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Robert Therrien Estate Leaves Gagosian After Nearly Three Decades and Joins David Zwirner

The Robert Therrien estate has left Gagosian after nearly three decades and joined David Zwirner, a rival mega-gallery. The move follows a major survey of the late sculptor's work at the Broad museum in Los Angeles, which featured 120 works and was the largest exhibition of his career. Therrien, who died in 2019, is best known for monumental sculptures of domestic objects, such as Under the Table (1994), and his towering plate columns held by institutions including the Tate and Glenstone.

Sellers at the May Marquee Auctions Revealed, Bogotá’s MAMBO Museum Loses Its Director, and More: Morning Links for May 4, 2026

The spring auction season is underway, with ARTnews revealing that Jean-Michel Basquiat's 1983 painting *Museum Security (Broadway Meltdown)* is headed to Sotheby's contemporary art sale on May 14 with a $45 million estimate, consigned by Joahn Sayegh-Belchatowski. Christie's postwar and contemporary day sale includes a collection dubbed "A Matter of Seeing" from Ronald Lauder. Meanwhile, Lévy Gorvy Dayan is testing a new auction-gallery hybrid model, and British billionaire Joe Lewis plans to sell another $200 million in art at Sotheby's in June. In other news, Martha Ortiz has left the Museo de Arte Moderno de Bogotá (MAMBO) following harassment allegations, after the earlier dismissal of artistic director Eugenio Viola. The article also covers a planned Derrick Adams portrait of Koyo Kouoh in Venice, the death of cartoonist Nicole Hollander, a free-entry stunt by Maurizio Cattelan at Fondation Beyeler, a Christo installation at Gagosian London, and a report on Italian Prime Minister Giorgia Meloni's political interference in cultural institutions, including the Venice Biennale.

Artist Foundations’ Net Worth Has Nearly Tripled to $9 B., Led by Cy Twombly Foundation’s $1.5 B. in Art and Assets

New research from the Aspen Institute’s Artist-Endowed Foundation Initiative (AEFI) reveals that artist-endowed foundations in the U.S. now control roughly $9 billion in assets, nearly triple the $3.5 billion reported in 2011 and up 17% from $7.7 billion in 2018. The Cy Twombly Foundation leads with $1.5 billion in art and assets, followed by foundations for Alexander Calder, Joan Mitchell, Helen Frankenthaler, and Robert Rauschenberg, each holding over $500 million. The data, drawn from public tax forms, shows that just five of roughly 500 foundations account for more than half the total, with most established by postwar American artists born before 1931.

The 20 Most Expensive Artworks Hitting the Auction Block This Season

The May 2026 New York auctions at Christie’s, Sotheby’s, and Phillips will feature 20 high-value lots priced at $30 million or more, including works by Andy Warhol, Jasper Johns, Pablo Picasso, Piet Mondrian, Jackson Pollock, Willem de Kooning, Cy Twombly, Gerhard Richter, and others. The sales are staggered around the Venice Biennale and Frieze New York, with Sotheby’s holding its contemporary evening auction on May 14 and Christie’s its 20th-century sale on May 18. Notable consignments come from the estates of S.I. Newhouse, former MoMA board president Agnes Gund, and dealer Marian Goodman.

5 Under-Recognized Artists Getting Their Due in New York This Season

The article highlights five under-recognized artists whose exhibitions are on view in New York this season, focusing on Domenico Gnoli at Lévy Gorvy Dayan and Raquel Rabinovich at Hutchinson Modern and Contemporary. Gnoli, an Italian painter who died in 1970, is known for his pallid, claustrophobic depictions of everyday subjects, while Rabinovich, who died at 102 in January 2026, created somber minimalist paintings exploring silence and withholding. The piece notes that New York galleries often use the pre-fair period to showcase less prominent artists of great promise.

Legal Dispute Threatens Auction of Titanic Artifacts, Vaillancourt Fountain Catches Fire During Demolition, and More: Morning Links for May 7, 2026

A legal dispute has erupted over the planned auction of nearly 100 artifacts recovered from the Titanic shipwreck in 1987. The R.M.S. Titanic, the private company that owns salvage rights, seeks to sell the items, but the French government—which co-sponsored the expedition—granted title under the condition they not be sold. The U.S. National Oceanic and Atmospheric Administration also opposes the sale, arguing it violates a prior legal ruling. A judge has rejected the company’s attempt to keep the auction confidential. Separately, San Francisco’s Vaillancourt Fountain caught fire during demolition on May 6, 2026, when a torch ignited rubber tubing inside the Brutalist sculpture by Armand Vaillancourt; the fire was quickly contained with no injuries. Other news includes the death of Beat Generation artist George Herms at 90, a French bill to facilitate colonial-era art restitution, and a rare opportunity to view Gustav Klimt’s ceiling paintings at Vienna’s Burgtheater during renovation.

