Art Fair Report: Stress Test

Art Basel Hong Kong 2026 drew 91,500 visitors and featured 240 galleries at the Convention and Exhibition Centre, alongside over 100 galleries at Art Central, three new boutique fairs, four new art spaces, multiple auction previews, and dozens of institutional shows and gallery openings. Despite a challenging 2025 that saw mega-galleries Pace and Perrotin close their Hong Kong spaces and auction results hit an eight-year low, blue-chip galleries reported strong sales, including David Zwirner’s USD 3.8 million sale of Liu Ye’s "Snow White" (2006) and Hauser & Wirth’s USD 2.95 million sale of a Louise Bourgeois work. The prevailing sentiment among collectors and gallerists was cautious optimism, with the phrase "Are you surviving?" overheard frequently.

What It Takes to Build the Venice Biennale

Three weeks before the Venice Biennale opens on May 5, the city remains a construction site, with the Giardini closed and parts of the Arsenale requiring special access. Artist Faustin Linyekula rehearses his performance *The Galeazze Project* in a 16th-century roofless complex, working with the existing gravel, natural light, and lagoon acoustics rather than imposing a structure. Geopolitical conflicts, supply chain disruptions, and the sudden resignation of the Biennale’s international jury via Instagram add pressure to the already challenging logistics of mounting the global exhibition.

The art of politics: how global conflicts are playing out in this year's Venice Biennale

Israel is making a controversial return to the 2025 Venice Art Biennale after its pavilion was locked in 2024 with a note demanding a ceasefire in Gaza. The artist representing Israel, Belu-Simion Fainaru, will present his project "Rose of Nothingness" in the Arsenale, while Russia also returns to the Biennale after its Giardini pavilion was reassigned to Bolivia in 2024. The Art Not Genocide Alliance (ANGA) has renewed calls for a boycott and is organizing strike action to disrupt the event, accusing Israel of genocide.

A Pavilion of Ruins: Germany Reconsiders Its Past in Venice

The German Pavilion at the 61st Venice Biennale features a dual presentation exploring the country's layered political history. Artist Sung Tieu has cloaked the pavilion's fascist-era facade with a mosaic reconstruction of a GDR housing estate for Vietnamese contract workers, where she lived as a child. Inside, the late Henrike Naumann's immersive installation 'The Home Front' uses furniture and design to stage a confrontation between East and West German domestic and political ideologies. Naumann died in February 2025 at age 41, but her fully realized concept was completed collaboratively by her partner and curator Kathleen Reinhardt.

Full extent of Stephen Friedman Gallery's £7.8m debt revealed in filings

Administrators' filings for Stephen Friedman Gallery reveal a total debt of £7.8 million following its closure in February. Three prominent artists—Alexandre Diop, Deborah Roberts, and Kehinde Wiley—are among the unsecured creditors owed a combined £795,000, expected to recover only eight to nine pence per pound. The largest secured creditor is Coutts & Company, owed £3.1 million, followed by Pentland Group with £1.4 million outstanding. The gallery also owes £505,113 to the Pollen Estate for its Cork Street lease, £550,000 to HMRC, and significant sums to shipping and storage firms, including Crozier (£256,470) and Gander & White (£86,772). Art fairs Frieze and Art Basel Qatar are owed £71,227 and £18,763 respectively.

Seen in Venice, Bought in Venice

"In Venedig gesehen, in Venedig gekauft"

The article reports on multiple developments surrounding the Venice Biennale. Iran has withdrawn from the Biennale, citing political and economic crises, with logistical challenges such as no flights or postal service making participation nearly impossible. Artist Anish Kapoor has called for the exclusion of the United States from the Biennale, criticizing its "abhorrent policy of hate" and "ongoing warmongering." A memorial installation by Derrick Adams for the late curator Koyo Kouoh, who was set to lead the main exhibition, will be displayed near the Arsenale. Additionally, the Biennale faces a funding cut from the EU due to Russia's continued participation despite the Ukraine war, leading to the resignation of the jury and the culture minister's withdrawal.

