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Thursday, May 15, 2025 |
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Seven-figure sales, museum acquisitions, and expanded audiences at TEFAF New York 2025 |
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The European Fine Art Foundation (TEFAF) presented the 11th edition of its signature New York fair at the Park Avenue Armory, May 9-13, 2025.
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NEW YORK, NY.- The European Fine Art Foundation (TEFAF) presented the 11th edition of its signature New York fair at the Park Avenue Armory, May 9-13, 2025, with an invite-only preview on May 8. Overall visitorship grew 10% for the fairs six-day run, and strong sales were noted across the more than 90 international exhibitors. In addition, the fair continues to be a magnet for museums and the larger art and design industry.
TEFAF is proud of our crucial role in nurturing a vibrant global art community, fostering connections between collectors, institutions, exceptional works of art, and the worlds leading galleries and art dealers, said Leanne Jagtiani, Director of TEFAF New York. Besides facilitating robust sales across categories, the fair served as a marketplace for exchanging ideas and expertise.
SALES OVERVIEW
The sales action was high in the historic rooms of the Park Avenue Armory, an exclusive feature TEFAF NY. The highlight of the fair for Ben Hunter (Stand 201) was the sale of Bridget Rileys Reverse (1963) with an asking price of over $7 million. Ben Hunter also saw strong primary sales, with three works by Christopher Page selling with an asking price of more than $46,000.
Karma (Stand 211) most notably sold Milton Averys Morning Dunes (1958), a significant painting in the artists mature style, priced at $2 million, to a private collection. In addition, the gallery sold a recent painting by Reggie Burrows Hodges, priced at $325,000; an early painting by Abstract Expressionist Manoucher Yektai, priced at $300,000; Jeremy Frey's Tidal (2025), priced at $80,000; and a small sculpture by Thaddeus Mosley, priced at $65,000.
In the Armorys main Drill Hall, David Zwirner (Stand 347) sold four sculptures priced between $320,0002.8 million and six works on paper priced between $50,000 - 160,000 from its focused booth of works by Ruth Asawa. Stellan Holm Gallery (Stand 377) also sold a work by Andy Warhol priced around $1 million. Lucas Ratton (Stand 351) placed Untitled (The Color of a Yam), a work on paper by Jean-Michel Basquiat from 1985, as well as several works of African tribal art.
Museums were on the floor shopping, including a private institution that picked up the large centerpiece sculpture by Lee Bontecou from Marc Selwyn Fine Art/Ortuzar (Stand 104). The shared Marc Selwyn Fine Art/Ortuzar booth also sold the sculptors Untitled (1959) in the range of $2 million. Galerie Gisela Capitain (Stand 311) sold a stained glass work from 2023 to an American museum and a gouache on canvas by Lukas Quietzsch for more than $23,000 to an Asian museum.
"We were very pleased with the quality and atmosphere of TEFAF, which once again proved to be a highlight of the art fair calendar, said Anne-Claudie Coric, Executive Director of TEMPLON (Stand 326). We saw particularly strong interest in our artists, including Japanese sculptor Chiharu Shiota (works ranging from $70,000 to $100,000), whose thread sculptures draw considerable attention; American painter Will Cotton, fresh off his solo show opening in New York ($22,000$175,000); French abstract artist François Rouan ($150,000), known for his intricate braided canvases."
Across the aisle, Galerie Patrick Seguin (Stand 331) celebrated the architectural work of Jean Prouvé by displaying, for the first time, large elements from the Croismare School (1948). We had a great fair; visitors responded with enthusiasm to the museum-quality display. There was significant interest from collectorsa Jean Prouvé house was sold on the first day, and several other demountable houses are currently reserved. We have now begun discussions with collectors architects to explore installation possibilities and logistical requirements, commented Hugo Laquerbe, Director of Galerie Patrick Seguin.
Hazlitt Howard (Stand 314) sold two works to American collectors by Howard Hodgkin, Knitting Pattern (2015-2016) for an asking price of $395,000 and Living Room (1999-2006) for an asking price of $925,000. Tina Kim (Stand 358) sold four paintings, including Lee Ufans Response (2024) in the range of $750,000950,000; Kim Tschang-Yeuls Waterdrops (1981) in the range of $200,000300,000; Ha Chong-Hyuns Conjunction 18-82 (2018) in the range of $200,000300,000; and Ha Chong-Hyuns Conjunction 23-81 (2023) in the range of $300,000 400,000. Sales highlights at Lisson Gallery (Stand 342) included Sean Scullys Wall Tappan Deep Red (2025) for $500,000; Dalton Paulas Zacimba Gaba (2025) for $200,000; Kelly Akashis Be Me (A Thousand Flowers), 2021 for $50,000; and Olga de Amarals Tierra y fibra 3 (1988).
Beck & Eggling International Fine Art (Stand 368) sold a work by Manolo Valdes for $380,000 and a work by Alberto Giacometti for $130,000. White Cube (Stand 355) sold Tracey Emins You please me (2022) for nearly $400,000, Julie Mehretus color aquatint etchings titled Six Bardos: Hymn (Behind the Sun) (2018) for $250,000, and Ed Ruschas acrylic on canvas Brave Men Study I (1995). Thaddaeus Ropac (Stand 345) sold its full booth of canvases by Daniel Richter, each priced at over $470,000.
