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.

The Wild Nine-Month Journey that Led to Nathaniel Mary Quinn Designing the Rolling Stones’ New Album Cover

Nathaniel Mary Quinn was commissioned to create the cover art for the Rolling Stones' new album *Foreign Tongues*, due July 10, after a three-way call with Mick Jagger and producer Andrew Watt. Over nine months, Quinn developed a composite portrait merging the faces of Jagger, Keith Richards, and Ronnie Wood, and also redesigned the band's iconic tongue-and-lips logo. The process involved regular conversations with Jagger and Richards, a private rehearsal session, and a lunch at the Baccarat Hotel, culminating in the band choosing Quinn's original composite over a second option featuring a vintage sports car.

The Artists Who Ruled the Biennial Circuit Over the Last Four Years

Artnet News critic Ben Davis analyzed 130 recurring global art events—including biennials and triennials—that opened between the 2022 and 2026 Venice Biennales, tallying over 15,000 participating artists. He identified the most frequently featured artists, with Nolan Oswald Dennis topping the list at 14 biennial appearances. Dennis, a South Africa-based artist born in Lusaka, is known for works like "Black Liberation Zodiac" (2017-ongoing) and was included in the 2026 Venice Biennale curated by the late Koyo Kouoh.

Anna Zemánková Estate Joins Gladstone Gallery, Sándra Vasquez de la Horra Joins Tanya Bonakdar Gallery, and More: Industry Moves for April 29, 2026

The article reports a series of industry moves in the art world as of April 29, 2026. Key developments include Gladstone Gallery taking on the estate of Anna Zemánková, Sándra Vasquez de la Horra joining Tanya Bonakdar Gallery, Elijah Wheat Showroom opening a new location in Beacon, New York, and Mariane Ibrahim now representing Leasho Johnson. Additionally, Denniston Hill launches its 2026 residency season with 30 artists, the Minneapolis Institute of Art receives restoration funding from TEFAF, Charlie White is appointed dean of the Sam Fox School, and Jesús Hilario-Reyes and Tichacoco are named inaugural recipients of the Clemente Center’s Van Lier Fellowship. The article also notes a whistleblower claim of $3 million missing from the Palm Springs Art Museum’s investment account, and a New York Times essay by Robin Givhan on Derrick Adams.

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.

Elle Pérez Envisions New Residency Built on Family Legacy

Artist Elle Pérez is raising $100,000 to buy out relatives from a family home in Cabo Rojo, Puerto Rico, that has been in their family since the 1920s, with the goal of transforming it into an artist residency called Casa Pérez. To fund the project, Pérez is selling a portfolio of chromogenic studio prints for $1,795 each, produced in collaboration with the cultural office Public Relations. The artist’s work, known for intimate portraits and scenes of underground music, has been featured in the Whitney Biennial and solo exhibitions at the Baltimore Museum of Art and Carnegie Museum of Art.

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.

New Louvre Chief Christophe Leribault Reveals His Vision for the Museum Post-Heist

Christophe Leribault, the new director of the Louvre, has outlined his vision for the museum following a $100 million heist in October 2025. The Apollo Gallery, where the theft occurred, will reopen in July with a redesigned display that removes mineral cases to highlight its Romantic wall paintings, inspired by Versailles’s Hall of Mirrors. Empress Eugénie’s diamond-and-emerald crown, crushed by the thieves, is being restored and will become a new highlight. Security upgrades include window bars, 100 new cameras by 2026, a mobile police station, and a new security coordinator. The heist led to the resignation of former director Laurence des Cars in February.

The US Pavilion Is Taking Online Donations

The American Arts Conservancy (AAC), the nonprofit tasked with executing Alma Allen's 2026 US Pavilion at the Venice Biennale, is soliciting online donations from the public after receiving no corporate or foundation funding. Unlike previous pavilions backed by major foundations like Ford and Mellon, AAC's fundraising relies on private citizens, with a minimum $100 donation requested via its website. The State Department provided $375,000 but requires additional funding, and AAC's Executive Director Jenni Parido, a former pet food store owner, declined to name specific donors, though Instagram posts suggest wealthy Trump allies attended benefit events. Perrotin Gallery, which represents Allen, is providing operational support but not funding.

