Rare ‘Ocean Dream’ Diamond Sells for Record $17.3 Million at Christie’s

A rare 5.5-carat blue-green diamond known as the 'Ocean Dream' sold for $17.3 million at Christie’s Geneva jewelry sale, setting a record for a fancy vivid blue-green diamond at auction. The sale far exceeded its presale estimate of $9 million to $13 million after a 20-minute bidding battle. In other auction news, Sotheby’s New York sold over $433 million worth of art in its contemporary art sales, including 11 pieces from the Robert Mnuchin collection. Meanwhile, London’s Wellcome Collection agreed to return around 2,000 sacred Jain manuscripts to the Jain religious community under a new restitution framework, acknowledging they were acquired unethically. Several art fairs were announced, including Zero 10 curated by Trevor Paglen at Art Basel in Switzerland, CAN Art Fair Ibiza’s fifth edition, and Art-o-rama’s 20th edition in Marseille. Notable gallery news includes the bankruptcy and closure of French gallery Air de Paris after 36 years, and Carine Karam becoming director of Opera Gallery’s New York outpost. Hong Kong’s M+ and Paris’s Centre Pompidou announced a multi-year strategic alliance, and New York’s Frick Collection entered a three-year partnership with Louis Vuitton.

Wet Paint Does Frieze Week: The Dinosaur Dealer Downtown, David Zwirner Tribeca, and More Juicy Art-World Gossip

Artnet News' gossip column 'Wet Paint' covers the opening week of Frieze New York, beginning with the group show 'Statics of an Egg' at David Zwirner's newly renamed Tribeca gallery (formerly 52 Walker). Curated by Martin Germann, the exhibition features Japanese artists gathered by Yu Nishimura and Kenji Ide, with Nishimura's painting 'in waiting' highlighted. The column also reports on a private party at the River art-world hangout and a visit to Amanita gallery for 'A Land Before Time: Three Dinosaurs and a Gondola,' which includes a John Chamberlain sculpture. Notable attendees include artists Sasha Gordon, Olivia van Kuiken, Calvin Marcus, and Josh Smith, as well as dealers Marlene Zwirner and Matthew Brown.

Art Basel Curbs Pre-Fair Sales—and More Art Industry News

Art Basel has launched a "Basel Exclusive" initiative to curb pre-fair PDF sales, encouraging galleries to withhold works from previews to drive in-person discovery at its flagship Swiss event (June 16–21). Around 170 of 232 exhibitors have opted in. Meanwhile, Volta returns to Basel with a new "5,000 Edit" section for works under CHF 5,000 to attract younger collectors, and the alternative fair Esther will hold its third edition in New York during Frieze Week. In other news, Sotheby's set a U.S. record for design auctions with the Jean and Terry de Gunzburg collection totaling $96 million, and billionaire collector Mitchell P. Rales pledged $116 million to the National Gallery of Art to fund loans to smaller museums. The Smithsonian American Art Museum named Lynda Roscoe Hartigan as its new director, and Gladstone Gallery plans a new Seoul space for 2026.

Gabrielle Goliath, Richard Avedon, “Chicken Linda”

Hyperallergic editor-in-chief Hakim Bishara reflects on skipping the New York art fairs and a record-breaking $181 million Jackson Pollock sale at Christie's, instead focusing on a profile of pioneering performance artist Linda Montano (now 84) who welcomed a contributor in a chicken costume, and Gabrielle Goliath's exhibition "Elegy" which was banned from South Africa's Venice pavilion by the culture minister but is now on view in a church. The newsletter also announces Hyperallergic's New York Press Club journalism award for Noah Fischer's comic "A Prospect Heights Ghost Story," supported by the Economic Hardship Reporting Project, and rounds up other art news including a $1 billion Christie's sale, a Billie Holiday monument commission, and public sculptures by Sarah Lucas, Roberto Lugo, and Kyle Goen.

Mom, I'm Gonna Be an Artist!

