Low exhibitor turnover and deliberative buying underscore a market built on long-term connections, while younger dealers shape the city’s evolving cultural context

The shortlist for the Art Basel Awards spans artists, curators and collectors ahead of the June ceremony in Basel

Nearly two decades after its short-lived debut, the venerable German fair returns to Palma’s newly energised art scene with a strong showing of local galleries

Plus, Konstantin Andreevich Somov's birch trees and rhinoceros after Dürer are on sale this month

A motel in Pioneertown, a community in California's Mojave Desert, offers local grit and an antidote to art fair fatigue

Henry S. McNeil Jr.’s collection, led by a major Judd "stack" sculpture, is expected to exceed $30m at Christie's this spring

His works, painted on found wood and discarded tin, illuminate culture on the remote Saint Helena Island

The open-air exhibition KTX Biennial, curated by SculptureCenter’s Jovanna Venegas, will bring works by international contemporary artists to the city’s busy 3.5-mile pedestrian and cycling corridor

As collectors tire of mega-fairs and splurge on experiential travel, a new wave of boutique events seeks to draw buyers and sellers to places like Aspen, Joshua Tree, St Moritz and Mallorca

The evening brought in £197m, a 52% increase on last year's equivalent auctions

Our pick of the highlights from the March auctions

The fair's 45th edition opens as local exhibitors worry about the impact of the country’s prohibitive rate of VAT on art

Local galleries that stayed nimble during recent socioeconomic headwinds have emerged from the market downturn

A new painting by the artist Alexis Rockman, made using tar from Los Angeles’s famous La Brea Tar Pits

The firm's hometown fair will feature 290 exhibitors from 43 countries and territories

In a recalibrating market, auction houses are carefully balancing much needed fee revenue with compelling deals for both buyers and sellers

The week's sales also saw a near-record for a Canaletto painting and a seven-figure result for a 15th-century Hebrew illuminated manuscript

The Austrian gallery has hired a permanent senior director for its new project space in Manhattan

Plus, Rembrandt’s sleepy lion and a late Redon

Units in the Wynwood towers inspired by the anti-capitalist artist are priced between $500,000 and $1.6m

Thirty-six dealers will take part, with more exhibitors hailing from Europe

A rare painting by Sofonisba Anguissola resurfaced in a private collection after it was thought to have been lost

The supermodel has penned an essay for Nahmad Contemporary's upcoming show in Gstaad

Plus, a tapestry by Otobong Nkanga and Claes Oldenburg’s electric plug are on sale this month

Joseph Atsus was sentenced to 48 months in prison for his role in a string of robberies at museums in Pennsylvania, New Jersey, New York, Massachusetts and North Dakota

Roland Augustine helped start the influential Chelsea gallery more than 40 years ago

The sale at Bonhams comes just two months after Ross’s auction record was shattered in another charity auction

The works are included in an upcoming Christie's sale marking the 250th anniversary of US independence

Art Basel and Frieze are expanding in the Middle East while Art Cologne is reinstating its Mallorca edition

It is estimated to fetch more than double the category's existing record for a collection at auction