Five seasons ago, the Gerardi family expanded the market to include a 42- by 90-foot state-of-the-art greenhouse. Over the years, Gerardi’s has grown into a borough landmark, offering a wide variety ...

Geopolitical tensions, economic volatility and trade fragmentation” drove the market down, according to the Art Basel and UBS ...

Global art sales sagged 12% last year to $57.5 billion, according to a report from Art Basel and UBS that’s widely considered the best way to track the “notoriously opaque” international art market.

Sales in the global art market declined by 12% year-on-year in 2024 to an estimated $57.5 billion, according to the Art ...

The art market had a brutal 2024, with global sales declining 12% by value, according to a new report by Art Basel and UBS. The pain was spread across borders. Sales in the US fell 9% by value year ...