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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.

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.

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.

$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.

'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.

New York Is About to Sell $3 Billion in Art. Who’s Buying?

Vanity Fair's Nate Freeman reports on New York's spring art season, where auction houses are poised to sell at least $2.6 billion in art alongside major museum exhibitions (Raphael at the Met, Duchamp at MoMA, Matisse at Acquavella) and the opening of Frieze New York at The Shed. The article follows the social and commercial frenzy, highlighting a David Shrigley gong installation at Anton Kern Gallery's booth and the enduring dominance of New York, where nearly 90% of U.S. art sales occur.

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 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.

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.

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.

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.

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.

Art Leven First Nations And Australian Fine Art Auction Opens This Week - Scoop

Art Leven, a Sydney-based gallery focused on First Nations art, is opening its First Nations and Australian Fine Art Auction and Exhibition, headlined by the private collection of the late Dame Marie Bashir AD CVO and Sir Nicholas Shehadie AC OBE. The exhibition runs from 15–19 May 2026 at Art Leven's new Woolloomooloo gallery, with the live auction on 19 May at Artspace. The sale includes approximately 115 artworks, with 79 from the Bashir-Shehadie collection, featuring works by Balang John Mawurndjul AM, Arthur Boyd, Emily Kame Kngwarreye, Albert Namatjira, and others. The collection reflects decades of travel to remote art centres and close relationships with artists, supported by archival material like handwritten notes and early catalogues.

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.

971 Art Gallery Boosts Dubai's Position as a Global Hub for Luxury Contemporary Art and Investment

971 Art Gallery, a new luxury contemporary art space, has opened in Dubai, positioning the city as a growing hub for high-end art and investment. The gallery aims to attract international collectors and investors by showcasing blue-chip contemporary artists and offering a curated experience that blends art with luxury lifestyle.

Tatiana Malinovscaia | 130x100cm-Blue Distance in Quiet Light (2026) | For Sale

Tatiana Malinovscaia's painting "Blue Distance in Quiet Light" (2026) is being offered for sale by Artseeker Gallery. The 100x130 cm acrylic on canvas work features a restrained abstract composition with muted blues, ivories, beiges, and charcoals, built through layered textures and tonal contrasts. Malinovscaia, a self-taught Moldovan artist, explores the interplay between architectural clarity and atmospheric abstraction, with light acting as a central structural element that reveals nuanced variations across the textured surface throughout the day.

Frieze New York Opens Strong, But the Real Test Is Just Beginning

Frieze New York has opened with strong early sales, particularly in the Focus section, which is dedicated to emerging and underrepresented artists. This year's Focus prize was awarded to W Galería for its presentation of Seba Calfuqueo, a Mapuche artist whose work addresses colonialism, environmentalism, and gender identity through ceramic sculptures and hair-based materials. Her pieces are priced between $8,000 and $40,000, reflecting the market's growing interest in politically engaged contemporary art.