The Cy Twombly Foundation is presenting six rarely seen early works by Robert Rauschenberg at Gagosian's new Upper East Side gallery in New York. The exhibition includes a fragile 1950 assemblage of twigs and glass, a cyanotype made with his then-wife Susan Weil, a 'Black Painting' from around 1952, and a 1961 assemblage, offering a unique glimpse into a period of the artist's output that he largely destroyed.
Kenny Schachter's column reports on the fallout at Michael Werner Gallery following the departure of star artist Peter Doig. Co-owner Gordon VeneKlasen is accused of expensing luxury items—including private jets, Hamptons helicopter rides, and even a solo helicopter trip for his Labrador Retriever—while the gallery faced financial strain. The partnership is dissolving, with VeneKlasen moving to Los Angeles to open his own gallery and listing his West Village home for $20 million. Meanwhile, Schachter also notes Pace Gallery's financial troubles, with founder Arne Glimcher stepping in to stabilize operations.
Lévy Gorvy Dayan is launching LGD Hammer, a new live-bidding platform that blends private sales with auction dynamics. The inaugural sale on May 16 will feature a 1984 Willem de Kooning painting estimated at $10–15 million, led by co-founder Brett Gorvy, a former auction veteran. The article also reports on gallery closures (Stephen Friedman Gallery, Galerie Philipp Zollinger, Astor Gallery), artist moves (Zoe Leonard to Maxwell Graham, Kehinde Wiley among creditors), and Sotheby’s upcoming single-owner sale of Joe Lewis’s collection expected to exceed $200 million.
High Art, a Parisian gallery known for launching the careers of artists like Lucy Bull and Julien Creuzet, is closing its physical space after 12 years. The gallery announced on Instagram that its last exhibition closed in July and that it will transition toward collaborations, offsite exhibitions, and individual artworks. Founded in 2013 by Romain Chenais, Jason Hwang, and Philippe Joppin, High Art became a tastemaker in Paris's gallery scene, known for its challenging and often unconventional program. Many artists who showed there early, including Rachel Rose, Matt Copson, and Frieda Toranzo Jaeger, later achieved international recognition.
Artnet News' Wet Paint column reports a wave of gallery closures and rumors in New York's art scene. Blum and Venus Over Manhattan have recently shut down, while Clearing's Bowery space temporarily became a Tank Air clothing pop-up, not a permanent closure. Micki Meng sent a cryptic 'I'm quitting' email but clarified it was a reference to Marcel Duchamp, not a business closure. Jack Barrett Gallery is relocating, not closing, and Tramps has closed its Washington Square Park location while planning a new Paris outpost. Jack Hanley, who closed his gallery in January, is now painting in the Hamptons.
The Louvre has temporarily closed employee offices and the Campana Gallery in the southern Sully wing due to structural concerns identified in a November 14 building assessment report, which warned of fragile floor beams. The closure affects 65 staff members and a nine-room gallery of ancient Greek ceramics. The museum has launched an investigation and plans repairs, following a year of challenges including a staff walkout in June and a dramatic theft of imperial jewels from the Gallery of Apollo in October.
The British Museum has allocated £1.2 million to facilitate the transport of the 11th-century Bayeux Tapestry from Normandy to London for a high-profile exhibition scheduled for 2026. This funding covers the logistical complexities of moving the 230-foot-long masterpiece, which is further protected by a £800 million UK Treasury guarantee. Despite the museum's rigorous planning and expert oversight, the loan has faced significant pushback from conservationists and public figures.
David Hockney has publicly condemned the planned loan of the Bayeux Tapestry from France to the British Museum, calling the transport of the 950-year-old, 224-foot-long embroidered chronicle across the English Channel “madness” and an unnecessary risk. Writing in an op-ed for The Independent, the 88-year-old artist warned that moving the fragile artifact—which has nearly 10,000 holes and 30 tears—could cause irreversible damage such as fiber contraction, expansion, or color fading. The tapestry is scheduled for a 10-month loan to the British Museum later this year, and despite a £800 million insurance scheme and assurances from museum director Nicholas Cullinan, Hockney remains unconvinced, noting that a museum representative who met with him had not read his book "Secret Knowledge." The tapestry has already been moved from the Bayeux Museum to a secret storage facility, its first relocation in 40 years.
