art world acronyms

The article provides a comprehensive guide to essential acronyms used in the art world, explaining what each abbreviation stands for and its significance. It covers organizations like AAM (American Alliance of Museums), AAMD (Association of Art Museum Directors), and ADAA (Art Dealers Association of America), as well as art fairs such as ABMB (Art Basel Miami Beach) and ARCO (Arte Contemporáneo in Madrid). It also includes advisories like AIG (Art Intelligence Global), historical galleries like AIR (Artists in Residence), and defunct fairs like FIAC (Foire Internationale d'Art Contemporain), offering context on their origins and current relevance.

sam gilliam foundation sued over disputed drape painting and more art industry news

The Sam Gilliam Foundation has been sued over a disputed Drape painting, while the Art Dealers Association of America announced it will not hold its annual New York fair, The Art Show, in 2025, citing a strategic pause. Christie's reported $2.1 billion in auction sales for the first half of 2025, matching last year's figure but down 22% from 2023, and a juvenile Ceratosaurus fossil sold for $30.5 million at Sotheby's. Galleries are seeing movement: Nicole Wittenberg joins Acquavella Galleries, Harper Levine plans a Bangkok space, and Felix Rödder will open Rodder on Manhattan's Upper East Side. Yale University Art Gallery withdrew federal grant applications over anti-DEI language, and the Smithsonian American Art Museum named Mary Savig curator-in-charge of the Renwick Gallery.

ADAA Art Show 2016 Review

adda art show 2016 review

The Art Dealers Association of America (ADAA) kicked off Armory Week with its 2016 edition of The Art Show at the Park Avenue Armory. The fair is characterized by a high concentration of solo-artist presentations, featuring a diverse range of works including Milton Avery's paintings, Jasmin Sian's intricate paper deli bags, and Deborah Butterfield's bronze horse sculptures. Notable highlights include Maria Elena González’s player piano rolls based on birch bark patterns and a strong showing of female artists like Gillian Wearing and Mary Bauermeister.

art market minute jan 26

The article reports on a growing trend in the art world called a 'strategic pause,' where galleries and art fairs are temporarily suspending operations to reassess their futures. Vienna's Spark Art Fair announced a hiatus, Berlin dealer Mehdi Choukri is pausing exhibitions at his 30-year-old gallery, and the Art Dealers Association of America's Art Show skipped a year to 'reimagine' its direction. Additionally, the Metropolitan Opera in New York is considering selling its iconic Marc Chagall murals, and a fresh-to-market Magritte painting is heading to Christie's London.

art basel miami beach 2025

Art Basel Miami Beach 2025 opened amid cautious optimism following the $2.2 billion New York auctions, with Google co-founder Sergey Brin and WhatsApp co-founder Jan Koum spotted in Miami. Dealers reported strong sales, including an $18.5 million Joan Mitchell painting at Gray purchased by dealer Lillian Heidenberg. The fair introduced a new digital art section, Zero 10, sponsored by OpenSea and curated by Eli Scheinman, aimed at attracting crypto-wealthy collectors and younger audiences. Meanwhile, Art Basel hired Elena Soboleva, formerly of David Zwirner, as global head of audience growth and intelligence to engage the next generation of collectors.

paint drippings art industry news dec 8

This week's art industry roundup covers major sales and developments across art fairs, auction houses, and galleries. At Art Basel Miami Beach, strong sales were reported, including an $18 million Warhol at Lévy Gorvy Dayan's booth, while NADA Miami featured around 140 exhibitors. The Art Dealers Association of America announced a new ADAA Fair at the Park Avenue Armory for November 2025, and Design Miami will expand to Dubai in 2027 with Alserkal. In auctions, Fabergé's 'Winter Egg' sold for $30.2 million at Christie's London, becoming the most expensive Fabergé egg ever auctioned, and Rembrandt's etching 'Arnout Tholinx, Inspector' set a world record for an Old Master print at $4.1 million. A rare 15th-century triptych also sold at Sotheby's for $7.6 million. Gallery news includes the formation of Pace Di Donna Schrader Galleries, Hauser and Wirth's acquisition of a Palermo palazzo, and several artist representation changes.

nada new york independent art fairs sales report

Two major New York art fairs—NADA New York and Independent—opened this week alongside Frieze and TEFAF, marking a crowded spring fair season. Despite a recent market downturn, both fairs reported strong attendance and early sales. NADA's executive director Heather Hubbs noted high-quality visitors and positive feedback on the new venue, while Independent founder Elizabeth Dee cited a 20% increase in opening-day attendance and robust buying from collectors and institutions. Sales ranged from lower-priced works under $50,000 to six-figure transactions, with galleries like Vielmetter Los Angeles, Andréhn-Schiptjenko, and Fleisher/Ollman Gallery reporting significant sales.

