simon de pury art market confidence

The article reports on the upcoming Art Basel in Miami Beach and the improved mood in the art market, driven by strong auction results. Sotheby's emerged as the clear winner over Christie's in the fall 2024 auctions, achieving over $2.2 billion in total sales across Sotheby's, Christie's, and Phillips. Key consignments included the Leonard Lauder Collection, featuring a record-making Klimt, a Frida Kahlo that became the highest-selling work by a woman artist, and Maurizio Cattelan's golden toilet. The article credits Sotheby's move into the Breuer building—formerly home to the Whitney, the Met, and the Frick—for enhancing the presentation and aura of the previews.

lomex las vegas marvin a i influencer

Artnet News's Wet Paint column reports that Lomex gallery founder Alexander Shulan and art advisor Ralph DeLuca are partnering to open a new gallery, Lomex Las Vegas, in an old atomic ranch home three miles from the Strip. The space, located in a historic neighborhood where parts of Martin Scorsese's 'Casino' were filmed, will feature seasonal exhibitions, performances, and events curated by Shulan, with a new roster of artists distinct from Lomex's existing lineup. Separately, the column introduces Marvin, an AI-generated Instagram influencer who mimics a techno-optimistic art speculator and leaves ChatGPT-style comments on art world accounts.

princedale modern edward warburton

London-based art advisory Princedale Modern, founded by Edward Warburton in 2022, has marked its second anniversary amid significant shifts in the global art market. Warburton discusses the firm's growth, including scaling alongside the U.K. art market's rise to 18% of global share, and highlights attendance at major art fairs in Basel, New York, Miami, and Paris. He notes that while auction house sales at Christie's, Sotheby's, and Phillips have dropped nearly one-third and the overall market contracted by 12%, private sales have risen 14% and online sales remain strong at 17%.

week in art holiday party edition

This article from Artnet News recaps a series of holiday parties and galas in the New York art world during December 2016. Highlights include the New York Botanical Garden's 18th Annual Winter Wonderland Ball, attended by Anne Hathaway, Tinsley Mortimer, and Andrew Warren; artnet's own holiday party featuring the Bumbys and a magician; ACRIA's 21st Annual Holiday Dinner honoring the Robert Mapplethorpe Foundation and actress Judith Light; and Project for Empty Space's Winter Bacchanal Benefit, which presented the first Badass Art Woman Awards to curators Rujeko Hockley, Rocio Aranda-Alvarado, and Deana Haggag.

'It’s like the natural world. Nothing lasts forever': Tadashi Kawamata on creating his temporary sculptures

Japanese artist Tadashi Kawamata created a temporary wooden vortex sculpture titled "Tornado" inside the Palais de Tokyo in Paris, made from 5,000 individual pieces of wood and installed on the grand staircase for just two weeks in February. The work was commissioned by Ruinart as part of its "Conversations with Nature" series, which presents a piece in Paris before permanently installing it at the champagne house's headquarters in Reims. Kawamata, who has lived in Paris for 18 years, is known for using found materials and creating site-specific, temporary interventions on or inside architecture, emphasizing spontaneity and impermanence.

kids hamptons wet paint

Artnet News's Wet Paint column announces Brian Belott's upcoming exhibition "Upside Down Zebra" at the Watermill Center in Water Mill, Hamptons, opening next week. The show features over 400 artworks made by children under age 6, including offspring of Willem de Kooning and Henry Miller, alongside 40 response pieces by contemporary artists like Robert Nava, Chris Martin, Darren Bader, Katherine Bernhardt, Carroll Dunham, and Christopher Wool. Belott draws from the archive of educator and psychologist Rhoda Kellogg, who collected over two million children's drawings, organizing works by her 20 types of scribbles.

ai art market revolution

A survey by PwC found that 88% of U.S. companies plan to increase AI budgets, and the art world is following suit. The article explores how AI is infiltrating the art market beyond controversial authentication and IP issues, covering topics like autonomous agents, data privacy, logistics partnerships (Carpenters Workshop Gallery with Convelio), and new AI-powered search tools being developed by Artnet using Google's Gemini. It also notes that collector Jorge Pérez used AI assistance to acquire 24 works at Art Basel in Basel.

Pilar Crespi on the art-world friendships that have inspired her collection, and how to spend five days in Miami

Pilar Crespi, a Miami-based philanthropist and former fashion executive, discusses her art collection and Miami recommendations in an interview with The Art Newspaper. She recounts buying her first artwork—an oil painting by Tano Festa—while living in Rome, and her most recent acquisitions include works by Sidival Fila and Yoan Capote. Crespi also shares her regret over not purchasing a Jean-Michel Basquiat painting at a Christie's auction 30 years ago, and names a Caravaggio from the Galleria Borghese and Jackson Pollock's *Two* as her dream museum pieces.

