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.

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The article analyzes the chaotic and contradictory state of the global art market in 2025, a year marked by extreme volatility following President Donald Trump's return to office. Key events include strong sales at Frieze Los Angeles in February, a record $13.8 million sale of a painting by M.F. Husain at Christie's, and a sharp downturn after Trump imposed sweeping tariffs on major trading partners. Major auctions in May fell far short of expectations, with only $837.5 million hammered against estimates of up to $1.6 billion. Meanwhile, Art Basel expanded with a new Qatar fair, but sales at Art Basel Switzerland dropped over 35% from 2024. The year also saw a wave of gallery closures, including the sunsetting of Blum & Poe.

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Phillips New York's modern and contemporary evening sale on Tuesday night generated $52 million, a 40 percent drop from the $86 million achieved in the same sale last year. The auction exactly met its pre-sale estimate, but five lots failed to sell and four were withdrawn. Despite the overall downturn, five new records were set for women artists, including Kiki Kogelnik, Ilana Savdie, Olga de Amaral, and Grace Hartigan. The top lot was Jean-Michel Basquiat's *Untitled* (1984) at $6.6 million, followed by works by Ed Ruscha and Donald Judd. Bidding was active for several works, with many going to US buyers, and a painting by Yu Nishimura, newly represented by David Zwirner, sold for more than double its estimate.

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Philipp Kaiser is leaving Marian Goodman Gallery after more than six years, with his last day on May 2. He will remain as a curatorial consultant as needed. The gallery cited the recent Los Angeles wildfires as a factor in his decision to return to independent curatorial practice. Kaiser joined in 2019, a surprising move given his museum background, and became president and partner in 2021 when founder Marian Goodman stepped back. During his tenure, the gallery opened new spaces in New York and Los Angeles, but also lost major artists Gerhard Richter, Nan Goldin, and William Kentridge to rival galleries.

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.

marian goodman titanic dealer of contemporary art dies at 97 2739431

Marian Goodman, the revered contemporary art dealer who built one of the most influential galleries of the past half-century, died in Los Angeles on Thursday at age 97. Goodman launched Marian Goodman Gallery in New York in 1977 after 15 years running an editions business, and over six decades she championed a roster of challenging artists including Gerhard Richter, John Baldessari, Julie Mehretu, Tacita Dean, and Pierre Huyghe. Her gallery operated on West 57th Street in Manhattan with branches in London and Paris, and she was awarded the Commandeur of the Ordre des Arts et des Lettres and the Légion of Honor by France.

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Yukako Yamashita will step down as director of Art Collaboration Kyoto (ACK) after leading the fair since 2022. The four-day event, which concluded at the Kyoto International Conference Center, featured 72 galleries from 19 countries and regions, with 29 Japan-based galleries hosting 30 international galleries in shared booths—its largest edition yet. Highlights included Annely Juda Fine Art's sale of three David Hockney works and Kurimanzutto selling 75 percent of its solo booth with artist WangShui. The fair also launched the Bangkok Collaborate Kyoto Fellowship, awarding WangShui and Takuro Tamayama a residency in Bangkok. ACK will return November 6–9, 2025.

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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.

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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.

Marian Goodman’s Prized $65 Million Collection Lands at Christie’s

Christie’s has announced the sale of the private collection of the late legendary art dealer Marian Goodman, who passed away in January at age 97. Estimated to bring in approximately $65 million, the collection is headlined by a group of significant works by Gerhard Richter, an artist Goodman championed for four decades. The centerpiece of the auction is Richter’s 1982 painting "Kerze (Candle)," which carries a high estimate of $50 million and will lead a series of dedicated sales in New York this May.

can slimmed down expo chicago still throw weight around 1234779786

The 15th edition of Expo Chicago, scheduled for April 9–12, marks a significant transition as the fair's first outing under new director Kate Sierzputowski and its third since being acquired by Frieze. The upcoming edition features a streamlined roster of approximately 130 galleries, a 25 percent decrease from previous years. While blue-chip giants like Gagosian and Zwirner are absent, the fair maintains a strong lineup including Karma, Michael Rosenfeld Gallery, and local mainstays like Monique Meloche, complemented by satellite events and a high-profile benefit directed by Maurizio Cattelan.

