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yves klein painting sells for 21 4 m at christies paris 1234758742

A 14-foot-wide Yves Klein painting, *California (IKB 71)*, sold at Christie’s Paris for €18.4 million ($21.4 million), setting a new auction record for the artist in France. The work, the largest format Klein made in his signature International Klein Blue, was the cover lot of the house’s *Avant-garde(s) including Thinking Italian* sale and had been in the same New York collection since 2005. Christie’s recently uncovered that the painting stopped in New York en route from Paris to California, where it appeared in a show with dealer Leo Castelli.

fog design and art fair 2024 2420674

The FOG Design and Art Fair celebrated its 10th anniversary with a buoyant 2024 edition at San Francisco's Fort Mason Center, opening January 18. The fair saw brisk sales, including a Jim Hodges canvas sold for $115,000 at Gladstone Gallery and multiple works by Anicka Yi, Yayoi Kusama, Wolfgang Tillmans, and Ruth Asawa at David Zwirner. Tina Kim Gallery sold works by South Korean artists Kim Tschang-Yeul and Ha Chong-Hyun, as well as two Pacita Abad pieces, with one fetching $200,000 to $250,000. The San Francisco Museum of Modern Art (SFMOMA) acquired several works for its permanent collection via the FOG Forum Fund, including pieces by Maria Pergay, Duyi Han, and Katie Stout.

kenny schachter column larry g michael werner gallery 2719655

Kenny Schachter's column reports on the fallout at Michael Werner Gallery following the departure of star artist Peter Doig. Co-owner Gordon VeneKlasen is accused of expensing luxury items—including private jets, Hamptons helicopter rides, and even a solo helicopter trip for his Labrador Retriever—while the gallery faced financial strain. The partnership is dissolving, with VeneKlasen moving to Los Angeles to open his own gallery and listing his West Village home for $20 million. Meanwhile, Schachter also notes Pace Gallery's financial troubles, with founder Arne Glimcher stepping in to stabilize operations.

venus over manhattan closing adam lindemann 2665314

Adam Lindemann announces the closure of Venus Over Manhattan, the gallery he founded in 2012 after a career as a contemporary art collector and writer. The gallery opened with a show titled "À Rebours," inspired by a novel about a decadent aristocrat, and featured works by Warhol, Hammons, and others—a show that famously saw a Dalí stolen from the wall. Over its 14-year run, Venus Over Manhattan mounted exhibitions including a Maurizio Cattelan show during a market lull, a Calder installation with spotlights and fans, and a show mixing African masterpieces with works by Koons, Prince, and Hirst. Lindemann reflects on the challenges of opening a gallery against advice, the theft that made international news, and the quiet validation he received from artists like David Hammons.

art sg 2026 sales report 1234771224

ART SG concluded its 2026 edition at Singapore’s Marina Bay Sands with steady sales and a reported attendance of 43,000 visitors. While the fair lacked the million-dollar trophy sales seen in previous years, blue-chip galleries like Thaddaeus Ropac and White Cube reported significant transactions, including a £475,000 Raqib Shaw painting and a sell-out presentation of Lee Bae works by Johyun Gallery totaling $2.76 million. The event also featured a strategic partnership with S.E.A. Focus, integrating the boutique fair into the main hall to highlight regional talent.

jeffrey epstein leon black gagosian picasso sculpture 1234771752

Newly released documents from the Department of Justice reveal that the late financier and convicted sex offender Jeffrey Epstein was deeply involved in facilitating major art transactions between mega-collector Leon Black and Gagosian gallery. The files detail Epstein's personal communications with Black's lawyers regarding the acquisition of Pablo Picasso's 1931 sculpture *Buste de Femme (Marie-Thérèse)*, a work that was the subject of a legal dispute before Black acquired it for over $115 million. Epstein also assisted in a complex $48 million swap of a Rothko painting for a Picasso through Gagosian in 2012.

david lynch home studio sale 1234751869

The Hollywood Hills home of the late filmmaker, musician, and artist David Lynch has been listed for sale at $15 million. The 2.3-acre compound, originally built in 1963 by Lloyd Wright (son of Frank Lloyd Wright), was expanded by Lynch over his 35 years of residence to include two neighboring lots. It features 10 bedrooms, 11 bathrooms, an art studio, a workshop, and a private screening room. The property served as both living quarters and workspace, and was even used as a film set for Lynch's 1997 movie *Lost Highway*. The listing shows that the home survived the recent destructive fires in the area, from which Lynch had evacuated shortly before his death in January 2025.

