Marian Goodman’s $35.1 M. Richter ‘Candle’ Leads Christie’s Tepid $162.7 M. Trio of Postwar and Contemporary Sales

Christie’s New York held a trio of postwar and contemporary art evening sales on Wednesday night, totaling $162.7 million with fees, just meeting expectations. The auction was led by a Gerhard Richter painting, *Kerze (Candle)*, which sold for $35.1 million, and featured a collection of eight Richter works from the estate of revered dealer Marian Goodman, which collectively hammered at $66 million. Other highlights included a Donald Judd stack from the estate of collector Henry S. McNeil, selling for $12.8 million, and a Richter *Mohn (Poppy)* that achieved $20.1 million. Only one lot, an Ed Ruscha canvas, failed to sell.

Gerhard Richter ‘Candle’ From Estate of Revered Dealer Marian Goodman Falls Short of a Record at $35.1 M.

A Gerhard Richter painting, *Kerze (Candle)* (1982), from the estate of the late dealer Marian Goodman sold at Christie’s on Wednesday evening for $35.1 million (with fees), falling short of the artist’s $46.3 million record set over a decade ago. The lot, estimated at $35–$50 million, was guaranteed by a third party and drew a hammer price of $30 million after less than two minutes of subdued bidding. Goodman, who represented Richter for decades until he left for David Zwirner in 2022, had purchased the work directly from the artist in 1989 and held it for nearly 40 years. The painting was one of eight Richter works from Goodman’s estate offered in the combined “Marian’s Richters & 21st Century Evening Sale.”

Behind Christie’s $1 B. Blockbuster Result, the Market Still Looks Uneven

Christie’s New York achieved over $1 billion in sales during a two-part evening auction, led by Jackson Pollock’s *Number 7A, 1948* which sold for $181.2 million. The sale, the first billion-dollar night since the Paul G. Allen collection in 2022, also saw records for other works and active bidding from a small group of buyers, including dealer Jeffrey Deitch. However, the blockbuster results mask a more cautious middle market, where works priced between $100,000 and $1 million remain slow to sell.

How Janette Beckman Captured Music History in Real Time

A new exhibition at Seattle's Museum of Pop Culture (MoPOP) titled 'Rebels + Icons: The Photography of Janette Beckman' showcases over 500 images by British photographer Janette Beckman, spanning four decades. The show features her early, pre-fame portraits of music and cultural icons including Public Enemy, Joe Strummer, Keith Haring, Salt-N-Pepa, and John Lydon, captured at the dawn of punk and hip-hop movements. Beckman, who began her career photographing unknown punk bands for Melody Maker, also documented the first hip-hop show in London in 1982, capturing figures like Fab 5 Freddy and Afrika Bambaataa before they became legends. The retrospective includes her fashion work and street photography, highlighting her ability to gain trust quickly with subjects.

Sold-out Phillips auction in New York brings in $115.2m, more than double 2025 result

Phillips’s marquee spring auction in New York achieved a sold-out result, bringing in $91.73 million hammer ($115.2 million with fees), more than double the equivalent sale from a year ago. The top lot was Andy Warhol’s *Sixteen Jackies* (1964), which sold for $13.5 million ($16.2 million with fees), while a Jackson Pollock drip painting that had failed to sell in a previous auction found a buyer at $7.4 million. Fierce bidding occurred for contemporary works by artists with tightly controlled primary markets, such as Salman Toor, whose *Two Friends* (2020) surpassed its high estimate.

Megadealer Larry Gagosian Is the Subject of Unauthorized Documentary In the Works from Director Barry Avrich

Director Barry Avrich is producing an unauthorized documentary titled "Shadow Man: Inside The Secret World of Larry Gagosian" about the legendary art dealer. The film, confirmed by Avrich via email, promises to feature interviews with former employees and artists sharing insider stories about Gagosian's rise from selling posters on LA streets to running a global gallery empire with 18 locations. Avrich previously directed art-world documentaries including "Made You Look: A True Story About Fake Art" about the Knoedler & Co. forgery scandal and "Blurred Lines: Inside the Art World."