Rising dealer Sebastian Gladstone expands in LA—what’s behind his success?

Sebastian Gladstone, a rising art dealer, is expanding his namesake gallery in Los Angeles with a new 3,200-square-foot space in Hollywood, opening on 13 September. The move comes despite a broader trend of gallery downsizing, and follows a successful showing at Frieze Los Angeles, where he placed a work with the Los Angeles County Museum of Art. Gladstone, who launched the gallery in 2020, now operates bicoastally with a Tribeca outpost and plans to focus on quality over quantity, including representing the estate of abstract painter Herman Cherry.

Terrence Sanders-Smith opens art gallery and plans a Miami Basel-style art fest in New Orleans

Terrence Sanders-Smith, a former gallery owner who recently returned to New Orleans, has opened Smith Contemporary at 440 Julia Street in the city's historic Gallery Row. The gallery is one of the few Black-owned galleries in the area's history. Sanders-Smith plans to sell work by racially diverse artists and is organizing a new national art fair, modeled after Miami Basel, to launch as soon as spring 2026. The article also features commentary from former gallery owner Myesha Francis on the importance of Black-owned spaces for artists and audiences of color.

Required Reading

Required Reading

Thousands marched in Buenos Aires on March 9 for a 24-hour women's strike, with one group staging a symbolic artwork by wrapping a continuous blindfold across their faces to protest patriarchal control. This followed a UN report urging Argentina's government to address gender-based violence. Separately, a *Guardian* investigation revealed UK museums hold over 260,000 human remains, many taken from former colonies, which MPs have condemned as a barbaric legacy of imperialism.

jeffrey deitchs coney art walls exploits artists real estate ploy

Jeffrey Deitch, former dealer and ex-director of MOCA LA, has partnered with property developer Thor Equities to create "Coney Art Walls," a summertime display of street art murals on concrete slabs in Coney Island, New York. Located on a vacant lot at 1320 Bowery Street owned by Thor Equities, the project features works by over a dozen artists including Lady Pink, Daze, Lee Quiñones, Swoon, and Mister Cartoon, and shares space with Smorgasburg, a food and drink pop-up village. The article criticizes the venture as a real estate marketing ploy rather than a genuine art exhibition.

Ahead of new fair in 2026, Qatar takes centre stage at Art Basel

Qatar is making a major push at Art Basel this week, highlighted by the announcement of Art Basel Qatar, a new fair launching in February 2026. Models of upcoming cultural venues, including the Herzog & de Meuron-designed Lusail Museum, are on display in the Collectors Lounge, while Qatar Airways has announced a global partnership with Art Basel. Sheikha Al-Mayassa bint Hamad bin Khalifa Al Thani made a rare public appearance, speaking on a panel about the country's cultural ambitions and the role of art in addressing post-colonial identity and conflict.

Edinburgh’s Yaniv Edery Gallery unveiled

International artist Yaniv Edery has launched his first UK gallery in a Georgian townhouse on Picardy Place in Edinburgh. The venue showcases Edery’s signature style, which utilizes a unique technique of layering resin over injected acrylic and ink on brushed aluminum to create vibrant, pop-art-inspired works. The space is designed to function as both a contemporary art gallery and a luxury events venue, featuring a dedicated function room, bars, and boutique suites.

Seattle galleries launch Seattle Art Fair alternative

Two prominent Seattle galleries, Traver Gallery and Greg Kucera Gallery, are launching a new art fair called Assembly to coincide with the 10th edition of the Seattle Art Fair in July. Assembly will take place at West Canal Yards from July 23-26, featuring 10 to 15 invited galleries from the Pacific Northwest and Dallas, with a more intimate, curated approach and significantly lower participation costs ($3,000–$6,500 per gallery versus $25,000+ at SAF). The fair is invitational, uses vacant spaces around a central atrium instead of traditional booths, and plans to redistribute ticket and booth revenue to participating galleries.

“Defying Boundaries To Celebrate Creativity” — Highlights From Art Basel in Basel 2025

Samsung Electronics partnered with Art Basel in Basel 2025 as the official display partner, presenting a digital art experience called 'ArtCube' at the fair from June 19 to 22, 2025. The lounge featured Samsung Art TVs including The Frame Pro, MICRO LED, and Neo QLED 8K, displaying artworks from the Samsung Art Store collection. A talk session included RM of BTS and artist Basim Magdy, discussing digital technology's role in art. Samsung also launched a new collection of 38 highlighted pieces from the fair on its Art Store, allowing subscribers worldwide to view the works remotely.