eva hesse painting goodwill christies

New York appraiser and art dealer Glenn Spellman discovered an abstract painting signed "E.H." on the Goodwill thrift store website last fall. Suspecting it might be by Eva Hesse, he enlisted his sister Kara Spellman, director of estates and acquisitions at Hollis Taggart gallery, who confirmed the painting's authenticity by consulting the artist's catalogue raisonné at the Metropolitan Museum of Art's library. The painting, titled *Landscape Forms* (1959), was acquired for $40,000 and will be auctioned at Christie's New York on May 15 with an estimate of $60,000–$80,000. A second Hesse work, *No title* (1964–65), will be offered at Phillips New York the previous day.

egon schiele artworks recently restituted head to christies

Seven works on paper by Egon Schiele have been restituted to the heirs of Fritz Grünbaum, a Jewish cabaret performer killed at Dachau concentration camp in 1941 after being forced to surrender his art collection to the Nazis. Six of these pieces will be auctioned at Christie’s New York in November 2024, with three watercolor portraits—including *Stehende Frau (Dirne)* (1912), *Selbstbildnis* (1910), and *Ich liebe Gegensätze* (1912)—headlining the 20th Century Evening Sale on November 9, and three more offered in the Impressionist and Modern Works on Paper Sale on November 11. Estimates range from $150,000 to $2.5 million per work, and proceeds will be split among Grünbaum’s heirs, who plan to fund a scholarship program for young musicians.

hauser wirth uptown sale jens hoffmann project wet paint

Hauser & Wirth has sold its Upper East Side townhouse at 32 East 69th Street for $10.5 million to a developer, ending a decades-long presence in the neighborhood. The property, purchased in the 1990s as a family residence, was renovated by architect Annabelle Selldorf and later used as gallery space from 2009, hosting exhibitions by artists like Pope.L, Anna Maria Maiolino, Luchita Hurtado, and Arshile Gorky. Gallery co-founder Iwan Wirth cited a shift in the family's center of gravity to Chelsea and the business's expansion downtown with new locations on West 18th Street and Wooster Street in SoHo.

art bites dan flavin airily dog

Dan Flavin, the renowned Minimalist artist known for his fluorescent light installations, created two artworks dedicated to his golden retriever Airily, who was a champion show dog. The works, titled "untitled (to my dear bitch, Airily)" (1981) and "untitled (to my dear bitch, Airily) 2" (1984), are discussed in the context of Flavin's practice of dedicating pieces to people and pets. The second work, held by Kunstmuseum Basel, was displayed at the Pulitzer Arts Foundation in 2008 and at Dia Bridgehampton in 1985.

oscar yi hou james fuentes

Artist Oscar Yi Hou curated the group show "Deviations" at James Fuentes gallery in Tribeca, featuring 12 queer and trans artists including Juliana Huxtable, Martine Gutierrez, and Ser Serpas. The exhibition, on view through May 7, includes works by Yi Hou himself and explores themes of hybridity, queer intimacy, and the illusion of function through sculptures and paintings. Yi Hou, a 26-year-old breakout star on the gallery's roster, previously had a highly successful solo show "The Beat of Life" in November, with works acquired by institutions like the Brooklyn Museum.

almine rech merci john giorno

A new group exhibition titled "Merci! John Giorno" has opened at Almine Rech Paris, celebrating the life and career of the late American artist John Giorno (1936–2019). Presented in collaboration with Giorno Poetry Systems, the show features Giorno's own works alongside pieces made for or inspired by him, including his iconic interactive work "Dial-A-Poem" (1968–ongoing) and his "Poem Paintings" begun in 1989. The exhibition also marks the tenth anniversary of the seminal show "Ugo Rondinone: I ♥ John Giorno" at the Palais de Tokyo in 2015. Running through June 7, 2025, it is complemented by other collaborations set in Parisian museums and regional venues throughout the year, including a revival of "Dial-A-Poem" in French at the Centre Georges Pompidou.

morgan stanley intelligence report triumph contemporary

Morgan Stanley and Artnet have released an Intelligence Report analyzing the explosive growth of the ultra-contemporary art market—defined as work by artists born after 1974. Auction sales in this category surged 305% from 2019 to 2021, reaching $742.2 million last year, driven by strong demand in the U.S. and China. The report breaks down sales by region, price band, and leading artists, highlighting how galleries, fairs, museums, and collectors are capitalizing on this trend.