Almine Rech (Stand 322) confirmed numerous sales, including one lithograph by Pablo Picasso that was over-painted by the artist for between $500,000550,000; one work by Ali Cherri for $150,000170,000; one work by Dylan Solomon Kraus for $20,00025,000; one work by Marie Laurencin for $300,000350,000; one work by Ines Longevial for $40,00050,000; works by Chloe Wise for $25,00030,000 each; and works by Zio Ziegler for $55,00070,000 each.
David Tunick (Stand 371) sold Paul Cézannes remarkable double-sided portrait drawing of the artists only son for six figures, titled Three Portraits of Paul and studies after Pedro de Moya and Tintoretto (recto) Portrait of Paul and Studies (verso), (c. 1879-1880).
Cardi (Stand 341) sold Josef Alberss Alleged Symmetry (1944) for $490,000 to an American collector; Piero Manzonis Achrome (1962) for more than $330,000 to another American collector; Agostino Bonalumis Bianco (1989) for an asking price of $120,000; Davide Ballianos UNTITLED_0305 (2024) and UNTITLED_0302 (2024) for an asking price of $35,000 each; and Mimmo Rotellas Giallo-bianco-nero (1980) and Blank Demi Frame (1980-1981) for $55,000 each.
Sean Kelly (Stand 330) also reported the sales of a group of works, including Yves Kleins La Victoire de Samothrace, for $17,500; a gelatin silver print of Kleins memorable performance Leap Into the Void, October 27, for $35,000; Janaina Tschäpes oil stick on canvas Summer thoughts (2025), for $95,000; a pencil and charcoal on paper by Jannis Kounellis for $25,000; two Hugo McCloud oil paintings for $115,000 each; and Mariko Moris crystal-like sculpture Plasma Stone II (2017-2018), for $325,000.
Through a dynamic salon-style hanging, Gladstone Gallery (Stand 344) sold over 55 of George Condos drawings for $15,000150,000 to American clients and international collectors visiting the fair. From its solo booth featuring Anne Imhof, Sprüth Magers (Stand 306) sold three pencil-on-paper works for between $11,000 and $33,000, as well as a bronze cast for over $280,000.
Osbourne Samuel (Stand 360) placed works in several American and Swiss private collections. Their sales included two bronzes by Henry Moore that sold within minutes of each other, as well as a work on paper by the artist titled "Women Winding Wool" (1948). Osbourne Samuel also sold Ben Nicholsons "1940 (Painting)" (1940), a painting by Bridget Riley, and a large-scale sitting figure by Lynn Chadwick (1989). Skarstedt (Stand 304) also saw robust interest in its solo booth of works by Eric Fischl.
Galleria d'Arte Maggiore (g.a.m.) (Stand 369) sold a brass sculpture by Fausto Melotti titled "Trofeo di caccia II" (1961), while Tornabuoni Art (Stand 353) sold multiple works, including a metaphysical piazza by Giorgio De Chirico and an embroidery and ballpoint pen airplane work by Alighiero Boetti. Richard Saltoun (Stand 205) sold Peter Collingwoods "Macrogauze M.84, No. 11" (1984) and Yvonne Pacanovsky Bobrowiczs "Cosmic Series" (2000).
Leon Tovar (Stand 366) had a successful TEFAF NY, including the sale of four works Emma Reyes, Flor (1976), White Poppy (1979), Untitled (1972) and Untitled (1967). W&K/Wienerroither & Kohlbacher (Stand 308) sold Alfred Kubins drawing Dying Pope (1905-1906). In addition, Anna Weyant's presentation of new paintings created especially for the fair sold out at Gagosian (Stand 350).
David Aaron (Stand 212) sold The Hultmark Horus, a bronze sculpture, for nearly $700,000 to a private buyer. A private collector also acquired a set of 20 small works on paper by Jean Dubuffet from a series of vignettes the artist created for his daughter in 1983 from Waddington Custot (Stand 316). Waddington Custot also sold a watercolor painting by Bernard Boutet de Monvel, Fortieth street depuis le Radiator Building (1932), and a bronze work by Barry Flanagan. Axel Vervoordt (Stand 206) sold works by Shiro Tsujimura.
Design dealers also saw robust interest from TEFAFs engaged audiences. Modernity (Stand 370) sold several pieces by Josef Frank, including a table lamp with an asking price of $10,500, a pair of floor lamps with an asking price of $14,000, and a dining table with an asking price of $90,000. Modernity also sold two Surrea Vases by Wilhelm Kåge, each with an asking price around $90,0000, two ceiling lamps by Harald Notini with an asking price of $39,000 each, and a ceiling lamp by Paavo Tynell with an asking price of $200,000. Friedman Benda (Stand 325) sold the Squid Chair with Desk, a unique work made by Wendell Castle in 1966; Christopher Le Bruns painting Forerunners (2022); and Ettore Sottsasss ceramic Monumento di Merda Alle Patrie (1966). Galerie Chastel-Maréchal (Stand 318) sold a living room set (circa 1952) by Jean Royère to a private European collector and Guy De Rougemonts Nuage (Cloud) coffee table (circa 1970) to an interior designer from Los Angeles.
High jewelers, including Boghossian (Stand 102) and Ana Khouri (Stand 373), also benefited from their presentation alongside modern and contemporary art. Didier Ltd (Stand 105) sold a high-carat gold pendant medallion decorated in sunken relief with a rampant bull produced by Pablo Picasso in collaboration with the artists dentist, Dr. Philippe Châtaignier, as well as a textured gold pendant adorned with a sunken relief red enamel bird by Georges Braque.
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