Art Basel has launched its first edition in Doha, Qatar, with a deliberately small and tightly controlled format. The fair features only 87 galleries, all required to mount solo presentations, with strict limits on booth size, power sources, and rehanging of works. This creates a slower, calmer atmosphere distinct from its larger, more chaotic sister fairs in Miami and Paris.
Artnet News examines the top five auction results for Jean-Michel Basquiat, whose meteoric rise and tragic death at age 27 fueled a legendary market. The list includes works such as "Versus Medici" (1982), which sold for $50.82 million at Sotheby's in 2021; "El Gran Espectaculo (The Nile)" (1983), which fetched $67.1 million at Christie's in 2023; and "Untitled" (1982), which reached $85 million at Phillips in 2022. The article highlights the artist's synthesis of graffiti and Renaissance aesthetics, his relationships with figures like Andy Warhol, and the explosive growth of his market over the past decade.
Tony Shafrazi, the legendary and controversial New York art dealer, is returning to the art fair circuit for the first time since 2012 with a booth at the Independent 20th Century fair in New York. He is presenting works by Armenian sculptor Zadik Zadikian, whose installation of gold bricks Shafrazi first exhibited in Tehran in 1978 before they were lost in the Iranian Revolution, alongside paintings by Brandon Deener. Shafrazi, now in his 80s, closed his New York gallery in 2011 and was banned from Art Basel in 2012 for breaking the fair's rules.
A Paris court seized 135 allegedly stolen paintings from Paris-based art authenticators ArtAnalysis in January, which had been holding the works for collector Mozes Frisch. The pieces are part of a 1,778-work collection supposedly by heavyweight Russian modernists. Palestinian businessman Uthman Khatib and his son Prince Castro Ben Leon claim the works were stolen from them by Frisch in 2019, and are suing in Germany for return of the works or $323 million. ArtAnalysis owner Laurette Thomas, Frisch, and collector Olivia Amar are countersuing Khatib for return of the Paris-held works plus $30.5 million in damages. The Khatibs' law firm Dentons hired Doerr Dallas Valuations to appraise the 135 disputed works, which assigned a $208 million valuation but included a caveat, likely related to the fact that many works were listed on the Art Loss Register in 2014 during an investigation into disgraced Israeli art dealer Itzhak Zarug, who was suspected of dealing fakes.
Sotheby's three-part evening sale in New York on Thursday generated $186.1 million across 68 lots, landing near the high end of its $141 million to $204.9 million estimate. The sale included a focused 12-lot offering from the collection of late gallerist Barbara Gladstone, which sold all works without guarantees and totaled $18.5 million, and a 15-work guaranteed sale from dealer Daniella Luxembourg featuring postwar Italian artists, where Lucio Fontana's 'Concetto spaziale, La fine di Dio' (1963) achieved $14.5 million and Michelangelo Pistoletto's 'Maria Nuda' (1969) sold for $2.7 million after a five-minute bidding war.
Pace Gallery and Judin Gallery have opened a shared exhibition space in a converted 1950s gas station in Berlin's Schöneberg neighborhood, just ahead of Gallery Weekend Berlin. The venue, known as Die Tankstelle, was previously a museum dedicated to German artist George Grosz. Pace rents half the space from Judin founder Juerg Judin, with both galleries sharing operational costs. For the inaugural shows, Judin is exhibiting works on paper by Tom of Finland downstairs, while Pace shows works by Jean Dubuffet, Jean-Michel Basquiat, and Robert Nava upstairs. The galleries will alternate exhibitions, each mounting about three per year.
Hyperallergic interviews Los Angeles-based painter Keith Mayerson, who discusses his ongoing 'My American Dream' series—a cosmology of paintings blending American identity, activism, and popular culture. The conversation covers his early influences from comics, the Muppets, and Hunter S. Thompson, his transition from cartooning to painting, and his vibratory, swirling brushwork. Mayerson's work has been featured in the 2014 Whitney Biennial and is currently on view at the Aspen Art Museum and the Pollock-Krasner House.
Loïc Gouzer's auction platform Fair Warning will sell Banksy's *Girl and Balloon on Found Landscape* from the 'Crude Oils' series in an invitation-only live auction at Tiffany & Co.'s Fifth Avenue flagship store on May 20. The work, which carries a $13 to $18 million estimate, modifies a thrifted landscape painting with the artist's signature red heart-shaped balloon. It will be publicly viewable in the store before the sale.
Chicago’s spring art season features a diverse array of exhibitions, highlighted by Dabin Ahn’s solo debut at Document, which explores memory and grief through fractured canvases and Korean ceramics. The Art Institute of Chicago is hosting a tribute to the late Lucas Samaras, showcasing his experimental Polaroid self-portraiture, while the Museum of Contemporary Art Chicago (MCA) launches an ambitious group show examining the political and cultural impact of dancehall and reggaetón.
