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art insurance los angeles wildfires

Ron Rivlin, owner of Revolver Gallery in Los Angeles and a prolific collector of Andy Warhol works, lost his Pacific Palisades home and 340 artworks—including 30 Warhols and pieces by Keith Haring, John Baldessari, Damien Hirst, Alex Katz, and Kenny Scharf—to the January 2025 wildfires that swept through Los Angeles County. The fires, fueled by powerful winds and dry conditions, consumed approximately 60,718 acres and 17,291 structures, killing 30 people. Numerous other artists, collectors, and arts professionals, including Beatriz Cortez, Amir Nikravan, Salomón Huerta, and curator Paul Schimmel, also reported losing homes and artworks.

sean combs sentencing art collection

Sean Combs, the rapper and record executive known as Diddy, was sentenced on Friday to 50 months in federal prison and fined $500,000 for two counts of transportation for prostitution. He was acquitted of racketeering and sex trafficking charges. The sentencing followed a trial that included testimony from his ex-girlfriend Cassie Ventura and an anonymous former employee alleging abuse. Combs apologized in court, calling his behavior "disgusting, shameful and sick." Judge Arun Subramanian noted that Combs's "immense financial resources enabled his crimes."

almaty museum of arts kazakhstan opens

The Almaty Museum of Arts (ALMA) opened on September 12 in Kazakhstan's largest city, becoming the country's first private museum dedicated to modern and contemporary art. Founded by auto and real estate tycoon Nurlan Smagulov, the museum houses his collection of over 700 artworks by Kazakh, Central Asian, and international artists. Led by artistic director Meruyert Kaliyeva and chief curator Inga Lāce, the museum's opening features a retrospective of Almaty-born artist Almagul Menlibayeva and a group show titled "Qonaqtar" that explores Kazakh art history and hospitality.

art world figures remember late patron agnes gund a legend and icon

Agnes Gund, a towering art collector and patron of New York's Museum of Modern Art, died Thursday in Manhattan at age 87. Following the announcement, artists and cultural workers including Roxana Marcoci, Glenn Ligon, Lorna Simpson, and Hoor Al Qasimi honored her memory on social media, recalling her friendship, generosity, and commitment to social justice. Gund spearheaded MoMA's 1990s expansion, founded the arts education nonprofit Studio in the School in 1977, and in 2017 sold Roy Lichtenstein's "Masterpiece" (1962) to launch the Art for Justice Fund, a $100 million grant initiative for criminal justice reform.

agnes gund dead moma art collecting

Agnes Gund, one of the most influential art patrons in the United States, has died at 87. Her collecting and philanthropy transformed the American art world, particularly at the Museum of Modern Art (MoMA), where she served as president from 1991 to 2002 and remained a life trustee. Gund helped fund MoMA's 2004 expansion, designed by Yoshio Taniguchi, and played a key role in bringing MoMA PS1 under the museum's aegis in 1999. She was a longtime donor of over 250 works to MoMA, including pieces by Jasper Johns, Elizabeth Murray, and Julie Mehretu, and appeared on the ARTnews Top 200 Collectors list every year from 1990 to 2018.

christies sale david hockney christopher isherwood

Christie’s will offer David Hockney’s double portrait *Christopher Isherwood and Don Bachardy* (1968) as a marquee lot in its 20th-century evening sale in New York this November. The painting depicts the English writer Christopher Isherwood and his American artist partner Don Bachardy in their Santa Monica home, and is the first of Hockney’s seven double portraits. No estimate has been announced. The work was previously featured in the “David Hockney 25” survey at the Fondation Louis Vuitton in Paris and in a 2017–18 Hockney retrospective that traveled from Tate Britain to the Centre Pompidou and the Metropolitan Museum of Art.

barbara jakobson collector moma trustee dead

Barbara Jakobson, a prominent art collector and longtime trustee of the Museum of Modern Art (MoMA), died at age 92 on August 25 in Manhattan due to pneumonia. Known for her extensive network of relationships with artists, dealers, and curators, she was a central figure in the New York art world for decades. Jakobson served on MoMA's board since 1974, helped found the Studio Museum in Harlem in 1968, and persuaded dealer Leo Castelli to donate Robert Rauschenberg's iconic work "Bed" (1955) to MoMA. Her Upper East Side townhouse, filled with works by artists such as Matthew Barney, Diane Arbus, and Robert Mapplethorpe, was a testament to her lifelong engagement with contemporary art.

