Frieze New York Kicks Off with Seven-Figure Sales and High Energy: ‘It’s a Fiesta’

Frieze New York kicked off its preview day at the Shed in Manhattan with strong sales and high energy, as many attendees arrived fresh from the Venice Biennale. Galleries reported brisk presales and early placements, with White Cube selling major works by El Anatsui and Antony Gormley for seven-figure sums, and other dealers like James Cohan Gallery nearly selling out their booths. Collectors, advisors, and celebrities including Anderson Cooper, Michael Stipe, and Leonardo DiCaprio were spotted, while the Brooklyn Museum made acquisitions through the new Sherman Family Foundation Acquisition Fund.

Robert Mnuchin's $85.7m Rothko leads Sotheby's $407.5m auction in New York

Sotheby's evening auction in New York on May 13, 2025, realized $407.5 million ($433.1m with fees), led by Mark Rothko's "Brown and Blacks in Reds" (1957) from the collection of the late dealer Robert Mnuchin, which sold for $74m ($85.7m with fees). The sale opened with all eleven lots from Mnuchin's collection achieving a 'white glove' result, totaling $140.7m ($166.3m with fees), and continued with a mixed-vendor contemporary section that added $223m ($266.8m with fees), setting four new artist records.

‘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.

The Most Expensive Jean-Michel Basquiat Works Ever Sold at Auction

ARTnews published a listicle ranking the most expensive Jean-Michel Basquiat works ever sold at auction, updated as of May 15, 2026. The article traces Basquiat's rise from street artist under the moniker SAMO to a major figure in the downtown New York scene, highlighting key relationships with Keith Haring, Diego Cortez, and curator Henry Geldzahler. It notes that Basquiat's entire mature output was created between 1981 and 1984, and that his 1983 painting *Museum Security (Broadway Meltdown)* sold at Sotheby's in May 2026 for $52.7 million, placing it among his top sales. The piece also details earlier top sales, including *Untitled* (1982) for $29.3 million at Christie's in 2013 and *Flesh and Spirit* (1982–83) for $30.7 million at Sotheby's in 2018.

How Christie’s Recruited Nicole Kidman to Sell S.I. Newhouse’s $100 Million Brancusi

Christie's has released a promotional video featuring actress Nicole Kidman to advertise the upcoming auction of Constantin Brancusi's bronze sculpture *Danaïde* (1913), estimated at $100 million. The sculpture comes from the collection of the late media mogul S.I. Newhouse, who purchased it for $18.2 million in 2002. The nearly two-minute film, shot at Christie's Rockefeller Center headquarters, shows Kidman interacting with the work and was conceived by former Sotheby's auctioneer and Newhouse estate advisor Tobias Meyer. The sale is scheduled for May 18 in New York.

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.

Cai Guo-Qiang joins White Cube

White Cube now represents Cai Guo-Qiang, making the British gallery the first to represent the Chinese-born, New York-based artist known for his gunpowder paintings. The announcement coincides with White Cube’s solo presentation of Cai’s ongoing gunpowder painting series featuring birds at Tefaf New York (14-19 May). Cai had a solo show at White Cube’s Bermondsey space last autumn, titled *Gunpowder and Abstraction 2015-2016*, his first London presentation since his large-scale project at Tate Modern in 2003.

$2.2 million El Anatsui work leads Frieze New York 2026 sales.

Frieze New York 2026 opened its 15th edition at The Shed in Manhattan on May 13th with a VIP preview, drawing collectors, museum directors, artists, and celebrities like Leonardo DiCaprio, Julia Fox, and Sharon Stone. The fair features 68 galleries from 25 countries and runs through May 17th, with a $2.2 million work by El Anatsui leading reported sales.

Tefaf New York wishlist: a Tiffany window and an Egyptian goddess with a nose job

The article highlights three standout artworks being offered at Tefaf New York. A Tiffany Studios stained-glass window, "Birches and Irises" (around 1915), designed by Agnes Northrop, is priced at $1.25 million through Macklowe Gallery. An Egyptian goddess bust from 570-526 BC, rediscovered at a regional auction in England and later authenticated after scientific study, is offered for £1.5 million by David Aaron. A painting by Cecily Brown, "Functor Hideaway" (2008), is listed at $3.9 million by Berggruen Gallery, coinciding with her current exhibition at London's Serpentine Gallery.