Spielzeug Gallery, a nomadic curatorial project founded by Evan Karas, opened a temporary brick-and-mortar space at 131 Chrystie Street in New York through a collaboration with 1 Day at a Time, an enterprise that helps nomadic creatives secure footholds in the city. The inaugural exhibition, “TOYS! TOYS! TOYS!”, featured works by Thomas Liu Le Lann, Josh Rabineau, and Michelle Im, exploring themes of control, psychosexuality, and the interplay of objects and space. The gallery’s model, described as an “itinerant fantasy,” has previously staged shows in venues including a Czech bunker, a party bus, and a Bushwick apartment.
The Basque regional government has formally requested a temporary loan of Pablo Picasso's 'Guernica' from Madrid's Museo Reina Sofía to the Guggenheim Museum Bilbao for a period from October 2026 to June 2027. This would mark the painting's first movement since 1992 and is timed to coincide with the 90th anniversary of the bombing of Guernica. The request faces strong opposition from the Reina Sofía, which has released a conservation report stating the monumental canvas is too fragile to travel.
Giovanni Bellini's monumental 15th-century altarpiece, the San Giobbe altarpiece, is undergoing its most extensive restoration in over 500 years at the Gallerie dell'Accademia in Venice. Deemed too fragile to move, the two-year, €500,000 project will stabilize the cracked wood panel and analyze pigments using advanced imaging, all performed behind glass in full public view.
Spain’s Ministry of Culture has officially rejected a request from the Basque government to loan Pablo Picasso’s 'Guernica' to the Guggenheim Bilbao for an exhibition in 2026. The proposed loan was intended to commemorate the 90th anniversary of both the first Basque government and the 1937 bombing of Gernika. However, Culture Minister Ernest Urtasun cited a conservation report from the Reina Sofía museum warning that the fragile state of the canvas, which suffers from micro-cracks and paint loss, makes any transport a significant risk to its preservation.
Spain’s Culture Minister, Ernest Urtasun, has officially rejected a request from the Basque regional government to temporarily transfer Pablo Picasso’s iconic painting, Guernica, to the Guggenheim Museum Bilbao. Citing conservation reports from the Museo Reina Sofía, Urtasun argued that the 1937 masterpiece is too fragile to travel and that his primary duty is to preserve the work for future generations. Basque leaders, led by Lehendakari Imanol Pradales and Senator Igotz López, have challenged this decision, calling for an independent feasibility study and appealing directly to Prime Minister Pedro Sánchez.
When the Eaton Fire swept through Altadena in January 2025, artist Diana Thater lost decades of raw footage, master tapes, installation manuals, and ephemera stored in her garage. Her husband, artist T. Kelly Mason, managed to save a server and several hard drives, but much of her earlier archive—never digitized—was destroyed. In the aftermath, Thater began working with the Canyon Media Art Conservation Center (CMACC), a nonprofit conservation lab opening in 2026 that specializes in time-based media art. Led by conservator Cass Fino-Radin, CMACC is helping Thater locate surviving versions of her works in museums and private collections to rebuild and preserve her archive.
France’s Bayeux Tapestry will be loaned to the British Museum in 2026, with the UK Treasury providing an indemnity guarantee of approximately £800 million ($1 billion) to cover potential damage or loss during transport and display. The guarantee, part of the UK government’s indemnity scheme, is a contingent liability—no upfront payment is required unless something goes wrong. The tapestry will travel by truck via the Channel Tunnel in a specially designed crate, displayed behind protective screening, and remain in London until July 2027. The loan is part of a broader cultural agreement between Britain and France, announced by President Emmanuel Macron during his July state visit to London.
