$102 Million Verdict Over Robert Indiana Artwork May End Years-Long Legal Battle

A Manhattan federal jury awarded $102 million in damages to the Morgan Art Foundation in its lawsuit against art publisher Michael McKenzie, finding him guilty of making and selling unauthorized Robert Indiana artworks. The verdict, delivered on April 23, follows a complex legal battle that began just before Indiana's death in 2018, involving accusations of exploitation, fraud, and copyright infringement. McKenzie and caretaker Jamie Thomas were also accused of taking advantage of the elderly artist. The case has cast doubt on the authenticity of some late Indiana works and affected his market, with his auction record remaining at just over $4 million since 2011.

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NADA Miami 2025 opened at Ice Palace Studios with strong early sales and a buoyant mood, as crowds streamed through the aisles on Tuesday morning. Dealers reported brisk business, with Polina Berlin selling multiple works by artists including Tamo Jugeli, Parmen Daushvili, and Casey Bolding, while Charles Moffett sold ten paintings by Kenny Rivero. The fair, hosting around 140 exhibitors, saw participation from galleries like Deanna Evans Projects, Alice Amati, and Gladwell Projects, with many dealers expressing relief and confidence after a multi-year contraction in the art market.

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Southern Guild, the prominent Cape Town gallery co-founded by Trevyn and Julian McGowan, is opening a new outpost in a restored 19th-century Tribeca townhouse on Leonard Street in New York. The expansion comes as the gallery closes its Los Angeles space, a move the McGowans describe as instinctive rather than strategic. The new space, with its sixteen-foot ceilings and exposed brick, represents a leap of faith amid a challenging 2025 art market marked by gallery closures and industry retrenchment.

phillips tests lichtenstein market vandalized painting priced 20 million 719840

Phillips New York is offering Roy Lichtenstein's 1994 painting *Nudes in Mirror* with a $20 million estimate this fall, despite—or perhaps because of—its history of vandalism. The work, from the Rush Family Collection, was slashed by a mentally unstable woman while on loan to the Kunsthaus Bregenz in Austria in 2005, leaving four 12-inch gashes that have since been expertly restored. Phillips is openly embracing the attack as part of the painting's mythology, detailing the incident in its catalogue and comparing it to other famous acts of art vandalism.

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Sotheby's has relocated its New York headquarters to Marcel Breuer's iconic Brutalist building on Madison Avenue, formerly home to the Whitney Museum, the Met Breuer, and a Frick Collection outpost. After a renovation by Herzog & de Meuron that restored original gallery proportions and upgraded infrastructure, the auction house is inaugurating the space with a series of exhibitions featuring three major single-owner collections—Leonard A. Lauder, Cindy and Jay Pritzker, and Exquisite Corpus—estimated at over a billion dollars. Highlights include Gustav Klimts from the Lauder trove, a Van Gogh still life from the Pritzker collection, a Frida Kahlo painting expected to set a record for a woman artist, and a Basquiat work in the contemporary evening sale.

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The Getty Museum in Los Angeles has acquired and restored Luis de Morales's "Christ Carrying the Cross" (c. 1565), a 16th-century Spanish Renaissance painting. The work, which had been covered in discolored varnish and enlarged with wooden strips, was carefully conserved by Getty conservator Kari Rayner, who removed non-original paint to reveal the artist's original composition. The painting first appeared at auction in 2021 at Nagel Auktionen, initially attributed to Morales's studio with a €10,000 estimate, but later sold for €1.2 million before the Getty acquired it from the Daniel Katz Gallery.

Discover 10 Highlights from Art Basel Paris 2025

Art Basel Paris 2025, now in its fourth edition, took place from October 22–26 at the restored 1900 Paris Exposition venue, a Beaux-Arts landmark with Art Nouveau iron and glasswork. The fair hosted 206 international galleries and introduced a new 'Avant-Première' V.V.I.P. day on October 21, where each gallery could allocate six guest passes. Blue-chip sales were swift, led by Hauser & Wirth selling Gerhard Richter's *Abstraktes Bild* (1987) for $23 million to a European collector. Other notable sales included Bruce Nauman's neon sculpture *Masturbating Man* for over $4.7 million and Amedeo Modigliani's *Jeune fille aux macarons* (1918) for $10 million at Pace Gallery. The fair also featured curatorial sectors Emergence (16 solo presentations by emerging artists) and Premise (ten historical projects with works predating 1900).

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Bonhams has opened its new U.S. headquarters at 111 West 57th Street in New York, moving from its longtime Madison Avenue location into a 42,000-square-foot space within the restored Steinway Hall. The design features an 80-foot glass atrium, a grand staircase, and restored historic elements, aiming to create a transparent, cultural-center-like atmosphere rather than a traditional salesroom.

