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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.

Artist Foundations’ Net Worth Has Nearly Tripled to $9 B., Led by Cy Twombly Foundation’s $1.5 B. in Art and Assets

New research from the Aspen Institute’s Artist-Endowed Foundation Initiative (AEFI) reveals that artist-endowed foundations in the U.S. now control roughly $9 billion in assets, nearly triple the $3.5 billion reported in 2011 and up 17% from $7.7 billion in 2018. The Cy Twombly Foundation leads with $1.5 billion in art and assets, followed by foundations for Alexander Calder, Joan Mitchell, Helen Frankenthaler, and Robert Rauschenberg, each holding over $500 million. The data, drawn from public tax forms, shows that just five of roughly 500 foundations account for more than half the total, with most established by postwar American artists born before 1931.

frieze new york 2025 preview

Frieze New York 2025 is set to take place at the Shed in Manhattan, bringing together over 65 contemporary art galleries from more than 25 countries. The fair coincides with major institutional shows at the Guggenheim, Whitney Museum, and the Metropolitan Museum of Art, as well as the recent reopening of the Frick Collection after a $220 million renovation. Notable galleries include Gagosian, Hauser & Wirth, Pace, and David Zwirner, alongside international dealers like Goodman Gallery and Kurimanzutto. The Focus section, curated by Lumi Tan, features 12 young galleries. On the eve of the fair, Frieze itself was sold by Endeavor to former CEO Ari Emanuel for a reported $200 million.

venus over manhattan closing adam lindemann

Adam Lindemann announces the closure of Venus Over Manhattan, the gallery he founded in 2012 after a career as a contemporary art collector and writer. The gallery opened with a show titled "À Rebours," inspired by a novel about a decadent aristocrat, and featured works by Warhol, Hammons, and others—a show that famously saw a Dalí stolen from the wall. Over its 14-year run, Venus Over Manhattan mounted exhibitions including a Maurizio Cattelan show during a market lull, a Calder installation with spotlights and fans, and a show mixing African masterpieces with works by Koons, Prince, and Hirst. Lindemann reflects on the challenges of opening a gallery against advice, the theft that made international news, and the quiet validation he received from artists like David Hammons.

phillips modern contemporary 2025 evening sale report

Phillips New York's modern and contemporary evening sale on Tuesday night generated $52 million, a 40 percent drop from the $86 million achieved in the same sale last year. The auction exactly met its pre-sale estimate, but five lots failed to sell and four were withdrawn. Despite the overall downturn, five new records were set for women artists, including Kiki Kogelnik, Ilana Savdie, Olga de Amaral, and Grace Hartigan. The top lot was Jean-Michel Basquiat's *Untitled* (1984) at $6.6 million, followed by works by Ed Ruscha and Donald Judd. Bidding was active for several works, with many going to US buyers, and a painting by Yu Nishimura, newly represented by David Zwirner, sold for more than double its estimate.

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.

15 museum shop gifts were loving

Artnet News has curated a selection of 15 unusual and art-themed gifts available at museum shops worldwide, ranging from a snake-embroidered brooch inspired by Cartier at the Victoria and Albert Museum in London to a 'Souls in Purgatory' magnet from the Morgan Library & Museum in New York, a traditional palm-leaf fan from Al Ain Museum in Abu Dhabi, a gilded sewing kit from the Neue Galerie in New York, and a CD of a Hanne Darboven composition from the Dia Art Foundation. Each item is presented with its price, source museum, and a brief explanation of its appeal, often tying back to specific exhibitions or artworks.

met revamp african and oceanic galleries

The Metropolitan Museum of Art has unveiled its renovated Michael C. Rockefeller Wing, featuring 1,800 objects from 663 cultures across Africa, Oceania, and the ancient Americas. The $70 million, 12-year project includes Fang masks, ceremonial dance paddles, and 15-foot funerary poles, with a multi-day celebration that featured a sunrise blessing. The wing, named after Nelson Rockefeller's son who disappeared in 1961, opened in 1982 and was revitalized as part of a master plan by Beyer Blinder Belle Architects.

