The Works, Trends, and Artists Artnet Specialists Can’t Stop Thinking About

Artnet Auctions has three sales currently live: Post-War and Contemporary Art (through May 20), Contemporary Editions (through May 29), and Private Sales for immediate purchase. Three Artnet specialists highlight key lots: Robert Rauschenberg's 'Corridor (Hoarfrost)' (1978), Emily Mason's 'Express Report' (1988), and Andy Warhol's 'Double Mickey Mouse' (1981). The specialists discuss market trends, including the growing importance of artist foundations in supporting scholarship and market health, the rapid revaluation of post-war women abstractionists like Mason, and shifts in the prints market as consignors leverage demand.

Canadian Masterworks Lead Heffel’s Spring Sales

Heffel Fine Art Auction House will hold its Spring Auction on May 21, 2026, featuring two sessions: Post-War & Contemporary Art and Old Master, Impressionist, & Modern Art. The sale, held in Toronto and online, includes works by Canadian masters such as Alex Colville, Jean-Paul Riopelle, Guido Molinari, and E.J. Hughes, with top estimates reaching up to $1.75 million CAD for Hughes' 'Coastal Boats Near Sidney, BC'.

art artist couples eric firestone gallery

A new exhibition titled “Couples” at Eric Firestone Gallery in New York features the work of 26 artist-partners, exploring how they navigate material, color, and form in complementary ways. The show runs through May 2. CULTURED magazine brought together five duos from the exhibition to answer questions about mixing professional and personal lives, with each artist responding without seeing their partner’s answers. Featured couples include Caitlin Lonegan and Spencer Lewis, who discuss topics such as sharing studios, jealousy, and role models like Charline von Heyl and Christopher Wool.

Richter and Judd works top Christie's solid if not stellar sale of post-war and contemporary art

Christie’s held a two-part evening sale on May 20, featuring 42 lots from the estate of dealer Marian Goodman and the single-owner collection of Henry S. McNeil Jr. The auction achieved a hammer total of $132 million ($162.6 million with fees), just above the low end of its pre-sale estimate. The top lot was Donald Judd’s untitled plexiglass and copper stack sculpture, which sold for $12.8 million with fees, setting a new record for a Judd stack at auction. A surprise standout was Richard Artschwager’s Two-Part Invention (1967), which hammered at $500,000—more than six times its high estimate. The McNeil collection achieved a white-glove sale, while all but two of the eight Gerhard Richter works from the Goodman collection were guaranteed by third parties.

Phillips’ $115.2 Million Evening Sale Was a Testament to the Power of Pre-Planning and Priority Bidding

Phillips’ Modern & Contemporary Art Evening Sale on May 19 achieved a white-glove result, totaling $115.2 million across 41 lots—a 122 percent increase from May 2025. The sale saw strong performances from works by Lee Bontecou, Salman Toor, and Cecily Brown, with Bontecou’s 1985 pastel on canvas setting a record for a two-dimensional work by the artist at $4.2 million. Other top lots included Andy Warhol’s *Sixteen Jackies* (1964) at $16.2 million, a Monet landscape at $9.3 million, and a Joan Mitchell at $6.9 million. Notably, less than half of the lots were guaranteed, with Phillips’ Priority Bidding incentive—offering a 4 percent discount on buyer’s premium—contributing to the strong results, as more than half of the lots attracted such bids.

Sotheby’s $433 Million Contemporary Evening and Mnuchin Sales Kicked Off New York’s May Marquee Auctions

Sotheby's held two major evening sales in New York—the Mnuchin collection sale and The Now & Contemporary Evening Auction—generating a combined $433.1 million. The Mnuchin sale achieved a white-glove result of $166.3 million, led by Mark Rothko's *Brown and Blacks in Reds* (1957) which sold for $85.8 million, while the contemporary auction reached $266.8 million, with Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* as the top lot. The results fell within presale estimates but marked a 133% increase over last May's contemporary sales.