New £5.5m record for Islamic glass leads London sales

The spring Islamic and Indian art auctions in London, held at Sotheby's and Christie's in late April, achieved strong results despite geopolitical tensions. Sotheby's Arts of the Islamic World & India sales totaled £14.8m, while Christie's Art from the Islamic and Indian Worlds sale and the Mary and Cheney Cowles collection brought in £17.6m. The top lot was a rare 14th-century Mamluk gilded glass bowl from the Toledo Museum of Art, which sold for £5.5m—a new auction record for Islamic glass. Other highlights included a 17th-century Mughal astrolabe that sold for £2m at Sotheby's, setting a record for an Islamic scientific instrument, and strong sales of Iznik ceramics from two old English collections.

The Works, Trends, and Artists Artnet Specialists Can’t Stop Thinking About

Artnet Auctions has three sales currently live: Post-War and Contemporary Art (through May 20), Contemporary Editions (through May 29), and Private Sales for immediate purchase. Three Artnet specialists highlight key lots: Robert Rauschenberg's 'Corridor (Hoarfrost)' (1978), Emily Mason's 'Express Report' (1988), and Andy Warhol's 'Double Mickey Mouse' (1981). The specialists discuss market trends, including the growing importance of artist foundations in supporting scholarship and market health, the rapid revaluation of post-war women abstractionists like Mason, and shifts in the prints market as consignors leverage demand.

What is Nicole Kidman Doing in a Christie’s Video Promoting the Upcoming S.I. Newhouse Sale?

Christie’s has released a two-minute promotional video featuring actress Nicole Kidman interacting with Constantin Brancusi’s bronze sculpture *Danaïde* (1913), ahead of the S.I. Newhouse collection sale in New York. The sculpture carries a pre-sale estimate of $100 million, and the video—inspired by a Man Ray film of Lee Miller—shows Kidman dancing around the work to David Bowie’s “Golden Years.” The sale, scheduled for May 18, includes 16 masterpieces from the late media magnate’s collection, expected to total around $450 million.

A Joan Mitchell diptych and a rare stack by Donald Judd: our pick of the May auctions

The Art Newspaper highlights five major lots from New York's May 2025 auctions. Phillips offers Joan Mitchell's diptych 'Plain' (1989), estimated at $5-7 million, from the collection of late Miami art patron Tina Hills. Christie's presents Donald Judd's rare copper and red Plexiglas 'Untitled (Stack)' (1969), estimated at $10-15 million, from the Minimalist collection of the late Henry S. McNeil Jr. Sotheby's leads with Jean-Michel Basquiat's 'Museum Security (Broadway Meltdown)' (1983), estimated above $45 million, and Mark Rothko's 'Brown and Blacks in Reds' (1957), estimated at $70-100 million from the collection of late dealer Robert Mnuchin.

Sotheby’s $433 Million Contemporary Evening and Mnuchin Sales Kicked Off New York’s May Marquee Auctions

Sotheby's held two major evening sales in New York—the Mnuchin collection sale and The Now & Contemporary Evening Auction—generating a combined $433.1 million. The Mnuchin sale achieved a white-glove result of $166.3 million, led by Mark Rothko's *Brown and Blacks in Reds* (1957) which sold for $85.8 million, while the contemporary auction reached $266.8 million, with Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* as the top lot. The results fell within presale estimates but marked a 133% increase over last May's contemporary sales.

'V' from 'Hockney's Alphabet' , 1991

This article is a sales listing for David Hockney's limited-edition lithograph 'V' from the 1991 portfolio 'Hockney's Alphabet', offered by Baldwin gallery for £1,850. The work is signed by the artist and editor, comes with a certificate of authenticity, and is printed on Exhibition Fine Art Cartridge paper in an edition of 250. The listing includes a biography of Hockney, noting his iconic California pool paintings, his record-breaking $90.3 million sale at Christie's in 2018, and his representation by major international galleries.

