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David Zwirner gallery announced it will now officially represent Japanese artist Yoshitomo Nara, with his first solo exhibition planned at Zwirner's New York space. The representation deal was brokered through Nara's international agent Joe Baptista and his Equivalence Art Agency. Baptista was previously a partner at Pace Gallery, Nara's longtime representative, and his departure from Pace had not been publicly announced. Nara was also long represented by Blum Gallery, which closed earlier this year after its final Nara show in Los Angeles. Pace Gallery CEO Marc Glimcher expressed surprise but said Pace will continue to have a relationship with the artist.

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The Armory Show's VIP preview day on Thursday saw long queues and a cautiously upbeat mood at the Javits Center, despite a shaky art market marked by gallery closures and fair cancellations. Dealers reported serious interest and solid sales, including a $1 million work at Galleria Lorcan O’Neill, a Kehinde Wiley painting for $265,000 at Sean Kelly, and a Kennedy Yanko sculpture for $150,000 at James Cohan. The highest-priced work, Alex Katz's 1962 painting *October 2*, was listed at $1.2 million but remained unsold. The fair attracted major collectors like Don and Mera Rubell and institutional figures such as Thelma Golden and Scott Rothkopf, with the Presents section for emerging galleries also seeing brisk sales.

ADAA Art Show 2016 Review

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The Art Dealers Association of America (ADAA) kicked off Armory Week with its 2016 edition of The Art Show at the Park Avenue Armory. The fair is characterized by a high concentration of solo-artist presentations, featuring a diverse range of works including Milton Avery's paintings, Jasmin Sian's intricate paper deli bags, and Deborah Butterfield's bronze horse sculptures. Notable highlights include Maria Elena González’s player piano rolls based on birch bark patterns and a strong showing of female artists like Gillian Wearing and Mary Bauermeister.

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A significant number of New York art galleries, including major players like Pace Gallery, David Zwirner, and Marian Goodman, will close on January 30 to join a nationwide general strike protesting expanded Immigration and Customs Enforcement (ICE) operations. The strike is a response to allegations of federal overreach, including the use of deadly force against protestors and the detention of Native Americans, which have fueled widespread outrage.

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This week's art industry news covers major auction results, gallery changes, and restitution developments. At Christie's Old Masters evening sale in London, Canaletto's "The Return of the Bucintoro on Ascension Day" set a new auction record for the artist at £31.9 million ($43.9 million), leading the sale to a total of £60.8 million. Sotheby's Old Masters evening sale brought in £14.5 million, with three new records including Diana de Rosa's "Salome with the Head of Saint John the Baptist" selling for £317,500. A rare early watercolor by Man Ray, "Nude Playing Musical Instrument" (1913), resurfaced after decades and will be auctioned at Dreweatts. In gallery news, Blum gallery laid off most of its staff and plans to cease brick-and-mortar operations, while Waddington Custot announced a new Paris space, and Company Gallery hired Subhas Kim Kandasamy as executive director. White Cube now represents Firenze Lai, and JD Malat Gallery launched a new initiative for UAE artists. In restitution, the Netherlands returned 119 Benin Bronzes to Nigeria, and the Museum of Fine Arts, Boston, transferred two Benin works to the Oba of Benin.

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Frieze has announced the exhibitor lists for its two concurrent October fairs in London: Frieze London and Frieze Masters, which will run from October 15 to 19 in Regent's Park. Frieze London will feature around 160 galleries, including blue-chip names like Gagosian, Pace, Hauser & Wirth, and David Zwirner, alongside 58 London-based galleries. Frieze Masters, with some 120 exhibitors, will be the first edition under the direction of Emanuela Tarizzo. Curated sections include Artist-to-Artist at Frieze London, where artists nominate peers, and Spotlight at Frieze Masters, organized by Valerie Cassel Oliver. Frieze Sculpture, curated by Fatoş Üstek, will run from September 17 to November 2 in the English Gardens.

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Volume Gallery, a Chicago gallery specializing in art and design, is tripling its size and moving to a new location in the West Town neighborhood. The gallery, founded by Claire Warner and Sam Vinz, will open a 3,500-square-foot space on February 13, marking its third location since its 2010 launch. The inaugural exhibition, "The Heresy of Legacy," will feature works by artists and designers including Selva Aparicio, Richard Artschwager, and Joyce Scott.