‘Learning Exchange: Artists Matter’ Comes to Los Angeles

On Saturday, 2 May 2026, Hauser & Wirth Downtown Los Angeles hosted 'Learning Exchange: Artists Matter,' a gathering focused on how artists can build mentorship pathways, strengthen community partnerships, and expand arts access for young people. The event featured a conversation between Senior Director of Learning Debbie Hillyerd and artist Mark Bradford, who discussed his socially engaged practice, followed by testimonials from two young learners from the nonprofit Culture for One. The program marked the gallery's 10th anniversary of learning programs in Los Angeles and was held alongside the exhibition 'Destiny Is a Rose: The Eileen Harris Norton Collection.'

Art Events May You Cannot Miss in London

An Artlyst guide highlights several major art exhibitions opening in London in May 2026. Key shows include 'Zurbarán' at the National Gallery (the UK's first major monographic exhibition of the Spanish master in over 30 years), 'Rising Voices: Contemporary Art from Asia, Australia and the Pacific' at the V&A (a collaboration with QAGOMA featuring 40 artists), a James McNeill Whistler retrospective at Tate Britain (the first major European show in 30 years), and 'Winston Churchill: The Painter' at the Wallace Collection. Photo London is also moving to Olympia this year.

A $433 Million Boost for the Market

Sotheby's May 2026 auctions in New York generated $433.1 million in sales over under three hours, a 132.7 percent increase compared to the same period last spring, despite offering fewer lots. This strong performance signals a top-heavy recovery in the art market after three years of contraction. Separately, the Neue Galerie will merge with the Metropolitan Museum of Art in 2028, and Art Dubai continues despite disruptions from the U.S.-Iran war.

Long-Hidden Keith Haring Artworks Come to Auction

A collection of rare Keith Haring artworks, gifted to his childhood friend Kermit Oswald over nearly three decades, is coming to auction at Sotheby’s Breuer Building in May 2025. The trove includes a self-portrait from 1985 (estimated at $3–5 million), a painted crib and dresser ($250,000–350,000), a carved wood sculpture from 1983 (up to $800,000), and other early works on wood, fabric, and paper. These pieces trace Haring’s artistic evolution before his subway drawings and international fame, and were kept by Oswald, who was Haring’s best friend since kindergarten and later installed his shows.

Fair Week in NYC!

New York City is hosting a packed week of art fairs in May 2025, including Frieze at The Shed, Independent Art Fair at Pier 36, TEFAF New York at the Park Avenue Armory, and NADA New York at the Starrett-Lehigh Building. The fairs feature hundreds of international galleries, with Frieze emphasizing Central and South American exhibitors, Independent exploring a dystopian theme, TEFAF offering antiquities and fine art, and NADA celebrating its 12th edition with 121 galleries. The article also notes recent major exhibitions at the New Museum, Whitney Biennial, MoMA PS1, The Met, and MoMA, and includes a guide to Upstate New York art destinations.

A Londra si allestisce un’installazione di Christo e Jeanne-Claude che non si era mai vista prima

An unprecedented installation by Christo and Jeanne-Claude, titled "Air Package on a Ceiling," is being exhibited for the first time at Gagosian's Grosvenor Hill space in London, opening May 21, 2026. The work was originally conceived in 1968 for the Institute of Contemporary Art in Philadelphia but never realized due to technical constraints. It was rediscovered in 2018 when Lorenza Giovanelli, Christo's former studio manager, found a detailed scale model hidden inside a pedestal. The exhibition also includes early works such as "Wrapped Automobile—Volvo, Model PV-544" (1981), not seen in thirty years, alongside preparatory drawings and collages.

