stop making sense 2025 art market analysis 1234767291

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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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.

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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.

One of Van Gogh’s greatest watercolours could achieve a record price

Sotheby's New York will auction Vincent van Gogh's watercolor *The Harvest in Provence* (June 1888) on May 19, with an estimate of $25–35 million. The work, larger and more elaborate than a related watercolor at Harvard, was created just days before van Gogh's celebrated oil painting of the same scene. It is signed and titled, suggesting the artist considered it a finished piece rather than a mere study, and he sent it to his brother Theo before completing the oil version.

Rare early photographs reveal lost sites featured in Van Gogh’s paintings

Two rare photographic albums taken by art critic Gustave Coquiot in 1922 have been acquired by the newly established Van Gogh Academy in Auvers-sur-Oise, France, and are now on display. The images capture many of the sites in Arles that Vincent van Gogh painted in the late 1880s, including the Yellow House, the Langlois Bridge, and the Rhône riverbank. Several of these locations were later destroyed during World War II or by modernization, making Coquiot's photographs valuable historical records of Van Gogh's original subjects.

A Dutch museum has just put its fake Van Gogh on show

The Kröller-Müller Museum in Otterlo has broken traditional museum protocol by placing a known forgery, "Seascape at Saintes-Maries-de-la-Mer," on public display. Acquired in 1928 by museum founder Helene Kröller-Müller from the notorious Berlin dealer Otto Wacker, the painting was eventually exposed as a fake created by Wacker’s brother, Leonhard. The exhibition, which runs until June 21, coincides with a new podcast detailing the history of the acquisition and the subsequent fraud trial that rocked the art world in the 1930s.

Chicago’s Obama Presidential Center has art at its core

The Obama Presidential Center is set to open on Chicago’s South Side on June 19, 2026. The $850m institution, designed by Tod Williams Billie Tsien Architects, features more than 25 site-specific contemporary art commissions integrated into its architecture and 19.3-acre campus. Ahead of the opening, the museum has partnered with Expo Chicago to preview these works, which include monumental contributions from artists such as Julie Mehretu, Mark Bradford, and Nick Cave.

The story behind Iran’s only Van Gogh: ‘At Eternity’s Gate'

A rare, inscribed lithograph by Vincent van Gogh, 'At Eternity's Gate,' resides in the collection of the Tehran Museum of Contemporary Art. The work, one of only seven surviving examples, was acquired in 1975 by Farah Pahlavi, the wife of the Shah of Iran, for the museum. It passed through notable hands, including those of US Vice President Nelson Rockefeller, before arriving in Tehran just before the 1979 Iranian Revolution.

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Artnet News lists 10 immersive installation artworks that are creepy enough to double as haunted houses for Halloween. Featured works include Alex Da Corte's "Die Hexe" (2015) at Luxembourg & Dayan, which transformed a townhouse into a ghostly dollhouse with a morgue; Mike Kelley's "Exploded Fortress of Solitude" (2011) at Hauser & Wirth, a sculptural interpretation of Superman's lair; Jonah Freeman and Justin Lowe's "Scenario in the Shade" at Red Bull Studios, a dystopian arts festival installation; Tobias Rehberger's "Bar Oppenheimer" (2013) at Hotel Americano, featuring disorienting dazzle camouflage patterns; and Puppies Puppies' "Gollum" at Queer Thoughts, where an actor in a Gollum mask performs live.

what to see milan best museums galleries 2026 winter olympics 1234772408

The 2026 Winter Olympics are set to begin in Milan, Italy, with an opening ceremony featuring Mariah Carey at San Siro Stadium. While most events take place across northern Italy, the article provides a guide to Milan's top museums and galleries for art-loving visitors during the three-week games. Highlights include exhibitions at Fondazione Prada (with works by Mona Hatoum and Hito Steyerl), Pirelli HangarBicocca (Nan Goldin's "This Will Not End Well" and Benni Bosetto's "Rebecca"), Pinacoteca di Brera (Italian masterpieces plus Giorgio Armani garments), and Museo del Novecento (sports-themed posters by Armando Testa). Several commercial galleries also feature solo shows by artists such as Emily Sunblad, Claudia Losi, and Jonathan Lyndon Chase.

