Art News. Vasari Codex

article news schedule Jun 23, 2025 visibility 20 link 9 artists, 9 galleries

el greco paint drippings art industry news jun 20

This week's art industry roundup covers a range of developments: a new wave of younger, deliberate collectors is reshaping the art market, as reported from Art Basel; the Independent art fair will relocate to Pier 36 in New York in 2026; Riga Contemporary, a new fair, launches in Latvia; and the inaugural Arrival art fair took place in North Adams, Massachusetts. In auctions, seven never-before-seen Picasso ceramic plates sold in Geneva for nearly double their estimate, while a Giacometti sculpture made the top 10 sales list. Galleries news includes Nara Roesler now representing Asuka Anastasia Ogawa, a new gallery called Open Studio opening in New York, and Andrew Edlin Gallery relocating. In museums, a government watchdog found the Trump Administration broke the law by withholding funding for the Institute of Museum and Library Services, and UC Irvine and the Orange County Museum of Art plan to merge. A legal battle over an El Greco painting withdrawn from Christie's auction is advancing, with the owner revealed as Russian billionaire Dmitry Rybolovlev.

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young collector habits

Maurice Mielcarek, a 43-year-old Zurich-based collector, exemplifies a new generation of younger art buyers who prioritize lasting engagement over speculation. At Zurich Art Weekend, he introduced friends to New York artist Travis Boyer, whose velvet paintings Mielcarek has collected for two years. This cohort, mostly in their 30s and 40s, takes a slower, research-driven approach to collecting, often building relationships with artists and galleries before purchasing. They focus on discovery, conceptual works, and supporting artists' visions beyond mere acquisition.