jeff koons gagosian representation

Gagosian Gallery will once again represent Jeff Koons, the star sculptor who left the mega-gallery to join Pace in 2021. The announcement completes a return that began in May with a solo presentation at Frieze New York, where Koons showed three sculptures from his “Hulk Elvis” series. Koons had also been represented by David Zwirner at the time of his departure from Gagosian, but he does not appear to have rejoined Zwirner. Reports indicate that Koons split with Pace after a costly Meissen-inspired sculpture series required $50–100 million in investor support, which fell through when additional funds were needed.

figurative painting trend boom bust market politics zombie jennifer packer salman toor louis fratino

The article examines the narrative that figurative painting died and made a comeback, arguing instead that it never truly disappeared. It traces the art market's pendulum swing from zombie formalism around 2014 to a surge in figurative painting by 2015, fueled by collectors seeking new, affordable works to flip quickly. The piece highlights emerging painters like Gina Beavers, Mira Dancy, Jamian Juliano-Villani, and Greg Parma Smith, and notes that the boom created auction stars whose prices later crashed, as reported in a 2024 New York Times article.

america 250th anniversary exhibitions

Museums across the United States are preparing exhibitions to mark the 250th anniversary of American independence in 2026. The New York Historical will present "Democracy Matters," opening June 19, 2026, exploring voting, free speech, and land rights through works by Thomas Cole, Mel Chin, and Lady Pink alongside historic documents. The Museum of Fine Arts, Boston will debut "America at 250" on the same date, integrating Native and non-Native art with pieces like Gilbert Stuart's portrait of George Washington and a critique by Mohawk artist Alan Michelson. The National Portrait Gallery had planned "Amy Sherald: American Sublime" for September 2025, but Sherald canceled the show over censorship concerns in July 2025. The Philadelphia Museum of Art will host "A Nation of Artists" from April 2026 through September 2027, featuring Frederic Edwin Church's "Pichincha."

rauschenberg centenary shows

The Robert Rauschenberg Foundation is launching a global centenary celebration for the artist's 100th birthday, spanning 2025–2026. The program includes major exhibitions at seven institutions across five countries, such as "Five Friends" at Museum Brandhorst in Munich and Museum Ludwig in Cologne, photography shows at the Museum of the City of New York and Fundación Juan March in Madrid, and an exhibition at M+ in Hong Kong focusing on Rauschenberg's ROCI program. The foundation is also initiating grant-making initiatives to highlight Rauschenberg's legacy in art, technology, environmentalism, and social justice.

black arts institutions funding nea cuts

The National Endowment for the Arts (NEA) has announced funding cuts to arts organizations across the U.S. as part of broader government spending reductions under the Trump administration. These cuts disproportionately affect Black-led art institutions, including the Museum of Contemporary African Diasporan Art (MoCADA), Museum Hue, and the Billie Holiday Theatre, which rely heavily on federal grants for programming and operations. While some organizations received final payments or avoided returning funds, they face an uncertain future as critical funding streams are terminated or made ineligible for renewal.

kaws take over new york botanical garden

The New York Botanical Garden (NYBG) has announced that artist KAWS (Brian Donnelly) will take over its 250-acre landscape in 2027 with a large-scale, unnamed exhibition featuring his iconic sculptures such as Companion, BFF, and Chum. The show follows the model of NYBG's 2021 "Cosmic Infinity" exhibition by Yayoi Kusama, which drew around 845,000 visitors. The announcement also coincides with NYBG's current "Van Gogh's Flowers" display and a planned 2026 orchid show by Mr. Flower Fantastic.

blum a market force for three decades will close galleries

Blum gallery, a powerhouse with locations in Los Angeles and Tokyo, is closing its brick-and-mortar operations after 31 years. Founded as Blum and Poe in 1994, the gallery laid off most of its staff and will transition to a flexible studio model with no permanent public space or formal artist roster. The gallery represents high-profile artists including Yoshitomo Nara and Mark Grotjahn, whose works have sold for over $10 million. Co-founder Jeff Poe left the partnership two years ago, leaving Tim Blum in control alongside managing partner Matt Bangser.

kenneth griffin 13th amendment emancipation proclamation sothebys

Billionaire hedge funder and art collector Kenneth Griffin revealed he was the buyer of record-breaking copies of the Emancipation Proclamation and the Thirteenth Amendment, both signed by President Abraham Lincoln, at a Sotheby's New York auction. The Thirteenth Amendment sold for $13.7 million, more than five times the previous record, while the Emancipation Proclamation fetched $4.4 million. Griffin, founder of Citadel, is an avid collector of rare historical documents and high-value art, having previously purchased a copy of the U.S. Constitution for $43.2 million and major works by artists like Willem de Kooning, Jackson Pollock, and Jean-Michel Basquiat.

