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.

A Delayed Art Dubai Opens With Fewer Galleries—but Buyers Abound

Art Dubai opened its 20th edition at Madinat Jumeirah with a significantly reduced number of exhibitors—50 largely regional galleries, down from the originally expected 120—after being delayed from mid-April due to geopolitical tensions following the U.S.-Iran ceasefire on April 8. The fair, which offered free entry for the first time and refunded booth costs for participating galleries, saw strong attendance from Gulf and Middle Eastern collectors, with an upbeat mood and a more intimate atmosphere reminiscent of pre-Covid editions. Galleries from Lebanon and other conflict-affected regions were present, emphasizing art as a form of resilience and cultural identity.

What ‘Costume Art’ Gets Wrong About the Body

The Metropolitan Museum of Art's Costume Institute spring exhibition, featuring nearly 400 objects, pairs garments and ensembles with Western figurative artworks from the museum's permanent collection in dyadic, associative displays. The show eschews traditional art-historical timelines and context in favor of visual and thematic parallels—comparing, for example, Rudi Gernreich's Pubikini with an Egyptian statuette, or Ying Gao's sound-responsive dress with a David Hockney drawing. The exhibition is sponsored by Jeff and Lauren Sánchez Bezos.

Marian Goodman’s $35.1 M. Richter ‘Candle’ Leads Christie’s Tepid $162.7 M. Trio of Postwar and Contemporary Sales

Christie’s New York held a trio of postwar and contemporary art evening sales on Wednesday night, totaling $162.7 million with fees, just meeting expectations. The auction was led by a Gerhard Richter painting, *Kerze (Candle)*, which sold for $35.1 million, and featured a collection of eight Richter works from the estate of revered dealer Marian Goodman, which collectively hammered at $66 million. Other highlights included a Donald Judd stack from the estate of collector Henry S. McNeil, selling for $12.8 million, and a Richter *Mohn (Poppy)* that achieved $20.1 million. Only one lot, an Ed Ruscha canvas, failed to sell.

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.

Frieze New York 2026 Reports Major Sales and Acquisitions

Frieze New York 2026 closed its 15th edition at The Shed on May 17, drawing 25,000 visitors from 75 countries and featuring 68 galleries from 26 countries. The fair reported strong sales across market levels, including seven-figure transactions such as El Anatsui's *LuwVor I* sold by White Cube for $2.2 million and Georg Baselitz's *Stunde der Nachtigall* sold by Thaddaeus Ropac for €1.4 million. The inaugural Sherman Family Foundation Acquisition Fund enabled acquisitions by the Brooklyn Museum and the Baltimore Museum of Art, with works by Bettina, Reika Takebayashi, Seba Calfuqueo, and Joanne Burke. Several galleries, including Johyun Gallery and James Cohan, reported sold-out or near-sell-out booths.

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.

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.

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.

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.

In Giverny, Monet does not benefit everyone

À Giverny, Monet ne profite pas à tout le monde

The article examines the economic paradox of Giverny, the French village where Claude Monet lived and painted. While Monet's gardens attract nearly one million visitors annually—with ticket sales estimated at €9-10 million—the village itself, with a population of just 430 and an annual budget of €600,000, sees almost none of that revenue. Visitors flood in for half-day trips, queue for hours to see the gardens, and leave by evening, spending little in local shops. The gardens, run by the Académie des beaux-arts, are tax-exempt and operate as a closed economic loop, with their boutique and restaurant generating income that stays within the institution.

Photographer and Activist Claudia Andujar, Known for Documenting Yanomami People of Brazil, Is the Subject of a New Biopic

A new biopic titled *The Outsider (A Estrangeira)* will tell the story of photographer and activist Claudia Andujar, known for documenting the Yanomami people of Brazil. The film is written and directed by Sandra Delgado, produced by São Paulo’s Maria Farinha Filmes, and stars Inga Ibsdotter Lilleaas in the lead role, with Wagner Moura as an executive producer and cast member. The project is based on two decades of research and focuses on Andujar’s journey from Holocaust survivor to Brazilian artist who used photography to resist the military dictatorship’s destruction of Yanomami land in the 1970s.

Basquiat’s 'Museum Security' leads Sotheby’s New York contemporary evening sale at US$52.7m

Jean-Michel Basquiat's 1983 painting 'Museum Security (Broadway Meltdown)' sold for US$52.7 million at Sotheby's Now and Contemporary Evening Auction in New York, becoming the fifth-most expensive Basquiat ever auctioned. The work, estimated at over US$45 million and backed by an irrevocable bid, hammered at US$45.3 million to a telephone bidder represented by Sotheby's Lucius Elliott. The auction totaled US$266.8 million with fees, selling 40 of 44 lots, and combined with the preceding Robert Mnuchin collection sale—led by Mark Rothko's 'Brown and Blacks in Reds' at US$85.8 million—the evening brought in US$433.1 million.

