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art basel miami beach 2025 changed fair map 1234764625

Art Basel Miami Beach 2025 has introduced significant changes to its floor plan, including a shift in shared booth arrangements. In the Nova section for young galleries, only two galleries—Isabel Aninat and Espacio Valverde—are sharing a booth, while the main sector now features multiple pairings, such as Andrew Kreps with Anton Kern, March with Parker, and Galatea with Isla Flotante. The Positions sector for solo presentations has moved to a regular gallery booth area, replaced by the new Zero 10 initiative for digital art. The map reflects a reduced footprint for the main sector, possibly responding to a volatile market for contemporary art.

Christie's nets $1.1bn from back-to-back S.I. Newhouse and 20th century evening sales in New York

Christie's held back-to-back evening auctions in New York, featuring the esteemed S.I. Newhouse collection and a 20th-century evening sale, achieving a combined total of $950 million (or $1.1 billion with fees). The Newhouse sale was a white-glove affair, 100% sold, though entirely backed by third-party guarantees. Highlights included Constantin Brancusi's bronze 'Danaïde' (1913) selling for $107.5 million with fees, a record for the artist, and Pablo Picasso's 'Tête de femme (Fernande)' fetching $48.3 million. Other top lots included works by Piet Mondrian, Joan Miró, Henri Matisse, Francis Bacon, Jasper Johns, Andy Warhol, and Jackson Pollock, with many going to anonymous telephone bidders.

Christie’s Double-Header Totals $1.1 B., With Several Trophy Works Notching New Records

Christie’s held two evening sales on Monday—the S.I. Newhouse collection and a 20th-century art sale—that together generated $1.1 billion across 64 lots. The Newhouse tranche alone made $630.8 million, bringing the cumulative total of the collection to over $1 billion, making it likely the most expensive collection ever sold at auction after Paul Allen’s $1.7 billion blockbuster. Top lots included Jackson Pollock’s *Number 7A, 1948* at $181.2 million (the fourth most expensive painting ever sold at auction), Constantin Brâncuși’s *Danaïde* at $107.6 million, and a Mark Rothko work at $98.4 million.

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.

The Marcel Duchamps That Got Away: On Collecting His Work and the Sprawling MoMA Show

The article recounts the author's personal experience as a collector who passed up the opportunity to buy a complete set of Marcel Duchamp's readymades at a 2002 Phillips de Pury and Luxembourg auction. The set, editioned by dealer Arturo Schwartz in 1964, included iconic works like *Fountain* and *Bicycle Wheel*, but the sale was a financial failure, with many pieces bought-in or selling for far below expectations. The author later acquired some of the unsold works privately. The piece is framed around the concurrent Duchamp exhibitions at the Museum of Modern Art and Gagosian.

Artist Foundations’ Net Worth Has Nearly Tripled to $9 B., Led by Cy Twombly Foundation’s $1.5 B. in Art and Assets

New research from the Aspen Institute’s Artist-Endowed Foundation Initiative (AEFI) reveals that artist-endowed foundations in the U.S. now control roughly $9 billion in assets, nearly triple the $3.5 billion reported in 2011 and up 17% from $7.7 billion in 2018. The Cy Twombly Foundation leads with $1.5 billion in art and assets, followed by foundations for Alexander Calder, Joan Mitchell, Helen Frankenthaler, and Robert Rauschenberg, each holding over $500 million. The data, drawn from public tax forms, shows that just five of roughly 500 foundations account for more than half the total, with most established by postwar American artists born before 1931.

The 20 Most Expensive Artworks Hitting the Auction Block This Season

The May 2026 New York auctions at Christie’s, Sotheby’s, and Phillips will feature 20 high-value lots priced at $30 million or more, including works by Andy Warhol, Jasper Johns, Pablo Picasso, Piet Mondrian, Jackson Pollock, Willem de Kooning, Cy Twombly, Gerhard Richter, and others. The sales are staggered around the Venice Biennale and Frieze New York, with Sotheby’s holding its contemporary evening auction on May 14 and Christie’s its 20th-century sale on May 18. Notable consignments come from the estates of S.I. Newhouse, former MoMA board president Agnes Gund, and dealer Marian Goodman.

Picasso Painting That Cost S. I. Newhouse a MoMA Board Position Heads to Christie’s for $55 M.