Robert Therrien Estate Leaves Gagosian for David Zwirner, Olney Gleason Now Represents Jill Magid, and More: Industry Moves for May 6, 2026

The ARTnews article reports a series of significant gallery representation changes and industry moves in the art world as of May 6, 2026. Key shifts include the Robert Therrien Estate leaving Gagosian for David Zwirner, Olney Gleason now representing Jill Magid, and several other artists—Tianyue Zhong, Africanus Okokon, Seung Ah Paik, Khalif Tahir Thompson—joining or switching galleries. Miriam Machado has been named director of the Patricia and Phillip Frost Art Museum. The article also notes the rising costs and commercial realities of staging exhibitions at the Venice Biennale, including a Christie's selling show at Palazzo Ca' Dario.

Ceramics Are Everywhere, in Museums, Galleries, and Fairs—Has the Market Caught Up?

Ceramics are experiencing a surge in visibility across museums, galleries, and art fairs in major US cities. The article catalogs numerous recent and upcoming exhibitions, including Kathy Butterly's sold-out show at James Cohan with pieces at $45,000 each, Nicole Cherubini's nearly sold-out show at Friedman Benda with prices up to $65,000, and Ruby Neri's work at Salon 94 peaking at $75,000. Other highlights include Ron Nagle at Matthew Marks, Theaster Gates' Gagosian show celebrating David Drake, NADA Ceramics in Tribeca, and ceramic presentations at Frieze Los Angeles, Post-Fair, Expo Chicago, and David Zwirner. Institutional shows include Toshiko Takaezu at Princeton University Art Museum and a ceramic collection at RISD Museum.

Aspen Art Fair Names More Than 35 Exhibitors for 2026 Edition at Hotel Jerome

The Aspen Art Fair has announced more than 35 exhibitors for its third edition, returning to the Hotel Jerome from July 29 through August 1, 2026. This will be the first edition under director Kelly Cornell, who also leads the Dallas Art Fair. Newcomers include Albertz Benda, Friedman Benda, Library Street Collective, Monique Meloche Gallery, and R & Company, alongside returning galleries such as Marianne Boesky Gallery, Perrotin, Sean Kelly, and Galerie Gmurzynska. The fair will debut an outdoor sculpture garden and continue its Art Prize Program with residencies and commissions through Anderson Ranch Arts Center and Buckhorn Public Arts. It also coincides with the AIR festival organized by the Aspen Art Museum and partners with the Aspen Education Foundation to support local student artists.

Loïc Gouzer’s Auction Platform Fair Warning to Sell Major Banksy at Tiffany’s Flagship Store

Loïc Gouzer's auction platform Fair Warning will sell Banksy's *Girl and Balloon on Found Landscape* from the 'Crude Oils' series in an invitation-only live auction at Tiffany & Co.'s Fifth Avenue flagship store on May 20. The work, which carries a $13 to $18 million estimate, modifies a thrifted landscape painting with the artist's signature red heart-shaped balloon. It will be publicly viewable in the store before the sale.

A $35 M. Warhol, a $45 M. Basquiat, and More: Who’s Selling The Top Works in the May Sales?

The article reports on the upcoming May marquee sales at Christie’s and Sotheby’s, detailing high-value consignments from major collections. Christie’s will offer works from the estates of S. I. Newhouse (including a Brâncuși sculpture and a Jackson Pollock painting, each estimated at $100 million), former MoMA board president Agnes Gund (a Rothko estimated at $80 million), and the late dealer Marian Goodman (a Gerhard Richter estimated at $50 million). Sotheby’s counters with a Rothko from the collection of the late Robert Mnuchin (estimated at $100 million) and works from David and Shoshanna Wingate, including a Giacometti sculpture. The article also reveals previously unnamed consignors for top lots, such as collector John Sayegh-Belchatowski for a $45 million Basquiat and the Moore family for an Elizabeth Peyton painting.

