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the art world in 2025 2716064

Artnet News staff reflects on the most impactful stories of 2025, covering a wide range of topics from institutional shifts and devastating wildfires to market sensations and conceptual art. Key pieces include Ben Davis's analysis of the art world's 'post-woke' turn, Sarah Cascone's report on Los Angeles artists losing homes in the Eaton Fire, Katya Kazakina's tale of a David Hockney painting yielding a 7,000 percent return at Christie's, Andrew Russeth's coverage of Richard Prince's seven-hour deposition video, Kate Brown's profile of Friedrich Kunath, and Annie Armstrong's introduction of the 'red-chip' art market driven by hype and crypto.

walter robinsons legacy is celebrated with honorary doctorate new scholarship 2730182

Hundreds gathered on a cold Monday night in New York at Phillips auction house and the Metropolitan Club to celebrate the life and legacy of Walter Robinson, the beloved art-world figure who died in February 2025. The event, organized by the New York Academy of Art as part of its annual “Take Home a Nude” fundraiser, featured silent and live auctions, a posthumous honorary doctorate awarded to Robinson, and the announcement of the Walter Robinson Scholarship funded by auction proceeds. The evening raised over $800,000, with works by students and acclaimed artists like Richard Prince and Kiki Smith on offer, and Robinson’s painting *Blood on the Sun* (2018) selling for $35,000.

10 top selling living american artists morning links 1234754482

Artnet News has compiled a list of the 10 top-selling living American artists at auction, with Jeff Koons leading the pack as the only artist to surpass $1 billion in auction sales. The list includes influential figures like Jasper Johns, Ed Ruscha, Cindy Sherman, Christopher Wool, Richard Prince, George Condo, and KAWS, with Johns being the oldest at 95 and Sherman the sole woman. The US art market generated $4.3 billion in 2024, outpacing China and the UK, according to Artnet’s Auction Price Database.

dear ivanka trump moving protest 819011

The activist collective Halt Action Group (HAG) organized a second 'Dear Ivanka' protest in New York City as Ivanka Trump prepared to move to Washington, D.C. Protesters marched from Grand Army Plaza to Trump’s Park Avenue residence, carrying symbolic moving boxes labeled with social and political concerns such as women's rights, affordable healthcare, and freedom of the press. The event featured prominent art world figures and utilized visual metaphors, including a disavowed Richard Prince artwork, to urge Trump to act as a moderate influence on her father’s administration.

Inside ‘Prince of Prints’ Jordan Schnitzer’s Sprawling Collection

Jordan Schnitzer, the Portland-based philanthropist often called the 'Prince of Prints,' recently provided a rare tour of his massive 50,000-square-foot art warehouse. The facility utilizes a sophisticated 'floating bin' logistics system, similar to those used by major retailers, to manage over 22,000 works, including extensive holdings by Andy Warhol, Joseph Beuys, and Richard Prince. Schnitzer’s foundation operates as a lending library, frequently shipping works to museums and hosting educational tours for students from districts where arts funding has been eliminated.

christies 21st century evening sale women artists records 1234762523

Christie’s 21st-century evening sale on Wednesday set new auction records for women artists Firelei Báez, Joan Brown, and Olga de Amaral. Báez’s painting *Untitled (Colonization in America, Visual History Wall Map, Prepared by Civic Education Service)* (2021) sold for $1,111,250; Brown’s *After the Alcatraz Swim #2* achieved $596,900; and Amaral’s *Pueblo H* (2011) soared to $3,125,000—more than double her previous record. The sale also set records for a neon/sculptural work by Glenn Ligon and a three-dimensional work by Richard Prince.