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Sotheby's is launching its inaugural Old Masters Week at its new Breuer building location in New York with a special exhibition of works heading to auction. The centerpiece is the 'cimasa' (top panel) of Pietro Perugino's 'Decemviri Altarpiece' (1495), on an exceptional loan from Italy's National Gallery of Umbria and traveling outside Italy for the first time. After its display at Sotheby's, the panel will be exhibited at the Morgan Library and Museum alongside Giovanni Bellini's newly restored 'Pietà' (c. 1470), which is also making its U.S. debut.

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Crystal Bridges Museum of American Art in Bentonville, Arkansas, has acquired a monumental stained-glass window by Tiffany Studios, titled *Mountain Landscape (Root Memorial Window)* (1917). Measuring approximately nine feet by seven feet, the window was commissioned by the fraternal organization Woodmen of the World as a memorial to its founder, Joseph Cullen Root. Its design is attributed to Agnes F. Northrop, a lead designer at Tiffany Studios for half a century. The window was originally installed in Omaha, Nebraska, moved to San Antonio, Texas in 1931 for a tuberculosis hospital chapel, and later stewarded by the Sunset Ridge Church of Christ. The acquisition, facilitated by stained-glass restorer Bryant J. Stanton, took about a year to finalize.

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Sotheby's London contemporary evening sale on Tuesday brought in nearly £62.5 million ($84 million), within its pre-sale estimate of £55 million to £74 million. The 48-lot sale achieved an 83% sell-through rate, with five works selling for over £5 million each, led by Tamara de Lempicka's 'La Belle Rafaëla' (1927) at £7.4 million and Pablo Picasso's 'Nu assis dans un fauteuil' (1964–65). The auction saw strong bidding for a Basquiat work on paper, 'Untitled (Indian Head)', which sold for £5.4 million, and a standout result for Yu Nishimura's 'through the snow' (2023), which tripled its high estimate at £230,000.

Sotheby’s Unveils Plans for Breuer Building, Announces Opening Date

Sotheby's will open its new global headquarters in the Marcel Breuer–designed building at 945 Madison Avenue on November 8, 2025, after a renovation by Herzog & de Meuron with local partner PBDW Architects. The Brutalist landmark, originally completed in 1966 for the Whitney Museum of American Art, later housed the Met Breuer and the Frick Collection during its renovation. The project restores Breuer's original open gallery floors, adds state-of-the-art lighting and climate control, and preserves period details like the lobby's domed ceiling lights. The opening will feature a free public exhibition of Modern and Contemporary art ahead of marquee auctions starting November 17, with design sales and Luxury Week following on December 5, and a fine-dining restaurant by Roman and Williams opening later in the winter.

Sotheby’s offers peek at Breuer building’s makeover

Sotheby's has released renderings of its upcoming renovation of Marcel Breuer's former Whitney Museum building at 945 Madison Avenue, which it purchased for $100 million in June 2023. The auction house plans to open in the autumn, in time for its November sales. Renovations, led by Swiss architecture firm Herzog & de Meuron, include a new service elevator, upgraded lighting and climate systems, and restored gallery floorplans, while preserving the building's landmark-protected exterior and many interior spaces. Charles Simonds's site-specific installation Dwellings (1981) will remain on long-term loan from the Whitney.

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A long-lost portrait of Scottish poet Robert Burns by Sir Henry Raeburn has been rediscovered and is now on display at the National Galleries of Scotland in Edinburgh. The painting was found at a London house sale last year, consigned to Wimbledon Auctions with a low estimate of £300–£500, but sold for £68,000 after intense bidding. It was purchased by Edinburgh-based art collector William Zachs, who had it restored and brought to Scotland, where experts confirmed it as an authentic Raeburn. The work is a copy Raeburn made in 1803 of a 1787 portrait by Alexander Nasmyth, commissioned by London publishers Cadell & Davies but lost shortly after completion.

Roberto Bernardi | The Unknown Event (2025) | Available for Sale

Roberto Bernardi | L'evento sconosciuto (2025) | Available for Sale

Italian hyperrealist artist Roberto Bernardi has listed a new oil on canvas painting titled "L'evento sconosciuto" (2025) for sale through GALERIE VON&VON. The work, priced at €14,400, is being featured in conjunction with his upcoming exhibition "Unfolding," scheduled to run from April 16 to June 20, 2026. Bernardi, known for his meticulous attention to detail and photorealistic style, has a long-standing presence in the international art market and museum circuit.

