John Phelan, a prominent art collector and the current U.S. Secretary of the Navy, flew on Jeffrey Epstein's private plane in 2006, according to newly released flight logs. The trip from London to New York occurred four months before Epstein's first indictment, and a friend of Phelan's confirmed the flight but stated it was his only interaction with the convicted sex offender.
The article reflects on the closure of several notable contemporary art galleries in 2025, including Clearing, Blum, High Art, Venus Over Manhattan, Sperone Westwater, Galerie Francesca Pia, Tilton Gallery, Altman Siegel, Kasmin, Rena Bransten Gallery, L.A. Louver, and Canal Projects. It opens with a eulogy for Florine Stettheimer by Georgia O'Keeffe, drawing a parallel between the artist's unique way of life and the distinctive, charismatic spirit of galleries that have shuttered. The author recounts personal experiences at now-closed spaces like Metro Pictures, JTT, and Clearing, and quotes dealer Olivier Babin and the legendary Leo Castelli on the fleeting importance of galleries.
On Thursday night, Sotheby’s held a three-part sale of Impressionist, Modern, and Surrealist art at the Breuer Building in New York, generating $304.6 million against a cumulative estimate of $218.8 million to $301.2 million. The smallest sale, 13 lots from the collection of Cindy and Jay Pritzker, achieved a “white glove” result with $109.5 million, led by Vincent van Gogh’s *Romans Parisiens (Les Livres jaunes)* (1887) which sold for $62.7 million. The Surrealist offering, “Exquisite Corpus,” from the collection of Nesuhi and Selma Ertegun, featured Frida Kahlo’s *El sueño (La cama)* (1940) which set a record for the artist at $54.7 million, becoming the most expensive work by a woman artist at auction (nominal price).
A painting by Swiss-French artist Félix Vallotton, *Femme couchée dormant (Le Sommeil)* (1899), sold for $2.8 million at Sotheby’s New York on Thursday night, exceeding its high estimate of $2.5 million. The work was part of the Pritzker Collection sale, which also featured masterpieces by Van Gogh, Matisse, and Gauguin. Vallotton’s auction record remains at nearly $4.5 million, set by *Cinq heures* (1898) at Christie’s London in late 2023.
The Stedelijk Museum in Amsterdam has opened "Erwin Olaf—Freedom," a major retrospective of the late Dutch photographer Erwin Olaf, who died in 2023 at age 64. The exhibition spans over a dozen rooms, showcasing his diverse output from subcultural documentation and commercial work to staged tableaux, self-portraits, and club ephemera, alongside video and sculpture. It juxtaposes formally refined portraits, such as Queen Máxima, with provocative early works like "Joy" (1985), refusing to impose a single narrative on his career.
Hauser & Wirth's UK subsidiary reported an 87% decline in pretax profit for 2024, falling to $1.6 million from $12.5 million the previous year, as revenue dropped by more than half to $91.4 million. The gallery attributed the downturn to a sharp fall in secondary-market sales, which can fluctuate significantly based on a few high-value transactions. The UK entity represents only a small portion of the gallery's global business, which the founders said remained aligned with the prior year's successful performance. Separately, the gallery's hospitality arm, Artfarm Group, posted a wider pretax loss of $24 million despite a 16% rise in turnover.
Abu Dhabi will host the most expensive art exhibition ever staged by Sotheby's in the Middle East on October 1 and 2, valued at approximately $150 million. The exhibition features six masterpieces by Vincent van Gogh, Paul Gauguin, Frida Kahlo, René Magritte, Camille Pissarro, and Edvard Munch, sourced from major private collections including those of Leonard A. Lauder, Cindy and Jay Pritzker, and Matthew and Kay Bucksbaum. It takes place at the Bassam Freiha Art Foundation on Saadiyat Island Cultural District and marks Sotheby's first public fine art show in the UAE, ahead of its Abu Dhabi Collectors' Week in November.
Sotheby's will open its first auction season in the Breuer building this fall with the Pritzker collection, a private cache of paintings never before seen outside a Chicago living room. The collection, built by Cindy and Jay Pritzker, carries an overall estimate north of $120 million, with the lead lot being Vincent van Gogh's 1887 still life *Romans Parisiens (Les Livres jaunes)*, estimated at close to $40 million. Other highlights include works by Paul Gauguin, Henri Matisse, Max Beckmann, Ernst Ludwig Kirchner, Joan Miró, Camille Pissarro, and a 15th-century sea chart by Petrus Roselli.