Hyperallergic's Saturday newsletter, edited by Valentina Di Liscia, rounds up a week of art-world activity marked by protests and resistance. Staff Writer Isa Farfan asked 15 artists to share advice from their mothers for Mother's Day, featuring responses from Pat Oleszko, whose work is in the Whitney Biennial. The newsletter also covers editor-in-chief Hakim Bishara's report on a historic strike for Palestine and workers' rights at the Venice Biennale, where dozens of national pavilions shut down, and Editor-at-Large Hrag Vartanian's review of the central exhibition "In Minor Keys." Additional stories include Damien Davis on artists and consignment agreements, Matt Stromberg on the LA Art Book Fair, a protest against Jeff Bezos at the Met Gala, MoMA PS1's upcoming Teresa Margolles survey, and a picket at the American Folk Art Museum.

Art Movements: New Museum Names Its First Artist Studio Residents

The New Museum has named Yun Choi, Alison Kuo, and Korakrit Arunanondchai as the first artists-in-residence for its new Artist Studio, a 730-square-foot space created by the museum's OMA-designed expansion. The residencies will run from spring 2025 through winter 2027, with each artist developing new work, onsite exhibitions, and public programs. Separately, Forge Project announced its 2026 fellows—six Indigenous artists including Jay Bellis, Heidi Brandow, and Tiare Ribeaux—who will each receive $25,000 and a three-week residency. In other news, the Robert Therrien Estate has left Gagosian for David Zwirner Gallery, Laurel Nakadate won the Maud Morgan Prize, and Frieze New York revealed a staff uniform designed by artist Reika Takebayashi.

Frieze New York, the Cranach in Hitler’s Munich apartment, Ajamu X—podcast

This episode of The Art Newspaper's podcast covers several art-world stories. Ben Sutton and Kabir Jhala discuss the current edition of Frieze New York, alongside other concurrent fairs like Esther and Tefaf, and preview the upcoming New York auctions. Ben Luke interviews Martin Bailey about a Lucas Cranach the Elder painting, 'Cupid Complaining to Venus' (1526-27), which once hung in Adolf Hitler's Munich apartment, with a newly published photograph from the 1940s. The episode also features a segment on Ajamu X's 'Glamour Posse' series from the early 1990s, part of the touring exhibition 'Gender Stories' opening at the Walker Art Gallery in Liverpool, with comments from gallery head Charlotte Keenan.

Miniature Model and Giant Buddha

This Hyperallergic newsletter covers multiple New York art stories: Joe Macken's 50-foot hand-built wood replica of New York City now on long-term view at the Museum of the City of New York, Tuan Andrew Nguyen's towering Buddha sculpture on the High Line referencing the destroyed Bamiyan Buddhas, and the MoMA PS1 survey "Greater New York." It also reports on CONDUCTOR, New York's first art fair committed to the global majority, a new experimental artist-run space called The Gallery in Brooklyn, and reviews of Mark Milroy at JJ Murphy and Kim Gordon at Amant.

John Chamberlain’s Former Studio Hosts a Star-Studded New Interview Series

The John Chamberlain Estate is launching "ON THE COUCH," a biweekly filmed interview series hosted by estate director Alexandra Fairweather, timed to what would have been the sculptor's 100th birthday. Season one features eight cultural figures including artist Daniel Arsham, architect Annabelle Selldorf, fashion designer Alexander Wang, interior designer Sasha Bikoff, entrepreneur Jon Gray, and painter David Salle. Episodes will be filmed at Chamberlain's former studio on Shelter Island, now a private museum, with guests seated on his iconic foam couches. The series launches May 19 across major streaming platforms.

The Only Guide to This Year’s Venice Biennale You Will Ever Need

The 61st Venice Biennale opens amid significant turmoil. The entire jury of the International Art Exhibition resigned after a statement about withholding prizes from countries with leaders charged with crimes against humanity by the ICC, leading to the cancellation of the Golden Lion awards in favor of 'Visitors' Lions' to be given at the exhibition's end. The event has been further marred by the sudden death of artistic director Koyo Kouoh from liver cancer in early 2025, and the death of artist Henrike Naumann, who was set to debut work in the German pavilion. Additionally, the selection process for the American pavilion artist, Mexico-based sculptor Alma Allen, sparked controversy after a delayed grant application process.