From Minor Keys to Uproar: The Crisis of the Venice Biennale

DE LAS MINOR KEYS AL ESTRUENDO: LA CRISIS DE LA BIENAL DE VENECIA

The 61st Venice Biennale is engulfed in a structural crisis, marked by geopolitical tensions over the inclusion of Russia (amid its invasion of Ukraine) and Israel (amid the Gaza genocide). The Biennale Foundation, led by Pietrangelo Buttafuoco, defended their participation on legalistic grounds, sparking outrage from over 200 artists, curators, and cultural workers who demanded Israel's exclusion, aligning with Art Not Genocide Alliance (ANGA). The international jury, chaired by Solange Farkas and including Zoe Butt, Elvira Dyangani Ose, Marta Kuzma, and Giovanna Zapperi, resigned collectively on April 30 after deciding not to award prizes to countries whose leaders face International Criminal Court arrest warrants. This led to the cancellation of the traditional Golden and Silver Lions, replaced by audience-voted "Visitor Lions," with awards deferred until November. The European Commission suspended a €2 million subsidy over Russia's participation, and Italian Culture Minister Alessandro Giuli notably skipped the May 9 opening.

At Maya Gallery, a Benefit Sale Becomes a Map of Israeli Contemporary Art

Maya Gallery in New York is hosting a benefit sale that features works by over 50 Israeli contemporary artists, including prominent names like Michal Rovner and Sigalit Landau. The sale aims to raise funds for the gallery's programming and to support Israeli artists amid ongoing geopolitical tensions.

The Biennale Must Remain Open – Also for Russia

Die Biennale muss offen bleiben – auch für Russland

The article argues against calls to exclude Russia from the Venice Biennale, focusing on the controversy surrounding the Russian pavilion's planned exhibition titled "Der Baum ist im Himmel verwurzelt" (The Tree Is Rooted in Heaven). The pavilion is set to feature musicians from Russia, Argentina, Mali, and Mexico, and its theme revolves around the idea that politics is time-bound. The author contends that while the demand to exclude Russia is understandable given the geopolitical context, it is dangerous because once a biennial begins disinviting states, it undermines the very concept of the international exhibition.

With Free Vodka, and a Few Protests, Russia Returns to the Venice Biennale

Russia has reopened its national pavilion at the Venice Biennale for the first time since its full-scale invasion of Ukraine in 2022. The pavilion’s opening featured free vodka and drew a few protests, while Ukraine’s own exhibition is located nearby, highlighting the stark geopolitical tensions playing out at the prestigious art event.

The Venice Biennale and Its Many Flashpoints: An Explainer

The Venice Biennale, often described as the Olympics of the art world, is set to begin previews on Tuesday amid several controversies. Key flashpoints include the sudden death of a curator, Russia's surprise participation despite ongoing geopolitical tensions, and an unconventional entry from the United States. These developments have intensified scrutiny and debate around the prestigious international exhibition.

Endangered Species? Venice Biennale Ditches Golden, Silver Lions for 2026 Edition

The Venice Biennale has announced it will eliminate the Golden and Silver Lions for the 2026 edition, replacing them with Visitor Lions chosen by popular vote. The prizes, traditionally awarded on opening day (May 9), will now be presented at the closing ceremony (November 22). Russia and Israel, previously barred from consideration by the prize jury due to ICC charges against their leaders, will be eligible for the new Visitor Lions. The decision follows the mass resignation of the original prize jury after they excluded those nations and faced pressure to also ban the US.

The Craziest Venice Biennale Ever: One Week Before Opening, the Jury Resigns (The Public Will Decide the Lions!)

La Biennale di Venezia più pazza di sempre: a una settimana dall’apertura si dimette la giuria (I Leoni li deciderà il pubblico!)

The entire international jury of the 61st Venice Biennale has resigned en masse just one week before the opening. The jury, chaired by Solange Oliveira Farkas and including Zoe Butt, Elvira Dyangani Ose, Marta Kuzma, and Giovanna Zapperi, had publicly announced they would not consider countries whose leaders are accused of crimes against humanity by the International Criminal Court—effectively excluding Russia and Israel from the Golden Lion competition. This decision came amid ongoing tensions between Italian Culture Minister Alessandro Giuli and Biennale President Pietrangelo Buttafuoco over Russia's participation, as well as controversy surrounding Israel's presence. After a meeting with Buttafuoco, the jury resigned, leaving the Biennale without a key body to award its top prizes.

Iran will not participate in the Biennale

Iran nimmt nicht an Biennale teil

Iran has withdrawn from the Venice Biennale, according to an announcement by the Biennale organization reported in Italian media. No reasons were given for the decision. The withdrawal comes amid significant turmoil at the Biennale just days before its official opening on Saturday: the entire jury resigned over disputes regarding the treatment of Russia and Israel, the opening ceremony was canceled, and the traditional awarding of Golden Lions at the start has been postponed to the final day in November, with winners now to be decided by visitor vote rather than a jury.