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collectors reveal key advice 2632313

Collectors share advice for aspiring art patrons in a two-part series, recounting their early mistakes and lessons learned. Diana Bowes, board chair of the Aldrich Contemporary Art Museum, recalls buying her first pieces at Art Basel in 2006 and warns against purchasing art online without seeing it in person, as well as protecting works from water, children, and house painters. Mana Jalalian, an interior designer based in Dubai with over 400 works by Iranian artists, emphasizes following instincts, continuous learning, and the value of working with an art advisor.

The Venice Biennale’s Polite Fiction of Being ‘Above the Market’ Is Wearing Thin

The 61st Venice Biennale is underway, with art world figures flocking to Venice for the opening. While the Biennale is officially a non-selling curatorial platform, commercial interests are increasingly visible: galleries are funding artists' projects to recoup investments, auction houses like Christie's are hosting private selling exhibitions (including a 'Ghost Pavilion' at the Ca' Dario Palazzo), and fashion houses such as Bottega Veneta and Chanel are sponsoring events. Sotheby's has pulled support for the U.S. Pavilion, which is now crowdfunding, while Frieze is bankrolling the British Pavilion for a second time.

Chicago’s Obama Presidential Center has art at its core

The Obama Presidential Center is set to open on Chicago’s South Side on June 19, 2026. The $850m institution, designed by Tod Williams Billie Tsien Architects, features more than 25 site-specific contemporary art commissions integrated into its architecture and 19.3-acre campus. Ahead of the opening, the museum has partnered with Expo Chicago to preview these works, which include monumental contributions from artists such as Julie Mehretu, Mark Bradford, and Nick Cave.

paint drippings art industry news jul 14 2667315

This week's art industry news includes Art Basel appointing Egyptian artist Wael Shawky as artistic director of its first Middle East fair, Art Basel Qatar, running February 5–7, 2026. A new fair called Loading… debuts in Hudson, N.Y., during Upstate Art Weekend, while Vienna Contemporary names Abaseh Mirvali as artistic director. Bonhams offers material from Roy Lichtenstein's Hamptons home, and a legendary Le Birkin handbag sells for €8.5 million at Sotheby's Paris. Galleries see Hollis Taggart adding two artists, Adam Lindemann closing Venus Over Manhattan, and Berlin's Meyer Riegger and Paris's Galerie Jocelyn Wolff opening a joint Seoul gallery. Museums include the Zayed National Museum opening in Abu Dhabi, Shamim M. Momin named director of the Bronx Museum, and the Baltimore Museum of Art acquiring 150 new works. The Art Bridges Foundation and Crystal Bridges acquire 90 Indigenous artworks, and the Schirn Kunsthalle Frankfurt opens a temporary location. In legal news, DHS officials visited the National Museum of Puerto Rican Arts and Culture in Chicago.

frieze seoul 2025 sales report 1234750751

The fourth edition of Frieze Seoul opened with strong collector turnout and solid first-day sales, despite a turbulent global art market. High-profile attendees included MoMA PS1 director Connie Butler, Hawai‘i Triennial 2025 cocurator Wassan Al-Khudhairi, and Top 200 Collectors Lonti Ebers, Yassmin Ghandehari, and Qiao Zhibing, alongside K-pop stars Lisa (BLACKPINK), RM (BTS), and The8 and Vernon (Seventeen). Major sales included Hauser & Wirth’s $4.5 million sale of Mark Bradford’s triptych "Okay, then I apologize" (2025) and a George Condo painting for $1.2 million, while White Cube, Thaddaeus Ropac, Pace Gallery, and others reported significant transactions. International blue-chip galleries with Seoul spaces are doubling down, presenting top-tier shows of star artists like James Turrell, Antony Gormley, and Lee Bul, with Korea’s private museums also mounting blockbuster exhibitions.

deaccessioning to diversify 1547881

In late April 2018, the Baltimore Museum of Art announced a plan to deaccession seven works by white, male postwar artists to fund acquisitions of works by African American and female artists. Since then, the San Francisco Museum of Modern Art and the Art Gallery of Ontario have adopted similar diversity-focused deaccessioning strategies, selling works at auction to diversify their collections. The BMA sold pieces by Franz Kline, Kenneth Noland, and Andy Warhol at Sotheby's, using proceeds to acquire works by artists including Jack Whitten, Lynette Yiadom-Boakye, and Amy Sherald. SFMOMA is deaccessioning a Mark Rothko painting estimated at $35–50 million, while the AGO is selling 20 works by A.Y. Jackson through Heffel Fine Art Auction House.

