U.K. Arts Center Lands Seismic $122.4M Gift

The Sainsbury Centre near Norwich, England, has received a landmark gift of £91.2 million ($122.4 million) from Lord David Sainsbury through his Gatsby Charitable Foundation. In other news, Art Basel has appointed Wassan Al-Khudhairi as artistic director for its 2027 Qatar edition; Christie's led New York's spring auction season with $1.3 billion, driven by the S.I. Newhouse collection; Sotheby's brought in $737 million; Phillips rebounded with $115.2 million; and Bonhams achieved $22 million. Pace now represents the Constantin Brancusi Estate, Yinka Shonibare joined Mennour, and several other gallery and museum appointments were announced, including Clarissa Morales as COO of the Modern Art Museum of Fort Worth and new interim leadership at Dallas Contemporary. The Museum für Moderne Kunst in Frankfurt will inherit Henrike Naumann's estate, Dubai announced a new Museum of Digital Art, and the Centre Pompidou partnered with Chanel.

Marian Goodman’s Gerhard Richters Total $78.8 Million in $162.7 Million Christie’s Sale

Christie’s 21st-century evening sale in New York on Wednesday achieved $162.7 million, its highest total in the category since 2021. The sale featured eight works from the collection of the late dealer Marian Goodman by Gerhard Richter, which together sold for $78.8 million, nearly half the evening’s haul. Richter’s photorealistic candle painting *Kerze (Candle)* (1982) hammered at $30 million, below its $35 million low estimate, but still set a new auction record for the series. Other Richters performed strongly, with six of seven exceeding high estimates, including *Mohn (Poppy)* (1995) at $20.1 million. A modest Basquiat work on paper, *Asbestos*, sold for $6.54 million, and one lot by Ed Ruscha was bought in.

Eyes Wide Open! Kenny Schachter Dishes on Delinquent Dealers, Secret Deals, and That Other ‘Salvator Mundi’

Kenny Schachter offers a sardonic, first-person account of the spring 2025 art season in New York, weaving together observations from auctions, art fairs, and gallery openings. He notes brisk business at Sotheby's and Phillips, citing specific sales like James Ensor's tiny "Still life with Stingray" ($140,800) and Georgia O'Keeffe's double-sided "Maple Leaves and Flowering Cactus" ($1.68 million). Schachter also recounts his experience at Larry Gagosian's new Madison Avenue gallery, where security guards outnumbered the artworks, and reflects on the broader economic climate, including a tax lawyer moonlighting as a 3-D printer for his own sculpture project. He contrasts the wealthiest collectors—one driving a Lamborghini but staying at a Holiday Inn Express—with dealers wearing grim faces at TEFAF, painting a picture of a bifurcated art economy.

17 New Artist Auction Records Set in May 2026

New York's spring auction week, starting May 18, 2026, saw record-breaking sales led by Christie's, which realized over $1.1 billion across two opening night sales. Major estate consignments from Condé Nast owner S.I. Newhouse, MoMA trustee Agnes Gund, dealer Marian Goodman, and financier Robert Mnuchin fueled the market, resulting in 17 new artist auction records.

Jumper Maybach Turns Abstraction Into Emotional Space

American artist Jumper Maybach, known for his abstract expressionist paintings, debuted a new suite of works titled "Radiant Spaces" at the inaugural Salt Lake Art Show in 2026. The series explores themes of emotional energy, human resilience, and healing, using layered textures and color fields to create immersive experiences. Maybach has also created site-specific installations in architecturally significant buildings, including the 1900K building in Washington, D.C., and continues to blur the lines between fine art, installation, and luxury design.

Husband of Gallerist Brent Sikkema Found Guilty of Ordering His Killing

A federal jury in Manhattan found Daniel Sikkema guilty of hiring a hit man to murder his estranged husband, esteemed New York gallerist Brent Sikkema. The killing occurred in January 2024, when Brent Sikkema was stabbed to death in his Rio de Janeiro vacation home. The hit man, Alejandro Triana Trevez, a former security guard for the couple, testified that Daniel paid him over $10,000 for the murder. Daniel Sikkema, who denied the charges, now faces a mandatory life sentence and has said he will appeal.

Sotheby’s Buoyant $303.4 Million Modern Art Evening Sale: By the Numbers

Sotheby’s modern art evening sale on Tuesday night generated $303.4 million, with a 97.6% sell-through rate and a hammer total of $256.5 million. The top lot was Henri Matisse’s *La Chaise Lorraine* (circa 1919), which sold for $48.4 million after a prolonged bidding war. The house withdrew three lots before the sale to improve optics, and 85% of the lots were guaranteed, mostly by third parties. Asian collectors were active at seven-figure price points, contrasting with sparse high-end bidding at Christie’s the previous night.

