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The Box Shutters in Los Angeles After Nearly Two Decades

The Box, a pioneering Los Angeles gallery known for its nonprofit-style support of experimental and performance art, has announced its closure after nearly two decades. Founded in 2007 by Mara McCarthy, the gallery’s final exhibition featured late California painter Wally Hedrick, and a closing event will include a fashion show by Johanna Went. Mara McCarthy cited the shifting market for her father Paul McCarthy’s work and the loss of family homes in the Eaton Fire as factors behind the decision.

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.

The Venice Biennale has long been a sales platform—now no one is pretending otherwise

The Venice Biennale, traditionally a government-subsidized non-commercial institution where sales were downplayed, is experiencing an unprecedented open embrace of commerce. For the first time, Christie's is hosting an invitation-only selling exhibition in Venice, offering works ranging from Old Masters like Lucas Cranach to Modern and contemporary giants such as Andy Warhol, Louise Bourgeois, and Mark Bradford, with prices from $500,000 to over $35 million. Dealers, auction houses, and private foundations are openly pricing and selling works to collectors, spurred partly by Italy's reduced 5% VAT rate on art imports, now Europe's lowest.

Zurich’s Galerie Philipp Zollinger Closes After 7 years

Galerie Philipp Zollinger in Zurich is closing after seven years, as announced by founder Philipp Zollinger on Instagram. Citing continued global instability and a lack of conditions necessary to sustain the gallery, Zollinger explained that despite his willingness to invest further, the market no longer supports growth. The gallery focused on Swiss and Scandinavian artists working in three-dimensional media, along with artists from Southeast Asia and the United States. Its final exhibition, a dual presentation of Renée Levi and Theo Eble, closed on April 18 at Galerie Mueller in Basel. The closure follows a previous move from a nomadic operation to a physical space on Rämistrasse, which shut in fall 2025 due to an unstable art market and shifting collecting trends.

Marian Goodman Gallery to ‘Pause’ Operations in Los Angeles

Marian Goodman Gallery is suspending operations at its Los Angeles location after two and a half years, following the conclusion of Tacita Dean's solo show on April 25. The gallery's partners announced a consolidation of programming to its historic homes in New York and Paris, stating they will evaluate the space's future while maintaining an LA presence through art fairs, special projects, and museum exhibitions.

Brazilian women bring Latin American art to the New York collector circuit.

Two Brazilian women, Fernanda Mazzuco and Luciana Solano, run Art in Brackets, a consultancy and art advisory firm based in New York. For the first time, they have opened a public exhibition space on Walker Street in Tribeca, featuring a collective show centered on the African diaspora and transatlantic connections. The exhibition includes works by artists such as Santídio Pereira and Madalena dos Santos Reinbolt, with prices ranging from $3,800 to $140,000. The company, founded in 2022, connects collectors with Brazilian and Latin American artists, operating as 'wall curators' in partnership with various galleries.

KAWS | ALONG THE WAY (2013) | Art & Prints

This article is a detailed listing for KAWS's sculpture *ALONG THE WAY* (2013), a wood piece measuring 96 7/8 × 75 × 51 1/4 inches, held in the collection of the Modern Art Museum of Fort Worth. It includes the work's exhibition history, the artist's biography (born Brian Donnelly, 1974), his key solo exhibitions at institutions such as the Brooklyn Museum and Yorkshire Sculpture Park, and his high auction record of HK$116 million at Sotheby's in 2019. The listing also features a series of related KAWS works available at auction houses including Christie's, Phillips, and Heritage Auctions.

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.

In Chelsea, Canal 47 and Max Levai Are Betting On Collaboration

New York gallery 47 Canal is relocating from SoHo to a 7,000-square-foot flagship at 529 West 20th Street in Chelsea, sharing the space with London dealer Max Levai. Founded by Oliver Newton and Margaret Lee in 2011, the gallery will maintain its own identity and exhibition program while coordinating schedules with Levai to create a more active environment. The renovated space, designed by IDSR Architecture, features two exhibition levels and will host longer exhibition runs, talks, performances, and events.

Private Sales Are Surging as Auction Houses Lean into Exclusive, Experience-Led Selling

Sotheby's and Christie's are increasingly turning to private, invitation-only sales to move high-value artworks, bypassing the traditional auction model. Sotheby's recent "The Apartment" exhibition in London, featuring works by David Hockney, George Condo, and Jean-Michel Basquiat, sold half its $40 million inventory before the public even saw it. Christie's reported that its three most expensive paintings sold in 2025 were all private transactions, with the house trading $1.5 billion privately last year—nearly a quarter of its global sales.