Venice Biennale Strike Makes History

On May 8, thousands marched through Venice and more than two dozen national pavilions were partially or fully shuttered during a 24-hour strike organized by the Art Not Genocide Alliance and local activist groups. The strike, which included Palestinian flags draped over artworks, marks the first cultural strike in the Venice Biennale's 131-year history. Italian police beat back protesters as Editor-in-Chief Hakim Bishara reported from the scene. Separately, a nesting seagull near the Polish pavilion became an unexpected star, and the LA Art Book Fair opened with a focus on archival materials.

Six Artists Vie to Design Billie Holiday Monument in New York

Six artists have been selected as finalists to design a public monument honoring jazz singer Billie Holiday in Queens, New York, outside the Jamaica Performing Arts Center. The finalists—La Vaughn Belle, Nikesha Breeze, Nekisha Durrett, Tanda Francis, Thomas J. Price, and Tavares Strachan—submitted proposals after an open call in late 2025, site visits, and discussions with Holiday scholars and family. The New York City Department of Cultural Affairs released the designs on May 19 for public feedback through the end of May, with a final selection expected later this year. Proposals range from abstract silhouettes and bronze beans to more representational figures, reflecting Holiday's legacy and her connection to Queens.

Dubai Plans a Massive New Museum for Digital Art

Dubai has announced plans for a new Museum of Digital Art (MODA), a major institution dedicated to digital and tech-driven art. The museum is part of a $27 billion transformation of Dubai's financial district into a technology hub, and will feature immersive and interactive experiences. No budget or completion date has been set, but Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, chairperson of Dubai Culture, stated the museum advances the city's commitment to converging creativity and technology. The museum will be designed by Adrian Smith + Gordon Gill Architecture, the firm behind the Burj Khalifa.

Venice Biennale 2026: How Do You Critique a Posthumous Exhibition?

The article, published by ArtReview, examines the upcoming 61st Venice Biennale (2026), titled *In Minor Keys*, which was conceived by artistic director Koyo Kouoh before her death from cancer in May 2025 at age 57. The exhibition, based on Kouoh's drafted concept and completed by a curatorial team including Rory Tsapayi, Siddhartha Mitter, Marie Hélène Pereira, Gabe Beckhurst Feijoo, and Rasha Salti, adopts a musical metaphor of "minor-ness" and aims to avoid the pitfalls of previous Biennales by focusing on soul frequencies and dissonant harmony rather than direct commentary on world crises. The author, Martin Herbert, questions how critics will respond to a posthumous exhibition of this unprecedented scale, noting that previous artistic directors like Robert Storr, Cecilia Alemani, Christine Macel, and Adriano Pedrosa have faced varied critical receptions.

New York art world spared worst of logistics woes

New York's spring art fairs—including Frieze, Tefaf, Independent, and Nada—are proceeding largely on schedule despite ongoing disruptions from the war in Iran. Airspace closures, reduced flights, rising fuel costs, and the closure of the Strait of Hormuz have strained global art logistics, forcing rerouting, last-minute cancellations, and cost increases of up to 2,500%. Logistics firms like Hasenkamp and Gander & White report that while shipments are still arriving, the system has become fragile, with clients prioritizing safety and resilience over speed.

Billie Holiday Comes to Queens

A shortlist of artists including Thomas J Price and Tavares Strachan is competing to design a new public monument honoring jazz legend Billie Holiday in Queens, New York. The New York City Department of Cultural Affairs has revealed six commission proposals for the project, which aims to celebrate Holiday's groundbreaking legacy as a vocalist and cultural icon. Separately, the Museum of the City of New York is opening the Puffin Foundation Center for Social Activism, dedicated to civic engagement and social justice.

A True-to-Life Biennale

Hakim Bishara, editor-in-chief of Hyperallergic, reflects on the 61st Venice Biennale after returning to New York, describing it as historical, political, and thrilling. He counters critics who claimed the Biennale imploded due to boycotts and resignations, arguing it was more alive than ever. The late Koyo Kouoh's main exhibition "In Minor Keys" is praised for reflecting global woes and joys. The article also highlights a major strike by artists and cultural workers that disrupted the pre-opening, the first cultural strike in the Biennale's 131-year history, with 54 artists in the international exhibition and 22 national pavilion teams withdrawing from awards consideration in solidarity with the jury's resignation.

