A previously unknown Gustav Klimt masterpiece has become the centre of an international art scandal after appearing at TEFAF Maastricht with a €15 million price tag.
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.
From lesser-known Meret Oppenheim works to Anna Weyant’s jewel-box paintings, this over-the-top New York fair is rich with gems waiting to be discovered.
TEFAF brings an air of prestige to three fairs it operates—one in the Dutch city of Maastricht, two in New York—and so it has accrued a special following with established collectors and high-ranking curators.
A bronze Osiris, a late sculpture by Lee Bontecou and Magritte’s first collage to feature his bowler-hatted man are among the finds at this year’s fair.
With the art market outlook uncertain, the New York fair aims to keep collectors coming, with a wide array of art and (relatively) less expensive prices.
New tariffs under the Trump administration have affected shipping activity at US ports, curbed international tourism, caused volatility in the stock markets, and spurred predictions of a global recession.
The May art fair calendar in 2025 is packed with cultural events beyond Frieze, including the second edition of Esther Art Fair and the uber-democratic, sometimes silly Fridge.
A striking early portrait by Gustav Klimt depicting Ghanaian Prince William Nii Nortey Dowuona may soon find a home in a major museum following its headline-grabbing debut at TEFAF Maastricht.