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Sellers at the May Marquee Auctions Revealed, Bogotá’s MAMBO Museum Loses Its Director, and More: Morning Links for May 4, 2026

The spring auction season is underway, with ARTnews revealing that Jean-Michel Basquiat's 1983 painting *Museum Security (Broadway Meltdown)* is headed to Sotheby's contemporary art sale on May 14 with a $45 million estimate, consigned by Joahn Sayegh-Belchatowski. Christie's postwar and contemporary day sale includes a collection dubbed "A Matter of Seeing" from Ronald Lauder. Meanwhile, Lévy Gorvy Dayan is testing a new auction-gallery hybrid model, and British billionaire Joe Lewis plans to sell another $200 million in art at Sotheby's in June. In other news, Martha Ortiz has left the Museo de Arte Moderno de Bogotá (MAMBO) following harassment allegations, after the earlier dismissal of artistic director Eugenio Viola. The article also covers a planned Derrick Adams portrait of Koyo Kouoh in Venice, the death of cartoonist Nicole Hollander, a free-entry stunt by Maurizio Cattelan at Fondation Beyeler, a Christo installation at Gagosian London, and a report on Italian Prime Minister Giorgia Meloni's political interference in cultural institutions, including the Venice Biennale.

Gagosian to Open New Upper East Side Gallery with a Duchamp Show, a Rarity in a Commercial Setting

Gagosian is set to inaugurate a new ground-floor gallery space at 980 Madison Avenue on Manhattan’s Upper East Side with a major exhibition of Marcel Duchamp opening April 25. The show features rare replicas of the artist’s most famous readymades, including the 1964 versions of 'Fountain' and 'Bicycle Wheel,' the latter of which is noted as the only version not currently held by a museum. The exhibition returns Duchamp to the same building where he showed with Cordier & Ekstrom Gallery in 1965 and coincides with a major retrospective at the Museum of Modern Art.

Go Time! Gagosian Christens New Madison Avenue Space With Duchamp Readymades

Larry Gagosian is set to inaugurate a newly overhauled ground-floor gallery at 980 Madison Avenue on April 25, marking a major expansion within his long-time New York headquarters. The debut exhibition features the iconic readymades of Marcel Duchamp, including a rare version of 'Bicycle Wheel' and 'Fountain.' This move follows a period of uncertainty for the dealer after Bloomberg Philanthropies acquired the building, prompting Gagosian to invest significant resources into securing and transforming the street-level space.

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The print market is experiencing a significant resurgence, defying the broader contraction seen in the global art market. Recent events like the IFPDA Print Fair in New York reported record-breaking attendance of 21,000 visitors, while auction data shows that over 54,000 print lots were sold in 2024—the highest volume in a decade. While total sales value dipped slightly, the decline was far less severe than the 27 percent drop seen in the general fine art sector.

Marian Goodman’s Prized $65 Million Collection Lands at Christie’s

Christie’s has announced the sale of the private collection of the late legendary art dealer Marian Goodman, who passed away in January at age 97. Estimated to bring in approximately $65 million, the collection is headlined by a group of significant works by Gerhard Richter, an artist Goodman championed for four decades. The centerpiece of the auction is Richter’s 1982 painting "Kerze (Candle)," which carries a high estimate of $50 million and will lead a series of dedicated sales in New York this May.

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The 15th edition of Expo Chicago, scheduled for April 9–12, marks a significant transition as the fair's first outing under new director Kate Sierzputowski and its third since being acquired by Frieze. The upcoming edition features a streamlined roster of approximately 130 galleries, a 25 percent decrease from previous years. While blue-chip giants like Gagosian and Zwirner are absent, the fair maintains a strong lineup including Karma, Michael Rosenfeld Gallery, and local mainstays like Monique Meloche, complemented by satellite events and a high-profile benefit directed by Maurizio Cattelan.

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The 30th edition of the International Fine Print Dealers Association (IFPDA) Print Fair concluded at New York’s Javits Center, featuring 77 international exhibitors. The fair showcased a vast chronological range of works, from $2 million Edvard Munch prints to contemporary editions priced at $200, attracting a diverse crowd of collectors and institutional buyers.

Are We Too Reverent of Marcel Duchamp?

The Museum of Modern Art has launched a major retrospective of Marcel Duchamp, co-organized with the Philadelphia Museum of Art. The exhibition tracks the artist's evolution from his early Cubist experiments and the scandal of 'Nude Descending a Staircase' to his radical invention of the readymade, exemplified by the infamous urinal, 'Fountain'. The show presents a comprehensive look at 'The Duch' through a reverential, church-like atmosphere, concluding with his later years as a dapper, enigmatic figure of the avant-garde.

