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paint drippings art industry news feb 16

This week's art industry news covers significant developments across fairs, auctions, galleries, and museums. Frieze New York announces its 15th edition with a strong Latin American gallery presence, while the India Art Fair reports robust sales, including works by Atul Dodiya and N.S. Harsha fetching up to $600,000. Sotheby's will offer a major Francis Bacon self-portrait from the collection of Joe Lewis, and Christie's is set to sell three masterpieces from Agnes Gund's collection, estimated at over $123 million. Gallery news includes Federica Beretta's return to Opera Gallery and David Zwirner's new representation of painter Louis Fratino.

Christie's nets $1.1bn from back-to-back S.I. Newhouse and 20th century evening sales in New York

Christie's held back-to-back evening auctions in New York, featuring the esteemed S.I. Newhouse collection and a 20th-century evening sale, achieving a combined total of $950 million (or $1.1 billion with fees). The Newhouse sale was a white-glove affair, 100% sold, though entirely backed by third-party guarantees. Highlights included Constantin Brancusi's bronze 'Danaïde' (1913) selling for $107.5 million with fees, a record for the artist, and Pablo Picasso's 'Tête de femme (Fernande)' fetching $48.3 million. Other top lots included works by Piet Mondrian, Joan Miró, Henri Matisse, Francis Bacon, Jasper Johns, Andy Warhol, and Jackson Pollock, with many going to anonymous telephone bidders.

Picasso Painting That Cost S. I. Newhouse a MoMA Board Position Heads to Christie’s for $55 M.

Christie’s New York will auction 16 masterpieces from the collection of late Condé Nast magnate S. I. Newhouse on May 18, with an estimated total of $450 million. The highlight is Pablo Picasso’s Cubist painting *Homme à la guitare* (1913), estimated at $35–55 million, which Newhouse acquired in 2000 for $10 million after MoMA sold it from its collection. Newhouse, then a MoMA board member, violated museum policy by buying the work and subsequently resigned from the board.

kenny schachter column larry g michael werner gallery

Kenny Schachter's column reports on the fallout at Michael Werner Gallery following the departure of star artist Peter Doig. Co-owner Gordon VeneKlasen is accused of expensing luxury items—including private jets, Hamptons helicopter rides, and even a solo helicopter trip for his Labrador Retriever—while the gallery faced financial strain. The partnership is dissolving, with VeneKlasen moving to Los Angeles to open his own gallery and listing his West Village home for $20 million. Meanwhile, Schachter also notes Pace Gallery's financial troubles, with founder Arne Glimcher stepping in to stabilize operations.

consignors new york november auctions 2025

New York's November 2025 auction season is set to feature at least $1.67 billion in art across Sotheby's, Christie's, and Phillips, a 54% increase in estimates from the same period last year. The season is dominated by major estates, including Leonard Lauder's $400 million trove at Sotheby's with Klimt paintings and Matisse bronzes, Cindy Pritzker's collection featuring a Van Gogh, and anonymous Surrealist works. Christie's offers $736 million in low estimates from collections like Robert and Patricia Weis, Elaine Wynn, and Stefan Edlis. Phillips remains risk-averse, focusing on established names. The market shows a flight to quality, with emerging art reduced and delegated to day sales, while ultra-contemporary segments contract.

paint drippings art industry news mar 3 2

Frieze Los Angeles launched with significant early momentum as Endeavor CEO Ari Emanuel acquired three quilts by artist Yvonne Wells from Fort Gansevoort before VIP hours officially began. The fair's opening day saw robust activity, including the $3.7 million sale of an Ed Ruscha painting, while major galleries like Pace Prints and Opera Gallery announced strategic expansions into Los Angeles and Houston respectively.

consignors november 2025 new york sales christies sothebys

As the fall auction season returns to New York, Christie’s and Sotheby’s are preparing for evening sales amid an uneven art market. The article reveals key consignors behind major lots, including a Frida Kahlo painting from 1931, estimated at $6–8 million, owned by Miami-based Francisco and Fiorella Pérez Díaz, and three French Post-Impressionist works from the collection of the late Argentine patron Nelly Arrieta de Blaquier. The market context includes underwhelming results at Art Basel in Switzerland but strong attendance at Frieze London and Art Basel Paris, with collectors showing willingness to spend only on exceptional, well-priced works.

