timo kappeller joins pace gallery senior director 1234770176

Timo Kappeller has joined Pace Gallery as a senior director in New York, focusing on sales and artist relationships, starting January 20. He arrives from The Campus, a collaborative exhibition space in upstate New York, and previously held senior roles at Hauser & Wirth and Andrew Kreps, with early career experience at Documenta and KW Institute for Contemporary Art in Berlin. His hiring follows several high-profile departures from Pace, including senior vice president Jessie Washburne-Harris to White Cube and artist Yoshitomo Nara to David Zwirner.

Shoptalk: New Guggenheim Director Melissa Chiu on How She Got the Job

Melissa Chiu has been appointed as the new director of the Solomon R. Guggenheim Museum in New York, transitioning from her long-standing leadership at the Smithsonian’s Hirshhorn Museum and Sculpture Garden. The appointment was the result of a confidential search led by Mariët Westermann, the Guggenheim’s overall director and CEO, who determined that the expanding global "constellation" of museums required a dedicated leader for the New York flagship. Chiu will officially assume the role in September, just ahead of the highly anticipated opening of the Guggenheim Abu Dhabi in 2025.

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Thousands of documents released by the U.S. Department of Justice reveal that convicted sex offender Jeffrey Epstein was the hidden architect behind billionaire Leon Black's multi-billion dollar art investment and financial strategy from 2012 to 2017. Epstein managed Black's vast collection, valued at $2.7 billion in 2016, setting up LLCs, negotiating loans and commissions with major auction houses and galleries, and deploying the art for tax and estate planning.

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Maike Cruse, the new director of Art Basel's flagship fair in Basel, is preparing for the 2025 edition opening to VIPs next week. The fair will feature 285 galleries from around the world, including the Unlimited section for large-scale works and a conceptual wheat field by Agnes Denes originally planted at the World Trade Center in 1982, now growing at the Messeplatz. In an interview, Cruse discusses her transition from leading Gallery Weekend Berlin for a decade, the evolution of Basel as an art market hub, and her vision for rejuvenating the fair while maintaining its regional identity.

who is marlene dumas highest selling living woman artist 2645224

At a Christie’s New York 21st-century art sale, Marlene Dumas’s painting *Miss January* (1997) sold for $13.6 million with premium, setting a new auction record for the most expensive artwork by a living woman artist. The work, estimated at $12–18 million, narrowly surpassed the previous record of $12.4 million held by Jenny Saville since 2018. Dumas, a 71-year-old South African painter based in Amsterdam, has built a steady market over decades, with her galleries carefully managing her work to avoid speculation.

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Billionaire hedge fund manager and prominent art collector Kenneth C. Griffin has issued a stark warning regarding the global economy, stating that a recession is inevitable if the Strait of Hormuz remains closed through the end of the year. Speaking at the Semafor World Economy summit, Griffin highlighted that the closure of this vital oil passageway has created energy shocks and treacherous conditions for central bankers, potentially forcing further interest rate hikes to combat inflation.

Paint Drippings: Art Industry News November 21

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The Philadelphia Museum of Art has appointed Daniel H. Weiss, former head of the Metropolitan Museum of Art, as its new director and CEO to provide stability following the controversial dismissal of Sasha Suda. The transition occurs amid a legal battle, with the museum filing court documents alleging Suda misappropriated funds and falsified records. Meanwhile, the auction market saw a historic moment at Sotheby’s, where Gustav Klimt’s 'Portrait of Elisabeth Lederer' sold for $236.4 million, setting a new record for the artist and becoming the most expensive Modern work ever sold at auction.

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Maurizio Cattelan's 18-karat gold toilet sculpture, *America* (2016), sold at Sotheby's New York for $12.1 million to Ripley's Believe It or Not!, the entertainment franchise known for oddities. The work, consigned by hedge-fund manager Steve Cohen, was auctioned from the Breuer Building and drew long viewing lines. Despite a playful bidding process led by auctioneer Phyllis Kao, the final price fell short of Cattelan's auction record of $17.2 million set by *Him* (2001) at Christie's in 2016.

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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.

Louise Nevelson Sculpture at Long Island Synagogue for Sale

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Temple Beth El, a synagogue in Great Neck, New York, has announced the sale of a monumental 55-foot-long Louise Nevelson sculpture titled "The White Flame of the Six Million." Commissioned in the 1960s as a Holocaust memorial and functional Torah ark, the white-painted wood installation has served as the centerpiece of the congregation's sanctuary for over 50 years. Due to dwindling membership and a decision to sell the synagogue property, the congregation is seeking a new home for the massive work.

