Phillips Modern & Contemporary Sale Nets $115.2 M., With Strong Results for Women Artists

Phillips’ modern and contemporary art evening sale on Tuesday achieved $115.2 million against a presale estimate of $84.2 million, its highest since 2022. All 40 lots sold, with standout results for works by living artists like Joseph Yaeger, whose painting fetched $477,300 against a $60,000 estimate, and Anna Weyant, whose work sold for $980,400. Works by 20th-century female artists including Lee Bontecou, Olga de Amaral, and Helen Frankenthaler also exceeded expectations, with Bontecou’s pastel setting a record for a two-dimensional work by the artist at $4.3 million.

‘I am very decisive’: designer Jennifer Gilbert on what she collects and why

Designer, entrepreneur, and philanthropist Jennifer Gilbert, based in Detroit, is selling select works from her contemporary art and design collections at Sotheby's in New York this spring to fund the opening of her own cultural space, Lumana, in Detroit's Little Village neighborhood. Highlights include Joan Mitchell's 1976 canvas *Loom II* (est. $5m-$7m) and Kenneth Noland's 1958 *Circle* (est. $4m-$6m), with proceeds supporting new generations of artists and institutions. Gilbert, who serves on the boards of Cranbrook Academy of Art and BasBlue, recently featured works from her collection in the exhibition *Seen/Scene* at the Shepherd art space.

Robert Therrien Estate Leaves Gagosian for David Zwirner, Olney Gleason Now Represents Jill Magid, and More: Industry Moves for May 6, 2026

The ARTnews article reports a series of significant gallery representation changes and industry moves in the art world as of May 6, 2026. Key shifts include the Robert Therrien Estate leaving Gagosian for David Zwirner, Olney Gleason now representing Jill Magid, and several other artists—Tianyue Zhong, Africanus Okokon, Seung Ah Paik, Khalif Tahir Thompson—joining or switching galleries. Miriam Machado has been named director of the Patricia and Phillip Frost Art Museum. The article also notes the rising costs and commercial realities of staging exhibitions at the Venice Biennale, including a Christie's selling show at Palazzo Ca' Dario.

The shifting market for luxury: can legacy brands navigate new trends and buyers?

Bénédicte Épinay, president and CEO of Comité Colbert, is organizing 'Hidden Treasures,' an exhibition of French luxury brands at The Shed in New York in late May 2025, timed after Frieze art fair and auction week. The show features 96 French luxury brands, 17 cultural institutions, and six European luxury brands, including Musée du Louvre, Balenciaga, Louis Vuitton, and Cartier. The initiative is part of a broader cultural diplomacy strategy, following a similar exhibition in Shanghai in 2024 that helped reduce tariffs on cognac. The article also notes shifting luxury market dynamics, with strong US sales growth projected at 8% in 2026, while Europe remains stagnant, and emerging markets like India show new wealthy buyers driving auction house growth.

In Pictures: the best of Venice at Frieze New York

Frieze New York 2025 features a curated selection of works by artists also showing at the Venice Biennale, including Precious Okoyomon, Alma Allen, Dayanita Singh, Alvaro Barrington, and Paulo Nazareth. The fair highlights pieces ranging from Okoyomon's intimate works on paper at Mendes Wood DM to Allen's bronze wall sculpture at Perrotin, priced between $30,000 and $150,000. Other notable stands include Nabil Nahas's fractal-inspired painting at Lawrie Shabibi and P420, Singh's archival photographs at Frith Street Gallery, and Barrington's carnival-themed paintings at Emalin, alongside a sculpture by Sung Tieu.

'Reflection of resilience': Art Dubai's war-postponed edition opens to healthy sales

Art Dubai's 20th anniversary edition opened at Madinat Jumeirah after being postponed from April to May due to the US-Israel war in Iran and regional missile threats. Around 75 exhibitors dropped out, leaving roughly 50 participants, mostly from the region. The fair was reorganized in just eight weeks under executive director Benedetta Ghione and new director Dunja Gottweis, who created a new floor plan in a day and a half. The scaled-back format includes an embedded digital section, and initial sales have been strong, with works by Samira Badran, Mostafa Al Hallaj, Safeya Sharif, Alyazia Al Nahyan, Roudhah Al Mazrouei, and Nabil Anani selling at prices ranging from $3,500 to $360,000.