DACA Artist Uses Thread to Weave Immigration Stories

Arleene Correa Valencia, a DACA recipient and Bay Area artist, presents her debut solo exhibition "CÓDICE •• SOBREVIVIENDO A LA PERSECUCIÓN" at Fridman Gallery in Manhattan, on view through May 2. The show features large-scale acrylic and textile works on amate bark paper, including a 16-foot-long piece depicting border-crossing narratives. Valencia collaborates with her father, mother-in-law, and papermaker Jose Daniel Santos de la Puerta, and incorporates childhood letters that poignantly reflect family separation and undocumented life.

Art Dubai Marks 20 Years with Special Edition Focused on Collaboration and Cultural Exchange – Friday, 15-17 May 2026.

Art Dubai returns to Madinat Jumeirah from 15–17 May 2026 for a special 20th-edition programme that reflects on the fair's evolution and reaffirms Dubai's role as a global cultural hub. Presented in partnership with A.R.M. Holding and Dubai Culture, the fair features approximately 75 presentations from commercial galleries, institutional partners, and cultural initiatives, with around 60% of participating galleries drawn from the region. Highlights include the Made Forward presentation from Dubai Collection, the 20th edition of the Global Art Forum titled 'Before and After Everything', and an exhibition of modern Arab art from the Barjeel Art Foundation. The fair also introduces an innovative risk-sharing model where booth costs are payable based on sales performance, and entry is free for all visitors.

Sotheby’s $304M Modern Evening Auction Confirms the Market Has Found Its Footing

Sotheby's Modern Evening Auction on May 19 achieved $304 million with a 98% sell-through rate across 45 lots, more than doubling the total from the equivalent sale in November. The auction was anchored by fresh-to-market masterpieces, including Henri Matisse's "La Chaise Lorraine" from the Barbier-Müller collection, which sold for $48.4 million—the second-highest price for a Matisse painting at auction. Other highlights included works from the Enrico Donati collection, which generated a combined $58.9 million, and Pablo Picasso's "Arlequin (Buste)" (1909) selling for $42.6 million. The sale contributed to a running combined total of $839.6 million for Sotheby's marquee sales, following strong results from the Mnuchin collection and Contemporary Day Auction.

The Top Collections Leading the May Marquee Auctions

The article reports that the May 2025 marquee auctions at Christie's and Sotheby's are being driven by a resurgence of major single-owner collections, reversing a period of trophy scarcity in the secondary market. Key collections include the $130 million Robert E. Mnuchin collection at Sotheby's, the personal collection of gallerist Marian Goodman at Christie's, and the S.I. Newhouse collection expected to generate around $450 million, featuring Jackson Pollock's 'Number 7A (1948)' and Constantin Brancusi's 'Danaïde (1913)'. The article notes that the ultra-high tier above $10 million rose 30% year-on-year, and single-owner collections in New York auctions totaled $730.9 million, an 89.9% increase from Q1 2025.

8 Must-See Art Exhibitions in Tokyo This May

This article, published by Tokyo Weekender, lists eight art exhibitions opening in Tokyo during May. The featured shows span a range of venues and styles, including a solo presentation by Yayoi Kusama at the National Art Center, a group show of contemporary Japanese photography at the Tokyo Photographic Art Museum, and an installation by teamLab at their borderless digital art museum. Other highlights include a retrospective of the Gutai movement at the Museum of Contemporary Art Tokyo and a showcase of emerging artists at the Mori Art Museum.

Rothko from Robert Mnuchin’s Estate Sells for $85.8 M., Leading Sotheby’s New York’s $433.1 M. Contemporary Art Sale

Sotheby’s New York held a $433.1 million modern and contemporary art sale at its Madison Avenue headquarters, led by Mark Rothko’s *Brown and Blacks in Reds* (1957), which sold for $85.8 million. The auction opened with 11 works from the estate of legendary dealer Robert Mnuchin, totaling $166.3 million, including a second Rothko and pieces by Willem de Kooning, Franz Kline, and Pablo Picasso. The contemporary art segment followed, with Jean-Michel Basquiat’s *Museum Security (Broadway Meltdown)* (1983) selling for $52.7 million. The overall sale was described by advisers as robust but not particularly exciting, and it significantly exceeded the $186.1 million equivalent sale from last year.

