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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.

Gala Season! Shaggy and Jewel Hit the Whitney, Henry Taylor and Pharrell Toast Gordon Parks, and More Juicy Art-World Gossip

Artnet News' gossip column "Wet Paint" reports on the Whitney Museum's 2026 annual gala, a major fundraising event. The author describes the scene: donors and celebrities like Jewel, Neil Patrick Harris, and Nigel Barker mingled with artists Julie Mehretu (the honoree) and Glenn Ligon. Notably, the 56 artists in the current Whitney Biennial were not invited due to limited seating, a policy confirmed by the museum. The evening raised $6.3 million, with individual seats costing $7,500.

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.

U.S. Crowdfunds Its Venice Biennale Pavilion

The United States is crowdfunding its pavilion at the 61st Venice Biennale, which opens in ten days, due to the absence of major sponsors like the Ford Foundation and the Mellon Foundation. The pavilion, featuring sculptures by Alma Allen, is being organized by the American Arts Conservancy (AAC), which is soliciting donations through a campaign that has been live since at least November. The U.S. government contributes $375,000, but the installation costs significantly exceed that amount. Donors include Nevada-based Republican donors Jim and Aimee Battista, talent manager Tom Ierna, and actor Alex Pita. The AAC has not disclosed the campaign's fundraising goal, amount raised, or end date.

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.

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.

King Charles Visits Christie’s in New York, After White House Dinner

King Charles III and Queen Camilla made a surprise visit to Christie’s headquarters in New York on April 29, 2026, following a White House dinner and address to Congress. They attended a gala for the King’s Trust, a charity supporting young people from disadvantaged backgrounds, rather than bidding on auction lots like a $100 million Jackson Pollock or a $60 million Roy Lichtenstein. The event, co-chaired by Lionel Richie, drew guests including Martha Stewart and Anna Wintour, and featured a dinner in the James Christie Room. Christie’s CEO Bonnie Brennan curtsied to the king, and the royals viewed the new rostrum designed by Jony Ive, set to debut in New York during Christie’s May marquee week.

It's Art-World Summer in NYC

Hyperallergic's New York newsletter celebrates the unofficial start of summer in the art world, highlighting key exhibitions and events. These include Betye Saar's personal collection of Black dolls on view at the New York Historical, a promised gift for her 100th birthday; Roberto Lugo's hand-painted portraits in Madison Square Park; and Pioneer Works's annual 3D-printed boat regatta. The newsletter also features performance artist Linda Mary Montano's home-shrine tour, an MFA show confronting Columbia University over Gaza, and critical reviews of Ceija Stojka at the Drawing Center and Karla Knight at Andrew Edlin Gallery.

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.

Thousands Decry Right-Wing “Smear Campaign” Against Misan Harriman

Over 97,000 people have filed complaints with the UK's Independent Press Standards Organisation against right-wing news outlets, including the Telegraph, for articles characterizing Misan Harriman's social media posts as antisemitic. Harriman, a photographer, human rights activist, and chair of London's Southbank Centre, has rejected the accusations, stating he has long championed marginalized communities and that the backlash stems from his criticism of Israel's actions in Gaza. An open letter supporting Harriman has been signed by 245 figures, including Tracey Emin, Greta Thunberg, and Mark Ruffalo, while the Telegraph published two articles scrutinizing his Instagram activity, prompting calls from Labour MP David Taylor for his removal from the board.

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.

What am I bid for a blown-up van? The bizarre art auction aiming to build an eco power station in Reform-held Clacton

Artists Hilary Powell and Dan Edelstyn are auctioning off their work from the past 15 years this Saturday to raise at least £250,000 for a community-led renewable power station in Clacton, the constituency of Reform UK leader Nigel Farage. The auction, which will be conducted by former YBA Gavin Turk, includes a gold Ford Transit van wreckage containing fake banknotes that the pair blew up in 2019 as part of their film *Bank Job*, now reconstituted as a mobile sculpture. An online auction runs until 31 May, but currently only £750 has been raised.

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.

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.

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.

Whistleblower Complaint Alleges Misconduct at Palm Springs Art Museum, Where an Ex-Trustee Describes a ‘Shattered Moral Compass’

An anonymous whistleblower has filed a complaint alleging misconduct by leadership at the Palm Springs Art Museum, including improper movement of funds between accounts to address cash shortages, the forced resignation of a former director based on fabricated staff complaints, and a failure to properly interview external candidates for the director position. The complaint, forwarded to ARTnews, also references a $3 million discrepancy in the reported endowment value and the departure of several trustees, leaving the board below its required size. The museum has formed a special committee to investigate the allegations, which were first reported by the Los Angeles Times in November 2025.

Major Greek contemporary art non-profit Neon to close after 14 years

Neon, a major Greek contemporary art non-profit founded by businessman and patron Dimitris Daskalopoulos, is closing after 14 years, stating it has fulfilled its cultural and social mission. Between 2012 and 2026, the organization presented 44 exhibitions across museums, historical sites, and public spaces, commissioning 105 works by Greek and international artists. Notable projects include donating Antony Gormley's sculpture 'RULE II' (2019) to the island of Delos—the first contemporary work permanently installed at an ancient site—and funding the €1.4m renovation of the Lenorman Street Tobacco Factory in Athens into a cultural center. Neon will present its final exhibition, the third installment of 'Michael Rakowitz & Ancient Cultures,' later this year at the Old Acropolis Museum.

