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frieze london 2025 big galleries report strong sales afternoon 1234757190

Frieze London 2025 opened with strong VIP preview sales, as major galleries reported brisk business by early afternoon. Thaddaeus Ropac sold a Robert Rauschenberg work for $850,000 and a Tony Cragg sculpture for $420,000, while Hauser & Wirth moved multiple pieces including a George Rouy for £275,000 and an Ellen Gallagher for $950,000. Gagosian sold a new Lauren Halsey sculpture before noon, and White Cube reported six sales. The fair's layout, which places mega-galleries at the back to encourage foot traffic to smaller booths, returned by popular demand.

frieze seoul 2025 sales report 1234750751

The fourth edition of Frieze Seoul opened with strong collector turnout and solid first-day sales, despite a turbulent global art market. High-profile attendees included MoMA PS1 director Connie Butler, Hawai‘i Triennial 2025 cocurator Wassan Al-Khudhairi, and Top 200 Collectors Lonti Ebers, Yassmin Ghandehari, and Qiao Zhibing, alongside K-pop stars Lisa (BLACKPINK), RM (BTS), and The8 and Vernon (Seventeen). Major sales included Hauser & Wirth’s $4.5 million sale of Mark Bradford’s triptych "Okay, then I apologize" (2025) and a George Condo painting for $1.2 million, while White Cube, Thaddaeus Ropac, Pace Gallery, and others reported significant transactions. International blue-chip galleries with Seoul spaces are doubling down, presenting top-tier shows of star artists like James Turrell, Antony Gormley, and Lee Bul, with Korea’s private museums also mounting blockbuster exhibitions.

morgan stanley intelligence report triumph contemporary 2109417

Morgan Stanley and Artnet have released an Intelligence Report analyzing the explosive growth of the ultra-contemporary art market—defined as work by artists born after 1974. Auction sales in this category surged 305% from 2019 to 2021, reaching $742.2 million last year, driven by strong demand in the U.S. and China. The report breaks down sales by region, price band, and leading artists, highlighting how galleries, fairs, museums, and collectors are capitalizing on this trend.

‘Of course I accepted!’ Angel Otero on Bad Bunny – and bringing some Puerto Rican flair to Somerset

Angel Otero, a Puerto Rican artist based in Somerset, discusses his emotional collaboration with musician Bad Bunny on the stage set "La Casita" for his 31-show residency in Puerto Rico. Otero's new solo exhibition at Hauser & Wirth Somerset features large-scale, semi-abstract paintings that draw from his childhood memories in Santurce, San Juan, including motifs like a pink vanity cabinet, birdcages, and a turbulent sea. His signature technique involves applying paint skins—dried sheets of oil paint on Perspex—to canvas, creating layered, sculptural surfaces. The show includes a diptych based on a photograph of Otero and his grandmother, marking his most figurative work to date.

A mind-bending Spaniard, an imagistic Puerto Rican and a lush Latvian – the week in art

This week's art roundup from The Guardian features a major exhibition on Spanish painter Francisco de Zurbarán at the National Gallery in London, described as a mind-bending and revelatory show with loans from the Prado and other top museums, positioning him alongside Goya and Picasso. Other highlights include Gilbert & George's tribute to their late homeless friend at their London centre, outdoor sculptures by Lynn Chadwick at Houghton Hall, thickly built-up paintings by Angel Otero at Hauser & Wirth Somerset, and abstract works by Latvian sculptor Daiga Grantina at Warwick Arts Centre. The article also covers a new Banksy statue in central London depicting a man marching with a flag, and a Masterpiece of the Week feature on Guido Reni's 'Saint Mary Magdalene'.

art how to start art collection advice

Cultured magazine profiles 10 art collectors, sharing the stories of their first acquisitions. The article features collectors such as Miami real estate developer Craig Robins, hotelier Steve Wilson, Allison Sarofim, Brandon John Harrington, James Frey, and Rodrigo Padilla, recounting how they began their collections—from a Dalí sketch and a Matisse drawing to an Andy Warhol portrait and a late-night Instagram purchase. Each narrative highlights the personal, often serendipitous moments that sparked a lifelong passion for art.

chicago depaul art museum closing 1234774646

DePaul University has announced the permanent closure of the DePaul Art Museum (DPAM) in Chicago, effective June 30. The decision comes as the private university faces severe financial strain, including a $27.4 million budget deficit that has already led to significant staff layoffs. While the university plans to convene discussions on how the museum's building and its 4,000-object collection might serve future academic needs, the institution as a public-facing museum will cease operations following its final exhibitions in March.

art collector advice beginner collecting

Cultured magazine asked several seasoned art collectors—Will Bennett, Laurent Asscher, Geoff Snack, Amélie du Chalard, Allison Sarofim, and Pamela Joyner with Fred Giuffrida—to share their most important advice for novice collectors. Their responses range from building relationships with dealers and scouring unexpected sources like eBay and street-side book boxes (Snack) to focusing on an artist's conceptual approach, technical mastery, and aesthetic result (du Chalard). Others emphasize training the eye through constant exposure, buying what you love rather than what is trendy, and developing a focused area of interest to guide acquisitions.

Rose Art Museum Holds First Benefit Gala in Over 20 Years

The Rose Art Museum at Brandeis University held its first benefit gala in over twenty years in New York City on May 12, 2025. The event honored Lizbeth Krupp, longtime Chair of the museum's Board of Advisors, and acclaimed artist Hugh Hayden, whose major survey "Hugh Hayden: Home Work" is currently on view at the museum. Co-chaired by Sara Friedlander and Abigail Ross Goodman, the gala raised over $900,000 toward a new $2 million Exhibition Endowment Fund, seeded by a lead gift from Krupp, to support future contemporary art exhibitions.

The Look Book Goes to Rashid Johnson’s Opening Night

Nearly a thousand people attended the opening night of Rashid Johnson's solo exhibition at the Guggenheim Museum in New York. The event, covered by the Look Book, featured a diverse crowd including artists, curators, writers, and collectors, with attendees sharing their impressions of the show and personal connections to the work. Notable figures present included artist Rashid Johnson, deputy director Naomi Beckwith, and writer Kevin Young, among many others.

parties art artwalk sheree hovsepian auction gala

The Artwalk NY gala and auction raised over $8 million on Tuesday, November 19, 2025, to support the Coalition for the Homeless. Presented by Max Mara, the event at the Grill and the Pool in the Seagram Building featured a live auction of artist-designed plates from the Artist Plate Project, along with works by Sheree Hovsepian and Ed Ruscha. Honorees included artist Sheree Hovsepian and Artist Plate Project Founder Michelle Hellman, with remarks from Coalition Executive Director Dave Giffen and a DJ set by AKU. The evening drew a crowd of artists, collectors, and philanthropists, including Rashid Johnson, Joel Mesler, Thelma Golden, and Don Lemon.