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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.

The Met Teams Up with Band-Aid on Art-Themed Adhesive Bandages

The Metropolitan Museum of Art and Band-Aid have reunited for a second collaboration, releasing a new set of art-themed adhesive bandages in 2026. The bandages feature details from three flower paintings in the Met's collection: Claude Monet's *Water Lilies* (1919), Vincent van Gogh's *Irises* (1890), and Odilon Redon's *Bouquet of Flowers* (ca. 1900–1905). The 50-count assortment includes small, medium, and large fabric bandages packed in a collectible tin, available exclusively at Target for $7.29. The 2025 Hokusai collection, which sold out quickly, is also back on sale at major retailers.

Market Outlook for New York’s May Sales

New York's May sales season is underway with over $1.8 billion worth of art heading to auction at major houses including Sotheby's, where a monumental Rothko consigned by Robert Mnuchin is expected to fetch $70–100 million. Frieze New York opens at the Shed with 68 galleries, half of them local. Other notable developments include a major Banksy work hitting the auction block with one of its highest estimates ever, and the estate of sculptor Robert Therrien leaving Gagosian after nearly 30 years to join David Zwirner.

More than 70 Venice Biennale artists withdraw from awards

More than 70 artists participating in the 2025 Venice Biennale have withdrawn from consideration for the Golden Lion awards, which this year will be decided by public vote. The artists, including Walid Raad, Laurie Anderson, and Yto Barrada, signed a statement published on e-flux on May 9, withdrawing in solidarity with the entire prize jury that resigned last month over a dispute regarding the participation of Israel and Russia. The Biennale management replaced the traditional jury-selected awards with a new "Visitor Lion" system where ticket holders can vote, but the Biennale has acknowledged that if any of the withdrawing artists win, they will not collect the award.

Venice Biennale Special 2026—podcast

This episode of The Art Newspaper's podcast is a Venice Biennale special, covering the opening week of the 2026 edition. Host Ben Luke, along with Louisa Buck and Jane Morris, reviews the main exhibition "In Minor Keys," curated by the late Koyo Kouoh and realized by five collaborators. The podcast features interviews with artists Gabrielle Goliath, whose work for the South African pavilion was cancelled and is instead staged in a Venice church, and Lubaina Himid, showing in the British pavilion. It also includes conversations with writer Saidiya Hartman and Daniella Kaliada of Belarus Free Theatre about their collateral projects. The episode concludes with a focus on two restored Tintoretto paintings at the Basilica of San Giorgio Maggiore, funded by Save Venice.

Sound-based Holy See pavilion opens at Venice Biennale as Vatican’s contemporary art ambitions grow

The Holy See's pavilion at the Venice Biennale has opened, featuring a sound-based exhibition titled "The Ear is the Eye of the Soul" (9 May–22 November). The show, inspired by the medieval Benedictine nun Saint Hildegard of Bingen, includes commissioned audio works by high-profile artists and musicians such as Brian Eno, FKA Twigs, Patti Smith, Jim Jarmusch, and Precious Okoyomon. The exhibition takes place across two Venetian sites—the Mystical Garden of the Discalced Carmelite and the Santa Maria Ausiliatrice complex—and is co-organized by Hans Ulrich Obrist, artistic director of the Serpentine Gallery, and curator Ben Vickers, in collaboration with Soundwalk Collective.

Here’s Why the Venice Biennale Main Show Lost One Artist During the Planning Stages

The Venice Biennale's main exhibition, curated by the late Koyo Kouoh, originally included 111 artists when announced in February, but now lists only 110. ARTnews reveals that the removed artist is Bodys Isek Kingelez, a Congolese sculptor known for his colorful cardboard "extreme maquettes" of fantastical cities. A Biennale spokesperson stated that works initially considered for Kingelez were ultimately unavailable. Kingelez, who died in 2015, was to be one of the few deceased artists in the show, alongside figures like Marcel Duchamp and Issa Samb.

Claude Monet’s Market Triumph: 12 Record‑Smashing Paintings That Define an Era

Claude Monet's market dominance is analyzed through twelve record-breaking paintings sold at auction over the past decade, led by *Meules (Haystacks)* (1890), which achieved $110.7 million at Sotheby's New York in 2019—a record for any Impressionist work. The article highlights key sales including *Le Bassin aux Nymphéas* (1919) at $80.45 million, *Nymphéas* (1906) at $54 million, and *Le Pont du chemin de fer à Argenteuil* (1873–74) at $41.4 million, tracing how Monet's serene yet radical landscapes have consistently commanded top prices across Christie's and Sotheby's.

