Five Big Lots to Watch as New York’s Spring Auctions Spring Into Action

New York's May auction season has begun, with Christie's, Sotheby's, and Phillips presenting major works by artists including Jean-Michel Basquiat, Robert Rauschenberg, Ed Ruscha, Cecily Brown, and Marlene Dumas. Highlights include Basquiat's 'Baby Boom' (estimate $20–$30 million) at Christie's, a Basquiat 'Untitled' (1981) at Sotheby's, and Marlene Dumas' 'Miss January' (1997), which could break the auction record for a living woman artist. Sotheby's will also feature works from the late dealer Barbara Gladstone's collection, while the San Francisco Museum of Modern Art is deaccessioning Frank Stella's 'Adelante' and other works to fund new acquisitions.

Gotta Have Art: Scottsdale galleries have evolved over decades

The article explores the evolution of art galleries in Scottsdale, Arizona, over the past several decades. It traces how the local gallery scene has transformed from a small, desert-focused art community into a diverse and sophisticated hub for contemporary, Native American, and Western art, attracting both local collectors and international visitors.

Leaner, nimbler and more discreet: why some art advisory firms are growing in a downturn

A growing number of "super advisory" firms are being founded by former top-level auction house executives, offering leaner, more discreet art advisory services without the high overheads of major auction houses and galleries. Notable examples include Art Intelligence Global (AIG), launched by Amy Cappellazzo and Yuki Terase after leaving Sotheby's, and Patti Wong & Associates, founded by former Sotheby's Asia chair Patti Wong. These firms leverage decades of experience and personal client relationships to compete in a cautious market where major auction houses have cut staff and digitized operations.

Realms of the Dharma

The Los Angeles County Museum of Art (LACMA) has opened "Realms of the Dharma: Buddhist Art Across Asia," an exhibition on view through July 12, 2026, that brings together approximately 180 Buddhist artworks from its permanent collection for the first time in a single space. Curated by Stephen Little and Tushara Bindu Gude, the show features paintings, sculptures, ritual objects, and sacred texts spanning Asia, including a notable gray schist bodhisattva Avalokiteshvara from Gandhara (c. 200 CE). The exhibition highlights the transformative work of curator Pratapaditya Pal, who from 1970 built LACMA's Indian, Himalayan, and Islamic collections into one of the nation's premier repositories.

The biggest selling Irish artists – and how to start investing

Art Price's annual list of the world's 500 most saleable contemporary artists features five Irish artists, led by Sean Scully at number 16. Scully's auction record is $2,046,500 for his 1985 painting "Song." The other listed artists are Graham Knuttel (ranked 202), Liam O'Neill (376), and Genieve Figgis (350), with their market performance and notable auction results detailed. The article also cites commentary from independent art advisor Arabella Bishop on each artist's market appeal and investment potential.

Picasso or Bitcoin? How art’s status is changing among the super-rich

Christie's and Sotheby's reported nearly flat first-half 2025 sales of $2.1bn and $2.2bn respectively, with Christie's 20th/21st-century art sales down 2% but luxury up 29%. The Mei Moses Art Index shows over 50% of auction lots sold at negative compound annual returns, which analyst Michael Moses calls 'the worst overall financial performance in the 21st century.' Meanwhile, Bitcoin, gold, and stocks have significantly outperformed art, with BlackRock's Bitcoin ETF alone attracting $84bn—far exceeding the global art market's total value. A record $43.9m Canaletto sale to a Bezos-linked buyer underscores that top-tier works still command attention, but the broader trend suggests wealthy investors are prioritizing financial returns over art as a status symbol.

Yuan Fang’s Visceral Paintings at Skarstedt Confront the Body’s Fragility and Its Strength

Yuan Fang presents a new series of visceral abstract paintings at Skarstedt Chelsea, created after she was diagnosed with cancer. The works mark a shift from her earlier gestural abstraction, confronting the fragility and resilience of the body through intuitive, layered processes that evoke cycles of generation, decay, and rebirth. Fang, who gained international attention during the pandemic, joined Skarstedt last year and continues to attract collectors in Hong Kong and beyond.

Bollywood Star Sonam Kapoor on the Women Who Shaped Her Eye for South Asian Art

Bollywood star Sonam Kapoor discusses her evolution as an art collector, shaped by the women in her family—her mother Sunita Kapoor and aunt Kavita Singh, a Mumbai-based interior designer and art curator. Kapoor began collecting instinctively, drawn to South Asian modernists like Amrita Sher-Gil and Manjit Bawa, but has recently shifted toward contemporary works and underrepresented artists, especially women and those outside major art hubs. She sources art from galleries such as Jhaveri Contemporary, Chemould Prescott, and Nature Morte, as well as auction houses including Christie’s, Sotheby’s, and Saffronart. Kapoor was on the host committee for the Serpentine Summer Party in London, where she admired Arpita Singh’s first institutional solo show outside India.