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The second edition of the Aspen Art Fair returns to the historic Hotel Jerome from July 29 to August 2, marking the launch of Aspen Art Week. The fair has more than doubled its exhibitor count from 21 to 44 galleries across 15 countries, including newcomers like Sean Kelly and Marianne Boesky, alongside international participants such as Praise Shadows, Anat Ebgi, the Sunday Painter, La Loma Projects, and 193 Gallery. Programming includes talks with artists Mickalene Thomas and Issy Wood, curated home tours, and a site-specific exhibition inspired by *A Room of One’s Own*. Cofounders Becca Hoffman and Bob Chase emphasize the fair's intimate, un-boothlike atmosphere, with in-room installations transforming guest suites into salon-style exhibitions.

Inside Sunpride Foundation’s Mission to Champion LGBTQ+ Art Across Asia

Patrick Sun founded the Sunpride Foundation in 2014 to support LGBTQ+ communities through art, combining his passion for contemporary queer Asian art with philanthropy. The foundation's flagship "Spectrosynthesis" exhibition series has been staged at major institutions across Asia, including the Museum of Contemporary Art, Taipei, and the Bangkok Art and Culture Centre. The latest iteration, "Spectrosynthesis Seoul," opened at Seoul's Art Sonje Center and runs through June 28, 2026. Sun, a Hong Kong-born real estate developer and longtime art collector, built the foundation's collection with a focus on works suitable for museum exhibitions about queer identity.

The Defining Themes of Today’s Biennial Art

The article analyzes the defining themes and styles of the past four years in the international biennial circuit, based on a survey of 130 biennials. It identifies a core group of artists who appeared most frequently, including Ali Eyal, Apichatpong Weerasethakul, Carolina Caycedo, Kapwani Kiwanga, and Tuan Andrew Nguyen, among others. Many of these artists are also featured in the upcoming 61st Venice Biennale curated by the late Koyo Kouoh. The piece categorizes their work under two broad themes: "Post-Colonial Post-Conceptualism," which involves poetic engagement with colonial history and artifacts, and "Families and Networks," where artists explore personal and political family histories.

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The article reviews the Independent art fair, highlighting its curated approach that results in a visually cohesive and easeful experience compared to other fairs. It notes the prevalence of neo-bucolic landscapes and animal paintings by artists like Sameen Agha, Tim Braden, and Lisa Sanditz, as well as delicate abstractions and small ceramic works. Standout pieces include Pope.L's provocative paint-scribbled underwear at Mitchell-Innes and Nash, Rosa Barba's kinetic painting at Vistamare, Ibrahim El-Salahi's silkscreen painting at Vigo Gallery, and works by emerging artists such as Constanza Camila Kramer Garfias and Ada Friedman at Kendra Jayne Patrick Gallery.

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Glenn Lowry is stepping down as director of MoMA after nearly 30 years, a tenure that began with skepticism due to his background in Islamic art and leadership of the Art Gallery of Ontario. Under his guidance, MoMA underwent two major expansions, grew its collection to over 200,000 works, opened the PS1 satellite space, and now attracts nearly 2.7 million annual visitors. Lowry navigated the museum through crises including 9/11, the 2008 financial crisis, Covid, and the 2021 protests that led to board chair Leon Black's resignation. Elsewhere, art dealer Michael Reid warns that AI will initially cut gallery jobs before boosting productivity, and the University of Applied Arts Vienna has accepted Flynn, an AI art student, into its Fine Arts program.

Nicholas Pope, sculptor whose career came in two acts, 1949–2026

Nicholas Pope, a British sculptor known for his organic, post-minimalist works, has died at age 76. His career unfolded in two distinct acts: an early phase in the 1970s producing roughly-hewn wooden columns like *Oak Tree Column* (1973) and *Drooping Column* (1975), which earned him a spot in the British Pavilion at the 1980 Venice Biennale, followed by a decades-long hiatus after contracting viral encephalitis in Tanzania. He later returned to sculpture with brighter, brasher works in ceramic, glass, and felt, including *The Apostles Speaking in Tongues Lit By Their Own Lamps* (1993–96) and collaborations like *The Conundrum of the Chalices of the Seven Deadly Sins and Seven Virtues* (2015) with James Maskrey.

