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.

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.

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.

The Box Shutters in Los Angeles After Nearly Two Decades

The Box, a pioneering Los Angeles gallery known for its nonprofit-style support of experimental and performance art, has announced its closure after nearly two decades. Founded in 2007 by Mara McCarthy, the gallery’s final exhibition featured late California painter Wally Hedrick, and a closing event will include a fashion show by Johanna Went. Mara McCarthy cited the shifting market for her father Paul McCarthy’s work and the loss of family homes in the Eaton Fire as factors behind the decision.

Manhattan's Neue Galerie to Merge With Met Museum

Cosmetics billionaire Ronald Lauder's Neue Galerie, a private museum on Manhattan's Fifth Avenue known for its collection of Austrian and German art, will merge with the Metropolitan Museum of Art. The merger takes effect in 2028, with the Neue Galerie retaining its physical space and staff. The announcement was made by The Met on May 14. The museum's star attraction is Gustav Klimt's "Portrait of Adele Bloch-Bauer I" (1907), and it also holds works by Egon Schiele, Oskar Kokoschka, and others. Lauder co-founded the Neue Galerie with dealer Serge Sabarsky in 2001. As part of the merger, Lauder and his daughter Aerin Lauder Zinterhofer will donate 13 additional paintings from their personal collection and make an undisclosed endowment gift.

10 Must-See Shows During Paris Gallery Weekend 2026

Paris Gallery Weekend 2026 returns for its 14th edition from May 29th to 31st, organized by the Comité Professionnel des Galeries d’Art. The event features 73 galleries across the Marais and other districts, offering three days of programming with must-see exhibitions during the city's vibrant late spring season.

Waddington’s Spring Sale Spotlights Canadian Masters

Toronto-based auction house Waddington's will hold its Major Spring Sale on May 28, 2026, marking its 176th anniversary. The sale comprises three sessions: Canadian & International Fine Art, First Nations Art, and Inuit Art. Highlights include works by Lawren Stewart Harris (Lake Superior Sketch, VI, est. $700,000–$800,000 CAD), David Brown Milne (Heavy Forms, 1913, est. $80,000–$120,000), Rudolf Ernst (Finishing Touches, est. $100,000–$150,000 CAD), Emily Carr (Somewhere, ca. 1942, est. $350,000–$450,000), and Norval Morrisseau (Young Shaman with Powers, 1978, est. $100,000–$150,000 CAD). The sale spans diverse periods and mediums, with a focus on Canadian masters and Indigenous art.

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.

“The Adventure of Domenico Gnoli” at Lévy Gorvy Dayan, New York

Lévy Gorvy Dayan in New York is presenting “The Adventure of Domenico Gnoli,” a survey of the Italian artist’s work including paintings, drawings, etchings, notebooks, and letters. The exhibition is organized in collaboration with Gnoli’s widow, Yannick Vu, the artist’s estate, Mimì Gnoli, and the Livia Polidoro-Gnoli Archive, and follows his major 2021–22 retrospective at the Fondazione Prada in Milan.

New York’s Neue Galerie to Merge with Metropolitan Museum of Art in Major Expansion

The Neue Galerie, a private museum on New York's Upper East Side founded by collector Ronald S. Lauder, will merge with the Metropolitan Museum of Art in 2028. The institution will be renamed the Met Ronald S. Lauder Neue Galerie, or Met Neue for short. Lauder and his daughter Aerin Lauder Zinterhofer will contribute funds toward a $200 million endowment, along with 13 works from their collection, including a prized Gustav Klimt and paintings by German Expressionists. The Met plans to exhibit some holdings at its Fifth Avenue base, but Klimt's "Portrait of Adele Bloch-Bauer I" will remain at the townhouse.

New York Is About to Sell $3 Billion in Art. Who’s Buying?

Vanity Fair's Nate Freeman reports on New York's spring art season, where auction houses are poised to sell at least $2.6 billion in art alongside major museum exhibitions (Raphael at the Met, Duchamp at MoMA, Matisse at Acquavella) and the opening of Frieze New York at The Shed. The article follows the social and commercial frenzy, highlighting a David Shrigley gong installation at Anton Kern Gallery's booth and the enduring dominance of New York, where nearly 90% of U.S. art sales occur.