Rashid Johnson Photographs Jay-Z for New GQ Cover Story

Rashid Johnson photographed Jay-Z for the cover of GQ's new special global issue, which features an extensive interview with the rapper and mogul. Johnson, a contemporary art star known for exploring Black male identity, was chosen for his artistic alignment with Jay-Z's career-long challenge of simplistic notions of Blackness in American culture.

The 16 Most Expensive Artworks Ever Sold at Auction

ARTnews published an updated list of the 16 most expensive artworks ever sold at auction, highlighting recent record-breaking sales such as Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16), which fetched over $236.4 million at Sotheby's, and Jackson Pollock's *Number 7A, 1948*, which sold for well above its $100 million estimate at Christie's in May 2026 from the S. I. Newhouse collection. The article traces the history of top auction prices, including Vincent van Gogh's *Orchard with Cypresses* (1888), which sold for $117 million during the Paul Allen sale at Christie's in November 2022, part of a record $1.5 billion single-evening auction.

The Most Expensive Works by Mark Rothko Sold at Auction

Mark Rothko's paintings continue to command top prices at auction, with a list of his most expensive works updated in May 2026. The article details sales including 'Orange, Red, Yellow' (1956), 'Untitled' (1952) for $66.2 million, 'White center (Yellow, pink and lavender on rose)' (1950) for $72.8 million, 'No. 1 (Royal Red and Blue)' (1954) for $75 million, and 'No. 10' (1958) for $81.9 million. It also notes that in May 2026, Rothko's 'Brown and Blacks in Reds' (1957) sold for $85.8 million at Sotheby's from dealer Robert Mnuchin's collection, narrowly missing the artist's record.

Defiant women and daring paintings: Emin, Webster and Wylie create a buzz in the UK's exhibition calendar

The UK art scene is currently dominated by major survey exhibitions from three prominent female artists: Rose Wylie, Tracey Emin, and Sue Webster. Rose Wylie, at 92, makes history as the first woman painter to occupy the Royal Academy’s main galleries, while Tracey Emin presents a raw, thematic survey at Tate Modern reflecting on her life before and after cancer. Simultaneously, Sue Webster marks her institutional solo debut at Firstsite, showcasing a transition from her famous collaborative practice to deeply personal oil painting.

wet paint jim toth art sound

Gabi Vidal-Irizarry, a guest writer for Artnet News's Wet Paint gossip column, recounts attending an "Artist Party" at the Museum of Modern Art featuring Arthur Jafa. The column then pivots to a profile of Jim Toth, the audio engineer behind the distinctive white pyramid speakers ubiquitous at New York art world events, tracing his career from the city's legendary 1980s nightlife scene to becoming the preferred sound provider for museums and elite patrons.

tony shafrazi independent art fair return

Tony Shafrazi, the legendary and controversial New York art dealer, is returning to the art fair circuit for the first time since 2012 with a booth at the Independent 20th Century fair in New York. He is presenting works by Armenian sculptor Zadik Zadikian, whose installation of gold bricks Shafrazi first exhibited in Tehran in 1978 before they were lost in the Iranian Revolution, alongside paintings by Brandon Deener. Shafrazi, now in his 80s, closed his New York gallery in 2011 and was banned from Art Basel in 2012 for breaking the fair's rules.

george condo spruth magers skarstedt representation

Galleries Sprüth Magers and Skarstedt have announced joint representation of artist George Condo, ending his six-year partnership with Hauser & Wirth. Condo has a long history with both galleries: he first showed with Monika Sprüth in 1984 and was represented by Skarstedt from 2004 to 2019. The announcement comes after a two-venue exhibition earlier this year that involved both Sprüth Magers and Hauser & Wirth. Condo's market remains strong, with recent auction sales exceeding $6 million and a current retrospective at the Musée d’Art Moderne de Paris.