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Art Basel Paris is undergoing a major transformation for its third edition, officially rebranding from 'Paris+ par Art Basel' and moving into the newly renovated Grand Palais. The historic venue, fresh from a $500 million restoration, allows the fair to expand its footprint by 26 percent, hosting 194 galleries compared to last year's 154. The move includes the opening of the ornate balconies for emerging galleries and a new sector called Premise, signaling the fair's transition from a successful 'preamble' to a permanent fixture in the French capital.

A $35 M. Warhol, a $45 M. Basquiat, and More: Who’s Selling The Top Works in the May Sales?

The article reports on the upcoming May marquee sales at Christie’s and Sotheby’s, detailing high-value consignments from major collections. Christie’s will offer works from the estates of S. I. Newhouse (including a Brâncuși sculpture and a Jackson Pollock painting, each estimated at $100 million), former MoMA board president Agnes Gund (a Rothko estimated at $80 million), and the late dealer Marian Goodman (a Gerhard Richter estimated at $50 million). Sotheby’s counters with a Rothko from the collection of the late Robert Mnuchin (estimated at $100 million) and works from David and Shoshanna Wingate, including a Giacometti sculpture. The article also reveals previously unnamed consignors for top lots, such as collector John Sayegh-Belchatowski for a $45 million Basquiat and the Moore family for an Elizabeth Peyton painting.

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.

Zoe Leonard Departs Hauser & Wirth for New York’s Maxwell Graham Gallery

Zoe Leonard, a celebrated conceptual artist whose work will appear at the Venice Biennale next week, has left Hauser & Wirth—a global gallery with 14 locations—to join Maxwell Graham, a smaller New York-based gallery known for spare conceptual presentations. Leonard will continue to be represented by her longtime galleries, Cologne’s Galeria Gisela Capitain and Milan’s Raffaella Cortese. Maxwell Graham staged its first Leonard exhibition last year with “Display,” featuring photographs of historical objects in museums. Leonard is the second artist to depart Hauser & Wirth in the past year, following George Condo’s exit in November.

Advocates Try to Save Brutalist Fountain in San Francisco, José Aparicio Painting Returns to Prado Museum: Morning Links for April 30, 2026

This ARTnews Morning Links roundup covers multiple art-world stories from April 30, 2026. A new Banksy sculpture appeared in London's Waterloo Place, depicting a suited man marching off a plinth with a flag covering his face, though Banksy had not confirmed the work. Italian Culture Minister Alessandro Giuli ordered inspectors to the Venice Biennale headquarters amid intensifying scrutiny over Russia's participation, following internal emails suggesting sanctions were circumvented. Obituaries note the deaths of German 'total artist' Timm Ulrichs at 86 and Japanese sculptor Shigeo Toya at 78. A José Aparicio painting, 'The Year of the Famine in Madrid' (1818), returned to the Prado Museum after 150 years. In San Francisco, a group called Friends of the Plaza filed an appeal to block dismantling of the Vaillancourt Fountain. A feature in Cultured Magazine explores Bucharest's ambitions as a global arts hub through the Romanian Art Dealers fair.

Time Magazine’s 100 Most Influential List Includes Artist Cao Fei and Photojournalist Lynsey Addario

Time magazine has named artist Cao Fei and photojournalist Lynsey Addario to its 2026 list of the 100 most influential people in the world. Cao Fei is recognized for her multidisciplinary work exploring digital technology and modernity, while Addario is honored for her decades of courageous reporting from global conflict zones, including her Pulitzer Prize-winning coverage of the war in Ukraine. The list also acknowledges prominent art patrons Susan and Michael Dell.

Hampshire College, Whose Alumni List Includes Many Well-Known Artists, to Close After 51 Years

Hampshire College in Amherst, Massachusetts, has announced it will officially close following the fall 2026 semester, ending 51 years of operation. The decision follows a period of significant financial instability, including a reported $20 million debt and a failure to meet enrollment targets. The college has established agreements with regional institutions, such as Smith College and Bennington College, to allow current students to complete their degrees elsewhere.