Studio 54 Fine Art Is Betting on a More Nimble Gallery Model

Studio 54 Fine Art, founded and directed by Gary Williamson, is pioneering a nimble gallery model without a permanent brick-and-mortar space, instead meeting collectors through rotating physical exhibitions and behind-the-scenes matchmaking. The gallery is currently presenting the exhibition “Empire of Silence: The Untamed Majesty of Rowan Blackwell” in Switzerland, featuring large-scale photographs of wild animals by artist Rowan Blackwell, on view through August 31. Williamson, who transitioned from luxury goods and property investment to founding the gallery in Milan in 2016, emphasizes a focus on quality, provenance, and long-term value, with a roster of artists selected for technical mastery and distinctive vision.

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.

New fund helps museums make purchases at Frieze New York

The Sherman Family Foundation Acquisition Fund has launched at Frieze New York, providing $50,000 annually to help US museums acquire works from the fair's Focus section, which features solo stands by galleries under 12 years old. In its first year, the Baltimore Museum of Art acquired works by Reika Takebayashi, Seba Calfuqueo, and Joanne Burke, while the Brooklyn Museum acquired two works by Bettina (Bettina Grossman). Each artist also receives an unrestricted $5,000 award.

Frieze New York 2026 Sales Report & Contemporary Art Market Trends

Frieze New York 2026 concluded with significant sales activity, as galleries reported strong demand for blue-chip contemporary works. The fair featured a mix of established and emerging artists, with notable transactions including major paintings by living artists and secondary market pieces. Dealers noted a cautious but steady market, with collectors focusing on high-quality, investment-grade works.

FAD News: Major museum acquisitions and strong sales drive Frieze New York 2026

Frieze New York closed its 15th edition at The Shed with strong sales, major museum acquisitions, and 25,000 visitors from 75 countries. The fair featured 68 galleries from 26 countries and launched the inaugural Sherman Family Foundation Acquisition Fund, enabling the Brooklyn Museum and Baltimore Museum of Art to acquire works by Bettina from Ulrik, Reika Takebayashi, Seba Calfuqueo, and Joanne Burke. Notable sales included El Anatsui works for $2.2 million and $1.9 million at White Cube, a Georg Baselitz painting for €1.4 million at Thaddaeus Ropac, and a James Turrell light work in the $900,000–$1 million range at Almine Rech. Latin American representation grew to 14 galleries, and the Focus section curated by Lumi Tan drew strong institutional attention.

Blue-Chip Names Anchor Showplace’s Art and Design Auction

New York's Showplace is hosting its Important Fine Art and Design Auction on May 14, 2026, featuring 145 lots that span Old Masters to contemporary works. Key highlights include Yayoi Kusama's *Infinity Nets* (1995, est. $100,000–$200,000), Otis Kwame Kye Quaicoe's *Yellow Fanny Pack* (2021, est. $12,000–$18,000), Alexander Calder's *Paradis* (1976, est. $60,000–$80,000), Henri Martin's *L'Eglise de Labastide-du-Vert* (est. $60,000–$80,000), and Milton Avery's *Untitled (Winter Landscape Scene)* (est. $20,000–$40,000). The auction brings together blue-chip names like Warhol, Kusama, and Calder alongside emerging artists.

6 Black-owned Galleries Placing Artists in Major Museum Collections

Six Black-owned galleries—Mariane Ibrahim Gallery, Gallery Guichard, Galerie Myrtis, Richard Beavers Gallery, and Jenkins Johnson Gallery—are profiled for their success in placing artists into major museum collections. Each gallery has built institutional relationships that lead to acquisitions by museums such as the Baltimore Museum of Art, the Metropolitan Museum of Art, the Museum of Fine Arts, Boston, and the Bronx Museum, often retaining artists through the placement stage to capture long-term market value.

Our 7 Favorite Artworks Under $10,000 from the 2026 New York Art Week Fairs

New York Art Week 2026 features over 350 art fair booths across Manhattan, with six major fairs forming the core of the event. The article highlights seven favorite artworks priced under $10,000, offering accessible entry points for collectors during the city's busiest art season.

Comment | Flourishing markets beyond the big three will benefit the art ecosystem—and the planet

The article analyzes the shifting dynamics of the global art market, reporting that regions outside the traditional 'big three' hubs of the US, UK, and China have increased their market share from 17% in 2015 to 24% in 2025. This shift is driven by nationally protective regulations like Brexit and tariffs, which have stifled the free circulation of contemporary art. While the US market remains dominant at 44%, countries such as South Korea, Switzerland, Japan, and Australia have seen growth, and emerging cultural energy is noted in places like Bangkok, Warsaw, Margate, and Qatar.