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Israeli artist Doron Langberg is launching his first New York exhibition in seven years at Jeffrey Deitch’s Tribeca gallery, marking a significant shift in his practice. Known primarily for "New Queer Intimism" and domestic portraits, Langberg’s new body of work pivots toward monumental landscapes that grapple with his Jewish identity and the destruction in Gaza. The exhibition features works inspired by his family’s Holocaust history in Ukraine, used as a lens to process current geopolitical violence.

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Art Basel Paris is undergoing a major transformation for its third edition, officially rebranding from 'Paris+ par Art Basel' and moving into the newly renovated Grand Palais. The historic venue, fresh from a $500 million restoration, allows the fair to expand its footprint by 26 percent, hosting 194 galleries compared to last year's 154. The move includes the opening of the ornate balconies for emerging galleries and a new sector called Premise, signaling the fair's transition from a successful 'preamble' to a permanent fixture in the French capital.

The Business of KAWS: What Data and a Museum Show Reveal About His Market

The San Francisco Museum of Modern Art (SFMOMA) is currently hosting a major survey of KAWS, marking the final stop of a three-city tour that highlights the artist's unique blend of commercial savvy and institutional ambition. The exhibition features a range of works from diamond-encrusted sculptures for Kid Cudi to a 'genius' membership drive that sold 1,000 KAWS-branded museum memberships at $300 each. Despite a significant cooling in his auction results—dropping from a 2019 peak of $112.9 million to just $7.72 million last year—the artist continues to draw massive crowds, particularly among younger demographics.

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.

forget blue chip art its a red chip art world now 2607301

The article introduces and defines the concept of "red-chip art," a new category of art collecting that rejects traditional art-historical reverence in favor of aesthetics rooted in street art, graffiti, super-flat cartoons, multi-colored chrome, and crypto culture. It describes red-chip collectors as mysteriously affluent millennials, techies, hip-hop visionaries, and crypto aspirants who gravitate toward artworks that resemble toys, limited-edition dolls, NFTs, and memecoins, often consumed at venues like the Eden Fine Art gallery at the Wynn in Las Vegas or parties during Art Basel Miami Beach. Key artists associated with this movement include KAWS, George Condo, Virgil Abloh, Tom Sachs, Alex Israel, Damien Hirst, Harmony Korine, Yoshitomo Nara, and Banksy, with Jeff Koons and Takashi Murakami seen as transitional "purple chip" figures.

Defiant women and daring paintings: Emin, Webster and Wylie create a buzz in the UK's exhibition calendar

The UK art scene is currently dominated by major survey exhibitions from three prominent female artists: Rose Wylie, Tracey Emin, and Sue Webster. Rose Wylie, at 92, makes history as the first woman painter to occupy the Royal Academy’s main galleries, while Tracey Emin presents a raw, thematic survey at Tate Modern reflecting on her life before and after cancer. Simultaneously, Sue Webster marks her institutional solo debut at Firstsite, showcasing a transition from her famous collaborative practice to deeply personal oil painting.

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Rana Begum’s solo exhibition, "Reflection," is currently on view at the Gallery at Windsor in Vero Beach, Florida, following its debut at the SCAD Museum of Art. The exhibition showcases Begum’s signature style, which utilizes industrial materials like metal bars and reflectors to create elegant abstractions influenced by American Minimalism and Islamic architecture. The show traces her journey from a young immigrant in the UK to a Royal Academician, highlighting her ability to manipulate light and color through geometric forms.

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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.

Frank Stella’s Personal Collection of Navajo Textiles Goes on View for the First Time

A selection of Navajo textiles from the personal collection of minimalist artist Frank Stella is being exhibited and sold for the first time. The 55 textiles, dating from the late 19th and early 20th centuries, will be on view at Arader Galleries in New York from May 15 to June 10, then travel to Peter Pap Rugs in New Hampshire in June. Priced between $6,500 and $25,000, the collection includes a large 19th-century blanket that Stella lent to a seminal 1972 exhibition at LACMA. Stella began collecting these works in the mid-1960s after being introduced to Navajo art by Donald Judd and Tony Berlant.