Hirshhorn Museum Director Melissa Chiu Leaves for Guggenheim, Another Smithsonian Departure

Melissa Chiu has been appointed as the new director of the Guggenheim Museum in New York, departing her long-standing role at the Smithsonian’s Hirshhorn Museum and Sculpture Garden. Starting September 1, Chiu will report to Mariët Westermann, CEO of the Solomon R. Guggenheim Foundation, effectively splitting the leadership responsibilities previously held by Richard Armstrong. During her decade-long tenure at the Hirshhorn, Chiu was known for staging massive blockbuster exhibitions, including the record-breaking Yayoi Kusama "Infinity Mirror Rooms" show, though she also faced criticism for commercial ventures like a reality TV competition.

Comment | Catherine Opie shows us that in dark times, looking for joy can be radical

The artist Catherine Opie is currently the subject of a major three-decade portrait survey, 'To Be Seen', at the National Portrait Gallery in London. The exhibition highlights Opie’s career-long commitment to representing the LGBTQ+ community, specifically the leather dyke scene in Los Angeles, through a lens that balances defiance with playfulness. Even her most provocative works, such as the 1993 self-portrait featuring a domestic scene carved into her back, are revealed to contain elements of humor and historical allusion that counter the despair of the AIDS crisis and personal heartbreak.

Paying tribute to storied printmaker Kenneth Tyler at the IFPDA Print Fair

The International Fine Prints and Drawings Association (IFPDA) Print Fair at the Park Avenue Armory is honoring the legacy of master printer Kenneth E. Tyler. A central highlight of the event is the presentation by the National Gallery of Australia (NGA) of a new three-volume catalogue raisonné documenting Tyler Graphics from 1986 to 2001. The 94-year-old Tyler, a foundational figure in American printmaking, collaborated with titans of Modern art including Robert Rauschenberg, Helen Frankenthaler, and Roy Lichtenstein across his storied career at Gemini GEL and Tyler Graphics.

The Venice Biennale Is High Stakes. James Cohan Gallery Is All In

James Cohan Gallery, a mid-sized New York gallery, is representing four artists in the 61st Venice Biennale's central exhibition, "In Minor Keys," curated by the late Koyo Kouoh. The artists are Ranti Bam, Tuan Andrew Nguyen, Kennedy Yanko, and Yinka Shonibare (whose Guest Artists Space Foundation is also participating). This marks a breakthrough for the gallery, which has more artists in the central exhibition than any of the four mega-galleries—Gagosian, Pace, David Zwirner, and Hauser & Wirth—none of which have as many. The gallery is investing heavily in production, logistics, travel, and events, including a luncheon at the St. Regis Hotel co-hosted with Salon 94 and Esther Schipper, and a dinner thrown by collector Pamela Joyner for Yanko.

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.

Inside Gagosian’s Quiet Power Move to Street Level on Madison Avenue

Gagosian has opened a new 2,275-square-foot ground-floor gallery at 980 Madison Avenue in New York, relocating from its longtime sixth-floor space after 37 years. The move was prompted by Bloomberg Philanthropies' acquisition of the building in 2024, which displaced several fine art tenants. The inaugural exhibition features works by Marcel Duchamp and Robert Rauschenberg, and the space was designed by architect Jonathan Caplan with advanced lighting by Dot Dash.

Artist Charles Ross Spent 50 Years Trying to Bring the Stars Down to Earth. At 88, Has He Done It?

Artist Charles Ross is nearing the completion of Star Axis, a monumental naked-eye observatory in the New Mexico desert that has been under construction for over 50 years. Conceived in 1971 and situated on a mesa Ross discovered in 1975, the massive architectural sculpture is designed to make the 26,000-year cycle of Earth’s axial precession perceptible to the human eye. The project began after a chance encounter with a local ranching family provided Ross with the square mile of land necessary to realize his cosmic vision.

‘Of course I accepted!’ Angel Otero on Bad Bunny – and bringing some Puerto Rican flair to Somerset

Angel Otero, a Puerto Rican artist based in Somerset, discusses his emotional collaboration with musician Bad Bunny on the stage set "La Casita" for his 31-show residency in Puerto Rico. Otero's new solo exhibition at Hauser & Wirth Somerset features large-scale, semi-abstract paintings that draw from his childhood memories in Santurce, San Juan, including motifs like a pink vanity cabinet, birdcages, and a turbulent sea. His signature technique involves applying paint skins—dried sheets of oil paint on Perspex—to canvas, creating layered, sculptural surfaces. The show includes a diptych based on a photograph of Otero and his grandmother, marking his most figurative work to date.

