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.

Mark Rothko Painting Agnes Gund Hung in Her Living Room Sells for $98 M., Setting a Record

A Mark Rothko painting, *No. 15 (Two Greens and Red Stripe)* (1964), formerly owned by prominent art patron and Museum of Modern Art president emerita Agnes Gund, sold at Christie’s on Monday night for $98.4 million (including fees). The work, which Gund purchased directly from Rothko in 1967 and kept in her living room until her death last September, received about a dozen bids before hammering at $85 million to a buyer represented by Christie’s specialist Rachael White Young. The sale broke Rothko’s previous auction record of $86.9 million set in 2012 for *Orange, Red, Yellow* (1961), also at Christie’s New York.

Consignors Revealed: The Mystery Sellers Behind the $1.8 Billion May Auctions

Sotheby's kicked off the May auction season with a $433 million sale, including an 11-lot group from the estate of late dealer Bob Mnuchin, led by an $86 million Mark Rothko painting. The three major auction houses are offering $1.8 billion worth of art by low estimate, a 50% increase from last year, driven by consignments from estates of key figures like Mnuchin, philanthropist Agnes Gund, and dealer Marian Goodman. Christie's will stage a sale from publisher S.I. Newhouse's collection expected to bring $450 million, potentially setting records for Jackson Pollock and Constantin Brancusi. The article reveals that many top sellers are anonymous, but unmasked names include the Dennison family and French collector John Sayegh-Belchatowski.

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.

Thousands Decry Right-Wing “Smear Campaign” Against Misan Harriman

Over 97,000 people have filed complaints with the UK's Independent Press Standards Organisation against right-wing news outlets, including the Telegraph, for articles characterizing Misan Harriman's social media posts as antisemitic. Harriman, a photographer, human rights activist, and chair of London's Southbank Centre, has rejected the accusations, stating he has long championed marginalized communities and that the backlash stems from his criticism of Israel's actions in Gaza. An open letter supporting Harriman has been signed by 245 figures, including Tracey Emin, Greta Thunberg, and Mark Ruffalo, while the Telegraph published two articles scrutinizing his Instagram activity, prompting calls from Labour MP David Taylor for his removal from the board.

John Chamberlain’s Former Studio Hosts a Star-Studded New Interview Series

The John Chamberlain Estate is launching "ON THE COUCH," a biweekly filmed interview series hosted by estate director Alexandra Fairweather, timed to what would have been the sculptor's 100th birthday. Season one features eight cultural figures including artist Daniel Arsham, architect Annabelle Selldorf, fashion designer Alexander Wang, interior designer Sasha Bikoff, entrepreneur Jon Gray, and painter David Salle. Episodes will be filmed at Chamberlain's former studio on Shelter Island, now a private museum, with guests seated on his iconic foam couches. The series launches May 19 across major streaming platforms.

Art Dubai’s 20th edition rallies its local art community amid regional tensions.

Art Dubai, the UAE's premier art fair, opened its 20th edition as a scaled-down "Special Edition" from May 14–17 at Madinat Jumeirah, after being postponed due to the Iran–Israel war. For the first time, entry was free, and the lineup was pared to 50 galleries, most from the region, including Abu Dhabi, Beirut, Jeddah, Ramallah, and Dubai.

A $433 Million Boost for the Market

Sotheby's May 2026 auctions in New York generated $433.1 million in sales over under three hours, a 132.7 percent increase compared to the same period last spring, despite offering fewer lots. This strong performance signals a top-heavy recovery in the art market after three years of contraction. Separately, the Neue Galerie will merge with the Metropolitan Museum of Art in 2028, and Art Dubai continues despite disruptions from the U.S.-Iran war.

Funding for Ballroom Security Shot Down by Senate Authority, Art Dubai Stages Scaled-Back Edition Delayed by War, and More: Morning Links for May 18, 2026

France's minister of culture has announced the winners of an architecture competition to renovate the Louvre and build a new room for the Mona Lisa. The winning firms are STUDIOS Architecture (founded in San Francisco, now Paris-based) and New York's Selldorf Architects, with BASE handling landscaping. The project, called Louvre Nouvelle Renaissance, was delayed due to criticism over cost and necessity following the October theft of France's crown jewels from the museum. Louvre president Christophe Leribault and the culture minister have refocused the renovation on upgrading security and preserving the aging structure, with a budget of €1 billion ($1.16 billion) and construction set to begin by 2028.

Christie’s S. I. Newhouse Sale Totals $630.8 M., Bringing Cumulative Total to $1 B.

