‘Designed to disorient’: LA art museum unveils enormous concrete gallery, 20 years in the making

The Los Angeles County Museum of Art (LACMA) has unveiled the David Geffen Galleries, a $724 million concrete structure designed by Swiss architect Peter Zumthor. Spanning Wilshire Boulevard, the building features 110,000 square feet of elevated gallery space characterized by curving walls and massive windows. The project marks the culmination of a nearly 20-year revitalization effort led by director Michael Govan, replacing several older buildings with a single, fluid architectural statement.

Rare Medieval Seal Rediscovered After 40-Year Disappearance

A rare 11th-century wax seal belonging to the Anglo-Saxon king Edward the Confessor has been rediscovered in France’s National Archives after being missing for over 40 years. The artifact, known as the Saint-Denis seal, was not stolen but rather misplaced due to a clerical error during a conservation transfer decades ago. It was identified by doctoral student Guilhem Dorandeu, who noticed the misfiled item while conducting research.

ken griffin global recession iran strait of hormuz

Billionaire hedge fund manager and prominent art collector Kenneth C. Griffin has issued a stark warning regarding the global economy, stating that a recession is inevitable if the Strait of Hormuz remains closed through the end of the year. Speaking at the Semafor World Economy summit, Griffin highlighted that the closure of this vital oil passageway has created energy shocks and treacherous conditions for central bankers, potentially forcing further interest rate hikes to combat inflation.

Works from Marian Goodman’s Collection to Anchor Christie’s May Sales

Christie’s has announced that it will auction works from the personal collection of the late legendary dealer Marian Goodman during its May marquee sales in New York. The collection is headlined by seven paintings by Gerhard Richter, including the iconic 1982 work *Kerze (Candle)*, which carries an estimate of $35 million to $50 million. The total group of works from Goodman’s Manhattan home is expected to realize approximately $65 million.

tate liverpool director helen legg royal academy of arts

Helen Legg has been appointed as the new artistic director of the Royal Academy of Arts in London, transitioning from her current role as director of Tate Liverpool. Starting in June, Legg will oversee the institution’s exhibitions, collections, and public programming, succeeding a period of leadership that saw her manage a major $46 million renovation project at Tate's northern outpost.

massive 44 foot long david hockney print to headline christies spring prints season in london

Christie’s London has announced that David Hockney’s monumental print 'Autour de la maison, été' (2019) will headline its spring prints season. Measuring nearly 40 feet long and printed on a single sheet of paper, the work depicts the artist’s Normandy estate with a high estimate of £300,000 ($400,000). The piece is noted for its cinematic scale and narrative structure, drawing direct inspiration from the medieval Bayeux Tapestry.

Gerhard Richter Church Windows

gerhard richter church windows

Gerhard Richter has been commissioned to design three stained-glass windows for Tholey Abbey in Saarland, Germany's oldest monastery church. The 87-year-old artist's designs will be unveiled in September, with the final installation expected by summer 2020 as part of the abbey's broader restoration. The project is being funded by a private investor and includes a collaboration with Richter’s longtime creative partner, the Estonian composer Arvo Pärt.

450 million newhouse trove heads to christies led by 100 million pollock

Christie’s has secured a prestigious collection of 35 to 40 artworks from the estate of the late media mogul S.I. Newhouse, valued at approximately $450 million. Scheduled for the May auction season, the selection is headlined by Jackson Pollock’s drip painting 'Number 7' (1948) and Constantin Brancusi’s bronze sculpture 'Danaïde' (1913), both estimated at around $100 million. The consignment marks the fourth time Christie’s has handled material from the Newhouse estate, which has previously set records for artists like Jeff Koons.

christies triple header 20th and 21st century evening sales nets 265 m as london proves its still a draw to collectors

Christie’s London achieved a robust £197.5 million ($265 million) across a triple-header of evening sales, including the 20th/21st Century, Art of the Surreal, and the Vanthournout Collection auctions. The evening was headlined by a record-breaking £26.3 million sale of Henry Moore’s bronze sculpture 'King and Queen', alongside new auction highs for Surrealist artists Toyen and Dorothea Tanning. Despite some pre-sale withdrawals and a marathon four-hour runtime, the house achieved a 96 percent sell-through rate by lot.

