Fair Warning Bets Big on a Banksy That Could Realize $18 Million

Fair Warning, the members-only online sales platform founded by former Christie's rainmaker Loïc Gouzer, is staging a rare live auction on May 20 at Tiffany & Co.'s flagship store in New York. The centerpiece is Banksy's *Girl and Balloon on Found Landscape* (2012), a work from the artist's 'Crude Oils' series that has never been publicly exhibited. Consigned by a private collector, the painting carries an ambitious estimate of $13 million–$18 million, one of the highest ever for a Banksy. Gouzer argues that Banksy is among the most consequential artists of our time, comparing his trajectory to Jean-Michel Basquiat, and sees this sale as a landmark moment for the artist's market.

Mind the baby! Visitors to the Japanese Venice Biennale pavilion will be asked to look after dolls

Ei Arakawa-Nash, a Japanese-born artist who no longer holds Japanese citizenship, will represent Japan at the Venice Biennale with an exhibition titled "Grass Babies, Moon Babies." The pavilion will feature over 100 baby dolls that visitors are invited to adopt and carry, engaging in caregiving tasks such as changing a nappy. Each doll corresponds to a historically significant date tied to minority communities, linking intimate acts of care to broader historical narratives. The project also includes a collaboration with the Korean Pavilion, marking the first such partnership between the two national pavilions in Biennale history.

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ArtVerse Advisory, a London-based B2B firm, has launched a suite of services designed to help galleries and art advisors overcome capital constraints and inventory limitations. Founded by CEO Amit Mehra, the company provides professional intermediaries with access to a curated selection of primary and secondary market works—ranging from blue-chip artists like Andy Warhol to rising stars like Raghav Babbar—through flexible deal structures such as consignments and personalized payment plans.

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Jeff Koons and Stella McCartney have launched a limited-edition capsule collection for Spring 2026. The collection features ready-to-wear items like hoodies, t-shirts, tote bags, and keychains, adorned with prints of Koons's artworks such as "Untitled (Girl with Dolphin and Monkey)" (2006) and sculptures from his "Made in Heaven" series, paired with McCartney's playful slogans like "Slippery When Wet" and "Doggy Style." The release also includes a reimagined pendant based on Koons's iconic "Rabbit" (1986) sculpture.

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Photographer Dan Bannino has created a series titled "Still Diet," in which he photographs bizarre celebrity fad diets in the style of Old Master still life paintings. The series features diets associated with figures such as Gwyneth Paltrow, Charles Saatchi, Beyoncé Knowles, Henry VIII, and others, using carefully arranged food items and props to mimic classical compositions.

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In 2025, art fairs and auction houses have deepened their integration with luxury brands, with Sotheby's and Christie's reporting that luxury items like handbags, jewels, and watches now account for a significant share of revenue—roughly a third at Sotheby's, with private luxury sales surging 350% year-on-year. Art fairs such as Frieze London and Art Basel's global editions have moved beyond traditional sponsorship, embedding luxury partners like Tiffany & Co., Ray-Ban, Stone Island, and De Beers into curated sections, mentorship programs, and immersive installations. Industry figures like Marc Spiegler and Emily Glazebrook emphasize that the most successful collaborations prioritize artists over brands, with initiatives like UBS's Unlimited sector and the Chanel Culture Fund serving as models.

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Christie’s Global President Alex Rotter discusses the auction house’s strong November sales, which brought in $690 million across two evening sales in New York, with sell-through rates exceeding 96%. In an interview with ARTnews, Rotter attributes the rebound to restored confidence rather than a sudden influx of money, noting that he sensed a turning point as early as September through subtle improvements in mid-season sell-through rates. He also addresses Christie’s growing use of private auctions, which he describes as "basically a private sale, just with competition."

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New York's The New School is offering voluntary retirement and severance programs to a large group of faculty and staff as part of a radical restructuring to address a $48 million deficit. The American Association of University Professors (AAUP) reported that 40 percent of full-time faculty, about 169 staffers, received the offers, calling it the largest attempted firing of faculty currently taking place in the nation. The school is also eliminating over thirty programs, primarily in social sciences and humanities, and plans to combine several schools into a two-college structure, including Parsons School of Design. The school faces declining enrollment and has been warned by the Department of Education over campus protests related to the Israel-Hamas conflict.