If fashion is art, why doesn’t CNZ fund it?

Creative New Zealand (CNZ) explicitly states on its website that it does not fund fashion design, classifying it as primarily part of the commercial creative industries. The article highlights the contradiction that while major institutions like The Dowse Art Museum, Auckland Art Gallery, and World of WearableArt treat fashion as art, CNZ denies funding to fashion designers, with rare exceptions for non-commercial, cross-cultural, or collaborative projects. Fashion designer Doris de Pont, founder of The New Zealand Fashion Museum, notes that even when her trust received CNZ support, it was for the art connection, not the fashion itself.

Going Out: Top 20+ arts & nightlife events, May 21-29

The Bay Area Reporter has published a curated list of over 20 arts and nightlife events taking place from May 21 to May 29. The article serves as a local guide, highlighting a range of cultural activities including visual art exhibitions, performances, and nightlife gatherings in the San Francisco Bay Area.

Fold in these exhibitions during festival season

Spoleto Festival USA and Piccolo Spoleto begin on May 22, and the article highlights a curated selection of visual art exhibitions in Charleston to enjoy alongside the festival's performances. Featured venues include Robert Lange Studios, Corrigan Gallery, Stevenson and Co., Atrium Gallery, Meyer Vogl, Duckworth Gallery, and the Gibbes Museum of Art, which opens "Mary Whyte: Salt of the Earth" and continues "Rodin: All the Truth in Nature." The College of Charleston's Halsey Institute of Contemporary Art, under new director Michael Dickins, presents "Make Room" by In Kyoung Chun and another exhibition through July 25.

Is the art market slump over?

Ist die Flaute im Kunstmarkt vorbei?

The New York spring auctions saw explosive top prices, with Jackson Pollock's drip painting "Number 7A" (1948) selling for $181.2 million at Christie's, making it the fourth most expensive artwork ever auctioned. Christie's evening sales alone generated $1.1 billion, including $630.8 million from 16 works from the S.I. Newhouse collection. Sotheby's opened the season with a Mark Rothko from the estate of dealer Robert Mnuchin, achieving $85.8 million, while Phillips sold all 40 lots for $115 million, double the previous year. Younger artists like Joseph Yaeger also saw prices far exceed estimates.

1,1 milliard de dollars

The Journal des Arts' issue No. 677, dated May 15, 2026, leads with the opening of the Venice Biennale amid a tense climate. Other top stories include the final adoption of a French law on the restitution of cultural property looted during colonization, the V&A East museum's strategy to attract younger audiences, a report on how Monet's legacy in Giverny does not benefit everyone locally, and an analysis of the structuring market for the Nabis artists.

Le coup d’envoi des ventes de New York

Le Journal des Arts' issue n°677 (May 15, 2026) leads with the opening of the Venice Biennale amid a tense climate. Other top stories include the final adoption of a French law on the restitution of cultural property looted during colonization, the V&A East museum's strategy to attract younger audiences, a report on how Monet's legacy in Giverny does not benefit everyone locally, and an analysis of the structuring market for works by the Nabis artists.

What will the future Louvre museum look like? The architects of the century's construction site have been chosen

À quoi ressemblera le futur musée du Louvre ? Les architectes du chantier du siècle désignés

On May 18, the French Ministry of Culture announced the winner of the international competition for the 'Louvre Nouvelle Renaissance' plan, championed by President Emmanuel Macron in January 2025. The winning consortium, led by Studios Architecture Paris and Selldorf Architects with landscape firm Base, will design a major renovation of the Louvre. The project includes a new entrance on the east side near Saint-Germain-l’Auxerrois to relieve congestion at the pyramid, a belvedere overlooking vegetated moats, and a new 3,000-square-meter gallery dedicated to the Mona Lisa. Construction is not expected to begin before 2028.

98,000 People Rush to Defense of Arts Trustee Misan Harriman in Wake of Antisemitism Accusations

More than 98,000 people have filed complaints with the UK Independent Press Standards Organisation (IPSO) in defense of British-Nigerian arts trustee Misan Harriman, following accusations of antisemitism leveled against him by right-wing outlets including the Daily Mail and the Telegraph. The complaints mark the highest number ever submitted to IPSO over a single issue. Separately, an open letter signed by activist Greta Thunberg and artists Tracey Emin and Peter Doig condemns what they call a "dishonest smear campaign" targeting Harriman, who is an Oscar-nominated photographer, chair of the Southbank Centre, and a nominee for Amnesty UK’s People’s Human Rights Champion.

