A new art center debuts in an old Denver fortune cookie factory

Amanda Precourt is opening the Cookie Factory, a new art space in Denver's Baker neighborhood, on May 24. Housed in a former fortune cookie factory that Precourt purchased in 2017, the 5,700-square-foot venue features four exhibition rooms, two solo shows per year, and monthly activations. The inaugural activation on June 21 will include yoga and sound baths led by local healers. Precourt, a Denver native and philanthropist, has transformed the dilapidated building with her partner, artist Andrew Jensdotter, and added a second-story apartment for her personal contemporary art collection. The space will not display her collection but will commission new works inspired by Colorado's environment.

The Big Review | The reopening and rehang of the Sainsbury Wing, National Gallery, London ★★★★★

The National Gallery in London has reopened its Sainsbury Wing after a renovation led by architect Annabelle Selldorf, designed to create a more welcoming entrance. The wing, originally designed by Robert Venturi and Denise Scott Brown in 1991, now features a transformed ground floor with double-height spaces, improved lighting, and a new piazza linking to Trafalgar Square. The reopening coincides with the gallery's bicentenary and a major collection rehang titled "C C Land: the Wonder of Art," sponsored by a Hong Kong property developer. Old favorites like the chapel-like space for Piero della Francesca's works are restored, and new commissions, including Richard Long's "Mud Sun," greet visitors.

Tefaf New York: determination in the face of Trump’s tariff chaos

Tefaf New York returns to the Park Avenue Armory with 91 exhibitors from four continents, presenting 7,000 years of art amid uncertainty caused by President Donald Trump's recently announced tariff regime. The fair's director, Leanne Jagtiani, sent a letter to exhibitors acknowledging the "significant impacts" on the industry, assuring them of close communication with shippers and legal advisers, and advocating for the exclusion of artworks from potential EU reciprocal tariffs. While artworks are understood to be exempt, antiques and contemporary works in unconventional materials may be subject to the new tariffs, creating confusion among dealers and collectors.

Drones, Uncle Sam, and Grand Master Rafael: 10 Must See Exhibits This Spring

New York City’s museum landscape is entering a major spring season characterized by high-profile retrospectives, institutional reopenings, and the 82nd Whitney Biennial. Key highlights include a massive Raphael survey at the Metropolitan Museum of Art featuring over 200 works, the reopening of the expanded New Museum with a tech-focused exhibition on the future of humanity, and a major survey of sculptor Carol Bove at the Guggenheim. The season also features thematic shows exploring American folk art, Dutch Golden Age masterpieces, and the relationship between Frida Kahlo and Diego Rivera.

Texas Man Who Orchestrated $20 M. Crypto Scam Based on Fictitious Van Gogh and Picasso Masterpieces Sentenced to 23 Years in Prison

A Houston man, Robert Dunlap, was sentenced to 23 years in federal prison for orchestrating a $20 million cryptocurrency scam. Between 2018 and 2023, Dunlap defrauded nearly 1,000 investors by promoting a digital asset called “Meta-1 Coin,” falsely claiming it was backed by a $1 billion art collection featuring works by Salvador Dalí, Vincent van Gogh, and Pablo Picasso, as well as $44 billion in gold. He used forged legal and insurance documents to conceal that he owned neither the art nor the gold. A federal jury in the Northern District of Illinois convicted him on mail fraud charges in 2025, and US District Judge LaShonda A. Hunt imposed the sentence, also ordering restitution.

Pittsburgh Shows Off New Public Art Projects in Advance of NFL Draft

Pittsburgh has unveiled over 35 new public art installations across its downtown area in preparation for the influx of visitors for the NFL Draft. The projects, funded by the Pittsburgh Downtown Partnership, include light installations, murals, and window displays by local artists, designed to revitalize empty storefronts and underused blocks.

Prominent German Art Foundation Accuses Top Culture Official of ‘Attempted Intimidation’

Jurors from the Kunstfonds Foundation, a major German contemporary art funding body, have accused Minister of State for Culture Wolfram Weimer of attempted intimidation and political interference. The conflict erupted after Weimer requested the names of the independent jury members, a move the foundation views as a threat to artistic freedom. This follows a separate controversy where Weimer reportedly consulted domestic intelligence to exclude bookstores with left-wing leanings from a national award.