Christie’s New York will auction 16 masterpieces from the collection of late Condé Nast magnate S. I. Newhouse on May 18, with an estimated total of $450 million. The highlight is Pablo Picasso’s Cubist painting *Homme à la guitare* (1913), estimated at $35–55 million, which Newhouse acquired in 2000 for $10 million after MoMA sold it from its collection. Newhouse, then a MoMA board member, violated museum policy by buying the work and subsequently resigned from the board.

ifpda print fair 2026 sales attendance drawings expansion 1234781135

The 2026 IFPDA Print Fair concluded at the Park Avenue Armory with record-breaking attendance of over 21,000 visitors and robust sales across various price points. This edition marked a significant pivot for the fair following its formal expansion to include drawings dealers, rebranding as the International Fine Prints and Drawings Association. Notable sales included a sold-out edition of Cecily Brown etchings at Two Palms and six-figure works by David Hockney and Rashid Johnson at Galerie Maximillian.

fog design and art fair 2024 2420674

The FOG Design and Art Fair celebrated its 10th anniversary with a buoyant 2024 edition at San Francisco's Fort Mason Center, opening January 18. The fair saw brisk sales, including a Jim Hodges canvas sold for $115,000 at Gladstone Gallery and multiple works by Anicka Yi, Yayoi Kusama, Wolfgang Tillmans, and Ruth Asawa at David Zwirner. Tina Kim Gallery sold works by South Korean artists Kim Tschang-Yeul and Ha Chong-Hyun, as well as two Pacita Abad pieces, with one fetching $200,000 to $250,000. The San Francisco Museum of Modern Art (SFMOMA) acquired several works for its permanent collection via the FOG Forum Fund, including pieces by Maria Pergay, Duyi Han, and Katie Stout.

centennial market analysis joan mitchell 1234765154

A centennial market analysis of Joan Mitchell reveals that an untitled 1979 abstract work by the artist was the most expensive artwork on offer at Art Basel Miami Beach, priced at $18.5 million by Gray gallery. The article examines Mitchell's auction performance, noting that her record stands at $29.2 million set in 2023, and that three paintings have sold for over $20 million since then. Despite these strong results, her auction highs still trail behind male Abstract Expressionist contemporaries like Jackson Pollock and Mark Rothko.

sothebys lauder now contemporary sales report klimt record 1234762267

Sotheby's held a marathon double sale at its new Breuer Building location, selling Gustav Klimt's portrait of Elisabeth Lederer for $236.4 million—the second highest price ever paid for an artwork at auction. The evening featured works from the collection of the late cosmetics heir Leonard Lauder, totaling $527.5 million, far exceeding its low estimate. The subsequent "Contemporary and the Now" sale brought in $178.5 million, with a Jean-Michel Basquiat painting selling for $48.3 million. Overall, the night generated $706 million, with multiple auction records set for artists including Cecily Brown, Antonio Obá, Yu Nishimura, Jess, and Noah Davis.

consignors new york november auctions 2025 2711189

New York's November 2025 auction season is set to feature at least $1.67 billion in art across Sotheby's, Christie's, and Phillips, a 54% increase in estimates from the same period last year. The season is dominated by major estates, including Leonard Lauder's $400 million trove at Sotheby's with Klimt paintings and Matisse bronzes, Cindy Pritzker's collection featuring a Van Gogh, and anonymous Surrealist works. Christie's offers $736 million in low estimates from collections like Robert and Patricia Weis, Elaine Wynn, and Stefan Edlis. Phillips remains risk-averse, focusing on established names. The market shows a flight to quality, with emerging art reduced and delegated to day sales, while ultra-contemporary segments contract.

kerry james marshall frieze london royal academy 1234757330

Kerry James Marshall's paintings are being offered at Frieze London, with two major works on view at different galleries. Alexander Gray Associates presents Marshall's 1992 painting *A Woman with a Heart of Gold* for $2.9 million, a collage-like work that critiques racial fantasies in mass-market romance. David Zwirner shows the 1990 painting *A Little Romance* priced at $3.2 million, depicting a dreamy reclining figure. Meanwhile, the Royal Academy's exhibition “Kerry James Marshall: The Histories” has drawn enthusiastic repeat visits from dealers and auction-house figures, generating significant buzz during Frieze week.

yves klein blue painting christies paris 1234753827

Christie’s has secured a monumental Yves Klein painting, *California (IKB 71)*, for its October 23 sale in Paris. Measuring 14 feet wide, it is the largest format the artist ever made in his signature International Klein Blue (IKB) and carries an estimate of €16–25 million ($18–29 million). The work was created in 1961 and has a newly uncovered provenance: after being shown in Los Angeles at Virginia Dwan’s gallery, it stopped in New York for an exhibition with dealer Leo Castelli before returning to Paris. It has been in a New York collection since 2005 and was on long-term loan to the Metropolitan Museum of Art from 2005 to 2008.