Duchamp in New York

The Museum of Modern Art (MoMA) has launched a major solo exhibition dedicated to Marcel Duchamp, marking the artist's first comprehensive survey in New York City in over 50 years. The exhibition explores Duchamp’s revolutionary impact on modern art, featuring iconic works and archival materials that trace his history from the 1913 Armory Show to his later years in New York. The opening is complemented by a broader "Duchamp spring" in the city, including a forthcoming exhibition of his readymades at Gagosian.

tilton gallery to close after over 40 years and more art industry news 2694129

Tilton Gallery, a fixture of New York’s Upper East Side for over 40 years, has announced it will close its physical space following an upcoming Ruth Vollmer exhibition to focus on private projects. The week also saw significant leadership shifts, including Lisa Phillips announcing her retirement as director of the New Museum after 26 years, and Ebony L. Haynes being promoted to the newly created role of global head of curatorial projects at David Zwirner. Meanwhile, legal tensions surfaced as a court dismissed Ronald Perelman’s $400 million insurance lawsuit regarding fire damage to his art collection.

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The commercial market for performance art is undergoing a significant shift in value and sophistication. While performance has been sellable for decades through archival editions and documentation—a model pioneered by figures like Marina Abramović and dealer Sean Kelly—newer methods include oral contracts for 'live' works and high-stakes secondary market sales. Recent examples, such as Hauser & Wirth offering a Felix Gonzalez-Torres performance piece with an eight-figure price tag, signal that the medium is moving from a niche interest into a high-value asset class.

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Artist Christian Marclay is interviewed at Berlin's Neue Nationalgalerie ahead of his exhibition "The Clock," a 24-hour single-channel video installation that runs through January 25, 2026. The artwork is a meticulously edited collage of film clips, each showing a timepiece or time-related action, synchronized in real-time so that the film's time matches the viewer's actual time. Marclay discusses his long-standing interest in time, the project's origins in the early 2000s, and his process of deconstructing and linking found footage, emphasizing the crucial role of sound in smoothing transitions.

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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.

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Celine is partnering with the Centre Pompidou to offer free public access on four select days this summer, coinciding with Wolfgang Tillmans's major exhibition "Nothing Could Have Prepared Us – Everything Could Have Prepared Us." The initiative, "Accès Libre par Celine," launches June 13 and continues on July 3, August 28, and September 22. Tillmans's exhibition occupies the museum's entire second floor, typically home to the Bibliothèque publique d'information (Bpi), and runs through September 22. Rather than a chronological retrospective, the installation engages directly with the building's architecture, repurposing library furniture and redesigning partitions. The show follows Tillmans's traveling retrospective "To Look Without Fear" at MoMA in 2022 and a recent solo presentation at David Zwirner.

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Artist Oscar Yi Hou curated the group show "Deviations" at James Fuentes gallery in Tribeca, featuring 12 queer and trans artists including Juliana Huxtable, Martine Gutierrez, and Ser Serpas. The exhibition, on view through May 7, includes works by Yi Hou himself and explores themes of hybridity, queer intimacy, and the illusion of function through sculptures and paintings. Yi Hou, a 26-year-old breakout star on the gallery's roster, previously had a highly successful solo show "The Beat of Life" in November, with works acquired by institutions like the Brooklyn Museum.

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Agosto Machado, a seminal figure in the Downtown New York art scene and a veteran of the Stonewall uprising, has died following a brief illness. Known as a 'pre-Stonewall street queen,' Machado transitioned from a community activist and archivist to a recognized artist whose intricate altar sculptures are currently featured in the 2024 Whitney Biennial. His work, which utilizes found objects and ephemera to create shrines for queer icons and AIDS victims, serves as a vital act of 'ancestor worship' and historical preservation for a community often marginalized by mainstream institutions.

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Thaddaeus Ropac has announced global representation of the Martha Diamond Trust in collaboration with David Kordansky Gallery. The late New York painter, who passed away in 2023, is known for her expressive, gestural cityscapes of Manhattan that balance abstraction and figuration. The partnership aims to elevate Diamond’s international profile, beginning with her first European museum survey at the Sara Hildén Art Museum in Finland in 2026, followed by a solo exhibition at Ropac’s Paris gallery in 2027.

uk government slaps export ban on howard hodgkin work after bonhams sold it for a record 1 7 m 1234776717

The UK government has issued a temporary export ban on Howard Hodgkin’s painting "Mrs Acton in Delhi" (1967–71) following its record-breaking £1.7 million sale at Bonhams. The Department for Culture, Media, and Sport (DCMS) intervened after the buyer applied for an export license, triggering a deferral period that allows British museums or galleries until June 4 to match the auction price and keep the work within the country.