A long-unseen 12-foot-wide painting by Martin Wong, titled *Tai Ping Tien Kuo (Tai Ping Kuo)* (1982), will be exhibited at Art Basel Miami Beach next month courtesy of New York gallery P.P.O.W. The work, which features a rare nude portrait of the artist’s mother and stepfather, was last shown publicly in 1987 at the Asian Arts Institute in New York. It was kept in storage for decades because Wong’s mother, Florence Wong Fie, objected to its display out of modesty. The painting adopts a classical three-panel altarpiece format, blending Chinese American history with references to Western art, the Taiping Rebellion, and Wong’s own Lower East Side influences.
The Studio Museum in Harlem revealed its new building to the press ahead of its public reopening on November 15, showcasing a major new acquisition: Jean-Michel Basquiat's 1984 painting *Bayou*, the first Basquiat painting to enter the museum's collection. The work was gifted in 2023 by financier Joseph Perella and his wife Amy, with Joseph having mentored Raymond J. McGuire, an ARTnews Top 200 Collector and the museum's board chair.
Actor Adrien Brody debuted a new exhibition titled "Made in America" at Eden Gallery in New York, featuring paintings that incorporate pop culture icons like Mickey Mouse, Donald Duck, and Marilyn Monroe alongside collage elements and text. The show has garnered significant media attention, including a profile in the New York Times and praise from Cultured and Interview magazine, partly fueled by the sale of one of Brody's paintings for $425,000 at the amfAR Cannes Gala. However, the art press, including Artnet News, has been highly critical, with ARTnews reviewer Alex Greenberger describing the works as ugly, derivative, and lacking nuance.
Cristin Tierney, a seasoned art dealer, has opened a new gallery space in New York's Tribeca district, marking her fourth relocation in fifteen years. The inaugural exhibition, titled “Fifteen,” is a group show featuring over 30 artists who have shaped the gallery's identity, including Dread Scott, Mary Lucier, Judy Pfaff, and Shaun Leonardo. Tierney's move comes amid widespread reports of gallery closures, positioning her expansion as a strategic bet on the viability of midsize, independent dealers. The gallery's model combines a conceptual front-room program with secondary-market sales, a practice Tierney likens to the legacy of Leo Castelli.
Nacho Polo and Robert Onuska, co-founders of the design gallery Studiotwentyseven, discuss their art collection in an interview with The Art Newspaper. Housed in their Tribeca apartment, the collection spans painting, sculpture, and photography with an emphasis on materiality and sculptural form. They recount their first acquisition—Ron Gorchov's *Autolykos* (2019)—and their most recent purchase, Alex Katz's *Nine Women 5* (2009). The couple also shares their instinctive buying process, a regret over missing a Nick Cave sculpture, and their anticipation for the Jean and Terry de Gunzburg collection at Sotheby's this spring.
Maddox Gallery, a London-based gallery with three locations, has highlighted five artworks from its collection that it considers smart investments in the current art market. The featured works include Andy Warhol's $ (1) (1982) from his 'Dollar Signs' series, Banksy's Gangsta Rat (2004), Roy Lichtenstein's Crying Girl (1963), and David Hockney's Split Ink (2019). The article notes the strong market performance of these artists, citing Warhol's market growth from $402 million in 2000 to over $10 billion in 2025, and the recent Sotheby's sale of Lichtenstein estate works for more than $35 million.
The Whitney Museum of American Art is preparing to open its new Meatpacking District museum, designed by Renzo Piano, on May 1. The new building will nearly double the museum's previous exhibition space, with two floors dedicated to its collection, and is expected to benefit from the millions of visitors who use the High Line. Despite past public criticism of expansions by other major New York museums like MoMA and the Frick, insiders including former MoMA curator Robert Storr and former Whitney director David Ross express strong support for the move, viewing it as a necessary and bold step forward.
Le mostre da vedere a New York durante l’Art Week 2026
The article highlights a selection of must-see exhibitions in New York during the 2026 Art Week, spanning major museums and galleries. At MoMA, three shows explore memory, identity, and artistic experimentation: Elizabeth Murray's retrospective on fragmented painting, Naufus Ramírez-Figueroa's works addressing Guatemala's civil war, and Arthur Jafa's curated connections across the museum's collection. The Whitney Museum presents the 82nd Whitney Biennial, featuring 56 artists questioning what it means to be 'American,' alongside an Andy Warhol exhibition of rarely seen polaroids from 1972-73. Hauser & Wirth debuts its first Carol Rama show, highlighting six decades of her experimental, anticonformist art.
