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kenny schachter new york fair auction recap

Kenny Schachter's article for Artnet News draws a parallel between President Jimmy Carter's 1977 energy-crisis plea to lower thermostats and the current art-market response to Trump-era tariff turmoil. He reports that the spring 2025 auction cycle generated $1.25 billion, continuing a decade-long decline from the 2014 peak, with bidders spending less and big-ticket sellers stuck. Schachter also promotes his own no-reserve auction, "Hoarder #6," scheduled for July 8–17 at Phillips, and critiques Trump's economic policies and crypto ventures, name-dropping Justin Sun as a major holder of $Trump tokens.

new money new taste intel report march 2025

The article, part of Artnet's Intelligence Report, profiles the rise of a new generation of art collectors, exemplified by Justine Freeman, granddaughter of legendary patron Betty Freeman. It highlights how millennials and Gen Z, who accounted for a quarter to a third of bidders at major auction houses in 2024, are reshaping the market by focusing on ultra-contemporary artists like Jadé Fadojutimi and Hilary Pecis, as well as nontraditional collectibles such as sneakers and Hermès bags. Notable sales include Maurizio Cattelan's banana artwork "Comedian" for $6.2 million to a 34-year-old crypto entrepreneur.

The Top 3 Japanese ultra-contemporary artists

The article profiles three Japanese ultra-contemporary artists—Miwa Komatsu, Justin Caguiat, and Yukimasa Ida—who are gaining significant traction on the international art market. It details Komatsu's rise from a 2015 Christie's Hong Kong sale to becoming the first Japanese ultra-contemporary artist ranked among the world's top 1,000 sellers, with $2 million in sales in 2022.

‘I paint extreme emotions’: Rachel Jones on her riotously colourful paintings – and her obsession with mouths

Rachel Jones, a 34-year-old British artist, is preparing for a major retrospective at Dulwich Picture Gallery, her first institutional solo show in the UK and the museum's first solo exhibition of a contemporary artist in its main space. After graduating from the Royal Academy Schools in 2019, Jones was quickly represented by Galerie Thaddaeus Ropac, had work acquired by the Tate, and exhibited at Chisenhale Gallery, the Hayward Gallery, and the Hepworth Wakefield. She has since left gallery representation, expanded into sound and performance, and created a short opera titled 'Hey Maudie' (2023), now being developed into a full-length opera. Her upcoming show at Dulwich, 'Gated Canyons', will pair her large-scale abstract paintings with works from the museum's collection, and she also has a site-specific commission at the Courtauld Gallery opening in September.

Before He Stole the Oscars, Timothée Chalamet Stole Ballet and Opera

Actor Timothée Chalamet sparked controversy by stating in an interview that he doesn't want to work in ballet or opera, describing them as artforms where the goal is to "keep this thing alive." The comment prompted swift backlash from the dance community, with institutions extending personal invitations and op-eds criticizing his remarks.

London's Dulwich Picture Gallery prepares to reveal £5m redevelopment

Dulwich Picture Gallery in south London will open a newly transformed sculpture garden to the public on 6-7 September, as the centerpiece of its £5m Open Art project. The redevelopment reclaims previously underused green space for a rotating programme of contemporary art on two-year loans, alongside permanent works including a land art piece by Kim Wilkie, an ArtPlay Pavilion designed by HoLD Collective and Carmody Groarke, and a new entrance restoring elements of John Soane's 1811 plans. The project is funded by principal donor The Lovington Foundation, The Julia Rausing Trust, the Manton Foundation, and a public campaign, as the gallery receives no regular government funding.

Rachel Jones, Liverpool Biennial, UK Aids Memorial Quilt at Tate Modern —podcast

This episode of The Art Newspaper's podcast 'The Week in Art' covers three major topics. Host Ben Luke interviews painter Rachel Jones about her exhibition 'Gated Canyons' at Dulwich Picture Gallery, which features both giant and tiny works. Contemporary art correspondent Louisa Buck reviews the Liverpool Biennial 2025, titled 'BEDROCK', held at the Walker Art Gallery. The episode also features writer Charlie Porter discussing the UK AIDS Memorial Quilt, a commemorative work made of 42 quilts and 23 individual panels honoring 384 individuals affected by HIV and AIDS, currently installed at Tate Modern's Turbine Hall.