london summer auctions

London's summer auction season saw Sotheby's evening sale bring in $85.7 million, a significant drop from $105 million last year and a 70% decline from $280.1 million in 2015. Christie's opted out of an evening auction entirely, holding only a day sale that netted $12.7 million, while Phillips' combined sales totaled $17.6 million. Highlights included a Tamara de Lempicka painting selling for $10 million, a Jenny Saville drawing setting a new auction record at $2.11 million, and six works from the Dorothy and Roy Lichtenstein collection. The sales were described as 'sensible' by advisor Todd Levin, reflecting a cautious market post-Art Basel.

paint drippings art industry news jun 30

Sotheby's London modern and contemporary evening sale brought in $85.7 million, down from $105 million last year, with highlights including a $10 million Tamara de Lempicka and a record $9.6 million auction result for Jenny Saville's drawing 'Mirror'. In other market news, a crowdfunding campaign raised over £100,000 to help Bristol Museum acquire a rediscovered J.M.W. Turner painting, and a Tiffany Studio window sold for $4.2 million at Christie's. Galleries announced new representation deals: James Cohan now represents Ranti Bam, Maruani Mercier represents Kate Gottgens, and Yancey Richardson represents Karen Gunderson; Ronchini gallery is moving to a new Mayfair location. Tate launched a £150 million endowment fund, the Louvre announced an international architectural competition to address overcrowding, the Uffizi imposed selfie restrictions after a tourist damaged a painting, the Cleveland Museum of Art acquired a rare Giambologna marble, and Italy's culture minister pledged support for the return of the Parthenon Marbles to Greece.

price check art basel basel 2025

Art Basel in Basel has concluded, with galleries reporting hundreds of sales despite low expectations set by lackluster New York auction results. Dealers shared prices ranging from $1 million to $17 million, with top sales including David Hockney's *Mid November Tunnel* (2006) at Annely Juda Fine Art ($13M–$17M), a Ruth Asawa sculpture at David Zwirner ($9.5M), and a Gerhard Richter painting at David Zwirner ($6.8M). Other notable transactions include works by Keith Haring, Mark Bradford, Georg Baselitz, and George Condo, though many galleries provided only price ranges and withheld exact titles or mediums.

best art books for kids

This article from Artnet News presents a curated list of the best art books for children, featuring titles such as "Linnea in Monet's Garden," "Grandpa and the Library: How Charles White Learned to Paint," "Action Jackson," "Yayoi Kusama: From Here to Infinity," and "Frida Kahlo and Her Animalitos." Each book is described with its age range, a brief synopsis, and why it is recommended for inspiring young readers to engage with art and artists.

top auction results may 2025

Spring 2025 auction results at Christie’s and Sotheby’s in New York showed a mixed market. Major lots like Alberto Giacometti’s *Grande tête mince* failed to sell, and Andy Warhol’s *Electric Chair* was withdrawn. However, top sales included Piet Mondrian’s *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* for $47.56 million, Claude Monet’s *Peupliers au bord de l’Epte, crépuscule* for $42.96 million, and Mark Rothko’s *No. 4 (Two Dominants)* for $37.78 million. Works by Basquiat, Magritte, Picasso, and Richter also sold well.

leonard lauder cubist obituary

Leonard A. Lauder, the billionaire art collector, philanthropist, and cosmetics magnate, has died at age 92. Lauder helped grow his mother Estée Lauder's namesake business into a global cosmetics empire, serving as president, CEO, and chairman. He was also one of the most significant art philanthropists of his era, donating a Cubist art collection valued at over $1 billion—including 78 works by Picasso, Braque, Léger, and Gris—to the Metropolitan Museum of Art in 2014, later expanded with additional works and funding for the Leonard A. Lauder Research Center for Modern Art. He also made the largest gift in Whitney Museum history in 2008, worth $131 million, and amassed a collection of 130,000 historic postcards promised to the Museum of Fine Arts, Boston.

pauline karpidas collection sothebys

The private collection of legendary collector and patron Pauline Karpidas, featuring masterworks by Salvador Dalí, René Magritte, and Les Lalannes, will be auctioned at Sotheby’s London this September. Spanning 250 lots from her eccentric London home, the collection is expected to fetch over £60 million ($81 million), the highest estimate ever placed on a single collection at Sotheby’s Europe. Karpidas, who has collected for 50 years and supported artists like Damien Hirst and Tracy Emin, sees herself as a temporary custodian and is passing the works to a new generation.