Hirshhorn Museum and Sculpture Garden Announces 314 New Acquisitions During 50th Anniversary Year

The Smithsonian's Hirshhorn Museum and Sculpture Garden announced 314 new acquisitions in 2025, its 50th anniversary year. The additions span photography, mixed-media works, and contemporary American artists, including pieces by Lorna Simpson, Sarah Sze, Mickalene Thomas, Danny Lyon, Graciela Iturbide, Adam Pendleton, and Mark Bradford. Major gifts include a multi-year donation from collectors Doug and Toni Gordon of 176 works forming an archive of Pendleton's works on paper, as well as 13 contemporary Chinese works tied to a 2022 exhibition. The museum also acquired nine architectural photographs by Ezra Stoller documenting its 1974 opening and 19 prints by Joel-Peter Witkin.

Inside Sunpride Foundation’s Mission to Champion LGBTQ+ Art Across Asia

Patrick Sun founded the Sunpride Foundation in 2014 to support LGBTQ+ communities through art, combining his passion for contemporary queer Asian art with philanthropy. The foundation's flagship "Spectrosynthesis" exhibition series has been staged at major institutions across Asia, including the Museum of Contemporary Art, Taipei, and the Bangkok Art and Culture Centre. The latest iteration, "Spectrosynthesis Seoul," opened at Seoul's Art Sonje Center and runs through June 28, 2026. Sun, a Hong Kong-born real estate developer and longtime art collector, built the foundation's collection with a focus on works suitable for museum exhibitions about queer identity.

alma allen american pavilion 2026 venice biennale 1234759545

Alma Allen, a Utah-born, Mexico-based sculptor, has been selected to represent the United States at the 2026 Venice Biennale, according to ARTnews sources. The pavilion's commissioning curator is Jeffrey Uslip, who previously curated the Malta Pavilion in 2022. The official announcement is pending the end of the government shutdown. Allen, known for large-scale stone, wood, and bronze sculptures, is in talks with Perrotin gallery for representation after his previous gallery, Kasmin, closed and rebranded as Olney Gleason.

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The United States Pavilion at the upcoming Venice Biennale faces an uncertain future after a proposal by artist Robert Lazzarini and independent curator John Ravenal collapsed. The proposal, selected by the US State Department in early September, fell through when the University of South Florida’s Contemporary Art Museum declined to sign the contract, citing a shortened timeline and financial obligations. Ravenal attributed the breakdown to bureaucratic misalignment rather than ideological disagreement, while the State Department declined to comment. The selection process also shifted this year, with the National Endowment for the Arts excluding itself due to staffing transitions, leaving the State Department to handle it alone.

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Art Busan wrapped its 14th edition on a high note, with over 100 galleries participating and a special exhibition titled “CONNECT” curated by Wonseok Koh under the theme Territories and Boundaries. The fair, part of Busan Art Week, saw strong engagement from international galleries such as Société (Berlin) and Canada (New York), with directors noting maturing visitors and serious local collectors. A new partnership with Tokyo Gendai will bring 10 Korean galleries to Japan this September, and the fair debuted a Future Art Award for emerging galleries.

thaddeus mosley new york wood sculptures 1234744085

Thaddeus Mosley, a 98-year-old sculptor based in Pittsburgh, creates monumental wood sculptures that weigh hundreds of pounds and rise high into the air. Working alone in a cavernous studio, he carves cherry and walnut using gouges, comparing his process to judo. Despite his long career spanning seven decades, Mosley remained largely unknown outside Pittsburgh until recently. He has now gained wider recognition following his inclusion in the 2018 Carnegie International, and his work is currently featured in a major exhibition at New York's City Hall Park, where he shows giant bronze versions of his wood creations.

ArtReview Podcast | Episode 5: Rene Matić

Artist Rene Matić discusses their multidisciplinary practice and cultural influences in the latest episode of the ArtReview Podcast. The conversation explores Matić’s background as a second-generation skinhead of St Lucian heritage, their status as the youngest-ever Turner Prize nominee, and the upcoming commission for the grand opening of the V&A East Museum in April 2026.

Hirshhorn Museum Collection Tops 13,000 as Major 50th-Anniversary Acquisitions Announced

The Hirshhorn Museum and Sculpture Garden in Washington, DC, acquired 314 works in 2025, bringing its collection to over 13,000 pieces. The acquisitions, announced in conjunction with the museum's 50th anniversary, include major works by Lorna Simpson, Sarah Sze, Mickalene Thomas, and Adam Pendleton, as well as photographs by Graciela Iturbide, Danny Lyon, Ezra Stoller, and Joel-Peter Witkin. The museum also received 176 works by Adam Pendleton as part of a multiyear gift from collectors Doug and Toni Gordon.