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Egidio Marzona, the influential German-Italian collector, publisher, and patron, has died at the age of 81 in Berlin. Renowned for his intellectual approach to collecting, Marzona focused on the 20th-century avant-garde, including movements such as Bauhaus, Dada, Fluxus, and Arte Povera. Unlike traditional collectors, he prioritized the preservation of archives, letters, and ephemera alongside physical artworks, viewing the "paper trail of ideas" as essential to understanding artistic history.

Venice Biennale Russia Pavilion Return Controversy

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The Venice Biennale is facing intense backlash following the announcement that Russia will return with a national pavilion for the 2026 edition, marking its first official participation since the 2022 invasion of Ukraine. Ukrainian Foreign Minister Andrii Sybiha and various international activists have called for Russia's exclusion, arguing that the platform is being used to whitewash war crimes and exert political influence. In response, the Biennale leadership has maintained a policy of non-exclusion, stating that any country recognized by Italy has an autonomous right to participate.

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The Venice Biennale has released the artist list for its 61st edition, titled "In Minor Keys," featuring 111 participants. This edition is historically unique as its curator, Koyo Kouoh, passed away in May 2025 during the exhibition's development, leaving a team of advisors including Gabe Beckhurst Feijoo, Marie Helene Pereira, and Rasha Salti to realize her vision. The exhibition focuses on understated, poetic sensibilities and living artists, a departure from the larger, historically-focused surveys of recent years.

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Art Basel's inaugural edition in Doha has arrived, bringing with it new collectors and galleries seeking institutional interest. The event has prompted Doha's museums to stage significant exhibitions that emphasize historical depth and architectural legacy, rather than catering to fleeting market trends.

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Christie's closed 2025 with $6.2 billion in projected global sales, a nearly seven percent increase from $5.8 billion in 2024 and in line with its 2023 total. Auction sales reached $4.7 billion, up eight percent year-over-year, while private sales held steady at $1.5 billion. The year's top lot was Mark Rothko's *No. 31 (Yellow Stripe)*, which sold for $62.1 million in New York. Other highlights include a record Picasso sale in Hong Kong ($25.4 million) and the Fabergé Winter Egg in London (£22.9 million). The house also saw strong performance from its automobiles business, Gooding Christie's, which delivered $234 million in sales. Geographically, the Americas grew 15 percent to $2.58 billion, while Asia-Pacific slipped 5 percent.

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Two New York art galleries run by dueling brothers are locked in a legal battle over the use of the name "Aicon." Projjal Dutta, representing Aicon Contemporary, filed a lawsuit in New York Supreme Court in October against his brother Prajit Dutta and director Harry Hutchison, who run Aicon Art and ArtsIndia.com. The suit alleges that the defendants have misleadingly used the names "Aicon Gallery" or simply "Aicon" instead of the agreed-upon "Aicon Art," causing confusion in the art market. The brothers previously operated the legacy Aicon Gallery together for 20 years before parting ways in 2019, but they still share the same address and phone number at 35 Great Jones Street.

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A 1969 Fender Competition Mustang guitar owned by Nirvana frontman Kurt Cobain is being auctioned by Christie's in March, with an estimated price of $2.5–$5 million. The guitar was used on the albums *Nevermind* and *In Utero*, as well as in the music video for "Smells Like Teen Spirit" and numerous live performances. It is part of the Jim Irsay Collection, assembled by the late Indianapolis Colts owner, which includes instruments from John Lennon, Jimi Hendrix, Prince, and others.

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A federal judge has denied a motion to dismiss music producer and art collector Kasseem Dean, known as Swizz Beatz, from a bankruptcy case tied to the 1MDB scandal. Dean and his two companies, Monza Studios and Swizz Beatz Productions, were named as defendants in a suit filed in October 2024 by joint liquidators Angela Barkhouse and Toni Shukla, seeking to recover $7.3 million allegedly transferred to Dean from entities controlled by Jho Low, the mastermind of the $7.65 billion 1MDB fraud. Judge Naomi Reice Buchwald ruled that the plaintiffs' claims are not time-barred, that they have standing, and that sufficient facts have been pleaded to proceed to discovery.