dog days art market

The article reports on a severe downturn in the art market during summer 2025, with gallery closures, declining auction sales, and widespread pessimism. Notable dealers Tim Blum and Adam Lindemann have shut their galleries, and a survey by France's Professional Committee of Art Galleries (CPGA) found 85% of respondents pessimistic about the sector's economic health, with turnover down 6% in 2024. The Art Dealers Association of America (ADAA) canceled its October Art Show in New York, and some dealers are considering small business loans to cover costs. Meanwhile, galleries like Goodman Gallery are embracing e-commerce to adapt.

8 Standout Artists from the 2026 Whitney Biennial

The 2026 Whitney Biennial has opened, featuring 71 artists and collectives, with eight emerging as immediate standouts. Among them are Jacolby Satterwhite, celebrated for his immersive digital worlds; Lotus L. Kang, whose site-specific installation incorporates decaying materials; and Jes Fan, who explores biology and identity through sculptural forms. Other notable artists include Tiona Nekkia McClodden with her ritualistic film work, the collective Indigenous Futures, and figurative painter Cynthia Daignault. Their works collectively address themes of technology, the body, memory, and ecology.

roland augustine luhring augustine gallery

Roland Augustine, cofounder of New York's Luhring Augustine gallery, is stepping down to focus on philanthropy. Cofounder Lawrence Luhring will continue leading the gallery alongside longtime directors Lauren Wittels and Donald Johnson Montenegro, who will become equity partners. Luhring bought out Augustine's share at the end of last year, and the gallery plans to restructure in 2026, potentially changing its name within three years.

matt bangser art intelligence amy cappellazzo

Matt Bangser, a longtime director at Blum gallery (formerly Blum & Poe), will join Art Intelligence Global (AIG) as senior director on September 8. Bangser spent 16 years at Blum overseeing global sales and securing major estates like Robert Colescott, and previously held senior posts at Van de Weghe Fine Art, Phillips, and Christie's. His move follows the closure of Blum's Los Angeles and Tokyo galleries last month, when founder Tim Blum announced he was leaving the traditional gallery model. AIG co-founder Amy Cappellazzo said Bangser's experience across galleries, auction houses, and artist studios made him a rare hire.

met museum sued again van gogh painting jewish heirs

The Metropolitan Museum of Art in New York is facing a new lawsuit over Vincent van Gogh's *Olive Picking* (1889), which it sold to a Greek collector in 1972. The suit, filed by heirs of Hedwig and Frederick Stern, alleges the painting was looted from the Sterns when they fled Nazi Germany and should never have entered the Met's collection. The Met bought the work in 1956 for $125,000 and later sold it to the Basil & Elise Goulandris Foundation in Athens, where it is now displayed. A previous 2022 lawsuit in California was dismissed on venue grounds; the heirs are now pursuing the case in New York federal court, arguing the painting was repeatedly trafficked through the city.

art dealers association cancels 2025 edition of new york fair

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.

nazi looted egon schiele art return

A Manhattan judge has blocked London-based art dealer Richard Nagy from selling or transporting two watercolors by Egon Schiele, which were on display at his booth during the Salon of Art + Design fair at the Park Avenue Armory. The works—Woman in a Black Pinafore and Woman Hiding Her Face—are claimed by the heirs of Fritz Grünbaum, a Jewish Holocaust victim and cabaret performer who died at Dachau. The heirs, Timothy Reif and David Fraenkel, filed suit in Manhattan Supreme Court, alleging the paintings were among 400 artworks surrendered to the Nazis by Grünbaum's wife. Nagy disputes the claim, arguing the works were sold legally by Grünbaum's sister-in-law in 1956 and that previous arbitration boards found no evidence of Nazi looting.

What Does a Booth Cost at a New York Art Fair?

Hyperallergic surveyed 13 New York art fairs about their booth pricing, revealing a wide range of costs from $3,500 at NADA Projects to over $105,000 for large booths at Frieze. The article details specific pricing tiers at Frieze ($31,977–$105,717), NADA ($3,500–$11,000), and Independent ($110 per square foot), noting that Frieze has kept 2025 prices for its 2026 edition and that NADA's costs have remained stable since 2022. The investigation also highlights the debut of the Sherman Family Foundation Acquisition Fund at Frieze and the partnership between Independent and the Henry Street Settlement.