The European Fine Art Foundation (TEFAF) has awarded its €25,000 Museum Restoration Fund to the Minneapolis Institute of Art (MIA) for the conservation of *The Meeting of Dante and Virgil*, a mid-16th century Italian Renaissance tapestry. This is the first time TEFAF has funded a tapestry restoration since the initiative began in 2012. The wool and silk tapestry, made between 1547 and 1549 by the Florentine workshop of Duke Cosimo I de’ Medici and designed by Francesco Salviati, depicts the opening scene of Dante’s *The Divine Comedy*. It is the only early Medici tapestry held by a public collection outside Italy, standing 17 feet tall and eight feet wide. Due to structural weaknesses and light sensitivity, it has been largely in storage for 70 years. Conservation work by the Midwest Art Conservation Center will include wet cleaning, stabilization, and partial reweaving, along with a new display system. The tapestry is scheduled to return to public view at MIA on July 11.
Sotheby’s is navigating a complex financial landscape marked by a major debt refinancing effort and the introduction of a controversial delayed-payment program. The auction house is seeking to raise $825 million through five-year bonds to address existing debt due in 2027, while simultaneously facing a $10.2 million lawsuit over real estate commissions. To manage liquidity, the firm has codified a scheme offering sellers a 7 percent interest rate if they agree to wait six months for their payout, a significant departure from the industry standard of 35 to 45 days.
A heated political dispute has emerged between the Spanish central government and the Basque regional government over a proposed loan of Pablo Picasso’s 'Guernica' to the Guggenheim Bilbao. The Basque government requested the masterpiece for a 2027 exhibition marking the 90th anniversary of the bombing of Guernica, but the Reina Sofia Museum and Spain’s Ministry of Culture have blocked the move. Officials cite a recent technical report warning that the painting’s massive scale and fragile condition make it too vulnerable to survive the vibrations of transport.
The Robert Rauschenberg Foundation has sold the artist’s 22-acre Captiva Island estate to South Seas, a neighboring resort developer, for $45 million. The sale includes Rauschenberg’s former home, studio, and several cottages where he lived and worked for decades. The Foundation defended the move by citing the prohibitive costs of protecting the site against rising sea levels and hurricane damage, confirming that the prestigious Rauschenberg Residency program will now come to an end.
LG OLED has partnered with the Whanki Foundation to present "We Meet Again In New York" at Frieze New York, featuring digital reinterpretations of works by the late Korean abstractionist Kim Whanki. The presentation utilizes high-definition screens to showcase five of Kim’s iconic "all-over dot" paintings, animated by contemporary Korean multimedia artists including Je Baak and Mano Ahn. This digital showcase coincides with a physical exhibition of Kim’s work at the Korean Cultural Center New York, marking the artist's first major posthumous return to the city where he spent his final decade.
Milan is briefly opening access to a rare Leonardo da Vinci mural inside the Sforza Castle during the 2026 Winter Olympics. From February 7 to March 14, visitors can climb a 20-foot scaffold in the Sala delle Asse to see conservators restoring the unfinished wall and ceiling painting, which was begun around 1498 and long hidden under plaster. The castle has also launched a new multimedia installation on the room's history and reopened a gallery dedicated to Leonardo's students and followers, the Leonardeschi.
Artnet News columnist reflects on the fragile state of the art market as 2025 ends, noting that global instability and troubling news have dampened buyer psychology. Despite this, major auction houses reported strong annual sales—Sotheby's at $7 billion (up 17%) and Christie's at $6.2 billion (up 6%)—and a series of high-profile sales, including the Pauline Karpidas collection auction and Leonard Lauder's Gustav Klimt portrait fetching $236.4 million, have sparked renewed momentum. The article quotes advisors and dealers who sense a market bottom has passed, with buyers returning to auctions and fairs like Art Basel Miami Beach.
France's historic loan of the Bayeux Tapestry to the British Museum has sparked controversy over the proposed £800 million ($1.1 billion) insurance cover, which critics argue is unsuitable for such a fragile, 950-year-old textile. Art historians and conservators have raised concerns that the U.K.'s Government Indemnity Scheme does not cover damage from preexisting conditions or inherent vice, and that no sum can adequately insure an irreplaceable heritage object. A French petition calling on President Emmanuel Macron to cancel the loan has garnered over 75,000 signatures, but the U.K. government has proceeded with plans, including a practice "dry run" using a facsimile and a custom crate designed to minimize vibrations.