emily fisher landau sothebys preview

Sotheby's will auction the collection of Emily Fisher Landau, a prominent Whitney Museum board member and avid art collector who died in March at age 102. The sale, comprising about 120 works from her estate, is led by Pablo Picasso's "Femme à la montre" (1932), estimated at over $120 million, alongside major pieces by Ed Ruscha, Jasper Johns, Cy Twombly, Mark Rothko, Andy Warhol, and Glenn Ligon. Fisher Landau amassed roughly 1,200 works over decades, displayed at her private Fisher Landau Center for Art from 1991 to 2017, and donated 417 works to the Whitney in 2010 alone.

An Audacious $724 Million Building Reinvents LACMA

The Los Angeles County Museum of Art (LACMA) has unveiled the David Geffen Galleries, a $724 million architectural feat designed by Peter Zumthor. This massive, horizontal structure spans over Wilshire Boulevard, replacing several older buildings with a single, elevated concrete form. The new space abandons traditional chronological and geographical silos in favor of rotating, thematic displays that integrate the museum’s diverse encyclopedic collections.

Pace Gallery Takes Representation of Brâncuși Estate Ahead of $100 M. Sculpture Coming to Auction

Pace Gallery has taken global representation of Constantin Brâncuși's estate, announced hours before a $100 million Brâncuși sculpture, Danaïde (1913), goes to auction at Christie's. The sculpture comes from the collection of S. I. Newhouse and is among the most expensive works in New York's marquee sales. The announcement coincides with a major retrospective of the artist, organized by the Centre Pompidou, currently at the Neue Nationalgalerie in Berlin and heading to the Museum of Modern Art in New York later this year.

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.

Never-Before-Seen Calder Sculpture Emerges on the Auction Block in Paris

A previously unknown sculpture by Alexander Calder, titled 'Stabile-mobile' (1974), will be auctioned by Oger – Blanchet at Hôtel Drouot in Paris on May 22. The small, kinetic work, estimated to sell for €80,000–€120,000, was a gift from the artist to an archivist at the French National Museum of Modern Art and has remained with her family for 50 years.

winter show

The Winter Show returns to New York's Park Avenue Armory from January 23 to February 1, 2026, blending blue-chip modernism with decorative arts, design, jewelry, and antiques. The fair features a special presentation titled 'Study of a Young Collector,' curated by Patrick Monahan in collaboration with executive director Helen Allen, which imagines the private study of a next-generation collector using works from 11 international dealers exhibiting for the first time. Notable highlights include Jonathan Boos's presentation of Christo and Jeanne-Claude's early work 'Wrapped Toy Horse' (1963), priced at $450,000, and a rare copper and gilt mask by Harlem Renaissance artist Sargent Claude Johnson from 1933, priced at $245,000. Boccara Gallery also showcases modern and contemporary tapestries by artists like Man Ray and Alexander Calder.

joan miro constellations 3 things to know

Spanish Surrealist Joan Miró created the "Constellations" series of 23 paintings on paper between January 1940 and September 1941, during the turmoil of the Spanish Civil War and World War II. Fleeing to Normandy and later Palma de Mallorca, Miró used oil and tempera on small sheets, producing joyful, abstract works filled with floating forms reminiscent of music and the cosmos. The series was shipped to New York in 1944 and exhibited in 1945 at Pierre Matisse's gallery, where it captivated exiled European artists and may have influenced Jackson Pollock's all-over drip painting style.