Guadalupe Rosales Brings East LA to Venice for the Biennale

Guadalupe Rosales, a Los Angeles–based artist known for her Instagram archive @veteranas_and_rucas documenting 1990s Chicana life, has been selected to participate in the main exhibition of the 2026 Venice Biennale, curated by the late Koyo Kouoh. In an interview with ARTnews, Rosales discusses how her invitation came about after Kouoh's passing, her evolving practice that includes photography, murals, and installations, and the emotional depth of her archival work—balancing joy and grief, as exemplified by her cousin's death certificate. She will also publish a memoir titled *East of the River* in September.

Barry X Ball’s Wild Sculptures Are Perfectly at Home at Venice’s Grand Basilica of San Giorgio Maggiore

New York-based artist Barry X Ball's exhibition "The Shape of Time" has opened at the Abbey of San Giorgio Maggiore in Venice, featuring 23 sculptures centered on the elaborate silver and gold piece *Pope Saint John Paul II* (2012–24). The show, organized by curator Bob Nickas, includes many works shown publicly for the first time, such as *Pietà* (2011–22) inspired by Michelangelo and *Saint Bartholomew Flayed* (2011–20). The sculpture of John Paul II, cast in collaboration with Italian jewelry house Damiani, contains hidden references to the pope's life, including his nemeses Hitler, Stalin, and Lenin, as well as a bullet from the 1981 assassination attempt.

Amy Sherald Dresses As Her Own Award-Winning Painting for Met Gala

Amy Sherald attended the 2025 Met Gala dressed as the subject of her own award-winning painting, *Miss Everything (Unsuppressed Deliverance)* (2014). The work, which won the Outwin Boochever Prize at the National Portrait Gallery and appeared on a *New Yorker* cover, depicts a young girl holding an oversized teacup. Sherald collaborated with designer Thom Browne to recreate the painting's look, including a red fascinator, as part of the gala's theme “Fashion Is Art,” which also aligns with the Costume Institute's exhibition “Costume Art.” Sherald served on the gala's committee alongside artists Anna Weyant and Tschabalala Self.

Here’s Why the Venice Biennale Main Show Lost One Artist During the Planning Stages

The Venice Biennale's main exhibition, curated by the late Koyo Kouoh, originally included 111 artists when announced in February, but now lists only 110. ARTnews reveals that the removed artist is Bodys Isek Kingelez, a Congolese sculptor known for his colorful cardboard "extreme maquettes" of fantastical cities. A Biennale spokesperson stated that works initially considered for Kingelez were ultimately unavailable. Kingelez, who died in 2015, was to be one of the few deceased artists in the show, alongside figures like Marcel Duchamp and Issa Samb.

At the Venice Biennale, Koyo Kouoh’s ‘In Minor Keys’ Looks Deeply at Lush Gardens and a Scarred Earth

Koyo Kouoh's exhibition 'In Minor Keys' at the 2026 Venice Biennale centers on the practices of two deceased artists, Issa Samb and Beverly Buchanan, whose ways of thinking animate the show through dedicated 'Shrines' in the Central Pavilion. The exhibition also draws on Marcel Duchamp's legacy, featuring works by over a dozen contemporary artists including Akinbode Akinbiyi, Guadalupe Rosales, Natalia Lassalle-Morillo, Guadalupe Maravilla, Sofía Gallisá Muriente, and Avi Mograbi, whose installation 'Between a River and a Sea' contrasts pre-1948 business directories with a 2023 Gaza Yellow Pages. A section called 'The Schools' highlights artist-run spaces such as Denniston Hill, Guest Artists Space (G.A.S.) Foundation, blaxTARLINES, and the Nairobi Contemporary Art Institute.

Claude Monet’s Market Triumph: 12 Record‑Smashing Paintings That Define an Era

Claude Monet's market dominance is analyzed through twelve record-breaking paintings sold at auction over the past decade, led by *Meules (Haystacks)* (1890), which achieved $110.7 million at Sotheby's New York in 2019—a record for any Impressionist work. The article highlights key sales including *Le Bassin aux Nymphéas* (1919) at $80.45 million, *Nymphéas* (1906) at $54 million, and *Le Pont du chemin de fer à Argenteuil* (1873–74) at $41.4 million, tracing how Monet's serene yet radical landscapes have consistently commanded top prices across Christie's and Sotheby's.