Petal passion, super-surreal Polaroids and Billy Childish’s California – the week in art

This week’s art roundup highlights several major exhibitions across the UK, including a floral-themed survey at Kettle’s Yard featuring artists from Henri Rousseau to Lubaina Himid. Other notable openings include Billy Childish’s expressionistic California desert paintings at Carl Freedman Gallery, Katharina Grosse’s site-specific installations at White Cube, and Steve McQueen’s new photography book, 'Bounty', which explores the colonial history of Grenada through its flora.

For Italy’s Art Pioneer, a New Bronze Age

Giuseppe Penone, a leading figure of the Arte Povera movement, is preparing a major exhibition at Gagosian gallery in New York. The show will feature new bronze sculptures that continue his lifelong exploration of nature, form, and the human body, created in collaboration with curator Adam Weinberg, the former director of the Whitney Museum of American Art.

How a Louise Bourgeois Print Inspired Eden Xu-Martinez’s Intimate Collection

Eden Xu-Martinez, a collector and art administration professional, has built a personal collection centered on the accessibility and intimacy of prints. Her journey into collecting was catalyzed by a lithography course at Columbia University and a profound encounter with a Louise Bourgeois print, which shifted her perspective on the medium from mere reproduction to a deeply personal form of artistic expression.

Philadelphia Is Rich With Museums and Galleries. ‘Elsewhere’ Aims to Find Out If It Can Support an Art Fair

Philadelphia gallerist Megan Galardi is launching a new art fair called Elsewhere, set to debut June 4–6 at the Yowie Hotel on South Street. The fair will feature 27 exhibitors from cities including London, New York, and Philadelphia, with seven local dealers such as Fleisher/Ollman, Blah Blah Gallery, and Fjord. Galardi, who founded Blah Blah Gallery in 2023 and has participated in small New York fairs like Spring/Break and Future Fair, designed Elsewhere as a boutique, hotel-based event that offers a lower-cost, more intimate alternative to large-scale art fairs.

Anna Zemánková Estate Joins Gladstone Gallery, Sándra Vasquez de la Horra Joins Tanya Bonakdar Gallery, and More: Industry Moves for April 29, 2026

The article reports a series of industry moves in the art world as of April 29, 2026. Key developments include Gladstone Gallery taking on the estate of Anna Zemánková, Sándra Vasquez de la Horra joining Tanya Bonakdar Gallery, Elijah Wheat Showroom opening a new location in Beacon, New York, and Mariane Ibrahim now representing Leasho Johnson. Additionally, Denniston Hill launches its 2026 residency season with 30 artists, the Minneapolis Institute of Art receives restoration funding from TEFAF, Charlie White is appointed dean of the Sam Fox School, and Jesús Hilario-Reyes and Tichacoco are named inaugural recipients of the Clemente Center’s Van Lier Fellowship. The article also notes a whistleblower claim of $3 million missing from the Palm Springs Art Museum’s investment account, and a New York Times essay by Robin Givhan on Derrick Adams.

Emails Suggest Venice Biennale Organizers Planned for Limited Russian Participation, SF Appoints First Arts and Culture Director, and More: Morning Links for April 28, 2026

Emails between Venice Biennale organizers and the Russian Pavilion commissioner reveal plans for limited Russian participation: the pavilion would open during the vernissage (May 5–8) with live performances, then close to the public after May 9, with multimedia documentation viewable from outside. The messages, dating to June 2025, also show Biennale staff helping Russian artists obtain visas. Organizers insist they complied with European sanctions, which prohibit financial support or direct collaboration with state-backed Russian entities. Separately, San Francisco has appointed Matthew Goudeau as its first executive director of arts and culture, a new role overseeing three public art agencies amid local arts closures.

A Smaller Art Brussels Represents a Shift in the Fair Ecosystem Toward a ‘Quality-First’ Approach

Art Brussels, now in its 42nd edition (April 23–26), has downsized from 164 to 138 participating galleries, a 15% reduction that allows the fair to fit entirely within one hall of Brussels Expo. Director Nele Verhaeren openly acknowledged the shift, framing it as a deliberate move toward a 'quality-first' approach that prioritizes visitor experience over sheer scale. The fair introduces a new section called Horizons, curated by Devrim Bayar of the upcoming Kanal-Pompidou museum, featuring seven large-scale works in the freed-up space. Dealers like Xavier Hufkens and Nadja Vilenne support the strategy, noting that galleries must now carefully choose which fairs to attend amid rising costs and geopolitical tensions.