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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This week's art industry roundup covers major personnel shifts, fair announcements, and institutional news. Phillips named Robert Manley chairman for Modern and contemporary art and Miety Heiden chairman for private sales after the departures of Cheyenne Westphal and Jean-Paul Engelen. Art Basel Paris announced 203 galleries for its October fair at the Grand Palais, while Kiaf Seoul will host 176 exhibitors in September. Tony Karman is stepping down as director of Expo Chicago after 14 years. Pace Gallery added Friedrich Kunath, Galerie Nordenhake signed Naufus Ramírez-Figueroa, and Sylvia Kouvali now represents Luigi Zuccheri. Ariel Pittman is launching a new Los Angeles gallery, Official Welcome. The Louvre will return 258 works from Adèle de Rothschild's bequest to the Fondation des Artistes. President Trump dismissed Smithsonian National Portrait Gallery director Kim Sajet over DEI support, though his authority is questioned. The Centre Pompidou announced a new $240 million outpost in Brazil. The Art Institute of Chicago confirmed director James Rondeau will return after a flight incident. The Pérez Art Museum Miami appointed Karen H. Bechtel as board president. Frieze and Deutsche Bank detailed their 2025 Emerging Curators Fellowship. A rare Gustav Klimt portrait of an African prince was offered for €15 million.

Dealers at TEFAF Maastricht Report Robust Sales, Offering Works Ranging from Two Inches to Room-Size

Dealers at TEFAF Maastricht Report Robust Sales, Offering Works Ranging from Two Inches to Room-Size

Dealers at the TEFAF Maastricht art fair reported strong sales, defying concerns over global unrest and geopolitical tensions that limited some collectors' travel. The fair, featuring 277 dealers from 24 countries, saw a high caliber of international collectors engaging with works ranging from monumental 18th-century sculptures to minuscule, intricately detailed pieces. First-time exhibitors and veterans alike expressed satisfaction, with one rare books dealer calling it his best year in three decades of participation.

Van Gogh Museum Acquires Only Third Painting by a Female Artist at TEFAF

Van Gogh Museum Acquires Only Third Painting by a Female Artist at TEFAF

The Van Gogh Museum in Amsterdam has acquired Virginie Demont-Breton's 1887-88 painting *L'homme est en mer* at the TEFAF Maastricht fair. The work, depicting a woman and child awaiting a sailor's return, becomes only the third painting by a female artist in the museum's collection and was purchased for a sum between $543,000 and $1.1 million.

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TEFAF New York 2025 opened with 91 exhibitors, featuring a mix of blue-chip and emerging artists. Galleries reported sales including a €250,000 relief by Anne Imhof at Sprüth Magers, a $500,000 Sean Scully painting at Lisson Gallery, and multiple Ruth Asawa works at David Zwirner ranging from $50,000 to $2.8 million. Thaddaeus Ropac sold works by Daniel Richter for €840,000. The fair aims to attract younger buyers while maintaining its prestige, with fewer objects priced above $10 million than in previous years.

Strikes Damage UNESCO Sites in Israel and Iran; Cologne Cathedral to Charge Tourists Entry

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Escalating conflict in the Middle East has resulted in significant damage to UNESCO World Heritage sites in both Israel and Iran. In Tel Aviv, Iranian missile strikes damaged Bauhaus-style buildings in the White City district and the Habima National Theater, while Israeli and US bombings reportedly struck Tehran’s historic Golestan Palace. Meanwhile, the Cologne Cathedral announced it will begin charging tourists an entry fee in July to address a financial crisis, following a trend of European landmarks seeking new revenue streams for monument upkeep.

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The 2025 edition of TEFAF Maastricht has opened with 277 dealers from 24 countries, showcasing 7,000 years of art history despite significant geopolitical instability in the Middle East. While the fair remains a premier destination for Old Masters and high-end antiques, exhibitors are navigating logistical hurdles caused by regional conflicts and airport closures in major transit hubs like Dubai.

