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Robert Mnuchin's $85.7m Rothko leads Sotheby's $407.5m auction in New York

Sotheby's evening auction in New York on May 13, 2025, realized $407.5 million ($433.1m with fees), led by Mark Rothko's "Brown and Blacks in Reds" (1957) from the collection of the late dealer Robert Mnuchin, which sold for $74m ($85.7m with fees). The sale opened with all eleven lots from Mnuchin's collection achieving a 'white glove' result, totaling $140.7m ($166.3m with fees), and continued with a mixed-vendor contemporary section that added $223m ($266.8m with fees), setting four new artist records.

The Most Expensive Jean-Michel Basquiat Works Ever Sold at Auction

ARTnews published a listicle ranking the most expensive Jean-Michel Basquiat works ever sold at auction, updated as of May 15, 2026. The article traces Basquiat's rise from street artist under the moniker SAMO to a major figure in the downtown New York scene, highlighting key relationships with Keith Haring, Diego Cortez, and curator Henry Geldzahler. It notes that Basquiat's entire mature output was created between 1981 and 1984, and that his 1983 painting *Museum Security (Broadway Meltdown)* sold at Sotheby's in May 2026 for $52.7 million, placing it among his top sales. The piece also details earlier top sales, including *Untitled* (1982) for $29.3 million at Christie's in 2013 and *Flesh and Spirit* (1982–83) for $30.7 million at Sotheby's in 2018.

At Frieze New York, Business Plunks Along, Leonardo DiCaprio Alights

At the VIP opening of Frieze New York, collectors were present but subdued, with galleries presenting modest displays and sales proceeding at a sensible, sedate pace. Despite the lack of urgency, business has improved since last year, buoyed by upcoming top-tier auctions. Thaddaeus Ropac confirmed four early sales, including a George Baselitz canvas for €1.4 million and an Alex Katz work for $400,000. David Zwirner’s booth of Joe Bradley paintings was among the buzziest, with all works on hold by early afternoon, while Cindy Sherman photographs at Hauser & Wirth sold steadily. Leonardo DiCaprio made visits, and Kelly Sinnapah Mary’s paintings at James Cohan Gallery sold out, the largest to a museum.

For young dealers, being in New York is key to surviving and thriving

The article examines how young art dealers in New York are adapting to the city's high costs and competitive market during the May art season. It highlights galleries like Europa, Esther, and Gordon Robichaux participating in multiple fairs simultaneously, such as Frieze New York and Independent New York, to maximize sales and visibility. Dealers like Pali Kashi and Silke Lindner emphasize strategic resourcefulness, with some sales already covering fair costs, while referencing artist Josh Kline's essay on how real estate pressures stifle artistic risk-taking.

At the Venice Biennale, the Thrill of Victory, the Agony of Defeat

The article reports on the opening of the 61st Venice Biennale, highlighting the central exhibition "In Minor Keys" conceived by the late Koyo Kouoh, along with national pavilions and collateral events. It notes standout contributions from artists such as Alvaro Barrington, Kaloki Nyamai, Florentina Holzinger, Ei Arakawa-Nash, Li Yi-Fan, and Dries Verhoeven, while describing the American pavilion as lackluster and the overall commercial offerings as uneven. The text also covers performances and exhibitions featuring nudity and body horror, including Tino Sehgal's "The Kiss" and Maja Malou Lyse's video with the collective DIS.

In Pictures: New Museum curator Gary Carrion-Murayari’s Frieze favourites

New Museum curator Gary Carrion-Murayari shares his personal highlights from the Frieze New York art fair, selecting works by artists including Arthur Simms, Haegue Yang, Abel Rodriguez and Aycoobo-Wilson Rodríguez, Sung Tieu, Maryam Hoseini, Pedro Neves, and Melvin Way. Each pick is accompanied by a brief commentary explaining why the work resonates with him, ranging from underappreciated talents to artists featured in the 2024 Venice Biennale.

