person Kabir Jhala

Tiwani Contemporary, gallery dedicated to African art, ceases operations after 15 years

Tiwani Contemporary, a London- and Lagos-based gallery specializing in contemporary art from Africa and its diaspora, has ceased operations after 15 years. The gallery announced on 28 May that rising operational costs and market uncertainties made its commercial model unsustainable. Its London space has closed, while the Lagos location will restructure. Founded in 2011 by Maria Varnava, the gallery was a pioneering platform for African art when interest was still niche. It represented artists such as Gareth Nyandoro and Dawit L. Petros, and helped launch the careers of Black-British artists like Michaela Yearwood-Dan and Joy Labinjo. The gallery expanded in recent years, opening a Lagos space in 2022 and moving to a larger London venue on Cork Street in 2023, but was forced to withdraw from Liste Basel.

Richter and Judd works top Christie's solid if not stellar sale of post-war and contemporary art

Christie’s held a two-part evening sale on May 20, featuring 42 lots from the estate of dealer Marian Goodman and the single-owner collection of Henry S. McNeil Jr. The auction achieved a hammer total of $132 million ($162.6 million with fees), just above the low end of its pre-sale estimate. The top lot was Donald Judd’s untitled plexiglass and copper stack sculpture, which sold for $12.8 million with fees, setting a new record for a Judd stack at auction. A surprise standout was Richard Artschwager’s Two-Part Invention (1967), which hammered at $500,000—more than six times its high estimate. The McNeil collection achieved a white-glove sale, while all but two of the eight Gerhard Richter works from the Goodman collection were guaranteed by third parties.

For young dealers, being in New York is key to surviving and thriving

The article examines how young art dealers in New York are adapting to the city's high costs and competitive market during the May art season. It highlights galleries like Europa, Esther, and Gordon Robichaux participating in multiple fairs simultaneously, such as Frieze New York and Independent New York, to maximize sales and visibility. Dealers like Pali Kashi and Silke Lindner emphasize strategic resourcefulness, with some sales already covering fair costs, while referencing artist Josh Kline's essay on how real estate pressures stifle artistic risk-taking.

Gallery Weekend Berlin opens ranks as city faces identity crisis

Gallery Weekend Berlin (GWB) expands from 50 to 57 participating galleries in 2025, introducing a new section called Perspectives that features smaller, younger galleries previously excluded from the event. The 20-year-old event, which began with 21 dealers aiming to attract international collectors to Berlin, has grown into a major sales week for galleries. Perspectives includes galleries like Anton Janizewski and Persons Projects, with a reduced participation fee of €4,500 (half the usual €9,000), subsidized by the Berlin Senate. The selection committee invites galleries rather than accepting applications, a process that has faced accusations of elitism.

$17.9 million Raja Ravi Varma painting sets new record for Indian painting at auction.

A painting by Raja Ravi Varma titled 'Yashoda and Krishna' sold for $17.9 million at a Saffronart auction in Delhi, setting a new auction record for an Indian painting. The buyer was pharmaceutical billionaire Cyrus Poonawalla, founder of the Serum Institute of India.

Jean-Marc Bottazzi on why good collecting is not about 'ticking boxes'

Jean-Marc Bottazzi, a Japanese bond trader and collector based in Hong Kong, discusses his philosophy of collecting in an interview with The Art Newspaper. He emphasizes deep, focused support of artists rather than acquiring a superficial variety, citing his extensive holdings of over 100 works by the 96-year-old Japanese artist A-Yo and deep collections of Abstract Expressionism, Gutai, and conceptual photography.

At Art Basel Hong Kong, Blue-Chips Report Flurry of 7-Figure Deals, While Others Lament ‘Slower Than Usual’ Sales

Major galleries reported significant seven-figure sales on the opening day of Art Basel Hong Kong. Hauser & Wirth sold works by Louise Bourgeois and George Condo for millions, while David Zwirner sold paintings by Liu Ye and Marlene Dumas for $3.8 million each. Pace Gallery's CEO noted a renewed energy, and other blue-chip dealers like White Cube and Lehman Maupin also reported high-value transactions, particularly with Asian collectors and institutions.

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

The contemporary art market has declined for the fourth consecutive year, with auction sales for postwar and contemporary works falling to $4.5 billion in 2025 from a peak of $8.5 billion in 2021. Simultaneously, the market has seen a significant rebound in more established categories, with auction sales of Impressionist and Post-Impressionist works rising 47% and Old Masters climbing 30% last year.

Glassblower and porcelain heir Paul Arnhold on the art he loves to collect

The article profiles Paul Arnhold, a New York-based glassblower and fourth-generation heir to a major Meissen porcelain collection. He discusses how his hands-on practice as a maker directly informs his eclectic approach to collecting, which spans from ancient Etruscan artifacts to contemporary paintings by artists like Salman Toor. He emphasizes collecting based on personal joy and tactile presence rather than provenance alone.