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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.

New York Art Week 2026 Frieze And TEFAF Report

New York Art Week 2026 featured major art fairs including Frieze New York at The Shed, which drew 25,000 visitors from 75 countries and launched the Sherman Family Foundation Acquisition Fund, placing works by four artists into the Brooklyn Museum and Baltimore Museum of Art. TEFAF New York at the Park Avenue Armory presented over 90 international galleries across historic period rooms, while satellite fairs Independent, NADA New York, and 1-54 Contemporary African Art Fair offered focused alternatives. Auction houses Sotheby's, Christie's, and Phillips opened free spring sale previews featuring highlights such as Roy Lichtenstein's 'Anxious Girl' and the Lewis Collection.

Giant T. Rex Fossil Could Net a Monster Price at Sotheby’s

Sotheby's New York will auction a 67-million-year-old Tyrannosaurus rex fossil named Gus on July 14, with an estimated value of $20–$30 million—the highest estimate ever placed on a dinosaur skeleton. The specimen, discovered in Harding County, South Dakota, on land owned by the late rancher Gary "Gus" Licking, is approximately 63 percent complete with 183 fossil bone elements, including a well-preserved skull and rare humeri. Excavated over three summers from 2021 to 2023, Gus is comparable in size and integrity to only two other T. rex fossils that have come to market: Stan and Sue.