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A Banksy painting from his 2005 'Crude Oils' exhibition sold for £4.3 million ($5.5 million) at Sotheby’s Modern and Contemporary Evening Auction in London. The work, *Crude Oil (Vettriano)*, came from the collection of Mark Hoppus, co-founder of the pop-punk band Blink-182, who acquired it in 2011. The painting reimagines Jack Vettriano’s *The Singing Butler*, replacing the idyllic beach scene with environmental pollution, including hazmat-suited workers and a sinking container ship. The sale occurred shortly after Vettriano’s death at age 73.

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Artist Danny Cole, known for previous public stunts like covering the Hollywood sign's O with a giant cow, has launched 'Everybody's Album,' a project aiming to hack the Billboard 200 chart. The plan involves recruiting 100,000 people to each record one second of audio, paying them with a Shopify gift card that can only be used to pre-order the album, thereby exploiting chart metrics. With help from influencer Anthony Po, who has millions of followers, they have already secured 80,000 participants.

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Christie's and Sotheby's November marquee auctions in New York generated a combined $1.4 billion, with Sotheby's achieving a record $706 million from a double-header sale. The highlight was Gustav Klimt's "Portrait of Elisabeth Lederer" (1914–16), sold for $236.4 million from the collection of late cosmetics heir Leonard Lauder, becoming the most expensive modern artwork ever sold at auction. Christie's Monday sale brought in $690 million, falling short of its $731.5 million high estimate but still marking a 42% increase over its equivalent sale last November.

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Maurizio Cattelan has partnered with the online art platform Avant Arte for a project centered on a new sculptural self-portrait titled *We Are The Revolution* (2025), which references Joseph Beuys's felt suit. The work lampoons the self-importance of contemporary art while reflecting on the artist's evolving role. Limited to 1,000 resin editions priced at €1,500 each, the release involves a randomized draw and a scavenger hunt in New York, Amsterdam, and London, where sculptures will be hidden in market stalls, bodegas, and an antiques dealership from September 30 to October 7. Prices range from $0.99 to €9,999 depending on location.

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Pop star Ed Sheeran is launching his debut painting collection, "Cosmic Carpark Paintings," at HENI Gallery in London's Soho district from July 11 to August 1. The series of multicolored drip and splash works was created in a disused carpark using house paint, inspired by Jackson Pollock. Sheeran, who began painting in 2019, will sell original canvases and prints for £900 ($1,200) each, with 50 percent of proceeds going to the Ed Sheeran Foundation to support youth music programs in the U.K. The exhibition was encouraged by Sheeran's friends Damien Hirst and HENI founder Joe Hage.

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J. Hoberman's new book, *Everything Is Now: The 1960s New York Avant-Garde—Primal Happenings, Underground Movies, Radical Pop*, offers a sweeping cultural history of the downtown New York scene in the 1960s. The book centers on figures like Jonas Mekas, Andy Warhol, Yoko Ono, and Jack Smith, weaving together experimental films, happenings, music, and the chaotic energy of the era. Hoberman, a longtime critic and curator, draws on his personal connections to the scene, including his mentorship under Mekas, and will present a selection of shorts from the book at Anthology Film Archives in June.

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Artist Jen DeLuna creates blurred paintings based on vintage found photographs, primarily of 1970s pin-up girls and aggressive dogs. Working at PLOP residency in East London, she uses a large brush to blur wet paint, creating a hazy, memory-like effect. Her works include portraits like *Rallying Sigh* (2024) and canine pieces like *Hounding* (2024), which she hangs together to create a dialogue between femininity and animal aggression.

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Sean Combs, also known as Diddy, may lose a prized Kerry James Marshall painting, *Past Times* (1997), among other assets if found guilty of sex trafficking charges, which he has denied. The painting was purchased at Sotheby's in 2018 for $21.1 million, setting an auction record for Marshall. Reports indicate Combs had been actively collecting art since 2014 with adviser Maria Brito, but with multiple civil suits pending, speculation has grown that he might be forced to sell.

