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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.

Christie’s $1.1 Billion Night Signals a Stunning Rebound for the Art Market

Christie’s achieved $1.1 billion in sales during a single evening auction on Monday, marking a dramatic rebound from the previous year when the three major New York auction houses combined sold that amount over the entire May season. The sale featured trophy works from the collections of S.I. Newhouse and Agnes Gund, with Jackson Pollock’s *Number 7A (1948)* selling for $181.2 million and Mark Rothko’s *No. 15 (Two Greens and Red Stripe)* fetching $98.4 million. Despite the strong overall results, seven of the 16 works in the Newhouse sale hammered below their low estimates, and Constantin Brancusi’s *Danaïde* failed to reach its $100 million estimate, indicating price resistance even for top-tier art.

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.

Christie’s Double-Header Totals $1.1 B., With Several Trophy Works Notching New Records

Christie’s held two evening sales on Monday—the S.I. Newhouse collection and a 20th-century art sale—that together generated $1.1 billion across 64 lots. The Newhouse tranche alone made $630.8 million, bringing the cumulative total of the collection to over $1 billion, making it likely the most expensive collection ever sold at auction after Paul Allen’s $1.7 billion blockbuster. Top lots included Jackson Pollock’s *Number 7A, 1948* at $181.2 million (the fourth most expensive painting ever sold at auction), Constantin Brâncuși’s *Danaïde* at $107.6 million, and a Mark Rothko work at $98.4 million.

Rare ‘Ocean Dream’ Diamond Sells for Record $17.3 Million at Christie’s

A rare 5.5-carat blue-green diamond known as the 'Ocean Dream' sold for $17.3 million at Christie’s Geneva jewelry sale, setting a record for a fancy vivid blue-green diamond at auction. The sale far exceeded its presale estimate of $9 million to $13 million after a 20-minute bidding battle. In other auction news, Sotheby’s New York sold over $433 million worth of art in its contemporary art sales, including 11 pieces from the Robert Mnuchin collection. Meanwhile, London’s Wellcome Collection agreed to return around 2,000 sacred Jain manuscripts to the Jain religious community under a new restitution framework, acknowledging they were acquired unethically. Several art fairs were announced, including Zero 10 curated by Trevor Paglen at Art Basel in Switzerland, CAN Art Fair Ibiza’s fifth edition, and Art-o-rama’s 20th edition in Marseille. Notable gallery news includes the bankruptcy and closure of French gallery Air de Paris after 36 years, and Carine Karam becoming director of Opera Gallery’s New York outpost. Hong Kong’s M+ and Paris’s Centre Pompidou announced a multi-year strategic alliance, and New York’s Frick Collection entered a three-year partnership with Louis Vuitton.

Frieze New York Kicks Off with Seven-Figure Sales and High Energy: ‘It’s a Fiesta’

Frieze New York kicked off its preview day at the Shed in Manhattan with strong sales and high energy, as many attendees arrived fresh from the Venice Biennale. Galleries reported brisk presales and early placements, with White Cube selling major works by El Anatsui and Antony Gormley for seven-figure sums, and other dealers like James Cohan Gallery nearly selling out their booths. Collectors, advisors, and celebrities including Anderson Cooper, Michael Stipe, and Leonardo DiCaprio were spotted, while the Brooklyn Museum made acquisitions through the new Sherman Family Foundation Acquisition Fund.

France Passes Landmark Restitution Law for Looted Art

France has passed a landmark restitution law for looted art, marking a significant shift in the country's approach to addressing Nazi-era confiscations and colonial-era acquisitions. The legislation establishes a legal framework for returning artworks and cultural objects to their rightful owners or heirs, streamlining a process that previously required case-by-case parliamentary approval. This law is expected to accelerate the return of thousands of items held in French museums and public collections.

The Marcel Duchamps That Got Away: On Collecting His Work and the Sprawling MoMA Show

The article recounts the author's personal experience as a collector who passed up the opportunity to buy a complete set of Marcel Duchamp's readymades at a 2002 Phillips de Pury and Luxembourg auction. The set, editioned by dealer Arturo Schwartz in 1964, included iconic works like *Fountain* and *Bicycle Wheel*, but the sale was a financial failure, with many pieces bought-in or selling for far below expectations. The author later acquired some of the unsold works privately. The piece is framed around the concurrent Duchamp exhibitions at the Museum of Modern Art and Gagosian.

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.

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.

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.

Bruno Bischofberger, Swiss Art Dealer and Early Backer of Basquiat, Dies at 86

Bruno Bischofberger, the influential Swiss art dealer, collector, and historian, died on Saturday at age 86. He opened his first galleries in Zurich and St. Moritz in 1963, championed American Pop artists like Andy Warhol and Roy Lichtenstein, and became an early backer of Jean-Michel Basquiat, representing him from 1982. Bischofberger also helped found Interview magazine with Peter Brant and was a longtime exhibitor at Art Basel.