Treasure House Fair hopes to be the flagship summer event London desperately needs

Thomas Woodham-Smith and Harry Van der Hoorn are staging the third edition of the Treasure House Fair at London’s Royal Hospital Chelsea, running until 1 July. The fair, which launched hastily in 2023 after the collapse of Masterpiece London, features 72 exhibitors spanning ancient to contemporary art, design, jewellery, antiques, and even a meteorite. Woodham-Smith reports a mood of optimism despite global turmoil, with strong ticket sales and a 40% share of new exhibitors, including many from outside the UK.

Chicago's cultural affairs department hits crisis point

Chicago's Department of Cultural Affairs and Special Events (DCASE) is in crisis, with at least 18 staff members—about 25% of the department—leaving since Mayor Brandon Johnson appointed former legislative director Clineé Hedspeth as commissioner last year, replacing Erin Harkey (who became CEO of Americans for the Arts). Multiple formal complaints have been filed against Hedspeth alleging bullying, and staff report a lack of communication and strategic direction amid funding challenges. A new advocacy group, Artists for Chicago, delivered a letter with 270 signatures to the mayor on April 14, expressing concerns about dysfunction and unmet needs in the arts sector.

The Nahmad family ordered to return a Nazi-looted Modigliani, valued at 21.5 million euros, to a French farmer

La famille Nahmad sommée de restituer à un agriculteur français un Modigliani spolié par les nazis, estimé à 21,5 millions d’euros

The New York State Supreme Court has ordered the restitution of Amedeo Modigliani’s 1918 painting, 'Seated Man (with a Cane)', to Philippe Maestracci, the grandson of Jewish art dealer Oscar Stettiner. The artwork, valued at approximately €21.5 million, was looted from Stettiner’s Paris gallery by the Nazis in 1944. Despite a 1946 court ruling in Stettiner's favor, the painting remained hidden for decades before being acquired in 1996 by the billionaire Nahmad family through an offshore entity.

Comment un père et sa fille ont dupé le marché de l’art avec de faux Picasso et Banksy

A Polish father-daughter duo, Erwin Bankowski (50) and Karolina Bankowska (26), orchestrated a major art forgery scheme between 2020 and 2025, selling over 200 fake artworks attributed to Andy Warhol, Banksy, Pablo Picasso, Andrew Wyeth, and others through top auction houses and galleries in New York and across the United States. They pleaded guilty in federal court in Brooklyn to conspiracy to commit wire fraud and misrepresentation of Native American goods, facing up to 20 years in prison, with sentencing set for August 5. The fakes, produced by an unidentified Polish artist, were sold for at least $2 million, with the highest known sale being a fake Richard Mayhew landscape that fetched $160,000 at DuMouchelles in Detroit.

art exhibition biennials this year curators

In 2026, a rare alignment of major biennial exhibitions will take place globally, including the Venice Biennale (opening May 9, curated by Koyo Kouoh), MoMA PS1's Greater New York, the Whitney Biennial, and the Bronx Museum's AIM Biennial, alongside events in Toronto, Pittsburgh, Gwangju, Sydney, Diriyah, and Busan. CULTURED interviewed curators from four of these shows—such as Marcela Guerrero and Drew Sawyer of the Whitney Biennial—to explore how these sprawling group exhibitions come together, revealing a trend toward smaller, internally organized shows with less declarative themes.

Sony world photography awards 2026 – in pictures

The 2026 Sony World Photography Awards have announced their top honors across professional, open, student, and youth categories. Notable winners include Citlali Fabián for her series on Indigenous activists in Mexico, Seungho Kim for a project exploring the intersection of parenting and pet ownership in South Korea, and Dafna Talmor for her abstracted, collaged landscapes. The winning works span a diverse range of subjects, from the documentation of a fire at the Royal Academy of Fine Arts in Stockholm to intimate portraits of faith at the Vatican.