One of Van Gogh’s greatest watercolours could achieve a record price

Sotheby's New York will auction Vincent van Gogh's watercolor *The Harvest in Provence* (June 1888) on May 19, with an estimate of $25–35 million. The work, larger and more elaborate than a related watercolor at Harvard, was created just days before van Gogh's celebrated oil painting of the same scene. It is signed and titled, suggesting the artist considered it a finished piece rather than a mere study, and he sent it to his brother Theo before completing the oil version.

maurice sendak auction christies 2633435

Christie's will auction over 100 objects from Maurice Sendak's personal collection on June 10, 2025, at Rockefeller Center, with an online component from May 29 to June 10. The sale includes works by Dürer, Rembrandt, David Hockney, Pablo Picasso, George Stubbs, and William Blake, as well as rare editions of Blake's *Songs of Experience* (1794) and *Songs of Innocence* (1789), a vintage Mickey and Minnie Mouse tinplate toy, and 30 lots by Sendak himself, including a first-edition cover of *Where the Wild Things Are* (1963). Proceeds will support the Sendak Fellowship residency program at the Sendak Foundation in Ridgefield, Connecticut.

Dallas Art Fair brings Texas's relationship-driven collecting community into focus

The Dallas Art Fair has returned for its 2026 edition, signaling a period of stability with approximately 90 exhibitors and a higher retention rate than previous years. The fair continues to serve as a vital hub for the North Texas collecting community, characterized by a deliberate, relationship-driven approach to acquisitions. Notable activity included the Dallas Museum of Art's acquisition of six works for its permanent collection, including pieces by Nicole Eisenman and Raymond Saunders, funded through a $100,000 partnership with the fair's foundation.

new york fair 2025 new buyers sales 1234752844

Independent 20th Century, a New York art fair held September 4–7 at Casa Cipriani, reported that 74% of buyers were new clients of participating dealers, with 100 works sold—up from 87 in 2024. The highest sale was Ilya Kabakov's *Colourful Noise #2* for $650,000 at Galerie Brigitte Schenk, a 65% increase over last year's top sale. Nine of 30 exhibitors sold out their booths, and institutions acquired 18 works, compared to three in 2024. The fair also announced its 2026 edition will move to Sotheby's new headquarters in the Breuer building, marking a first-of-its-kind collaboration between a contemporary art fair and an auction house.

josh brolin felix podcast 2746728

Actor Josh Brolin recently appeared on the Felix Podcast to discuss his extensive journey as an art collector, revealing the challenges even Hollywood stars face when navigating the gallery system. Brolin shared anecdotes about being placed at the back of waiting lists for high-demand artists like Danielle Mckinney and the humbling experience of having to prove his sincere passion for works to dealers like Jeffrey Deitch. The conversation highlighted his collection, which includes works by George Condo, Shara Hughes, and Jammie Holmes.

rebecca salsbury james 2729784

Rebecca Salsbury James, an artist who mastered reverse painting on glass and colcha embroidery, is gaining renewed attention. Born in 1891 in London to parents involved in the Buffalo Bill Wild West Show, she later moved to Taos, New Mexico, where she lived until her death in 1968. She was married to photographer Paul Strand, a close friend of Georgia O'Keeffe, and exhibited at Alfred Stieglitz's gallery. Recent milestones include her inclusion in the 2025 Site Santa Fe International, a new acquisition by the Georgia O'Keeffe Museum, and a record auction price for her work at Christie's in 2016.

magritte drawing ebay rago wright auction 2633720

An anonymous buyer purchased an untitled René Magritte drawing on eBay for $1,580 in January 2025. The work, executed in ballpoint pen, colored pencil, and pencil on paper, will be auctioned by Rago/Wright in Lambertville, New Jersey on May 21 with a high estimate of $150,000—a nearly hundred-fold increase. The drawing depicts three giant white chess pieces towering over a landscape and once belonged to Mora Henskens, companion of Harry Torczyner, a friend and collector of the artist. It was acquired by Henskens from Magritte's widow, Georgette Berger Magritte, and later sold through VanDeRee Auctions before appearing on eBay.

ken griffin global recession iran strait of hormuz 1234781281

Billionaire hedge fund manager and prominent art collector Kenneth C. Griffin has issued a stark warning regarding the global economy, stating that a recession is inevitable if the Strait of Hormuz remains closed through the end of the year. Speaking at the Semafor World Economy summit, Griffin highlighted that the closure of this vital oil passageway has created energy shocks and treacherous conditions for central bankers, potentially forcing further interest rate hikes to combat inflation.