Bruno Bischofberger, Art Dealer of Stars Like Andy Warhol and Jean-Michel Basquiat, Dies at 86

Bruno Bischofberger, the legendary Swiss art dealer who championed American artists like Andy Warhol and Jean-Michel Basquiat in Europe, has died at age 86. His Zurich-based gallery announced his death on Saturday. Bischofberger founded his eponymous gallery in 1963, which became one of Switzerland's most important blue-chip art spaces. He forged deep personal and professional relationships with artists, including acquiring a stake in Warhol's Interview magazine, producing Warhol's film L'amour, and famously proposing the collaborative paintings between Warhol and Basquiat in 1984. Bischofberger also maintained a decades-long tradition of placing advertisements on the back page of every Artforum issue.

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.

Shreg the green ogre, a grey obsessive and Vermeer’s boiled egg – the week in art

This week's art roundup from The Guardian highlights a range of exhibitions across the UK, including Bruce Asbestos's 'Bootleg Shreg 2' at Exeter Phoenix Gallery, a playful show featuring a green ogre that parodies copyright rules. Other notable shows include Roy Oxlade's primitive paintings at Alison Jacques, May Morris's craft legacy at Lady Lever Art Gallery, a 30-year anniversary group show at Timothy Taylor, and Alan Charlton's monochrome grey works at Annely Juda Fine Art. The article also features an image of a naturally sculpted rock on Kangaroo Island, a review of the Turner Prize nominees, and a masterwork analysis of Vermeer's 'The Guitar Player' at Kenwood House, which was stolen in the 1970s and recovered with the help of a clairvoyant.

Gallerist Bruno Bischofberger, Who Catalyzed Basquiat/Warhol Collaboration, Dies at 86

Swiss art dealer Bruno Bischofberger, who catalyzed the famous collaboration between Andy Warhol and Jean-Michel Basquiat, died on May 9 at age 86. His death was announced by his namesake gallery, which he had operated since 1963. Bischofberger played a pivotal role in introducing US Pop artists to Europe, representing Warhol and Basquiat, and commissioning collaborative works that led Warhol to return to painting after a two-decade hiatus. He also represented European artists like Francesco Clemente, Enzo Cucchi, Gerhard Richter, and Jean Tinguely, and his idiosyncratic ads graced Artforum's back cover for nearly four decades.

Nominees for the Turner Prize 2026 announced by Tate

Tate Britain has announced the four nominees for the 2026 Turner Prize: Simeon Barclay, Kira Freije, Marguerite Humeau, and Tanoa Sasraku. The shortlist was revealed during a press conference broadcast online. An exhibition of their work will open at the Middlesbrough Institute of Modern Art (Mima) on 26 September, with the winner announced on 10 December. The winner receives £25,000, while each runner-up gets £10,000. The jury, chaired by Tate Britain director Alex Farquharson, praised the diverse range of work spanning installation, performance, and sculpture.

Your Summer Guide: 20 Art World Highlights Not to Miss

ARTnews has published a summer guide highlighting 20 art world events and exhibitions not to miss in the coming months. Featured highlights include the opera 'El Último Sueño de Frida y Diego' at the Metropolitan Opera, the 'Costume Art' exhibition at the Metropolitan Museum of Art, a Björk show titled 'echolalia' at the National Gallery of Iceland, a book on the Venice Biennale by Massimiliano Gioni, Raven Halfmoon's 'Flags of Our Mothers' at Ballroom Marfa, a Pierre Huyghe exhibition at Fondation Beyeler Basel, a James McNeill Whistler retrospective at Tate Britain, and the inaugural Medina Triennial in New York.

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.

Pace Gallery Lands Brancusi Estate on Eve of Potential $100 Million Sale

Pace Gallery has secured global representation of the Constantin Brancusi Estate, announcing plans for a London exhibition this fall curated by art historian Jérôme Neutres. The news coincides with the auction of Brancusi's 1917 sculpture *Danaïde* at Christie's New York, estimated at $100 million, from the collection of late media mogul S.I. Newhouse. The estate was previously represented by Kasmin gallery, which closed last year. Pace's CEO Marc Glimcher emphasized the gallery's investment in modernist expertise and its ambition to become a market center for Brancusi works.

In a new home, Photo London gets down to business

Photo London opened its 2025 edition at a new venue, Olympia’s Grand Hall in West Kensington, on 13 May, moving from its previous decade-long home at Somerset House. Despite a hailstorm, the preview day saw lively sales: Paris-B Gallery sold three works for £100,000, including pieces by Yang Yongliang; In Camera sold both a vintage and modern print of Jane Everlyn Atwood's *Auto Portrait (Serpent)*; and Radius Publishing moved 40% of its stock by Thursday lunchtime. The fair runs until 17 May, with prices ranging from £100 to £400,000.