Artnet Makes Significant Layoffs Following Consolidation with Artsy

Artnet has implemented sweeping layoffs following its consolidation with Artsy under a single leadership team led by CEO Jeffrey Yin. The cuts have severely impacted Artnet News, resulting in the departure of veteran senior reporters Sarah Cascone and Eileen Kinsella, while Andrew Russeth has been named interim editor. Additionally, Artnet’s German entity is being wound down, affecting the Berlin-based team responsible for the platform's online sales operations.

hispanic society spanish fashion

The article examines 'Spanish Style: Fashion Illuminated,' an exhibition at the Hispanic Society Museum in New York curated by Amanda Wunder. It explores how Spanish fashion from the Habsburg dynasty (1516–1700) used luxurious materials like logwood black, gold, silver, silk, and lace to project imperial power and religious austerity. The show features portraits of royalty and nobility, including works by Diego Velázquez and Juan de Pareja, highlighting how clothing served as a uniform of status and belonging rather than individual expression.

parties marilyn minter artist documentary

On Saturday, the art world gathered in East Hampton for a special screening of the documentary *Marilyn Minter: Pretty/Dirty*, which chronicles the artist's life from addiction to icon. The invite-only event included appearances by Jeff Koons, Jane Fonda, Monica Lewinsky, Cindy Sherman, and other notable figures, followed by a dinner at the home of co-producer and collector Debi Wisch. The film explores Minter's unflinching feminist commentary and her decades-long challenge to conventional beauty and desire in contemporary art.

Art21 + DOC NYC Filmmaker Celebration

Art21 + DOC NYC Filmmaker Celebration

Art21 and DOC NYC co-hosted their third annual Filmmaker Celebration on November 18, 2025. The in-person event brought together over 140 independent filmmakers, producers, and other production professionals who have contributed to Art21's films over the past year, providing a social and networking opportunity at the close of a challenging year for the documentary community.

Maddy Inez talks to Phillip Edward Spradley

Maddy Inez, a Los Angeles-based ceramic artist, discusses her practice in an interview with Phillip Edward Spradley. Her work draws on California's natural environment and histories of displacement, using ceramics to explore maternal lineage, oral history, and plant-based knowledge. A key inspiration is a midwifery certificate belonging to her great-great-great grandmother from the era of enslavement. Inez's upcoming solo exhibition at Megan Mulrooney opens May 16, 2026.

Annual Juried Art Shows: How to Get Seen in Texas

Texas's art landscape is increasingly defined by its robust circuit of annual juried exhibitions, which serve as vital entry points for emerging artists. These recurring events, such as Lawndale’s The Big Show and Craighead Green Gallery’s New Texas Talent, provide a platform for artists to have their work reviewed by guest curators, museum professionals, and gallerists, often leading to formal representation or solo exhibition opportunities.

Savannah artists finding big ways in small places to stage exhibitions

Savannah artists are creating new exhibition spaces in small, unconventional venues to counter the city's lack of affordable studio and gallery space. Following the closure of several local galleries, nonprofit Arts Southeast has been fostering resilience, with new spaces like Cute Tomatoes Gallery, Pocket Space (hosted by Norwood Gallery), and Camaleon opening in 2025. These artist-run initiatives feature rotating shows, including a group exhibition of 19 female artists at Norwood Gallery and a multidisciplinary venue at Camaleon directed by SCAD graduate Alex Mendi.

Phillips’ Evening Sale of Modern & Contemporary Art More than Doubles Auction Total from the Previous Year

Phillips’ Evening Sale of Modern & Contemporary Art achieved a total that more than doubled the previous year's auction result, driven by strong demand for works spanning the 19th to 21st centuries. The sale opened with three lots exceeding their high estimates, including record prices for Lee Bontecou's rare 'Untitled' (1985-2001), which set a new record for any two-dimensional work by the artist after nearly five minutes of bidding. Other records were set for Pat Passlof, P.S. Krøyer, and Joseph Yaeger. Top lots included Andy Warhol's 'Sixteen Jackies' ($16.2 million), Claude Monet's 'La Route de Vétheuil, effet de neige' ($9.9 million), and Jackson Pollock's 'Untitled' ($9.2 million). The sale also featured works from The Collection of Ambassador John L. Loeb, Jr., which achieved a combined $8.4 million, with two Vilhelm Hammershøi works acquired by prominent institutions.

Christie's Hong Kong autumn sale drops 46% from last year but makes Picasso's record in Asia

Christie's 20/21st Century Autumn sale in Hong Kong on 26 September generated $72.6 million, a 46% drop from the same sale last year and roughly flat compared to its March sale. Despite the decline, a Picasso painting, *Buste de Femme* (1944), set a new Asia record at HK$196.75 million ($25.4 million) after a fierce bidding war. Other top lots included Zao Wou-ki's *17.3.63* (HK$85.2 million) and Yayoi Kusama's *Pumpkin [TWAQN]* (HK$34.66 million). The sale marked the first anniversary of Christie's Asia headquarters in the Henderson building. Sotheby's and Phillips also held autumn sales that weekend, with Sotheby's totaling HK$335.7 million and Phillips achieving HK$160 million.

