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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.

The Marcel Duchamps That Got Away: On Collecting His Work and the Sprawling MoMA Show

The article recounts the author's personal experience as a collector who passed up the opportunity to buy a complete set of Marcel Duchamp's readymades at a 2002 Phillips de Pury and Luxembourg auction. The set, editioned by dealer Arturo Schwartz in 1964, included iconic works like *Fountain* and *Bicycle Wheel*, but the sale was a financial failure, with many pieces bought-in or selling for far below expectations. The author later acquired some of the unsold works privately. The piece is framed around the concurrent Duchamp exhibitions at the Museum of Modern Art and Gagosian.

frieze los angeles art world grief hope

The Los Angeles art scene is navigating a complex recovery as it prepares for Frieze Los Angeles 2026. The city is grappling with the lingering trauma of devastating wildfires that destroyed significant private collections, alongside economic instability caused by massive layoffs in the entertainment industry and recent political unrest. This combination of environmental and financial crises has led to a notable market downturn, resulting in the closure of several high-profile galleries including Blum, Tanya Bonakdar, and Sean Kelly.

what is reference baiting art market

At Art Basel Miami Beach 2025, the art market showed a strong turn toward historical references, with galleries like Gagosian featuring Jeff Koons' antique-inspired sculptures and Takashi Murakami's reproductions of Cézanne and Van Gogh. The new Zero 10 sector, named after a 1915 Malevich exhibition, highlighted digital artists such as Beeple and Larva Labs. This trend reflects a broader "flight to quality" in an uncertain market, where collectors seek reassurance by associating emerging or overlooked artists with established historical names.

top artists december list

Artnet News published its quarterly list of the most exhibited living artists in U.S. museums for December 2025, compiled by tracking temporary exhibitions across hundreds of institutions. The list ranks artists based on the number and type of shows they appear in, prioritizing career retrospectives, dedicated exhibitions, and biennial appearances. Among the top artists featured are Marie Watt, whose touring print exhibition "Storywork" and numerous group show appearances earned her a high ranking, and Jeffrey Gibson, known for his installation at MASS MoCA. The article notes that Watt also won the $250,000 Heinz Award in September 2025.

want one of bob thompsons enigmatic paintings the best time to buy was yesterday

Artnet News reports on the rising market for African American painter Bob Thompson, who died at 28 in 1966 but produced thousands of works in a five-year span. His vibrant, narrative paintings—inspired by Old Masters, Greek mythology, and Modernism—have long influenced artists and curators, yet only recently commanded high auction prices. In 2024, all 16 lots offered sold, totaling $4 million, with a record $1.26 million for *Music Lesson* (1962) at Christie’s. The article traces his career from Louisville to Europe, his estate history with dealer Michael Rosenfeld, and current interest from collectors and institutions like the Whitney Museum and Smithsonian American Art Museum.

3 million jeff koons hulk sells on buoyant first day at frieze new york

At the VIP opening of Frieze New York on Wednesday, dealers reported strong sales despite economic uncertainty from Trump administration policies and trade war threats. The fair, recently sold to Hollywood powerhouse Ari Emanuel, returned to the Shed in Hudson Yards with 67 exhibitors. Gagosian Gallery generated the most buzz, selling one of three Jeff Koons Incredible Hulk sculptures—polychromed steel works priced around $3 million each—and placing a hold on another. Other notable sales included works by Tuan Andrew Nguyen, Tomie Ohtake, Sheila Hicks, Liza Lou, and Gertrude Abercrombie, with galleries like James Cohan, Galeria Nara Roesler, Thaddaeus Ropac, Karma, and Hauser & Wirth reporting brisk business.

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.

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.

A $15M De Kooning Leads Lévy Gorvy Dayan’s New Auction-Style Sales Experiment

Lévy Gorvy Dayan is launching LGD Hammer, a new live-bidding platform that blends private sales with auction dynamics. The inaugural sale on May 16 will feature a 1984 Willem de Kooning painting estimated at $10–15 million, led by co-founder Brett Gorvy, a former auction veteran. The article also reports on gallery closures (Stephen Friedman Gallery, Galerie Philipp Zollinger, Astor Gallery), artist moves (Zoe Leonard to Maxwell Graham, Kehinde Wiley among creditors), and Sotheby’s upcoming single-owner sale of Joe Lewis’s collection expected to exceed $200 million.