british museum funding bayeux tapestry transport

The British Museum has allocated £1.2 million to facilitate the transport of the 11th-century Bayeux Tapestry from Normandy to London for a high-profile exhibition scheduled for 2026. This funding covers the logistical complexities of moving the 230-foot-long masterpiece, which is further protected by a £800 million UK Treasury guarantee. Despite the museum's rigorous planning and expert oversight, the loan has faced significant pushback from conservationists and public figures.

sales roundup art basel qatar

The inaugural edition of Art Basel Qatar launched with a unique booth-less format, prioritizing single-artist presentations and regional connections over the typical high-speed frenzy of European fairs. While the pace of transactions was more measured, significant sales were reported, including a $250,000 video installation by Kutlug Ataman sold by Niru Ratnam to an institution and multiple works by regional stars like Ahmed Mater and Ali Cherri. High-value blue-chip items, including a $42 million Picasso, remained tucked away in private viewing rooms to accommodate the region's preference for discretionary collecting.

jeffrey epstein art world fallout

The U.S. Department of Justice has released approximately 3 million additional files related to the late financier Jeffrey Epstein, sparking a new wave of resignations and investigations across the global art world. The documents detail extensive connections between Epstein and high-profile figures, including museum leaders, major collectors, and artists. While inclusion in the files does not prove criminal wrongdoing, the public pressure following these revelations has forced several prominent individuals to step down from influential institutional roles.

four major works by bacon freud and kossoff from lewis collection to hit auction block at sothebys london in march

Sotheby's London will auction four major works from the Lewis Collection in its March 4 Modern and Contemporary evening sale. The highlights include a 1972 self-portrait by Francis Bacon, two portraits by Lucian Freud, and a rare swimming pool scene by Leon Kossoff, all representing the School of London movement.

sothebys royal academy of art sale

Sotheby's will auction ten works donated by Royal Academicians during its London spring sales to raise funds for the financially struggling Royal Academy of Arts. The sale, with a cumulative high estimate of £2.6 million, includes major works by El Anatsui, Sean Scully, William Kentridge, Tony Cragg, Georg Baselitz, Anish Kapoor, Mimmo Paladino, and Jeff Koons.

qatar details of new quadrennial epstein and sfmoma ties

Qatar has announced details for its inaugural contemporary art quadrennial, Rubaiya Qatar, set to launch in November alongside Frieze Abu Dhabi. Organized by Qatar Museums, the event will feature over 50 artists and new commissions, with a major exhibition titled 'Unruly Waters' curated by Tom Eccles, Ruba Katrib, Mark Rappolt, and Shabbir Hussain Mustafa. Confirmed artists include Lawrence Abu Hamdan, Sophia Al Maria, Mohamed Bourouissa, and Lydia Ourahmane. Additionally, a previously unpublicized pavilion dedicated to Gerhard Richter will open within the quadrennial. Separately, revelations from the Epstein files show ties between Jeffrey Epstein and the San Francisco Museum of Modern Art, including a donated artwork and potential financial backing for a piece by Neri Oxman. A small Michelangelo drawing of a foot sold at Christie's for $27.2 million, setting a new auction record.

ken griffin basquiat stephen friedman gallery

London's Stephen Friedman Gallery is facing serious financial difficulties, with its 2024 financial reports overdue and its 2023 accounts revealing a loss of £1.7 million. The gallery, which recently expanded with a large new London space and a New York outpost, is reliant on external financing and negotiations with creditors to continue operating, casting significant doubt on its future viability.

london courtauld new contemporary art galleries blavatnik

London’s Courtauld Gallery will open two new contemporary art galleries at its Somerset House campus, funded by a £10 million ($13.8 million) gift from the Blavatnik Family Foundation. The top-floor spaces, originally built as a display area for the Royal Society in the 18th century, are expected to debut in 2029. The donation brings the foundation’s total support for the Courtauld to £20 million ($27.5 million), following earlier backing for the museum’s 2021 renovation. The new galleries will be programmed in part by students in the Courtauld’s curating master’s program and will host exhibitions connecting historical and contemporary art.