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.

Five Questions for Five Advisors on the May Marquee Sales

The article reports on the May 2023 marquee auction sales at Christie's, Sotheby's, and Phillips, which collectively topped $2.5 billion—nearly double the $1.3 billion from the same period last year. The sales were headlined by the record-breaking $181.2 million sale of S. I. Newhouse's Jackson Pollock painting, Number 7A, 1948, and buoyed by the $630.8 million generated from Newhouse's 16-lot collection. ARTnews asked five art advisors for their takes on the sales, including insights on high attendance at previews, the performance of specific works like a Gerhard Richter painting from Marian Goodman's collection, and the emergence of millennial and Gen Z buyers.

Marian Goodman’s $35.1 M. Richter ‘Candle’ Leads Christie’s Tepid $162.7 M. Trio of Postwar and Contemporary Sales

Christie’s New York held a trio of postwar and contemporary art evening sales on Wednesday night, totaling $162.7 million with fees, just meeting expectations. The auction was led by a Gerhard Richter painting, *Kerze (Candle)*, which sold for $35.1 million, and featured a collection of eight Richter works from the estate of revered dealer Marian Goodman, which collectively hammered at $66 million. Other highlights included a Donald Judd stack from the estate of collector Henry S. McNeil, selling for $12.8 million, and a Richter *Mohn (Poppy)* that achieved $20.1 million. Only one lot, an Ed Ruscha canvas, failed to sell.

Gerhard Richter ‘Candle’ From Estate of Revered Dealer Marian Goodman Falls Short of a Record at $35.1 M.

A Gerhard Richter painting, *Kerze (Candle)* (1982), from the estate of the late dealer Marian Goodman sold at Christie’s on Wednesday evening for $35.1 million (with fees), falling short of the artist’s $46.3 million record set over a decade ago. The lot, estimated at $35–$50 million, was guaranteed by a third party and drew a hammer price of $30 million after less than two minutes of subdued bidding. Goodman, who represented Richter for decades until he left for David Zwirner in 2022, had purchased the work directly from the artist in 1989 and held it for nearly 40 years. The painting was one of eight Richter works from Goodman’s estate offered in the combined “Marian’s Richters & 21st Century Evening Sale.”

The New York Fairs Are Done. What Remains?

The article reflects on the conclusion of New York's spring art fair season, highlighting TEFAF New York at the Park Avenue Armory and the Independent Art Fair, which relocated to Pier 36. It notes the ongoing Focus fair for emerging Asian art and spotlights specific artists, including Taiwanese painter Tseng Chien-Ying at Kiang Malingue's booth and Frank Gaard at Post Times, describing their works and the fair's atmosphere of discovery.

Christie’s Posts ‘Rock Solid’ Contemporary Sale, Led by Marian Goodman’s Gerhard Richters

Christie’s 21st-century evening auction in New York on May 20 brought in $162.7 million, a 69 percent increase from the same sale last year and the house’s highest New York evening total in the category since 2021. The sale featured 42 lots, including a single-owner collection of Minimalist works owned by Henry S. McNeil Jr. and eight Gerhard Richter works from the collection of the late gallerist Marian Goodman. The top lot was Richter’s photorealistic painting *Kerze (Candle)* (1982), which sold for $35.1 million, falling short of its $50 million high estimate. Other notable results included a Donald Judd Plexiglas stack that sold for $12.8 million and works by Richard Artschwager and Carl Andre that far exceeded their low estimates.

Richter and Judd works top Christie's solid if not stellar sale of post-war and contemporary art

Christie’s held a two-part evening sale on May 20, featuring 42 lots from the estate of dealer Marian Goodman and the single-owner collection of Henry S. McNeil Jr. The auction achieved a hammer total of $132 million ($162.6 million with fees), just above the low end of its pre-sale estimate. The top lot was Donald Judd’s untitled plexiglass and copper stack sculpture, which sold for $12.8 million with fees, setting a new record for a Judd stack at auction. A surprise standout was Richard Artschwager’s Two-Part Invention (1967), which hammered at $500,000—more than six times its high estimate. The McNeil collection achieved a white-glove sale, while all but two of the eight Gerhard Richter works from the Goodman collection were guaranteed by third parties.

TEFAF New York 2026: Contemporary Gains Ground

TEFAF New York 2026 is set to feature a stronger contemporary art presence, signaling a shift in the fair's traditional focus on Old Masters and antiques. The event will expand its contemporary offerings, attracting a broader range of galleries and collectors.