Researchers Identify Enslaved Boy in Joshua Reynolds Painting

Researchers in the U.K. have identified the enslaved boy depicted in Joshua Reynolds's 1748 painting of Royal Navy lieutenant Paul Henry Ourry. For centuries known only as "Jersey," the boy has been identified as George Walker, also called Boston Jersey, through baptismal and admiralty records. Walker was baptized at age 15 in Westminster in 1752, served on HMS Monmouth and HMS Deptford, and was discharged in 1753, after which his fate remains unknown. The research, a collaboration between the National Trust, the National Gallery in London, and Royal Museums Greenwich, also used scientific analysis to reveal Reynolds's original compositional intentions.

‘Harlem has always been evolving’: inside the Studio Museum’s $160m new home

The Studio Museum in Harlem is set to inaugurate its new $160 million, purpose-built home on Manhattan’s 125th Street. Designed by Adjaye Associates in collaboration with Cooper Robertson, the 82,000-square-foot facility nearly doubles the museum's previous exhibition space and replaces a repurposed 1914 bank building that lacked essential infrastructure like loading docks and large elevators. This milestone marks the first time in the institution's history that it will operate out of a structure specifically designed to support its mission of championing artists of African descent.

A Venice Biennale in Protest

Hundreds of protesters, led by the Art Not Genocide Alliance, blocked the entrance to the Israeli pavilion at the Venice Biennale on May 6, waving Palestinian flags and accusing Israel of operating a "genocide pavilion." Activists from Pussy Riot and FEMEN also staged a pink smoke-filled protest against Russia's participation. Meanwhile, the Biennale jury suddenly resigned, and Israeli pavilion artist Belu-Simion Fainaru made legal threats against the Biennale alleging antisemitism and discrimination. The article also covers exhibitions in Upstate New York, a tribute to Beat Generation icon Jack Kerouac, and obituaries for performance art champion Steven Durland, artist Georg Baselitz, cartoonist Nicole Hollander, and arts patron Doris Fisher.

Shared Crafting, Touching, and Lying Down

"Gemeinsames Basteln, Anfassen und Hinlegen"

Christie's in New York achieved record auction results, with Jackson Pollock's "Number 7A, 1948" selling for $181.2 million and Constantin Brâncuși's bronze sculpture "Danaïde" reaching $107.6 million, both from the S. I. Newhouse collection. Meanwhile, critic Gesine Borcherdt published a scathing review of the Marina Abramović exhibition "Balkan Erotic Epic" at Gropius Bau Berlin, arguing that museums increasingly demand audience participation—crafting, touching, lying down—under the guise of democracy, which she likens to group therapy and warns carries authoritarian tendencies. In London, makeup artist and designer Isamaya Ffrench opened a hybrid gallery and concept store called Studio Iron, featuring works by Abramović, Paul McCarthy, Kelly Wearstler, and Anne Imhof, aiming to blur boundaries between art, design, and function.

Metropolitan Museum und Neue Galerie in New York fusionieren

The Metropolitan Museum of Art and the Neue Galerie in New York are merging. Starting in 2028, the Neue Galerie will operate as a satellite of the Met, renamed "The Met Ronald S. Lauder Neue Galerie." Founded in 2001 by cosmetics entrepreneur and art collector Ronald Lauder, the Neue Galerie houses a renowned collection of German and Austrian art, including Gustav Klimt's "Adele Bloch-Bauer I." Met director Max Hollein announced the merger, which also includes a donation of 13 works from Lauder and his daughter Aerin, plus an endowment for ongoing operations.

A New Residency Aims to Give Indigenous Artists the Tools to Make Art in Neon

The Walker Youngbird Foundation, a Native-led nonprofit, has launched a new residency program in collaboration with Lite Brite Neon Studio in Kingston, New York, aimed at giving Indigenous artists the opportunity to create work in neon for the first time. The inaugural resident is Sarah Rowe (Ponca Tribe of Nebraska), a painter and installation artist selected from over 100 applicants. The residency is valued at around $50,000 per cycle, covering fabrication, travel, lodging, a $10,000 stipend, and full ownership of the artwork and intellectual property. The program was inspired by foundation founder Reid Walker's acquisition of neon works by artists such as Watt and Jeffrey Gibson.

New residency in upstate New York will give Indigenous artists access to neon fabrication studio

Lite Brite Neon Studio in Kingston, New York, has partnered with the Walker Youngbird Foundation to launch Native Neon, a residency program providing Indigenous artists with access to neon fabrication. The inaugural recipient is Sarah Rowe, an enrolled member of the Ponca Tribe of Nebraska and of Lakota descent, who receives $50,000, a $10,000 stipend, and a week-long residency to create an immersive neon environment. The studio, known for collaborations with artists like Glenn Ligon and Jeffrey Gibson, aims to lower the technical and financial barriers to working with neon.

