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paint drippings art industry news jan 19 2738212

This week's art industry roundup covers a flurry of developments across art fairs, auction houses, galleries, and museums. A new boutique fair called Enzo will launch alongside Frieze Los Angeles in an Echo Park warehouse with 10 New York galleries, while Felix Los Angeles returns to the Hollywood Roosevelt Hotel with 50 exhibitors. Art Cologne's revived Palma Mallorca fair announces 88 exhibitors for its April debut. At auction, Christie's London will offer the Vanthournout collection of modernist and Surrealist works, including a Magritte painting estimated at $4.7 million, while Bonhams sells rare Oscar Wilde materials and three Bob Ross paintings. In gallery news, Roland Augustine steps down at Luhring Augustine, Lehmann Maupin opens a London space, and several galleries announce new artist representations. Museums see leadership changes at the Park Avenue Armory and Wrightwood 659, and the Rijksmuseum plans a new sculpture garden.

7 Discoveries from Los Angeles Satellite Art Fairs

The 2026 edition of Frieze Los Angeles was accompanied by a vibrant circuit of satellite fairs, including the eighth edition of Felix Art Fair at the Hollywood Roosevelt Hotel, the second iteration of Post-Fair in Santa Monica, and the debut of ENZO, a boutique fair in Echo Park. These alternative venues provided a platform for approximately 100 international galleries to showcase emerging and established talent in unconventional settings ranging from hotel cabanas to Art Deco post offices and industrial warehouses.

All the Art You Need to See During L.A. Art Week 2026

L.A. Art Week 2026 is anchored by the return of Frieze Los Angeles at the Santa Monica Airport, featuring approximately 100 international galleries and the curated Frieze Projects. The week serves as a precursor to a landmark season for the city, which includes the upcoming opening of LACMA’s David Geffen Galleries and the debut of Lauren Halsey’s major sculpture park in South Central. Satellite fairs like Felix Art Fair at the Hollywood Roosevelt Hotel and the artist-centric Post-Fair continue to expand the week's geographical and conceptual footprint.

Overdue payments to artists, landlords and workers at a popular gallery reflect pressures squeezing the dealer sector

The Hole, a prominent gallery with locations in New York and Los Angeles, is facing significant financial distress characterized by shuttered spaces and mounting legal disputes. Following a period of rapid expansion fueled by the 2021–2023 art market boom, the gallery has permanently closed its West Hollywood location and is currently facing multiple lawsuits from Manhattan landlords alleging over $180,000 in unpaid rent and taxes. Founder Kathy Grayson attributes the crisis to a sharp decline in sales starting in late 2023, which has left the gallery struggling to pay artists, staff, and creditors.

frieze los angeles satellite fairs report 1234775094

The Felix Art Fair kicked off LA Art Week at the Hollywood Roosevelt Hotel, drawing significant crowds despite logistical hurdles. While long lines for elevators slowed the initial flow of visitors to the upper floors, exhibitors reported steady interest and early sales. New York-based dealers faced particular challenges arriving for the opening due to a major Nor’easter that disrupted flights across the East Coast, forcing many to finalize their booths just hours before the VIP preview.

5 Artists We Discovered at Felix Art Fair 2026

The eighth edition of the Felix Art Fair returned to the Hollywood Roosevelt Hotel in February 2026, featuring 57 galleries with a significant emphasis on Los Angeles-based talent. The fair maintained its signature intimate atmosphere, utilizing hotel rooms, cabanas, and the iconic David Hockney-designed pool area to showcase a diverse range of contemporary works. This year's iteration saw a high influx of new participants, with over 20 galleries making their debut at the event.

Felix Art Fair brings good vibes—and healthy sales

The Felix Art Fair returned to the Hollywood Roosevelt hotel in Los Angeles, maintaining its reputation for a relaxed, community-focused atmosphere. Gallerists utilized the hotel's cabana suites and upper floors to showcase a diverse range of works, with a notable emphasis on artists blending craft, design, and fine art. The fair's unique hotel-based model continues to attract both returning participants and twenty first-time exhibitors who appreciate the lower overhead costs compared to larger fairs like Frieze.

felix la art fair 2026 exhibitor list 1234769909

Felix LA has announced the 57 exhibitors for its eighth edition, taking place February 26 to March 1, 2026, at the Hollywood Roosevelt Hotel, with a VIP preview on February 25. The fair includes a mix of established galleries such as Corbett vs. Dempsey, Luis De Jesus Los Angeles, and Yossi Milo, alongside emerging spaces like ATLA, One Trick Pony, and Plato. Over 20 galleries are participating for the first time, including New York Life Gallery, Feia, and Som Gallery, with international participants from Kyoto, Toronto, Milan, Busan, and Buenos Aires.