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Sperone Westwater, the venerable New York gallery that celebrated its 50th anniversary two months ago, will close as an entity on December 31, 2025. Co-founders Angela Westwater and Gian Enzo Sperone have decided to pursue separate endeavors, affecting 28 artists and estates. The gallery, known for representing legends like Bruce Nauman and David Lynch, will continue its current Richard Long show through December 13 and attend Art Basel Miami Beach as planned. The closure follows months of rumors and comes as both partners are in their 80s.

15 Art Shows to See in NYC This May

Hyperallergic's May 2025 guide to New York City art shows highlights 15 exhibitions, including a survey of Hawaiian Japanese-American artists from the Metcalf Chateau group at Ryan Lee Gallery, a retrospective of Malian photographer Seydou Keïta at the Brooklyn Museum, and Renée Green's multimedia project 'Secret' at Bortolami Gallery. The article also features Lynette Yiadom-Boakye's quietude-focused works, a meditation on grief and death, and a document of a city devastated by the AIDS crisis through portraits of inanimate objects, among other shows.

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Darren Bader's first exhibition with Matthew Brown Gallery in New York, titled "Youth," features his signature conceptual works that blur the line between humor and philosophical inquiry. The show includes pieces like "jam on It," a mound of fruit spread placed on a Stephen King novel, and a bin soliciting sock donations, including a pair printed with Edgar Allan Poe's face and injected with Botox. Gallery director Jack Eisenberg describes the challenges of sourcing jam in New York, highlighting the absurd yet meticulous nature of Bader's practice.

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The Armory Show has announced its 2025 exhibitor list, featuring over 230 galleries set to participate in the fair from September 5–7 at the Javits Center in New York, with a VIP preview on September 4. This edition marks the first under new director Kyla McMillan, who has introduced a revised floor plan, a new section called Function organized by dealer Ebony L. Haynes, and a reconfiguration of the large-scale works Platform section led by Souls Grown Deep. More than 20 exhibitors are returning after a hiatus, including White Cube and Andrew Kreps, while 55 galleries are participating for the first time, such as Skarstedt and Megan Mulrooney.

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Blum gallery, a powerhouse with locations in Los Angeles and Tokyo, is closing its brick-and-mortar operations after 31 years. Founded as Blum and Poe in 1994, the gallery laid off most of its staff and will transition to a flexible studio model with no permanent public space or formal artist roster. The gallery represents high-profile artists including Yoshitomo Nara and Mark Grotjahn, whose works have sold for over $10 million. Co-founder Jeff Poe left the partnership two years ago, leaving Tim Blum in control alongside managing partner Matt Bangser.

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Matt Bangser, a longtime director at Blum gallery (formerly Blum & Poe), will join Art Intelligence Global (AIG) as senior director on September 8. Bangser spent 16 years at Blum overseeing global sales and securing major estates like Robert Colescott, and previously held senior posts at Van de Weghe Fine Art, Phillips, and Christie's. His move follows the closure of Blum's Los Angeles and Tokyo galleries last month, when founder Tim Blum announced he was leaving the traditional gallery model. AIG co-founder Amy Cappellazzo said Bangser's experience across galleries, auction houses, and artist studios made him a rare hire.

Blum Gallery’s Sudden End Shocked the Art Industry. What Happened?

On July 1, 2025, Tim Blum, the powerhouse Los Angeles dealer behind Blum Gallery, announced the sudden closure of his gallery after a 35-year run. The closure includes his Culver City headquarters, his Tokyo space, and a planned Tribeca location that will no longer open. Blum publicly framed the decision as a voluntary "sunset" due to systemic industry issues like over-expansion and burnout, but interviews with artists and staff reveal a more chaotic reality: the closure blindsided employees and artists, many of whom learned about it from news reports or a last-minute staff meeting that excluded Tokyo staff. Sources cite weak sales at Art Basel and Art Basel Hong Kong, poor business decisions—including buying out partner Jeff Poe and renovating a costly New York space—and a lack of severance or transition time as underlying factors.

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What does a so-called ‘buyer’s market’ look like at Art Basel?