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David Hockney will create a monumental 22-by-32-foot window installation for the Sunley Gallery at Turner Contemporary in Margate, UK. The work, based on a 2020 iPad painting of a Normandy sunrise, will be illuminated at night and is scheduled to be on view from April 1 to November 1 as part of the gallery's 15th-anniversary celebrations.

The Palaces of Memory

The Palaces of Memory

The article reports that Israeli and US airstrikes on Isfahan, Iran, damaged several centuries-old palaces and cultural buildings. It draws a parallel to the destruction of cultural heritage in Gaza, suggesting this may be a targeted strategy to erase cultural identity and history, which are seen as threats to occupying forces.

Guadalupe Rosales Brings East LA to Venice for the Biennale

Guadalupe Rosales, a Los Angeles–based artist known for her Instagram archive @veteranas_and_rucas documenting 1990s Chicana life, has been selected to participate in the main exhibition of the 2026 Venice Biennale, curated by the late Koyo Kouoh. In an interview with ARTnews, Rosales discusses how her invitation came about after Kouoh's passing, her evolving practice that includes photography, murals, and installations, and the emotional depth of her archival work—balancing joy and grief, as exemplified by her cousin's death certificate. She will also publish a memoir titled *East of the River* in September.

15 of the Most Anticipated Museum Exhibitions Around the World in 2026

Major museums worldwide have announced their flagship exhibitions for 2026, featuring a diverse array of artists and historical periods. Highlights include a Frida Kahlo retrospective at the Museum of Fine Arts, Houston, exploring her rise to icon status; a survey of Ovid's influence on art from Caravaggio to Louise Bourgeois at Amsterdam's Rijksmuseum; a centennial exhibition for Mary Cassatt at the National Gallery of Art; and the largest career survey to date for Tracey Emin at Tate Modern. Other key shows feature Carol Bove at the Guggenheim Museum, Korean national treasures at the Art Institute of Chicago, and exhibitions at the Whitney Museum, the Museum of Modern Art, and the Louvre.

Huge Paris exhibition reveals David Hockney’s love of Van Gogh

A major exhibition at the Fondation Louis Vuitton in Paris, titled "David Hockney 25," showcases 400 works by the British artist, with a focus on the past 25 years of his career. The show highlights Hockney’s deep admiration for Vincent van Gogh, featuring a section called "The Great Wall" that includes 29 Van Gogh reproductions alongside works by other artists. Key pieces on display include Hockney’s portrait of his partner Jean-Pierre Gonçalves de Lima, inspired by Van Gogh’s "Sorrowing Old Man," and iPad drawings echoing Van Gogh’s sunflower still lifes. The exhibition runs until 31 August.

DACA Artist Uses Thread to Weave Immigration Stories

Arleene Correa Valencia, a DACA recipient and Bay Area artist, presents her debut solo exhibition "CÓDICE •• SOBREVIVIENDO A LA PERSECUCIÓN" at Fridman Gallery in Manhattan, on view through May 2. The show features large-scale acrylic and textile works on amate bark paper, including a 16-foot-long piece depicting border-crossing narratives. Valencia collaborates with her father, mother-in-law, and papermaker Jose Daniel Santos de la Puerta, and incorporates childhood letters that poignantly reflect family separation and undocumented life.

