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Reginald Madison, a self-taught painter and sculptor from the Black Arts Movement in Chicago, has joined Uffner & Liu gallery for representation. Paul Soto Gallery now represents John Sandroni, whose work is currently on view in New York. KSS Architects completed a new Learning and Engagement Center at the Newark Museum of Art. Meanwhile, at least eight blue-chip galleries have dropped out of Art Basel Miami Beach, and Karim Crippa has been appointed director of Art Basel Paris. Christie’s four auctions held concurrently with Art Basel Paris totaled $107.4 million, with Yves Klein’s "California (1KB 71)" selling for $21.3 million, a record for the artist in France.

kenny schachter art basel report 2659923

Kenny Schachter recounts his fraught journey from Newark to London for his curated Paul Thek exhibition at Thomas Dane Gallery and the 56th edition of Art Basel in Switzerland, describing a near-crash landing and widespread anxiety among U.S. attendees about returning home amid FAA cutbacks and immigration fears. He highlights Mary Lovelace O’Neal’s presence at Jenkins Johnson as his Basel highlight, dismisses panic over a single unsold Giacometti as overblown, and critiques art journalists for lacking real market experience, while sharing conversations with collectors Mera Rubell and Dakis Joannou.

almine rech closes london gallery 1234755425

Almine Rech is closing her London gallery in Mayfair after more than a decade, as reported by Melanie Gerlis in the Art Newspaper. The space, which opened in 2014 on Savile Row before moving to Grosvenor Hill, hosted exhibitions by artists including Javier Calleja, Chloe Wise, Jeff Koons, and Esther Mahlangu. Rech stated that London remains "important" to her and that she plans to open something in the city in the future, but offered no specifics. The London branch was put into liquidation, with Companies House filings indicating a £6.3 million deficit, though Rech said she owes no money to artists, workers, or suppliers and described the filing as a technical step to restructure a lease. Her gallery will continue operating its other eight locations across Paris, New York, Brussels, Shanghai, Monaco, and Gstaad.

Gallery Not Paying? Call Kenny Schachter’s Kollection Agency. He Gets Results!

Art world provocateur Kenny Schachter addresses the current climate of anxiety within the industry, touching on everything from the existential threats of advanced AI tools like Anthropic’s Mythos to the 'doomster' narratives of market analysts. Amidst reports of dwindling demand and galleries struggling with non-paying clients, Schachter highlights the enduring value of historical works, such as a 1799 Goya etching, while dismissing claims that screens are replacing physical art in the home.

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Delegitimation, Denunciation and Insecurity

"Delegitimation, Denunziation und Verunsicherung"

German cultural critic Georg Seeßlen warns in his taz column of a right-wing 'war of conquest' targeting liberal cultural institutions through systematic delegitimation, denunciation, and intimidation. Meanwhile, a new Berlin artist study reveals that the average annual income from artistic work is just €6,000, highlighting a structural dysfunction in the art system. Additionally, Jonathan Meese's play 'Alaska Kid' has been canceled at the Volksbühne Berlin following the death of his mother Brigitte Meese, who was his organizer, muse, and confidante.

Behind All Beautiful Things Lies Suffering

"Hinter allen schönen Dingen liegt ein Leiden"

The art market is undergoing a profound structural transformation as a new generation of collectors shifts focus away from traditional blue-chip masters like Cy Twombly and Mark Rothko. These 'NextGen' buyers, socialized through the internet and Instagram, prioritize identity-building over status, favoring streetwear, digital art by figures like Refik Anadol, and music memorabilia over classical painting. Meanwhile, institutional shifts are occurring globally: Greece has introduced specific legislation to criminalize the production of art forgeries, and LACMA director Michael Govan is defending the $724 million Peter Zumthor-designed expansion as a necessary 'magnet' for attracting major donations.

The Art Market Check by Melanie Gerlis

Art market specialist Melanie Gerlis has launched a new editorial series titled "The Art Market Check," produced in collaboration with Art Basel. The series features Gerlis, a prominent columnist for the Financial Times and editor-at-large for The Art Newspaper, providing expert analysis and commentary on various sectors of the global art trade throughout the annual calendar.