Louvre Theft Caused by Mismanagement; Veterans Sue to Halt Building of Arc de Trump: Morning Links for February 20, 2026

louvre theft caused by mismanagement veterans sue to halt building of arc de trump morning links for february 20 2026 1234774018

A French parliamentary commission has released a scathing report accusing the Louvre of systemic mismanagement and a 'denial of risks' following the October 2025 theft of the French crown jewels. The investigation suggests the museum operates as an unaccountable 'state within a state,' leading to security failures that enabled the high-profile heist. Meanwhile, veterans have filed a lawsuit to block the construction of the 'Arc de Trump' monument in Washington D.C., and the National Constitution Center faces leadership turmoil amid political pressure.

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The Aldrich Contemporary Art Museum in Ridgefield, Connecticut, has announced a new recurring exhibition series called the Aldrich Decennial, which will take place every ten years. The inaugural edition, titled “I am what is around me,” runs from June 7, 2026, to January 10, 2027, and features 40 artists living and working in Connecticut who have not previously exhibited in the state. Organized by chief curator Amy Smith-Stewart and curatorial and publications manager Caitlin Monachino, the survey spans the museum’s entire campus and includes high-profile names such as Dominic Chambers, Tammy Nguyen, Em Rooney, Aki Sasamoto, and Julia Wachtel, with artists ranging in age from Lucy Sallick (born 1937) to Remy Sosa (born 1995).

kohler announces 2026 residency industry moves 1234762363

The ARTnews industry moves column for November 19, 2025 reports several gallery and institutional changes: Ortuzar partners with the Claire Falkenstein Foundation for a multi-year initiative including a booth at Art Basel Miami Beach and a 2026 exhibition at the San Diego Museum of Art; Jessica Silverman now co-represents GaHee Park with Perrotin; Gurr Johns appoints Robert Goff as president of private sales and Tabor Story as director of private sales; Tara Downs adds Diné/Tlingit artist Nizhonniya Austin to its roster; Kohler Arts/Industry announces its 2026 residency cohort of 12 artists; Upsilon Gallery names Camilla Previ managing director in Milan. The column also highlights the record-breaking $236.4 million sale of Gustav Klimt's 'Portrait of Elisabeth Lederer' at Sotheby's, the highest price for any modern artwork at auction.

abu dhabi art 2025 scene frieze sales 1234763435

Abu Dhabi Art (ADA) held its final edition at Manarat Al Saadiyat before transitioning into a Frieze franchise in November 2025. The fair featured 53 new galleries, a Focus sector highlighting art scenes from Nigeria, Turkey, and South Asia, and a new Emerge section offering discounted booth prices for works under $3,000 to attract emerging collectors. The shift comes as Abu Dhabi’s cultural landscape moves beyond its iconic Saadiyat Island museums—Louvre Abu Dhabi, Zayed National Museum, and Guggenheim Abu Dhabi—toward more grassroots ventures like the MiZa warehouse district, which hosts experimental spaces such as MamarLab and Iris Projects. Mega-gallery Pace returned after a 14-year absence, citing renewed energy in the Gulf market.

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Olivia Barrett, co-founder of the Los Angeles gallery Château Shatto, is pivoting her business strategy to navigate a cooling art market and a post-boom landscape in Southern California. After moving to the Melrose Hill art corridor, Barrett is shifting away from the high-velocity art fair model to focus on a more curated, historical program. This includes integrating 20th-century estates and secondary-market works from artists like Alice Rahon and Emily Kam Kngwarray alongside contemporary voices like Aria Dean.

top 5 art market minute podcast episodes 2025 2728773

Artnet News published a roundup of the top five episodes of its podcast 'Art Market Minute' from 2025, hosted by Margaret Carrigan. The episodes cover key industry topics: whether artists still need galleries, how to build professional relationships in the art world, the rising market value of Jack Whitten's work, the impact of AI on the art market, and the wave of high-profile gallery closures reshaping the trade. Guests include Sonia Manalili, Brooke Lampley, Naomi Rea, Eileen Kinsella, Jo Lawson-Tancred, and Katya Kazakina.