Christie’s evening auction of 16 works from media magnate S.I. Newhouse’s collection totaled $630.8 million with fees, setting multiple records. The top lot was Jackson Pollock’s *Number 7A, 1948*, which sold for $181.2 million after a 10-minute bidding war, more than doubling Pollock’s previous auction record. Other highlights included Constantin Brâncuși’s *Danaïde* (ca. 1913), which set a new record for the artist at an undisclosed price above $82 million, and strong results for works by Joan Miró, Jasper Johns, and Pablo Picasso.

S.I. Newhouse’s Brâncuși Sells at Christie’s for Record-Breaking $107.6 M.

A Constantin Brâncuși sculpture titled *Danaïde* (1913), formerly owned by media magnate and top art collector S.I. Newhouse, sold at Christie’s on Monday night for a hammer price of $93 million, totaling $107.6 million with fees. This set a new auction record for the modernist sculptor, surpassing the previous record of $71.2 million set by another Brâncuși work in 2018. The bronze head with gold leaf and black patina attracted half a dozen bids before selling to a client represented by Maria Los, deputy chairman of client advisory Americas. The work was one of six bronze casts, the only gilded example still in private hands, and had notable provenance, having been purchased by Eugene and Agnes Meyer at Brâncuși’s first solo exhibition in 1914.

Tate Britain previews new garden at RHS Chelsea Flower Show

Tate Britain is previewing its new garden at the 2026 RHS Chelsea Flower Show, offering a sneak peek of the forthcoming Clore Garden designed by Tom Stuart-Smith and scheduled for completion in 2027. The show garden features Barbara Hepworth's 1949 sculpture *Bicentric Form*, the first work Tate acquired by the artist, alongside Mediterranean plants adapted to London's warming climate, a wildlife pond, and recycled materials from the Millbank site. After the show, the garden will be relocated to Tate Britain.

Let’s dress like a Mark Rothko! How gen Z fell for the king of colour field paintings

Mark Rothko, the abstract expressionist known for his color field paintings, is experiencing a cultural resurgence among Generation Z on social media platforms like TikTok and Instagram. Videos inspired by his work amass hundreds of thousands of views, with creators styling outfits based on his canvases, assigning his paintings to personality archetypes, and comparing his palettes to dream pop bands like the Cocteau Twins. The Rothko Chapel in Houston, Texas, has also seen a wave of curious young visitors drawn to the meditative, confrontational experience of his art.

A Contemporary Art Haven Just a PATH Ride Away

Luis Emilio Romero, a Jersey City native, moved from Bushwick to the Monira Foundation's residency at Mana Contemporary in Jersey City, where he now paints intricate, textile-influenced patterns in a calm basement studio. Mana Contemporary, a 2 million-square-foot former tobacco warehouse converted in 2011 by Moishe Mana, Eugene Lemay, and Yigal Ozeri, hosted its Spring Open Studios on May 17, with over one-third of its 300 artists participating—the largest turnout in years. The event featured installations by TLaloC, sculptures by John Chamberlain, and an exhibition of artist books, "Open Book(s): Observations," presented by Pierogi Gallery, Mana, and the Monira Foundation. Pierogi co-owners Joe Amrhein and Susan Swenson also brought their Flat Files containing nearly 4,000 works to Mana for six months to a year.

Review. VARIOUS OTHERS 2026

The 2026 edition of VARIOUS OTHERS in Munich featured a tightly curated program of exhibitions across participating galleries, institutions, and artist-run spaces. For the first time, the event awarded the "VARIOUS OTHERS Prize" (VO Award) to both a gallery and an off-space: Gallery Sperling and space n.n. won for their respective exhibitions. Notable presentations included solo shows by Paola Siri Renard at nouveaux deuxdeux, Milena Muzquiz at Galerie Rüdiger Schöttle, and a dual exhibition at Knust Kunz Gallery Editions featuring Robert Motherwell and Merce Cunningham. Museum Brandhorst also opened the "Carrying" project with works by international artists.

Our Highlights From Frieze New York 2026

Frieze New York 2026 took place from May 13 to 17 at The Shed in Manhattan, featuring nearly 70 galleries. Highlights included Cindy Sherman’s new photographs at Hauser & Wirth (many sold on preview day, with Leonardo DiCaprio visiting), the Focus section curated by Lumi Tan and sponsored by Stone Island, and the Frame section where Diedrick Brackens’ woven works were acquired by the Brooklyn Museum. Frieze Sculpture at Rockefeller Center, curated by Brett Littman, showcased 14 international artists including Nick Cave and Hank Willis Thomas. Mapuche artist Seba Calfuqueo won the Focus Stand Prize for hair-centered works exploring feminism and indigenous heritage.