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The United States government shutdown, which began on October 1 after Congress failed to reach a funding agreement, has forced the closure of numerous federally operated museums, historic sites, and national parks. While some outdoor monuments and parks remain accessible, many are understaffed and operating with limited services. In Washington, D.C., sites like the Library of Congress, National Archives Museum, and Washington Monument are closed, while Smithsonian-run institutions remain open only through October 11 using prior funds. In New York, the Statue of Liberty and Ellis Island remain open, but the lack of uniformity across agencies has created confusion for visitors.

Angus, Thongs and Imperfect Staging

The art collective MSCHF saved a cow named Angus from slaughter after a two-year project called 'Our Cow Angus'. The project allowed fans to preorder burgers or a leather bag made from Angus, but also provided a 'Remorse Token' to cancel orders. If 50% of tokens were used by the deadline, Angus would be spared and sent to a sanctuary. With ten hours remaining, the threshold was met, and the cow's life was saved.

Spring 2026 to Feature New Documentaries, Screenings, Artist Talks, and a New Episode of Art in the Twenty-First Century

Art21 has announced its spring 2026 programming lineup, which includes new documentary premieres, film screenings, artist talks, and the second episode of the 12th season of its flagship series 'Art in the Twenty-First Century.' The season features artists such as Tomás Saraceno, Njideka Akunyili Crosby, Camille Henrot, and Ragnar Kjartansson, and coincides with the series' 25th anniversary.

Screening and Conversation with Sophie Calle

Art21 hosted an advance screening of Sophie Calle's segment from the upcoming Season 12 of "Art in the Twenty-First Century" at the SAG-AFTRA Robin Williams Center in New York. Following the first public showing of the documentary, which follows Calle preparing exhibitions in Paris, Arles, and Minneapolis, the artist participated in a conversation with filmmaker Bette Gordon. They discussed the influence of 1980s New York and themes of identity and vulnerability in her work.

It is the great Mark Rothko leading Sotheby's first auctions in New York

È il grande Mark Rothko a guidare le prime aste di Sotheby’s a New York

Sotheby's kicked off New York's art and auction week with two major sales on May 14, 2026, led by the highly anticipated Robert Mnuchin: Collector at Heart Evening Auction. The top lot was Mark Rothko's "Brown and Blacks in Reds" (1957), which sold for $85.8 million, the second-highest price ever for the artist at auction. The Mnuchin auction achieved a "white glove" sale, selling all 11 lots for a total of $166.3 million, followed by The Now & Contemporary Evening Auction which brought in $266.8 million. Combined, Sotheby's generated $433.1 million, a 133% increase over its May 2025 session. The sales reflect a strong return of high-value trophy lots to the secondary market, driven by the dispersal of prominent collectors' estates.

Dartmouth Students Turn to Moldy Beef Jerky Installation in Renewed Bid to Remove Leon Black’s Name from Arts Center

Art students at Dartmouth College installed a provocative piece titled "Something Rotten" in the Black Family Visual Arts Center, consisting of 20 moldy beef sticks arranged into a smiley face over the dedication wall honoring billionaire financier Leon Black and his family. The work, created by students Erik Siegel, Angeles Juarez-Ruiz, and Roan Wade, was removed one week after the exhibition "Storage Room" opened on April 14. The piece references Black's documented friendship and business dealings with convicted sex offender Jeffrey Epstein, with the wall label quoting an Epstein email mentioning "jerky." The installation is part of a broader student and alumni campaign to remove Black's name from the arts center, which was funded by a $48 million gift from Black and his wife Debra.

Ai Weiwei and the Art of Keeping Your Mouth Shut

Dissident artist Ai Weiwei explores the corrosive nature of state control and self-restraint in his new book, "On Censorship" (2026). Drawing from a lifetime of persecution—including his father’s exile to a labor camp, his own 81-day detention in 2011, and recent digital erasure by Chinese AI—Ai argues that censorship fundamentally strips individuals of their humanity. He highlights how the mechanism of silencing has evolved from overt state violence in the East to a more insidious culture of self-censorship in the West, exemplified by the cancellation of his own 2023 exhibition at Lisson Gallery following comments on the conflict in Gaza.

