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This week's art industry roundup covers major developments across art fairs, auction houses, galleries, and museums. At Expo Chicago, emerging artist Auudi Dorsey sold her painting *Rumble* (2025) for $14,000 on opening day at Palo Gallery, while the fair featured 170 exhibitors including 20 from South Korea amid tariff concerns. Vienna Contemporary appointed Abaseh Mirvali as artistic advisor for 2025-2026. Sotheby's was selected by Barbara Gladstone's estate trustees to sell her collection, starting with a May 15 single-owner sale of 12 works estimated at over $12 million. Nine artworks from the Anne and Sid Bass collection head to Christie's New York, and Sotheby's secured a $70 million Alberto Giacometti sculpture for its May 13 evening sale. Philipp Kaiser departed Marian Goodman Gallery after six years. Customs backlogs from President Trump's import policy changes are causing shipping headaches, with DHL halting business-to-consumer shipments over $800 to the U.S. Air de Paris withdrew from Art Basel. Mexico City gallery OMR hired Agustina Ferreyra as director. Angelica Jopling is expanding her London gallery Incubator to New York. Alexander Gray Associates now represents Donald Moffett. In museums, the National Endowment for the Humanities, following DOGE staff cuts, is offering grants up to $600,000 for statues for Trump's National Garden of American Heroes. CCS Bard appointed Lauren Cornell as artistic director and Mariano Lopez Seoane as graduate program director. The New York Academy of Art named Paul R. Provost president. The Artists' Legacy Foundation appointed Daisy Murray Holman executive director. The Speed Art Museum named Diallo Simon-Ponte assistant curator. The Garage Museum of Contemporary Art in Moscow appointed Daria Kotova director. The Nasher Sculpture Center named Carlos Basualdo director. The Cultural Infrastructure Index reported a 17% drop in completed cultural projects in 2024.

12 Collectors on the Artists, Shows, and Trends to Watch in 2026

Artsy spoke with 12 leading collectors about the artists, exhibitions, and trends they are most excited to follow in 2026. Highlights include the re-centering of women artists, the rise of South Asian and LGBTQ+ artists, and the impact of AI on gallery operations. Collectors point to major institutional milestones such as LACMA's new campus, the Guggenheim Abu Dhabi, the Venice Biennale, and Art Basel's expansion into Qatar, as well as specific shows like Claire Tabouret's stained-glass commission for Notre-Dame and the Frida Kahlo exhibition at the Museum of Fine Arts, Houston.

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More than 150 unionized workers at Britain's Tate museums, represented by the Public and Commercial Services Union (PCS), will strike from November 26 to December 2 over what they call inadequate pay raises. The strike follows a vote where 98% of members supported action, with 88% turnout. Staff at Tate Britain, Tate Modern, Tate Liverpool, and Tate St. Ives were offered a 2-3% salary increase, which the union argues is below the government's Civil Service Pay Remit Guidance maximum of 3.25%. The action coincides with the opening of the major exhibition "Turner & Constable: Rivals & Originals" at Tate Britain on November 27.

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New York dealer Bridget Donahue and Los Angeles dealer Hannah Hoffman are merging their eponymous galleries to form a new operation called Hoffman Donahue, with spaces in both cities. The combined gallery represents 43 artists, including Puppies Puppies and Lynn Hershman Leeson, and its roster is more than 70 percent women artists. The merger will be fully integrated by 2026, with its official debut at Art Basel Paris. The dealers previously worked together at Gavin Brown's Enterprise and have collaborated on art fair booths.

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Sperone Westwater, a 50-year-old New York gallery, closed on January 1, 2026, amid a legal dispute between its co-founders Gian Enzo Sperone and Angela Westwater. Court filings reveal Sperone accuses Westwater of mismanagement, including using the gallery's Norman Foster-designed building on the Bowery to subsidize unprofitable operations, while Westwater counters that Sperone has been largely absent since 2016 and is attempting to extract maximum financial benefit. The corporation's two directors are deadlocked, and a receiver may be appointed to oversee dissolution, including sale of the building and distribution of assets.

In Chelsea, Canal 47 and Max Levai Are Betting On Collaboration

New York gallery 47 Canal is relocating from SoHo to a 7,000-square-foot flagship at 529 West 20th Street in Chelsea, sharing the space with London dealer Max Levai. Founded by Oliver Newton and Margaret Lee in 2011, the gallery will maintain its own identity and exhibition program while coordinating schedules with Levai to create a more active environment. The renovated space, designed by IDSR Architecture, features two exhibition levels and will host longer exhibition runs, talks, performances, and events.

Is the art world’s big summer break a thing of the past?

As the art market continues to experience softer demand for a third summer, galleries in the US and the Americas are rethinking the traditional August break. Dealers like Wendi Norris (San Francisco), Omayra Alvarado-Jensen (Instituto de Visión, Bogotá and Manhattan), Pali Kashi (Europa, New York), and Davida Nemeroff (Night Gallery, Los Angeles) describe varied approaches: some remain open to meet traveling collectors, others close for weeks to regroup, and many launch offsite pop-ups to maintain momentum. There is no industry consensus, with decisions shaped by geography, cultural heritage, and collector migration patterns.