state of the art market old masters and neo old masters

Artnet News, in collaboration with Morgan Stanley, analyzed auction data from the Artnet Price Database to assess the state of the European Old Master market since 2018. The investigation explores how efforts to contemporize Old Masters—through juxtapositions at art fairs like TEFAF and Masterpiece London, and gallery shows such as David Zwirner's 'Endless Enigma'—have correlated with market trends for Contemporary and Ultra-Contemporary artists whose work is visibly influenced by classical European art. The report also examines the impact of living artists inspired by Old Masters, suggesting that restricting analysis to historical works alone may underestimate their ongoing influence on the art market.

state of the art market surrealist women awakening

A data-driven analysis by Artnet News and Morgan Stanley examines the auction market for women Surrealist artists from 2013 to 2023, using the Artnet Price Database to track prices and sell-through rates. The study contrasts the historical undervaluation of women Surrealists—such as Leonora Carrington, Remedios Varo, Kati Horna, and Bridget Bate Tichenor—against the enduring market dominance of male figures like Dalí, Magritte, and Miró, while noting Frida Kahlo as the top-selling woman Surrealist.

a tale of four cities

Artnet News and Morgan Stanley have released a report analyzing the global art auction market across four major cities—London, Paris, Hong Kong, and New York—over the period from 2013 to 2023. Total auction sales for the first half of 2024 fell to $5.05 billion, down from $7.17 billion in the same period of 2023. The report highlights a dramatic 49 percent decline in London's auction sales following the 2016 Brexit vote, while New York has maintained its dominant position, driven by blockbuster collections like those of Peggy and David Rockefeller and Paul G. Allen. Hong Kong saw growth until the Chinese property crisis in 2022, and Paris has gained ground post-Brexit, with sales up 30 percent over 2013.

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.

deaccessioning to diversify

In late April 2018, the Baltimore Museum of Art announced a plan to deaccession seven works by white, male postwar artists to fund acquisitions of works by African American and female artists. Since then, the San Francisco Museum of Modern Art and the Art Gallery of Ontario have adopted similar diversity-focused deaccessioning strategies, selling works at auction to diversify their collections. The BMA sold pieces by Franz Kline, Kenneth Noland, and Andy Warhol at Sotheby's, using proceeds to acquire works by artists including Jack Whitten, Lynette Yiadom-Boakye, and Amy Sherald. SFMOMA is deaccessioning a Mark Rothko painting estimated at $35–50 million, while the AGO is selling 20 works by A.Y. Jackson through Heffel Fine Art Auction House.

leonor fini

On the 100th anniversary of Surrealism, the article highlights the belated recognition of Leonor Fini (1907–1996), a self-taught artist who rejected labels such as 'Surrealist' or 'woman artist.' Despite her insistence on being seen simply as an artist, her sensual, mythological paintings are gaining renewed attention. Fini debuted in 1929, was featured in the 2022 Venice Biennale, and had a solo exhibition at Kasmin gallery in New York. Her market high came in 2021 when a self-portrait sold for $2.3 million at Sotheby's, and her work is now included in the centennial surrealist show 'Imagine!' at the Royal Museum of Fine Arts in Belgium.

auction jeffrey epstein art collection

Millea Bros. auction house in New Jersey has sold artworks and furnishings from the estate of convicted sex offender Jeffrey Epstein, generating approximately $100,000 in sales so far. The items, which include a sculpture by Arnaud Kasper and a plaster work by Tom Otterness, were photographed in Epstein's Upper East Side mansion by federal authorities. Sales began in June 2024, with a second round starting last week, though auction descriptions omit any mention of Epstein's identity, meaning buyers may unknowingly acquire pieces linked to the notorious figure. Proceeds go toward administering the estate, which must pay $121 million to the Epstein Victims' Compensation Program and has already disbursed over $50 million in direct settlements.

Turner prize shortlist announced

The Turner Prize shortlist for 2026 has been announced, featuring four artists: Simeon Barclay, nominated for his spoken-word performance 'The Ruin'; Tanoa Sasraku, recognized for her solo exhibition 'Morale Patch' exploring the political history of oil; Kira Freije, shortlisted for her first major solo show 'Unspeak the Chorus'; and Marguerite Humeau, nominated for her exhibition 'Torches'. The shortlist was selected by a jury chaired by Alex Farquharson, director of Tate Britain, who praised the diverse range of work spanning installation, performance, and sculpture. An exhibition of the shortlisted artists will be held at Teesside University's Middlesbrough Institute of Modern Art (Mima) from September 2026 to March 2027, with the winner announced on December 10, 2026, receiving £25,000.