FAD News: Major museum acquisitions and strong sales drive Frieze New York 2026

Frieze New York closed its 15th edition at The Shed with strong sales, major museum acquisitions, and 25,000 visitors from 75 countries. The fair featured 68 galleries from 26 countries and launched the inaugural Sherman Family Foundation Acquisition Fund, enabling the Brooklyn Museum and Baltimore Museum of Art to acquire works by Bettina from Ulrik, Reika Takebayashi, Seba Calfuqueo, and Joanne Burke. Notable sales included El Anatsui works for $2.2 million and $1.9 million at White Cube, a Georg Baselitz painting for €1.4 million at Thaddaeus Ropac, and a James Turrell light work in the $900,000–$1 million range at Almine Rech. Latin American representation grew to 14 galleries, and the Focus section curated by Lumi Tan drew strong institutional attention.

Turin's new art gallery is an apartment where works are displayed in the kitchen, bathroom, and bedroom

La nuova galleria d’arte di Torino è un appartamento dove le opere si espongono in cucina, bagno e camera da letto

The Italian branch of Paris-based gallery CiacciaLevi is relocating from Milan to Turin in September 2026, opening a new space that is an apartment where artworks will be displayed in the kitchen, bathroom, and bedroom. Founders Antoine Levi and Nerina Ciaccia, who first met and began their careers in Turin between 2005 and 2010, describe the move as both a professional and personal life choice, deepening their ties to the city where they previously worked with Galleria Franco Noero and a.titolo.

$181.2 Million Pollock, $107.6 Brancusi Million Sell at Christie’s, as Records Fall

Christie's New York auctioned 16 works from the collection of late media magnate S.I. Newhouse for a total of $630.8 million, far exceeding the $450 million estimate. The top lot was Jackson Pollock's "Number 7A" (1948), which sold for $181.2 million, setting a new auction record for the Abstract Expressionist and making him the latest artist to join the $100 million club. Minutes earlier, Constantin Brancusi's bronze sculpture "Danaïde" (1913) achieved $107.6 million, also a record for the Romanian modernist and the second-highest price ever for a sculpture at auction.

Who’s That Nude Figure on a Washing Machine Outside the New Museum?

British artist Sarah Lucas has unveiled a new public sculpture titled "VENUS VICTORIA" (2026) at the New Museum's entrance plaza on the Bowery in Lower Manhattan. The work, which will remain on view for two years, features a monumental nude female figure with flailing arms and large pink breasts perched atop a dusty washing machine, wearing bright yellow high heels. Lucas adapted the figure from her ongoing "Bunnies" series (1997–present), which uses knotted pantyhose and found objects. The sculpture was unveiled on May 12, 2026, inaugurating a decade-long series of public commissions by women artists at the museum.

Rothko Sells for $85.8 Million, Almost Surpasses Auction Record

Sotheby’s New York sold Mark Rothko’s painting *Brown and Blacks in Reds* (1957) for $85.8 million on Thursday, making it the second-highest price ever achieved for the artist at auction. The work, part of Rothko’s postwar Color Field series, was offered from the private collection of the late art dealer Robert Mnuchin, whose estate also included works by Willem de Kooning. The Mnuchin sale totaled $166.3 million, with de Kooning’s *Untitled* (1970) fetching $8.8 million and *Untitled XLII* (1983) reaching $10.2 million. Bidding lasted about four minutes, with the winning bid placed via phone with Helena Newman, chairman of Sotheby’s Europe.

Le Louvre choisit son entrée côté colonnade

Le Louvre has selected a joint proposal by Studios Architecture Paris and Selldorf Architects for its new entrance via the Perrault colonnade, part of the 'Louvre Nouvelle Renaissance' plan. The project, announced by Emmanuel Macron on January 28, 2025, aims to create a new eastern access to relieve overcrowding at the Pyramid, with two underground entrances, vegetated moats, new services, and a dedicated space for the Mona Lisa. The selection was announced by Culture Minister Catherine Pégard on May 18, despite controversies over funding, heritage constraints, a theft in the Galerie d'Apollon on October 19, 2025, and the departure of museum president Laurence des Cars.

Bright future for the next generation of artistic talent

Hong Kong Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui visited Venice to support the Hong Kong Collateral Event at the 61st Venice Biennale, themed “Fermata: Hong Kong in Venice.” The exhibition features artists Kingsley Ng and Angel Hui, with five installations exploring poetic rhythms in everyday life, curated by the Hong Kong Museum of Art (HKMoA). Law also viewed American artist Nick Cave’s sculpture *Amalga (Plot)* and announced the Venice Biennale Internship Programme 2026, which will send six arts-background interns to Venice for a six-week residency.