y z kami painting gagosian

Y.Z. Kami's painting *Messenger (The Forrest)*, priced around $300,000, is currently on offer at Gagosian's Beverly Hills gallery. The work is part of a series the artist began in 2022 based on photographs taken during travels in India. Kami, born in Tehran in 1956 and based in the U.S. since 1984, is known for large-scale portraits in oil on linen. The painting is featured in Kami's exhibition 'The Domes' at Gagosian, which runs through August 8 and includes three Messenger paintings, one already sold. The show marks his first West Coast solo exhibition since 2016–17 at LACMA.

jenny saville national portrait gallery

British artist Jenny Saville has received her first major solo exhibition at a London museum, titled "Jenny Saville: The Anatomy of Painting" at the National Portrait Gallery. The show spans three decades of her practice across some 50 paintings and drawings, tracing her evolution from a Young British Artist (YBA) known for vast, sensitive paintings of women's bodies to her recent digital-era heads. The exhibition will travel to the Modern Art Museum of Fort Worth in Texas in October. The article also highlights Saville's record-breaking 2018 sale of *Propped* for $12.4 million at Sotheby's London, which made her the highest-selling living female painter at the time, and notes recent auction results including *Juncture* selling for $7.3 million.

david lynch obituary

David Lynch, the acclaimed artist, filmmaker, and musician known for his surreal and unsettling aesthetic, has died at age 78. His family announced his passing on Facebook, noting he had been battling emphysema after a lifetime of smoking. Lynch's career spanned over four decades, producing iconic films like *Blue Velvet* (1986) and *Inland Empire* (2006), as well as the hit TV series *Twin Peaks* (1990–91). Beyond cinema, he maintained a rich visual art practice, creating figurative paintings, assemblages, and photographs that echoed his cinematic themes of home, light, and dream logic.

francis bacon pope

The Nahmad family sold a Francis Bacon painting titled *Pope* (1958) for $15 million at the VIP opening of Art Basel. The work, which had been purchased by Helly Nahmad gallery for $6.6 million at a Sotheby’s auction in 2019, was the second-highest known price at the fair, trailing only a $40 million Louise Bourgeois *Spider* sold by Hauser & Wirth.

a tale of four cities

Artnet News and Morgan Stanley have released a report analyzing the global art auction market across four major cities—London, Paris, Hong Kong, and New York—over the period from 2013 to 2023. Total auction sales for the first half of 2024 fell to $5.05 billion, down from $7.17 billion in the same period of 2023. The report highlights a dramatic 49 percent decline in London's auction sales following the 2016 Brexit vote, while New York has maintained its dominant position, driven by blockbuster collections like those of Peggy and David Rockefeller and Paul G. Allen. Hong Kong saw growth until the Chinese property crisis in 2022, and Paris has gained ground post-Brexit, with sales up 30 percent over 2013.

Our Guide to New York Art Week 2026

New York Art Week 2026 brings a major convergence of art events across the city, including several prominent art fairs such as Frieze New York, Independent New York, TEFAF New York, and NADA New York. The week also features gallery openings spanning from Tribeca to the Upper East Side, as well as auction previews ahead of key sales at Sotheby’s, Christie’s, and Phillips.

arrival hotel art fair change the game

A new art fair called Arrival made its debut at the Tourists hotel in North Adams, Massachusetts, featuring 36 exhibitors and attracting curators, collectors, and artists from across the country. The fair, which closed June 15, offered an intimate format with world-class art, deep conversation, and a relaxed atmosphere that included swimming between sales, set against the backdrop of cultural attractions like Mass MOCA, the Clark Art Institute, and the Williams College Museum of Art.

influential french gallerist daniel lelong dies 92

Daniel Lelong, the influential French gallerist who cultivated deep relationships with 20th-century modern artists, died at age 92. Lelong began his career drafting statutes for the Marguerite and Aimé Maeght Foundation before working at Galerie Maeght, where he organized exhibitions for icons like Joan Miró, Alexander Calder, and Alberto Giacometti. After Maeght's death in 1981, Lelong became director of Galerie Maeght-Lelong alongside Jean Frémon and Jacques Dupin, and the gallery was renamed Galerie Lelong & Co. in 1987, with locations in New York and Zurich. He showed at the first Art Basel in 1970 and maintained close ties with artists such as Jaume Plensa, Jannis Kounellis, and Sean Scully.

photo london 2025 standouts

Photo London's 10th edition opened with a buoyant mood despite co-founder Michael Benson acknowledging a difficult economic climate. The fair features classics by pioneers like Henri Cartier-Bresson and Brassaï, alongside emerging artists through its Discovery section and Positions platform. Standouts include Palestinian-American artist Adam Rouhana's poignant images of joy and resistance, the special exhibition "London Lives" curated by Francis Hodgson featuring 30 photographers, and a notable booth by Guerin Projects showcasing Robin Hunter Blake's chronophotographic works paired with Rodin's The Kiss.

