At Frieze New York, Business Plunks Along, Leonardo DiCaprio Alights

At the VIP opening of Frieze New York, collectors were present but subdued, with galleries presenting modest displays and sales proceeding at a sensible, sedate pace. Despite the lack of urgency, business has improved since last year, buoyed by upcoming top-tier auctions. Thaddaeus Ropac confirmed four early sales, including a George Baselitz canvas for €1.4 million and an Alex Katz work for $400,000. David Zwirner’s booth of Joe Bradley paintings was among the buzziest, with all works on hold by early afternoon, while Cindy Sherman photographs at Hauser & Wirth sold steadily. Leonardo DiCaprio made visits, and Kelly Sinnapah Mary’s paintings at James Cohan Gallery sold out, the largest to a museum.

TEFAF New York Opened to Crowded Aisles, Bullish Collectors, and Strong Booths

TEFAF New York opened at the Park Avenue Armory with unexpectedly strong crowds and a buoyant mood, defying the typical afternoon lull. Dealers reported heavy foot traffic and sustained conversations, with gallerist Sean Kelly calling it the best edition in years. The fair, running through May 19, features a mix of antiquities, design, modern, and contemporary art, with standout booths including Alison Jacques’s pairing of Dorothea Tanning, Robert Mapplethorpe, and Gordon Parks, and Sean Kelly Gallery’s display of works by Shahzia Sikander and Sam Moyer. The newly launched Pace Di Donna Schrader Galleries made its TEFAF debut with works by Eugène Delacroix, Willem de Kooning, and Alexander Calder.

Botticelli Painting Banned from Export Will Stay in the UK

A Botticelli painting, *The Virgin and Child Enthroned* (1470s), previously placed under an export ban to keep it in the UK, has been acquired by the Klesch Collection. The work, valued at £10.2 million, will remain in England through a three-year loan to the Ashmolean Museum at the University of Oxford. The painting was bought in 1904 by Harriet Sarah Jones Loyd (Lady Wantage) from Italian dealer Elia Volpi, who had acquired it from the Magherini Graziani family.

7 Artists to Watch at the New York Fairs This Weekend

The article highlights seven artists and presentations to watch at the New York art fairs this weekend, including Frieze, TEFAF, Independent, and NADA. Key highlights include Comme des Garçons' sculptural fashion display at Independent, Danish painter Eva Helene Pade's U.S. debut at Thaddaeus Ropac's TEFAF booth, and sold-out booths for Kelly Sinnapah Mary at James Cohan and Rachel Youn at G Gallery during Frieze. The piece notes that while no single viral spectacle dominates this fair week, a quieter but compelling mix of works and sales is drawing attention across venues.

‘I told his family he was HIV positive’: Keith Haring’s best friend on life with the artist as unseen works go on show

A collection of unseen Keith Haring works, including a crib he painted for his best friend's unborn child, is going on display at Sotheby's New York before being auctioned in May 2025. The collection belongs to Kermit Oswald, Haring's childhood friend, and features 20 works, with a 1985 self-portrait estimated at $3m-$5m and the crib valued at $250,000-$350,000. Oswald shares intimate stories of their friendship, from childhood pranks in Kutztown, Pennsylvania, to their move to New York to study at the School of Visual Arts, and Haring's later collaboration with William Burroughs.

What Every Collector Should Know About Buying Performance Art

Artsy Editorial explores the complexities of collecting performance art, explaining that ownership typically involves acquiring documentation, scores, or rights to reactivate a performance rather than the live event itself. The article outlines how artists, dealers, and collectors navigate transactions for this ephemeral medium, addressing the challenges of preservation, display, and market value.

Carole A. Feuerman | Miniature Serena (with Blue-Green Tube) (2021) | For Sale

Carole A. Feuerman's sculpture "Miniature Serena (with Blue-Green Tube)" (2021) is being offered for sale. The work is an oil on resin piece with 24K gold leaf cap, table-top scale, measuring 10 x 17 x 8 inches, from a variant of 10. Feuerman, born in 1945, is an American sculptor and author credited with co-founding the Hyperrealist movement in the late 1970s, known for figurative works of swimmers and dancers. Her public sculptures have been displayed globally, including at Central Park, the National Portrait Gallery of the Smithsonian Institution, the Venice Biennale, and the State Hermitage Museum. She has received multiple awards, including the Medici Award, and her works are in the permanent collections of 31 museums and owned by notable figures such as Steven A. Cohen, former President Bill Clinton, and Dr. Henry Kissinger.