Ten years on, Tefaf New York still stands out from the crowd

Tefaf New York returns to the Park Avenue Armory from 15 to 19 May, bringing together 88 exhibitors from 14 countries. The fair, which launched in 2016 as a two-part event and consolidated into a single annual edition in 2022, spans Greco-Roman antiquities, jewellery, 20th-century design, and contemporary art. This year’s edition includes nine new exhibitors such as David Lévy, Larkin Erdmann, Piano Nobile, Macklowe Gallery, and ML Fine Art, and sees the return of John Berggruen after a three-year absence. Fair leadership, including director Leanne Jagtiani and head of fairs Will Korner, emphasize the fair’s distinctive focus on Modern art, which they say differentiates it from other spring fairs in New York that are more heavily weighted toward contemporary work.

Bodies, Bodies, Bodies: Artists Revisit the Nude in Shows Across New York

This spring in New York, multiple exhibitions are revisiting the nude as an artistic genre, with artists exploring themes of flesh, harm, aging, and political oppression. Notable shows include Seung Ah Paik's "Self Configuration" series at Bortolami, where she paints distorted self-portraits that recall Surrealist and feminist traditions, and Joan Semmel's self-portraits at Alexander Gray Associates, which continue her decades-long focus on the nude body. These shows are part of a broader trend that also includes the New Museum's "New Humans: Memories of the Future."

Asian Artists Set the Stage at Independent Art Fair 2026

At the 17th edition of the Independent art fair in New York, six galleries are presenting solo booths dedicated to Asian artists, including a U.S. debut by Taiwanese artist Tseng Chien-Ying and works by Japanese painter Rika Minamitani and Chinese conceptual artist Pu Yingwei. Founder Elizabeth Dee highlights the trend as reflecting broader geopolitical shifts and artists' desire to engage with complex cultural debates in New York.

Peter Doig, Tracey Emin, and More Sign Letter Defending Southbank Centre Chair

A letter signed by environmental activist Greta Thunberg and artists Tracey Emin and Peter Doig is circulating in support of Misan Harriman, chair of London's Southbank Centre. The letter defends Harriman against what it calls a "dishonest smear campaign" by the Telegraph and other right-wing outlets, which accused him of promoting conspiracies and comparing Reform Party voters to Nazis. The controversy stems from Harriman's social media comments about a knife attack on Jewish men and a video referencing Susan Sontag and Kurt Vonnegut on the Holocaust, which critics say minimized antisemitism or drew inappropriate parallels. Harriman denies making such analogies, and 70,000 people have complained to media watchdog Ipso, while 15,000 signed the letter.

'Trusting that first reaction is important': Nacho Polo and Robert Onuska on the process of collecting

Nacho Polo and Robert Onuska, co-founders of the design gallery Studiotwentyseven, discuss their art collection in an interview with The Art Newspaper. Housed in their Tribeca apartment, the collection spans painting, sculpture, and photography with an emphasis on materiality and sculptural form. They recount their first acquisition—Ron Gorchov's *Autolykos* (2019)—and their most recent purchase, Alex Katz's *Nine Women 5* (2009). The couple also shares their instinctive buying process, a regret over missing a Nick Cave sculpture, and their anticipation for the Jean and Terry de Gunzburg collection at Sotheby's this spring.

The Works, Trends, and Artists Artnet Specialists Can’t Stop Thinking About

Artnet Auctions has three sales currently live: Post-War and Contemporary Art (through May 20), Contemporary Editions (through May 29), and Private Sales for immediate purchase. Three Artnet specialists highlight key lots: Robert Rauschenberg's 'Corridor (Hoarfrost)' (1978), Emily Mason's 'Express Report' (1988), and Andy Warhol's 'Double Mickey Mouse' (1981). The specialists discuss market trends, including the growing importance of artist foundations in supporting scholarship and market health, the rapid revaluation of post-war women abstractionists like Mason, and shifts in the prints market as consignors leverage demand.