Studio 54 Fine Art Is Betting on a More Nimble Gallery Model

Studio 54 Fine Art, founded and directed by Gary Williamson, is pioneering a nimble gallery model without a permanent brick-and-mortar space, instead meeting collectors through rotating physical exhibitions and behind-the-scenes matchmaking. The gallery is currently presenting the exhibition “Empire of Silence: The Untamed Majesty of Rowan Blackwell” in Switzerland, featuring large-scale photographs of wild animals by artist Rowan Blackwell, on view through August 31. Williamson, who transitioned from luxury goods and property investment to founding the gallery in Milan in 2016, emphasizes a focus on quality, provenance, and long-term value, with a roster of artists selected for technical mastery and distinctive vision.

Heffel’s spring sales, featuring rediscovered royal portrait and E.J. Hughes seascape, tally $16.2m

Heffel's spring auction in Toronto on 21 May achieved a total of C$22.4m ($16.2m), led by E.J. Hughes's seascape *Coastal Boats Near Sidney, BC (1948)*, which sold for C$5.7m ($4.1m)—more than tripling its high estimate and setting a new auction record for the artist. The painting was consigned by Emily Carr University of Art and Design, with proceeds benefiting student awards. Other highlights included works by Mary Pratt, Jean Paul Riopelle, Alex Colville, Takao Tanabe, Tom Thomson, Arthur Lismer, and A.J. Casson, with four lots crossing the million-dollar mark and a 93.75% sell-through rate.

What New York’s $2.1B Auction Week Means for the Market

New York’s spring auction week generated $2.1 billion in sales, with major auction houses posting dramatic gains over the previous spring. The results were driven by trophy artworks, high-profile collections, and a renewed willingness among top collectors to spend at the highest level, signaling a robust rebound in the art market.

Christie’s Kiran Nadar Exhibition Is the Latest Indicator of the South Asian Art Market’s Growing Importance

Christie’s London will host “The Meeting Ground,” a non-selling exhibition of works from the Kiran Nadar Museum of Art (KNMA) in New Delhi, from July 16 to August 21, 2025. The show features Indian modernists such as M.F. Husain, S.H. Raza, K.G. Subramanyan, and F.N. Souza, alongside contemporary South Asian artists, Indigenous art practitioners, and diaspora artists. Admission is free. The exhibition follows a series of record-breaking auction sales for South Asian art, including Husain’s *Untitled (Gram Yatra)* (1954) sold at Christie’s New York for $13.8 million in March 2025 and Raja Ravi Varma’s *Yashoda and Krishna* (ca. 1890s) sold at Saffronart for $17.9 million.

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.

India's Kiran Nadar Museum to take over Christie's London headquarters this summer

The Kiran Nadar Museum of Art (KNMA) in New Delhi will take over Christie’s London headquarters this summer for a month-long non-selling exhibition titled "The Meeting Ground: Scenes from the KNMA Collection" (16 July-21 August). The show will feature 180 works by 60 Indian, Pakistani, and Bangladeshi artists from the 1950s to the present, drawn from billionaire collector Kiran Nadar’s vast collection of South Asian Modern art. The exhibition anticipates the delayed relocation of KNMA to a new 100,000 sq. m building near Delhi airport, designed by David Adjaye and now about 60% complete, with former Louvre Abu Dhabi director Manuel Rabaté appointed to run the museum.

‘Shocking? It’s only what you see in ancient temples’: painter T Venkanna on his joyous carnivals of copulation

T Venkanna, an Indian painter known for his sexually explicit and mythologically-infused works, is the subject of his first institutional solo show. The exhibition features an altarpiece shaped like a juvenile phallus, populated with scenes of graphic copulation, including figures from Hindu mythology and Adam and Eve. Venkanna draws inspiration from ancient Indian temple sculptures, which he says depict similar acts, and his work challenges the disparity between puritanical religious doctrine and licentious reality. The artist, who grew up as the son of a Hindu priest, has faced death threats and accusations of blasphemy in India for his provocative imagery.

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.

Follow PAPER Undercover at New York Art Week

The article follows the author's undercover experience during New York Art Week, focusing on the simultaneous openings of Frieze New York and TEFAF New York in May. Frieze, held at The Shed in Hudson Yards, features contemporary galleries from 28 countries, while TEFAF at the Park Avenue Armory offers a mix of contemporary art, antiques, and Old Masters. The author highlights standout works, including Kelly Sinnapah Mary's solo presentation at James Cohan and Aki Goto's dental installation at Gallery G, and notes the packed schedule of talks, gallery openings, and museum galas.

