25, featuring works by Indonesian Romantic painter Raden Saleh, German painter Walter Spies, and British artist David Hockney, among others. The auction includes Raden Saleh's 'The Eruption Of Mount Merapi, By Day' (1865), expected to fetch between $700,000 and $1.3 million, and Walter Spies' 'Die Schlittschuhlaufer (The Ice Skaters)' (1922), estimated at $980,000 to $1.8 million. Concurrently, the Singapore Art Museum (SAM) is presenting 'Nafasan Bumi – An Endless Harvest' from January 16 to May 31, featuring Indonesian artists Elia Nurvista and Bagus Pandega, whose works use nickel and palm materials to explore the environmental and social impacts of Indonesia's palm oil and nickel industries.

We Are the Drum and the Scribe: Black Art In America Collection at the Bo Bartlett Center

The Bo Bartlett Center in Columbus, Georgia, is hosting the exhibition "We Are the Drum and the Scribe: Black Art In America Collection" from January 20 to May 16. The show features over 40 works from the private collection of Najee & Seteria Dorsey and Black Art In America (BAIA), including pieces by Kerry James Marshall, Wadsworth Jarrell, David Driskell, and contemporary artists like Dr Fahamu Pecou and Alfred Conteh. A public reception is scheduled for February 19th.

Art market bounce back continues in New York with Christie's $123.5m 21st-century sale

Christie’s 21st-century evening sale at Rockefeller Centre in New York on 19 November achieved $99.5 million before fees ($123.5 million with fees), surpassing last November’s equivalent sale of $106.5 million with fees. The sale featured 45 lots, with only one unsold (a Cecily Brown abstract), resulting in a 2% buy-in rate. Three artist records were set for Firelei Báez, Joan Brown, and Olga de Amaral. A major highlight was the collection of Chicago collectors Gale Neeson and the late Stefan Edlis, comprising 19 lots that realized $40.3 million ($49.2 million with fees), including works by Andy Warhol, Richard Prince, and Diego Giacometti. Other notable sales included Cindy Sherman’s *Untitled Film Still #13* (1978) at $2.2 million with fees, Ed Ruscha’s *How Do You Do?* at $6.7 million with fees, and a Warhol *The Last Supper* (1986) sold to Paris dealer Frederic Larroque for $8.1 million with fees.

This month’s New York auctions could bring up to $2.3bn

New York's leading auction houses, including Sotheby's and Christie's, expect to generate between $1.7bn and $2.3bn during their November sales, driven by major consignments such as 55 works from the estate of Leonard Lauder and 37 works from the collection of Jay and Cindy Pritzker. Sotheby's, which has moved its headquarters into the former Whitney Museum's Breuer Building, leads the season with estimated sales of $863m to $1.175bn, featuring Gustav Klimt's Portrait of Elisabeth Lederer (estimated at $150m) and Frida Kahlo's El Sueño (La Cama) (estimated at $40m-$60m).

The Best Art Exhibits to See in New York City Right Now

New York City's autumn art scene features a diverse array of exhibitions across major museums. At the Metropolitan Museum of Art, "Man Ray: When Objects Dream" showcases 60 rayographs alongside 100 paintings and prints, exploring the artist's camera-less photography technique. The Brooklyn Museum presents "Monet and Venice," placing 19 of Monet's Venetian paintings in dialogue with works by John Singer Sargent and others, while also hosting "Breaking the Mold: Brooklyn Museum at 200," a retrospective on the institution's two-century history. The New York Historical Society offers "The Gay Harlem Renaissance," highlighting queer Black artists and writers of the Harlem Renaissance, and "The New York Sari," examining South Asian women's fashion influence since the Gilded Age.

Ten essential works of art to see in Dresden

The article presents a curated guide to ten essential artworks in Dresden, Germany, highlighting the city's recovery from World War II devastation to reclaim its status as a Kunststadt (city of art). It focuses on masterpieces housed in the Staatliche Kunstsammlungen Dresden (SKD), including Raphael's *Sistine Madonna* (1512/13) at the Gemäldegalerie Alte Meister, Caspar David Friedrich's *The Great Enclosure* (1832) at the Albertinum, and a tiny cherry pit with 185 carved heads from the Grünes Gewölbe. The piece traces Dresden's golden age under rulers Augustus the Strong and Frederick Augustus II, whose acquisitions built one of Europe's most celebrated art collections.