Unrealized Artwork by Christo and Jeanne-Claude Will Take Over Gagosian in London

Gagosian gallery in London will present "Christo: Air," an exhibition opening May 21 and running through August 21, featuring a never-realized artwork conceived by Christo and Jeanne-Claude in 1968. The centerpiece, "Air Package on a Ceiling," was originally planned for the Institute of Contemporary Art in Philadelphia but abandoned due to technical limitations. The work, a 32-by-52-foot internally illuminated suspended form, will be installed for the first time, along with other rare pieces including "Wrapped Automobile—Volvo, Model PV-544 (1981)," which has not been shown in 30 years. Studio manager Lorenza Giovanelli discovered the original plans in 2018, two years before Christo's death.

Jarvis Cocker Is Bringing His Eclectic Eye to the Hepworth Wakefield

Musician Jarvis Cocker and his wife, creative consultant Kim Sion, will curate an exhibition titled “The Hodge Podge” at the Hepworth Wakefield in the U.K., opening in May 2027. The show will feature artworks selected by the couple that challenge conventional definitions of art, spanning diverse media and time periods, with artists including Peter Doig, Barbara Hepworth, Jeremy Deller, and Emma Kunz. The exhibition will be bookended by an immersive Dreamachine, a 1959 light-art device by Brion Gysin and Ian Sommerville. Cocker and Sion have outlined their curatorial philosophy in a Hodge Podge Manifesto, celebrating beauty in chaos and disorder.

Botticelli under UK export ban purchased by Klesch Collection

A Botticelli painting, *The Virgin and Child Enthroned* (1470s), valued at £10.2 million, has been purchased by the Klesch Collection, a British private collection, after the UK government placed an export bar on the work in May 2025. The painting, which sold at Sotheby’s London in late 2024 for £9.7 million, will be loaned to the Ashmolean Museum in Oxford for three years, ensuring it remains in the UK.

British billionaire's £200m art collection most expensive ever offered in UK

British billionaire Joe Lewis will sell a tranche of his art collection in a standalone sale at Sotheby’s in London this June, estimated at £150m–£200m. This makes it the most valuable single-owner collection ever offered in the UK, surpassing the Pauline Karpidas collection which totalled £101m. Highlights include Gustav Klimt’s *Bildnis Gertrud Loew* (est £20m–£30m), Amedeo Modigliani’s *Homme à la pipe* (est £12m–£18m), and Francis Bacon’s *Two Studies for Self-Portrait* (est £8m–£12m). The sale follows a smaller March auction of four works from the Lewis collection that focused on School of London artists.

7 Books We’re Looking Forward to in May

ARTnews has published a list of seven art books to look forward to in May 2026, covering a wide range of topics from contemporary theory and AI imagery to historical biographies and the Venice Biennale. Featured titles include Dena Yago's collected writings 'That Figures,' Victoria Johnson's biography of Frederic Church 'Glorious Country,' Trevor Paglen's 'How to See Like a Machine,' Nicholas Fox Weber's 'Anni Albers: A Life,' Massimiliano Gioni's 'High Waters: An Oral History of the Venice Biennale,' Rennie McDougall's 'Nonstop Bodies: How Dance Shaped New York City,' and Paul Elie's 'Last Supper: Art, Faith, Sex and Controversy in the 1980s.'

$60 M. Lichtenstein Comes to the Block at Christie’s, Potentially Joining His Priciest Works at Auction

Christie’s will offer Roy Lichtenstein’s 1964 painting *Anxious Girl* from the collection of legendary New York collector-dealer Holly Solomon and her husband Horace, with an estimate of $40–60 million. If it reaches its high estimate, it will become the artist’s second-priciest work at auction, trailing only *Nurse* (1964), which sold for $95.4 million in 2015. The work leads Christie’s 20th-century evening sale on May 18, amid a flurry of high-value consignments as both Christie’s and Sotheby’s aim to sustain momentum after posting improved 2025 results.