Major Exhibition Surveys 60 Years of Chicano Art Across the United States

The Cheech Marin Center for Chicano Art & Culture in Riverside, California, has opened a major exhibition titled "We the People: Chicano Art in the U.S.A.," surveying 60 years of Chicano art across the United States. Organized by artist and curator Benito Huerta, the show features 126 works by 61 artists drawn from the collection of Cheech Marin, the museum's permanent holdings, recent acquisitions, and artist loans. The exhibition spans painting, sculpture, installation, printmaking, and mixed media, including works by historic collectives like Los Four and Con Safo alongside contemporary artists, exploring themes of migration, labor, cultural memory, identity, and everyday life.

Architects Behind Frick Renovation Tapped for Louvre’s ‘New Renaissance’

The French government has selected STUDIOS Architecture to lead a major renovation of the Louvre Museum in Paris, including new galleries and a second entrance. The project, called the 'New Louvre Renaissance,' was announced by President Emmanuel Macron in early 2025 but stalled after a jewel heist and staff strikes led to the resignation of former Louvre president Laurence des Cars, who was succeeded by Christophe Leribault. The $778 million plan aims to ease overcrowding at the museum, which hosts 9 million visitors annually, and includes a dedicated 33,000-square-foot gallery for the Mona Lisa.

Palate Cleansers at Frieze NY

Hyperallergic's coverage of Frieze New York and concurrent art fairs in the city frames the experience as overwhelming yet punctuated by standout works. Senior Editor Valentina Di Liscia compares the fair to an assembly-line salad, finding reprieve in art that evokes lush canopies, diaphanous portraiture, and ancestral gardens. The issue also includes dispatches from Future Fair, 1-54, TEFAF, NADA, and Independent Art Fair, alongside a tribute to Austrian performance artist Valie Export, who died at age 85, remembered for her radical feminist guerrilla performances that challenged the male gaze.

Giuli Buys Everything! The Ministry of Culture Also Wants to Take Over Rome's Teatro delle Vittorie and Venice's Palazzo Labia?

Giuli compra tutto! Il Ministero della Cultura vuole prendersi anche Il Teatro delle Vittorie di Roma e Palazzo Labia a Venezia?

Italian Minister of Culture Alessandro Giuli is pursuing an aggressive acquisition campaign for cultural properties. After high-profile purchases including Antonello da Messina's *Ecce Homo* and Caravaggio's *Portrait of Monsignor Maffeo Barberini* (€30 million), the Ministry has now expressed interest in acquiring Rome's Teatro delle Vittorie and Venice's Palazzo Labia—both part of a real estate portfolio being sold by state broadcaster Rai. The Ministry also recently bought Verona's historic Cinema Astra (with a €7.5 million restoration plan) and Naples' Teatro Sannazzaro after a fire.

Linda Lach, Diane Severin Nguyen at Gunia Nowik Gallery

Gunia Nowik Gallery in Warsaw presents a two-person exhibition featuring artists Linda Lach and Diane Severin Nguyen, running from April 10 to May 23, 2026. The show is organized in collaboration with Galerie Molitor and includes a bilingual guide in English and Polish. Documentation of the exhibition comprises 18 images, photographed by Katarzyna Legendź.

Sotheby’s Summer Sale Gathers $433.1M, Thanks To Rothko Painting

Sotheby’s summer contemporary auction in New York raised $433.1 million, far exceeding the $186.1 million from its comparable sale last year. The highlight was the $85.8 million sale of Mark Rothko’s *Brown and Blacks in Reds* (1957) from the estate of late dealer Robert Mnuchin and his wife Adriana, whose 11 blue-chip works fetched $166.3 million against a $130 million estimate. Other top lots included Jean-Michel Basquiat’s *Museum Security (Broadway Meltdown)* at $52.7 million and Willem de Kooning’s *Untitled III* at $26 million.

This is fucking Disneyland

"Das ist fucking Disneyland"

The article surveys recent German cultural commentary, highlighting three main stories: art historian Bénédicte Savoy's warning in the FAZ about the physical decay of German universities, particularly the Technical University of Berlin, as a threat to democratic culture; Berlin artist Charlie Stein's essay on anxiety as a pervasive contemporary condition and art's role in making it visible; and critic Rachel Wetzler's harsh review of the Venice Biennale in Artforum, calling it an overwhelming 'theme park' version of the art world. Additionally, Nikolaus Bernau defends expert juries in the Tagesspiegel, using the Biennale's jury crisis as a case study.