Christie’s to sell an almost unknown Van Gogh double-sided drawing

A previously obscure double-sided drawing by Vincent van Gogh, created in the final weeks of his life, will be auctioned by Christie's in Paris. The sheet features a study of female pea pickers on one side and a landscape on the other, complete with color notations indicating Van Gogh's intention to develop them into paintings. The work has been authenticated by the Van Gogh Museum and carries an estimate of €100,000-€150,000.

marianne faithfull art collection auction bonhams

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.

9 artists whose markets artnet pro appraised in depth in 2025

Artnet Pro has published a roundup of nine artists whose markets it appraised in depth during 2025, including Dorothea Tanning, Gertrude Abercrombie, Emily Kam Kngwarray, Jack Whitten, and Olga de Amaral. The article highlights key market developments for each artist, such as record auction prices, growing international recognition, and shifts in collector interest, drawing on data and expert commentary from dealers, auction-house specialists, and advisors.

frieze london 2025 big galleries report strong sales afternoon

Frieze London 2025 opened with strong VIP preview sales, as major galleries reported brisk business by early afternoon. Thaddaeus Ropac sold a Robert Rauschenberg work for $850,000 and a Tony Cragg sculpture for $420,000, while Hauser & Wirth moved multiple pieces including a George Rouy for £275,000 and an Ellen Gallagher for $950,000. Gagosian sold a new Lauren Halsey sculpture before noon, and White Cube reported six sales. The fair's layout, which places mega-galleries at the back to encourage foot traffic to smaller booths, returned by popular demand.

david lynch home studio sale

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.

hauser wirth uptown sale jens hoffmann project wet paint

Hauser & Wirth has sold its Upper East Side townhouse at 32 East 69th Street for $10.5 million to a developer, ending a decades-long presence in the neighborhood. The property, purchased in the 1990s as a family residence, was renovated by architect Annabelle Selldorf and later used as gallery space from 2009, hosting exhibitions by artists like Pope.L, Anna Maria Maiolino, Luchita Hurtado, and Arshile Gorky. Gallery co-founder Iwan Wirth cited a shift in the family's center of gravity to Chelsea and the business's expansion downtown with new locations on West 18th Street and Wooster Street in SoHo.

bass house art auction christies

Christie's is offering nine artworks from the collection of Anne and Sid Bass as part of its Spring Marquee Week in May. The works, which include pieces by Mark Rothko, Agnes Martin, Frank Stella, Ellsworth Kelly, Morris Louis, and Gino Severini, were displayed in the Bass House in Fort Worth, Texas—a Modernist residence designed by architect Paul Rudolph in the early 1970s. The house was built to serve both as a home and a gallery for the couple's renowned art collection.

15 Van Gogh Masterpieces that Set Auction Records

ARTnews published a listicle on May 19, 2026, detailing 15 Van Gogh masterpieces that set auction records, from *Landscape with Rising Sun* (1985) to *Portrait of Dr. Gachet* (1990). The article recounts landmark sales including *Sunflowers* ($39.9 million in 1987), *Irises* ($53.9 million in 1987), and *Portrait of Dr. Gachet* ($82.5 million in 1990), highlighting the buyers, provenance, and institutional homes such as the Sompo Museum of Art and the J. Paul Getty Museum.

expo chicago sales vip day report

The thirteenth edition of Expo Chicago opened its VIP preview at Navy Pier with a streamlined floor plan and a focus on emerging talent. Despite a generally slow global art market, exhibitors reported strong early sales, including Nashville-based artist Annie Brito Hodgin’s debut outside her home state and Wenhui Hao’s near-sell-out presentation with Half Gallery. The fair’s decision to reduce the number of exhibitors from 170 to 130 was widely praised by dealers for improving the quality of presentations and making the event more navigable for collectors.

josh brolin felix podcast

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.

robert colescott market

The article examines the posthumous market resurgence of painter Robert Colescott, who died in 2009. After his commercial profile faded, Los Angeles dealer Tim Blum and his gallery Blum & Poe began working with the artist's estate in 2017, staging five solo shows and rescuing a disorganized estate with works stored in shipping containers in Arizona. Major auction prices followed, including a record $15.3 million for 'George Washington Carver Crossing The Delaware' in 2021. In 2024, after Blum & Poe closed, Gladstone Gallery took over representation. A current exhibition at the Tacoma Art Museum, 'The One-Two Punch: 100 Years of Robert Colescott,' runs through March 29.