What Is the Venice Biennale? Everything You Need to Know

The Venice Biennale returns for its 61st edition, running from May 9 to November 22, 2026. The event, often called the Olympics of the art world, comprises a central exhibition curated by an artistic director, national pavilions from dozens of countries, and officially approved Collateral Events. This year's edition was to be curated by Koyo Kouoh, a celebrated Cameroonian-born curator, but she died at 57 in May 2025 before announcing the title and theme, “In Minor Keys.” The Biennale organization has moved forward with a team of five curatorial advisers executing her vision. The event is overseen by president Pietrangelo Buttafuoco and is expected to draw over 800,000 visitors.

Edvard Munch Paintings for a Chocolate Factory Go on View in Norway

The Munch Museum in Oslo will open an exhibition titled “Edvard Munch and the Chocolate Factory” in May, featuring a series of large-scale paintings by Edvard Munch created in 1923 for the canteen of the Freia chocolate factory. Known as the Freia Frieze, these works depict summer life in a Norwegian coastal town and have never before been shown to the public outside the factory. The exhibition runs from May 21 to November 10 and includes related sketches from the museum’s collection.

5 Standout Shows to See at Small Galleries in May 2026

Artsy Editorial highlights five standout exhibitions at small and rising galleries for May 2026. Among them is British-born, Amsterdam-based painter K. T. Kobel's first major Swiss show, "Hand, Body, Object, Sin," at Kutlesa in Goldau, Switzerland, running through May 29. Kobel, who has exhibited from Los Angeles to Milan since 2022, presents cinematic, storyboard-like paintings that embrace fragmentation and loose ends.

20 superb exhibitions to visit during the Ascension weekend in Paris

20 superbes expos à visiter pendant le week-end de l’Ascension à Paris

Beaux Arts Magazine has curated a list of 20 must-see exhibitions in Paris for the Ascension long weekend (May 14–17, 2026). Highlights include Hilma af Klint's first major French retrospective at the Grand Palais, a Lee Miller survey at the Musée d'Art moderne de Paris, an Alexander Calder show at the Fondation Louis Vuitton, a Matisse exhibition focusing on his late works at the Grand Palais, and a Giovanni Segantini display at the Musée Marmottan Monet. The article also offers recommendations for family-friendly outings, free exhibitions, and evening openings.

"Kultursenator ist kein Nebenjob"

Berlin's finance senator Stefan Evers is set to additionally take on the role of culture senator following the resignation of Sarah Wedl-Wilson, a move criticized as a stopgap solution that creates a conflict of interest between austerity and cultural advocacy. Meanwhile, the Venice Biennale faces multiple controversies: critics question how to evaluate curator Koyo Kouoh's posthumous main exhibition "In Minor Keys," completed after her death in May 2025; Israeli artist Belu-Simion Fainaru speaks out against his exclusion from the Biennale competition, calling it politically biased and reminiscent of historical persecution; and German press decries the politicization of the Biennale, particularly the exclusion of Israel and Russia from the competition.

ArtReview April & May 2026 Issue Out Now

ArtReview's April & May 2026 issue explores boundaries and limitations in art, with a focus on the 61st Venice Biennale opening amid global conflicts. The cover features Japanese-American performance artist Ei Arakawa-Nash with his husband and twin babies, whose collaborative installation at the Japanese Pavilion incorporates the unpredictability of childcare. The issue includes coverage of controversial national pavilions (Russian, Israeli, American), profiles of artists representing Mongolia and Singapore, and features on Beverly Buchanan, Arthur Jafa, Richard Prince, and Zehra Doğan's report from Rojava. It also reviews the 82nd Whitney Biennial, the 25th Biennale of Sydney, and the 15th Shanghai Biennale.