3 key insights from the art business conference new york

The sixth edition of the Art Business Conference took place in Midtown Manhattan on May 22, drawing over 200 art professionals including gallery staff, auction-house specialists, and lawyers. Chaired by former Artnet executive editor Julia Halperin and founded by Louise Hamlin, the event featured keynotes and panels addressing the state of the art market, legal challenges, and the impact of tariffs. Christie’s CEO Bonnie Brennan reported a $700 million haul from recent auctions, noting a thin top end but strong activity for female Surrealists and Simone Leigh sculptures. Advisors Megan Fox Kelly and Alex Glauber described the market as 'recalibrating' rather than in crisis, with buyers showing increased selectivity.

The Storm Hits the Art Market

The article reports on the severe downturn in the art market during the first half of 2025, focusing on the closure of New York-based Clearing gallery. Despite opting out of Art Basel to host an alternative exhibition in a rented villa to cut costs, the gallery could not survive its financial losses and announced bankruptcy in August. It is one of several prominent galleries—including Blum, Venus Over Manhattan, and Kasmin—that have closed amid falling sales, high overheads, and reduced collector spending.

Tefaf New York: determination in the face of Trump’s tariff chaos

Tefaf New York returns to the Park Avenue Armory with 91 exhibitors from four continents, presenting 7,000 years of art amid uncertainty caused by President Donald Trump's recently announced tariff regime. The fair's director, Leanne Jagtiani, sent a letter to exhibitors acknowledging the "significant impacts" on the industry, assuring them of close communication with shippers and legal advisers, and advocating for the exclusion of artworks from potential EU reciprocal tariffs. While artworks are understood to be exempt, antiques and contemporary works in unconventional materials may be subject to the new tariffs, creating confusion among dealers and collectors.

art market minute dec 8

The article reports strong sales across Miami art fairs, particularly at Art Basel Miami Beach, where Beeple's "Regular Animals"—robotic dogs with hyper-realistic heads of billionaires—were a major attraction in the new digital art section Zero10. It also notes that three art-world heavyweights are launching a new gallery focused on secondary market sales, and that the Art Dealers Association of America is launching a new art fair after canceling its long-running Art Show.

adaa art fair

The Art Dealers Association of America (ADAA) has announced a new art fair, the ADAA Fair, set to take place at the Park Avenue Armory from November 12–16, 2026. This follows the cancellation of the 2025 edition of its long-running Art Show, prompted by the end of a partnership with the charity Henry Street Settlement, which had hosted the fair's VIP opening as a fundraiser. The ADAA plans to refocus on supporting visual arts and museums, with the ADAA Foundation continuing to provide grants to U.S. institutions.

In 2025, new ‘independent and nimble’ art fairs began redrawing the market map

In 2025, several established art fairs were cancelled or postponed, including the Art Dealers Association of America's Art Show in Manhattan, Taipei Dangdai, Photofairs Hong Kong, and the India Art Fair's Mumbai expo. Amid these retrenchments, a wave of smaller, alternative art fairs emerged in cities like New York, Paris, and the Berkshires, organized by gallerists and curators seeking new formulas focused on coalition, affordability, and intimacy. Examples include Esther in Manhattan (co-founded by Margot Samel and Olga Temnikova), the Arrival Art Fair in North Adams (co-founded by Yng-Ru Chen, Crystalle Lacouture, and Sarah Galender Meyer), 7 rue Froissart in Paris (organized by Sara Maria Salamone and Brigitte Mulholland), and Post-Fair in Santa Monica (founded by Chris Sharp).

David Klein Gallery opens new Ferndale headquarters with grand opening celebration

David Klein Gallery, a prominent contemporary art space in Michigan, is relocating to a new 3,000-square-foot headquarters at 678 Livernois Ave. in Ferndale. The move consolidates its previous Birmingham and Detroit operations into a renovated warehouse with natural lighting and dedicated parking. A grand opening celebration is scheduled for July 11-12, 2025, featuring an evening reception with wine and music, followed by an open house and artist talk. The inaugural exhibition will showcase new works by Ferndale-based artist Susan Goethel Campbell and Detroit-based ceramicist Ebitenyefa Baralaye, with both shows running through August 23.