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The Louvre Museum in Paris has temporarily closed a gallery housing Greek antiquities and several offices after an audit revealed structural weaknesses in beams on the second level of the southern Sully wing. The affected gallery, the Campana Gallery, which displays antique Greek ceramics, was shut as a precaution, and 65 employees have been relocated while experts assess the damage. The closure comes amid a difficult period for the museum, following a $102 million theft of France's crown jewels in October and a scathing report criticizing leadership for prioritizing acquisitions over security upgrades.

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The Museum of Fine Arts, Boston, will return a promised gift of Benin Bronzes and close its dedicated Benin gallery on April 28, 2025. The gallery will be repurposed for Nubian art. The collection, pledged by Robert Owen Lehman, includes objects traceable to the 1897 British looting of the Kingdom of Benin. Lehman has donated five objects outright, which will be displayed in the Art of Africa Gallery. The MFA stated it could not reach a mutually agreeable resolution for the gallery's long-term sustainability.

The Guardian view on the legacy of the Festival of Britain: look to the future | Editorial

The Guardian editorial reflects on the 75th anniversary of the Festival of Britain, launched by King George VI on 3 May 1951 as a "tonic" for a war-weary nation. It highlights the festival's most enduring legacy: the construction of the South Bank, including the Royal Festival Hall, which later became the Southbank Centre—the UK's largest arts complex. This summer, commemorations include poems from London schoolchildren projected onto its walls and a mobile poetry library visiting coastal towns, recreating the journey of the repurposed naval ship Campania. The festival, a triumph for the Labour government, faced critics like Evelyn Waugh and Noël Coward, and much of its physical infrastructure was demolished by the incoming Conservative government, save for the Royal Festival Hall.

art fashion camille henrot collina strada interview

Camille Henrot and Hillary Taymour, wearing Collina Strada, are featured in a Cultured magazine interview marking the reopening of the New Museum on March 21, 2026, after a 60,000-square-foot expansion by OMA. The conversation is part of a series pairing three artists from the inaugural exhibition "New Humans: Memories of the Future" with three downtown fashion designers. Henrot discusses her New York origin story, her film *In the Veins* premiering in the show, and her upcoming play *Commedia dell’Arte* at the Aspen Art Museum’s AIR Festival, while Taymour recounts moving from Los Angeles to New York in 2010 to pursue fashion design.

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Carlos Soto, a set and costume designer known for his emotionally charged and essentialist approach to theater, is profiled in a feature that traces his career from a childhood encounter with Robert Wilson to collaborations with Solange, Marina Abramović, and Philip Glass. Soto discusses his recent production of Robin Hood at Zurich's Schauspielhaus, where he fused Japanese Noh theater masks with animal memes to create costumes that blur the line between human and beast. The article highlights his uncompromising vision, his early apprenticeship under Frida Parmeggiani at the Met, and his decision to drop out of Pratt Institute to pursue hands-on learning.

art lyra art foundation kenturah davis dominique fung

On Wednesday, artists Kenturah Davis and Dominique Fung joined LYRA Art Foundation founder Tanya Eves and CULTURED Editor-in-Chief Sarah Harrelson for a breakfast panel in New York. The conversation explored how patrons and institutions can help artists overcome limitations in resources, space, and funding to realize ambitious projects. Davis, a multidisciplinary artist working with text, graphite, and oil paints, and Fung, a painter and sculptor whose installation on death rituals and excavation opens at the Institute of Contemporary Art San Francisco with LYRA support, shared their experiences alongside art world leaders including Aspen Art Museum CEO Nicola Lees, art advisor Allan Schwartzman, Whitney Museum Chief Curator Kim Conaty, and Met curator Jane Panetta.

art ej hill kate zambreno review

EJ Hill's new endurance performance, "Yearning for an Absolute" (2025), is on view at 52 Walker in Tribeca through September 13, 2025. For the duration of the exhibition, the 40-year-old Black queer artist kneels every day, all day, within a red velvet enclosure, referencing Catholic devotional practices, saintly mortifications, and his own history of durational works like "Excellentia, Mollitia, Victoria" (2018) at the Hammer Museum's "Made in LA" biennial. The installation also includes red leather kneelers for sale, framed kneeler pad paintings marked with the artist's indentations, and a neon rectangle reminiscent of Dan Flavin's church installation.