The Met is Finally Treating Lee Krasner as Pollock’s Equal—Will the Market Follow?

The Metropolitan Museum of Art has announced a major upcoming exhibition titled "Krasner and Pollock: Past Continuous," which aims to present Lee Krasner and Jackson Pollock as artistic equals. While the museum's narrative seeks to reframe Krasner as a formidable figure of the New York School on her own terms, the art market continues to reflect a significant valuation gap. Pollock’s auction record stands at over $61 million, while Krasner’s peak public sale remains just under $12 million, highlighting the persistent commercial struggle for female Abstract Expressionists.

Unseen George Condo Works Arrive at Auction From Anna Condo’s Collection

Anna Condo, the former wife of American painter George Condo, is bringing 27 previously unseen works from her private collection to auction at Christie’s. The collection, which includes paintings, drawings, and sculptures acquired during their 28-year marriage, will be featured in the Post-War and Contemporary Art day sale on May 21. These works have never been exhibited or sold publicly, offering a rare glimpse into the artist's private creative output between 1988 and 2017.

Billionaire Collector Ken Griffin’s Basquiat Buying Spree Continues

Billionaire collector Ken Griffin has significantly expanded his holdings of Jean-Michel Basquiat, notably acquiring the 1983 masterpiece 'In Italian' from the collection of Peter Brant. The acquisition came to light through press materials for an upcoming exhibition at the Pérez Art Museum Miami (PAMM) titled "Basquiat: Figures, Signs, Symbols," which will showcase nearly a dozen works from Griffin’s private collection. The show, curated by PAMM director Franklin Sirmans and Griffin’s curator Megan Kincaid, includes other high-profile acquisitions such as the 1982 'Untitled (Skull)' previously purchased from Yusaku Maezawa.

Inside ‘Prince of Prints’ Jordan Schnitzer’s Sprawling Collection

Jordan Schnitzer, the Portland-based philanthropist often called the 'Prince of Prints,' recently provided a rare tour of his massive 50,000-square-foot art warehouse. The facility utilizes a sophisticated 'floating bin' logistics system, similar to those used by major retailers, to manage over 22,000 works, including extensive holdings by Andy Warhol, Joseph Beuys, and Richard Prince. Schnitzer’s foundation operates as a lending library, frequently shipping works to museums and hosting educational tours for students from districts where arts funding has been eliminated.

In Paris, Highly Mobile Gallerists

À Paris, des galeristes très mobiles

The Parisian art scene is experiencing a significant wave of gallery expansions and relocations across both the Right and Left Banks. Major developments include Kamel Mennour acquiring the former Malingue gallery space on Avenue Matignon for secondary market masterpieces, and Christophe Person moving from the Marais to a redesigned space on Rue du Bac with the backing of collector Jean Claude Gandur. Other notable moves include London-based Waddington Custot opening a Parisian branch, Singapore's Cuturi Gallery settling in the Palais-Royal, and Vincent Sator inaugurating a new space in the David Chipperfield-designed Morland Mixité Capitale complex.

What Germany’s Art Market Reveals About the Limits of Localism

German art dealers are increasingly pivoting toward regional strategies as the national market faces a period of stagnation. While the broader European Union saw a modest rise in dealer sales, Germany’s market contracted by 4 percent between 2024 and 2025, hampered by high interest rates and a sluggish post-pandemic recovery. In response, major fairs like Art Cologne are launching satellite editions in locations like Mallorca to follow wealthy German collectors on vacation, while Art Düsseldorf prepares for a record-breaking edition despite the economic downturn.

Art Dubai announces updated gallery list for postponed 2026 edition

Art Dubai has released a revised exhibitor list for its 2026 edition, which was rescheduled to May 15–17 following regional instability caused by the US-Israel war in Iran. The fair will feature 50 galleries at Madinat Jumeirah, down from its original roster after approximately 75 participants—including major Indian and Western galleries—withdrew due to scheduling conflicts and logistics. To support those remaining, the fair has introduced a flexible fee structure where galleries pay a percentage of sales capped at the original stand cost.