What is Nicole Kidman Doing in a Christie’s Video Promoting the Upcoming S.I. Newhouse Sale?

Christie’s has released a two-minute promotional video featuring actress Nicole Kidman interacting with Constantin Brancusi’s bronze sculpture *Danaïde* (1913), ahead of the S.I. Newhouse collection sale in New York. The sculpture carries a pre-sale estimate of $100 million, and the video—inspired by a Man Ray film of Lee Miller—shows Kidman dancing around the work to David Bowie’s “Golden Years.” The sale, scheduled for May 18, includes 16 masterpieces from the late media magnate’s collection, expected to total around $450 million.

A Joan Mitchell diptych and a rare stack by Donald Judd: our pick of the May auctions

The Art Newspaper highlights five major lots from New York's May 2025 auctions. Phillips offers Joan Mitchell's diptych 'Plain' (1989), estimated at $5-7 million, from the collection of late Miami art patron Tina Hills. Christie's presents Donald Judd's rare copper and red Plexiglas 'Untitled (Stack)' (1969), estimated at $10-15 million, from the Minimalist collection of the late Henry S. McNeil Jr. Sotheby's leads with Jean-Michel Basquiat's 'Museum Security (Broadway Meltdown)' (1983), estimated above $45 million, and Mark Rothko's 'Brown and Blacks in Reds' (1957), estimated at $70-100 million from the collection of late dealer Robert Mnuchin.

‘This is the place of dreams’: Patrizia Sandretto Re Rebaudengo’s Venetian island venue opens to public

Patrizia Sandretto Re Rebaudengo opened San Giacomo, a Venetian lagoon island she and her husband bought in 2018, to the public on May 7 during the Venice Biennale. The former military site now houses exhibition spaces in converted munitions storehouses, featuring a solo show by Matt Copson curated by Hans Ulrich Obrist, selections from the Sandretto collection with works by Michael Armitage, Sarah Lucas, Victor Man, and Lynette Yiadom-Boakye, and outdoor installations by Pamela Rosenkranz, Claire Fontaine, Hugh Hayden, and Goshka Macuga. The island also includes a chapel-like structure by Hayden and a rocket sculpture by Macuga.

5 Trends Shaping the 2026 Venice Biennale

The 2026 Venice Biennale has opened to the public, featuring the main exhibition 'In Minor Keys' conceived by the late Cameroonian Swiss curator Koyo Kouoh, who died unexpectedly in May 2025. Kouoh, the first African woman appointed to lead the Biennale, had her curatorial team—including Rasha Salti, Marie Hélène Pereira, and Gabe Beckhurst Feijoo—carry forward her vision of art as a 'shared and sustaining force.' The opening was weighted with politics and emotion.

Frieze New York, the Cranach in Hitler’s Munich apartment, Ajamu X—podcast

This episode of The Art Newspaper's podcast covers several art-world stories. Ben Sutton and Kabir Jhala discuss the current edition of Frieze New York, alongside other concurrent fairs like Esther and Tefaf, and preview the upcoming New York auctions. Ben Luke interviews Martin Bailey about a Lucas Cranach the Elder painting, 'Cupid Complaining to Venus' (1526-27), which once hung in Adolf Hitler's Munich apartment, with a newly published photograph from the 1940s. The episode also features a segment on Ajamu X's 'Glamour Posse' series from the early 1990s, part of the touring exhibition 'Gender Stories' opening at the Walker Art Gallery in Liverpool, with comments from gallery head Charlotte Keenan.

Landmark Works Lead Cowley Abbott’s Sale of Indigenous and International Art

Cowley Abbott is staging its major spring sale, 'Select Masterworks of Indigenous and International Art,' at the Globe and Mail Centre in Toronto on May 27. The auction features a diverse range of works, including Pierre-Auguste Renoir's 'Paysage du Midi' (ca. 1900), Vincent van Gogh's 'Homme à la Pipe: Portrait du Docteur Gachet' (1890), Philip Russell Goodwin's 'Camping – Canadian Club' (1916), Emily Carr's 'Wind' (1936), and Lawren Stewart Harris's 'Above Coldwell Bay, North Shore, Lake Superior (Lake Superior Sketch XV)' (1925), with estimates ranging from CA$150,000 to CA$700,000.