The Dallas Museum of Art (DMA) has appointed Brian Ferriso, the longtime director of the Portland Art Museum (PAM), as its next director, effective December 1. Ferriso succeeds Agustín Arteaga, who left last year to lead the Crocker Art Museum in Sacramento. During his 18-year tenure at PAM, Ferriso grew the endowment by $40 million, eliminated $7 million in debt, doubled curatorial staff, and made the museum free for visitors 17 and under. He also oversaw major collection diversification, co-commissioned Jeffrey Gibson’s U.S. Pavilion at the 2024 Venice Biennale, and will open a 100,000-square-foot expansion funded by a $140 million capital campaign.
A Japanese collector, Hiroaki Narita, is auctioning his extensive collection of Rei Kawakubo's designs for Comme des Garçons at the French auction house Piasa on October 1, during Paris Fashion Week. The sale includes over 500 lots of garments and accessories dating from 1969 to 1999, with estimates ranging from €150 to €2,000. The collection spans Kawakubo's most iconic collections, including Pirates (1981), Body Meets Dress, Dress Meets Body (1997), and Kaleidoscope (1996), showcasing her avant-garde, deconstructed aesthetic.
The Rachofsky House, a landmark contemporary art residence in Dallas designed by Pritzker Prize-winning architect Richard Meier, has been quietly listed for sale off-market by Compass agent Faisal Halum. The 9,000-square-foot home at 8605 Preston Road has been owned for decades by prominent collectors Howard and Cindy Rachofsky, who annually hosted the Two x Two gala there, raising over $130 million for amfAR and the Dallas Museum of Art. Howard Rachofsky confirmed the sale, citing his age (81) and ongoing estate planning.
Rashid Johnson's mid-career retrospective, "Rashid Johnson: A Poem for Deep Thinkers," has opened at the Solomon R. Guggenheim Museum in New York, filling the rotunda with paintings, sculptures, photographs, and films. Curated by Naomi Beckwith and Andrea Karnes, with Faith Hunter, the exhibition includes Johnson's well-known "Anxious Men" works alongside lesser-seen films like *Threeness* (2005), which challenge viewers' expectations. The show features recurring target motifs, as seen in the outdoor sculpture *Black Steel in the Hour of Chaos* (2008), and explores themes of looking, being looked at, and the fluidity of Black identity.
Soho Beach House in Miami has reoriented its art collection around photography in late 2025, featuring works by established figures like Isaac Julien, JR, Laurie Simmons, Marilyn Minter, and Ming Smith alongside emerging artists such as René Matić, Caroline Allison, and Walead Beshty. The rehang, overseen by chief art director Kate Bryan, spans polaroids, performance-derived imagery, collage, and cameraless prints, with a focus on artists who use photography as a tool for broader inquiry.
Frieze New York 2026 concluded with significant sales activity, as galleries reported strong demand for blue-chip contemporary works. The fair featured a mix of established and emerging artists, with notable transactions including major paintings by living artists and secondary market pieces. Dealers noted a cautious but steady market, with collectors focusing on high-quality, investment-grade works.
Frieze New York 2026 took place from May 13 to 17 at The Shed in Manhattan, featuring nearly 70 galleries. Highlights included Cindy Sherman’s new photographs at Hauser & Wirth (many sold on preview day, with Leonardo DiCaprio visiting), the Focus section curated by Lumi Tan and sponsored by Stone Island, and the Frame section where Diedrick Brackens’ woven works were acquired by the Brooklyn Museum. Frieze Sculpture at Rockefeller Center, curated by Brett Littman, showcased 14 international artists including Nick Cave and Hank Willis Thomas. Mapuche artist Seba Calfuqueo won the Focus Stand Prize for hair-centered works exploring feminism and indigenous heritage.