One Erased Vermeer, Two Books, and No Consensus

Two new books examine the legacy of Johannes Vermeer from contrasting angles. Ruth Bernard Yeazell's "Vermeer's Afterlives" (Princeton University Press) explores how the artist's open-ended, figureless interiors have inspired later creators, from painter George Deem to novelist Tracy Chevalier. Andrew Graham-Dixon's "Vermeer: A Life Lost and Found" restores the historical and religious context of 17th-century Delft, arguing that modern readings have overlooked the original meanings of Vermeer's works.

Still in 'war mode': Tehran Museum of Contemporary Art reopens with exhibitions about conflict

The Tehran Museum of Contemporary Art (TMoCA) has reopened with a weekly rotating post-ceasefire program called 'Art and War,' following weeks of bombardment that forced its closure and prompted emergency efforts to protect its collection. The program began with works by American Pop artists James Rosenquist, Roy Lichtenstein, and Robert Indiana, and this week features three works from Pablo Picasso's Weeping Woman series, focusing on Spain. Museum director Reza Dabirinezhad described the challenges of safeguarding the collection during US-Israeli strikes, including removing 80% of the oil from Noriyuki Haraguchi's installation 'Matter and Mind' (1977) to prevent fire risk, and protecting outdoor sculptures by Henry Moore, René Magritte, and Max Bill.

The British Museum Is Recreating the Bayeux Tapestry’s Medieval Woodland

The British Museum is installing a temporary woodland installation called "Tapestry of Trees" in its forecourt from May 16 to June 2, evoking the 11th-century English landscape depicted in the Bayeux Tapestry. Designed by garden designer Andy Sturgeon, the installation features 37 silver birch trees and planters with dyed hessian wraps matching the tapestry's colors, alongside woodland species like Guelder Rose and Foxglove. It launches public programming ahead of the tapestry's historic loan from France, which will be displayed in a blockbuster exhibition on the Norman Conquest starting in September.

The Same Dead Thing Alive: Contemporary Archives in L.A. and Beyond

Frieze New York marks 15th edition with expanded international reach

Frieze New York marks its 15th edition from 13-17 May at the Shed, featuring 68 galleries from over 25 countries. The fair includes 57 exhibitors in the main section and 11 in Focus, with nearly half maintaining a New York location. First-time participants include Europa, Sargent’s Daughters, Soft Opening, Ulrik, and W-galería. Latin American representation has grown significantly, with 14 galleries from the region, including Campeche from Mexico City, Isla Flotante from Buenos Aires, and Central from São Paulo. Christine Messineo, Frieze’s director of fairs for the Americas, highlights the fair’s increasingly international scope and the strong Brazilian contingent.

From The Sheep Detectives to Rivals: your complete entertainment guide to the week ahead

This week's entertainment guide from The Guardian includes a major outdoor sculpture exhibition of Henry Moore's monumental works at Kew Gardens, running from May 9, 2026 to January 31, 2027. The show features 30 of Moore's sculptures in the largest-ever presentation of outdoor works by the English modernist. Additionally, Parham Ghalamdar presents a solo exhibition of post-apocalyptic ceramic and glass works at Blenheim Walk Gallery in Leeds, and Photo London, the UK's leading photography fair, returns for its 11th year, moving to Kensington Olympia after a decade at Somerset House.

MONUMENTS at MOCA and The Brick

The article reviews the exhibition "MONUMENTS" held at both MOCA (Museum of Contemporary Art, Los Angeles) and The Brick, as covered by Contemporary Art Review LA. The review, written by Qingyuan Deng, appears in Issue 43 (February 2026) of the publication, which also features other reviews, interviews, and essays on topics ranging from olfactory art to tarot and video art.

Next stop – infinity! My transcendental experience on Japan’s ‘art island’ guided by its master Lee Ufan

The article profiles Korean-born artist Lee Ufan, who turns 90 next month, and his transcendental art on Japan's Naoshima island. It describes his upcoming major shows: a retrospective in Venice coinciding with the Biennale, and an exhibition at Dia Beacon in New York. Lee, a key figure in the Mono-ha movement, creates works like the steel arch "Porte Vers l'Infini" on Naoshima that engage with nature and perception. The piece traces his career from early violent, resistant sculptures involving cracked glass and boulders to later meditative paintings and installations.

