[analyse_image type=”featured” src=”https:\/\/www.artnews.com\/wp-content\/uploads\/2026\/04\/b8cba0fc-cf5e-49c6-1b8d-b9824f1f2aeb.jpg?w=1024″]<\/p>\n
Editor\u2019s Note:<\/strong>\u00a0This story originally appeared in\u00a0On Balance,\u00a0<\/em>the ARTnews\u00a0newsletter about the art market and beyond.\u00a0Sign up here<\/em>\u00a0to receive it every Wednesday.<\/em><\/p>\n Industry Moves<\/strong><\/p>\n Patron\u00a0Gallery Adds Miao Wang to Its Roster:\u00a0<\/em><\/strong>The Chicago-based painter will be featured in a two-artist presentation\u00a0with Alice Tippit at Expo Chicago next week.<\/p>\n Open Restitution\u00a0Africa Launches AI-Powered Restitution\u00a0Data Platform:\u00a0<\/em><\/strong>The initiative has released a publicly accessible, bilingual database, alongside an AI tool that allows communities, researchers, and cultural professionals to query the archive for practical guidance\u00a0on\u00a0return processes.<\/p>\n Jessica Silverman Adds Koak to Its Roster:\u00a0<\/em><\/strong>The California-based Neo-Pop painter will have her first solo show with the San Francisco gallery in March 2027. A selection\u00a0of her work will appear at Expo Chicago next week.<\/p>\n Sundaram Tagore Gallery Opens London\u00a0Space:\u00a0<\/strong><\/em>With spaces in New York and Singapore, the gallery known for its focus\u00a0on\u00a0diasporic artists will open a multilevel space\u00a0on\u00a0Pall Mall featuring two floors of exhibition\u00a0space, a private viewing room, and a venue for screenings and performances.<\/p>\n Anat Ebgi Adds Veronica Fernandez to Its Roster:\u00a0<\/strong><\/em>The Los Angeles\u2013based painter has previously shown with Night Gallery, Pippy Houldsworth, and Thierry Goldberg. Her solo exhibition\u00a0\u201cPrey\u201d is\u00a0on\u00a0view at the gallery\u2019s Wilshire Boulevard space through April 4.<\/p>\n The Big Number: $164.9 M.<\/strong><\/p>\n \n\tThat was the\u00a0combined total, in dollars, for the spring marquee sales in Hong Kong across Christie\u2019s, Sotheby\u2019s, and Phillips last week.That result marked a significant rebound from last autumn\u2019s $136.3 million\u2014the lowest total in eight years\u2014and also surpassed last spring\u2019s comparable total of $139.9 million.<\/p>\n Read This.<\/strong><\/p>\n \n\tLeave it to Josh Kline,\u00a0one of the great observers of our failing economy, to write the definitive tract\u00a0on\u00a0how the New York art world has let its artists down.\u00a0On\u00a0social media this week, all New York\u2013based artists could talk about was \u201cNew York Real Estate and the Ruin of American Art,\u201d\u00a0his essay\u00a0for the newest issue of the academic journal\u00a0October\u00a0<\/em>, which attributes a national artistic crisis felt since the pandemic to the spiraling costs of apartments, studios, and galleries in Manhattan. To be an artist in New York today, Kline acidly notes, is \u201ccompletely unsustainable,\u201d and the market is but\u00a0one small factor in that. Here\u2019s Kline\u00a0on\u00a0who really benefits from commercial galleries in New York right now: \u201cThose fortunate few are artists whose careers are usually developed at great financial risk by young galleries that are unable to fully capitalize\u00a0on\u00a0their success. As their most financially successful artists leave for boomer galleries, Gen X or millennial galleries are left without any possibility of growing or competing with their elders.\u201d\u00a0\u2014Alex Greenberger, Senior Editor<\/em><\/p>\n<\/div>\n<\/div>\n [analyse_source url=”https:\/\/www.artnews.com\/art-news\/market\/patron-gallery-miao-wang-koak-industry-moves-1234779886\/”]<\/p>\n","protected":false},"excerpt":{"rendered":" [analyse_image type=”featured” src=”https:\/\/www.artnews.com\/wp-content\/uploads\/2026\/04\/b8cba0fc-cf5e-49c6-1b8d-b9824f1f2aeb.jpg?w=1024″] Editor\u2019s Note:\u00a0This story originally appeared in\u00a0On Balance,\u00a0the ARTnews\u00a0newsletter about the art market and beyond.\u00a0Sign up here\u00a0to receive it every Wednesday. Industry Moves Patron\u00a0Gallery Adds Miao Wang to Its Roster:\u00a0The Chicago-based painter will be featured in a two-artist presentation\u00a0with Alice Tippit at Expo Chicago next week. Open Restitution\u00a0Africa Launches AI-Powered Restitution\u00a0Data Platform:\u00a0The initiative […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[61,226],"class_list":["post-1864683","post","type-post","status-publish","format-standard","hentry","category-politics","tag-artnews-com","tag-crawlmanager"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1864683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1864683"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1864683\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1864683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1864683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1864683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}