At Art Basel 2025, a consensus has emerged among dealers and advisers that the fair represents a 'buyer's market,' characterized by slow sales, modest expectations, and increased negotiating power for collectors. Galleries are offering discounts of 20-30% below asking prices, particularly for works under $1 million, though open discussion of discounts remains taboo in Switzerland. Some dealers, like Tim Blum of Blum gallery, acknowledge a paradigmatic shift, with galleries adapting by focusing on established artists and estates, while still seeing demand for reasonably priced younger artists.

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Taschen has released a monumental two-volume monograph titled "Art Sin Fin" (2026) dedicated to the 96-year-old Chilean filmmaker and polymath Alejandro Jodorowsky. The book, priced at $1,500 and packaged in a Plexiglass box, spans over 2,000 pages and includes film stills, collages, drawings, photographs, comic strips, and performance images curated by Jodorowsky himself in collaboration with Donatien Grau, head of contemporary programs at the Louvre Museum. It covers his entire career, from his surrealist films "El Topo" (1970) and "The Holy Mountain" (1973) to his failed "Dune" adaptation, his comic series like "The Incal" and "The Metabarons," his psychomagic therapy practice, and recent collaborations with his wife Pascale Montandon.

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Artist Friedrich Kunath, known for his sincere yet absurd paintings, discusses his unlikely friendship with tennis star Reilly Opelka, who is also an art collector. The two share a mutual obsession with each other's crafts—Kunath coaches Opelka in tennis, while Opelka seeks Kunath's insights on artists like Philip Guston. Kunath is preparing for his solo debut at Pace Gallery in New York this November, following his move from Blum Gallery, which closed shortly after. He reflects on the loneliness of both tennis and art, and his creative process, which draws heavily from music and film.

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The article reports on a record-breaking auction sale of a 4-foot-4-inch Labubu doll, which sold for RMB 1.08 million ($150,300) at Yongle International Auction in Beijing, with premium reaching RMB 1.24 million ($174,000). The character was created by Hong Kong artist Kasing Lung, who also collaborated with Art Basel on a limited edition. Other key developments include the closure of the Art Basel Hong Kong satellite fair Supper Club after two editions, Frieze announcing a new year-round space called Frieze House Seoul in Yaksu, and Blum gallery taking on global representation of Japanese ceramic artist Kimiyo Mishima's estate. The article also covers upcoming exhibitions by Christine Ay Tjoe at White Cube New York, Seulgi Lee at Ikon Gallery Birmingham, Kenny Scharf at the Modern Art Museum Shanghai, and Trevor Yeung's adaptation of his Venice Biennale show at M+ Hong Kong.

8 Must-See Solo Gallery Shows in May

Galerie magazine has curated a list of eight must-see solo gallery shows across the United States for May, highlighting exhibitions in New York, Chicago, San Francisco, and Los Angeles. Featured artists include Domenico Gnoli at Lévy Gorvy Dayan, John Stezaker at Gray in Chicago, Alison Elizabeth Taylor at Jessica Silverman in San Francisco, Charles Ray at Matthew Marks Gallery and Jeffery Deitch in Los Angeles, Jose Dávila at Sean Kelly, and Peter Hujar at Ortuzar, among others. The article provides details on each artist's practice and the scope of their exhibitions, such as Gnoli's largest U.S. show in five decades and Hujar's restaging of his final solo exhibition.

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Tilton Gallery in New York has announced that its upcoming exhibition, featuring late abstract painter Ruth Vollmer, will be its last. The show runs from September 30 to November 15, after which the gallery will vacate its Upper East Side space. The decision was made by Connie Rogers Tilton, Jack Tilton's widow, who has run the gallery since his death in 2017. She stated it is time to pursue her own projects in a more private setting. The gallery was founded in 1983 by Jack Tilton, who previously worked for Betty Parsons, and was known for launching careers of artists like Marlene Dumas, Nicole Eisenman, and Glenn Ligon, as well as promoting Chinese artists in the 1990s.

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Tim Blum, founder of Blum Gallery, announced the closure of his gallery in early July, citing systemic problems and burnout. However, former employees and artists have since spoken out, claiming they were blindsided by the decision and criticizing the lack of notice, severance, and transparency. Some sources allege that poor business decisions, including a buyout of partner Jeff Poe and costly renovations in a shaky economy, contributed to the closure, while others dispute Blum's claims of strong sales at Art Basel. Separately, a bipartisan Senate bill seeks to extend a 2016 law aiding Holocaust victims in reclaiming Nazi-looted art, but major museums are pushing back, arguing the law unfairly hinders their ability to defend claims.