evan beard left masterworks launch new york gallery

Evan Beard, a former Navy intelligence officer and Oxford economics graduate, is launching a new secondary market gallery called Beard & Co. on New York's Upper East Side after leaving Masterworks, the $1 billion art-tech startup where he ran its secondary market gallery Level & Co. Beard's career path includes stints at Deloitte and Bank of America, where he managed art financing operations and worked with major U.S. collectors. His new gallery will employ a half-dozen staff and function as a discreet private bank for collectors, offering services such as art loans, auction guarantees, consignments, and estate planning.

david hockney bayeux tapestry

David Hockney has publicly condemned the planned loan of the Bayeux Tapestry from France to the British Museum, calling the transport of the 950-year-old, 224-foot-long embroidered chronicle across the English Channel “madness” and an unnecessary risk. Writing in an op-ed for The Independent, the 88-year-old artist warned that moving the fragile artifact—which has nearly 10,000 holes and 30 tears—could cause irreversible damage such as fiber contraction, expansion, or color fading. The tapestry is scheduled for a 10-month loan to the British Museum later this year, and despite a £800 million insurance scheme and assurances from museum director Nicholas Cullinan, Hockney remains unconvinced, noting that a museum representative who met with him had not read his book "Secret Knowledge." The tapestry has already been moved from the Bayeux Museum to a secret storage facility, its first relocation in 40 years.

ls lowry ian mckellen documentary

A new BBC documentary, *L.S. Lowry: The Unheard Tapes*, will mark the 50th anniversary of the artist's death in 1976. The film features never-before-heard recordings of conversations between Lowry and a young fan, Angela Barratt, recorded in his living room—the last and longest interview he ever gave. These tapes will be brought to life through dramatic reenactments, with Ian McKellen lip-syncing Lowry's words and Annabel Smith portraying Barratt. The documentary is produced by Wall to Wall Media and aims to reveal intimate insights into Lowry's thoughts, ambitions, regrets, and humor.

christies london belgian 54 million collection magritte

Christie's London will auction a major collection of modern and contemporary art from Belgian collectors Roger and Josette Vanthournout during its March marquee sales week. The collection, estimated at £40 million ($53.8 million), spans six decades of collecting and includes works by René Magritte, Henry Moore, Pablo Picasso, Yayoi Kusama, Lucio Fontana, Agnes Martin, and Max Ernst. It will be offered across three sales: a March 5 evening sale, a March 6 daytime sale, and an online sale from February 25 to March 12. Highlights include Magritte's 'La plaine de l'air' (1940) and Moore's 'Goslar Warrior' (1973–74), each estimated at £3.5–5.5 million.

antwerp contemporary art museum controvery

Belgium plans to revoke the museum status of Antwerp's Museum of Contemporary Art (M HKA) and transfer its 8,000-work collection to Ghent's Municipal Museum of Contemporary Art (Smak), canceling a promised $93 million new building. The proposal by Flemish culture minister Caroline Gennez has sparked resignations, legal challenges, and backlash from artists including Luc Tuymans and Anish Kapoor, who call it unlawful and a threat to cultural independence. A parliamentary hearing is expected in January 2026.

kenny schachter 2026 predictions van gogh private sale

Kenny Schachter offers his predictions for the art world in 2026, set against a backdrop of political chaos and rapid AI development. He forecasts only a marginal uptick in global art sales, which he estimates will exceed $57.5 billion, and warns that luxury goods—bags, watches, fossils—are increasingly encroaching on art fairs, auctions, and exhibitions. Schachter criticizes Sotheby's for blurring the lines between auction house, museum, and gallery, citing its traveling "Icon" show as a spectacle of price tags rather than art scholarship.