Sotheby’s $304M Modern Evening Auction Confirms the Market Has Found Its Footing

Sotheby's Modern Evening Auction on May 19 achieved $304 million with a 98% sell-through rate across 45 lots, more than doubling the total from the equivalent sale in November. The auction was anchored by fresh-to-market masterpieces, including Henri Matisse's "La Chaise Lorraine" from the Barbier-Müller collection, which sold for $48.4 million—the second-highest price for a Matisse painting at auction. Other highlights included works from the Enrico Donati collection, which generated a combined $58.9 million, and Pablo Picasso's "Arlequin (Buste)" (1909) selling for $42.6 million. The sale contributed to a running combined total of $839.6 million for Sotheby's marquee sales, following strong results from the Mnuchin collection and Contemporary Day Auction.

Metropolitan Museum und Neue Galerie in New York fusionieren

The Metropolitan Museum of Art and the Neue Galerie in New York are merging. Starting in 2028, the Neue Galerie will operate as a satellite of the Met, renamed "The Met Ronald S. Lauder Neue Galerie." Founded in 2001 by cosmetics entrepreneur and art collector Ronald Lauder, the Neue Galerie houses a renowned collection of German and Austrian art, including Gustav Klimt's "Adele Bloch-Bauer I." Met director Max Hollein announced the merger, which also includes a donation of 13 works from Lauder and his daughter Aerin, plus an endowment for ongoing operations.

TEFAF New York Opened to Crowded Aisles, Bullish Collectors, and Strong Booths

TEFAF New York opened at the Park Avenue Armory with unexpectedly strong crowds and a buoyant mood, defying the typical afternoon lull. Dealers reported heavy foot traffic and sustained conversations, with gallerist Sean Kelly calling it the best edition in years. The fair, running through May 19, features a mix of antiquities, design, modern, and contemporary art, with standout booths including Alison Jacques’s pairing of Dorothea Tanning, Robert Mapplethorpe, and Gordon Parks, and Sean Kelly Gallery’s display of works by Shahzia Sikander and Sam Moyer. The newly launched Pace Di Donna Schrader Galleries made its TEFAF debut with works by Eugène Delacroix, Willem de Kooning, and Alexander Calder.

Dutch Designer Iris van Herpen’s High-Tech Garments Are On View in a Mid-Career Retrospective at the Brooklyn Museum

The Brooklyn Museum is opening a mid-career retrospective titled “Iris van Herpen: Sculpting the Senses,” showcasing the Dutch designer’s high-tech garments. The exhibition features over a decade of van Herpen’s work, including the first 3D-printed garment sent down a runway in 2010, pieces worn by celebrities like Lady Gaga, Björk, and Beyoncé, and new collaborations such as an algae dress grown from living microorganisms. Organized by senior curator Matthew Yokobosky, the show originated at the Musée des Arts Décoratifs in Paris and has traveled internationally before arriving in Brooklyn, where it is augmented with objects from the museum’s collections in art, science, and natural history.

The Met and Neue Galerie Embark on Historic Merger

The Metropolitan Museum of Art and the Neue Galerie in New York have announced a historic merger set for 2028. The Met will acquire the Neue Galerie's Beaux-Arts mansion, renaming it the Met Ronald S. Lauder Neue Galerie (or Met Neue Galerie), while preserving its museum experience. The merger comes ahead of the Neue Galerie's 25th anniversary and its renovations from May to August 2026. Founder Ronald S. Lauder will remain involved, and the Met will supplement the Neue Galerie's programs, research, and digital initiatives. Major fundraising is underway, with the endowment target of $200 million already 80 percent met, supported by Lauder, his daughter Aerin Lauder Zinterhofer, and trustee Marina Kellen French.

A Vienna Theater Opens Its Prized Klimt Ceiling Paintings to Tours During Restoration

The Burgtheater in Vienna has opened guided tours allowing the public to view Gustav Klimt's ceiling paintings up close for the first time, during a restoration of the works. The 10 paintings, created in the late 1880s by Klimt, his brother Ernst, and Franz Matsch, hang 60 feet above the staircases and were recently cleaned with cotton swabs and purified water after water damage. The tours, which require sturdy footwear, are currently sold out due to high demand.