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The 2024 edition of TEFAF Maastricht has opened with a significant focus on rediscovered female Old Masters, highlighted by the third annual 'Map of Women Artists' which now features over 670 works. Major dealers like Lullo Pampoulides and Koetser Gallery are showcasing high-value pieces by Artemisia Gentileschi, Virginia da Vezzo, and Michaelina Wautier, drawing immediate attention from institutional leaders including Metropolitan Museum of Art director Max Hollein.

The Art Market Returns to Growth

Confidence in the art market is rising, with a significant increase in dealers expecting sales growth in 2026 according to the latest Art Basel and UBS Global Art Market Report. The report, authored by economist Clare McAndrew, notes that 43% of dealers anticipate improvement, a 10-point jump from the previous year, though recovery remains uneven due to high costs and trade barriers.

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D Lan Galleries is returning to TEFAF Maastricht in 2026 following a landmark debut that generated nearly $1.4 million in sales. The Melbourne and New York-based gallery will showcase 13 masterworks by prominent First Nations Australian artists, including Emily Kam Kngwarray, Sally Gabori, Johnny Warangkula Tjupurrula, and Gordon Bennett. The presentation spans works from the 1970s to the present, highlighting the evolution of Indigenous Australian art on the global stage.

Paris Dealer Kamel Mennour Buys Galerie Malingue, Founded Over Five Decades Ago

Parisian art dealer Kamel Mennour has acquired the historic Galerie Malingue, taking over its prestigious 4,300-square-foot showroom on Avenue Matignon. The purchase represents a generational shift, with the younger dealer assuming control of a space founded over fifty years ago by Daniel Malingue, known for its focus on Impressionist, Surrealist, and modern masters.

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Tate has announced an ambitious plan to build a £150 million ($201 million) endowment by 2030, launching the Tate Future Fund in June with over £43 million ($58 million) pledged. The initiative, unveiled at a high-profile gala that raised £1 million ($1.34 million), has sparked debate across the UK museum sector about the viability of endowment models for long-term sustainability. Meanwhile, the Baltic Centre for Contemporary Art in Gateshead launched a £10 million ($13 million) endowment, bolstered by a gift from musician Sting, and other UK museums like the British Museum and V&A have quietly built similar reserves. In a separate story, Matthiesen Gallery has filed a lawsuit in US District Court against convicted fraudster Thomas Austin Doyle, artist Shalva Sarukhanishvili, Jill Newhouse Gallery, and art collector Jon Landau over the alleged mishandling of Gustave Courbet's painting *Mother and Child on a Hammock* (ca. 1844), claiming fraud and breach of contract after the painting was sold far below its market value.

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The global art fair calendar for 2026 is taking shape with a mix of established blue-chip events and significant new international expansions. Key highlights include the debut of Pavilion in Taipei and Hong Kong, the expansion of Paris Internationale into Milan, and the highly anticipated return of the ADAA Fair to New York's Park Avenue Armory following a strategic hiatus.

Glassblower and porcelain heir Paul Arnhold on the art he loves to collect

The article profiles Paul Arnhold, a New York-based glassblower and fourth-generation heir to a major Meissen porcelain collection. He discusses how his hands-on practice as a maker directly informs his eclectic approach to collecting, which spans from ancient Etruscan artifacts to contemporary paintings by artists like Salman Toor. He emphasizes collecting based on personal joy and tactile presence rather than provenance alone.

This Masterpiece by Rembrandt’s Star Pupil Has a New Owner

This Masterpiece by Rembrandt’s Star Pupil Has a New Owner

Willem Drost's 1654 painting *Man With a Plumed Red Beret* has been acquired by the Leiden Collection, a private museum focused on Dutch Golden Age art. The sale was conducted privately through Agnews Gallery at the TEFAF Maastricht fair for an undisclosed sum, with the collection's founder calling it a "capstone acquisition."

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Artnet News highlights five recent rediscoveries and reinterpretations that are reshaping narratives around Black artists and sitters in art history. These include Gustav Klimt's long-lost portrait of Prince William Nii Nortey Dowuona, an Osu prince exhibited in a racist "human zoo" in Vienna, which resurfaced in 2023 and was shown at TEFAF Maastricht with a $16.4 million price tag. Also featured are Edvard Munch's dual portrayals of Sultan Abdul Karim—one intimate, one stereotyped—on view at the National Portrait Gallery in London, and new research identifying James Cumberlidge, a Black servant in a Jean-Baptiste van Loo portrait, correcting a historical misattribution.