American Folk Art Museum Workers Picket Gala, Calling for Higher Wages

Workers at the American Folk Art Museum in New York City, represented by UAW Local 2110, picketed the museum's annual gala at the Mandarin Oriental in Manhattan on May 6, 2026. They demanded higher wages and better benefits after contract negotiations stalled for nearly two years. Frontline workers earn $19 per hour, about $12,000 below the city's living wage, while the museum's CEO Jason Busch earned $321,882 in 2024. The union requested a three-year contract raising wages to $30 per hour, but management offered only $21.50 and refused to guarantee existing benefits, leading to the protest.

Numerous Venice Biennale Pavilions and Artists Go on Strike in Protest over Israel’s Participation

Thousands of protesters marched through Venice on the eve of the Venice Biennale's public opening, organized by Art Not Genocide Alliance (ANGA), to demand Israel's exclusion from the event. At least 18 national pavilions—including Austria, Belgium, France, Great Britain, and Ukraine—participated in a 24-hour strike, shutting down completely or partially. Protesters chanted slogans, waved Palestinian flags, and carried banners reading "no genocide pavilions," while ANGA released a statement with 236 signatories calling for Israel's removal, citing the humanitarian crisis in Gaza.

Frieze New York will Open With 68 Galleries from 26 Countries, and Other News.

Frieze New York will open on May 13, 2026, at The Shed with 68 galleries from 26 countries, marking its 15th edition. The fair emphasizes Central and South American galleries, supported by new committee members Fátima González and Omayra Alvarado, alongside blue-chip exhibitors like Gagosian, Hauser & Wirth, and Pace. In other news, Phillips set a watch auction record with its $96.3 million Geneva sale, the Met Gala generated $1.56 billion in media value, and ICFF announced a November 2027 edition. Tiffany & Co. and the CFDA launched a new jewelry design scholarship.

‘Exclusion can only satisfy the ego’: Venice Biennale president hits out at critics amid Russia and Israel controversy

Venice Biennale president Pietrangelo Buttafuoco defended the institution against critics at a conference on May 6, three days before the public opening, amid controversy over Russia's return to the event for the first time since its 2022 invasion of Ukraine and ongoing disputes over Israel's participation. He accused critics of “narcissism” and “censorship,” while Italian culture minister Alessandro Giuli sent inspectors to investigate whether Russia's involvement breached sanctions; a report was submitted to Prime Minister Giorgia Meloni's office. Meanwhile, the Biennale faces legal threats from the artist representing Israel over alleged discrimination, and protests have erupted, including a demonstration by Art Not Genocide Alliance and a Pussy Riot action at the Russia pavilion.

Thomas J. Price and Tavares Strachan Make Shortlist for Billie Holiday Monument Designs

The New York City Department of Cultural Affairs has announced a shortlist of six finalists for a public monument honoring jazz singer Billie Holiday, to be installed outside the Jamaica Performing Arts Center in Queens. Among the top contenders are British sculptor Thomas J. Price and Bahamian conceptual artist Tavares Strachan, whose proposals include abstract bronze forms and a mirrored column, respectively. Other finalists are La Vaughn Belle, Nikesha Breeze, Nekisha Durrett, and Tanda Francis, all of whom consulted with Holiday scholars and family members to develop their designs.

Seattle Art Museum Workers Move to Unionize

Over 100 employees at the Seattle Art Museum (SAM) have announced their intention to unionize, forming Seattle Art Museum Workers United (SAMWU) and affiliating with the Washington Federation of State Employees/AFSCME Council 28. In a letter to Director and CEO Scott Stulen and the museum board, staff across departments including visitor experience, collections care, curatorial, and education cited unsustainable wages, subpar health benefits, and top-down decision-making as key grievances. They are urging voluntary recognition by May 27 to bypass a formal election, and also call for just-cause job protections. The effort follows a successful 2024 strike by SAM's unionized security guards.

Who Should Design NYC’s New Billie Holiday Monument?

The New York City Department of Cultural Affairs (DCLA) has revealed six commission proposals for a monument honoring legendary jazz vocalist Billie Holiday, to be installed outside the Jamaica Performing Arts Center in Queens through the Percent for the Art program. The artists in the running are Thomas J Price, Tanda Francis, Nekisha Durrett, La Vaughn Belle, Tavares Strachan, and Nikesha Breeze, and the public is invited to share input on the conceptual designs before the final selection. The monument emerged from the 2018 She Built NYC initiative, which aimed to address the lack of historical monuments dedicated to influential women in the city, and was revitalized in 2024 after delays caused by the COVID-19 pandemic.

