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kerry james marshall jean michel basquiat sothebys 1234758126

Sotheby's has announced two major consignments for its November marquee auctions in New York: Jean-Michel Basquiat's "Crowns (Peso Neto)" (1981), estimated at $45 million, and an untitled Kerry James Marshall painting from 2008, estimated at $10–15 million. The Basquiat, painted on Christmas night 1981, debuted at Annina Nosei Gallery and Documenta 7, and was previously owned by collectors Thomas Worrell and José Mugrabi before being consigned by French actor Francis Lombrail. The Marshall, depicting a couple embracing at sunset, was purchased on the primary market and has remained in the same collection, recently appearing at the Church in Sag Harbor with lender Neda Young.

art insurance los angeles wildfires 1234755619

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.

christies riggio modern art new york evening auctions 2025 1234741965

Christie’s spring marquee auctions in New York brought in a combined $489 million with fees across two evening sales: the Leonard & Louise Riggio: Collected Works sale and the 20th Century sale. The Riggio collection, featuring 39 works heavy on Surrealism, modernism, and Minimalism, achieved $272 million with buyer’s premium, led by Piet Mondrian’s Composition With Large Red Plane, Bluish Gray, Yellow, Black and Blue (1922) at $47.56 million and René Magritte’s L’empire des lumières (1949) at $34.9 million. The 20th Century sale included major canvases by Monet, Rothko, and Warhol, but the hammer total of $409 million fell below the $446 million pre-sale low estimate, indicating the auction house did not meet expectations.

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.

Which Country’s Art Market Came Out on Top in 2025?

The United States solidified its position as the world's leading art market in 2025, with fine-art auction sales rising 25.3 percent to reach $5.4 billion. Despite early volatility caused by trade tariffs, a surging stock market and cooling inflation fueled a massive November auction season in New York, where nine of the year's ten most expensive artworks were sold. In contrast, China's market contracted by nearly 11 percent due to a persistent property crisis, while the United Kingdom and France saw significant growth, with Paris benefiting from the momentum of Art Basel Paris.

These Artists Dominated Auction Sales in 2025

The article presents a data-driven analysis of the top-performing artists at auction in 2025, highlighting specific works and their record-breaking sales. J.M.W. Turner re-entered the top ranks with a $11.9 million sale, while Jean-Michel Basquiat dominated the contemporary category with a $48.3 million result for his painting 'Crowns (Peso Neto)'. Other notable sales included works by René Magritte, David Hockney, and the ultra-contemporary artist Matthew Wong.

How Pharrell’s Joopiter Is Redefining What an Auction House Can Be

Pharrell Williams launched his own auction platform, Joopiter, after finding traditional auction houses ill-suited to sell his collection of fashion, jewelry, and timepieces. The platform has rapidly expanded from single-owner sales into a multi-category auction house, handling luxury goods, sports memorabilia, pop culture artifacts, and contemporary art, with a recent headline lot being a $5 million Triceratops skeleton named Trey.

450 million newhouse trove heads to christies led by 100 million pollock 2750035

Christie’s has secured a prestigious collection of 35 to 40 artworks from the estate of the late media mogul S.I. Newhouse, valued at approximately $450 million. Scheduled for the May auction season, the selection is headlined by Jackson Pollock’s drip painting 'Number 7' (1948) and Constantin Brancusi’s bronze sculpture 'Danaïde' (1913), both estimated at around $100 million. The consignment marks the fourth time Christie’s has handled material from the Newhouse estate, which has previously set records for artists like Jeff Koons.

adam lindemann too much art column 2743340

Adam Lindemann draws a parallel between the oversupply of wine and the current state of the art market, noting that too many galleries and artists are producing work while demand from collectors is slowing. He cites the glut of art fairs, particularly the 840 galleries exhibiting during Miami Basel week in December 2025, and quotes advisor Allan Schwartzman describing the market as "tired." Lindemann observes that even mega-trophies like Leonardo's *Salvator Mundi* are rare exceptions, and that museums are becoming more selective in accepting donations.

blink 182 banksy sale 2609802

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.

8 standout art books to gift and keep this season 2717083

The article highlights eight standout art books recommended for gifting this season, covering a range of topics from architectural deep dives and contemporary art to fashion histories and experimental catalogs. Featured titles include "All of Us Stars: Bobby Busnach," a photo book capturing the gritty glamour of 1970s Upper West Side nightlife, and "Christopher Wool: See Stop Run," an exhibition catalog documenting Wool's unconventional 2024 show in a Manhattan office tower. Other books span monographs, boundary-pushing catalogs, and fashion histories, each offering unique perspectives on visual culture.

ai brueghel santa scene removed 2718499

A controversial AI-generated Christmas mural installed at Riverside Walk, a mall in Kingston upon Thames, southwest London, was removed after public backlash. The artwork, rumored to be by YBA artist Mat Collishaw, featured nightmarish imagery including deformed snowmen, monstrous Santas, and distorted figures, sparking outrage on Reddit and in local media. The private developers behind the installation claimed it was inspired by Pieter Brueghel the Elder, but the council denied involvement in its planning or funding.

