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flag art foundation serpentine galleries artist prize

The FLAG Art Foundation, based in New York, has pledged £1 million ($1.3 million) to London's Serpentine Galleries to establish a new biennial artist prize. Named the Serpentine x FLAG Art Foundation Prize, it will award £200,000 ($265,000) to an international artist who has been exhibiting for fewer than ten years, along with an exhibition at both institutions and a catalog. The first winner will be selected in 2026, with exhibitions at Serpentine in 2027 and FLAG in 2028. The prize is funded by collector Glenn Fuhrman's foundation and is the largest contemporary art prize in the UK.

louvre ticket price hike

The Louvre will raise ticket prices by 45 percent for non-E.U. visitors starting January 14, 2026, with tickets increasing to €32 ($37) for travelers from the U.S., U.K., and China, while E.U. visitors continue to pay €22. The price hike, announced on November 27, is expected to generate €15–20 million annually to fund modernization plans, following intense criticism over aging infrastructure and a $102 million jewel heist in October. The museum also faces structural issues, including the temporary closure of parts of its Sully wing due to fragile support beams, and has implemented an €80 million security master plan.

magrittes empire of light history

René Magritte’s *L’empire des lumières* series, comprising 17 oil paintings and 10 gouaches created between the late 1940s and early 1960s, juxtaposes a nocturnal street scene with a bright daytime sky. The article explores the origins, meaning, and market performance of these works, noting that they were inspired by a line from André Breton’s poem *L’Aigrette* and reflect Magritte’s own Brussels neighborhood. Recent auction sales have shattered records, including a 1954 version that sold for $121.2 million at Christie’s New York in November 2024, making it the most expensive Surrealist artwork ever sold at auction.

roni horn mca denver

The Museum of Contemporary Art Denver has organized the first exhibition dedicated to conceptual artist Roni Horn's long-standing engagement with water. Titled "Roni Horn: Water, Water on the Wall, You're the Fairest of Them All," the show spans sculpture, photography, drawing, and bookmaking, exploring water's mutability, ecological resonance, and paradoxical purity. Horn, who has received a Ford Foundation grant, Guggenheim Fellowship, and three NEA fellowships, has shown at major institutions including the Menil Collection, Louisiana Museum of Modern Art, Whitney Museum, and Tate Modern, and is represented by Hauser and Wirth.

museums finances

Museums worldwide are urgently searching for new financial models as government funding declines, wealthy patrons pull back, and corporate sponsors face pressure. A global study published in January by the International Research Alliance on Public Funding for Museums found that in 37 percent of responding countries, 71 to 100 percent of museums now receive most funding from private sources. Institutions are exploring endowments, new revenue streams, and collaborative approaches, with the Louvre becoming the first French museum to create an endowment fund in 2009, raising €175 million. The $85 trillion Great Wealth Transfer offers hope, but next-generation donors prioritize transparency and meaningful engagement over prestige.

goddard tiffany window heads to auction

A Tiffany Studios stained-glass window, the Goddard Memorial Window, sold for $4.2 million at Christie's Design Sale on June 12, 2025, exceeding its high estimate of $3 million. Commissioned in 1909 by Mary Edith Jenckes Goddard for St. Luke's Episcopal Church in East Greenwich, Rhode Island, the window features a pastoral landscape with an apple blossom tree, symbolic of youth. The sale follows a surge in the Tiffany window market, including a record $12.4 million sale at Sotheby's in November 2024 and recent acquisitions by the Metropolitan Museum of Art and Crystal Bridges Museum.

work of the week sargent gondoliers

A four-minute bidding war erupted at Christie’s 20th-century evening sale in New York on November 17 over John Singer Sargent’s watercolor *Gondolier’s Siesta* (1902–03). The work sold for $7.4 million with fees, more than double its $3 million high estimate, setting a new auction record for a work on paper by the artist. Another Sargent painting, *Capri* (1878), also performed strongly in the same sale, fetching $11.5 million with fees.

rembrandt print drawer auction

A rare Rembrandt counterproof print, "The Goldweigher" (1639), was discovered in a Victorian chest in the Norfolk studio of the late theater designer Alan Barlow. His son, Edward Barlow, found the print while sorting through the studio and initially assumed it was a common reproduction. After examination by Cheffins auction house, it was identified as an original preparatory print, with reversed orientation, a Strasbourg lily watermark, and black chalk lines indicating Rembrandt's hand. It will be auctioned on December 3 with an estimate of £10,000–£20,000.