The Art Market Year in Review

The art market experienced a turbulent 2025, beginning with a 12% decline in sales from 2024, following a 3% drop in 2023, as reported by the Art Basel and UBS Global Art Market Report. Major auction houses Christie’s, Sotheby’s, and Phillips saw average sales fall 6% in the first half of the year. However, the market rebounded by autumn, with strong sales at London and Paris art fairs and a 15% year-on-year increase in auction sales at the three main houses by December, according to Pi-eX. Key events included Sotheby’s failed sale of Alberto Giacometti’s *Grand tête mince* in May, followed by a record-breaking $236 million sale of Gustav Klimt’s *Portrait of Elisabeth Lederer* in November, and a $31.4 million record for François-Xavier Lalanne’s *Hippopotame Bar*.

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.

tim blum gallery closure

Tim Blum, co-founder of the influential Los Angeles gallery Blum & Poe, announced the closure of the gallery last week. Blum, who took over after Jeff Poe left the business in 2023, cited personal burnout and a system-wide problem of over-expansion as reasons for the decision. In an interview with CULTURED editor-in-chief Sarah Harrelson, Blum reflected on his 35-year career, his role in building LA into an art-market capital, and his plans to stay involved in the art world in a new, alternative form.

Political statements at Art Basel Miami Beach are sparse but strident

At Art Basel Miami Beach, one year into Donald Trump’s second presidential administration, most galleries are avoiding overt political themes, though a few notable exceptions stand out. The most talked-about piece is Maurizio Cattelan’s marble sculpture *Bones (2025)*, a crashing eagle metaphor for the nation’s state, shown on Gagosian’s stand. Other politically charged works include Nicholas Galanin’s burned totem pole and drone-inspired rug, David Hammons’ *African American Flag (1990)*, and Tim Youd’s typewriter performance of Hunter S. Thompson’s book. Most exhibitors, however, focus on apolitical American iconography or market-driven choices.

After 50 years, LA Louver is closing its gallery in Venice, California

LA Louver, the longest-running gallery in Los Angeles, is closing its Venice, California space after 50 years in business. Founder Peter Goulds, who turns 77 next month, is transitioning the gallery into a private dealing model with pop-up exhibitions from its Jefferson Boulevard warehouse in West Adams. The Venice space will be listed for sale but remain open by appointment to sell inventory. The gallery is also donating its extensive archive to the Huntington Library in San Marino, which includes papers of writers like Octavia Butler and Christopher Isherwood.

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Emmanuel Perrotin announced that his gallery is relocating from K11 Atelier Victoria Dockside back to Central, Hong Kong’s business district, where it first opened in Asia in 2012. The gallery vacated Dockside on October 1 after six years, citing the need to better serve its community, enhance accessibility, and reduce operational costs. The move follows Pace Gallery’s announcement that it will close its H Queen’s location by the end of October, and comes amid a broader shake-up in Hong Kong’s gallery scene, with other blue-chip dealers like Lévy Gorvy Dayan also shuttering spaces.

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A bitter legal battle has erupted between prominent art advisors Barbara Guggenheim and her former partner Abigail Asher, whose firm Guggenheim Asher Associates (GAA) has collapsed. Guggenheim accused Asher of misusing firm funds for personal expenses and claiming up to $20.5 million in future commissions. Asher countersued, alleging Guggenheim stole money for personal costs including her husband's funeral, bullied her, and encouraged her to build a relationship with convicted sex offender Jeffrey Epstein. The dispute has drawn widespread attention in the art world, with collector Sylvain Levy calling it a moment of reckoning for an industry built on trust and discretion.

Tim Blum will phase out traditional gallery model, close Los Angeles and Tokyo locations

Tim Blum, co-founder of the influential Los Angeles gallery Blum (formerly Blum & Poe), announced he will phase out the traditional gallery model, closing the gallery's permanent public spaces in Los Angeles and Tokyo. Blum cited burnout from the relentless demands of art fairs and gallery openings, emphasizing the decision is about the system, not the market. The gallery, which introduced American audiences to Japanese artists like Yoshitomo Nara and Takashi Murakami and gave early shows to Mark Grotjahn and Anna Weyant, will shift to a more flexible model involving collaborations and special projects. A previous New York space closed in 2023, and a Tribeca space's future remains undetermined.