A Parisian Man Just Won a $1 Million Picasso Painting with a $117 Raffle Ticket

Ari Hodara, a 58-year-old engineer from Paris, has won a Pablo Picasso painting valued at approximately $1 million after purchasing a raffle ticket for just 100 euros. The artwork, a 1941 gouache-on-paper titled "Head of a Woman," depicts the artist's muse Dora Maar and was provided by Opera Gallery. The raffle sold 120,000 tickets globally, successfully raising significant funds for charity.

Sotheby’s Tries Again to Sell $40 M. Picasso Painting That Didn’t Make It to Auction in 2008

Sotheby’s has announced the sale of Pablo Picasso’s 1909 Cubist masterpiece, Arlequin (Buste), which is expected to fetch approximately $40 million during the New York marquee auctions this May. The painting is the crown jewel of a collection belonging to the late Surrealist artist Enrico Donati and his wife Adele. This marks the second time Sotheby’s has attempted to sell the work; it was famously withdrawn from a 2008 auction just a week before the sale due to undisclosed private reasons.

Gallery Not Paying? Call Kenny Schachter’s Kollection Agency. He Gets Results!

Art world provocateur Kenny Schachter addresses the current climate of anxiety within the industry, touching on everything from the existential threats of advanced AI tools like Anthropic’s Mythos to the 'doomster' narratives of market analysts. Amidst reports of dwindling demand and galleries struggling with non-paying clients, Schachter highlights the enduring value of historical works, such as a 1799 Goya etching, while dismissing claims that screens are replacing physical art in the home.

The Personal Collection of ‘Last Surrealist’ Enrico Donati Heads to Auction

Sotheby’s has announced the sale of the personal art collection of Enrico Donati, often referred to as the 'last Surrealist.' The 45-lot collection, titled "A Night in May," features works amassed by Donati and his wife Adele, including a rare 1909 Cubist portrait by Pablo Picasso, 'Arlequin (Buste),' estimated at $40 million. The auction marks the first time these intimate pieces—many acquired through direct exchanges with friends like Marcel Duchamp and Yves Tanguy—have been offered since the artist's death in 2008 and his wife's passing last year.

Andy Warhol | Kiku Flowers (with hardback exhibition book, “edition club” order forms) (1984) | Available for Sale

APC ART has announced the exclusive sale of a rare 1984 Andy Warhol screenprint titled "Kiku Flowers." The work originates from a limited edition of 1,500 produced for a landmark exhibition at the Gendai Hanga Center in Tokyo and is being offered as a comprehensive historical package. The sale includes the original cloth-bound exhibition catalog and primary source documents, such as the original "edition club" order forms used for the Kiku suite.

Art Card: Helen Frankenthaler at the Milwaukee Art Museum (Hand Signed by Helen Frankenthaler) , 1985

A rare, hand-signed offset lithograph invitation card from a 1985 Helen Frankenthaler exhibition at the Milwaukee Art Museum has surfaced on the market. The two-sided card, which served as an invitation for the show "Frankenthaler, Works on Paper, 1949-1984," was signed by the artist in ink during her talk at the opening reception on October 3, 1985. It is currently presented in a double-sided frame to preserve the integrity of the signature and the exhibition text.

Lorna Simpson’s David Adjaye–Designed Brooklyn Home and Studio Remains On the Market—At a Much-Reduced Price

Artist Lorna Simpson has significantly reduced the asking price for her Brooklyn home and studio, located at 208 Vanderbilt Avenue in Fort Greene. Originally listed for $6.5 million in August 2025, the 3,300-square-foot townhouse is now priced at $5 million following months on the market. The property, which features a double-height great room and floor-to-ceiling windows, was custom-built in 2006 for Simpson and her then-husband, artist James Casebere.