A $35 M. Warhol, a $45 M. Basquiat, and More: Who’s Selling The Top Works in the May Sales?

The article reports on the upcoming May marquee sales at Christie’s and Sotheby’s, detailing high-value consignments from major collections. Christie’s will offer works from the estates of S. I. Newhouse (including a Brâncuși sculpture and a Jackson Pollock painting, each estimated at $100 million), former MoMA board president Agnes Gund (a Rothko estimated at $80 million), and the late dealer Marian Goodman (a Gerhard Richter estimated at $50 million). Sotheby’s counters with a Rothko from the collection of the late Robert Mnuchin (estimated at $100 million) and works from David and Shoshanna Wingate, including a Giacometti sculpture. The article also reveals previously unnamed consignors for top lots, such as collector John Sayegh-Belchatowski for a $45 million Basquiat and the Moore family for an Elizabeth Peyton painting.

2026 Carla Art Auction is Live!

Under new ownership, Art Monte Carlo voices 'global ambitions'

The 10th edition of Art Monte Carlo took place from April 29 to May 1 in the Grimaldi Forum, featuring 26 exhibitors ranging from Old Master paintings to contemporary works by Picasso, Warhol, and Richter. The fair was acquired last year by Informa Prestige, a luxury offshoot of Informa, which also owns Miami's Untitled fair. Executive chair John Paton aims to grow the fair, nearly double its size within two years, and expand to another location, leveraging complementary audiences from yachting and supercars.

King Charles Visits Christie’s in New York, After White House Dinner

King Charles III and Queen Camilla made a surprise visit to Christie’s headquarters in New York on April 29, 2026, following a White House dinner and address to Congress. They attended a gala for the King’s Trust, a charity supporting young people from disadvantaged backgrounds, rather than bidding on auction lots like a $100 million Jackson Pollock or a $60 million Roy Lichtenstein. The event, co-chaired by Lionel Richie, drew guests including Martha Stewart and Anna Wintour, and featured a dinner in the James Christie Room. Christie’s CEO Bonnie Brennan curtsied to the king, and the royals viewed the new rostrum designed by Jony Ive, set to debut in New York during Christie’s May marquee week.

Minnie Pwerle, Emily Pwerle, Molly Pwerle, Galya Pwerle at Château Shatto

Château Shatto gallery in Los Angeles is presenting a group exhibition featuring works by Minnie Pwerle, Emily Pwerle, Molly Pwerle, and Galya Pwerle, four Indigenous Australian artists from the Anmatyerre community. The show highlights their distinctive painting styles, which often draw on ancestral stories and bold abstract patterns, continuing the legacy of Aboriginal art in a contemporary gallery context.

Back to the 90s: Tate exhibition to explore decade’s art and fashion

Tate Britain will stage a major exhibition titled "The 90s: Art and Fashion" this autumn, curated by former British Vogue editor Edward Enninful. The show will feature nearly 70 artists, photographers, and designers, including Steve McQueen, Chris Ofili, Damien Hirst, Alexander McQueen, and Tracey Emin, alongside works by Juergen Teller, Mark Leckey, and others. It will explore the decade's art, fashion, and club culture, with pieces such as McQueen's film "Bear" (1993), Ofili's Turner Prize-winning "No Woman, No Cry" (1998), and images from Manchester's Haçienda and London's Bagley's nightclubs.

Private Sales Are Surging as Auction Houses Lean into Exclusive, Experience-Led Selling

Sotheby's and Christie's are increasingly turning to private, invitation-only sales to move high-value artworks, bypassing the traditional auction model. Sotheby's recent "The Apartment" exhibition in London, featuring works by David Hockney, George Condo, and Jean-Michel Basquiat, sold half its $40 million inventory before the public even saw it. Christie's reported that its three most expensive paintings sold in 2025 were all private transactions, with the house trading $1.5 billion privately last year—nearly a quarter of its global sales.

New catalogues reveal Royal Collection's vast sculpture holdings—and Queen Victoria's acquisition spree

A new four-volume catalogue, authored by former royal surveyor Jonathan Marsden, documents approximately 1,800 sculptures in the Royal Collection. The publication reveals the unsystematic nature of the collection's growth, driven by royal tastes and historical opportunities, and highlights significant discoveries like a previously unknown bronze satyr by Benvenuto Cellini.