Untitled Art reveals exhibitors for inaugural Houston fair

Untitled Art has announced the 84 exhibitors for its inaugural fair in Houston, set to take place September 18–21 at the George R. Brown Convention Center. Originally planned for around 50 participants, the fair expanded due to overwhelming interest from galleries worldwide. The event will feature a curated, boutique format and will donate a portion of ticket sales to the Rothko Chapel.

adaa bloomberg connects digital guide

The Art Dealers Association of America (ADAA) has launched a digital guide on Bloomberg Connects, a free arts and culture app developed by Bloomberg Philanthropies. The guide aggregates information on more than 200 member galleries across the United States, including exhibition listings, public programs, archival material, an interactive map, weekly openings, and interviews. The ADAA becomes one of the first national gallery associations to consolidate its programming on the platform, which already hosts guides from over 1,100 cultural organizations worldwide, including the Whitney Museum of American Art, Storm King Art Center, and the Hammer Museum.

taipei dangdai cancels 2026 edition art assembly

Taipei Dangdai, the art fair in Taiwan, has canceled its 2026 edition as organizers undertake a "strategic re-evaluation" of the fair's model, timing, scale, and format. The fair, which held its sixth edition in May 2025, is part of The Art Assembly, a conglomerate overseeing three regional Asian fairs including Art SG and Tokyo Gendai. The number of participating galleries dropped from over 90 in its 2019 inaugural edition to 54 in 2025, with no mega-galleries participating this year. The announcement follows a similar "strategic pause" by the Art Dealers Association of America (ADAA) for its flagship fair, The Art Show, and comes amid broader challenges for the fair's organizer, Angus Montgomery Arts, which also canceled recent editions of Photofairs in Hong Kong and New York.

art market mugrabi nahmad kenny schachter

Kenny Schachter critiques the art market's doomsaying media narrative, coining the acronym Salsa (Scribes Always Love Sensational Apocalypse) to describe clickbait-driven hype. He contrasts current market anxieties with past downturns, notably the 1991-1996 recession when the market evaporated, citing a 1991 Roberta Smith article. Schachter observes that the Nahmads and Mugrabis, once feuding families, now invest together, and he recounts his experience at Phillips during his "Hoarder 6" exhibition, where young collectors showed genuine interest. He argues that the market, though wounded, remains healthy and calls for a less transactional, more patient approach to selling art.

taipei dangdai nixes 2026 edition

Taipei Dangdai Art and Ideas, the annual art fair in Taiwan's capital, will not hold its 2026 edition as organizers pause to conduct a strategic evaluation of the fair's model, timing, scale, and format. The decision follows a prolonged contraction in the art market and comes days after the Art Dealers Association of America canceled its long-running Art Show in New York. The fair, which first launched in 2019 and held its sixth edition in May, had seen its exhibitor numbers decline from over 90 to around 50 this year. Co-director Robin Peckham left after the 2025 edition, and the fair's parent organization, the Art Assembly, has removed material about previous editions from its website, with its Instagram account apparently disabled.

In Surprising Twist, ADAA Art Fair Will Now Benefit the Whitney Museum

The Art Dealers Association of America (ADAA) has named the Whitney Museum of American Art as the new philanthropic beneficiary of its annual fair at the Park Avenue Armory. This decision follows the ADAA's abrupt termination of a 30-year partnership with the Henry Street Settlement, a social services nonprofit that relied on the fair's preview gala for approximately $1 million in annual unrestricted funding. The new event, rebranded simply as the ADAA Fair, will direct its gala proceeds toward the Whitney’s educational and artistic programming.

henry street settlement independent art fair

The Henry Street Settlement, a nonprofit social-service organization on New York's Lower East Side, lost its primary annual fundraiser when the Art Dealers Association of America canceled The Art Show in July 2025. After months of uncertainty, Henry Street has partnered with Independent, the art fair that recently relocated to Pier 36, to host its 37th gala preview on May 14, 2026. The collaboration was brokered by art dealer James Fuentes, a Henry Street board member and longtime Lower East Side gallerist. The gala had raised over $38 million since 1989, and the cancellation left a budget gap that forced the organization to launch a virtual campaign raising only $600,000—half the usual amount—while federal cuts compounded the financial strain.

Picasso or Bitcoin? How art’s status is changing among the super-rich

Christie's and Sotheby's reported nearly flat first-half 2025 sales of $2.1bn and $2.2bn respectively, with Christie's 20th/21st-century art sales down 2% but luxury up 29%. The Mei Moses Art Index shows over 50% of auction lots sold at negative compound annual returns, which analyst Michael Moses calls 'the worst overall financial performance in the 21st century.' Meanwhile, Bitcoin, gold, and stocks have significantly outperformed art, with BlackRock's Bitcoin ETF alone attracting $84bn—far exceeding the global art market's total value. A record $43.9m Canaletto sale to a Bezos-linked buyer underscores that top-tier works still command attention, but the broader trend suggests wealthy investors are prioritizing financial returns over art as a status symbol.