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The four nominees for the 2025 Turner Prize have been announced at Tate Britain, including Scottish sculptor Nnena Kalu, who is nonverbal autistic; Iraqi British painter Mohammed Sami; Rene Matić from Peterborough; and London-based Korean Canadian artist Zadie Xa. The shortlist was revealed by Tate Britain director Alex Farquharson, who praised the artists for reflecting the breadth of contemporary British art. The prize, established in 1984, awards £25,000 to the winner and £10,000 to each shortlisted artist. The nominees' works will be exhibited at Cartwright Hall Art Gallery in September as part of Bradford's UK City of Culture celebrations.

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Nnena Kalu, a Glasgow-born, London-based artist known for her charged abstract works driven by rhythmic repetition, has won the 2025 Turner Prize, the U.K.'s top award for contemporary art. The announcement was made at a ceremony at Bradford Grammar School, with Kalu receiving £25,000 ($33,000) for her presentation at Bradford's Cartwright Hall Art Gallery, featuring a colorful installation of suspended bundles made from found materials like VHS tape, fabric, rope, and paper. Kalu, born in 1966, is the first learning disabled artist to be nominated for and win the Turner Prize, marking a historic milestone.

Hirshhorn Director Melissa Chiu Departs to Lead Guggenheim Museum

Melissa Chiu is stepping down as director of the Hirshhorn Museum and Sculpture Garden after a decade-long tenure to lead the Solomon R. Guggenheim Museum in New York. Appointed by Guggenheim Foundation CEO Mariët Westermann, Chiu will officially assume her new role on September 1, while deputy director Aaron Seeto takes the interim helm at the Hirshhorn.

Los Angeles County Museum of Art’s new David Geffen Galleries reframe 6,000 years of history

The Los Angeles County Museum of Art (LACMA) is preparing to open its new $720m David Geffen Galleries, a massive undulating concrete structure designed by Pritzker Prize-winning architect Peter Zumthor. Spanning Wilshire Boulevard, the new building adds 110,000 square feet of gallery space and 3.5 acres of public parkland, marking the completion of a two-decade capital project led by Director Michael Govan. The facility will house the museum’s permanent collection, which has been largely out of public view for seven years, and features innovative exhibition strategies such as hanging artworks directly onto concrete walls.

Hirshhorn Museum Director Melissa Chiu Leaves for Guggenheim, Another Smithsonian Departure

Melissa Chiu has been appointed as the new director of the Guggenheim Museum in New York, departing her long-standing role at the Smithsonian’s Hirshhorn Museum and Sculpture Garden. Starting September 1, Chiu will report to Mariët Westermann, CEO of the Solomon R. Guggenheim Foundation, effectively splitting the leadership responsibilities previously held by Richard Armstrong. During her decade-long tenure at the Hirshhorn, Chiu was known for staging massive blockbuster exhibitions, including the record-breaking Yayoi Kusama "Infinity Mirror Rooms" show, though she also faced criticism for commercial ventures like a reality TV competition.

trustees bolt palm springs art museum director hire 1234761292

Trustee Patsy Marino resigned from the Palm Springs Art Museum board just one week after Christine Vendredi was appointed director on September 29, 2024. In a resignation letter reported by the Los Angeles Times, Marino alleged that the hiring committee failed to interview any outside candidates, despite two "exceptional" candidates being considered, and cited "inappropriate interference" by the executive committee, individual trustees, and museum staff. Two other board members also left the 22-member body, though the museum claims their departures were unrelated. Vendredi, previously chief curator and interim CEO, has a background in luxury brand management at Louis Vuitton and holds multiple advanced degrees but no prior museum directorship experience.

v joy simmons collection tour baldwin hills home 1234756282

V. Joy Simmons, a Los Angeles-based physician and longtime art collector, opened her Baldwin Hills home to ARTnews for a tour of her extensive collection. The house features over 150 objects, including stained-glass windows by Varnette Honeywood and Joyce Dudnick, a site-specific column installation by Lauren Halsey, and works by Elizabeth Catlett, Romare Bearden, Kerry James Marshall, Mark Bradford, Kehinde Wiley, and Carrie Mae Weems, among many others. Simmons began collecting in the 1970s with a $50 lithograph by Catlett and has since built a collection that spans generations of Black artists, often juxtaposing older and younger artists in her displays.

price check art basel basel 2025 2660511

Art Basel in Basel has concluded, with galleries reporting hundreds of sales despite low expectations set by lackluster New York auction results. Dealers shared prices ranging from $1 million to $17 million, with top sales including David Hockney's *Mid November Tunnel* (2006) at Annely Juda Fine Art ($13M–$17M), a Ruth Asawa sculpture at David Zwirner ($9.5M), and a Gerhard Richter painting at David Zwirner ($6.8M). Other notable transactions include works by Keith Haring, Mark Bradford, Georg Baselitz, and George Condo, though many galleries provided only price ranges and withheld exact titles or mediums.