Independent Art Fair Trades Downtown for the World

The Independent Art Fair has moved to Pier 36 on the Lower East Side waterfront for its 17th edition, running through May 17. The fair features 76 booths with a more spacious, warehouse-like layout, and a noticeably older, glossier crowd compared to previous years. Exhibitors include Los Angeles-based ATLA and Diane Rosenstein galleries, as well as international participants like Bogotá's SGR Gallery, showcasing solo presentations by artists such as Yoshikazu Tanaka, Kuniko Kinoto, and Johan Samboní. The fair has also announced partnerships with Sotheby's for its 20th-century edition and with the nonprofit Henry Street Settlement, signaling a tension between upscale ambitions and local community ties.

New York institutions offer nuanced and inclusive views of US’s 250th birthday

New York institutions are presenting nuanced exhibitions for the US's 250th birthday, offering both patriotic and critical perspectives on the American Revolution. The Grey Art Museum at NYU displays one of the 26 surviving Dunlap broadsides of the Declaration of Independence alongside over 100 contextual documents in "The Declaration of Independence: Long Trail to Liberty," while the Museum of the City of New York's "The Occupied City" immerses visitors in the British occupation of New York, featuring interactive elements like toppling a digital effigy of King George III.

For Fashion Iconoclast Iris van Herpen, ‘Nature Is the Best Artist’

The Brooklyn Museum has opened "Iris van Herpen: Sculpting the Senses," a major exhibition surveying two decades of the Dutch designer's avant-garde fashion. Curated by Matthew Yokobosky and Imani Williford, the show features over 140 of van Herpen's biomorphic couture pieces, including designs worn by Lady Gaga and Björk, alongside works by contemporary artists like Agostino Arrivabene and Tara Donovan. The exhibition, which originated at the Musée des Arts Décoratifs in Paris in 2023, highlights van Herpen's use of cutting-edge technology such as 3D printing and magnetic sculpting, as well as her deep inspiration from natural phenomena like fossils, coral, and water.

Think you have strong opinions about the 2026 Archibald prize? Check out the portraits that didn’t make the cut | Dee Jefferson

The article explores the annual ritual of the Archibald Prize, Australia's most famous portrait competition, through the lens of the 2026 edition. The author, Dee Jefferson, describes the predictable cycle of public enthusiasm, critical disdain, and media coverage that surrounds the prize, noting recurring trends like brown suits, oversized heads, and the dominance of male artists painting male subjects. The piece highlights specific works in this year's exhibition, including a portrait of musician Keli Holiday by Sindy Sinn that the author finds disorienting, and contrasts the main exhibition with the Salon des Refusés, the showcase of rejected entries, which includes a provocative portrait of Patricia Piccinini by Wendy Sharpe featuring exaggerated anatomy.

Latin American galleries dominate at Frieze New York

Frieze New York 2025 features a surge of 14 Latin American galleries from Mexico, Argentina, and Brazil, reversing a trend of withdrawal seen during the first 100 days of Donald Trump’s second presidency. Non-profit support from organizations like Latitude, which helped all eight Brazilian exhibitors, and a concerted effort by Frieze’s Americas team have enabled this increased presence, despite ongoing challenges such as high shipping costs, tariffs, and visa denials—exemplified by Mexican artist Dr Lakra being unable to attend his own show at Kurimanzutto.

Sotheby’s $433 Million Contemporary Evening and Mnuchin Sales Kicked Off New York’s May Marquee Auctions

Sotheby's held two major evening sales in New York—the Mnuchin collection sale and The Now & Contemporary Evening Auction—generating a combined $433.1 million. The Mnuchin sale achieved a white-glove result of $166.3 million, led by Mark Rothko's *Brown and Blacks in Reds* (1957) which sold for $85.8 million, while the contemporary auction reached $266.8 million, with Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* as the top lot. The results fell within presale estimates but marked a 133% increase over last May's contemporary sales.