Robust Sales at Sotheby’s, Phillips Suggest Art Market Upswing

The May 19 evening sales at Sotheby’s and Phillips generated a combined $419.1 million, signaling a potential recovery in the contemporary and modern art market. Sotheby’s brought in $303.9 million—60% more than the previous year—led by a record-breaking $48.4 million Matisse, while Phillips achieved $115.2 million, more than double its 2025 sales. Both auctions saw high sell-through rates, with 98% and 100% of lots sold respectively. Notable lots included a $42.6 million Picasso, a $29.4 million van Gogh drawing, and strong performances by female artists like Lee Bontecou, Joan Mitchell, and Helen Frankenthaler.

10 Works Under $10K at Frieze New York 2026

Frieze New York 2026 offers a selection of artworks priced under $10,000 in its online Viewing Room, making the fair more accessible to a broader range of collectors. Featured works include Esther Pearl Watson's UFO-themed paintings of rural America and Nobuyoshi Araki's intimate photographs of his cat, among other affordable pieces from various galleries.

Victor Vasarely | Pink Composition (1980) | For Sale

Victor Vasarely's 1980 serigraph "Pink Composition" is being offered for sale through Palm Beach Modern Auctions. The limited-edition print, signed and numbered 183/300, is executed on Arches paper and measures approximately 70 × 51 cm. The listing provides detailed condition notes, bidding terms, and a 28% buyer's premium, with the auction house encouraging in-person inspection and advance shipping quotes.

Art Market Auctions Recovered Late 2025, But Not A "Comeback" – Citi Wealth

Citi Wealth's report, "State of the Art Market 2026: Don’t Call It A Comeback," finds that the global art market entered 2026 with renewed optimism, but confidence is highly selective and concentrated at the high and accessible ends. The November 2025 Modern and Contemporary Art auctions in New York surged 77% year-on-year to $2.2 billion, driven by the record-breaking $236.4 million sale of Gustav Klimt's *Portrait of Elisabeth Lederer* from the Leonard Lauder collection. However, numerous galleries closed in 2025, including BLUM gallery and Venus Over Manhattan, and traditional hubs like London and New York face slow growth while emerging regions gain influence.

Frieze New York ‘Focus’ Stand Prize Winner Announced

The article announces the winner of the Frieze New York 'Focus' stand prize, a dedicated award for emerging galleries at the fair. The prize recognizes outstanding presentation and curatorial vision among the Focus section participants.

Phillips’ Evening Sale of Modern & Contemporary Art More than Doubles Auction Total from the Previous Year

Phillips’ Evening Sale of Modern & Contemporary Art achieved a total that more than doubled the previous year's auction result, driven by strong demand for works spanning the 19th to 21st centuries. The sale opened with three lots exceeding their high estimates, including record prices for Lee Bontecou's rare 'Untitled' (1985-2001), which set a new record for any two-dimensional work by the artist after nearly five minutes of bidding. Other records were set for Pat Passlof, P.S. Krøyer, and Joseph Yaeger. Top lots included Andy Warhol's 'Sixteen Jackies' ($16.2 million), Claude Monet's 'La Route de Vétheuil, effet de neige' ($9.9 million), and Jackson Pollock's 'Untitled' ($9.2 million). The sale also featured works from The Collection of Ambassador John L. Loeb, Jr., which achieved a combined $8.4 million, with two Vilhelm Hammershøi works acquired by prominent institutions.

La grande artista Carla Accardi e l’arte italiana sono da record nell’asta da Dorotheum a Vienna

Dorotheum opened its Contemporary Week in Vienna on May 19, 2026, with modern and contemporary art sales that achieved strong results, particularly for Italian artists. Carla Accardi set a new auction record when her 1986 triptych *Fonda Notte Pieno Giorno* sold for €520,000, while works by Piero Dorazio, Emilio Vedova, Marino Marini, and Gino Severini also far exceeded their estimates. Top lots included Claude Monet’s *Waterloo Bridge* (€611,000) and Mikuláš Medek’s *Too Deep a Sleep V* (€546,000).

Sotheby’s Summer Sale Gathers $433.1M, Thanks To Rothko Painting

Sotheby’s summer contemporary auction in New York raised $433.1 million, far exceeding the $186.1 million from its comparable sale last year. The highlight was the $85.8 million sale of Mark Rothko’s *Brown and Blacks in Reds* (1957) from the estate of late dealer Robert Mnuchin and his wife Adriana, whose 11 blue-chip works fetched $166.3 million against a $130 million estimate. Other top lots included Jean-Michel Basquiat’s *Museum Security (Broadway Meltdown)* at $52.7 million and Willem de Kooning’s *Untitled III* at $26 million.