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

The contemporary art market has declined for the fourth consecutive year, with auction sales for postwar and contemporary works falling to $4.5 billion in 2025 from a peak of $8.5 billion in 2021. Simultaneously, the market has seen a significant rebound in more established categories, with auction sales of Impressionist and Post-Impressionist works rising 47% and Old Masters climbing 30% last year.

nnena kalu turner prize winner 2025

Nnena Kalu, a Glasgow-born, London-based artist known for her charged abstract works driven by rhythmic repetition, has won the 2025 Turner Prize, the U.K.'s top award for contemporary art. The announcement was made at a ceremony at Bradford Grammar School, with Kalu receiving £25,000 ($33,000) for her presentation at Bradford's Cartwright Hall Art Gallery, featuring a colorful installation of suspended bundles made from found materials like VHS tape, fabric, rope, and paper. Kalu, born in 1966, is the first learning disabled artist to be nominated for and win the Turner Prize, marking a historic milestone.

Elle Pérez Envisions New Residency Built on Family Legacy

Artist Elle Pérez is raising $100,000 to buy out relatives from a family home in Cabo Rojo, Puerto Rico, that has been in their family since the 1920s, with the goal of transforming it into an artist residency called Casa Pérez. To fund the project, Pérez is selling a portfolio of chromogenic studio prints for $1,795 each, produced in collaboration with the cultural office Public Relations. The artist’s work, known for intimate portraits and scenes of underground music, has been featured in the Whitney Biennial and solo exhibitions at the Baltimore Museum of Art and Carnegie Museum of Art.

Jumper Maybach Turns Abstraction Into Emotional Space

American artist Jumper Maybach, known for his abstract expressionist paintings, debuted a new suite of works titled "Radiant Spaces" at the inaugural Salt Lake Art Show in 2026. The series explores themes of emotional energy, human resilience, and healing, using layered textures and color fields to create immersive experiences. Maybach has also created site-specific installations in architecturally significant buildings, including the 1900K building in Washington, D.C., and continues to blur the lines between fine art, installation, and luxury design.

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.

Borghese Gallery Faces Pushback Over New Building Plan

The Borghese Gallery in Rome has proposed building an adjacent facility to expand its exhibition space and increase visitor capacity beyond the current limit of 360 people per two-hour slot. The museum, which welcomed over 630,000 visitors in 2025, argues the expansion is needed to display works long held in storage. A press conference is scheduled for May 19 to provide further details.

At the Venice Biennale, the Thrill of Victory, the Agony of Defeat

The article reports on the opening of the 61st Venice Biennale, highlighting the central exhibition "In Minor Keys" conceived by the late Koyo Kouoh, along with national pavilions and collateral events. It notes standout contributions from artists such as Alvaro Barrington, Kaloki Nyamai, Florentina Holzinger, Ei Arakawa-Nash, Li Yi-Fan, and Dries Verhoeven, while describing the American pavilion as lackluster and the overall commercial offerings as uneven. The text also covers performances and exhibitions featuring nudity and body horror, including Tino Sehgal's "The Kiss" and Maja Malou Lyse's video with the collective DIS.

Mary Lovelace O’Neal, Painter Who Defied the Bounds of Abstraction, Dies at 84

Mary Lovelace O’Neal, the American painter known for her large-scale abstract works that defied easy categorization, died in Mérida, Mexico, on May 10 at age 84. Her death was confirmed by her galleries, Jenkins Johnson and Marianne Boesky, on May 13. Active in the Civil Rights movement of the 1960s, O’Neal developed a distinctive practice that blended Minimalism, Abstract Expressionism, and figurative elements, most notably through her Lampblack series and later the "Whales Fucking" series. Her work gained renewed attention in the 21st century, with exhibitions at Mnuchin Gallery and the Museum of the African Diaspora, and her painting *Blue Whale a.k.a. #12* (1983) was selected for the 2024 Whitney Biennial.

Asian Artists Set the Stage at Independent Art Fair 2026

At the 17th edition of the Independent art fair in New York, six galleries are presenting solo booths dedicated to Asian artists, including a U.S. debut by Taiwanese artist Tseng Chien-Ying and works by Japanese painter Rika Minamitani and Chinese conceptual artist Pu Yingwei. Founder Elizabeth Dee highlights the trend as reflecting broader geopolitical shifts and artists' desire to engage with complex cultural debates in New York.