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Abu Dhabi Art (ADA) opens its largest edition to VIPs on November 18 at Manarat Al Saadiyat, featuring 142 exhibitors—up from just over 100 last year. This is the final edition under the ADA name before it relaunches as Frieze Abu Dhabi in 2025, marking a major transition for the Gulf's art market. Key international dealers like Pace are returning after a long absence, and the fair includes works by Robert Indiana, Arlene Shechet, and a teamLab installation. The event comes as Art Basel also plans its 2026 debut in Qatar, signaling a broader regional shift.

another management shake up at sothebys asia and a rundown of the latest in asias art world 2668709

Sotheby's Asia faces another leadership shake-up as Elaine Holt departs her role as chairman of modern and contemporary art in Asia after just one year. Jasmine Prasetio, Sotheby's managing director for Southeast Asia, will relocate to Hong Kong to serve as interim chair. Meanwhile, European galleries Meyer Riegger and Galerie Jocelyn Wolff are partnering to open a new space in Seoul called Meyer Riegger Wolff, led by Gala Musi, with an inaugural show during Frieze Seoul. Design Miami will make its Asian debut in Seoul, and London-based artist Firenze Lai has joined White Cube's roster. In Taiwan, the Taichung Green Museumbrary, designed by SANAA, is set to open in December, and the Gwangju Biennale Foundation has appointed Youn Bummo as its new president.

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Christie’s marquee auction on Monday night in New York generated $488.8 million in total sales, led by Piet Mondrian’s 1922 painting *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue*, which sold for $47.6 million—just shy of the artist’s $51 million auction record. The sale featured the Leonard & Louise Riggio collection, the largest single collection of the season, comprising 39 works estimated at $252–326 million; after one withdrawal and one unsold lot, the group achieved $271.9 million. Many high-profile lots, including works by Alberto Giacometti, René Magritte, Barbara Hepworth, Gerhard Richter, Mark Rothko, and Andy Warhol, sold on single bids to third-party guarantors, reflecting a cautious market.

California’s High Desert Is Rich With Natural and Artistic Beauty—All Amplified by a Budding Art Fair

The fifth annual High Desert Art Fair (HDAF) took place at the Pioneertown Motel in California's High Desert, featuring 20 galleries, nonprofits, studios, and publishers. Founded by Nicholas Fahey of Fahey/Klein Gallery and artist manager Candice Lawler, the fair leverages the area's existing artistic community and natural beauty to attract visitors from Los Angeles and beyond.

Jennifer Gilbert Consigns Blue-Chip Works to Sotheby’s to Fund Detroit Arts Space

Philanthropist Jennifer Gilbert is consigning a selection of blue-chip postwar artworks to Sotheby’s this spring to fund Lumana, a new arts nonprofit in Detroit. The auction highlights include Joan Mitchell’s 'Loom II', estimated at $5 million to $7 million, and a significant target-style painting by Kenneth Noland that could set a new auction record for the artist. The collection also features works by George Rickey and Harry Bertoia, emphasizing a cohesive blend of midcentury abstraction and design.

Catherine Pégard Named French Culture Minister; Frieze Los Angeles Clocks Enthusiastic Sales; Morning Links for February 27, 2026

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French President Emmanuel Macron has appointed Catherine Pégard, the former president of the Château de Versailles, as the new French Culture Minister. Pégard faces immediate challenges, including addressing the recent theft of the French crown jewels from the Louvre and managing Macron’s ambitious $1 billion overhaul of the museum. Meanwhile, the VIP opening of Frieze Los Angeles has reported robust sales, with dealers describing the atmosphere as a "frenzy" amidst a notable trend in textile-based art and photography.

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The Louvre closed on Monday due to a strike by employees demanding improved working conditions and pay equity, marking the fourth closure since mid-December. Roughly 300 workers voted to extend the strike, which began December 15, after fruitless negotiations with the Ministry of Culture and Louvre management. The dispute has been intensified by an October 19 burglary that exposed systemic security failures, and workers have also protested the museum's long-term redevelopment plans, including a proposed standalone gallery for the Mona Lisa, calling them unrealistic given staffing shortages and maintenance issues.