Auction house Phillips presents highlights of the next art and design auction in Milan

La casa d’aste Phillips presenta a Milano gli highlights della prossima asta tra arte e design

Phillips auction house is presenting a selection of highlights from upcoming auctions and private sales in Milan during the city's Art Week and Salone del Mobile. The exhibition, staged in a space with architecture and furnishings by Dimoregallery and Dimoremilano, features significant Italian post-war art and design pieces, including a notable 1983 'Mappa' by Alighiero Boetti made in Kabul, works by Carla Accardi and Piero Dorazio, and a Carmen Herrera painting slated for auction in New York.

Painting LACMA's David Geffen Galleries with Light, Shadow, and Color

LACMA's new David Geffen Galleries, designed by architect Peter Zumthor, feature custom-tinted concrete walls that break from traditional museum aesthetics. The walls are coated with a transparent, nano-scale mineral glaze developed by Zumthor and Swiss craftsman Marius Fontana, manufactured by German company Keim. The palette—dusky red, vibrant blue, and nuanced black—was inspired by ancient Indigenous American pigments prepared by artist Porfirio Gutiérrez for the museum's exhibition "We Live in Painting: The Nature of Color in Mesoamerican Art." Diana Magaloni, LACMA's Senior Deputy Director for Conservation, Curatorial and Exhibitions, led the conceptualization and application of the glazes, which are designed to enhance the building's interplay of light and shadow without obscuring its raw concrete surfaces.

뉴뮤지엄 DEMO2026 Art, Design, and Technology Festival(6/3-5) - Lounge

NEW INC, the New Museum's cultural incubator, has announced the full schedule for DEMO2026, a three-day art, design, and technology festival running from June 3–5 at the New Museum's newly expanded OMA-designed building on the Bowery. The festival features keynote speakers including multimedia artist Lawrence Lek, cultural historian Dr. Sarah Elizabeth Lewis, artist and Ojas sound system founder Devon Turnbull, NTS Radio founder Femi Adeyemi, and artist-engineer Xin Liu. Public programming includes demonstrations, performances, workshops, and talks showcasing projects by 39 current NEW INC members, with a Track Showcase on view through June 10. This marks the first edition of DEMO held in the New Museum's expanded space since its reopening.

67 galleries will once again take over the Shed for Frieze New York

The Frieze New York art fair will return to the Shed in Manhattan for its sixth edition this May, featuring 67 galleries. This marks the first edition since the fair's parent company was acquired by Ari Emanuel's Mari. The event will coincide with several other New York art fairs and major spring auctions, creating a competitive landscape for collectors' attention as it follows closely on the heels of the 2026 Venice Biennale opening.

Storm over closure of South Africa’s much-loved Irma Stern Museum

The Irma Stern Museum (ISM) in Cape Town, South Africa, was abruptly closed in October 2024 after the University of Cape Town (UCT) and the Irma Stern Trust ended their 56-year partnership. The museum, housed in Stern's former home The Firs, displayed her collection of artifacts and her own works. The closure sparked public outrage over lack of transparency, with staff removed without clarity and the announcement made only after pressure. The trust, owned by Nedgroup Private Wealth, plans to relocate artworks to a new storage facility and repurpose The Firs, but no reopening date has been set.

Bing Crosby’s collection brings a white-glove Christmas to Sotheby’s

Sotheby's achieved a white-glove auction of Bing Crosby's personal collection in New York, selling all 100% of lots for $6.7 million against an estimate of $3.9–$6.3 million. Highlights included musical arrangements from Crosby's 1954 film *White Christmas* ($19,050), a Tiffany & Co cigarette box gifted by John F. Kennedy ($15,240), a Sheraton-style grand piano from *High Society* ($95,250), and a Fabergé sapphire mouse ($355,600). Top prices were led by paintings by Sir Alfred James Munnings ($1.2 million) and Charles Marion Russell.

In Oregon, a One-Night Art Exhibition Within a Midcentury Home

A one-night, invitation-only exhibition titled "The Open House" took place within a private midcentury home in Oregon, designed by modernism pioneer Robert Rummer. Curated by Lena Vasilenko and Emma Strgar of the experiential agency Ethereal Reflections, and presented by Marisa Swenson of Modern Homes Collective, the group show featured works by contemporary artists including Stephanie Ketty, Christopher Belluschi, Ben Latham, Aremy Stewart, and Carvers Collective. The installation was designed to integrate the artworks with the architecture, encouraging reflection on how art enhances domestic space.