The Vancouver Art Gallery has unveiled 'Highlights from the Collection,' a major long-term exhibition featuring 200 works selected from its permanent holdings of over 13,000 items. Curated by a team led by Eva Respini, the show marks a strategic shift for the institution by committing to a semi-permanent display that will remain on view until 2030. The exhibition includes iconic pieces ranging from Gathie Falk’s ceramics to Andy Warhol’s Marilyn Monroe prints and Claes Oldenburg’s sculptures.
The article highlights 10 galleries that achieved significant growth and recognition in 2025, despite a challenging market environment marked by tariffs and trade uncertainty. Featured galleries include Tokyo's CON__, which gained global visibility through standout presentations at Frieze Seoul and NADA New York; Munich and New York-based LOHAUS SOMINSKY, which debuted at Art Basel Miami Beach and opened a Tribeca outpost; and Chicago's Hans Goodrich, which quickly established itself with a cross-generational exhibition program and international fair appearances.
Photography takes center stage at Frieze London and across the city, with major exhibitions of Lee Miller at Tate Britain, Wolfgang Tillmans at Maureen Paley, Arthur Jafa at Sadie Coles, and Marina Abramović stills at Saatchi Yates. At Frieze Masters, Pace Gallery dedicated its booth to Peter Hujar, selling six prints on opening day at prices from $25,000 to $45,000. Commercial galleries like Gagosian and David Zwirner are investing heavily in photography, with Zwirner bringing Diane Arbus to London for the first time in a UK commercial context.
Van Gogh's 'Parisian Novels' (November-December 1887) will be the leading lot in the Pritzker sale at Sotheby's, New York on 20 November, with an estimate of $40 million. The still life, depicting 22 books and three pink roses, has been consigned by the estate of Cindy Pritzker, who died in March at age 101. The painting was created during Van Gogh's time living with his brother Theo in Paris and was among the first three works publicly exhibited during his lifetime, at the Société des Artistes Indépendants in March 1888. The Pritzker collection sale also includes 36 other works estimated at $120 million, featuring pieces by Paul Gauguin and Henri Matisse.
The Art on Paper fair has returned to Pier 36 in Lower Manhattan for its 11th edition, featuring 81 exhibitors from around the world. The fair, organized by Art Market Productions (a division of a21), includes a VIP preview on September 4 and a full program of interactive events and workshops, including the return of Booksmart Fair in partnership with the Center for Book Arts. Standouts include Nina Katchadourian's plant-like sculptures at Pace Gallery, Mary Beth Edelson's Story Gathering Boxes at Accola Griefen Fine Art, and Nicolas V. Sanchez's hyperrealistic ballpoint pen sketchbook drawings. Some exhibitors push the boundaries of the paper medium by showing paintings, ceramics, and other non-paper items, prompting one visitor to ask, "Where's the paper stuff?"
Photographer Cindy Sherman has launched the Cindy Sherman Legacy Project (CSLP), a formal initiative to preserve her photographic works by offering to destroy and replace damaged prints with new, artist-approved reprints. The project, announced on June 16, includes condition assessments, a controlled replacement process, and an online catalogue raisonné. Collectors can submit works for evaluation at a New York facility; eligible prints are destroyed and replaced with mint-condition reprints signed by Sherman, with a $10,000 administrative fee plus production costs. The fee is waived for non-profit institutions.
A new feature documentary, *Pictures of Pictures: The Metro Years*, is being made about the influential New York gallery Metro Pictures. Founded in 1980 by Janelle Reiring and Helene Winer, the gallery represented key artists of the Pictures Generation, including Cindy Sherman, Robert Longo, Louise Lawler, and Walter Robinson. The film, directed by Sophie Chahinian, explores the gallery's four-decade run, its founding principles of integrity and curatorial care over profit, and the personal stories of its artists and founders.
Wohin am Wochenende?
This week's art tips include Anton Corbijn's birthday exhibition at Fotografiska Berlin, featuring iconic portraits alongside personal favorites; the 25th anniversary of Daniel Libeskind's extension at the Jewish Museum Berlin; Refik Anadol's first Belgian AI-driven installation at Brusk in Bruges; the Schirn Kunsthalle Frankfurt's 40th anniversary weekend with free entry and performances; and a Lee Ufan solo show at Dia Beacon in New York, following his Wolfgang Hahn Prize.