LACMA Responds to Anger Over Pedro Reyes Sculpture, New Louvre President Reveals His Plans, and More: Morning Links for May 6, 2026

A sculpture at LACMA's new David Geffen Galleries has sparked controversy. Pedro Reyes's large stone work *Tlali* (2026) resembles a 2021 project for Mexico City that was canceled because Reyes is not Indigenous. A letter signed by nearly 80 people accuses LACMA of lacking "memory" for displaying the piece. LACMA defends the work as "entirely different in purpose and meaning," and director Michael Govan suggested the figure may be androgynous, not female. Separately, new Louvre president Christophe Leribault outlined plans to reduce contemporary art projects and acquisition spending, while a jury will select an architect for the Louvre-Nouvelle Renaissance renovation. Other news includes Georg Baselitz's final exhibition at Fondazione Giorgio Cini, a planned strike at the Venice Biennale's Israel Pavilion, and the Lucas Museum's first "Star Wars" exhibition.

How Well Do the Met Gala’s Attendees Know Their Art History? We Critique Looks by Madonna, Hunter Schafer, and More

The article critiques nine outfits from the 2026 Met Gala, which was held under the theme 'Fashion Is Art' in conjunction with the Costume Institute's new exhibition 'Costume Art' at the Metropolitan Museum of Art. It analyzes how attendees like Hunter Schafer, Lauren Sánchez Bezos, and Kylie Jenner referenced specific artworks—such as Gustav Klimt's *Mäda Primavesi* and John Singer Sargent's *Madame X*—in their fashion choices, evaluating the success of these art-historical allusions.

Ken Griffin Acquires Another Copy of the US Constitution, Union Files Charges Against Kennedy Center for Layoffs, and More: Morning Links for May 5, 2026

Billionaire Ken Griffin has acquired a second original copy of the US Constitution via a private sale for an undisclosed amount, making him the owner of the only two known surviving copies in private hands. The first copy, purchased for $43.2 million in 2021, is on view at the National Constitution Center in Philadelphia, while the second will be exhibited at the South Street Seaport Museum in Manhattan starting May 27 as part of a show on American history for the country's 250th anniversary. Separately, a union for the John F. Kennedy Center for the Performing Arts has filed unfair-labor-practice charges with the National Labor Relations Board, accusing the center of unlawfully firing dozens of employees under the guise of a planned two-year closure for renovations.

See Some of the Most Outrageous, Stylish Looks at the 2026 Met Gala

The 2026 Met Gala raised $42 million for the Metropolitan Museum of Art's Costume Institute, surpassing last year's $31 million. The event, themed "Costume Art" with a dress code of "Fashion is Art," featured honorary chairs Jeff Bezos and Lauren Sánchez Bezos, whose involvement sparked protests. Co-chairs included Beyoncé, Nicole Kidman, Venus Williams, and Anna Wintour, with artists Anna Weyant, Tschabalala Self, and Amy Sherald on the host committee. The gala precedes the Costume Institute's spring exhibition, also titled "Costume Art," opening May 10.

The Met’s Costume Institute Needs an Art History Lesson

The Metropolitan Museum of Art's Costume Institute spring exhibition, "Costume Art," pairs fashion with artworks from the Met's collection, including ancient Greek statues and Andy Warhol screenprints, alongside garments by designers from Charles James to CFGNY. Curator Andrew Bolton aims to suggest that fashion can expand understanding of art, but the show's juxtapositions often feel vague and sloppy, with only occasional resonant pairings like a Jean Paul Gaultier shirt and Joe Brainard drawing linked by queer artist lineage.

Unrealized Artwork by Christo and Jeanne-Claude Will Take Over Gagosian in London

Gagosian gallery in London will present "Christo: Air," an exhibition opening May 21 and running through August 21, featuring a never-realized artwork conceived by Christo and Jeanne-Claude in 1968. The centerpiece, "Air Package on a Ceiling," was originally planned for the Institute of Contemporary Art in Philadelphia but abandoned due to technical limitations. The work, a 32-by-52-foot internally illuminated suspended form, will be installed for the first time, along with other rare pieces including "Wrapped Automobile—Volvo, Model PV-544 (1981)," which has not been shown in 30 years. Studio manager Lorenza Giovanelli discovered the original plans in 2018, two years before Christo's death.

10 Shows Around Venice Not to Miss During the Biennale

ARTnews has published a guide to 10 exhibitions in Venice worth seeing during the 2026 Biennale, beyond the central show "In Minor Keys" curated by the late Koyo Kouoh and the national pavilions. Highlights include a major survey of Lee Ufan at the San Marco Art Centre (SMAC Venice), organized by the Dia Art Foundation and curated by Jessica Morgan; "Helter Skelter: Arthur Jafa and Richard Prince" at Fondazione Prada, curated by Nancy Spector; and "Strange Rules" at Palazzo Diedo, conceived by Hans Ulrich Obrist with Mat Dryhurst and Holly Herndon, introducing the concept of "Protocol Art." Other venues include the Gallerie dell'Accademia, Pinault Collection, Berggruen Arts & Culture, Fondazione Sandretto Re Rebaudengo, and a three-night-only performance at Teatro Goldoni.