Rothko from Robert Mnuchin collection fetches US$85.8m, becoming artist’s second-priciest work at auction

A red-and-black Mark Rothko painting, *Brown and Blacks in Reds* (1957), sold for US$85.8 million at Sotheby’s New York on May 14, becoming the artist’s second-most expensive work at auction. The canvas came from the collection of Robert Mnuchin, a former Goldman Sachs partner turned gallerist, and was the star lot of a dedicated 11-lot evening sale that totaled US$166.3 million. The winning bid was placed by Sotheby’s chairman Helena Newman on behalf of a telephone client, with the hammer falling at US$74 million against an estimate of US$70–100 million. The painting was originally owned by Joseph E. Seagram & Sons and hung in the lobby of the Seagram Building, a landmark of corporate modernism designed by Ludwig Mies van der Rohe and Philip Johnson.

Sotheby’s May Auctions: Rothko’s $100M Masterpiece Headlines

Sotheby's is holding its most ambitious May auction series in New York, headlined by Mark Rothko's monumental painting *Brown and Blacks in Reds* (1957), estimated at $70–100 million. The sales include a dedicated auction for the collection of legendary dealer and collector Robert Mnuchin, valued at over $130 million, featuring works by Rothko, Franz Kline, and Jeff Koons. Other highlights include Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* (1983), estimated at over $45 million, and Willem de Kooning's *Untitled III* (1975), making its auction debut with a $25–35 million estimate. The series spans Modern and Contemporary art, with additional works by Pablo Picasso and Vincent van Gogh.

The Top Collections Leading the May Marquee Auctions

The article reports that the May 2025 marquee auctions at Christie's and Sotheby's are being driven by a resurgence of major single-owner collections, reversing a period of trophy scarcity in the secondary market. Key collections include the $130 million Robert E. Mnuchin collection at Sotheby's, the personal collection of gallerist Marian Goodman at Christie's, and the S.I. Newhouse collection expected to generate around $450 million, featuring Jackson Pollock's 'Number 7A (1948)' and Constantin Brancusi's 'Danaïde (1913)'. The article notes that the ultra-high tier above $10 million rose 30% year-on-year, and single-owner collections in New York auctions totaled $730.9 million, an 89.9% increase from Q1 2025.

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.

Rothko Leads Sotheby’s $433.1 M. Contemporary Art Sale, UK Returns Artifacts to Ethiopia, and More: Morning Links for May 15, 2026

Sotheby’s kicked off the May marquee auction season with a $433.1 million result from its modern and contemporary art evening sales in New York. The sale was led by Mark Rothko’s painting *Brown and Blacks in Reds* (1957), which sold for $85.8 million from the estate of late dealer Robert Mnuchin, who had purchased it in 2003 for $6.7 million. The auction also saw strong results for works by women artists like Joan Mitchell and ultra-contemporary artists such as Ding Shilun and Yu Nishimura. Separately, the King’s Own Royal Regiment Museum Trust in the UK returned looted artifacts to Ethiopia, including a lock of hair and blood-stained cloth belonging to Emperor Tewodros II, taken during the Anglo-Indian Expedition of 1868.

Rothko from Robert Mnuchin’s Estate Sells for $85.8 M., Leading Sotheby’s New York’s $433.1 M. Contemporary Art Sale

Sotheby’s New York held a $433.1 million modern and contemporary art sale at its Madison Avenue headquarters, led by Mark Rothko’s *Brown and Blacks in Reds* (1957), which sold for $85.8 million. The auction opened with 11 works from the estate of legendary dealer Robert Mnuchin, totaling $166.3 million, including a second Rothko and pieces by Willem de Kooning, Franz Kline, and Pablo Picasso. The contemporary art segment followed, with Jean-Michel Basquiat’s *Museum Security (Broadway Meltdown)* (1983) selling for $52.7 million. The overall sale was described by advisers as robust but not particularly exciting, and it significantly exceeded the $186.1 million equivalent sale from last year.

Contemporary Icons and Modern Masters Headline This Major May Sale

Rago/Wright is hosting two major spring sales on May 14, 2026: 'Pure Edge: American Geometric Abstraction, Selected Works from the Museo de Arte Contemporáneo de Buenos Aires' and a Post War and Contemporary Art sale. The first features 19 works from the museum's premier collection of American geometric abstraction, while the second spans 20th- and 21st-century art. Highlighted lots include Sam Gilliam's 'Sun Woman' (1970, est. $300,000–$500,000), Annie Morris's 'Stack 7 (Ultramarine Blue)' (2015, est. $150,000–$200,000), Miyoko Ito's 'Adam and Eve' (1957, est. $200,000–$300,000), and Maria Martins's 'Impossible' (1946, est. $150,000–$200,000).

