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.

For young dealers, being in New York is key to surviving and thriving

The article examines how young art dealers in New York are adapting to the city's high costs and competitive market during the May art season. It highlights galleries like Europa, Esther, and Gordon Robichaux participating in multiple fairs simultaneously, such as Frieze New York and Independent New York, to maximize sales and visibility. Dealers like Pali Kashi and Silke Lindner emphasize strategic resourcefulness, with some sales already covering fair costs, while referencing artist Josh Kline's essay on how real estate pressures stifle artistic risk-taking.

Consignors Revealed: The Mystery Sellers Behind the $1.8 Billion May Auctions

Sotheby's kicked off the May auction season with a $433 million sale, including an 11-lot group from the estate of late dealer Bob Mnuchin, led by an $86 million Mark Rothko painting. The three major auction houses are offering $1.8 billion worth of art by low estimate, a 50% increase from last year, driven by consignments from estates of key figures like Mnuchin, philanthropist Agnes Gund, and dealer Marian Goodman. Christie's will stage a sale from publisher S.I. Newhouse's collection expected to bring $450 million, potentially setting records for Jackson Pollock and Constantin Brancusi. The article reveals that many top sellers are anonymous, but unmasked names include the Dennison family and French collector John Sayegh-Belchatowski.

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.

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.

Christo, Jeanne-Claude | The Pont-Neuf Wrapped (1976-2020) | Art & Prints

An auction listing for Christo and Jeanne-Claude's limited edition print 'The Pont-Neuf Wrapped' (1976-2020) has closed. The work is an archival digital print on wove paper, part of an edition of 450, accompanied by the exhibition book 'Christo et Jeanne-Claude Paris!'. The listing includes details on the artists' legacy, their monumental public projects like 'The Gates' and 'Wrapped Reichstag', and notes that similar works by Christo are available for purchase from various galleries.

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.

Da Medardo Rosso a Josef Albers: il Novecento va in asta da Il Ponte a Milano

Il Ponte auction house in Milan will hold sales of Modern and Contemporary Art on May 26-27, 2026, followed by Prints and Multiples, with previews from May 22-24 at Palazzo Crivelli. Highlights include Josef Albers' *Study for Homage to the Square: Full Tenor* (1959, estimate €200,000-300,000), Medardo Rosso's wax sculpture *Enfant juif* (€70,000-80,000), and works by Giorgio Morandi, Bruno Munari, Felice Casorati, Giorgio de Chirico, and others spanning the 20th and 21st centuries.

Tuan Vu | Nhat Binh (2026) | Art & Prints

This article presents the artwork "Nhat Binh" (2026) by Vietnamese Canadian artist Tuan Vu, offered through Kristin Hjellegjerde Gallery. The painting, executed in oil and oil stick on linen, measures 35 2/5 × 29 1/2 inches and is a unique, hand-signed work accompanied by a certificate of authenticity. The listing includes details about the artist's background, his immigration to Canada as a refugee, his shift from engineering to full-time art practice in 2021, and his exhibition history including a solo show at Simard Bilodeau Contemporary in 2023 and subsequent shows in Berlin, London, New York, and across Canada.

Craig Alan | Summer Love (2024) | For Sale

Craig Alan's 2024 print "Summer Love" is being offered for sale through Art Leaders Gallery on Artsy. The limited-edition giclee on canvas, part of his Populous series, depicts a heart-shaped formation of miniature figures on a beach, hand-signed by the artist and priced between $2,400 and $2,550.