christies h1 2025 auction sales report

Christie’s announced a projected sales total of $2.1 billion for the first half of 2025, matching its H1-2024 figure. While art categories like Impressionist, modern, and Old Masters saw modest growth—Old Masters sales rose 15% to $55 million—luxury categories (handbags, watches, cars, jewelry) surged nearly 30% to $468 million, now accounting for 22% of the total. Notable sales included René Magritte’s *La reconnaissance infinite* (1933) for £10.3 million and Piet Mondrian’s *Composition with Large Red Plane, Bluish Grey, Yellow, Black, and Blue* (1922) for $46.7 million. Guaranteed lots remained low at 1.5%, and the sell-through rate held steady at 88%.

jeffrey epstein art world connections

The article details the ongoing release of documents related to disgraced sex offender Jeffrey Epstein, revealing his extensive ties to prominent art world figures. Key connections include former MoMA chairman Leon Black, who paid Epstein tens of millions for tax advice and engaged in art transactions involving a Giacometti sculpture and a Cézanne watercolor; retail mogul and art collector Leslie Wexner; and artist Andres Serrano. It also highlights the story of artist Maria Farmer, who was assaulted by Epstein and Maxwell and faced threats against her art career when she tried to report them in the 1990s.

top auction moments of 2025

Artnet News rounds up the standout auction moments of 2025, highlighting both triumphs and disappointments. M.F. Husain's *Untitled (Gram Yatra)* (1954) smashed expectations at Christie's, selling for $13.8 million—more than double the artist's previous record and the first South Asian Modern work to exceed $10 million. In contrast, Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) fell short of its $50 million estimate at Christie's, missing the artist's auction record, while Alberto Giacometti's *Grande tête mince* (1955) failed to sell at Sotheby's despite a $70 million asking price, underscoring market volatility.

philadelphia art museum rocky statue exhibition

The Philadelphia Art Museum is organizing a 2026 exhibition titled “Rising Up: Rocky and the Making of Monuments,” centered on the famous Rocky Balboa statue that sits atop the museum's steps. Curated by Paul Farber, co-founder of Monument Lab, the show will feature over 150 works by more than 50 artists, spanning 2,000 years of artifacts, and explore the role of monuments in fine art, sports, and popular culture. The exhibition coincides with the 50th anniversary of the original Rocky film and includes works by Keith Haring, Rashid Johnson, Kara Walker, and Andy Warhol, among others.

alma allen us venice biennale pavilion non political artist

Alma Allen, a sculptor known for sleek, abstract works, has been selected to represent the United States at the 2026 Venice Biennale, marking the country's 250th anniversary. The selection process, run by the US State Department and funded by the newly formed American Arts Conservancy—which the article notes is stocked with Trump allies—has drawn criticism for favoring politically neutral art. Allen's sculptures, often made of marble and wood with digital technology, are described as aesthetically inoffensive and reminiscent of Constantin Brâncuși, with no apparent commentary on current US issues.

princeton university art museum reopening

The Princeton University Art Museum (PUAM) reopened after nearly six years, replacing its 1969 building with a 146,000-square-foot complex designed by Adjaye Associates. The new structure features nine interlocking modernist pavilions, a 40-foot mosaic by Nick Cave, and flexible spaces like a central hall convertible into a lecture hall. The museum's collection of 117,000 objects is installed with ahistorical juxtapositions, pairing works such as Andy Warhol's Blue Marilyn (1962) with a 14th-century Virgin and Child, and Titus Kaphar's To Be Sold (2018) with a George Washington portrait. The reopening follows controversy: David Adjaye stepped back from the project in 2023 after allegations of sexual misconduct, which he denied.

louvre couture mfa houston fashion exhibition

The Louvre's blockbuster exhibition "Louvre Couture," which drew over one million visitors in Paris, has opened at the Museum of Fine Arts, Houston (MFAH). The show pairs high-fashion garments and accessories—from Yves Saint Laurent to Jacquemus—with artworks and decorative objects, illustrating how designers draw from art history. The Houston edition features 36 objects from 23 designers, including pieces by Jean Paul Gaultier, Iris van Herpen, Schiaparelli, and a John Galliano-designed Dior gown, displayed across two buildings and over a dozen galleries.