Marc Restellini’s ‘atom bomb’ of a Modigliani catalogue raisonné is finally published

After nearly three decades of legal disputes and intense research, Marc Restellini has finally published his definitive catalogue raisonné of Amedeo Modigliani’s oil paintings. Released through the Institut Restellini and Yale University Press, the six-volume work utilizes forensic scientific analysis, spectrometry, and archival evidence to authenticate the artist's oeuvre. The publication includes 100 newly authenticated works while excluding 15 previously accepted paintings due to a lack of definitive evidence, marking a shift from connoisseurship to a fact-based methodology.

Lawrence Weiner | A Means To An End (Hand Signed) (2006) | Available for Sale

A hand-signed original exhibition poster by the late conceptual artist Lawrence Weiner, titled "A Means to an End" (2006), has been made available for purchase through ArtWise in Brooklyn. Created for Weiner’s solo exhibition at Le Musée de Sérignan, the color offset lithograph features the artist's signature in black pen and exemplifies his career-long investigation into language as a sculptural medium. The work is priced at $700 and includes a certificate of authenticity from the gallery.

EXPO CHICAGO 2026 Opens With Local Enthusiasm and Strong Institutional Sales

EXPO CHICAGO 2026 has launched at Navy Pier with a streamlined, highly curated format that emphasizes quality over quantity. The fair’s opening days have been defined by robust institutional engagement, with several major museums acquiring works for their permanent collections. This year’s edition features a diverse array of artists and galleries, reinforcing its position as the premier contemporary art platform in the American Midwest.

This Watch Witnessed the Rise of the Empire State Building. Now It’s Up for Sale

A rare 1929 Patek Philippe wristwatch, originally owned by Paul Starrett—the chairman of the corporation behind the Empire State Building—is headed to auction at Phillips in New York. The Tiffany & Co. signed timepiece was purchased by Starrett during the construction of the iconic skyscraper and features unique floral engravings alongside his initials. It is expected to fetch between $15,000 and $30,000 during the June sale.

Art Paris: A Better Result Than Expected

Art Paris, un bilan meilleur que prévu

The 28th edition of Art Paris concluded with stronger-than-expected sales despite a sluggish start and a volatile global climate. Featuring 165 galleries, the fair solidified its position as a key regional event for French collectors, offering a price range typically between €10,000 and €40,000. While mega-galleries like Almine Rech participated with accessible works, the fair also welcomed newcomers like Esther Schipper and In Situ-Fabienne Leclerc, who reported positive results across various media including ceramics, photography, and painting.

Fort Worth's Gallery at Bowie House to Present New Art Exhibition Featuring Carly Allen Martin and Erik Skoldberg

The Gallery at Bowie House in Fort Worth is launching a new exhibition titled "Memory Lane," featuring abstract works by artists Carly Allen Martin and Erik Skoldberg. Since opening in December 2023 within the luxury Auberge Resorts Collection hotel, the gallery has integrated fine art into every guest room and public space, selling hundreds of works ranging from $30,000 to several hundred thousand dollars. The upcoming show marks a shift for the space, moving from its typical figurative Western aesthetic toward contemporary abstraction.

A New Luis Paret for the Prado

Un nouveau Luis Paret pour le Prado

The Museo del Prado in Madrid has expanded its 18th-century Spanish collection with the acquisition of a painting by Luis Paret y Alcázar titled 'María and Ludovica, the Painter’s Daughters'. The oil-on-copper work, dated 1783, depicts the artist's young daughters in a style reminiscent of nymphs. This acquisition was made possible through the significant bequest of Juan José Luna, which also recently funded the purchase of works by François Boucher.

New Orleans Galleries’ Spring Sale Blooms With Modern and Contemporary Works

New Orleans Auction Galleries has announced its upcoming Fine Art and Design sale, featuring 279 lots that span over a century of modern and contemporary art. The auction highlights a diverse range of works, including pieces by Mexican modernist José Clemente Orozco, Abstract Expressionist Grace Hartigan, and Southern Regionalist John McCrady. The selection focuses on themes of identity, social consciousness, and the intersection of text and visual media.

Which Country’s Art Market Came Out on Top in 2025?