Alvaro Barrington takes a road trip to the Venice Biennale

Artist Alvaro Barrington has created a vibrant haulage truck titled "Labor Day Parade ’91" (2026) as his contribution to the 61st Venice Biennale, part of the exhibition "In Minor Keys." The truck, decorated with scenes linked to his background and art historical references, was driven from London to Venice on an epic road trip across Europe. It is now parked in the Giardini next to the Austrian pavilion, with its front tyres punctured to prevent movement. During the preview, the work was admired by artist Julie Mehretu and Dia Art Foundation director Jessica Morgan.

How Well Do the Met Gala’s Attendees Know Their Art History? We Critique Looks by Madonna, Hunter Schafer, and More

The article critiques nine outfits from the 2026 Met Gala, which was held under the theme 'Fashion Is Art' in conjunction with the Costume Institute's new exhibition 'Costume Art' at the Metropolitan Museum of Art. It analyzes how attendees like Hunter Schafer, Lauren Sánchez Bezos, and Kylie Jenner referenced specific artworks—such as Gustav Klimt's *Mäda Primavesi* and John Singer Sargent's *Madame X*—in their fashion choices, evaluating the success of these art-historical allusions.

See Some of the Most Outrageous, Stylish Looks at the 2026 Met Gala

The 2026 Met Gala raised $42 million for the Metropolitan Museum of Art's Costume Institute, surpassing last year's $31 million. The event, themed "Costume Art" with a dress code of "Fashion is Art," featured honorary chairs Jeff Bezos and Lauren Sánchez Bezos, whose involvement sparked protests. Co-chairs included Beyoncé, Nicole Kidman, Venus Williams, and Anna Wintour, with artists Anna Weyant, Tschabalala Self, and Amy Sherald on the host committee. The gala precedes the Costume Institute's spring exhibition, also titled "Costume Art," opening May 10.

The Venice Biennale has long been a sales platform—now no one is pretending otherwise

The Venice Biennale, traditionally a government-subsidized non-commercial institution where sales were downplayed, is experiencing an unprecedented open embrace of commerce. For the first time, Christie's is hosting an invitation-only selling exhibition in Venice, offering works ranging from Old Masters like Lucas Cranach to Modern and contemporary giants such as Andy Warhol, Louise Bourgeois, and Mark Bradford, with prices from $500,000 to over $35 million. Dealers, auction houses, and private foundations are openly pricing and selling works to collectors, spurred partly by Italy's reduced 5% VAT rate on art imports, now Europe's lowest.

Derrick Adams Offers Monumental Tribute to Koyo Kouoh in Venice

American artist Derrick Adams has installed a monumental portrait of the late curator Koyo Kouoh on a building façade near the Arsenale in Venice, ahead of the 2026 Venice Biennale that Kouoh was to curate. The painting, titled "Heavy is the head that wears the crown (2026)," depicts Kouoh with a crown that transforms into the word "JOY" emitting golden light. The project was spearheaded by curator Francesco Bonami, who invited Kouoh to serve on the jury of the 50th Venice Biennale, and is intended as an accessible public homage rather than an exclusive art-world event.

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.

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.'

Aspen AIR Festival to Feature Lucy Raven, Camille Henrot, Los Thuthanaka, Morgan Bassichis, and More

The Aspen AIR Festival returns for its second edition from July 27-31 in Aspen, Colorado, featuring performances, exhibitions, and talks under the theme “Figures in a Landscape.” Returning artists include Matthew Barney, who will present sculptures related to his TACTICAL parallax performance, and Lucy Raven, who will show her film Murderers Bar with a new score by Deantoni Parks. New commissions include Camille Henrot’s operatic work Commedia dell’arte, a performance by Los Thuthanaka blending Andean sounds with electronics, and a piece by Kali Malone and Stephen O’Malley originally created for the Holy See Pavilion at the Venice Biennale. The festival also includes talks by Adrián Villar Rojas, Lyle Ashton Harris, Ivan Cheng, Morgan Bassichis, and a keynote by filmmaker Julie Dash.

Saudi Arabia Museum of Contemporary Art Gets $490 M. from Powerful Real Estate Firm

The forthcoming Saudi Arabia Museum of Contemporary Art has received a $490 million construction grant from Diriyah Company, a real estate firm chaired by Crown Prince Mohammed bin Salman. Designed by Dubai-based Godwin Austen Johnson, the museum will span 883,000 square feet—larger than the Louvre in Paris—and will be located in Diriyah, with additional exhibitions in Riyadh. The grant supports Saudi Arabia's Vision 2030 plan to diversify the economy away from oil.

Two Brazilian curators selected to organise 2027 Bienal de São Paulo

The Fundação Bienal de São Paulo has appointed Brazilian curators Amanda Carneiro and Raphael Fonseca as chief curators for the 2027 Bienal de São Paulo, Latin America's largest and longest-running visual arts event. Carneiro, a curator at the Museu de Arte de São Paulo (MASP) since 2018, also organized the main exhibition at the 2024 Venice Biennale. Fonseca, based in Lisbon, works at Culturgest, serves as curator-at-large for Latin American art at the Denver Art Museum, and is curating the Taiwan Pavilion at the 61st Venice Biennale. The event will take place at the Pavilhão Ciccillo Matarazzo in Ibirapuera Park, with further details expected in coming months.