Tuan Vu | Nhat Binh (2026) | Art & Prints

This article presents the artwork "Nhat Binh" (2026) by Vietnamese Canadian artist Tuan Vu, offered through Kristin Hjellegjerde Gallery. The painting, executed in oil and oil stick on linen, measures 35 2/5 × 29 1/2 inches and is a unique, hand-signed work accompanied by a certificate of authenticity. The listing includes details about the artist's background, his immigration to Canada as a refugee, his shift from engineering to full-time art practice in 2021, and his exhibition history including a solo show at Simard Bilodeau Contemporary in 2023 and subsequent shows in Berlin, London, New York, and across Canada.

Jorge Nava | Untitled (2022) | Art & Prints

This article presents Jorge Nava's 2022 painting "Untitled," an oil-on-linen work measuring 180 × 180 cm, offered by Arma Gallery in Madrid. Nava, a Spanish artist born in Gijón in 1980, studied at the University of the Basque Country and Kunsthochschule Berlin Weissensee under Professor Katherina Grosse. His career includes participation in international fairs such as ARCO, CIRCA in Puerto Rico, Scope Art Fair in New York, and Photo Miami Art Basel, as well as exhibitions at Alzueta Gallery and the Barjola Museum. His work belongs to collections including the María Cristina Masaveu Peterson Foundation and private collections across Europe and North America.

Lucio Santiago | LA ESPERA (2015) | For Sale

Lucio Santiago's bronze sculpture "LA ESPERA" (2015) is listed for sale at US$3,400 through Bernardini Art Gallery & Auction House. The work measures 23 × 19 × 19 cm, is unique, and signed. Lucio Santiago, born in 1987 in Oaxaca de Juárez, is the son of artist Alejandro Santiago. His artistic training includes workshops in photography at the Manuel Álvarez Bravo center and with Katy McFadden, as well as graphic art at Gráfica Bambú and a three-year residency at La Ceiba in Xalapa. His first solo exhibition was in 2007, and he has since shown in Europe and the US. His work explores themes of life and death, incorporating wings, skeletons, mutilated bodies, and animals like eagles, fish, and coyotes.

Post-War & Contemporary Art

Freeman's auction house is presenting a 'Post-War & Contemporary Art' sale featuring 83 lots that span eight decades of art history. The auction includes notable works such as a Richard Mayhew landscape, an Andy Warhol text-based canvas, a Robert Rauschenberg solvent transfer, a Peter Halley abstraction, and monumental outdoor sculptures by Allan Houser. Other highlights include pieces by Caio Fonseca, Jamie Nares, Beverly Pepper, and a range of contemporary voices like Ann Craven, Bunny Rogers, and Sterling Ruby.

Sotheby's May Marquee Sales unveiled | Led by Rothko's $70 - 100M Canvas

Sotheby's has unveiled its May marquee sales, headlined by Mark Rothko's monumental painting "Brown and Blacks in Reds" (1957), estimated at $70–100 million. The sales open with a dedicated auction of works from dealer and collector Robert Mnuchin, followed by The Now & Contemporary Art Evening Auction on May 14, led by a Jean-Michel Basquiat painting valued at over $45 million. Additional highlights include works from the collections of Jean and Terry de Gunzburg, Jennifer Gilbert, and David and Shoshanna Wingate, alongside a Modern Evening Auction on May 19 featuring Pablo Picasso's "Arlequin (Buste)" (est. over $40 million) and Vincent van Gogh's "La Moisson en Provence" (est. $25–35 million).

Vânia Quintão | Cold Afternoon (2023) | For Sale

Brazilian artist Vânia Quintão is offering her 2023 painting "Cold Afternoon" for sale through Inn Gallery. The acrylic-on-canvas work, sized 70 × 100 cm, depicts a suspended, cool-toned landscape under a diffuse blue sky. Quintão, a self-described cultural producer and fundraiser based in Belo Horizonte, has exhibited internationally including at the Louvre Museum in Paris and won prizes at The Holly Art Exhibition (London) and Art Connects Women (Dubai). The work is hand-signed, includes a certificate of authenticity, and is priced at US$1,500.

Could TikTok become the place to buy and sell works of art?

TikTok potrà diventare il posto dove comprare e vendere opere d’arte?

TikTok Shop has launched a new "Fine Art" category, allowing users to buy and sell artworks directly within the app. The initiative was spearheaded by British artist-influencer Sophie Tea, who sold a series of 20 oil paintings titled "Bric-a-Brac" during a three-hour live stream that combined performance art, studio visits, and televised sales. Each piece sold for around £2,800, with TikTok taking a 9% commission. The move applies discovery commerce—where products find users through social feeds rather than active searches—to the art market, bypassing traditional gallery intermediaries.