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Christie’s Global President Alex Rotter discusses the auction house’s strong November sales, which brought in $690 million across two evening sales in New York, with sell-through rates exceeding 96%. In an interview with ARTnews, Rotter attributes the rebound to restored confidence rather than a sudden influx of money, noting that he sensed a turning point as early as September through subtle improvements in mid-season sell-through rates. He also addresses Christie’s growing use of private auctions, which he describes as "basically a private sale, just with competition."

Art Basel's solution to PDF pre-sales? Ask galleries to reserve works until opening day

Art Basel has announced a new initiative called Basel Exclusive for its flagship Swiss fair in June 2025, asking participating galleries to withhold their most important or expensive works from all pre-fair previews, online viewing rooms, and publicity. Instead, these "marquee works" will be unveiled for the first time during the First Choice VIP preview on 16 June. The initiative aims to restore a sense of surprise and urgency, countering the trend of galleries pre-selling works to clients before the fair opens. Around 170 galleries have already signed up, including major names like Gagosian, David Zwirner, Hauser & Wirth, Pace Gallery, and Sadie Coles HQ.

Picasso painting not seen in 80 years heads to auction in France

A Picasso painting unseen for over 80 years, *Buste de femme au chapeau à fleurs (Dora Maar)* (1943), will be auctioned at the Drouot salesroom in Paris on 24 October by Lucien Paris auction house. The work, depicting the artist's lover and muse Dora Maar, has been held in a private French collection since 1944 and carries an estimate of €8 million. The auction catalogue includes an authentication certificate from the Comité Picasso and notes the painting was documented in *Cahiers d’art* and photographed by Brassaï.

Van Cleef & Arpels cashes in on lucrative secondary market for vintage jewellery

Van Cleef & Arpels has capitalized on the growing secondary market for vintage jewelry through its Heritage Collection, launched in 2007. The collection offers around 150 curated 20th-century pieces, authenticated and restored by the maison, allowing clients to buy directly from the jeweler rather than through auction houses like Sotheby's, Christie's, and Artcurial, which sold over €120 million in Van Cleef jewels in 2024.

New contemporary art auction to debut in Dubai this May

A new auction platform called Bam Auctions will launch in Dubai this May, with its inaugural sale held on Saturday at Bayt AlMamzar, an independent cultural space in a restored villa. The sale features 21 lots of contemporary art from the UAE and the wider region, including works by Jaber Al Azmeh, Manal Al Dowayan, and Hale Tenger, with estimates ranging from a few hundred to several thousand dollars. Bidding will be in person with remote options via phone, WhatsApp, and absentee bids.

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Two rare original watercolor illustrations for Rudyard Kipling’s 1903 edition of The Jungle Book were rediscovered in a London family home and sold at Roseberys auction house for a combined £130,480 ($174,940). Created by twin brothers Edward Julius and Charles Maurice Detmold, the works—titled Mowgli and Bagheera and The Cold Lairs—had been hanging unassumingly for decades. The sale price significantly exceeded expectations, with the Mowgli illustration alone fetching more than four times its high estimate.

Hauser & Wirth will expand gallery empire to Italian city of Palermo

Hauser & Wirth, the global gallery empire with 18 spaces worldwide, has acquired the historic Palazzo Forcella De Seta in Palermo, Sicily, to open a new venue. The deal was formalized in mid-November and awaits approval from regional authorities and the Italian Ministry of Culture. The gallery plans to restore the 2,000-square-meter building, which previously hosted Manifesta 12 in 2018, and create an arts destination with cultural programming, echoing its successful model in Somerset, Menorca, and Los Angeles.

Millon Takes Over Pierre Bergé & Associés

Millon reprend Pierre Bergé & Associés

The Millon Auction Group has acquired Pierre Bergé & Associés (PBA), becoming the sole shareholder of the historic house founded in 2002. This acquisition follows a turbulent period for PBA, which was placed in receivership in 2023 and briefly owned by Alexandre Landre after being embroiled in a high-profile antiquities trafficking scandal. Under the leadership of Alexandre Millon and newly appointed Managing Director Marc Chochon, the firm plans to return to Drouot and focus on prestigious collections and rare books.

Comment | 'AI will transform the art market—just not how you expect'

The article argues that AI's most transformative impact on the art market will not come from generating new artworks or NFTs, but from streamlining back-office operations like logistics, insurance, provenance checks, and shipping. It notes that only 3.4% of the $1.7 trillion in privately held art is traded annually, and that antiquated processes deter younger buyers. By automating these friction-heavy tasks, AI could unlock billions in liquidity, potentially raising the turnover rate to 4.4% and injecting over $17 billion into the ecosystem.