Filippo Lippi painting—once the centrepiece of Florence's Palazzo Medici Chapel—to undergo two-year restoration

The Staatliche Museen zu Berlin has announced a two-year restoration of Filippo Lippi’s 1459 painting *The Adoration in the Forest*, funded by the Ernst von Siemens Kunststiftung and the Schoof’schen Stiftung. The tempera-on-panel work, a centerpiece of the Palazzo Medici chapel in Florence, is now in the Gemäldegalerie’s collection. Conservators discovered that a 19th-century varnish layer is degrading the paint, causing it to lift off the panel, particularly affecting the Virgin’s blue cloak, skin, and gold leaf areas. The treatment aims to remove the varnish while stabilizing the paint layer, and may also reveal Lippi’s use of oil paint alongside egg tempera.

20 superb exhibitions to visit during the Ascension weekend in Paris

20 superbes expos à visiter pendant le week-end de l’Ascension à Paris

Beaux Arts Magazine has curated a list of 20 must-see exhibitions in Paris for the Ascension long weekend (May 14–17, 2026). Highlights include Hilma af Klint's first major French retrospective at the Grand Palais, a Lee Miller survey at the Musée d'Art moderne de Paris, an Alexander Calder show at the Fondation Louis Vuitton, a Matisse exhibition focusing on his late works at the Grand Palais, and a Giovanni Segantini display at the Musée Marmottan Monet. The article also offers recommendations for family-friendly outings, free exhibitions, and evening openings.

ArtReview April & May 2026 Issue Out Now

ArtReview's April & May 2026 issue explores boundaries and limitations in art, with a focus on the 61st Venice Biennale opening amid global conflicts. The cover features Japanese-American performance artist Ei Arakawa-Nash with his husband and twin babies, whose collaborative installation at the Japanese Pavilion incorporates the unpredictability of childcare. The issue includes coverage of controversial national pavilions (Russian, Israeli, American), profiles of artists representing Mongolia and Singapore, and features on Beverly Buchanan, Arthur Jafa, Richard Prince, and Zehra Doğan's report from Rojava. It also reviews the 82nd Whitney Biennial, the 25th Biennale of Sydney, and the 15th Shanghai Biennale.

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.

What the Met Gains from the Neue Galerie

Was das Met mit der Neuen Galerie gewinnt

The Neue Galerie, a private museum for German and Austrian art founded by billionaire collector Ronald S. Lauder, will be integrated into the Metropolitan Museum of Art (the Met) as an auxiliary branch under the new name "The Met Ronald S. Lauder Neue Galerie." The transition, announced by founding director Renée Price, is set to be completed by 2028, with the Met assuming full operational control after a planned renovation of the historic townhouse on Fifth Avenue. The merger follows years of Lauder's stewardship and ensures the long-term future of the collection, which includes masterpieces by Gustav Klimt, Egon Schiele, Wassily Kandinsky, and Max Beckmann.

Leonora Carrington’s Enigmatic Sculptures Get a Rare Outing in New York

L’Space Gallery in New York is presenting “Shape of Dreams: Sculptures by Leonora Carrington,” a rare exhibition focused on the British Mexican Surrealist’s bronze sculptures and jewelry, on view through June 27, 2026. Produced with Consigna Gallery of Mexico City and the Leonora Carrington Council, the show includes works such as *The Palmist* and *La Inventora del Atole*, alongside a selection by her son Pablo Weisz Carrington. An interactive Tarot Reading Booth, featuring a deck designed by Carrington and an A.I. reconstruction of her voice, anchors the exhibition.

Iris Van Herpen’s Groundbreaking Work Presented in New Exhibit at Brooklyn Museum

The Brooklyn Museum opens "Iris Van Herpen: Sculpting the Senses," a mid-career retrospective of the Dutch fashion designer known for pioneering 3D-printed garments. The exhibition, which originated at the Musée des Arts Décoratifs in Paris in 2023, features over a decade of van Herpen's work, including her first 3D-printed garment from 2010, pieces worn by celebrities like Lady Gaga, Björk, and Beyoncé, and new works such as an algae dress grown from 125 million living organisms. Organized by senior curator Matthew Yokobosky, the show spans eleven themes exploring van Herpen's fusion of traditional craftsmanship with technology, science, and nature.