KAWS | Along the way (Gray Variant) (2019) | For Sale

APC ART is offering for sale a gray variant of KAWS's iconic figure "Along the Way" (2019), a painted cast vinyl sculpture measuring 10 × 7 1/2 × 3 1/2 inches. The work is a miniature version of the artist's 2013 wooden sculpture, originally exhibited at Mary Boone Gallery in New York. The piece features two of KAWS's signature "Companion" characters leaning on each other for emotional support. The work is brand new, in hand, signed in plate, and includes a certificate of authenticity. It is offered exclusively by APC ART, which ships from the USA.

KAWS | BEAUTIFUL LOSERS EXHIBITION POSTER (2004) | Art & Prints

An auction listing for KAWS's "Beautiful Losers Exhibition Poster" (2004) is featured on a digital marketplace, with bidding having ended. The work is an offset lithograph in color, measuring 17 × 11 inches, published by the Contemporary Arts Center, Cincinnati. The listing includes a detailed biography of KAWS (born Brian Donnelly), highlighting his career from street art subversion in the 1990s to high-profile brand collaborations with Nike, Uniqlo, and Dior, and his record auction sale of $14.8 million at Sotheby's in 2019.

KAWS | Tide, from KAWS: What Party exhibition at Brooklyn Museum (2021)

The auction for KAWS's 2021 print "Tide" has concluded. The work is an offset lithograph originally created for the artist's "What Party" exhibition at the Brooklyn Museum.

How Art Firms Are—or Should Be—Using A.I. Right Now

Art firms are increasingly experimenting with artificial intelligence, but concrete use cases remain limited and industry-specific tools are still in their infancy. A new partnership between Bonhams and tech company ARTDAI aims to apply AI to market analytics, valuation, and specialist research, while companies like Artsy and Artnet are integrating AI capabilities into their platforms. Industry experts, including former Art Basel chief Marc Spiegler, note that the art market's small size has historically discouraged tech development, but AI now makes high-performance tools accessible to smaller businesses.

Collector Julia Stoschek Closes Down Berlin Exhibition Venue After 10 Years In Favor of International Projects

Julia Stoschek, a leading art collector and ARTnews Top 200 figure, is closing her Berlin exhibition venue after a decade of operation. The 3,000-square-meter space in the former Czech Cultural Center, which opened in 2016, will shut at the end of October 2026, having hosted 22 exhibitions and attracted 450,000 visitors. The Stoschek Foundation will maintain its Düsseldorf venue, while Stoschek shifts focus to international projects, such as the recent Los Angeles exhibition “What a Wonderful World: An Audiovisual Poem,” curated by Udo Kittelmann.

Rare art lands in new downtown Calgary gallery ahead of auction

Cowley Abbott Fine Art, a Toronto-based auction house, has opened its first permanent western Canada gallery in Calgary's East Village. The new space launches with a three-day public preview of museum-quality artworks heading to its Spring Live Auction on May 27 at the Globe and Mail Centre in Toronto. Highlights include rare works by Pierre-Auguste Renoir, Vincent van Gogh, Emily Carr, and members of the Group of Seven such as Lawren Harris and A.Y. Jackson. Among the standout pieces is Emily Carr's 1936 canvas "Wind," estimated at $500,000 to $700,000, and a Lawren Harris painting valued similarly. The gallery aims to attract both collectors and casual visitors, with Peter Ohler, Western Canada Representative and Director of Private Sales, emphasizing that the space is open to anyone interested in art.

Tiffany Window From Connecticut Church Could Fetch $2 M. at Christie’s

A late 19th-century stained-glass window by Tiffany Studios, known as the Boyd Family Memorial Window (The Falls), is set to be auctioned at Christie's New York in June with an estimate of up to $2 million. The window, commissioned in 1898 and installed in 1899 at the Second Congregational Church in Winsted, Connecticut, depicts a waterfall landscape and has been in the church for about 125 years.

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.

Millon relance Pierre Bergé & Associés

Millon has taken full control of Pierre Bergé & Associés, becoming its sole shareholder. The auction house, founded in 2002 and restructured two years ago by Alexandre Landre after judicial recovery, will now operate under Millon's financial, logistical, and commercial backing while retaining its Avenue Kléber address and operational team.

Does the art market need AI?

The article explores the growing role of artificial intelligence in the art market, examining whether AI tools can effectively assist with tasks such as authentication, valuation, and trend prediction. It discusses the potential benefits of AI in streamlining operations and reducing human bias, while also acknowledging skepticism from traditionalists who question AI's ability to understand artistic nuance and cultural context.

High Art, Paris Gallery That Spun Emerging Artists Into Stars, Closes After 12 Years

High Art, a Parisian gallery known for launching the careers of emerging artists, has closed its doors after 12 years of operation. The gallery, which gained a reputation for identifying and nurturing young talent before they achieved international fame, shuttered for reasons not fully detailed in the announcement.