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Financier George Allen Weiss is seeking court approval to sell Claude Monet's painting *Nymphéas* (1914–17) for $36.5 million to an unnamed buyer, as part of his bankruptcy proceedings. Weiss filed for bankruptcy in June after a federal judge ruled he owed over $100 million in debt tied to his hedge fund, Weiss Multi-Strategy Advisers, which also filed for bankruptcy in 2024. The sale, handled through Weiss's GW Crown Holdings LLC, is intended to cover $123 million in debt to Bank of America, but Jefferies Strategic Investments has filed a limited objection demanding the buyer's identity be disclosed, citing a comparable Monet that sold for $65.5 million at Sotheby's.

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The New Yorker has commissioned six contemporary photographers—Marilyn Minter, Awol Erizku, Ryan McGinley, Collier Schorr, Camila Falquez, and Alex Prager—to reimagine historical illustrated covers for the magazine’s centennial. Each photographer created a celebrity portrait inspired by a past cover, such as Erizku’s photo of Spike Lee as Eustace Tilley and Minter’s recreation of a 1925 cover featuring actress Sadie Sink. The project marks only the third time in the magazine’s history that photography has been used for its cover.

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Jeff Poe, co-founder of the now-closed Blum & Poe gallery, gave an interview to Artnet News reflecting on his departure from the gallery in 2023 and the challenges of running a gallery. He spoke about the financial risks, travel, and exposure that led him to seek a simpler path, without mentioning his former partner Tim Blum. Separately, Hypebeast published a story titled 'The Slow Death of the Contemporary Art Gallery,' arguing that rising rents and changing expectations are forcing galleries to adapt, with collectors increasingly focusing on 'red-chip' artists driven by viral buzz rather than institutional backing.

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Billionaire collector Ronald Perelman's $410 million insurance trial has finally begun after seven years of litigation, over 1,500 court filings, and a 2018 fire at his East Hampton estate. The dispute centers on five paintings by Cy Twombly, Ed Ruscha, and Andy Warhol that survived the fire but were exposed to smoke and sprinklers. Perelman claims the works lost their market appeal—their "oomph"—while insurers at Lloyd's of London dispute any detectable damage and allege Perelman quietly tried to sell some of the pieces. The trial has also revealed that Perelman sold over 70 works from his collection after a margin call from Deutsche Bank, with some contested paintings used as collateral.

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Singer Ed Sheeran is presenting a series of abstract paintings titled the “Cosmic Carpark Paintings” at Heni Gallery in London, with the exhibition opening this Friday. The works, made by dripping and splashing paint onto canvases placed on the floor, closely resemble Jackson Pollock’s drip paintings. Sheeran’s foundation is selling prints for £900 each, with 50% of proceeds benefiting UK schools. Sheeran told the Guardian he painted in a disused Soho car park during tour downtime, and the gallery’s press release describes the works as “inspired by celestial patterns” without mentioning Pollock.

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The article examines the appearance of Antony Gormley's iconic 1998 sculpture *Angel of the North* in the zombie film *28 Years Later*. The Cor-Ten steel work, which towers 66 feet tall near Gateshead, appears in an overgrown field as a symbol of post-apocalyptic abandonment, reflecting the film's themes of failed quarantine and societal collapse. Director Danny Boyle and screenwriter Alex Garland use the sculpture to critique conservative British politics, with the film's ending making explicit reference to a British celebrity posthumously accused of rape.

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The sale of Gustav Klimt's *Portrait of Fräulein Lieser* (1917), which fetched €35 million ($37.51 million) at im Kinsky in Vienna in 2024, has collapsed after the anonymous Hong Kong buyer withdrew. The buyer had attempted to negotiate indemnification settlements with all known heirs of Adolf and Henriette Lieser for 60% of the sale proceeds, but one heir refused to sign, causing the deal to fall through. The auction house now faces estimated losses of at least €1.5 million ($1.7 million).