The Triumphant New LACMA Has the Potential to Rewrite Art History

The Los Angeles County Museum of Art (LACMA) is set to open its new $724 million David Geffen Galleries, designed by Swiss architect Peter Zumthor. The building features a radical, non-linear layout that eschews traditional chronological and geographical hierarchies, allowing artworks from 15 different curatorial departments to be displayed in conversation with one of another. Despite years of controversy regarding its concrete design and a 10 percent reduction in exhibition space, the museum is positioning the new structure as a flexible "laboratory" for global art history.

Here’s What LACMA’s Lavish New Building Looks Like

The Los Angeles County Museum of Art (LACMA) has finally unveiled its new flagship building, the David Geffen Galleries, designed by Pritzker Prize-winning Swiss architect Peter Zumthor. The concrete-and-glass structure famously straddles Wilshire Boulevard, featuring a continuous glass facade that offers panoramic views of the Los Angeles landscape and newly installed outdoor sculptures. Inside, the layout encourages a non-linear experience, moving visitors through varying light conditions and diverse gallery sizes that house a mix of contemporary and classical works.

‘Designed to disorient’: LA art museum unveils enormous concrete gallery, 20 years in the making

The Los Angeles County Museum of Art (LACMA) has unveiled the David Geffen Galleries, a $724 million concrete structure designed by Swiss architect Peter Zumthor. Spanning Wilshire Boulevard, the building features 110,000 square feet of elevated gallery space characterized by curving walls and massive windows. The project marks the culmination of a nearly 20-year revitalization effort led by director Michael Govan, replacing several older buildings with a single, fluid architectural statement.

ken griffin global recession iran strait of hormuz

Billionaire hedge fund manager and prominent art collector Kenneth C. Griffin has issued a stark warning regarding the global economy, stating that a recession is inevitable if the Strait of Hormuz remains closed through the end of the year. Speaking at the Semafor World Economy summit, Griffin highlighted that the closure of this vital oil passageway has created energy shocks and treacherous conditions for central bankers, potentially forcing further interest rate hikes to combat inflation.

Gallery Not Paying? Call Kenny Schachter’s Kollection Agency. He Gets Results!

Art world provocateur Kenny Schachter addresses the current climate of anxiety within the industry, touching on everything from the existential threats of advanced AI tools like Anthropic’s Mythos to the 'doomster' narratives of market analysts. Amidst reports of dwindling demand and galleries struggling with non-paying clients, Schachter highlights the enduring value of historical works, such as a 1799 Goya etching, while dismissing claims that screens are replacing physical art in the home.

Desperate, Scared, But Social at UC Irvine Langson Orange County Museum of Art

The group exhibition "Desperate, Scared, But Social" at the UC Irvine Langson Orange County Museum of Art (Langson IMCA) explores the complexities of contemporary social dynamics and collective anxiety. The show brings together diverse artistic perspectives to examine how individuals navigate a landscape defined by political instability, environmental concerns, and the pervasive influence of digital connectivity.

Works from Marian Goodman’s Collection to Anchor Christie’s May Sales

Christie’s has announced that it will auction works from the personal collection of the late legendary dealer Marian Goodman during its May marquee sales in New York. The collection is headlined by seven paintings by Gerhard Richter, including the iconic 1982 work *Kerze (Candle)*, which carries an estimate of $35 million to $50 million. The total group of works from Goodman’s Manhattan home is expected to realize approximately $65 million.

Hirshhorn Museum Director Melissa Chiu Leaves for Guggenheim, Another Smithsonian Departure

Melissa Chiu has been appointed as the new director of the Guggenheim Museum in New York, departing her long-standing role at the Smithsonian’s Hirshhorn Museum and Sculpture Garden. Starting September 1, Chiu will report to Mariët Westermann, CEO of the Solomon R. Guggenheim Foundation, effectively splitting the leadership responsibilities previously held by Richard Armstrong. During her decade-long tenure at the Hirshhorn, Chiu was known for staging massive blockbuster exhibitions, including the record-breaking Yayoi Kusama "Infinity Mirror Rooms" show, though she also faced criticism for commercial ventures like a reality TV competition.