sales roundup art basel qatar 2743601

The inaugural edition of Art Basel Qatar launched with a unique booth-less format, prioritizing single-artist presentations and regional connections over the typical high-speed frenzy of European fairs. While the pace of transactions was more measured, significant sales were reported, including a $250,000 video installation by Kutlug Ataman sold by Niru Ratnam to an institution and multiple works by regional stars like Ahmed Mater and Ali Cherri. High-value blue-chip items, including a $42 million Picasso, remained tucked away in private viewing rooms to accommodate the region's preference for discretionary collecting.

warhol muhammad ali 18 million art basel miami beach sale 1234765235

Lévy Gorvy Dayan sold Andy Warhol's 'Muhammad Ali' (1977) for $18 million during the VIP preview of Art Basel Miami Beach. The painting, autographed by Ali and formerly owned by Richard L. Weisman, was displayed just a few hundred feet from the Miami Beach Convention Center, where Ali defeated Sonny Liston in 1964. The consignment was kept secret until ten days before the fair, and the work drew crowds of buyers and admirers, including Ali's sons and figures connected to Warhol's 'Athletes' series.

Ed Ruscha | Ed Ruscha - Reading Ed Ruscha (Hand Signed by Ed Ruscha) (2012) | Available for Sale

A hand-signed offset lithograph poster by Ed Ruscha, created for the 2012 "Reading Ruscha" exhibition at the Kunsthaus Bregenz in Austria, is available for sale. The poster features an iconic 1971 photograph of the artist by Jerry McMillan and is noted for its rarity, with Ruscha having signed fewer than 50 copies for the institution.

The 10 Best Booths at Art Basel Miami Beach 2025

Art Basel Miami Beach returned for its 23rd edition on December 3, 2025, with VIP previews at the Miami Beach Convention Center. The fair features 283 galleries from 43 countries, alongside nearly 20 satellite fairs including NADA and Untitled Art. Notable sales include a $5.5 million Gerhard Richter painting at David Zwirner and a $15 million Frida Kahlo miniature self-portrait at Weinstein Gallery. Director Bridget Finn expressed optimism about the fair's energy and its role in connecting contemporary art with music, fashion, and film.

After 14 years with Pace, Yoshitomo Nara's work now represented by David Zwirner

Japanese artist Yoshitomo Nara, renowned for his kawaii-inspired paintings and sculptures, has switched gallery representation from Pace Gallery to David Zwirner after 14 years. David Zwirner, which has locations in New York, Hong Kong, London, Los Angeles, and Paris, will hold its first solo exhibition with Nara at an unspecified future date in New York. Nara will continue to work with his international agent, Equivalence Art Agency, and Pace Gallery will maintain a relationship with the artist. Nara's career includes major solo shows at institutions like the Albertina Modern in Vienna, the Hayward Gallery in London, and the Los Angeles County Museum of Art.

Frieze VIP day defined by dealers’ resilience

Frieze New York's VIP opening on Wednesday saw strong attendance despite economic uncertainty following President Donald Trump's April 2 tariff announcement, which caused stock market volatility. Gallerists reported early sales driven by institutional buyers, with works by Tuan Andrew Nguyen, Rashid Johnson, Lorna Simpson, Claire Tabouret, and WangShui finding homes at museums including the Moderna Museet, Dallas Museum of Art, and Heredium Museum. Notable sales included Jeff Koons's Hulk (Tubas) for over $3 million at Gagosian and a solo stand sellout for Claire Tabouret at Perrotin.

Art market 2026 predictions: underwhelming rebound and another Frieze fair

The article presents five predictions for the art market in 2026, following a relatively improved but still cautious end to 2025. Key forecasts include a subdued market rebound, a shift toward smaller and cheaper artworks, the continued expansion of Frieze fairs (possibly into India), a consolidating Art Basel, and a resurgence of London's art-world clout. The predictions are informed by trends such as declining demand for art as investment, gallery closures and geographic pruning, and the thematic direction of the 2026 Venice Biennale, curated by the late Koyo Kouoh under the title "In Minor Keys."

