Art News. Vasari Codex

article news schedule Jul 28, 2025 visibility 15 link 13 artists, 1 gallery

art worlds lifestyle competition art detective 2671494

The article examines the seductive and often corrupting influence of extreme wealth in the art world, detailing how high-end dealers, advisors, and collectors indulge in lavish lifestyles involving private jets, couture, and exclusive parties. It highlights recent scandals, including the imprisonment of art dealer Inigo Philbrick and advisor Lisa Schiff for defrauding clients, and a new legal battle between prominent art advisors Barbara Guggenheim and Abigail Asher, who accuse each other of misappropriating millions to fund luxury expenses.

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trending_up market schedule May 19, 2025 visibility 19 link 23 artists

christies 21st century auction may 2025 marlene dumas 1234742219

Christie's 21st century evening sale on May 14, 2025, generated $96.4 million against a presale low estimate of $79.5 million, with 39 lots offered and a sell-through rate of 90% before withdrawals. The top lot was Jean-Michel Basquiat's 'Baby Boom' (1982), which sold for $23.4 million with fees, consigned by collector Peter M. Brant. Marlene Dumas's 'Miss January' (1997) achieved $13.6 million, setting a new record for the most expensive living female artist, surpassing Jenny Saville's previous record. Other notable sales included Simone Leigh's 'Sentinel' (2020) at $5.7 million, while works by Ellsworth Kelly and Felix Gonzalez-Torres failed to sell.

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trending_up market schedule Jul 22, 2025 source 2 sources visibility 11 link 8 artists, 3 galleries

art dealers association cancels 2025 edition of new york fair 2668781

The Art Dealers Association of America (ADAA) has canceled the 2025 edition of its annual New York art fair, The Art Show, which was scheduled to open at the Park Avenue Armory on October 28. The decision was communicated to members via email and confirmed by ADAA president Susan Sheehan, with the board citing a strategic pause to reimagine the fair for long-term sustainability. The fair has been a staple of the New York social calendar, with its VIP opening night serving as a fundraiser for the Henry Street Settlement, raising over $38 million for the nonprofit over three decades.

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trending_up market schedule Dec 2, 2025 visibility 16 link 12 artists

jeffrey deitch auction week 2716808

Art dealer Jeffrey Deitch shared his impressions of New York's $2.2 billion auction week, praising Sotheby's for its acquisition of the Breuer Building and the intimate atmosphere of its new salesroom. He highlighted the $527 million sale of Leonard A. Lauder's collection, the presence of major figures like Patrick Drahi, Larry Gagosian, and the Mugrabi clan, and lauded auctioneer Ollie Barker's skill. Deitch contrasted the experience with the old days of auction-going, noting the excitement and club-like feeling.

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article news schedule Jul 16, 2025 visibility 12 link 10 artists

prominent art advisory implodes after 37 years as ex partners fire off lawsuits 2667729

Art advisors Barbara Guggenheim and Abigail Asher, who ran the blue-chip advisory Guggenheim Asher Associates for 37 years, are now locked in a bitter legal dispute. Lawsuits filed in New York Supreme Court allege fraud, tax evasion, misappropriation of funds, abuse, and exploitation. Guggenheim claims Asher misappropriated over $20.5 million in revenue, while Asher counters with accusations of unethical behavior, including using sex and kickbacks to secure artworks and lying to collectors. The firm’s clients included celebrities like Steven Spielberg and Tom Cruise and corporations such as Sony and Coca-Cola.

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article news schedule Jul 18, 2025 visibility 11 link 2 artists

guggenheim asher legal brawl reactions 1234747784

A bitter legal battle has erupted between prominent art advisors Barbara Guggenheim and her former partner Abigail Asher, whose firm Guggenheim Asher Associates (GAA) has collapsed. Guggenheim accused Asher of misusing firm funds for personal expenses and claiming up to $20.5 million in future commissions. Asher countersued, alleging Guggenheim stole money for personal costs including her husband's funeral, bullied her, and encouraged her to build a relationship with convicted sex offender Jeffrey Epstein. The dispute has drawn widespread attention in the art world, with collector Sylvain Levy calling it a moment of reckoning for an industry built on trust and discretion.

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person people schedule Jan 9, 2026 visibility 7 link 5 artists

katya kazakina front page award 2735282

Artnet News senior reporter and columnist Katya Kazakina has won the Newswomen’s Club of New York’s 2025 Front Page Award for specialized reporting in arts and entertainment for the second consecutive year. The award recognizes her July story “Keeping Up With the Clients: The Art World Lifestyle Can Be Dangerously Alluring,” which investigated how dealers and advisors overextend themselves financially and legally to maintain social ties with wealthy patrons. The piece grew out of her earlier scoop on dueling lawsuits between ultra-high-end art advisors Barbara Guggenheim and Abigail Asher.

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article news schedule Jul 16, 2025 visibility 11 link 5 artists

barbara guggenheim abigail asher lawsuit 1234747531

Barbara Guggenheim Associates, Inc., a New York art advisory firm, is embroiled in legal conflict after founder Barbara Guggenheim and her longtime associate Abigail Asher filed dueling lawsuits in the Supreme Court of the State of New York. Guggenheim’s suit, filed in August but only recently reported by Artnet News, accuses Asher of diverting some $20.5 million in firm revenue for personal expenses, including rent, dinner bills, and home repairs, and alleges Asher wrongfully kept commissions from a Jean-Michel Basquiat artwork. Asher countersued, accusing Guggenheim of bullying, gaslighting, and using firm funds for personal costs like funeral expenses and luxury vehicles, while denying the financial misconduct claims. The lawsuits also involve the firm’s CPA, Robert Mandeltort, and Asher’s assistant, Jessica Lewis.

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trending_up market schedule Dec 2, 2025 visibility 11 link 1 artist

adaa cancels 2025 edition the art show 1234747717

The Art Dealers Association of America (ADAA) has canceled the 2025 edition of its flagship art fair, The Art Show, which was scheduled to open with a benefit preview on October 28 at the Park Avenue Armory. In an email to members, ADAA leadership cited a “strategic pause” and said the board made the decision after careful review, with plans to reimagine the fair for long-term sustainability. Exhibitors who submitted deposits will be contacted about reimbursement options, and the fair is expected to return in 2026 with a renewed vision.

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