basquiat ruscha sothebys now contemporary art sale may 2025

Sotheby's three-part evening sale in New York on Thursday generated $186.1 million across 68 lots, landing near the high end of its $141 million to $204.9 million estimate. The sale included a focused 12-lot offering from the collection of late gallerist Barbara Gladstone, which sold all works without guarantees and totaled $18.5 million, and a 15-work guaranteed sale from dealer Daniella Luxembourg featuring postwar Italian artists, where Lucio Fontana's 'Concetto spaziale, La fine di Dio' (1963) achieved $14.5 million and Michelangelo Pistoletto's 'Maria Nuda' (1969) sold for $2.7 million after a five-minute bidding war.

bass house art auction christies

Christie's is offering nine artworks from the collection of Anne and Sid Bass as part of its Spring Marquee Week in May. The works, which include pieces by Mark Rothko, Agnes Martin, Frank Stella, Ellsworth Kelly, Morris Louis, and Gino Severini, were displayed in the Bass House in Fort Worth, Texas—a Modernist residence designed by architect Paul Rudolph in the early 1970s. The house was built to serve both as a home and a gallery for the couple's renowned art collection.

Our pick of the best museum and gallery shows to see in Chicago this spring

Chicago’s spring art season features a diverse array of exhibitions, highlighted by Dabin Ahn’s solo debut at Document, which explores memory and grief through fractured canvases and Korean ceramics. The Art Institute of Chicago is hosting a tribute to the late Lucas Samaras, showcasing his experimental Polaroid self-portraiture, while the Museum of Contemporary Art Chicago (MCA) launches an ambitious group show examining the political and cultural impact of dancehall and reggaetón.

yuko mohri sculptures sound venice biennale tanya bonakdar

Japanese artist Yuko Mohri has gained international acclaim for her kinetic, sound-based installations that utilize decaying organic matter and found objects to create unpredictable ecosystems. Her recent presentation at the 2024 Venice Biennale's Japanese Pavilion featured sculptures powered by the electrical currents of decomposing fruit and water systems that embraced the pavilion's porous architecture, even during torrential rain.

high line plinth tuan andrew nguyen buddha

Vietnamese American artist Tuan Andrew Nguyen has been selected for the next High Line Plinth commission in New York City. His 27-foot-tall sculpture, titled *The Light That Shines Through the Universe* (2026), will be installed for 18 months starting next spring. The work reimagines one of the Bamiyan Buddhas destroyed by the Taliban in Afghanistan in 2001, incorporating melted brass artillery shells and scrap metal from Afghanistan for the hands, which perform mudra poses of fearlessness and compassion. The sculpture will be fabricated in Vietnam from four sandstone parts and installed at night on the High Line.

palm beach art guide museums galleries and gardens

Palm Beach is emerging as a major art destination, bolstered by Miami's growing art scene. The article highlights key cultural attractions including the Norton Museum of Art, which underwent a Norman Foster-designed expansion in 2019 and features Dutch Golden Age masterworks from the Leiden Collection, as well as a growing contemporary collection. Other notable sites include the Flagler Museum (Whitehall), a Gilded Age mansion showcasing historic interiors and a private railcar, and the Bunker Artspace, a private museum founded by collector Beth Rudin DeWoody in a converted toy factory, displaying over 600 works from her collection.

how darren bader makes show amy winehouse weight machine

Darren Bader's first exhibition with Matthew Brown Gallery in New York, titled "Youth," features his signature conceptual works that blur the line between humor and philosophical inquiry. The show includes pieces like "jam on It," a mound of fruit spread placed on a Stephen King novel, and a bin soliciting sock donations, including a pair printed with Edgar Allan Poe's face and injected with Botox. Gallery director Jack Eisenberg describes the challenges of sourcing jam in New York, highlighting the absurd yet meticulous nature of Bader's practice.