The Portland Museum of Art (PMA) is presenting two concurrent exhibitions: "Ming Smith: Jazz Requiem — Notations in Blue" (through June 7) and "Precious: The Value of Ornament" (through July 19). The Ming Smith exhibition showcases the pioneering Black photographer's emotive, manipulated images, including jazz club scenes and portraits, drawn from the museum's collection and loans from The Gund at Kenyon College. The decorative arts exhibition highlights the value of ornament in applied arts.
The article reports on the ten most expensive auction lots of 2025, led by Gustav Klimt's 'Bildnis Elisabeth Lederer (Portrait of Elisabeth Lederer)' (1914), which sold for $236.36 million at Sotheby's, making it the second-most-expensive artwork ever sold at auction. The top end of the market rebounded after a quieter 2024, with the 100 most expensive lots totaling $2.13 billion, up from $1.8 billion the previous year. Nine of the top ten lots were sold during the marquee New York sales in November, where Sotheby's, Christie's, and Phillips together generated over $2 billion and set 16 artist auction records. The list includes multiple Klimt works from the collection of American philanthropist Leonard A. Lauder, as well as a Vincent van Gogh still life that sold for $62.71 million.
Jorge M. Pérez, the Miami-based real estate developer and art collector, has donated more than 80 photographic works to the Pérez Art Museum Miami (PAMM). The donation includes pieces by artists such as Thomas Ruff, Ana Mendieta, Cindy Sherman, Isaac Julien, Candida Höfer, Vik Muniz, Tania Bruguera, Renata Lucas, Philip-Lorca diCorcia, and Wolfgang Tillmans. The works are currently on view in the museum's exhibition "Language and Image: Conceptual and Performance-Based Photography from the Jorge M. Pérez Collection" through January 11. Museum director Franklin Sirmans noted that photography has been integral to PAMM's collection since 1996 and that the donation strengthens the museum's holdings in conceptual and performance-based photography, including the Düsseldorf School.
The Smithsonian American Art Museum will debut "Nick Cave: Mammoth," a monumental new commission by artist Nick Cave, in February 2026. This marks Cave's first solo exhibition in Washington, D.C., and represents the museum's largest-ever commission by a single artist. The installation combines sculpture, video, and found objects, drawing on Cave's childhood in Chariton County, Missouri, and exploring themes of family history, landscapes, and craft traditions. The exhibition will be on view from February 13, 2026, through January 3, 2027, and is organized by curator Sarah Newman.
Rhona Hoffman, the 90-year-old Chicago gallerist, is closing her eponymous gallery at the end of May 2025 after nearly five decades in operation. The final group show, “Not Just A Pretty Picture,” ends April 26. Hoffman, who opened her gallery in 1976, gave early platforms to artists like Sol LeWitt, Mickalene Thomas, and Carrie Mae Weems, and is especially known for championing women artists such as Cindy Sherman, Barbara Kruger, and Jenny Holzer. She was also made an honorary member of the Guerrilla Girls after documenting her exhibition history of women artists. Hoffman plans to remain in Chicago, curating shows and working with artists, but will not use the term "pop-up" for her future activities.
The New Museum has unveiled "VENUS VICTORIA," a new public sculpture by British artist Sarah Lucas, inaugurating the museum's outdoor plaza at the junction of Bowery and Prince Street in downtown Manhattan. The sculpture, which features Lucas's signature Bunny figure seated atop a giant washing machine, was selected by an all-artist jury including Teresita Fernández, Joan Jonas, Julie Mehretu, Cindy Sherman, and Kiki Smith. It opens on May 12, 2026, and will remain on view for two years as the first of five commissions dedicated to public sculpture by women artists.
Annabelle Ténèze, now Director of the Musée du Louvre-Lens, has curated a new exhibition titled 'The Art of Dressing – Dressing like an Artist' at the museum. The show explores how artists from Rembrandt to Warhol use clothing and self-fashioning in their self-portraits and public personas, drawing on examples such as Niki de Saint Phalle's eccentric wardrobe and Rembrandt's deliberate sartorial choices. Ténèze was inspired by her earlier work on de Saint Phalle at Les Abattoirs in Toulouse and by Charlie Porter's book 'What Artists Wear'.