Market Outlook for New York’s May Sales

New York's May sales season is underway with over $1.8 billion worth of art heading to auction at major houses including Sotheby's, where a monumental Rothko consigned by Robert Mnuchin is expected to fetch $70–100 million. Frieze New York opens at the Shed with 68 galleries, half of them local. Other notable developments include a major Banksy work hitting the auction block with one of its highest estimates ever, and the estate of sculptor Robert Therrien leaving Gagosian after nearly 30 years to join David Zwirner.

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.

What Does a Booth Cost at a New York Art Fair?

Hyperallergic surveyed 13 New York art fairs about their booth pricing, revealing a wide range of costs from $3,500 at NADA Projects to over $105,000 for large booths at Frieze. The article details specific pricing tiers at Frieze ($31,977–$105,717), NADA ($3,500–$11,000), and Independent ($110 per square foot), noting that Frieze has kept 2025 prices for its 2026 edition and that NADA's costs have remained stable since 2022. The investigation also highlights the debut of the Sherman Family Foundation Acquisition Fund at Frieze and the partnership between Independent and the Henry Street Settlement.

Hoffnung auf Rekorde bei Auktionen in New York

New York's major auction houses, Sotheby's and Christie's, are gearing up for their spring sales with high-value consignments from prominent collections. Sotheby's will auction Mark Rothko's "Towering Brown and Blacks in Reds" (1957), estimated at up to $100 million, from the estate of investment banker Robert Mnuchin. Christie's is offering works from the collection of the late gallerist Marian Goodman, including Gerhard Richter's "Kerze" (1982) valued at up to $50 million and "Mohn" (1995) around $15 million, alongside pieces from the estates of publisher S. I. Newhouse and collector Agnes Gund, with a Constantin Brâncuși sculpture and a Jackson Pollock painting each estimated at $100 million, and another Rothko at $80 million.

Ed Ruscha | Angel (2014) | For Sale

Ed Ruscha's 2014 lithograph "Angel" is being offered for sale through Leslie Sacks Gallery in Santa Monica. The work is a unique color trial proof from an edition of 60, measuring 23 by 16 inches, hand-signed and numbered by the artist, and includes a certificate of authenticity. The listing appears on Artsy, where the price is available on request, and notes increased collector interest over the past 14 days.

Joan Miró | Silence (1967) | For Sale

Joan Miró's 1967 lithograph 'Silence' is being offered for sale by Epicentrum Art Gallery for €6,000. The work is a limited edition print on Arches paper, hand-signed by the artist, and comes with a certificate of authenticity. Miró, a leading Surrealist and pioneer of automatism, created the piece during a prolific period of his career, and it is part of an edition of 100.

Arnaldo Pomodoro | Arnaldo Pomodoro - Untitled for Art and Research (Ca… (2003) | For Sale

Arnaldo Pomodoro's 2003 etching "Untitled for Art and Research (Ca…" is being offered for sale. The work is an artist's proof on wove paper, signed and annotated p.a., one of only 15 proofs aside from the regular edition of 150. It was created to support the "Art and Research" event in Milan, sponsored by the Mario Negri Pharmacological Research Institute, and published by Art 3, Alberto Serighelli. The piece is framed under UV Plexiglass and measures 12.75 x 12.5 x 1.5 inches framed.

It is the great Mark Rothko leading Sotheby's first auctions in New York

È il grande Mark Rothko a guidare le prime aste di Sotheby’s a New York

Sotheby's kicked off New York's art and auction week with two major sales on May 14, 2026, led by the highly anticipated Robert Mnuchin: Collector at Heart Evening Auction. The top lot was Mark Rothko's "Brown and Blacks in Reds" (1957), which sold for $85.8 million, the second-highest price ever for the artist at auction. The Mnuchin auction achieved a "white glove" sale, selling all 11 lots for a total of $166.3 million, followed by The Now & Contemporary Evening Auction which brought in $266.8 million. Combined, Sotheby's generated $433.1 million, a 133% increase over its May 2025 session. The sales reflect a strong return of high-value trophy lots to the secondary market, driven by the dispersal of prominent collectors' estates.