Gallery Openings This Week in Paris

Les vernissages cette semaine dans les galeries parisiennes

The Paris gallery scene is experiencing a surge of new activity this week with several high-profile openings across the city's major art districts. Highlights include Rosson Crow’s vibrant, chaotic landscapes at Galerie Nathalie Obadia, the inauguration of Galerie Sator’s new Marais space with sculptures by Kokou Ferdinand Makouvia, and a curated dialogue between historical avant-gardes and contemporary abstraction at Galerie Le Minotaure. Additionally, Gagosian is showcasing late works by Francis Bacon, while Esther Schipper presents the first Paris solo exhibition for Sojourner Truth Parsons.

Uncertainty in the Art Market is Currently Extreme

"Im Moment ist die Verunsicherung auf dem Kunstmarkt extrem"

Prominent Cologne gallerist Gisela Capitain is celebrating her 40th anniversary amid a period of significant market volatility. In recent interviews, she reflects on her career—defined by long-term artist relationships like that with Martin Kippenberger—while critiquing the current state of the art world. She notes that buyers have become increasingly hesitant and deliberate, describing the current level of uncertainty in the art market as extreme and calling for reforms to institutions like Art Cologne.

The Nahmad family ordered to return a Nazi-looted Modigliani, valued at 21.5 million euros, to a French farmer

La famille Nahmad sommée de restituer à un agriculteur français un Modigliani spolié par les nazis, estimé à 21,5 millions d’euros

The New York State Supreme Court has ordered the restitution of Amedeo Modigliani’s 1918 painting, 'Seated Man (with a Cane)', to Philippe Maestracci, the grandson of Jewish art dealer Oscar Stettiner. The artwork, valued at approximately €21.5 million, was looted from Stettiner’s Paris gallery by the Nazis in 1944. Despite a 1946 court ruling in Stettiner's favor, the painting remained hidden for decades before being acquired in 1996 by the billionaire Nahmad family through an offshore entity.

The Journal of Antiquarians and Galleries No. 10 Has Just Been Published

Le Journal des Antiquaires et Galeries n°10 vient de paraître

The tenth issue of Le Journal des Antiquaires et Galeries has been released, focusing on the resilience of the art market amidst geopolitical and economic headwinds. The publication highlights major spring events including Art Paris, Art Brussels, and the Paris Gallery Weekend, while introducing the newly formed Federation of Art Market Actors (FAM’Art).

High Art, Paris Gallery That Spun Emerging Artists Into Stars, Closes After 12 Years

High Art, a Parisian gallery known for launching the careers of emerging artists, has closed its doors after 12 years of operation. The gallery, which gained a reputation for identifying and nurturing young talent before they achieved international fame, shuttered for reasons not fully detailed in the announcement.