Wyeth-Centric Brandywine Museum Will Be Transformed by Kengo Kuma & Associates

The Brandywine Conservancy & Museum of Art in Chadds Ford, Pennsylvania, has selected Tokyo-based architecture firm Kengo Kuma & Associates to lead a $100 million transformation of its campus. The project will expand the current 15-acre site into a 325-acre public preserve and garden with ten miles of trails, including a new 40,000-square-foot freestanding museum and a renovation of the existing 19th-century grist mill building. Kengo Kuma will add 14,000 square feet of gallery space, and the new trails will connect the two museums to the original studios of N. C. Wyeth and Andrew Wyeth.

Siteless Athens Arts Institution NEON Closing After 14 Years

The Athens-based cultural institution NEON, founded by prominent art collector Dimitris Daskalopoulos in 2012, is closing after 14 years. Operating without a permanent building, NEON organized 44 exhibitions across unconventional spaces, including ancient archaeological sites, commissioning works by artists such as Marina Abramović, Anastasia Douka, and Danh Vo. Its final project is a trilogy by artist Michael Rakowitz titled "Michael Rakowitz & Ancient Cultures," which began at the Old Acropolis Museum and will conclude later this year.

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.

Jury Convicts Daniel Sikkema in Killing of New York Dealer Brent Sikkema

Daniel Sikkema, the estranged husband of murdered New York art dealer Brent Sikkema, was found guilty in Manhattan federal court on charges related to a murder-for-hire plot. Prosecutors proved that Daniel orchestrated the killing of Brent Sikkema, founder of the Chelsea gallery Sikkema Jenkins & Co., at his vacation home in Rio de Janeiro in January 2024, amid a bitter divorce and custody dispute. Daniel was convicted on three counts for conspiring to hire Alejandro Triana Prevez, a Cuban former security officer, who stabbed the dealer 18 times. Daniel faces a mandatory life sentence.

Usher, Spike Lee, and Tyler Mitchell Helped Raise $3.7 Million for the Studio Museum in Harlem at a Party for the Ages

The Studio Museum in Harlem hosted a star-studded gala at the Glasshouse in Manhattan, raising $3.7 million to support its upcoming reopening. The event marked a significant milestone for the institution, which has been undergoing extensive renovations for seven years and is scheduled to open its new doors on West 125th Street on November 15. Director and Chief Curator Thelma Golden described the evening as a 'threshold' moment, celebrating the museum's legacy of shaping cultural history since its founding in 1968.

Husband of Prominent New York Gallerist Convicted in Murder-for-Hire Plot

Brent Sikkema, a prominent New York gallerist known for championing artists like Kara Walker, was found stabbed to death in his apartment in Brazil in 2024. His husband has now been convicted in a murder-for-hire plot connected to the killing, which occurred amid their divorce proceedings.

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.

Is the US about to be humiliated on the world’s most prestigious cultural stage?

More than 70 prominent international artists have signed an open letter demanding the exclusion of the United States, Israel, and Russia from the 2026 Venice Biennale, accusing those governments of committing war crimes and atrocities. The controversy centers on the US pavilion, which will feature Mexico-based American artist Alma Allen, whose abstract, anodyne sculptures were chosen by a last-minute commissioner with no art-world experience—a luxury pet food store owner from Florida who reportedly gained the role through connections at Mar-a-Lago. The Biennale's five-person jury has already resigned amid the furor, and Russia is returning to the event for the first time since its 2022 invasion of Ukraine.

Brent Sikkema’s Husband Convicted

A federal jury has found Daniel Sikkema guilty of orchestrating the murder-for-hire of his estranged husband, New York art dealer Brent Sikkema. The 75-year-old gallerist was stabbed 18 times in his Rio de Janeiro townhouse in January 2024, a crime that sent shockwaves through the art community. Senior editor Valentina Di Liscia reports on the verdict and the grim details of the case.

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 $1B Evening With Nicole Kidman

Hyperallergic's newsletter reports on a record-setting $1 billion evening sale at Christie's on May 18, which included works by Jackson Pollock and Constantin Brancusi alongside Hollywood star Nicole Kidman. Other stories cover an exhibition at the DuSable Black History Museum and Education Center celebrating Black American artists in Paris, a painted book cover trend analyzed by Tara Anne Dalbow, a Gaza Square sculpture unveiling in Paterson, New Jersey, and a performance event by Bahar Behbahani on Governors Island.

Opportunities in May 2026

Hyperallergic's May 2026 Opportunities Listings compile residencies, fellowships, grants, and open calls for artists, writers, and art workers. Featured opportunities include the Center for Craft's Craft Archive Fellowship, the Oak Spring Garden Foundation's Fellowship for Distinction in Fine Crafts and Design, the Provincetown Art Association and Museum's Robert Motherwell & Renate Ponsold Fellowship, the Bennett Prize for women figurative realist painters, the Pine Meadow Ranch Center for Arts & Agriculture residency, the Wassaic Project's Haunted Barn Open Call, the Jonathan and Barbara Silver Foundation's Grant for Writing on Sculpture, the Academy of American Poets' James Laughlin Award, and VIA Art Fund's Artistic Production Grants.

Record pour Pollock

The Journal des Arts' May 15, 2026 issue (No. 677) covers a range of art-world developments: the Venice Biennale opens amid controversy, a French law on the restitution of cultural property looted during colonization is definitively adopted, the V&A East museum targets younger audiences, the town of Giverny struggles to benefit from Monet's legacy, and the market for Nabis artists is becoming more structured.