art basel miami 2025 exhibitor changes 1234758903

Art Basel Miami Beach 2025 has lost at least eight exhibitors from its main sector since the fair released its initial list over the summer. Among the dropouts are blue-chip galleries including Miguel Abreu, Chantal Crousel, Alison Jacques, Peter Kilchmann, Edward Tyler Nahem, Luisa Strina, and Lia Rumma, as well as Shanghai's BANK gallery. Two galleries, Altman Siegel and Tilton, closed entirely between the list's release and the present. Kasmin changed its name to Olney Gleason and will still participate. Reasons for withdrawal vary: Miguel Abreu chose a solo presentation at Frieze Masters over Miami, citing a "less than stellar" experience the previous year and the burden of three fall fairs. The fair's contract imposes escalating financial penalties for late withdrawals, with galleries owing 50% of their fee after August 1 and 100% after October 1.