Rare Roy Lichtenstein Work Could Net $60 Million at Auction

A long-lost Roy Lichtenstein painting from his iconic 'Girl' series, *Anxious Girl* (1964), has resurfaced after more than 30 years in a private collection and will be offered at Christie’s 20th Century Evening Sale in New York on May 18. The work, one of only 10 comic-inspired female portraits Lichtenstein produced during his breakthrough period between 1963 and 1965, carries an estimate of $40–60 million. The consignor acquired it from legendary Pop art patrons Horace and Holly Solomon over three decades ago.

$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.

Book uncovers the life of Barnett Newman, an artist who ran for New York mayor

A new biography titled "Barnett Newman: Here" by Amy Newman (no relation) explores the life of Abstract Expressionist painter Barnett Newman, revealing his little-known 1933 run for mayor of New York City at age 28 under a platform of cultural and environmental reforms. The book details his upbringing as the son of Jewish immigrants in the Bronx, his philosophical studies, and his eventual reinvention as a painter who pioneered the 'zip' painting style with works like Onement I, while also chronicling his combative personality and lifelong battles against political machines and critics.

Judd Foundation Taps Copper Hewitt Curator as New Director of Design

The Judd Foundation has appointed Alexandra Cunningham Cameron as its first director of design, a new role overseeing Donald Judd Furniture LLC. Cameron, currently a curator of contemporary design at the Cooper Hewitt, Smithsonian Design Museum in New York, will start on April 27, guiding product development, operations, and strategic growth for the foundation's furniture line, which produces over 70 designs based on Donald Judd's original specifications.

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.

Top 200 Collector Mitchell Rales Gifts $116 M. to National Gallery if Art for Lending Program

Top 200 art collector and National Gallery of Art trustee Mitchell Rales has donated $116 million to permanently endow the museum's 'Across the Nation' lending program. The initiative loans artworks from the National Gallery's collection to regional museums across the United States, covering all associated costs.

From the World Cup and the Olympics to two new museums: upcoming cultural attractions in Los Angeles

Los Angeles is preparing for a major influx of cultural and sporting events, including hosting matches for the 2026 FIFA World Cup at SoFi Stadium and the 2028 Summer Olympics. The city is also enhancing its cultural infrastructure with new Metro stations featuring site-specific art commissions and the imminent openings of the Lucas Museum of Narrative Art and the David Geffen Galleries at LACMA.

The Iran War Is Already Tanking Luxury Sales in the Gulf—Could Art Be Next?

Escalating military conflict between the US, Israel, and Iran, which has included strikes on Gulf states, is disrupting the region's burgeoning art market. Major events like Art Dubai have been postponed and scaled back significantly due to exhibitor withdrawals, and planned fairs like Frieze Abu Dhabi face uncertainty. The instability has also caused a sharp spike in shipping and insurance costs for artworks moving through the region.

Christie’s to Offer $35 M. Renoir Painting Owned by Whitney Family For Nearly a Century

Christie's will auction Pierre-Auguste Renoir's 1876-77 painting 'La femme aux lilas (Portrait de Nini Lopez)' in its 20th Century Evening Sale on May 18, with an estimate of $25 million to $35 million. The work has been owned by the Whitney Payson family since 1929 and is being sold from the collection of the late Lorinda Payson de Roulet, daughter of the original buyers, Joan Whitney Payson and Charles Payson.

Daft Punk’s Thomas Bangalter to Co-Headline ‘Immersive Experience’ at Art Basel

Thomas Bangalter, formerly of the electronic music duo Daft Punk, is scheduled to co-headline an immersive experience called 'WAREHOUSE ARTEFACTS' at the Art Basel fair in Basel, Switzerland. The event, produced by Nordstern Basel nightclub in cooperation with Art Basel and Fondation Beyeler, will also feature house music producer Rampa and conceptual artist Julian Charrière.

Rare Books Stolen From Ex-MoMA President’s Home Recovered After Nearly 40 Years

Seventeen rare books, valued at over $2 million and stolen nearly 40 years ago from the Long Island estate of former Museum of Modern Art president John Hay Whitney, have been recovered and will be returned to his descendants. The trove includes a $2 million portfolio of handwritten letters from poet John Keats and first editions of works by James Joyce and Aleister Crowley.

Thomas J. Price’s Monumental Sculpture Anchors V&A East’s Opening in London

The V&A East Museum, the Victoria and Albert Museum's second site in East London, opened to the public on April 18. The inaugural presentation features new site-specific commissions by artists Rene Matić, Carrie Mae Weems, and Tania Bruguera, with Thomas J. Price's monumental sculpture serving as a key anchor piece for the new institution.