Why Filmmaker Ming Wong Is the Ultimate Shape-Shifter

Berlin-based Singaporean artist Ming Wong premiered a new film, *Dance of the Sun on the Water | Saltatio Solis in Aqua*, at London's National Gallery. The work, created during a residency, reimagines Saint Sebastian as a queer, shape-shifting figure, with Asian performers of multiple genders enacting the martyrdom amidst the museum's collection of historical paintings of the saint.

doug aitken first exhibition in india nita mukesh ambani cultural centre 1234760355

Multimedia artist Doug Aitken will present his first exhibition in India, titled “Under the Sun,” opening December 6 at the Nita Mukesh Ambani Cultural Centre (NMACC) in Mumbai. The site-specific show, commissioned by NMACC and curated by Roya Sachs and Mafalda Kahane of TRIADIC, spans three floors exploring past, present, and future through hand-carved wooden sculptures, embroidered textiles, a light installation, and Aitken’s film NEW ERA (2018), created in collaboration with over a dozen Indian artisans.

pope leo first general address van gogh sower at sunset 1234743440

Pope Leo XIV, in his first general address, referenced Vincent van Gogh's 1888 painting *The Sower at Sunset* as a metaphor for faith and divine guidance. He noted that behind the sower, van Gogh painted the grain already ripe, interpreting the sun as the central figure of the biblical parable. The address highlighted the Pope's engagement with art as a means of spiritual reflection.

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The Sunday Times's 2025 'Rich List' shows that Top 200 collector and art patron Leonard Blavatnik's net worth fell by more than £3.5 billion to £25.725 billion, dropping him to #3 on the UK wealth ranking. The list includes over a dozen collectors from ARTnews's 2024 Top 200 Collectors list, such as James Dyson, Idan Ofer, Viatcheslav Moshe Kantor, Alan Howard, and Mohammed Mahdi al-Tajir, with Ofer noted as one of the top five individuals whose wealth rose most. Other figures mentioned include Simon Reuben, John Fredriksen, Sri Prakash Lohia, Lakshmi Mittal, Elton John, and former Christie's stakeholder Joe Lewis.

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Teresa Iarocci Mavica, former director of the Moscow-based V-A-C Foundation, which she co-founded with Russian billionaire Leonid Mikhelson, has resurfaced after three years of silence. She resigned from V-A-C in November 2021, just before the opening of GES-2 House of Culture, Russia's largest contemporary art museum, and left Russia shortly after the full-scale invasion of Ukraine. Now based in Naples, she has curated "The Sun to Come" at Made in Cloister, launching her biennial program "REBIRTH." The exhibition includes three Russian artists, reflecting her continued commitment to cultural dialogue between Russia and Europe despite the war.

art frieze los angeles 2026 gallery shows

Cultured magazine has published a guide to the best off-site gallery shows during Frieze Los Angeles 2026, organized by neighborhood. The article highlights six exhibitions: Rodney McMillian's "Some lives in the sunshine" at Vielmetter, Emma McIntyre's "Aragonite and conchiolin" at Château Shatto, Cayetano Ferrer's "Object Prosthetics" at Commonwealth and Council, Vicky Colombet's "Eutierria" at Fernberger, Kye Christensen-Knowles's "ALL & ALL" at Gaylord Fine Arts, and Christina Quarles's "The Ground Glows Back" at Hauser & Wirth. Each entry includes details on dates, key artworks, and curatorial context.

art criticism new york upper east side guide

The article presents a walking tour of art exhibitions on Manhattan's Upper East Side, led by a critic. It highlights Jeffrey Gibson's monumental bronze sculptures "The Animal That Therefore I Am" (2025) installed on the Metropolitan Museum of Art's façade, depicting four anthropomorphized Hudson Valley animals. The tour also covers Alix Cléo Roubaud's first solo show outside France, "Correction of perspective in my bedroom" at Galerie Buchholz, featuring intimate black-and-white photographs from 1979–1983, and Nancy Holt's work at Sprüth Magers, including a historic photograph of her in the Sun Tunnels.

cultured young dealers list art gallerists

Cultured magazine has published its first Young Dealers List, highlighting 23 galleries under five years old that are revitalizing the art world. The list was compiled from over 100 recommendations gathered from more than 40 collectors, advisors, and curators. The article profiles one of the selected gallerists, Adora Mba, founder of ADA Contemporary Art Gallery in Accra, Ghana, who opened her space in 2020 after working as a cultural news producer. Mba emphasizes supporting emerging African artists and has dedicated her 2025 program to women artists and curators.