This week's art industry roundup covers NADA New York's 11th edition with 111 galleries at a new venue, the Starrett-Lehigh Building, and Photo London's 10th edition at Somerset House with 99 exhibitors. In auctions, Sotheby's London saw a Yoshitomo Nara work sell for £9.03 million, while Christie's achieved £10 million for René Magritte's 'La reconnaissance infinie' and over £3.3 million for a Nazi-looted Egon Schiele drawing, plus $728,784 in its first all-A.I. auction. Galleries saw moves including Charles Moffett's new Tribeca space, Lisson Gallery representing Tishan Hsu, and Mika Yoshitake joining Blum as senior curatorial director. Museums and institutions feature the opening of Khao Yai Art Forest in Thailand with works by Louise Bourgeois, and the J. Paul Getty Trust appointing Kelly S. Moody as vice president.
This roundup matters because it captures key shifts in the art market and institutional landscape: the relocation of a major fair like NADA signals evolving real estate dynamics in New York's gallery district, while strong auction results for Magritte and Schiele underscore sustained demand for blue-chip and restituted works. The first all-A.I. auction at Christie's marks a significant milestone for digital art's commercial viability. Gallery expansions and new appointments reflect ongoing global networking, and the opening of Khao Yai Art Forest highlights the growing influence of private philanthropy in Southeast Asia's art scene.