Inside LACMA’s 2026 Reopening: What to Know About the New David Geffen Galleries

The Los Angeles County Museum of Art (LACMA) has announced that its highly anticipated David Geffen Galleries will officially open to the public on April 19, 2026. Designed by Pritzker Prize–winning architect Peter Zumthor in collaboration with director Michael Govan, the new facility features a horizontal, elevated design that spans Wilshire Boulevard. The structure will house 26 galleries on a single level, representing the culmination of a nearly two-decade redevelopment project.

Gagosian chooses Paris location to present three important late paintings by Francis Bacon

Gagosian gallery will present three significant late paintings by Francis Bacon in a dedicated exhibition at its Paris location on Rue de Castiglione. The show, running from April 11 to May 30, 2026, features 'Study from the Human Body — Figure in Movement' (1982), 'Study from the Human Body' (1986), and 'Man at a Washbasin' (1989-1990), marking the first time these specific works have been shown together.

film wealth consultant fanny pereire devil wears prada

Fanny Pereire is a fine art coordinator for film and television, responsible for curating the art seen in the homes and offices of fictional characters, particularly the ultra-wealthy. Her work spans productions like *The Devil Wears Prada 2*, *Succession*, *Industry*, and *The Menu*, where she sources, reproduces, and often destroys artworks to ensure authenticity and copyright compliance. She typically uses high-quality replicas for expensive pieces and oversees their destruction after filming.

art advisor power list collecting 2026

CULTURED magazine has published its 2026 list of 16 Power Advisors, highlighting the professionals who guide collectors in building influential art collections. The list includes established figures like Samy Ghiyati and Nicolas Nahab of the Paris-based advisory NG Partners, as well as Los Angeles-based advisor Nancy Gamboa, who worked with collector Jarl Mohn on the MAC3 donation to LACMA, MOCA, and the Hammer. The article notes that the number of art advisors has grown alongside the art market, with a 2020 survey finding that 30% of New York collectors had worked with one.

john vincler new york gallery guide summer

The article surveys several New York gallery exhibitions during the transition from spring to summer 2025, focusing on how the human body is depicted in contemporary art. Key shows include David Zwirner's "Circa 1995: New Figuration in New York," featuring works by John Currin, Lisa Yuskavage, Marlene Dumas, Luc Tuymans, Laura Owens, and Peter Doig; Skarstedt's "Andy Warhol: Oxidation Paintings," presenting Warhol's urine-reactive abstract works; and Rachel Harrison's "The Friedmann Equations" at Greene Naftali, which explores spectatorship and the somatic through photographs, drawings, and sculptures.

Behind Christie’s $1 B. Blockbuster Result, the Market Still Looks Uneven

Christie’s New York achieved over $1 billion in sales during a two-part evening auction, led by Jackson Pollock’s *Number 7A, 1948* which sold for $181.2 million. The sale, the first billion-dollar night since the Paul G. Allen collection in 2022, also saw records for other works and active bidding from a small group of buyers, including dealer Jeffrey Deitch. However, the blockbuster results mask a more cautious middle market, where works priced between $100,000 and $1 million remain slow to sell.

Megadealer Larry Gagosian Is the Subject of Unauthorized Documentary In the Works from Director Barry Avrich

Director Barry Avrich is producing an unauthorized documentary titled "Shadow Man: Inside The Secret World of Larry Gagosian" about the legendary art dealer. The film, confirmed by Avrich via email, promises to feature interviews with former employees and artists sharing insider stories about Gagosian's rise from selling posters on LA streets to running a global gallery empire with 18 locations. Avrich previously directed art-world documentaries including "Made You Look: A True Story About Fake Art" about the Knoedler & Co. forgery scandal and "Blurred Lines: Inside the Art World."