harpers gallery bangkok

New York-based dealer Harper Levine is planning to open a new location of his gallery, Harper's, in Bangkok, Thailand, in spring 2026. The 2,500-square-foot space will be in the Siam Patumwan House, headquarters of Siam Motors Group, near the Jim Thompson House and Bangkok Art and Culture Centre. The expansion follows a pop-up show in Bangkok last year and will include an exhibition space, an advisory for Southeast Asian clients, a hospitality program, and an artist residency starting in 2026. StudioMDA, which has worked with Harper's and Marian Goodman Gallery, is handling the design.

artist estates

The article examines the growing role of artist estates in the art market, particularly for smaller and emerging galleries. While mega-galleries like Hauser & Wirth have long profited from managing blue-chip estates, a new wave of smaller galleries is now turning to overlooked and under-researched artists who died without established legacies. These galleries invest in building archives, cultivating institutional relationships, and reintroducing artists to contemporary audiences, often at more accessible price points with significant room for growth. Examples include Gunia Nowik Gallery working with the estate of Polish artist Krzysztof Jung and Gianni Manhattan representing Estonian sculptor Anu Põder.

art business conference artist brand collaborations

The Art Business Conference in Paris recently highlighted the growing trend and inherent risks of collaborations between artists and commercial brands. Keynote speaker Vadim Grigoryan and other industry experts discussed how these partnerships have evolved from historical precedents like Dalí and Schiaparelli into a modern necessity for brands seeking cultural relevance. While these deals offer artists financial stability and massive public exposure, the conference warned of the dangers of "commodity" marketing and the exploitation of artistic vision.

art basel 2025 sales report

Art Basel 2025 in Switzerland, now in its 55th edition, opened with 289 exhibitors amid a soft and unpredictable art market. Major sales included a Ruth Asawa sculpture for $9.5 million at David Zwirner, a Gerhard Richter painting for $6.8 million, and a Keith Haring from 1983 for $3.5 million at Gladstone. The top reported sale was David Hockney's 'Mid November Tunnel' (2006) for $13-17 million at Annely Juda Fine Art. Hauser & Wirth headlined with a moody Mark Rothko from the early 1960s, while galleries adopted strategies of offering wide price ranges and diverse styles to hedge against market uncertainty.

12 Collectors on the Artists, Shows, and Trends to Watch in 2026

Artsy spoke with 12 leading collectors about the artists, exhibitions, and trends they are most excited to follow in 2026. Highlights include the re-centering of women artists, the rise of South Asian and LGBTQ+ artists, and the impact of AI on gallery operations. Collectors point to major institutional milestones such as LACMA's new campus, the Guggenheim Abu Dhabi, the Venice Biennale, and Art Basel's expansion into Qatar, as well as specific shows like Claire Tabouret's stained-glass commission for Notre-Dame and the Frida Kahlo exhibition at the Museum of Fine Arts, Houston.

In the Studio With 33 of the Hottest Art Stars on the Planet

Vanity Fair profiles 33 emerging art stars who have broken into the upper echelon of the art world within the last five years, despite a contracting art market. The feature, written by Nate Freeman and photographed by Jeff Henrikson, highlights artists like Jadé Fadojutimi, Anna Weyant, and Chase Hall, whose work commands high prices and long waiting lists from top collectors. The selection was based on research including gallerist interviews, museum acquisitions, auction results, and dealer insights.

Frieze and NADA New York’s Early Sales Signal Buyer Confidence

Frieze New York opened its VIP preview on May 7, with early sales indicating cautious but steady buyer confidence amid economic uncertainty and the recent acquisition of the fair by Endeavor's former CEO Ari Emanuel. American buyers dominated, while Asian and European collectors were largely absent. Mega-galleries like Gagosian and Pace reported significant sales, including Jeff Koons's Hulk Elvis sculptures and works by Adam Pendleton and Lynda Benglis, though the atmosphere was more subdued and negotiation-friendly than in previous years.

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.

Sotheby’s $304M Modern Evening Auction Confirms the Market Has Found Its Footing

Sotheby's Modern Evening Auction on May 19 achieved $304 million with a 98% sell-through rate across 45 lots, more than doubling the total from the equivalent sale in November. The auction was anchored by fresh-to-market masterpieces, including Henri Matisse's "La Chaise Lorraine" from the Barbier-Müller collection, which sold for $48.4 million—the second-highest price for a Matisse painting at auction. Other highlights included works from the Enrico Donati collection, which generated a combined $58.9 million, and Pablo Picasso's "Arlequin (Buste)" (1909) selling for $42.6 million. The sale contributed to a running combined total of $839.6 million for Sotheby's marquee sales, following strong results from the Mnuchin collection and Contemporary Day Auction.