15 Outstanding Artworks from the May 2025 New York Art Fairs

Artsy's editorial team curated a selection of 15 outstanding artworks from the seven art fairs taking place in New York during May 2025, including TEFAF, NADA, Esther II, Future Fair, Independent, and 1:54. The article highlights specific works such as Brandon Morris's "Teapot (Desire for No Tomorrow)" at Esther II, and notes that the fairs range from blue-chip offerings at TEFAF to emerging art at NADA, all compressed into a single week.

wade guyton artwork inigo philbricks flops at sothebys 1234755862

A Wade Guyton artwork (2007) that was forfeited by Inigo Philbrick's business partner Robert Newland failed to sell at Sotheby's New York in late March 2025, carrying an estimate of $200,000 to $300,000. The same piece had previously sold for $208,000 at a U.S. Marshals Service auction in Texas in August 2023, a steep decline from its $490,000 sale at Sotheby's in 2015. Another Guyton from the same forfeiture—a 2018 piece owned by Philbrick himself—sold for $215,100 at the Texas auction, representing a 65% drop from its 2018 Christie's Paris sale of €535,500 (about $625,000). The article also notes a curious discrepancy: the Texas auction catalog listed a Phillips auction house label on the 2007 Guyton, but Phillips does not appear in the work's provenance, and Philbrick was known to do business with Phillips.

gene hackman collection auction bonhams 2700910

Selections from actor Gene Hackman's personal collection, including artworks and film memorabilia, were sold across a series of auctions at Bonhams in New York from November 19 to December 4. The three sales collectively realized $3 million, with all 400-plus lots finding new homes. Highlights included a Milton Avery painting that fetched $508,500, a Richard Diebenkorn etching that sold for $419,600, and Hackman's Golden Globe awards, with his trophy for *The Royal Tenenbaums* bringing in $51,200. Hackman, who died in February at age 95, was also an artist himself, having studied at the Art Students League of New York and maintained a studio in Santa Fe.

marianne faithfull art collection auction bonhams 2719054

Bonhams auctioned 29 lots from the collection of late musician and actor Marianne Faithfull in its recurring 'Sound & Cinema' online sale, which concluded on November 24. The lots included eight artworks personally owned by Faithfull, such as an intimate portrait by South African painter Marlene Dumas that sold for $5,806—exceeding its estimate—and works by Anita Pallenberg, Martin Sharp, and others. The entire Faithfull consignment brought in $85,723, with proceeds going to her son Nicholas Dunbar.

georgia okeeffe herman miller furniture 2639652

Herman Miller has launched the New Mexico Collection, a limited-edition furniture line inspired by Georgia O'Keeffe's desert home in Abiquiú, New Mexico. Created in collaboration with the Georgia O'Keeffe Museum, the collection includes the Eames Wire Chair Low Base (300 pieces, $1,995) and the Girard Snake Table (100 pieces, $895), both drawing on O'Keeffe's friendship with textile designer and architect Alexander Girard. The chair reimagines a prototype gifted to O'Keeffe by Charles and Ray Eames, while the table is based on a never-produced Girard design from the 1950s.

state of the art market understanding regional differences in the globalized art market 2444281

Artnet News and Morgan Stanley have released an analysis of the global art market, examining auction performance by artists from different regions over the past decade. The report breaks down sales by region—North America, Europe, Asia-Pacific, Africa, Latin America and the Caribbean, and the Middle East—and by genre categories including Old Masters, Impressionist and Modern, Postwar and Contemporary, and Ultra-Contemporary. Key findings show that North American and European artists dominate the market, while African-born artists have seen notable but uneven growth, and Asia-Pacific-born artists have experienced a marked decline.

Renoir Not Seen in Public for 97 Years Will Go Up for Auction in May

A major portrait by Pierre-Auguste Renoir, "La femme aux lilas (Portrait de Nini Lopez)" (1876–77), will be sold at Christie's on May 18. The painting, which has been held privately by the Whitney Payson family for 97 years, is expected to fetch between $25 and $35 million.

who will art basel draw to doha 2653063

Art Basel will launch a new fair, Art Basel Qatar, in Doha in February 2025, featuring around 50 exhibitors. The expansion into West Asia follows the fair's earlier move into Hong Kong in 2013 and reflects the region's growing wealth and cultural development. Vincenzo de Bellis, Art Basel's director of fairs, stated the company aims to attract collectors from the entire Middle East and North Africa (MENA) region as well as South Asia. The announcement has drawn interest from collectors and curators across Asia, including those from the United Arab Emirates, Malaysia, and India, who see the fair as a potential turning point for Doha's art scene.