Quatre Moreau le Jeune pour Versailles

The French state has preempted four drawings by Jean-Michel Moreau le Jeune at a Christie's Paris auction, securing them for the Palace of Versailles. The works, sold in two lots, depict the festivities in Paris following the birth of the Dauphin Louis Joseph in autumn 1781, including the arrival of the Queen at the Hôtel de Ville and a fireworks display. The drawings were commissioned by the City of Paris and were intended to be engraved, marking a high point of public commissions under the ancien régime. The preemption was made possible through the support of the Friends of the Louvre, echoing a similar acquisition of Hubert Robert works from the same Veil-Picard sale.

Two Hubert Robert paintings from Madame Geoffrin offered to the museum by the Friends of the Louvre

Deux Hubert Robert de Madame Geoffrin offerts au musée par les Amis du Louvre

Two paintings by Hubert Robert, once owned by Madame Geoffrin, were acquired by the Musée du Louvre through a preemptive purchase at Christie’s Paris on March 25. The works sold for €1,950,000 hammer (€2,439,000 with fees) and are being donated to the museum by the Société des Amis du Louvre. The paintings, described as 18th-century snapshots, were part of the historic Veil-Picard collection and will undergo restoration before being displayed.

Yves Saint Laurent–Owned Mirrors Shatter Record, Selling for $33.5 Million

A unique set of fifteen mirrors custom-made for fashion designer Yves Saint Laurent and his partner Pierre Bergé sold at Sotheby’s for $33.5 million, setting a new auction record for the artist Claude Lalanne. The gilt bronze, copper, and mirrored glass mirrors, created between 1974 and 1985, were originally displayed in the couple’s Paris apartment and were purchased from the collection of Jean and Terry de Gunzburg.

Collectors' collective: Private art enthusiasts work together to bring world-renowned artists to Daejeon

Fourteen Korean collectors have formed a collective called Arche II to jointly acquire and display works by world-renowned artists in Daejeon, a city 140 km from Seoul. Their exhibition "Tracing the Unfinished" at the multidisciplinary complex Heredium features 30 works, including 14 jointly owned pieces, by artists such as Le Corbusier, Robert Longo, Olafur Eliasson, David Hockney, Yang Hae-gue, Anicka Yi, and Choi Byung-so. The group, founded in 2017 by business leaders including a radiologist and a former prosecutor, contributes a fixed annual budget to purchase three to five works at major art fairs, focusing on emerging artists rather than established names.

A Landmark Benjamin Franklin Collection Is Hitting the Auction Block

A landmark collection of Benjamin Franklin memorabilia assembled by sports and entertainment mogul Jay Snider is heading to Sotheby’s New York on June 24. The collection includes over 150 items—books, broadsides, letters, and manuscripts—tracing Franklin’s career from printer to scientist to diplomat. Highlights include a 1758 letter to Joseph Galloway (estimated $70,000–$100,000), a 1778 letter from George Washington introducing the Marquis de Lafayette (which sold for over $1 million in January), and a bound volume of Franklin’s electrical experiments ($75,000–$125,000). The full catalogue is valued at $3 million to $4.5 million, and 40 artifacts will be displayed at the Library Company of Philadelphia from May 5 to 7.

Billionaire Collector Ken Griffin Buys Second Rare Constitution Printing

Billionaire collector Ken Griffin has quietly acquired a second rare first printing of the US Constitution, known as the Van Sinderen copy, through a private deal after it was pulled from a planned Sotheby’s auction in 2022. Griffin, who previously paid $43.2 million at Sotheby’s in 2021 for another copy, now holds the only two copies of the 1787 document still in private hands. The newly acquired document will go on public display starting May 27 at the South Street Seaport Museum in New York, headlining an exhibition titled “The Promise of Liberty” that includes other foundational texts.

New Seoul art fair HIVE drops booth fees in market experiment

The inaugural HIVE Art Fair in Seoul, opening May 21 at COEX Magok, is testing an alternative business model that eliminates fixed booth fees. Instead, galleries can choose which services and installations to pay for through a "selective purchase system," with the fair relying on ticket sales, corporate partnerships, and promotional lounges for revenue. The fair features 48 galleries (36 South Korean, 12 international) and 158 artists, with no overlapping artists between galleries, and will display exhibition titles and curatorial statements alongside gallery names.