armory show vip day sales report 1234750917

The Armory Show's VIP preview day on Thursday saw long queues and a cautiously upbeat mood at the Javits Center, despite a shaky art market marked by gallery closures and fair cancellations. Dealers reported serious interest and solid sales, including a $1 million work at Galleria Lorcan O’Neill, a Kehinde Wiley painting for $265,000 at Sean Kelly, and a Kennedy Yanko sculpture for $150,000 at James Cohan. The highest-priced work, Alex Katz's 1962 painting *October 2*, was listed at $1.2 million but remained unsold. The fair attracted major collectors like Don and Mera Rubell and institutional figures such as Thelma Golden and Scott Rothkopf, with the Presents section for emerging galleries also seeing brisk sales.

one takeaway from art basel it remains a buyers market 2659059

Art Basel 2025 saw cautious buying despite optimistic statements from major dealers like Pace's Marc Glimcher, who claimed sales velocity was as vigorous as any year. However, collector attendance was thin, with American attendance down for the second year running due to trade tensions and geopolitical concerns. Deals were closing at 20 to 30 percent below asking prices, confirming a buyer's market. Sales ranged from a $245 collectible Labubu figurine by Kasing Lung to works by Wei Libo, Joyce Joumaa, Lonnie Holley, Joan Jonas, Hao Ling, Sarah Lucas, and Rosemarie Trockel, with most activity under $1 million.

kenny schachter new york fair auction recap 2648049

Kenny Schachter's article for Artnet News draws a parallel between President Jimmy Carter's 1977 energy-crisis plea to lower thermostats and the current art-market response to Trump-era tariff turmoil. He reports that the spring 2025 auction cycle generated $1.25 billion, continuing a decade-long decline from the 2014 peak, with bidders spending less and big-ticket sellers stuck. Schachter also promotes his own no-reserve auction, "Hoarder #6," scheduled for July 8–17 at Phillips, and critiques Trump's economic policies and crypto ventures, name-dropping Justin Sun as a major holder of $Trump tokens.

who is marlene dumas highest selling living woman artist 2645224

At a Christie’s New York 21st-century art sale, Marlene Dumas’s painting *Miss January* (1997) sold for $13.6 million with premium, setting a new auction record for the most expensive artwork by a living woman artist. The work, estimated at $12–18 million, narrowly surpassed the previous record of $12.4 million held by Jenny Saville since 2018. Dumas, a 71-year-old South African painter based in Amsterdam, has built a steady market over decades, with her galleries carefully managing her work to avoid speculation.

may 2025 art auctions consignors 1234740631

The article previews the upcoming May 2025 marquee art auctions in New York, led by Christie's, Sotheby's, and Phillips. Key consignors include the collection of late Barnes & Noble founder Leonard Riggio and his wife Louise, along with works from Anne and Sid Bass, Tiqui Atencio, Daniella Luxembourg, the estate of Barbara Gladstone, and the San Francisco Museum of Modern Art. Notable lots include Dorothea Tanning's 'Endgame' (est. $1M–$1.5M), Robert Motherwell's 'Elegy to the Spanish Republic No. 160' (est. $3.5M–$5.5M), and Andy Warhol's 'Big Electric Chair' (est. $30M). The article also reveals undisclosed consignors through research, such as the family of Harold and Gertrud Parker for the Tanning work and the Hess Art Collection for the Motherwell.

emily fisher landau sothebys results 2391881

Sotheby's held a landmark evening auction on November 8 featuring 31 works from the collection of Emily Fisher Landau, a noted art patron who amassed around 1,200 works over 102 years. The sale achieved $406.4 million, surpassing its pre-sale estimate of $344.5–$430.1 million and becoming the most valuable auction dedicated to a female collector in history. Highlights included Pablo Picasso's *Femme à la montre* (1932), which sold for $139 million—the second-highest price for a Picasso at auction—and record-breaking results for Agnes Martin's *Grey Stone II* ($18.7 million), Mark Tansey's *Triumph Over Mastery II* ($11.8 million), and Jasper Johns's *Flags* (1986) ($41 million). Other notable sales included works by Cy Twombly, Ed Ruscha, and Andy Warhol's portrait of Landau.

Mark Rothko Painting Agnes Gund Hung in Her Living Room Sells for $98 M., Setting a Record

A Mark Rothko painting, *No. 15 (Two Greens and Red Stripe)* (1964), formerly owned by prominent art patron and Museum of Modern Art president emerita Agnes Gund, sold at Christie’s on Monday night for $98.4 million (including fees). The work, which Gund purchased directly from Rothko in 1967 and kept in her living room until her death last September, received about a dozen bids before hammering at $85 million to a buyer represented by Christie’s specialist Rachael White Young. The sale broke Rothko’s previous auction record of $86.9 million set in 2012 for *Orange, Red, Yellow* (1961), also at Christie’s New York.