Inside Sunpride Foundation’s Mission to Champion LGBTQ+ Art Across Asia

Patrick Sun founded the Sunpride Foundation in 2014 to support LGBTQ+ communities through art, combining his passion for contemporary queer Asian art with philanthropy. The foundation's flagship "Spectrosynthesis" exhibition series has been staged at major institutions across Asia, including the Museum of Contemporary Art, Taipei, and the Bangkok Art and Culture Centre. The latest iteration, "Spectrosynthesis Seoul," opened at Seoul's Art Sonje Center and runs through June 28, 2026. Sun, a Hong Kong-born real estate developer and longtime art collector, built the foundation's collection with a focus on works suitable for museum exhibitions about queer identity.

Here’s How Stars at the 2026 Met Gala Nodded to Art History

The 2026 Met Gala, themed "Fashion Is Art," saw celebrities and fashion figures wearing outfits directly inspired by or referencing iconic artworks and art historical movements. Notable nods included Chloe Malle in a gown referencing Frederic Leighton's *Flaming June*, Lauren Sánchez Bezos in a Schiaparelli dress echoing John Singer Sargent's *Madame X*, and Hunter Schafer channeling Gustav Klimt's portrait *Mäda Primavesi*. Other attendees like Anne Hathaway, Hailey Bieber, and Karan Johar also drew from specific paintings, sculptures, and poems, while stylist Law Roach wore a hand-painted piece by Gabonese artist Naïla Opiangah.

Overlooked Artist Louisa Chase Returns to the Spotlight

Artnet News reports on a solo exhibition at Berry Campbell, New York, dedicated to overlooked American painter Louisa Chase (1951–2016). Titled "Louisa Chase: The Eighties," the show is the largest and most comprehensive survey of her work in 25 years and the first since the gallery began representing her estate. It features a curated selection of works on paper from the mid-1970s to mid-1980s, highlighting Chase's unique synthesis of abstraction and representation that positioned her between Neo-Expressionism and the New Image movement. Chase, who studied under Philip Guston at Yale, had major early success including solo shows at Robert Miller Gallery, appearances at the Whitney Biennial (1981, 1983), and inclusion in the American Pavilion at the Venice Biennale (1984), with works held by MoMA, the Met, the National Gallery of Art, and the Walker Art Center.

The Defining Themes of Today’s Biennial Art

The article analyzes the defining themes and styles of the past four years in the international biennial circuit, based on a survey of 130 biennials. It identifies a core group of artists who appeared most frequently, including Ali Eyal, Apichatpong Weerasethakul, Carolina Caycedo, Kapwani Kiwanga, and Tuan Andrew Nguyen, among others. Many of these artists are also featured in the upcoming 61st Venice Biennale curated by the late Koyo Kouoh. The piece categorizes their work under two broad themes: "Post-Colonial Post-Conceptualism," which involves poetic engagement with colonial history and artifacts, and "Families and Networks," where artists explore personal and political family histories.

U.S. Crowdfunds Its Venice Biennale Pavilion

The United States is crowdfunding its pavilion at the 61st Venice Biennale, which opens in ten days, due to the absence of major sponsors like the Ford Foundation and the Mellon Foundation. The pavilion, featuring sculptures by Alma Allen, is being organized by the American Arts Conservancy (AAC), which is soliciting donations through a campaign that has been live since at least November. The U.S. government contributes $375,000, but the installation costs significantly exceed that amount. Donors include Nevada-based Republican donors Jim and Aimee Battista, talent manager Tom Ierna, and actor Alex Pita. The AAC has not disclosed the campaign's fundraising goal, amount raised, or end date.

Art Basel Curbs Pre-Fair Sales—and More Art Industry News

Art Basel has launched a "Basel Exclusive" initiative to curb pre-fair PDF sales, encouraging galleries to withhold works from previews to drive in-person discovery at its flagship Swiss event (June 16–21). Around 170 of 232 exhibitors have opted in. Meanwhile, Volta returns to Basel with a new "5,000 Edit" section for works under CHF 5,000 to attract younger collectors, and the alternative fair Esther will hold its third edition in New York during Frieze Week. In other news, Sotheby's set a U.S. record for design auctions with the Jean and Terry de Gunzburg collection totaling $96 million, and billionaire collector Mitchell P. Rales pledged $116 million to the National Gallery of Art to fund loans to smaller museums. The Smithsonian American Art Museum named Lynda Roscoe Hartigan as its new director, and Gladstone Gallery plans a new Seoul space for 2026.