The United States solidified its position as the world's leading art market in 2025, with fine-art auction sales rising 25.3 percent to reach $5.4 billion. Despite early volatility caused by trade tariffs, a surging stock market and cooling inflation fueled a massive November auction season in New York, where nine of the year's ten most expensive artworks were sold. In contrast, China's market contracted by nearly 11 percent due to a persistent property crisis, while the United Kingdom and France saw significant growth, with Paris benefiting from the momentum of Art Basel Paris.

A historic section of the Eiffel Tower's original staircase is set to go up for auction

Un tronçon historique de l’escalier d’origine de la tour Eiffel s’apprête à s’envoler aux enchères

The auction house Artcurial is set to auction a 2.75-meter-tall section of the original spiral staircase from the Eiffel Tower on May 21. This specific segment, consisting of fourteen riveted steel steps, was part of the structure connecting the second and third floors until it was dismantled in 1983 to make way for modern elevators. Estimated between €120,000 and €150,000, the piece holds significant historical value as it is the inaugural 'Lot No. 1' from the original 1983 dispersal sale.

How Entertainment Exec Hassan Smith Built an Art Collection Championing Black Artists

Entertainment executive Hassan Smith has curated a deeply personal art collection in his North Atlanta home that bridges historical mastery with contemporary Black identity. His holdings range from a 17th-century Rembrandt drawing in the kitchen to iconic photography by Gordon Parks and contemporary works by artists like Ferrari Sheppard and Derek Fordjour. The collection is characterized by its integration into daily family life, featuring a Basquiat-inspired aesthetic that begins at the front door.

Dream Win With a Catch

Traumgewinn mit Haken

A 58-year-old sales engineer from Paris has won a 1941 Pablo Picasso portrait titled "Tête de femme" through a charity raffle. The winner acquired the masterpiece, valued at approximately €1.45 million, by purchasing a single €100 ticket. Organized to benefit Alzheimer’s research, the international lottery sold 120,000 tickets across 152 countries, raising a total of €12 million.

Sotheby’s Sued by Cushman and Wakefield Over Unpaid $10.2 Million Commission

Real estate brokerage Cushman and Wakefield has filed a lawsuit against Sotheby’s, alleging the auction house failed to pay a $10.2 million commission following the $510 million sale of its former York Avenue headquarters to Weill Cornell Medicine. The broker claims that under a 2023 agreement, they were entitled to a 2-percent fee if the medical school transitioned from a tenant to a buyer, a deal that was finalized in 2025. Sotheby’s has dismissed the lawsuit as "baseless," asserting they will be vindicated in court.

Latin American Art: Structural Growth between Market and Institutions

Latin American Art: Structural Growth between Market and Institutions

Latin American contemporary art is experiencing structural growth and increased global visibility between 2024 and 2026, moving beyond speculative trends toward deep-seated institutional legitimacy. This shift is highlighted by the prominent inclusion of regional artists in major international platforms, most notably the 2026 Venice Biennale and the Pinault Collection. Key figures such as Rosanna Paulino, Adriana Varejão, and Paulo Nazareth are leading this movement, utilizing diverse media to explore themes of post-colonialism, racial violence, and ecological memory.

Consonni Radziszewski Launches With a Three-City Footprint

Dealers Matteo Consonni and Dawid Radziszewski have merged their respective galleries, Madragoa in Lisbon and Galeria Dawid Radziszewski in Warsaw, to form a single entity: Consonni Radziszewski. The new gallery launched with a third physical space in Milan, timed to coincide with the city's art week and the Venice Biennale. This merger follows a three-year period of collaboration on art fair booths and joint artist representation, specifically for photographer Joanna Piotrowska.

How the Acquavella Family Controls the Matisse Market

The Acquavella family has solidified its position as the primary gatekeeper of the Henri Matisse market, leveraging decades of relationships with the artist's heirs and a deep inventory of blue-chip works. By maintaining a near-monopoly on the most desirable secondary market pieces and providing expert authentication guidance, the gallery dictates pricing and availability for one of the 20th century's most valuable artists.