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.

bob rennie national gallery of canada donation 24 artworks 1234777302

Vancouver-based collector Bob Rennie and his family have donated 24 significant contemporary artworks to the National Gallery of Canada in Ottawa. The gift features a major installation by Kerry James Marshall titled 'Wake' (2003–25), alongside works by Brian Jungen, Jin-me Yoon, and 17 pieces by Christopher Williams, marking the latter's debut in the museum's permanent collection.

top artists auction 2025 2735297

The article reports that the top tier of the art auction market rebounded strongly in 2025, with the ten most expensive lots totaling $757.1 million, a 48% increase from 2024. Gustav Klimt became the top-selling artist, driven by the sale of his *Portrait of Elisabeth Lederer* (1914–16) from the collection of the late Leonard Lauder, which was the most expensive artwork of the year. The rankings saw significant shifts: René Magritte, the top artist in 2024, fell to sixth place, while blue-chip names like Pablo Picasso, Andy Warhol, and Jean-Michel Basquiat strengthened their positions. Notably, no women or living artists appeared among the top 20 sellers in 2025, a reversal from the previous year when Yayoi Kusama and Joan Mitchell were present.

new money new taste intel report march 2025 2622189

The article, part of Artnet's Intelligence Report, profiles the rise of a new generation of art collectors, exemplified by Justine Freeman, granddaughter of legendary patron Betty Freeman. It highlights how millennials and Gen Z, who accounted for a quarter to a third of bidders at major auction houses in 2024, are reshaping the market by focusing on ultra-contemporary artists like Jadé Fadojutimi and Hilary Pecis, as well as nontraditional collectibles such as sneakers and Hermès bags. Notable sales include Maurizio Cattelan's banana artwork "Comedian" for $6.2 million to a 34-year-old crypto entrepreneur.

ripleys buys maurizio cattelan gold toilet sothebys 1234762386

Ripley’s Believe It or Not! has been revealed as the buyer of Maurizio Cattelan’s 18-karat gold toilet sculpture “America” (2016), which sold for $12.1 million at Sotheby’s “Now & Contemporary” auction on November 18, 2025. The work, consigned by billionaire collector and Mets owner Steve Cohen, hammered at $10 million after a single bid, just above the value of its raw gold. Sotheby’s had previously only identified the buyer as a “Famous American Brand.” Ripley’s announced the acquisition on Instagram, calling it the most valuable object in its collection and noting plans for public display, possibly allowing visitors to sit on the fully functional toilet.

maurizio cattelan america sothebys sale toilet 12 million 1234762122

Maurizio Cattelan's 18-karat gold toilet, titled *America* (2016), sold for $12.1 million at Sotheby's “The Now & Contemporary” sale on Tuesday evening, falling short of the artist's auction record. The work, owned by New York Mets owner Steve Cohen, hammered at $10 million—just above the value of its gold content—after a single bid. It was installed in a bathroom at Sotheby's Breuer Building for viewing but not use. The consignor was revealed to be Cohen, who acquired the piece from Marian Goodman Gallery in 2017. The sale accepted cryptocurrency, and the work did not carry a guarantee.

steve cohen consignor maurizio cattelan golden toilet sothebys 1234760545

Top 200 Collector Steven A. Cohen has been revealed as the consignor of Maurizio Cattelan's golden toilet sculpture, *America* (2016), which will be auctioned at Sotheby's on November 18. The work, made of 18-karat gold and weighing over 100 kilograms, was purchased from Marian Goodman Gallery in 2017. It will be displayed in a bathroom at Sotheby's Breuer Building before the sale, with a starting bid expected around $10 million based on the price of its weight in gold. The piece has a notable history: one version was exhibited at the Guggenheim Museum, offered to the Trump White House as a loan alternative to a van Gogh painting, and another was stolen from Blenheim Palace in 2019, making Cohen's the only extant version.

maurizio cattelan golden toilet sothebys auction 1234759561

Sotheby's is auctioning Maurizio Cattelan's solid gold toilet, titled "America" (2016), during its November evening sale at the Breuer Building in New York. The 18-karat, 100-kilogram functional toilet will be on view from November 8, though visitors will not be allowed to use it. The starting bid will be determined by the work's weight in gold, estimated around $10 million. The piece was previously exhibited at the Guggenheim Museum in 2016, where over 100,000 visitors used it, and at Blenheim Palace in the UK, where it was infamously stolen in a smash-and-grab heist and never recovered. Sotheby's will accept cryptocurrency for the sale, following the precedent set by Cattelan's banana artwork last year.