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The record-setting $32 million sale of Gustav Klimt's "Portrait of Fräulein Lieser" (1917) has fallen through after a restitution settlement failed to resolve gaps in its provenance. The painting, discovered in early 2024 and sold at Im Kinsky auction house in Vienna to an anonymous Hong Kong buyer in April, was mired in controversy over its history during the Nazi era. The work's whereabouts between 1925 and 1961 were unknown, a period including Austria's annexation by Nazi Germany. The auction house proposed the work was commissioned by Henriette Lieser, who was deported and murdered at Auschwitz, but conflicting theories about the sitter's identity and the painting's path through a Nazi party member's family complicated restitution efforts. A new potential legal heir emerged after the sale, and the buyer ultimately pulled out.

La grande fiera TEFAF si tiene a New York da 10 anni. Come sarà l’edizione 2026?

TEFAF New York returns to the Park Avenue Armory from May 15–19, 2026 (with a collector preview on May 14), marking the fair's tenth anniversary. The 2026 edition will host 88 top international galleries from 15 countries across four continents, offering museum-quality selections of modern and contemporary art, jewelry, antiques, and design. Highlights include Andy Warhol's Mao (1973) at ML Fine Art, Cecily Brown's Functor Hideaway (2008) at Berggruen Gallery, and a 2026 work by Minjung Kim at Voena. The fair also extends into the Armory's historic period rooms, and the TEFAF Museum Restoration Fund will support the conservation of a Medici tapestry owned by the Minneapolis Institute of Art.

Tefaf New York: determination in the face of Trump’s tariff chaos

Tefaf New York returns to the Park Avenue Armory with 91 exhibitors from four continents, presenting 7,000 years of art amid uncertainty caused by President Donald Trump's recently announced tariff regime. The fair's director, Leanne Jagtiani, sent a letter to exhibitors acknowledging the "significant impacts" on the industry, assuring them of close communication with shippers and legal advisers, and advocating for the exclusion of artworks from potential EU reciprocal tariffs. While artworks are understood to be exempt, antiques and contemporary works in unconventional materials may be subject to the new tariffs, creating confusion among dealers and collectors.

Tefaf New York wish list: objects and treasures to suit every collector’s taste

Tefaf New York presents a curated wish list of objects and treasures catering to diverse collector tastes. Highlights include Lee Bontecou's monumental mixed-media sculpture 'Untitled (1980-2001)' shown by Ortuzar and Marc Selwyn Fine Art, a rare René Magritte collage from 1926 offered by Di Donna Galleries, an ancient Egyptian bronze Osiris statue from David Aaron, and an Aboriginal painting by Mantua Nangala from Salon 94. Each piece is accompanied by price estimates and provenance details, reflecting the fair's focus on high-quality, historically significant works.

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Two New York art galleries run by dueling brothers are locked in a legal battle over the use of the name "Aicon." Projjal Dutta, representing Aicon Contemporary, filed a lawsuit in New York Supreme Court in October against his brother Prajit Dutta and director Harry Hutchison, who run Aicon Art and ArtsIndia.com. The suit alleges that the defendants have misleadingly used the names "Aicon Gallery" or simply "Aicon" instead of the agreed-upon "Aicon Art," causing confusion in the art market. The brothers previously operated the legacy Aicon Gallery together for 20 years before parting ways in 2019, but they still share the same address and phone number at 35 Great Jones Street.

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The European Alliance of Academies has launched 'Re:Create Europe,' a four-year, $2 million initiative designed to safeguard artistic freedom and cultural autonomy across the continent. Funded largely by the European Union, the program will provide financial aid, residencies, and digital resources to artists and institutions facing political censorship, economic precarity, and the impacts of war. Notable beneficiaries include Madrid’s Círculo de Bellas Artes, which will receive funding to offset recent politically motivated local budget cuts.

