Market News
319 Grand Street.GOOGLE MAPS

Feuer and Mesler Double Down on Grand Street, Closing Orchard Street Gallery

Last March, dealers Joel Mesler and Zach Feuer partnered up to create the bipartite Lower East Side gallery operation Feuer/Mesler and Mesler/Feuer: one space at 30 Orchard Street, where Mesler previously ran a gallery called Untitled, and one space at … Read More

Market News
Modigliani's "Seated Man With a Cane."

New Complaint Filed Against Nahmads Over Modigliani Portrait

The estate of a Paris dealer has sued the Nahmad Gallery in New York once again over a Amedeo Modigliani portrait, alleging that it had been seized by the Nazis and is now owned by the Nahmads. The painting, Seated Man With … Read More

Market News
The 2015 Material Art Fair at the Auditorio Blackberry in Mexico City.COURTESY MATERIAL ART FAIR

Here’s the Exhibitor List for Mexico City’s 2016 Material Art Fair, Which Has Grown by 50 Percent for Its Third Edition

The ambitions of Mexico City’s Material Art Fair are quickly growing. In its first two editions, which were held in 2014 and earlier this year, Material, which focuses on emerging galleries and  runs concurrently with the well-established Zona Maco fair, … Read More

Auctions Market News
"Once Upon a Time in Shaolin..."COURTESY WU-HA.WUTANGCLAN.COM

Sole Copy of Wu-Tang Clan’s New Album Sets Auction Record, Selling for ‘Undisclosed Figure in the Millions’

The Wu-Tang Clan has sold the sole copy of its conceptual album, Once Upon a Time in Shaolin…, through online auctioneer Paddle8 for an “undisclosed figure in the millions.” The album was purchased by an anonymous “American buyer.”Once Upon a … Read More

2015 Venice Biennale Market News

2015 Venice Biennale Passes 500,000 Visitors, 5 Percent Increase From 2013

Yesterday marked the last day of the 56th international Venice Biennale, which has reported a total visitor count of 500,875, with 2,899 average visitors per day. Numbers have been increasing slowly since 2009; this number is a 5.45% increase from 2013’s … Read More

Graphics Market

A Brief History of the Art Los Angeles Contemporary Fair

After Art Basel Miami Beach in December, the next major fair on the calendar in the United States is Art Los Angeles Contemporary, which runs from January 28 through 31. Started in 2010, it was originally conceived to strongly highlight … Read More

Auctions Market News

Michael McGinnis Steps Down as President of Phillips After 16 Years

Phillips president Michael McGinnis will be stepping down from his position and leaving the company, he announced in an email to staff. He will be pursuing “various opportunities in the non-auction side of the art business.”“My tenure with Phillips has … Read More

Market News
Installation view of last year's Outsider Art Fair.

Here Is the 2016 Outsider Art Fair Exhibitor List

The 24th Outsider Art Fair opens in New York at the Metropolitan Pavilion on January 21, 2016, and runs through January 24. The fair features 59 exhibitors from 13 countries showing work by newly discovered or self-taught artists. A full … Read More

Market News
Franklin Parrasch and Christopher Heijnen will open a new space in Los Angeles in January. COURTESY PARRASCH HEIJNEN

Franklin Parrasch, Christopher Heijnen to Open Gallery in Downtown Los Angeles

Since 1986, Franklin Parrasch has owned six New York galleries, and the one he currently helms is on Manhattan’s Upper East Side. This January, Parrasch will expand his reach to include the West Coast, where he and Christopher Heijnen will … Read More

Auctions Market News
Felix Gonzalez-Torres, Untitled (L.A.), 1991.


Crystal Bridges Museum Acquires Record-Setting Work by Felix Gonzalez-Torres

Bentonville, Arkansas’s Crystal Bridges Museum of American Art announced today that it has acquired Felix Gonzalez-Torres’s “Untitled” (L.A.), 1991, which sold last week at Christie’s postwar and contemporary evening sale for $7,669,000, a record for the late artist.The piece involves an ideal … Read More

Auctions Market News
The sale room at Christie's.COURTESY CHRISTIE'S

November New York Auctions Totaled $2.33 Billion, Down From May Haul

The November sales of Impressionist, modern, and contemporary art in New York took in $2.33 billion over the course of a ten-day auction spree, down from the May sales in New York, which took in a record $2.7 billion.The sales … Read More

Auctions Graphics Market News

Here’s a Look at How the Big Three Auction Houses’ 2015 November Evening Sales Compared to Past Years

Christie’s Sotheby’s PhillipsOver the past few years, the art world has become quite used to concluding each November auction season with fresh new records, and news that the grand totals from the evenings sales of Impressionist, modern, and contemporary art … Read More

Auctions Market News
Kenneth Noland's Heat (1958) was the second-most expensive lot at the auction. COURTESY SOTHEBY'S

Strong Sotheby’s Contemporary Day Sale Totals $98 M., Sets Kenneth Noland Record at $3.37 M.

Sotheby’s capped its auction week yesterday with a respectable contemporary day sale that brought in $98 million. With 323 out of 418 lots finding buyers, 80 percent of the works that went on the block sold. Although some momentum was lost … Read More

Auctions Market News
Paul Cézanne’s Pommes sur un linge (circa 1885), which was estimated at $7 million to $10 million, sold for $9.13 million.

Christie’s Nets Healthy $145.5 M. at Imp-Mod Auction, Led by Picasso, Matisse, Cézanne

The New York evening sales concluded tonight with the Impressionist and modern sale at Christie’s, which racked up $145.5 million, well above its low estimate of $108.8 million—a quite successful tally accrued during a slow, steady waltz through a list of 59 relatively low-priced … Read More