Art market bounce back continues in New York with Christie's $123.5m 21st-century sale

Christie’s 21st-century evening sale at Rockefeller Centre in New York on 19 November achieved $99.5 million before fees ($123.5 million with fees), surpassing last November’s equivalent sale of $106.5 million with fees. The sale featured 45 lots, with only one unsold (a Cecily Brown abstract), resulting in a 2% buy-in rate. Three artist records were set for Firelei Báez, Joan Brown, and Olga de Amaral. A major highlight was the collection of Chicago collectors Gale Neeson and the late Stefan Edlis, comprising 19 lots that realized $40.3 million ($49.2 million with fees), including works by Andy Warhol, Richard Prince, and Diego Giacometti. Other notable sales included Cindy Sherman’s *Untitled Film Still #13* (1978) at $2.2 million with fees, Ed Ruscha’s *How Do You Do?* at $6.7 million with fees, and a Warhol *The Last Supper* (1986) sold to Paris dealer Frederic Larroque for $8.1 million with fees.

‘Be really great. No alternative’: what Mary Boone has learned from a half-century in the art world

Mary Boone, the legendary New York art dealer, has returned to the gallery world with a new curatorial project titled 'Downtown/Uptown: New York in the Eighties' at Lévy Gorvy Dayan on the Upper East Side. The exhibition, co-curated with Brett Gorvy, features over 60 works by iconic artists of the 1980s including Jeff Koons, Barbara Kruger, Julian Schnabel, Cindy Sherman, Keith Haring, Richard Prince, and Jean-Michel Basquiat. It marks Boone's first major project in more than five years, following the closure of her namesake gallery and her 2019 tax-evasion conviction, for which she served 13 months in prison.

Sotheby’s Auction Raises Funds for Yale MFA Scholarships

The Yale School of Art is partnering with Sotheby’s to host an auction benefiting scholarships for its Master of Fine Arts program. The 13 lots, including works by Howardena Pindell, Josef Albers, Richard Prince, Mickalene Thomas, Do Ho Suh, and Barkley L. Hendricks, will be sold as part of Sotheby’s Contemporary Day Auction in New York on May 15. Estimates range from $5,000 to $700,000. Dean Kymberly Pinder, who has raised $13 million toward debt-free graduation since 2021, stated the auction supports a larger initiative to ensure MFA students graduate without debt.

Artists Sell More Than $1 M. in Art at Sotheby’s in Support of a Debt-Free Yale MFA Program

A group of artists including Mickalene Thomas, Tammy Nguyen, and Richard Prince are donating works to a Sotheby’s contemporary art day sale next month, with proceeds expected to exceed $1 million. All funds will go toward making Yale University’s MFA art program tuition-free. The sale features works by Yale alumni both historical—Walker Evans, Josef Albers—and contemporary, such as Dominic Chambers and Do Ho Suh, whose $200,000–$300,000 piece is among the lots. The highest-estimated work is a Richard Prince photograph from his “Spiritual America” series, valued at $500,000–$700,000.

Appropriation Culture: Richard Prince and Arthur Jafa

An upcoming exhibition at ArtReview pairs artists Richard Prince and Arthur Jafa to explore the ethics and aesthetics of image appropriation. Jafa's work, such as the video "Love is the Message, The Message is Death" (2016), uses found footage of police violence and Black cultural icons, while Prince's "Girlfriends" series rephotographs amateur snapshots from biker magazines. Jafa has cited Prince as a key influence on his own practice of transposing images across contexts.

sothebys barbara gladstones personal collection may sales 1234739879

Sotheby's will auction 12 works from the personal collection of the late art dealer Barbara Gladstone this May, with a combined estimate exceeding $12 million. Highlights include Richard Prince's *Man Crazy Nurse* (2002–03) estimated at $4–6 million and a black *Flowers* painting by Andy Warhol estimated at $1–1.5 million. The stand-alone sale precedes the May 15 evening contemporary auction and marks the first public offering from Gladstone's estate.

philip falcone blce art loans picasso hirst ruling 1234748812

The New York Supreme Court ruled against former hedge fund manager Philip Falcone in a case brought against pawnbroker BLCE over loans secured by artworks and a diamond ring. Judge Lyle E. Frank sided with BLCE's counter-claims of fraud and breach of contract, finding that Falcone made misrepresentations when securing loans with the same artworks—including pieces by Pablo Picasso, Damien Hirst, and Richard Prince—from multiple lenders. Falcone had claimed the ring was "wrongfully foreclosed," but the court determined he failed to raise genuine issues of material fact.