Market


Market News
Robert Rauschenberg.COURTESY PACE GALLERY

Gagosian No Longer Represents Rauschenberg Foundation

The Robert Rauschenberg Foundation is leaving Gagosian Gallery, which has represented the late artist’s work since a little after his death in 2008. The New York Times reports that the foundation will now be overseen by three galleries, spread out across the … Read More


Market News
Giacometti's Pointing Man.COURTESY CHRISTIE'S

Giacometti’s ‘L’homme Au Doigt,’ Coming to Auction for the First Time, Could Become Most Expensive Sculpture Ever

At Christie’s evening sale in New York on May 11, Alberto Giacometti’s life-size sculpture L’homme au doigt (Pointing Man) will be for sale for the first time at auction. The work has been owned by a “distinguished private collector” for … Read More


Dallas Art Week 2015 Market
2015 MTV RE:DEFINE GALA & AUCTION IN HONOR OF MICHAEL CRAIG-MARTIN

At Dallas Art Week, a $2.2 M. Benefit Auction, a $2.5 M. Car, and ‘Spending Money Like Drunken Sailors’

Sometimes art-fair weeks have an echo-chamber reverb—the same canapés, the same Instagrams, the same Damien Hirst spin paintings. But if you’re lucky, the stars align and bequeath you unique experiences. On Friday, at 10:30, the morning after the opening of … Read More


Market SP-Arte 2015
ARTNEWS

Attack of the Monster Black Suit: Enormous Clothing Trend Continues at SP-Arte Fair

Some readers may recall that at last year’s edition of NADA’s Miami Beach art fair, no less than three exhibitors showed up with artworks that took the form of oversized articles of clothing—a fleece jacket by James Viscardi at The … Read More


Market SP-Arte 2015
Michael Werner Gallery, with work by Marcel Broodthaers on the wings and James Lee Byars at center. High mysticism, aesthetically and conceptually.

From a Gorgeous Bridget Riley to a Gargantuan Pile of Cookies: A Look Around SP-Arte 2015

When the 11th edition of the SP-Arte fair opened to invited guests this morning at 11 a.m. in Saõ Paulo, all was quiet. The few collectors on hand strolled through the airy, curvaceous 1957 building that Oscar Niemeyer designed for the … Read More


Market News The Talent
Sarah Koch. COURTESY CONTEMPORARY ISTANBUL

Silvia Koch Named Director of Contemporary Istanbul

Contemporary Istanbul announced today that Silvia Koch will be the director of the Turkish art fair’s 10th edition. Koch comes from artnet, where she oversaw galleries from Berlin and London for the past seven years.Currently slated for November, the 10th … Read More


Market Previews SP-Arte 2015
PSH projects, Miami and Bogotá and La Paz, Colombia Gastón Ugalde, Red V, 2013, C-print, 43¼ x 63 inches. COURTESY PSH PROJECTS

Preview SP-Arte 2015

The 11th edition of the SP-Arte fair opens April 9 in São Paulo, with a VIP preview on April 8. The fair will include 159 galleries from around the world, including blue-chip outfits like David Zwirner, Gagosian, and White Cube, … Read More


Market News
The Fontainebleau lobby.COURTESY FONTAINEBLEAU MIAMI BEACH

NADA Miami Beach Will Move to the Fontainebleau Hotel

NADA Miami, the New Art Dealers Alliance’s fair during Art Basel Miami Beach in December, will be moving to the Fontainebleau Hotel on Collins Avenue for its 2015 edition. NADA opened in Miami in 2003, and in 2009 moved to … Read More


Market Previews
Nathalie Karg Gallery / Cumulus Studios, New York Jim Drain, Untitled (Bench), 2012, powder-coated stainless steel, and aluminum, 44 x 22 x 18 inches.

Preview the 2015 Dallas Art Fair

The seventh edition of the Dallas Art Fair opens April 10, with a gala preview on April 9 to benefit the Dallas Museum of Art, the Nasher Sculpture Center, and Dallas Contemporary. The fair will include 94 galleries from around … Read More


Graphics Market
photography_auctions_v6-01

How Has the Photography Market Been Doing?

The annual March/April photography auctions just wrapped up in New York, ringing in a total of $17.2 million for the three big houses—Sotheby’s, Christie’s, and Phillips. As the graph above shows, it was a close fight, with Phillips bringing in a touch more than its … Read More


Market News
unnamed-3

247365 Gallery Moves Manhattan Location

New York’s 247365 gallery has announced that they will be move their Manhattan outpost from a modestly sized basement space on Eldridge Street location to a larger two-floor location less than a mile away at 57 Stanton Street. The new spot will be christened with a group show called … Read More


Market News
Auctionata.com

Auctionata Secures $45 M. in Latest Funding Round

Online auction house Auctionata has closed its series C financing round with a total investment of €42 million ($45 million), under the advisement of international investment bank GP Bullhound. Warsaw-based MCI Management led the round, with newcomers including Hearst Ventures … Read More


Graphics Market

Asia Week Auctions Haul in Rip-Roaring $250.7 M. at Big Two Houses, a Record

New York’s annual Asia Week concluded last Saturday, and its organizers have since reported a stunning $360 million in sales. That figure represents an 80-percent increase over last year, with the big two auction houses, Sotheby’s and Christie’s, accounting for nearly 70 percent of that haul. As … Read More


Market News
Les femmes d’Alger (Version “O”)COURTESY CHRISTIE'S

Loic Gouzer Follows Up ‘Gritty’ Sale With Auction Featuring Potentially Historic Picasso

Loic Gouzer, international specialist at Christie’s auction house, has organized a special contemporary evening sale during the spring auctions in New York for the second year in a row, this one called “Looking Forward to the Past.” It is a … Read More