New Bienal de Yucatán to spotlight Mexican region’s growing art scene

The city of Mérida is set to host the inaugural Bienal de Yucatán from November 2026 to February 2027, marking a significant milestone for the region's burgeoning contemporary art scene. Spearheaded by patron and curator Catherine Petitgas with artist Abraham Cruzvillegas serving as artistic director, the biennial aims to provide a formal platform for the city's dense ecosystem of over 40 galleries, international artist studios, and the Universidad de las Artes de Yucatán (UNAY). The announcement follows the successful debut of the Week of Art Yucatán (WAY), a multi-venue festival that showcased the city's unique blend of repurposed industrial spaces and traditional haciendas.

American Folk Art Museum Workers Picket Gala, Calling for Higher Wages

Workers at the American Folk Art Museum in New York City, represented by UAW Local 2110, picketed the museum's annual gala at the Mandarin Oriental in Manhattan on May 6, 2026. They demanded higher wages and better benefits after contract negotiations stalled for nearly two years. Frontline workers earn $19 per hour, about $12,000 below the city's living wage, while the museum's CEO Jason Busch earned $321,882 in 2024. The union requested a three-year contract raising wages to $30 per hour, but management offered only $21.50 and refused to guarantee existing benefits, leading to the protest.

First Impressions of a Venice Biennale Torn Apart by the Present

The 61st Venice Biennale, titled "In Minor Keys," opens amid turmoil: its curator Koyo Kouoh died of cancer during planning, and the festival jury resigned after a controversial statement about excluding Israel and Russia from prizes, replaced by a Eurovision-style people's choice award. The main exhibition, completed by a team of five collaborators using Kouoh's plans, features over 110 artists and collectives, with highlights including works by Big Chief Demond Melanchon, Tammy Nguyen, Guadalupe Maravilla, Ayrson Heráclito, and a section focused on Michael Armitage's Nairobi Contemporary Art Institute.

Treasures From Matthew Perry’s Estate Head to Auction for a Good Cause

Heritage Auctions will sell a trove of artifacts from Matthew Perry's estate starting June 5, including scripts and memorabilia from the sitcom *Friends*, artworks by Banksy and Mel Bochner, and personal items like a 3D portrait of his invented superhero "Mattman." Proceeds benefit the Matthew Perry Foundation, a nonprofit focused on ending addiction stigma and expanding access to evidence-based care, founded after the actor's death in 2023.

Why London’s Whitechapel Gallery Hired an Economist

London's Whitechapel Gallery has appointed economist Mariana Mazzucato as its first economist-in-residence, a three-year role aimed at rethinking how museums generate revenue and demonstrate social value. The gallery faces a £880,458 deficit, a 325% increase from the previous year, due to declining exhibition income, reduced trust and foundation funding, and cuts in Arts Council England grants. Mazzucato, a professor at University College London and director of the Institute for Innovation & Public Purpose, will advocate for treating culture as a strategic public investment.

How Art Firms Are—or Should Be—Using A.I. Right Now

Art firms are increasingly experimenting with artificial intelligence, but concrete use cases remain limited and industry-specific tools are still in their infancy. A new partnership between Bonhams and tech company ARTDAI aims to apply AI to market analytics, valuation, and specialist research, while companies like Artsy and Artnet are integrating AI capabilities into their platforms. Industry experts, including former Art Basel chief Marc Spiegler, note that the art market's small size has historically discouraged tech development, but AI now makes high-performance tools accessible to smaller businesses.

New UCCA CEO Kong Lingyi on the Beijing Institution’s Future

Kong Lingyi has been appointed as the new CEO of the UCCA Center for Contemporary Art in Beijing, succeeding Philip Tinari who stepped down shortly before the Lunar New Year. A veteran of the institution since 2012, Kong previously served as vice president of brand and is now tasked with overseeing UCCA’s multiple branches in Beijing, Beidaihe, and Yixing. Her leadership marks a shift toward a new management structure focused on institutional sustainability and public accessibility.

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Art collector David Nahmad has publicly denied allegations that Amedeo Modigliani’s "Seated Man with a Cane" (1918) is Nazi-looted property. Following revelations from the Panama Papers that Nahmad is the true owner of the painting via the International Art Center, he defended his provenance, claiming the work sought by the heirs of Jewish art dealer Oscar Stettiner is a different painting entirely. Nahmad asserted that if the work is definitively proven to be looted, he will return it, but he currently maintains that the historical documentation regarding a 1944 sale at Drouot refers to a self-portrait, not the work in his possession.