Auctions Phillips Is the Latest Art Seller to Court Ex-Manhattan Collectors by Opening a New Viewing Outpost in the Hamptons The space will show a $12 million Basquiat painting at its first preview exhibition. By Eileen Kinsella, 2 days ago
Market Speculation on Black Artists Has Gotten So Intense That for Christie’s Latest Sale, Its Curator Is Asking Buyers to Sign a Special Contract In an effort to thwart flippers, the show's curator Destinee Ross-Sutton has developed a list of terms to which buyers must agree. By Eileen Kinsella, 2 days ago
Art Fairs Basel’s Liste Art Fair Has Canceled Its 2020 Edition This Fall as the Health Situation Worsens in Switzerland It remains unclear whether participating dealers will see refunds on their booth fees. By Kate Brown, Aug 11, 2020
Art Fairs France Eases Restrictions on Large Gatherings, Bolstering Hope for Art Fairs Taking Place Across Europe This Fall Cultural events with more than 5,000 people can go ahead beginning in September. By Naomi Rea, Aug 11, 2020
Galleries ‘It’s Not a Side Project, It’s Part of My Practice’: Artist Titus Kaphar Is Expanding His New Haven Nonprofit—With a Big Boost From Gagosian The mega-gallery will provide financial backing and extensive programming for the New Haven art space that Kaphar started in 2015. By Nate Freeman, Aug 10, 2020
Auctions After Closing His Berlin Museum, Renowned Collector Thomas Olbricht Is Selling More Than 500 Works From His Collection A large portion of his cabinet of curiosities is going up for sale, alongside notable works by George Condo and Cindy Sherman. By Kate Brown, Aug 7, 2020
Market Phillips Has Debuted a New Market-Tracking Tool Called ‘Articker’ to Chart Artists’ Media Coverage A new tech tool lets collectors see which artists are trending and why. By Eileen Kinsella, Aug 6, 2020
Art Fairs As Virus Cases Rise in Texas, the Dallas Art Fair Cancels Its 2020 Edition—and Won’t Reimburse Galleries for Booth Fees "For now, it seems the long-term viability of the fair is contingent on the fees not being refunded to the galleries," one dealer said. By Taylor Dafoe, Aug 5, 2020
Galleries ‘I Doubt It Is Worth Reopening’: Art Spaces in Beirut Are Decimated by the City’s Deadly Explosions The blasts left at least 100 people dead, 4,000 wounded, and an estimated 300,000 homeless. By Naomi Rea, Aug 5, 2020
Market To Aid Struggling Local Galleries and Artists, the German Government Will Boost Its Art Acquisition Budget by 600 Percent The ministry has increased its art spending from €500,000 to €3 million. By Kate Brown, Aug 3, 2020
Market Media Scion James Murdoch Now Owns a Controlling Stake in MCH Group, Art Basel’s Struggling Parent Company The decision comes days after the younger Murdoch resigned from News Corp due to "disagreements over editorial content." By Naomi Rea, Aug 3, 2020
Auctions Kneecapped by the Shutdown (But Boosted by Millennials), Sotheby’s Earnings Have Dropped 25 Percent So Far This Year The house boasted extraordinary growth in online sales, which were up more than 500 percent—but that couldn't save it from a shortfall. By Artnet News, Aug 3, 2020
Auctions This Ordinary-Looking Vase Just Sold for Nearly 50 Times Its High Estimate After a 45-Minute Bidding War at Sotheby’s The small vase's high estimate was just $9,000. By Taylor Dafoe, Jul 31, 2020
Art Fairs The 1-54 Contemporary African Art Fair Will Go Ahead in October in London, Despite the Cancellation of Frieze A scaled-down version of the event will return to Somerset House this fall. By Naomi Rea, Jul 30, 2020
Auctions Buoyed by Ronald Perelman’s Meditative Miró, Sotheby’s Cross-Category Hybrid Auction Netted $193 Million in London The sale included works spanning 500 years of art history. By Naomi Rea, Jul 29, 2020