'I wanted to catch the desperation': Dries Verhoeven on turning the Dutch pavilion into a bunker for the Venice Biennale

Artist Dries Verhoeven has transformed the Dutch pavilion at the Venice Biennale into a bunker-like space by covering its iconic glass-and-steel structure with metal shutters. Inside, visitors experience a gradually darkening environment and a raw vocal performance by 13 rotating performers, intended to evoke desperation and confusion about contemporary global crises. The work critiques the modernist ideals of openness and optimism embodied by the pavilion, designed by Gerrit Rietveld in 1953.

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TEFAF has selected the Black Book of Hours, a rare 15th-century illuminated manuscript from the Hispanic Society Museum and Library in New York, as the recipient of its 2025 Museum Restoration Fund. The manuscript, one of only seven known black vellum books of hours, will be displayed at TEFAF New York at the Park Avenue Armory before undergoing conservation treatment by the Conservation Center for Art and Historic Artifacts in Philadelphia. The work involves disbinding the 149-folio volume, high-resolution imaging, and addressing centuries of wear.

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Guy Wildenstein has resigned as president of Wildenstein & Co., the prestigious art gallery founded by his family in 1875, after 35 years in the role. He is succeeded by his son David Wildenstein, who previously served as vice president overseeing investment and real estate, while his daughter Vanessa Wildenstein becomes vice president and director of the New York location. The announcement was made to the Art Newspaper, which first reported the news. Wildenstein, 80, was convicted of tax fraud in 2024 in a high-profile French case involving the concealment of masterworks to avoid inheritance taxes, receiving a four-year prison sentence with house arrest and a €1 million fine.

Our 6 Favorite Artworks from Women-Led Galleries Now

tefaf maastricht art fair museum collection

TEFAF Maastricht, the European Fine Art Fair, returns to the Maastricht Exhibition & Conference Centre from March 14 through 19, 2025. The fair spans Dutch Old Master paintings, contemporary textiles, antiques, jewelry, and design, with a Focus section that juxtaposes canonical figures like Gerrit Rietveld with emerging artists such as Ladi Kwali. Last year, major museums including the Met, the Museum of Fine Arts, Boston, and the Art Institute of Chicago acquired works at the fair, highlighting its role as a key acquisition venue for public collections.

Tefaf Maastricht: exhibitions to see beyond the fair

As the art world descends on the Netherlands for the TEFAF Maastricht fair, several major regional museums are launching significant exhibitions to capture the international audience. Key highlights include the Mauritshuis’s bird-themed survey co-curated by Simon Schama, the Rijksmuseum’s exploration of Ovid’s Metamorphoses featuring loans from the Galleria Borghese, and a massive Yayoi Kusama retrospective at Museum Ludwig in Cologne marking the institution's 50th anniversary.

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American con artist Thomas Doyle, 68, has been charged with wire fraud for allegedly defrauding London gallery owner Patrick Matthiesen over a Gustave Courbet painting. Doyle claimed to manage a family trust with billions in assets and offered to broker the sale of Courbet's 1844 oil painting *Mother and Child on a Hammock* without commission. Instead, he delivered the work to his partner Shalva Sarukhanishvili, who sold it to Jill Newhouse Gallery for $115,000; the gallery then resold it to collector Jon Landau for $125,000. Matthiesen received no proceeds and filed a lawsuit against Doyle, Sarukhanishvili, Jill Newhouse Gallery, and Landau. Doyle has a prior fraud conviction involving a Corot painting and was described by a judge as a "career criminal."

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The Matthiesen Gallery in London has filed a lawsuit in the Southern District of New York alleging fraud, breach of contract, and other counts over a Gustave Courbet painting, *Mother and Child on a Hammock*. The gallery claims that Thomas Austin Doyle, a convicted con man, orchestrated a scheme to defraud director Patrick Matthiesen, selling the painting—valued at $650,000—through artist and dealer Shalva Sarukhanishvili to Jill Newhouse Gallery for $115,000, which then sold it to top collector Jon Landau for $125,000. The lawsuit also names Landau, who allegedly viewed the work multiple times at TEFAF fairs knowing its retail price, yet refuses to return it. Doyle has a long criminal history, including prior convictions for art fraud and theft.