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 Movements: Larry Gagosian Heads to the Big Screen

This week's Art Movements roundup covers several major art world developments. Larry Gagosian is the subject of a new unauthorized documentary by Canadian director Barry Avrich, completing his trilogy on the art industry. Pace Gallery has taken on representation of the Constantin Brancusi Estate. The Maxwell/Hanrahan Foundation announced five winners of its 2026 Awards in Craft, each receiving $100,000. Selldorf Architects and Studios Architecture Paris have been selected to lead a $1 billion renovation of the Louvre Museum, including a new room for the Mona Lisa. Other news includes the Sharpe-Walentas Studio Program's 2026–2027 cohort, A Blade of Grass's 2026 In Fellowship cohort, and several appointments.

Watching You, Watching Me: On Panteha Abareshi and the Spectacle of Illness

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.

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.

A New York il Metropolitan museum ingloba la Neue Galerie: ovvero la più importante collezione d’arte austriaca e tedesca fuori dall’Europa

The Metropolitan Museum of Art and the Neue Galerie in New York have announced a merger set for 2028. The Neue Galerie, founded by collector Ronald S. Lauder, will become The Met Ronald S. Lauder Neue Galerie, absorbing the most significant collection of early 20th-century Austrian and German art outside Europe, including Gustav Klimt's "Portrait of Adele Bloch-Bauer I." Lauder and his daughter Aerin Lauder Zinterhofer will donate thirteen major works from their private collection, and a fundraising campaign has been launched to support the integration.

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.

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.

“Villa Borghese è perfetta e non si tocca”. Siamo andati a vedere se è proprio così perfetta

A private company donated a design competition to the Galleria Borghese in Rome, aiming to expand the museum's exhibition spaces and services. Before any winning project was selected, associations like Italia Nostra protested, claiming the initiative would desecrate Villa Borghese. The article's author visited the park to document its current state, finding decay: a wrecked Globe Theatre, neglected ponds, graffiti, trash, dilapidated buildings, and a degraded horse-riding track. The author argues that while the park is defended as "perfect and untouchable," it is actually suffering from real neglect that goes unaddressed by the same groups opposing development.