christies edlis neeson collection 21st century art stats 2716423

Christie’s evening sale of 21st-century art on Wednesday achieved $123.6 million in total sales, including 19 lots from the collection of the late Stefan Edlis and his widow Gael Neeson. The top lot was Christopher Wool’s *Untitled (RIOT)* (1990), which sold for $19.8 million. The sale had a 97 percent sell-through rate, with 36 of 45 lots guaranteed, and the hammer total of $99.7 million exceeded the presale low estimate of $87.5 million. A notable moment was a seven-minute bidding war for a Diego Giacometti coffee table owned by Edlis and Neeson, which sold for $3.65 million against a $1.5–2.5 million estimate.

christies hauls in 690 million at robust 20th century art sale led by 62 million rothko 2714467

Christie’s kicked off the fall auction season in New York with a two-part 20th-century art sale that brought in approximately $690 million, led by Mark Rothko’s *No. 31 Yellow Stripe (1958)*, which sold for $62.2 million. The evening featured 18 works from the collection of Robert F. and Patricia G. Ross Weis, totaling $218 million, followed by a 61-lot main sale that realized $471.7 million. Other top lots included Claude Monet’s *Nymphéas (1907)* at $45.4 million and a new auction record for Beauford Delaney’s *The Sage Black (1967)* at $1.5 million.

rare m c escher works auction 2660493

A cache of M.C. Escher drawings and prints, created during his time in Italy and later, fetched a stunning total of $7.8 million at Christie’s on July 22, quadrupling its low presale estimate. The auction, titled 'The Art of Infinity,' featured 65 lots, with nearly every work on paper surpassing the previous record for an Escher work in the medium. The top lot, *Reptiles* (ca. 1943), sold for $529,200—five times its low estimate—while *Relativity* (ca. 1953) achieved $504,000, ten times its low estimate. The sale largely came from the collection of Robert Owen Lehman Jr., a documentary filmmaker and member of the Lehman banking family.

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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.

by the numbers christies 20th century sale totals modest 217 million 2643857

Christie’s held a doubleheader evening sale on May 12, 2025, featuring its regular 20th-century art auction and the Riggio collection. The various-owners sale achieved $216.9 million in total sales after fees, a 52% decline from the $413 million equivalent sale the previous year. The top lot was Claude Monet’s *Peupliers au bord de l’Epte, crépuscule* (1891), which sold for $42.9 million with fees. The sale had a 94% sell-through rate, with 34 of 36 lots sold and none bought in. Notable moments included a new auction record for Dorothea Tanning at $2.3 million and a strong result for Remedios Varo’s *Revelación* (1955) at $6.22 million.

amid market uncertainty asian art posts standout results 2635821

A review of the top 20 auction lots sold globally in the first quarter of 2025 reveals that four of the five priciest works were either by Asian artists or sold in Asia, a shift from the dominance of Western works in London and New York during the same period in 2023 and 2024. Notable sales include a record-breaking Yuan dynasty calligraphy by Rao Jie at Sotheby’s Hong Kong for $32.2 million, Tyeb Mehta’s *Trussed Bull* setting an artist record at Saffronart in Mumbai, and M. F. Husain’s *Untitled (Gram Yatra)* becoming the first Indian Modern artwork to exceed $10 million at Christie’s New York. However, the total value of the top five lots fell to $73.7 million, down nearly 14% from 2024 and 46% from 2023, amid a broader downturn in Asian art sales, particularly in China.

christies names alex rotter global president 2638660

Christie’s has promoted Alex Rotter to global president, a new role in which he will retain his existing title as global chairman of 20th- and 21st-century art. Rotter will collaborate with regional presidents and global chairmen to develop strategies for auction and private sales. He joined Christie’s in 2017 after 16 years at Sotheby’s and created the “20/21” department, which unified postwar, contemporary, and Impressionist and modern art sales. Rotter has overseen landmark sales including Jeff Koons’s *Rabbit* (1986) for $91 million, Andy Warhol’s *Shot Sage Blue Marilyn* (1964) for $195 million, and Leonardo da Vinci’s *Salvator Mundi* (ca. 1500) for $450 million.

SFMOMA reimagines our connection to 250 works of art across four floors.

San Francisco Museum of Modern Art (SFMOMA) has unveiled "Reimagined: The Fisher Collection at 10," a major reinstallation of approximately 250 works from 35 artists across four floors. The project was led by project assistant curator Ted Mann and chief education and public engagement officer Gamynne Guillotte, who collaborated to transform how the collection is presented. Changes include rotating galleries, such as the Agnes Martin room, to improve sightlines, and incorporating artists' voices, archival video, and interpretive tools to make abstract works more accessible. The reinstallation marks the tenth anniversary of the Fisher Collection's long-term loan to SFMOMA, originally arranged in 2009 and later extended to 100 years.