5 very different art fairs throughout two days in New York City

The article reports on five distinct art fairs—Frieze, NADA, Independent, 1-54, and Esther III—visited during New York Art Fair Week. It highlights key artists and works, including Kelly Tapia-Chuning's deconstructed serapes at NADA, Esaí Alfredo's queer nighttime paintings, Alex Burke's textile dolls at 1-54, and Laetitia KY's photographic self-sculpture. The fairs collectively emphasized themes of environmentalism, globalism, decolonization, and a growing textiles sector, with curation varying widely from commercial to conceptually driven.

The Broad Los Angeles: Inside the Museum’s Quiet Pull

The Broad in Los Angeles offers visitors a polished yet intimate contemporary art experience, housed in a distinctive honeycomb-like building on Grand Avenue designed by Diller Scofidio + Renfro with Gensler. Opened in 2015, the museum displays the postwar and contemporary art collection assembled by philanthropists Eli and Edythe Broad, featuring free general admission and a tightly edited selection of works that makes it approachable for first-time museumgoers. The museum is a key anchor in downtown LA's Grand Avenue arts corridor, alongside Walt Disney Concert Hall.

'V' from 'Hockney's Alphabet' , 1991

This article is a sales listing for David Hockney's limited-edition lithograph 'V' from the 1991 portfolio 'Hockney's Alphabet', offered by Baldwin gallery for £1,850. The work is signed by the artist and editor, comes with a certificate of authenticity, and is printed on Exhibition Fine Art Cartridge paper in an edition of 250. The listing includes a biography of Hockney, noting his iconic California pool paintings, his record-breaking $90.3 million sale at Christie's in 2018, and his representation by major international galleries.

Sotheby’s May Auctions: Rothko’s $100M Masterpiece Headlines

Sotheby's is holding its most ambitious May auction series in New York, headlined by Mark Rothko's monumental painting *Brown and Blacks in Reds* (1957), estimated at $70–100 million. The sales include a dedicated auction for the collection of legendary dealer and collector Robert Mnuchin, valued at over $130 million, featuring works by Rothko, Franz Kline, and Jeff Koons. Other highlights include Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* (1983), estimated at over $45 million, and Willem de Kooning's *Untitled III* (1975), making its auction debut with a $25–35 million estimate. The series spans Modern and Contemporary art, with additional works by Pablo Picasso and Vincent van Gogh.

Several Eternities in a Day: Form in the Age of Living Materials

The Hammer Museum in Los Angeles presents "Several Eternities in a Day: Form in the Age of Living Materials," a spring 2026 exhibition running from April 5 to August 23. Curated by Jill Spalding, the show features works by artists including Edgar Calel, Guadalupe Maravilla, Carmen Argote, and others, exploring the concept of "Brownness"—a fluid identity rooted in ancestral memory, animal kinship, and a profound connection to living materials. The exhibition is organized into three acts: large-scale installations, paintings and works on paper, and ceramics, offering a visceral and immersive experience that draws on precolonial traditions across the Americas.

Inside TEFAF New York’s Annual Wealth Pageant

The 12th annual TEFAF New York fair took place at the Park Avenue Armory from May 15 to 19, attracting wealthy collectors with a mix of blue-chip art, design objects, and jewelry. Highlights included Kathleen Ryan's bejeweled 'Bad Fruit' sculptures at Gagosian, Cai Guo-Qiang's gunpowder paintings at White Cube (which sold 11 of 12 works), Sheila Hicks's textiles at Demisch Danant, and a new David Hockney painting at Annely Juda Fine Art. The fair featured 88 galleries from 14 countries, with VIP previews drawing art advisors and high-net-worth clients.