Chanel Expands Support for Centre Pompidou Amid $535 Million Renovation

Chanel has announced a new five-year partnership with the Centre Pompidou in Paris, expanding its support for the museum during its landmark €460 million ($535 million) renovation. The fashion house, which has backed the Pompidou since 2019, will help preserve access to modern and contemporary art while the museum is closed to the public until its scheduled reopening in 2030. This follows a separate three-year deal in 2025 to grow the museum's collection of contemporary Chinese art by 30 percent, with a focus on women artists, and a 2024 acquisition of 21 works by 15 Chinese artists tied to an exhibition co-organized with Shanghai's West Bund Museum.

The Met and Neue Galerie Embark on Historic Merger

The Metropolitan Museum of Art and the Neue Galerie in New York have announced a historic merger set for 2028. The Met will acquire the Neue Galerie's Beaux-Arts mansion, renaming it the Met Ronald S. Lauder Neue Galerie (or Met Neue Galerie), while preserving its museum experience. The merger comes ahead of the Neue Galerie's 25th anniversary and its renovations from May to August 2026. Founder Ronald S. Lauder will remain involved, and the Met will supplement the Neue Galerie's programs, research, and digital initiatives. Major fundraising is underway, with the endowment target of $200 million already 80 percent met, supported by Lauder, his daughter Aerin Lauder Zinterhofer, and trustee Marina Kellen French.

The Met Teams Up with Band-Aid on Art-Themed Adhesive Bandages

The Metropolitan Museum of Art and Band-Aid have reunited for a second collaboration, releasing a new set of art-themed adhesive bandages in 2026. The bandages feature details from three flower paintings in the Met's collection: Claude Monet's *Water Lilies* (1919), Vincent van Gogh's *Irises* (1890), and Odilon Redon's *Bouquet of Flowers* (ca. 1900–1905). The 50-count assortment includes small, medium, and large fabric bandages packed in a collectible tin, available exclusively at Target for $7.29. The 2025 Hokusai collection, which sold out quickly, is also back on sale at major retailers.

More than 70 Venice Biennale artists withdraw from awards

More than 70 artists participating in the 2025 Venice Biennale have withdrawn from consideration for the Golden Lion awards, which this year will be decided by public vote. The artists, including Walid Raad, Laurie Anderson, and Yto Barrada, signed a statement published on e-flux on May 9, withdrawing in solidarity with the entire prize jury that resigned last month over a dispute regarding the participation of Israel and Russia. The Biennale management replaced the traditional jury-selected awards with a new "Visitor Lion" system where ticket holders can vote, but the Biennale has acknowledged that if any of the withdrawing artists win, they will not collect the award.

As Her Venice Biennale Opens, Koyo Kouoh Foundation Launches in Memory of Late Curator

The Koyo Kouoh Foundation has launched in Basel, Switzerland, coinciding with the opening of the 2026 Venice Biennale, which features the late curator Koyo Kouoh's main exhibition "In Minor Keys." The foundation aims to continue Kouoh's work supporting contemporary African cultural production globally, including plans for the Koyo Kouoh Prize and a permanent home for the Koyo Kouoh Collection. It is led by her partner, saxophonist Philippe Mall, and includes board members such as artist Alfredo Jaar, curator Adrienne Edwards, and former Kunstmuseum Basel director Josef Helfenstein.

Filippo Lippi painting—once the centrepiece of Florence's Palazzo Medici Chapel—to undergo two-year restoration

The Staatliche Museen zu Berlin has announced a two-year restoration of Filippo Lippi’s 1459 painting *The Adoration in the Forest*, funded by the Ernst von Siemens Kunststiftung and the Schoof’schen Stiftung. The tempera-on-panel work, a centerpiece of the Palazzo Medici chapel in Florence, is now in the Gemäldegalerie’s collection. Conservators discovered that a 19th-century varnish layer is degrading the paint, causing it to lift off the panel, particularly affecting the Virgin’s blue cloak, skin, and gold leaf areas. The treatment aims to remove the varnish while stabilizing the paint layer, and may also reveal Lippi’s use of oil paint alongside egg tempera.

A Long-Running Case Centering on Alleged Robert Indiana Forgeries Is Resolved with a $102 M. Settlement

A New York jury has awarded $102.2 million in damages to the Morgan Art Foundation in a long-running copyright and forgery case against art publisher Michael McKenzie. The jury found that McKenzie created unauthorized and altered versions of works by Pop artist Robert Indiana, including multiple iterations of Indiana's iconic LOVE prints and sculptures, as well as works such as *The Ninth American Dream* (2001), *USA FUN* (1965), and a sculpture titled *BRAT*. The lawsuit, which began in 2018 shortly before Indiana's death at age 89, alleged that McKenzie and others sought to isolate the artist and profit from selling forged works. McKenzie's lawyer indicated he may appeal.