The Best Art Exhibitions To Visit In Hong Kong This May

This article highlights three art exhibitions in Hong Kong for May 2026. 'Seeds of Wishes' at JPS Gallery features black-and-white and colorful drawings by thirteen-year-old artist Yat Long, created after his diagnosis with a life-threatening disease, with a related CASETiFY phone case collection. 'Dial-A-Poem Hong Kong' at M+ presents an interactive installation based on John Giorno's 1969 project, offering newly recorded poems in Cantonese, English, and Mandarin by thirty local poets. 'Fallen Angels' at Hauser & Wirth showcases Nicole Eisenman's paintings and sculptures exploring middle-class life, departing from her usual crowded scenes.

The Langmatt Museum in Baden Reopens Its Doors

Le Musée Langmatt de Baden rouvre ses portes

The Langmatt Museum in Baden, Switzerland, has reopened after a two-year, €21 million renovation of its Art Nouveau villa, which required urgent structural intervention. The project was co-financed by the city of Baden and the canton of Aargau, with the city contributing CHF 10 million. To secure the museum's endowment fund, the Langmatt Foundation controversially sold three Paul Cézanne masterpieces at Christie's New York in November 2023 for a total of CHF 40.32 million, sparking ethical debate in museum circles. The renovation covered all 75 rooms, including new fire protection, an elevator, accessibility upgrades, a glass pavilion, and restoration of the historic park, while preserving the villa's character.

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.

The art of chaos

The 61st Venice International Art Biennale has opened in Venice, running until November, amid unprecedented turmoil. The main exhibition, "In Minor Keys," was curated by Koyo Kouoh, who died of cancer shortly after presenting her vision featuring 111 artists including Carsten Höller, Alvaro Barrington, and Laurie Anderson. Her death has eliminated the Lifetime Achievement Award this year. Additionally, the Biennale faces a funding crisis as the EU threatens to withdraw its €2 million subsidy over Russia's participation with 38 artists following the invasion of Ukraine. Iran, Nigeria, and Israel are absent from their pavilions, while the US Pavilion, now organized by the American Arts Conservancy under inexperienced leadership, features self-taught artist Alma Allen.

The Frist Art Museum opens new exhibitions this summer

The Frist Art Museum in Nashville is opening three new exhibitions this summer. 'International Surrealism from Tate: Fifty Years of Dreams' (May 22–Aug. 30) features surrealist works from the Tate collection, including pieces by Salvador Dalí, René Magritte, and Joan Miró, marking 100 years since the first surrealist exhibition in Paris. 'Anila Quayyum Agha: Interwoven' (May 22–Aug. 30) is a mid-career retrospective of the Pakistani American artist's immersive light installations and beaded drawings. 'An Indigenous Present' (June 26–Sept. 27) showcases works by fifteen Indigenous artists, curated by artist Jeffrey Gibson and curator Jenelle Porter.

The Holy See Pavilion asks Venice Biennale Visitors to Slow Down and Listen, and Other News.

The Holy See's pavilion at the 61st Venice Biennale presents "The Ear is the Eye of the Soul," a multi-sensory exhibition centered on deep listening and inspired by Hildegard von Bingen, curated by Hans Ulrich Obrist and Ben Vickers with Soundwalk Collective, featuring new commissions by 24 artists including Patti Smith, Brian Eno, FKA twigs, and Dev Hynes across two Venetian sites. Separately, Chanel and the Solomon R. Guggenheim Foundation have launched the Chanel Culture Fund Fellowship, a transatlantic curatorial program for postgraduate scholars at the Guggenheim Museum in New York and the Peggy Guggenheim Collection in Venice. In other news, a father-daughter duo from New Jersey pleaded guilty to a $2 million counterfeit art scheme involving forged works attributed to Andy Warhol, Banksy, and others; Vienna's Burgtheater is offering guided scaffolding tours of Gustav Klimt's early ceiling paintings during restoration; and the sixth edition of the Head Hi Lamp Show opens in New York.