Andy Warhol | Cow II.11A (1971) | For Sale

Andy Warhol's screenprint "Cow II.11A" (1971) is being offered for sale by Composition.Gallery, priced at $15,200. The work is a color screenprint on wallpaper, printed by Bill Miller's Wallpaper Studio, Inc., New York, and published by Factory Additions, New York, for a Warhol exhibition at the Whitney Museum of American Art from May 1 to June 13, 1971. It is part of a limited edition of 100, stamped by the artist's estate, and includes a certificate of authenticity.

art mcc chicago madeleine grynsztejn director

Madeleine Grynsztejn, director of the Museum of Contemporary Art Chicago (MCA) since 2008, has announced she will step down at the end of 2025 after 18 years in the role. During her tenure, she oversaw an $82 million renovation, record attendance, major exhibitions including Kerry James Marshall's first museum retrospective and a Takashi Murakami show, and initiatives for gender parity in the collection. She also tripled the museum's endowment and nearly doubled its operating budget through donor engagement.

art auction new york record breaking

Gustav Klimt's *Portrait of Elisabeth Lederer* (1914-16) sold for $236.4 million at Sotheby's on November 18, becoming the second-most expensive painting ever sold at auction and the most expensive work ever sold by the house. The sale was part of New York's marquee November auctions, which generated over $2 billion in a single week—more than 50 percent above last year's total—driven by high-profile estates including that of cosmetics heir Leonard A. Lauder. Other notable sales included Mark Rothko's *No. 31 (Yellow Stripe)* for $62.2 million at Christie's, Marc Chagall's *Le songe du Roi David* for $26.5 million, and Frida Kahlo's *El sueño (La cama)* for $55 million, setting a new record for the artist and the highest sum for a work by a female artist at auction. Phillips also sold a juvenile Triceratops skeleton named CERA for $5.4 million.

Thinking Infrastructurally: On Diversity of Aesthetics, Part 2

The article, part of a series on e-flux, presents a theoretical analysis of the 1965 Watts rebellion through the lens of Guy Debord's Situationist thought. It examines how the rioters' destruction and theft of commodities, like refrigerators they couldn't power, acted as a rejection of capitalist integration and exposed the false promise of consumer affluence.

Where to see art in Houston now: 10 exhibits and shows opening in October

Houston's October art scene is dominated by exhibitions exploring scientific and cosmic themes, including plasma installations, fractal worlds, and quantum landscapes. Notable shows include Anahita Bradberry's 'Spectral Field' at Diverseworks, Julius Horsthuis's 'Fractal Worlds' at Artechouse, and 'Growing Up Jewish' at Holocaust Museum Houston. The month also features CraftTexas 2025 at Houston Center for Contemporary Craft, 'Lines of Resolution' at Menil Drawing Institute, and a farewell show at Anya Tish Gallery.

us mashal auction basquiat picasso diane arbus 1mdb scandal 1234748398

The US Marshals Service is auctioning four artworks by Pablo Picasso, Jean-Michel Basquiat, and Diane Arbus that were surrendered to the US Department of Justice in connection with the 1Malaysia Development Berhad (1MDB) scandal. The online-only auction, run by Gaston and Sheehan auction house in Texas, began on July 16 and closes on September 4, with no buyer's premium. The works include Basquiat's *Self Portrait* (1982) and *Red Man One* (1982), Picasso's *Tête de taureau et broc* (1939), and Arbus's *Child with a Toy Hand Grenade* (1962). The pieces were linked to fugitive financier Jho Low and actor Leonardo DiCaprio, who surrendered them after they were located in Switzerland.

At the Every Woman Biennial, Joy Becomes a Form of Resistance

The sixth edition of the Every Woman Biennial opened at New York's Pen + Brush gallery, featuring hundreds of works by women and nonbinary artists in a densely hung, salon-style exhibition. The event, which began as a one-night pop-up in 2014, has grown into a major intergenerational showcase, mixing emerging artists with established names like Swoon and Mickalene Thomas, and includes performances and installations.

work of the week canaletto 2743758

A major painting by the 18th-century Venetian master Canaletto, titled 'Venice, the Bucintoro at the Molo on Ascension Day' (c. 1754), sold for $30.5 million at Christie's New York during its Old Master week. The work, which had been backed by a guarantee, hammered at $26 million, meeting its pre-sale estimate and marking its fourth appearance at auction.

pee wee herman 2346054

Paul Reubens, the actor and comedian best known for his character Pee-wee Herman, died at age 70 on June 30, leaving behind a legacy that extends far beyond children's television. The article explores how the design of "Pee-wee's Playhouse" (1986–1990) was a groundbreaking aesthetic achievement, created by a team of downtown New York artists—production designers Gary Panter, Ric Heitzman, and Wayne White—who approached the set as an evolving art installation. Their work blended postmodernism, Memphis Group influences, psychedelia, and thrift-store aesthetics into a joyful, childlike environment that became a cultural touchstone.

5 Artists on Our Radar This April

Artsy has highlighted five emerging and established artists to watch this April, selected based on recent gallery representation, exhibition success, and market data. The list features Peruvian painter Sylvia Fernández, known for her meticulous and majestic depictions of the natural world, alongside four other artists who have made significant impacts through recent art fairs and new bodies of work.