jack shainman gallery responds odili donald odita lawsuit 1234764379

Jack Shainman Gallery has formally responded to a lawsuit filed by artist Odili Donald Odita, who accused the New York gallery of refusing to return his artworks. Odita, whose work has been shown at the Venice Biennale and who recently painted the atrium of the Museum of Modern Art, claimed the artworks were worth $1.12 million. In a late November filing, the gallery countered that it holds far less inventory than Odita alleges and that the artist still owes money for production costs. The gallery disclosed that it had paid Odita a monthly stipend starting in 2016—$14,000 per month at its peak—which stopped in 2024, and that Odita had received $586,000 in loans. The gallery claims it has the right to retain five works valued at $650,000, which were consigned to David Kordansky Gallery, and that Odita must repay over $292,000 in outstanding loans.

flemish government eliminates m hka smak museum controversy 1234756101

The Flemish government has announced a plan to close the Museum of Contemporary Art Antwerp (M HKA), Belgium's oldest contemporary art museum, and transfer its collection of around 8,000 objects to the S.M.A.K. in Ghent, which will be rebranded as the Flemish Museum of Contemporary and Current Art by 2028. The decision, part of a broader reform of Flanders' museum landscape, has sparked outrage: M HKA's board chairman Herman De Bode resigned, and staff published an open letter and launched a petition that gathered over 2,600 signatures, accusing the government of acting without transparency or consultation.

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Arthur Brand, a self-proclaimed art detective, recovered 25 documents stolen from the Netherlands National Archives in 2015. The trove includes items on UNESCO’s Memory of the World Register, such as a 1602 report of the Dutch East India Company’s first meeting, a 1700 report of a visit to Mughal India’s Emperor Aurangzeb, and a ship’s log by 17th-century admiral Michiel de Ruyter. Brand was contacted after a person clearing an attic found the box and showed it to a former history professor. Brand took possession on condition of returning the documents to the National Archives, which had been unaware the items were stolen.

U.S. Crowdfunds Its Venice Biennale Pavilion

The United States is crowdfunding its pavilion at the 61st Venice Biennale, which opens in ten days, due to the absence of major sponsors like the Ford Foundation and the Mellon Foundation. The pavilion, featuring sculptures by Alma Allen, is being organized by the American Arts Conservancy (AAC), which is soliciting donations through a campaign that has been live since at least November. The U.S. government contributes $375,000, but the installation costs significantly exceed that amount. Donors include Nevada-based Republican donors Jim and Aimee Battista, talent manager Tom Ierna, and actor Alex Pita. The AAC has not disclosed the campaign's fundraising goal, amount raised, or end date.

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The article examines the posthumous market resurgence of painter Robert Colescott, who died in 2009. After his commercial profile faded, Los Angeles dealer Tim Blum and his gallery Blum & Poe began working with the artist's estate in 2017, staging five solo shows and rescuing a disorganized estate with works stored in shipping containers in Arizona. Major auction prices followed, including a record $15.3 million for 'George Washington Carver Crossing The Delaware' in 2021. In 2024, after Blum & Poe closed, Gladstone Gallery took over representation. A current exhibition at the Tacoma Art Museum, 'The One-Two Punch: 100 Years of Robert Colescott,' runs through March 29.

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Gloria Klein, a late New York-based painter known for anxious acrylic arrangements and methodical mathematical systems, is the subject of a new solo exhibition titled "Crisis Management" opening January 9, 2026, at Anat Ebgi New York. The show presents many of her later paintings for the first time, and coincides with the announcement that Anat Ebgi now represents her estate. Klein, born in Brooklyn in 1936, was a queer artist who participated in the feminist publication HERESIES, created portraits of critics Arlene Raven and Lucy Lippard, curated the 1977 exhibition "10 Downtown: 10 Years" at PS1, and was a member of the Criss Cross art cooperative. Despite a recent sale of her work for $30,000 at Frieze Los Angeles in 2023, she remains relatively unknown.

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The Toledo Museum of Art has opened "Infinite Images: The Art of Algorithms," an exhibition tracing the history of code-based art from the 1960s to the present. Curated by Julia Kaganskiy, the show features 24 artists including pioneers like Sol LeWitt, Josef Albers, and Vera Molnár, alongside contemporary digital creators such as Larva Labs, Snowfro, Dmitri Cherniak, Operator, and Emily Xie. Works range from Molnár's "Interruptions" series (1968–69) to recent generative and on-chain pieces like CryptoPunks (2017) and Chromie Squiggles (2020), many drawn from the collection of hedge fund manager Alan Howard.