5 latinx artists transforming everyday materials from cobijas to pinatas into statements on identity

Ballroom Marfa in Marfa, Texas, presents the exhibition “Los Encuentros,” on view through March 29, 2026, featuring five Latinx artists—Ozzie Juarez, Justin Favela, Antonio Lechuga, Narsiso Martinez, and Yvette Mayorga—who transform everyday materials like blankets (cobijas) and piñatas into works exploring Latinx identity. Curated by Maggie Adler, the show prioritizes local community engagement over the international art world, with works such as Juarez's "Coatzomaki" (2025) synthesizing LA street art and Aztec culture. The exhibition grew from Adler's existing relationships with the artists and her belief in working beyond institutional walls.

gladstone gallery celia paul art basel paris

Gladstone Gallery now represents British painter Celia Paul, known for her moody figurative works drawn from her life. Paintings by Paul are on view at Art Basel Paris this week, and the gallery plans a solo New York exhibition in 2026. Paul has long been represented by Victoria Miro in London but lacked a New York gallery presence since a 2015 show at Gallery Met. Her market has grown following a 2018 exhibition at the Yale Center for British Art and a recent profile in The New Yorker by Karl Ove Knausgaard. Her auction record was set in 2023 when Self-Portrait (2017) sold for $122,700 at Christie’s London.

gladstone gallery calder mobile fineberg collection art basel paris

Alexander Calder's market remains strong despite a broader art market downturn. Thirteen Calder works have sold for over $1 million at auction this year, all within or above estimates, led by Christie's sale of *Gypsophila* (1949) for $8.5 million. Next month, Gladstone Gallery will bring Calder's standing mobile *Caged Stone on Yellow Stalk* (ca. 1955) to Art Basel Paris, priced at $5.5 million, after it sold for $3.2 million at the Gerald Fineberg collection sale in 2023. This market resilience coincides with major institutional shows: the opening of Calder Gardens in Philadelphia and a Whitney Museum exhibition celebrating the centennial of Calder's *Circus* (1926–31).

gladstone gallery peter saul venus over manhattan

Gladstone Gallery has secured U.S. representation of Peter Saul, the 91-year-old painter known for his garish satirical canvases, and appointed Anna Christina Furney, formerly a partner at Venus Over Manhattan, as director. Saul will continue to be represented in the U.S. and UK by Michael Werner Gallery. Furney had represented Saul for 14 years at Venus Over Manhattan, which recently closed after founder Adam Lindemann announced he would shutter the gallery and return to being a collector.

30 portraits of queen elizabeth ii

On September 9, 2015, Queen Elizabeth II became the longest-reigning monarch in British history, surpassing Queen Victoria. To mark the occasion, the Royal Collection opened a photography exhibition titled “Long to Reign over Us,” featuring posed portraits and casual family shots of the Queen. Artnet News compiled 30 favorite photos and paintings of the monarch, including works by Cecil Beaton, Andy Warhol, and royal photographer Mark Stewart, highlighting her decades-long reign and her ease in front of the camera.

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.

thaddeus mosley new york wood sculptures

Thaddeus Mosley, a 98-year-old sculptor based in Pittsburgh, creates monumental wood sculptures that weigh hundreds of pounds and rise high into the air. Working alone in a cavernous studio, he carves cherry and walnut using gouges, comparing his process to judo. Despite his long career spanning seven decades, Mosley remained largely unknown outside Pittsburgh until recently. He has now gained wider recognition following his inclusion in the 2018 Carnegie International, and his work is currently featured in a major exhibition at New York's City Hall Park, where he shows giant bronze versions of his wood creations.

christies auction anne sid bass mark rothko paul rudolph

Christie’s will sell nine works from the Bass House, a Fort Worth, Texas home designed by architect Paul Rudolph for collectors Sid and Anne Bass, in its 20th century evening sale this May in New York. The group, with estimates totaling over $60 million, includes pieces by Mark Rothko, Alexander Calder, Ellsworth Kelly, Frank Stella, Agnes Martin, Gino Severini, and Morris Louis, with the top lot being Rothko’s *No. 4 (Two Dominants) [Orange, Plum, Black]* (1950–51) estimated at around $35 million. The works were carefully placed throughout the house, which was custom-built to prioritize art display, and most remained in their original positions after installation.