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paint drippings art industry news may 2 2639285

This week's art industry roundup covers major developments including the sale of Frieze to Hollywood powerbroker Ari Emanuel for $200 million, the opening of Frieze New York amid a cautious market, and the appointment of Alexander Rotter as global president of Christie's. Other highlights include the collapse of a record $32 million Gustav Klimt sale due to restitution issues, Phillips adding country-of-origin details to lot descriptions due to tariff confusion, and gallery moves such as Petzel now representing Tschabalala Self and Hauser & Wirth selling its Upper East Side townhouse for $10.5 million. The Mellon Foundation announced $15 million in emergency funds for state arts councils to offset cuts by the National Endowment for the Humanities.

andrew cuomo zohran mamdani mayoral campaign donations 1234747350

Former New York governor Andrew Cuomo relaunched his New York mayoral campaign as a third-party candidate on July 14, after losing the Democratic primary to Zohran Mamdani by 12 points on June 24. A recent ARTnews data analysis reveals that prominent art world figures have donated to both campaigns, with Cuomo receiving contributions from Christie's executives, Phillips and Sotheby's staff, Gagosian directors, art dealers, and museum leaders, while Mamdani drew support from foundation directors, museum curators, gallery directors, and numerous artists. The pro-Cuomo super PAC Fix the City received $5 million from billionaire Michael Bloomberg and $250,000 from Top 200 collector Daniel Loeb, while the pro-Mamdani super PAC raised about $1.4 million.

parties printed matter 50th anniversary

Printed Matter, the nonprofit artists' bookstore and publisher, celebrated its 50th anniversary with a gala at the High Line Hotel in New York. The event featured speeches honoring co-founder Pat Steir and artist Ed Ruscha, performances from the opera *Einstein on the Beach*, and a crowd of notable artists, museum directors, and gallerists including Joan Jonas, Glenn Ligon, MoMA Director Christophe Cherix, and Larry Gagosian. Founded in 1976 by Sol LeWitt, Pat Steir, and Lucy Lippard, Printed Matter has become a vital platform for artist books, operating a bookstore, exhibition space, and one of the world's largest book fairs.

zohran mamdani mayor new york city art world responds 1234760198

Zohran Mamdani won the New York City mayoral election, prompting a wave of reactions from the art world. Artists, curators, and critics expressed hope and joy, with figures like Siddartha Mitter calling it a "beacon of civic renewal," while others like Jerry Saltz offered cautious support. Artists such as Aria Dean, Martine Syms, and Salman Toor were involved in his campaign, and El Museo del Barrio was the only institution to officially endorse him. However, some voices, like the market-oriented account Jerry Gogosian, criticized his socialist policies as potentially harmful to the art market.