Dansaekhwa has taken over the modern art world. But the story of how that happened is up for debate.

The article examines the global rise of Dansaekhwa, a Korean monochrome painting style that has achieved record auction prices and widespread collector interest over the past decade. It traces key milestones, including two pivotal 2014 exhibitions at Kukje Gallery in Seoul and Blum & Poe in Los Angeles, and the surge in auction prices for artists like Kim Whan-ki, Park Seo-bo, and Chung Sang-hwa, culminating in a $13 million sale in 2019.

Emirati abstraction meets floral forms

This article is a roundup of cultural events and openings in Dubai's Alserkal Avenue, including the launch of WINDOW, a chef-driven restaurant by the team behind Kokoro, led by chef Gonzalo Platero. It also covers the opening of Gradient, a gallery by Syrian-American designer Nader Gammas showcasing lighting, collectible design, and antiques; an exhibition of Syrian artist Safwan Dahoul's melancholic 'Dream' series; a group show titled 'All the Lands from Sunrise to Sunset' at Green Art Gallery exploring imperialism; and a book recommendation for Thani Al-Suwaidi's 'The Diesel'. Additionally, it notes the 20th 'Special Edition' of Art Dubai, which attracted 25,000 visitors.

Richter works from gallerist Marian Goodman and Donald Judd pieces lead Christie's New York auctions

I lavori di Richter della gallerista Marian Goodman e le opere Donald Judd guidano le aste di Christie’s a New York

Christie's New York spring sales opened on May 20, 2026, with two major collections: the minimalist art collection of Henry S. McNeil Jr. and works by Gerhard Richter from the collection of legendary gallerist Marian Goodman. The 42-lot session achieved $162.7 million, with 98% sold by lot. The 21st Century Evening Sale alone reached $136.8 million, a 42% increase over May 2025 and Christie's highest result for the category in five years. Top lots included Donald Judd's "Untitled" (1969) at $12.8 million—a new auction record for a Judd stack—and Richard Artschwager's "Two-Part Invention" (1967) which soared to $635,000 from an estimate of $60,000–80,000. The Goodman collection of eight Richter works, all guaranteed, generated $78.8 million, exceeding expectations.

"Es ist nur die Frage: Bist du reich genug oder nicht?"

A Christie's auction in New York saw Jackson Pollock's "Number 7A" sell for approximately $181 million, contributing to a total of $1.1 billion in sales for the evening. The auction, covered by Vanity Fair and the New York Times, featured intense bidding between figures like Iwan Wirth and Alex Rotter, while names such as Jeff Bezos and Ken Griffin were speculated to be involved. Combined with sales from Sotheby's and Phillips, the week generated around $2.5 billion. Meanwhile, a separate controversy erupted in France over artist Claire Tabouret's new stained-glass windows for Notre-Dame Cathedral, with critics arguing they violate heritage protection laws. Additionally, the Fondation Beyeler faces allegations that a Cézanne watercolor in its current exhibition may be Nazi-looted art from the collection of Jewish paper wholesaler Gustav Schweitzer.

Is the art market slump over?

Ist die Flaute im Kunstmarkt vorbei?

The New York spring auctions saw explosive top prices, with Jackson Pollock's drip painting "Number 7A" (1948) selling for $181.2 million at Christie's, making it the fourth most expensive artwork ever auctioned. Christie's evening sales alone generated $1.1 billion, including $630.8 million from 16 works from the S.I. Newhouse collection. Sotheby's opened the season with a Mark Rothko from the estate of dealer Robert Mnuchin, achieving $85.8 million, while Phillips sold all 40 lots for $115 million, double the previous year. Younger artists like Joseph Yaeger also saw prices far exceed estimates.

L’actualité des maisons de ventes - juin 2026

The June 2026 auction news roundup reports a sharp slowdown in the ultra-contemporary art market, with sales of artists under 40 dropping from $306 million in 2022 to just $48 million in 2025—a 47% decline from 2024. Painting dominates 80% of this segment, but top prices remain far below pre-pandemic peaks, with Flora Yukhnovich's $1.73 million work leading. London now holds 26% of the market, ahead of New York's 24%, while Paris lags at 0.9%. Other highlights include a sale of over 150 unseen concert photographs by Patrick Ullman at Quai des Enchères, a record €10.2 million for Henry Taylor, and a €10.2 million Monet record in France at Sotheby's Paris. Ader also offers rediscovered Renaissance and Baroque works by Antonello da Messina and Rubens at Drouot.