The Art Newspaper highlights five major lots from New York's May 2025 auctions. Phillips offers Joan Mitchell's diptych 'Plain' (1989), estimated at $5-7 million, from the collection of late Miami art patron Tina Hills. Christie's presents Donald Judd's rare copper and red Plexiglas 'Untitled (Stack)' (1969), estimated at $10-15 million, from the Minimalist collection of the late Henry S. McNeil Jr. Sotheby's leads with Jean-Michel Basquiat's 'Museum Security (Broadway Meltdown)' (1983), estimated above $45 million, and Mark Rothko's 'Brown and Blacks in Reds' (1957), estimated at $70-100 million from the collection of late dealer Robert Mnuchin.
The third edition of Abidjan Art Week recently concluded in Côte d’Ivoire, featuring extended gallery hours, bus tours, and exhibitions across diverse neighborhoods from the administrative Plateau district to the working-class area of Abobo. The event saw a significant expansion this year, with the number of participating galleries more than doubling and featuring artists from across the continent, including Cameroon, Mali, and the Democratic Republic of the Congo.
A series of 20 paintings by self-taught Gullah artist Sam Doyle are a highlight of this year's Outsider Art Fair in New York. The works, priced from $35,000 to $85,000, are presented by The Gallery of Everything and come from the collection of publisher and Intuit Art Museum co-founder Bob Roth.
Marcel Duchamp’s legacy continues to shape contemporary art through his pioneering use of readymades, conceptual rigor, and institutional critique. This analysis identifies eight modern and contemporary artists whose practices echo Duchamp’s subversion of traditional aesthetics, ranging from his early experiments with found objects to his later explorations of gender and mechanical desire.
How This Cannabis CEO Brings an Edge to Art Collecting
A cannabis industry CEO is applying the aggressive, data-driven tactics of his business to the art market, building a significant collection focused on underrepresented artists. Steve DeAngelo, co-founder of Harborside Inc., leverages his company's analytical approach to identify value and emerging trends, targeting works by artists of color, women, and LGBTQ+ creators that he believes are undervalued by the traditional market.
A major Jean-Michel Basquiat painting is expected to sell for more than $5 million in May.
A major painting by Jean-Michel Basquiat, titled *Portrait of the Artist as a Young Derelict*, will be auctioned at Christie’s in New York this May. The 1982 work is a prime example of the artist's raw, graffiti-infused style and is expected to fetch over $5 million. This sale is part of Christie’s marquee spring auctions, highlighting continued strong market demand for blue-chip contemporary art.
Fanny Pereire is a fine art coordinator for film and television, responsible for curating the art seen in the homes and offices of fictional characters, particularly the ultra-wealthy. Her work spans productions like *The Devil Wears Prada 2*, *Succession*, *Industry*, and *The Menu*, where she sources, reproduces, and often destroys artworks to ensure authenticity and copyright compliance. She typically uses high-quality replicas for expensive pieces and oversees their destruction after filming.
Mary Boone, the renowned gallerist who closed her eponymous gallery in 2019 after being sentenced to prison for tax evasion, has returned to the New York art scene. She is collaborating on the exhibition "Uptown/Downtown" at Lévy Gorvy Dayan, on view through December 13. The show features works by Jean-Michel Basquiat, Andy Warhol, Richard Prince, and Cindy Sherman, among others, and explores the 1980s New York art world. In an interview, Boone discusses her comeback, the optimism of the 1980s that allowed her to succeed as a woman without family connections, and the current re-examination of that era.
The article surveys several New York gallery exhibitions during the transition from spring to summer 2025, focusing on how the human body is depicted in contemporary art. Key shows include David Zwirner's "Circa 1995: New Figuration in New York," featuring works by John Currin, Lisa Yuskavage, Marlene Dumas, Luc Tuymans, Laura Owens, and Peter Doig; Skarstedt's "Andy Warhol: Oxidation Paintings," presenting Warhol's urine-reactive abstract works; and Rachel Harrison's "The Friedmann Equations" at Greene Naftali, which explores spectatorship and the somatic through photographs, drawings, and sculptures.
Christie’s New York held a trio of postwar and contemporary art evening sales on Wednesday night, totaling $162.7 million with fees, just meeting expectations. The auction was led by a Gerhard Richter painting, *Kerze (Candle)*, which sold for $35.1 million, and featured a collection of eight Richter works from the estate of revered dealer Marian Goodman, which collectively hammered at $66 million. Other highlights included a Donald Judd stack from the estate of collector Henry S. McNeil, selling for $12.8 million, and a Richter *Mohn (Poppy)* that achieved $20.1 million. Only one lot, an Ed Ruscha canvas, failed to sell.
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.
Sotheby's and Christie's are increasingly turning to private, invitation-only sales to move high-value artworks, bypassing the traditional auction model. Sotheby's recent "The Apartment" exhibition in London, featuring works by David Hockney, George Condo, and Jean-Michel Basquiat, sold half its $40 million inventory before the public even saw it. Christie's reported that its three most expensive paintings sold in 2025 were all private transactions, with the house trading $1.5 billion privately last year—nearly a quarter of its global sales.
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.