The Box LA, Beloved Risk-Taking Art Space, Closes After 19 Years

The Box LA, a pioneering experimental art space in Los Angeles known for its fearless support of unconventional and performance art, is closing after 19 years. Founded in 2007 by Mara McCarthy in Chinatown (later moving to the Arts District), the gallery operated as a commercial space but with a nonprofit ethos, championing underrecognized artists from her father Paul McCarthy's generation alongside emerging talents. Its final exhibition, a retrospective of Wally Hedrick presented with Parker Gallery, ended April 4, with a closing celebration planned for June 6 featuring a fashion show by Johanna Went. The closure is attributed to financial struggles, exacerbated by the Eaton Fire that destroyed McCarthy's home and her family's, and a shift in support from McCarthy Studios.

What the Met Gains from the Neue Galerie

Was das Met mit der Neuen Galerie gewinnt

The Neue Galerie, a private museum for German and Austrian art founded by billionaire collector Ronald S. Lauder, will be integrated into the Metropolitan Museum of Art (the Met) as an auxiliary branch under the new name "The Met Ronald S. Lauder Neue Galerie." The transition, announced by founding director Renée Price, is set to be completed by 2028, with the Met assuming full operational control after a planned renovation of the historic townhouse on Fifth Avenue. The merger follows years of Lauder's stewardship and ensures the long-term future of the collection, which includes masterpieces by Gustav Klimt, Egon Schiele, Wassily Kandinsky, and Max Beckmann.

Authorship Dispute Erupts Over ‘Hair Dress’ at the Met’s Costume Institute

British artist Anouska Samms has publicly claimed that the Metropolitan Museum of Art's Costume Institute exhibition "Costume Art" includes a dress, Corpus Nervina 0.0 (2023-24), that was based on her collaborative work with Israeli fashion designer Yoav Hadari. Samms alleges that she co-created the original "Hair Dress" with Hadari in 2023 while both were residents at the Sarabande Foundation, and that the Met initially sought to acquire that piece. After negotiations fell through, Hadari instead provided a similar garment attributed solely to him, prompting Samms to demand proper credit via Instagram posts and through her lawyer.

City Life Org - New York Art World Celebrates Angela Davis, Amy Sherald, Clara Wu Tsai, Crystal McCrary, Raymond McGuire at Awards Dinner in NYC

The Gordon Parks Foundation held its annual Awards Dinner and Auction at Cipriani 42nd Street in New York City, raising nearly $2 million to support its mission of social justice through the arts. The gala honored a distinguished group of changemakers, including activist Angela Davis, painter Amy Sherald, philanthropist Clara Wu Tsai, producer Crystal McCrary, and businessman Raymond McGuire. Hosted by Kaseem Dean (Swizz Beatz) and Executive Director Peter W. Kunhardt, Jr., the event celebrated the enduring legacy of Gordon Parks and his commitment to documenting and advancing civil rights.

A Time of Transition

During the preview week of the 61st Venice Biennale, escalating protests targeted the national pavilions of Israel and Russia, with demonstrations by Pussy Riot, ANGA (Art Not Genocide Alliance), and Baltic pavilions. A major protest on May 8 drew over 3,000 people in solidarity with Palestine, and 27 national pavilions—including Austria, the Netherlands, France, and Japan—staged a strike, the first at the Biennale since 1968. The Golden Lion jury resigned after declaring they would not consider countries under ICC investigation (Israel and Russia), and the Biennale administration replaced the prize with a visitors' award, from which half the artists in the main exhibition have withdrawn.

The Metropolitan Museum of Art and the Ronald S. Lauder Neue Galerie New York Announce Plans for a Landmark Merger

The Metropolitan Museum of Art and the Ronald S. Lauder Neue Galerie New York have announced a landmark merger agreement, set to take effect in 2028. The merger will unite the Neue Galerie's collection of 20th-century Austrian and German art—including Gustav Klimt's *Portrait of Adele Bloch-Bauer I*—with The Met, while preserving the Neue Galerie's distinct museum experience. Ronald S. Lauder and his daughter Aerin Lauder Zinterhofer plan to donate 13 additional paintings from their personal collection, and several Met trustees have pledged significant endowment gifts to support the integration and long-term operations.