Wet Paint Does Frieze Week: The Dinosaur Dealer Downtown, David Zwirner Tribeca, and More Juicy Art-World Gossip

Artnet News' gossip column 'Wet Paint' covers the opening week of Frieze New York, beginning with the group show 'Statics of an Egg' at David Zwirner's newly renamed Tribeca gallery (formerly 52 Walker). Curated by Martin Germann, the exhibition features Japanese artists gathered by Yu Nishimura and Kenji Ide, with Nishimura's painting 'in waiting' highlighted. The column also reports on a private party at the River art-world hangout and a visit to Amanita gallery for 'A Land Before Time: Three Dinosaurs and a Gondola,' which includes a John Chamberlain sculpture. Notable attendees include artists Sasha Gordon, Olivia van Kuiken, Calvin Marcus, and Josh Smith, as well as dealers Marlene Zwirner and Matthew Brown.

Who Went to Venice Last Week? Jenny Saville, Glenn Lowry, Jewel, and Many Other Power Players

Artnet News reporter Katya Kazakina recounts her experience at the opening week of the 61st Venice Biennale, describing a whirlwind of art, parties, and chance encounters. Notable figures spotted include former MoMA director Glenn Lowry, singer-songwriter Jewel (who debuted her visual art show "Matriclysm: An Archaeology of Connections Lost"), and Japanese Nintendo heir and collector Banjo Yamauchi. High-profile events included Thaddaeus Ropac gallery's reception for Georg Baselitz's final paintings (priced up to $1.5 million) and François Pinault's annual party at Fondazione Giorgio Cini, attended by Selma Hayek, Lorna Simpson, and JR. The article also highlights the social dynamics of the biennale, where dealers, curators, and collectors network across historic palazzos and hotels.

Why Contemporary Artists Are Raiding the Renaissance Toolkit

Three contemporary artists—Alison Elizabeth Taylor, Michael Bühler-Rose, and Nick Doyle—are reviving the Renaissance woodworking techniques of intarsia and marquetry in their current exhibitions. Taylor is showing marquetry hybrid paintings at Jessica Silverman Gallery in San Francisco, Bühler-Rose is presenting a solo booth with Stems Gallery at Independent, and Doyle is also participating in the trend. Their work draws inspiration from the Gubbio Studiolo at the Metropolitan Museum of Art, a 15th-century trompe-l'œil room that exemplifies the decorative inlay tradition.

Artists v fascists, Khmer Rouge horrors, fab flowers and an eye-popping nude – the week in art

This week's art roundup from The Guardian features a major exhibition at Towner Eastbourne titled 'Comrades in Art: Artists Against Fascism,' which examines how artists, poets, and intellectuals used their work to resist the rise of extremism in 1930s Europe, drawing on the history of the Artists International Association (AIA). Other highlights include 'Hidden: Photography and Displacement Under the Khmer Rouge' at The Wiener Holocaust Library in London, a show of early Netherlandish drawings at the British Museum, Katharina Grosse's colorful installations at White Cube, and a flower-themed survey at Kettle's Yard. The image of the week is Sylvia Sleigh's 1963 portrait 'The Bridge (Johanna Lawrenson),' part of a new exhibition of the Welsh artist's work. The article also covers news items such as Lydia Ourahmane's Venice Biennale installation, a Holbein portrait mystery, a restored stained-glass window by Edward Burne-Jones and William Morris, and Anish Kapoor's call to exclude the US from the Venice Biennale due to 'politics of hate.'

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.

Remembering Pat Steir, one of the 20th century’s late-blooming great artists

Pat Steir, the acclaimed American painter known for her Waterfall series, died in Manhattan on 25 March at age 87. The article traces her career from early struggles as a freelance illustrator and art director, through her transformative encounter with Sol LeWitt in the early 1970s, to her eventual emergence as a major figure in contemporary painting. It highlights her teaching at CalArts and Parsons, her involvement with feminist and artist-run institutions like Heresies and Printed Matter, and the pivotal moment in the early 1980s when she cut up a reproduction of a Jan Brueghel the Elder flower painting into 64 panels, repainting each in a different historical style.

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.

A $15M De Kooning Leads Lévy Gorvy Dayan’s New Auction-Style Sales Experiment

Lévy Gorvy Dayan is launching LGD Hammer, a new live-bidding platform that blends private sales with auction dynamics. The inaugural sale on May 16 will feature a 1984 Willem de Kooning painting estimated at $10–15 million, led by co-founder Brett Gorvy, a former auction veteran. The article also reports on gallery closures (Stephen Friedman Gallery, Galerie Philipp Zollinger, Astor Gallery), artist moves (Zoe Leonard to Maxwell Graham, Kehinde Wiley among creditors), and Sotheby’s upcoming single-owner sale of Joe Lewis’s collection expected to exceed $200 million.

The Venice Biennale’s Polite Fiction of Being ‘Above the Market’ Is Wearing Thin

The 61st Venice Biennale is underway, with art world figures flocking to Venice for the opening. While the Biennale is officially a non-selling curatorial platform, commercial interests are increasingly visible: galleries are funding artists' projects to recoup investments, auction houses like Christie's are hosting private selling exhibitions (including a 'Ghost Pavilion' at the Ca' Dario Palazzo), and fashion houses such as Bottega Veneta and Chanel are sponsoring events. Sotheby's has pulled support for the U.S. Pavilion, which is now crowdfunding, while Frieze is bankrolling the British Pavilion for a second time.