Art Basel Paris introduced a new preview event—which yielded huge sales. In New York, the Met announced a Liu Wei commission, and in London, Bonhams changed hands again. Here’s Ocula’s briefing on the past seven days in the art world.
The fair introduced its Avant-Première preview: a Tuesday opening for trusted clients ahead of the official VIP day. The new day yielded promising sales—Gerhard Richter’s Abstraktes Bild (Abstract Painting) (1987) made headlines, selling for $23 million at Hauser & Wirth’s booth. Other notable sales included a €4.2 million Alberto Burri canvas from Thaddaeus Ropac, an $11.5 million Julie Mehretu painting from White Cube, and a $7.5 million Ruth Asawa sculpture from David Zwirner.
The French art fair revealed in advance of its eleventh edition this week that it will expand to Milan. Paris Internationale serves as an alternative for emerging galleries during Art Basel Paris; its Italian fair will coincide with Miart next April.
The 231-year-old London-headquartered auction house has changed hands, with Pemberton Asset Management purchasing the company from private equity firm Epiris. The terms of the acquisition are undisclosed, although C-suite personnel changes have already ensued.
The Arts Council Korea has announced the theme for the Korean Pavilion at next year’s Venice Biennale. Curated by Binna Choi, Liberation Space will recall the three-year period following Japanese colonial rule, featuring work by artists Goen Choi and Hyeree Ro.
New York’s Metropolitan Museum of Art has picked the Chinese artist for its next Genesis Facade Commission. Four large-scale sculptures evoking ‘cycles of rupture and resistance’ will grace the museum’s front entrance from September 2026.
An environmental protester interrupted a speech by the British Museum’s chair of trustees at its Pink Ball fundraiser on 18 October. The protestor, from the group Energy Embargo for Palestine, criticised the museum’s continued sponsorship by oil and gas conglomerate BP.
Fondation Cartier opens this weekend in Paris; the private contemporary art museum will debut its new home at 2 Place du Palais-Royal, in a Haussmann-era building situated next to the Louvre. The inaugural exhibition will feature around 600 works from across the foundation’s collection.
The Louvre Museum reopened to the public on Wednesday following the theft of eight pieces from the French Crown Jewels worth approximately €88 million on Sunday morning. The thieves gained entry through the windows of the Apollo Gallery. An investigation is ongoing.
The contemporary art non-profit announced this week that it will close its gallery space on Canal Street in downtown Manhattan. Canal Projects will transition to a new grantmaking model from next May, committing approximately $3 million in arts funding over the following three years.
Sean Kelly Gallery has announced that its L.A. location, which opened in 2022, will only be used for private viewings after its current James Casebere and Jose Dávila exhibition ends on 1 November. The gallery maintains its New York base in Midtown Manhattan.
The Swiss gallery posted on Instagram on Tuesday that it will shut its doors on 25 October after the closing celebration of its current Wade Guyton exhibition. Founded in Bern in 1990, Galerie Francesca Pia has been a Zurich mainstay since 2007.
The British painter Celia Paul has joined the roster of Gladstone Gallery in New York, which now co-represents Paul in collaboration with her longtime European gallerist Victoria Miro. Her first solo show with the gallery will take place next year.
Parisian gallery Mennour has added the self-taught Algerian artist Baya (Fatma Haddad-Mahieddine) to its roster, in collaboration with the late artist’s family. The gallery will also produce catalogue raisonné of Baya’s oeuvre and establish an authentication committee.
Alison Jacques has announced representation of Pacita Abad, the late Filipino-American artist. The London-based gallery will represent Abad’s estate in partnership with Silverlens in Manila and Tina Kim Gallery in New York, and host its first solo exhibition of her work in 2027.
International mega-gallery Gagosian has partnered with the Richard Diebenkorn Foundation to represent the late Californian painter and printmaker. Gagosian will open a Diebenkorn exhibition at its 980 Madison Avenue location in New York on 8 November, the artist’s first with the gallery since 1993. —[O]
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