Botticelli Painting Banned from Export Will Stay in the UK

A Botticelli painting, *The Virgin and Child Enthroned* (1470s), previously placed under an export ban to keep it in the UK, has been acquired by the Klesch Collection. The work, valued at £10.2 million, will remain in England through a three-year loan to the Ashmolean Museum at the University of Oxford. The painting was bought in 1904 by Harriet Sarah Jones Loyd (Lady Wantage) from Italian dealer Elia Volpi, who had acquired it from the Magherini Graziani family.

Metropolitan Museum of Art Announces $23M. Gift from Top 200 Collectors Jennifer Rubio and Stewart Butterfield

Jennifer Rubio and Stewart Butterfield, both listed on ARTnews's Top 200 Collectors, have pledged $23 million to the Metropolitan Museum of Art. Rubio, founder of Away, and Butterfield, co-founder of Flickr and Slack, made the donation just two months after Rubio became a Met trustee. The gift will fund the museum's internship program, ensuring all undergraduate and graduate internships are fully paid positions, building on a previous $5 million gift from Adrienne Arsht.

Aneta Grzeszykowska Shoots Poetic Portraits in a Mask of Herself at Age 14

Polish artist Aneta Grzeszykowska is presenting two photo series in New York: "Mama" (2018), featuring a life-like doll of herself played with by her young daughter, and "Daughter" (2025), for which she wears a mask of her 14-year-old self and poses with family members. "Mama" is included in the "New Humans" exhibition at the New Museum and previously appeared in the 2022 Venice Biennale's "Milk of Dreams." "Daughter" is on view at Lyles & King gallery on the Lower East Side through May 9, and also in the group show "Adolescence" at the Zachęta National Gallery of Art in Warsaw. The series extend Grzeszykowska's long-standing practice of manipulating family photographs, which began with her 2005 series "Album," where she removed herself from old family pictures.

Alma Allen’s US Pavilion Is One of the Emptiest Shows at the Venice Biennale

Alma Allen represents the United States at the 2026 Venice Biennale with a subdued, apolitical exhibition inside the US Pavilion. The show features roughly 25 sculptures—mostly in bronze, wood, and stone—many titled "Not Yet Titled," and deliberately avoids overt political messaging. This marks a stark departure from the previous two US pavilions, curated by Simone Leigh (2022) and Jeffrey Gibson (2024), which directly confronted colonialism and empire. The Trump administration’s call for proposals explicitly asked for work that "reflects and promotes American values," and Allen’s presentation has been criticized as safe, unremarkable, and lacking the incisive edge of contemporary American art.

Lévy Gorvy Dayan Bets on Urgency With New LGD Hammer Sales Platform

Lévy Gorvy Dayan has launched LGD Hammer, a new sales platform that blends gallery exhibition with auction-style urgency. The first work offered is Willem de Kooning's *Milkmaid* (1984), estimated at $10–$15 million, which will be on view by appointment from May 2 until the sale on May 16. Gallery cofounder Dominique Lévy will serve as auctioneer, drawing on her Christie's experience, while bidding occurs by phone with online observation. Cofounder Brett Gorvy emphasized the platform is not a market overhaul but a response to slowed private sales and cautious collectors who still respond to competitive pressure.

London Dealer Stephen Friedman Owes $10.6 M. to Dozens of Creditors, Including Artists Deborah Roberts and Kehinde Wiley

London-based gallery Stephen Friedman has accumulated debts of approximately $10.6 million, according to official documents filed with Companies House. Creditors include Coutts & Co. bank (£3.2 million), Pentland Group Ltd. (£1.4 million), the UK tax authority, the Pollen Estate, art logistics company Crozier, and several prominent artists—Alexander Diop (£341,905), Deborah Roberts (£289,232), and Kehinde Wiley (£163,849). The gallery closed its New York space in November 2024 after just two years, then abruptly shut its London location and entered insolvency proceedings in February 2025, shortly after pulling out of Art Basel Qatar. A restructuring proposal by FRP Advisory was approved on 22 April.