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Art Basel 2025 in Switzerland, now in its 55th edition, opened with 289 exhibitors amid a soft and unpredictable art market. Major sales included a Ruth Asawa sculpture for $9.5 million at David Zwirner, a Gerhard Richter painting for $6.8 million, and a Keith Haring from 1983 for $3.5 million at Gladstone. The top reported sale was David Hockney's 'Mid November Tunnel' (2006) for $13-17 million at Annely Juda Fine Art. Hauser & Wirth headlined with a moody Mark Rothko from the early 1960s, while galleries adopted strategies of offering wide price ranges and diverse styles to hedge against market uncertainty.

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The Trump administration has selected Mexico-based sculptor Alma Allen to represent the United States at the 61st Venice Biennale, with the pavilion organized by curator Jeffrey Uslip and sponsored by the newly formed American Arts Conservancy (AAC). The AAC, founded in July 2024 and based in Tampa, is run by executive director Jenni Parido, a pet foods entrepreneur with no prior art-world experience, and its board includes figures from construction, conservative media, and high-end event planning, raising questions about its qualifications for this high-profile role.

This influential L.A. collector bought the artists no one else would. The art world is finally catching up

Eileen Harris Norton, a foundational figure in the Los Angeles art scene, is being celebrated with a major exhibition of her collection at Hauser & Wirth. The show, "Destiny Is a Rose: The Eileen Harris Norton Collection," features over 80 works, many from her home, highlighting her five-decade commitment to collecting artists who were often her friends and neighbors, particularly women, artists of color, and Southern California-based artists.

‘Learning Exchange: Artists Matter’ Comes to Los Angeles

On Saturday, 2 May 2026, Hauser & Wirth Downtown Los Angeles hosted 'Learning Exchange: Artists Matter,' a gathering focused on how artists can build mentorship pathways, strengthen community partnerships, and expand arts access for young people. The event featured a conversation between Senior Director of Learning Debbie Hillyerd and artist Mark Bradford, who discussed his socially engaged practice, followed by testimonials from two young learners from the nonprofit Culture for One. The program marked the gallery's 10th anniversary of learning programs in Los Angeles and was held alongside the exhibition 'Destiny Is a Rose: The Eileen Harris Norton Collection.'

12 Collectors on the Artists, Shows, and Trends to Watch in 2026

Artsy spoke with 12 leading collectors about the artists, exhibitions, and trends they are most excited to follow in 2026. Highlights include the re-centering of women artists, the rise of South Asian and LGBTQ+ artists, and the impact of AI on gallery operations. Collectors point to major institutional milestones such as LACMA's new campus, the Guggenheim Abu Dhabi, the Venice Biennale, and Art Basel's expansion into Qatar, as well as specific shows like Claire Tabouret's stained-glass commission for Notre-Dame and the Frida Kahlo exhibition at the Museum of Fine Arts, Houston.

22 art exhibitions in L.A. to look forward to in 2026

Los Angeles is set for a major year in visual arts in 2026, with 22 notable exhibitions and events planned across the city. Highlights include the opening of the world’s first AI arts museum (Dataland), the long-awaited Lucas Museum, Yoko Ono’s first solo show in L.A., and the LA Art Show featuring Sylvester Stallone’s abstract works and a new Latin American Pavilion. Other exhibitions include a Selena retrospective at the Grammy Museum and a video art survey at the historic Variety Arts Theater.

20 Must-See Monographic Museum Exhibitions Feature Artists Allan Rohan Crite, Wifredo Lam, Suzanne Jackson, Woody De Othello, Theaster Gates & More

Fall 2025 brings a wave of major monographic museum exhibitions worldwide, featuring artists such as Allan Rohan Crite, Wifredo Lam, Suzanne Jackson, Woody De Othello, and Theaster Gates. Highlights include the first mainstream museum shows for Crite in his hometown of Boston, the first solo museum exhibition for Gates in Chicago, and the first U.S. retrospective for Lam at MoMA. Other notable shows include surveys of Robert Colescott, Coco Fusco, Richard Hunt, Jacob Lawrence, and Cauleen Smith, spanning institutions from the San Francisco Museum of Modern Art to Zeitz MOCAA in Cape Town.

Who Are the 10 Top-Selling Living American Artists?

Artnet's Auction Price Database reveals the top 10 living American artists by auction sales value in 2024, with the U.S. art market generating $4.3 billion. The list includes Cindy Sherman ($180.9 million total sales, record $6.8 million for Untitled Film Stills), Mark Bradford ($226.6 million, record $12 million for Helter Skelter I), and Mark Grotjahn ($241 million, record $16.8 million for Untitled (S III Released to France Face 43.14)). Sherman is the only woman and photographer on the list; Bradford is the only African American and represented the U.S. at the 2017 Venice Biennale; Grotjahn is a California-based abstract painter.