Rene Matić wins 2026 Deutsche Börse Photography Foundation Prize

Rene Matić has won the 2026 Deutsche Börse Photography Foundation Prize, becoming the first British winner in over a decade. The announcement was made at The Photographers’ Gallery in London on May 14, 2025, where Matić received £30,000 for their exhibition *AS OPPOSED TO THE TRUTH*, which uses photography, installation, and sound to explore identity and belonging. Matić was nominated for the show at the Center for Contemporary Arts Berlin (CCA Berlin) and is also a recent Turner Prize nominee. The prize exhibition runs at The Photographers’ Gallery until June 7, alongside works by fellow shortlisted artists Jane Evelyn Atwood, Weronika Gęsicka, and Amak Mahmoodian.

Mounting Rene Matić’s snapshots in Perspex isn’t really enough to make them interesting | Charlotte Jansen

Rene Matić, at 29, became the youngest winner of the £30,000 Deutsche Börse Photography Foundation prize, nominated for their solo exhibition "As Opposed to the Truth" at CCA Berlin. A smaller version of that show is now at the Photographers’ Gallery in London. Matić was also the youngest Turner Prize nominee last year. The article critiques Matić's work, praising their 2022 piece "Upon This Rock" for exploring masculinity, fatherhood, and British identity, but dismissing much of their other output—like the snapshot installation "Feelings Wheel"—as immature, mediocre, and reliant on display gimmicks rather than photographic substance.

The Black American Artists Who Dazzled Post-War Paris

An exhibition titled "Paris in Black: Internationalism and the Black Renaissance" at the DuSable Black History Museum and Education Center in Chicago celebrates the Black American artists, writers, and performers who moved to Paris after World War II to escape American racism. Curated by Danny Dunson, the show features over 100 artworks from the museum's permanent collection, including paintings by Archibald J. Motley Jr., sculptures by Richmond Barthé, Augusta Savage, and William Artis, and ephemera related to Josephine Baker. It traces the global influence of the Harlem Renaissance and the cross-pollination between Paris and U.S. cities like Chicago.

A new wing to solve the problems of the Galleria Borghese in Rome. Beautiful challenge, tedious controversy

Una nuova ala per risolvere i problemi della Galleria Borghese a Roma. Bella sfida, stucchevoli polemiche

The Galleria Borghese in Rome, one of Italy's most extraordinary museums, faces significant accessibility and capacity issues due to its historic 17th-century structure. The museum is difficult for visitors with disabilities, overcrowded, and forces visitors to book far in advance—often waiting over a month for a time slot—while many masterpieces remain in storage. In 2025, the engineering firm Proger offered to sponsor a feasibility study for a new wing, contributing nearly 900,000 euros to fund an international architecture competition and a technical-economic feasibility plan. The study, currently underway, aims to explore whether a new annex can be built within the protected Villa Borghese park to create new entrances, exhibition spaces, and services.

Gordon Cheung: Many Worlds, One Mind

CLOSE Gallery in Somerset presents 'Many Worlds, One Mind', a major survey exhibition of contemporary multi-media artist Gordon Cheung, running from 6 June to 15 August 2026. The show brings together 28 works across sculpture, painting, print and etching, including pieces from Cheung's 'New Order' series, which uses algorithms to reorder pixels from Dutch Golden Age still lifes, and 'Passages of Time', a sculpture incorporating Financial Times stock listings. Cheung's work examines global capitalism, cultural memory, and the intersection of classical art history with digital technology.

Picture gallery in transformation: recent gifts

MASP — Museu de Arte de São Paulo Assis Chateaubriand will present the exhibition "Picture gallery in transformation: recent gifts" starting May 15, as part of its Latin American histories series. The show features two sets of silkscreen prints recently added to the museum’s collection: 51 prints (2002–2007) by the Argentine collective Taller Popular de Serigrafía, which combined art and activism during the 2001 economic crisis, and the series "Ink and blood: 1968–2009" by Mexican artist Abraham Cruzvillegas, comprising 41 facsimiles of protest ephemera from Latin American social movements. The exhibition is curated by MASP artistic director Adriano Pedrosa, curator Regina Teixeira de Barros, and curatorial assistant Matheus de Andrade.

‘A watershed moment’: Major Brisbane art exhibition opens at prestigious London museum

The Queensland Art Gallery | Gallery of Modern Art (QAGOMA) has exported a major exhibition, "Rising Voices: Contemporary Art from Asia, Australia and the Pacific," to the Victoria & Albert Museum in London. The show, which runs until January 10, 2027, features works collected over 30 years through QAGOMA's Asia Pacific Triennial of Contemporary Art, including pieces by Australian artists Michael Cook, Naomi Hobson, Shirley Macnamara, Ken Thaiday Sr, and Judy Watson, as well as artists from China, Japan, New Zealand, Sri Lanka, Papua New Guinea, and beyond.