Art market

Art marketanalysis

The art market is more neoliberal factory farm than finely balanced ecosystem: now is the time to 'rewild' it

The Covid-19 crisis presents an opportunity for artists to reclaim power from the institutions that buy, sell and show their work

Shipwrecked, disinherited, imprisoned, accused of being a Gunpowder Plotter: Tudor adventurer’s portrait hits the block

Portrait thought to be of Thomas Arundell is to be auctioned at Woolley & Wallis this week

Berlin Art Week: shows in disused airports and nightclubs defy gloomy predictions

From Berghain's lockdown exhibition to the Brücke Museum's Vivian Suter display, here's what to see in the reigning contemporary art hub this week

Manhattan's first and only freeport to close

Arcis, a high-tech $50m art storage facility in Harlem, opened in 2018 and allowed for tax-free transactions

Status of $4.8m Modigliani painting challenged as legal battle over artist's catalogues raisonnés ramps up

French expert Marc Restellini claims substantial modifications to Italian painter's 1915 portrait of Beatrice Hastings were not mentioned by Christie's when the picture was sold—twice

Art Basel cancels Miami Beach edition in December

The fair's organisers say they have "no other option" as Covid-19 cases in Florida stay stubbornly high and US travel restrictions remain in place

Unrepresented minority artists get a boost at virtual edition of SP-Arte

In light of recent social shifts, major market events "need to rethink, reinvent and rejuvenate" by including more under-represented classes of artists, director says

Sotheby’s teams up with the Keith Haring Foundation to auction Haring’s personal collection for charity

All works—by artists such as Basquiat, Warhol and Rammellzee—will make their auction debut in the sale, which is expected to make $1m for the LGBTQ nonprofit the Center

#ArtistSupportPledge—what happened next to the ‘lifeline’ that helped artists survive during lockdown?

Instagram scheme rallying art community in the wake of the pandemic has so far generated £60m

Undeterred by pandemic and political tumult, Western galleries expand to Greater China

The New York dealer Edward Ressle opens a space in Shanghai, in the footsteps of the UK's Flowers Gallery and France's Villepin ventures in Hong Kong

Christie’s to hold marquee sales in New York in early October—but will Sotheby's follow suit?

With no Frieze Art Fair, contemporary art London sales at Christie’s, Sotheby’s and Phillips will now take place at the end of October, when Fiac is due to open in Paris

Phillips rolls out 'Articker' to predict the next hot artists through exhibitions and media coverage

Like a stock ticker, the new data platform scrapes the internet to give users a constant stream of information about art

Whitney Museum cancels show following artists' accusations of exploitation

Many black artists objected to an exhibition after they discovered their work had been acquired by the museum through discounted sales to benefit anti-racism causes

London's £20m Cromwell Place gallery hub to open on 10 October

Complex, housed in five townhouses in South Kensington, was due to open in May but the launch was delayed due to the coronavirus lockdown

Alberta Whittle named the winner of this year's Frieze Artist Award

Exploring themes around the fear of contagion and xenophobia, the new film commission will debut online as part of the virtual edition of Frieze London

Lawnews

Bathurst family sues art lender over Gainsborough painting offered as collateral by disgraced dealer

The noble family, whose ancestors are depicted in the work, says Art Finance Partners should have known Timothy Sammons did not legally own the painting

Belarus art collector Viktor Babariko, rival to President Alexander Lukashenko, jailed before election

Former chairman of Belgazprombank, which owns works by Chagall and Soutine, was arrested in June on charges of laundering $430m but many suspect it was politically motivated

Photo London abandons socially distanced fair to go online

Decision "feels like natural progression for the market”, exhibitor says

Artistscomment

Remembering the beautiful melancholy of Matthew Wong

The astronomical increase in the value of works by the Canadian artist, who died by suicide last year, is driven by morose opportunism

Art marketanalysis

In the first partnership of its kind, Phillips and Poly Auction set their sights on Hong Kong

Mutually beneficial collaborations between Western and Chinese auction houses are on the rise

Lisson Gallery announces representation of US painter Van Hanos with Hamptons show

As Manhattan’s wealthy prolong their stays on Long Island, executive director Alex Logsdail says he is likely to extend his lease until September 2021

War declared over lucrative Modigliani 'monopoly' as Wildenstein Plattner Institute fights back at Marc Restellini

Institute is claiming copyright ownership and right to publish expert’s research, alongside share of profits from Institut Restellini which it claims charges €30,000 per inquiry

All change at Tefaf: finance chief takes on managing director role as art fair reduces New York staff

Charlotte van Leerdam will take on additional role as organiser of Maastricht and New York events as Sofie Scheerlinck steps down and chief executive is not replaced

Douglas Latchford's death reignites unresolved controversy over alleged smuggling of Cambodian antiquities

News of the death of dealer and expert in South East Asian art raises strong reactions and unanswered questions

Art adviser sues Rudy Giuliani for $15k in unpaid fees

A lawsuit says the former New York City mayor and lawyer for Trump hired an advisory firm to appraise the value of his collection during a bitter divorce battle

Chicago galleries eat up restaurant reservation app to buoy business

After a months-long shut down of in-person visits, a group of dealers have turned to online reservation systems initially built to support restaurants

Superblue experiential art centre to launch in Miami this December

New commercial venture aims to capitalise on the rise of immersive artworks by selling tickets rather than objects

Yves Bouvier evaded paying taxes on £276m of art sales, Swiss authorities claim

Switzerland's Federal Criminal Court ordered documents unsealed that call into question whether the dealer declared all profits from sales made to Dimitry Rybolovlev

Anna Brady. , with additional reporting by Vincent Noce