damien hirst will keep making artworks after dies

Damien Hirst, the 59-year-old British artist and one of the world's wealthiest living artists, has revealed a plan to continue creating artworks after his death. In an interview with the London Times, Hirst described a system of 200 notebooks, each representing one year after his demise, which will contain instructions for artworks that collectors can buy the rights to produce. These rights will be tradable certificates, and the works will be signed by his descendants. The scheme allows for back-dating of works, including a sculpture of a pig in formaldehyde conceived in 1991 but never made, which could be fabricated 145 years after his death and dated to 1991. This follows criticism Hirst faced in 2024 for assigning 1990s dates to formaldehyde sculptures actually produced recently, which his company Science Ltd. defended as conceptual artworks dated by conception.

art bites robert rauschenberg erased de kooning drawing

American Pop artist Robert Rauschenberg created his controversial work *Erased de Kooning Drawing* (1953) by taking a drawing from Abstract Expressionist legend Willem de Kooning and erasing almost all of its marks. Rauschenberg, then 28, had recently returned to New York after studies at Black Mountain College and the Art Students League. He convinced de Kooning to donate a drawing for the project with a bottle of Jack Daniels, and de Kooning insisted it be a work he would miss. The erasing took about a month and wore down roughly 40 erasers. The finished piece, framed in a traditional gilded frame and inscribed by Jasper Johns, is now held by the San Francisco Museum of Modern Art (SFMOMA), which used infrared technology in 2010 to reveal traces of de Kooning's original charcoal-and-pencil figures.

rashid johnson nosedive auction

Rashid Johnson's mixed media work *Untitled Escape Collage* sold for $292,100 at Phillips's Modern and contemporary art day sale in New York on May 14, falling short of its low estimate and representing a 72 percent loss in value for the consignor, who had purchased it for $816,500 at the same auction house in 2022. The disappointing result coincides with Johnson's solo exhibition at the Guggenheim Museum in New York.

new york frieze auctions

Frieze New York kicked off at the Shed in Hudson Yards with a notable sale: Jeff Koons's Incredible Hulk sculpture (Tubas) purchased for around $3 million, signaling a reunion between the artist and Gagosian after his departure to Pace in 2021. Despite a cautious market amid President Trump's tariff uncertainties, dealers reported better-than-expected sales on VIP day, with a focus on affordable works in the $50,000-to-$200,000 range. However, challenges emerged including U.S. Customs delays affecting international shipments and tariff confusion that led some fashion designers to withdraw from the Esther II fair.

yayoi kusama georgia okeeffe pen pals

The article reveals the little-known friendship and correspondence between Japanese artist Yayoi Kusama and American modernist Georgia O'Keeffe. In 1955, a 26-year-old Kusama, inspired by O'Keeffe's work, wrote to her from Japan seeking guidance. O'Keeffe replied within 20 days, offering advice and encouragement, including urging Kusama to move to the United States and show her art widely. Their decades-long correspondence helped Kusama make her career-defining move to America, though the two met only once, in New York, six years after their first exchange.

mondrian christies riggio

Christie’s marquee auction on Monday night in New York generated $488.8 million in total sales, led by Piet Mondrian’s 1922 painting *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue*, which sold for $47.6 million—just shy of the artist’s $51 million auction record. The sale featured the Leonard & Louise Riggio collection, the largest single collection of the season, comprising 39 works estimated at $252–326 million; after one withdrawal and one unsold lot, the group achieved $271.9 million. Many high-profile lots, including works by Alberto Giacometti, René Magritte, Barbara Hepworth, Gerhard Richter, Mark Rothko, and Andy Warhol, sold on single bids to third-party guarantors, reflecting a cautious market.

phillips nets lean 52 million in new york led by basquiat that david bowie bought for

Phillips’s Modern and contemporary art evening sale in New York totaled $52 million, a sharp decline from $86.3 million last year. Four lots were withdrawn before the sale, including works by Pablo Picasso and Jasper Johns, and five lots failed to sell, yielding an 86% sell-through rate (78% including withdrawals). The hammer total of $41.8 million fell below the pre-sale low estimate of $52.3 million. Notable sales included a Basquiat piece once owned by David Bowie, which sold for $6.59 million (Bowie bought it in 1995 for $93,400), and a Kiki Kogelnik painting that set a new artist record at $356,000. Five auction records were set overall, including for Ilana Savdie, Olga de Amaral, Grace Hartigan, and James Turrell.

here are the winners of the first art basel awards

Art Basel has announced the winners of its first-ever Art Basel Awards, a new global honors program recognizing excellence across the contemporary art world. The 36 medalists include artists such as David Hammons, Lubaina Himid, Joan Jonas, and Adrian Piper, as well as patrons, curators, museums, and other art-world figures. The awards were unveiled at a press event in New York, with CEO Noah Horowitz and director Vincenzo de Bellis outlining the structure: medalists will later select 12 gold medalists, with up to six artists receiving $50,000 each and a commission for the 2026 Art Basel fair. The jury includes prominent museum directors and curators from around the world.