Johannes Vermeer's iconic painting *Girl with a Pearl Earring* will travel to Japan for the first time in over a decade, on view at the Nakanoshima Museum of Art in Osaka from August to September. The loan is necessitated by the closure of its permanent home, the Mauritshuis in The Hague, for renovations. The Mauritshuis had previously pledged not to lend the painting again after its 2012–2014 tour of Japan, Italy, and the U.S., making an exception only for the Rijksmuseum's 2023 Vermeer exhibition. Director Martine Gosselink called the trip a unique opportunity to share the work with the Japanese public, possibly for the last time.
The National Gallery in London will host "Van Eyck: The Portraits" in November, a landmark exhibition uniting all nine of Jan van Eyck's surviving portraits for the first time. This includes masterpieces like *The Arnolfini Portrait* (1434) and loans from the Gemäldegalerie in Berlin, the Groeningemuseum in Bruges, and the Kunsthistorisches Museum in Vienna, alongside the recently conserved *Portrait of a Man (Self Portrait?)* (1433).
In 2025, a series of major art restorations unveiled transformative discoveries in masterpieces by Caravaggio, Raphael, and Artemisia Gentileschi, among others. Caravaggio's final work, *The Martyrdom of St. Ursula* (1610), owned by Intesa Sanpaolo, was cleaned ahead of Rome's "Caravaggio 2025" exhibition, revealing hidden faces and a soldier's helmet previously only visible by x-ray. At the Vatican Museums, a decade-long restoration of the Raphael Rooms concluded with the revelation that two allegorical figures in the Hall of Constantine were painted by Raphael himself, not just his assistants, rewriting art history. Meanwhile, Artemisia Gentileschi's *Hercules and Omphale* (ca. 1635–37), damaged in the Beirut explosion, underwent emergency conservation by the Getty.
Artist Cai Guo-Qiang sparked a major controversy on Chinese social media after staging a fireworks display titled "Rising Dragon" in the Himalayas near Shigatse, Tibet, on September 19, 2025. The event, co-organized with outdoor brand Arc'teryx, drew dozens of art insiders and influencers but was quickly condemned by netizens, environmental scientists, and activists for threatening the fragile Tibetan plateau ecosystem and showing cultural insensitivity toward sacred Buddhist mountains. Both Cai and Arc'teryx issued apologies, and state media outlets like CCTV and Xinhua condemned the performance, leading to an investigation by local authorities.
The Louvre will raise ticket prices by 45 percent for non-E.U. visitors starting January 14, 2026, with tickets increasing to €32 ($37) for travelers from the U.S., U.K., and China, while E.U. visitors continue to pay €22. The price hike, announced on November 27, is expected to generate €15–20 million annually to fund modernization plans, following intense criticism over aging infrastructure and a $102 million jewel heist in October. The museum also faces structural issues, including the temporary closure of parts of its Sully wing due to fragile support beams, and has implemented an €80 million security master plan.
A tourist at the Uffizi Gallery in Florence damaged an 18th-century portrait of Ferdinando de’ Medici by Anton Domenico Gabbiani while taking a selfie on June 21. The man tripped backward onto the canvas, causing a small tear near the subject's right foot. Museum staff quickly removed the painting for assessment, and the work is expected to return to display soon in the exhibition “Florence and Europe: Arts of the Eighteenth Century.” The perpetrator was apprehended and reported to authorities; director Simone Verde vowed to prosecute and implement “anti-selfie measures.”
A child under the age of five recently scratched a Mark Rothko painting at a museum in the Netherlands, forcing its removal for restoration. The article compiles several notorious incidents of children accidentally damaging artworks, including a 12-year-old boy punching a hole through a $1.5 million Baroque painting by Paolo Porpora in Taipei, a 4-year-old shattering a 3,500-year-old vase at the Hecht Museum in Israel, a girl climbing a Donald Judd sculpture at Tate Modern, and kids breaking a glass artwork by Shelley Xue at the Shanghai Museum of Glass. In most cases, the damage was accidental, driven by curiosity or misinterpretation, and often involved lapses in adult supervision.