Israel Criticizes Venice Biennale Jury over Pavilion’s Exclusion

The international jury of the 61st Venice Biennale has excluded the Israeli and Russian pavilions from consideration for official prizes, citing that countries whose leaders are charged with crimes against humanity by the International Criminal Court will not be eligible. Israel’s foreign ministry condemned the decision as a political boycott, and Israeli representative Belu-Simion Fainaru called it a hostile act that exceeds the jury’s mandate. The Biennale’s president, Pietrangelo Buttafuoco, has distanced the institution from the jury’s action, insisting the exhibition remain open to all nations recognized by Italy.

Under pressure, the jury of the 61st Venice Biennale will exclude Russian and Israeli pavilions from the awards

Sous pression, le jury de la 61e Biennale de Venise exclura les pavillons russe et israélien du palmarès

The 61st Venice Biennale, titled "In Minor Keys" and running from May 9 to November 22, 2026, has been embroiled in political controversy after organizers decided to reinstate the Russian pavilion, which had been excluded since Russia's 2022 invasion of Ukraine. Under pressure from the European Commission, which threatened to suspend a €2 million grant, the jury announced it will exclude artists from the Russian and Israeli pavilions from winning prizes, citing that leaders Vladimir Putin and Benjamin Netanyahu face International Criminal Court charges for crimes against humanity. The Russian pavilion will remain closed to the public but open for VIP press previews, while the Israeli pavilion stays open to the public. Italian Culture Minister Alessandro Giuli has refused to attend the opening ceremony in protest.

Seattle Art Museum Workers Announce Unionization

More than one hundred employees at the Seattle Art Museum (SAM) announced their intent to unionize on May 13, delivering a letter to museum director and CEO Scott Stulen. Organizing as Seattle Art Museum Workers United (SAMWU) under the Washington Federation of State Employees/AFSCME Council 28, the staff—spanning over twenty departments—cited unsustainable wages, subpar health benefits, and top-down decision-making as key issues. They filed for an election with the National Labor Relations Board but will withdraw the petition if the museum voluntarily recognizes the union by May 27. Stulen acknowledged receipt of the letter and committed to good-faith negotiations.

At the Venice Biennale, protests, self-mutilation and rage against Israel and Russia. Is anyone left to talk about the art?

At the 61st Venice Biennale, protests and controversies have overshadowed the art itself. The Art Not Genocide Alliance (ANGA) demonstrated against the inclusion of Israel and Russia, while the Israeli Pavilion became a flashpoint. Artist Belu-Simion Fainaru, presenting his installation "Rose of Nothingness" in a temporary space, complained that he was forced to defend his art's right to exist amid questions about politics rather than his work. The Biennale also saw barricades, strikes, the resignation of the Golden Lion jury, Iran's last-minute withdrawal, and anger directed at the American pavilion over Trump administration policies. The central exhibition, "In Minor Keys," curated by the late Koyo Kouoh, was eclipsed by these events.

Dispatch: Beijing

The article reports on a series of significant shifts in Beijing's art world since 2024. UCCA Center for Contemporary Art faced financial troubles; its director and CEO Philip Tinari ended his 14-year tenure to lead Hong Kong's Tai Kwun. Taikang Art Museum also disclosed leadership changes. Smaller venues like DRC NO. 12 and fRUITYSPACE closed due to lease issues. Independent publishing faces sharp restrictions, and art book fairs are being replaced by cultural-lifestyle merchandise events. Official figures show Beijing lost over a million young residents since 2020 due to soaring living costs and tightening regulations.

Korea’s art market grows, but working conditions for entry-level workers do not

A 20-something intern at a small Seoul gallery, identified as Park, accepted a job paying 1.35 million won ($910) per month after taxes—below South Korea's minimum wage—because she believed early experience was essential for career advancement in the art world. The article, based on interviews with the Korea JoongAng Daily, reveals that many entry-level workers face low pay and precarious conditions, exacerbated by a severe oversupply of arts graduates (48,000 annually) versus only about 3,523 job postings per year on the industry site Art More, leading to reliance on personal connections and informal hiring.