california revives nazi looted pissarro cassirer case

California Attorney General Rob Bonta filed a motion on November 17 to intervene in the Cassirer family's two-decade-long restitution case for a Camille Pissarro painting stolen by the Nazis. The artwork, *Rue Saint Honore, Apres Midi, Effet De Pluie* (1897), is owned by Spain's Thyssen-Bornemisza Collection Foundation. The U.S. Court of Appeals for the Ninth Circuit had previously ruled that Spanish law applied, allowing the museum to keep the painting, but California's Assembly Bill 2867, signed into law in September, now seeks to apply California law to protect victims of art theft. The case has been sent back to the U.S. District Court for the Central District of California for reconsideration.

frida kahlo el sueno sothebys auction

Frida Kahlo's painting *El sueño (La cama)* (1940) sold at Sotheby's New York for $54.7 million on Thursday night, setting a new auction record for any artwork by a female artist. The sale, which lasted under five minutes, exceeded the previous record held by Georgia O'Keeffe's *Jimson Weed/White Flower No. 1* ($44.4 million in 2014). The painting was backed by an irrevocable bid and came from the collection of Selma Ertegun, offered as part of a Surrealist group titled "Exquisite Corpus." Anna Di Stasi, Sotheby's head of Latin American art, placed the winning bid on behalf of a client.

sothebys modern pritzker exquisite corpse auction results

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).

frida kahlo painting sothebys record woman surrealism

Frida Kahlo's 1940 self-portrait *El sueño (La cama)* sold for $54.7 million at Sotheby's New York on November 20, far exceeding its pre-sale estimate of $40–60 million. The painting, consigned by the estate of Selma Ertegun, was won by a phone bidder handled by Sotheby's senior vice president Anna Di Stasi. The sale broke Kahlo's previous auction record of $34.9 million set in 2021 for *Diego y yo*, as well as the record for a Latin American artwork and the overall record for a work by a woman artist at auction, surpassing Georgia O'Keeffe's $44.4 million *Jimson Weed/White Flower No. 1*.

the push to preserve nina simones childhood home just got a 6 million boost thanks to venus williams and adam pendleton

The childhood home of legendary singer and activist Nina Simone in Tryon, North Carolina, has been fully restored after nine years of effort by an artist coalition led by Adam Pendleton, alongside Julie Mehretu, Rashid Johnson, and Ellen Gallagher. The restoration, completed with a $6 million boost from a charity auction and gala co-hosted by tennis star Venus Williams and Pace Gallery, preserved the 650-square-foot clapboard house to its 1933–1937 condition, including historically accurate materials, an ADA ramp, geothermal climate control, and a century-old magnolia tree named “Sweetie Mae.” The African American Cultural Heritage Action Fund announced the completion, and the property remains closed to the public while community programming and ethical cultural tourism are being planned.

photo archive historic new york gallery shows

The New York Gallery History Project has launched its first installment: an online archive of Jay Gorney Modern Art, which operated from 1985 to 1998. The archive documents over 90 exhibitions held at the gallery, featuring artists such as Catherine Opie, Jessica Stockholder, Gillian Wearing, Haim Steinbach, and Martha Rosler. The material includes installation views, artwork images, and original invitations, all digitized from analog transparencies and slides. The project is an initiative of the Independent art fair and the Contemporary Art Library, a Los Angeles nonprofit.

gustav klimt portrait of elisabeth lederer auction record

Gustav Klimt's 'Portrait of Elisabeth Lederer' (1914–16) sold for $236.4 million at Sotheby's New York on November 18, 2025, after 20 minutes of bidding. The painting, which started at $130 million, was won by a phone bidder represented by Sotheby's specialist Julian Dawes, with the hammer price at $205 million. The work was the highlight of the Leonard A. Lauder Collection sale, a 55-work trove valued at over $400 million, and proceeds will go to the Lauder trust. The portrait had been restituted after Nazi-era confiscation and was acquired by Lauder in the mid-1980s.

leonard lauders klimt painting fetches sothebys

A Gustav Klimt painting, *Portrait of Elisabeth Lederer* (1914), sold for $236.4 million at Sotheby’s in New York, setting a new auction record for the artist and becoming the most expensive work ever sold at Sotheby’s as well as the most expensive Modern artwork at auction. The work was part of a sale dedicated to the collection of the late art patron Leonard Lauder, who died in June at age 92. The bidding lasted about 20 minutes, with Sotheby’s auctioneer Oliver Barker opening at $130 million; the winning bid of $205 million came from Sotheby’s staffer Julian Dawes, representing a phone client. The sale included two dozen works from Lauder’s trove, which also featured three Klimt paintings and six Henri Matisse bronzes.

christies 20th century art november new york by the numbers

Christie’s fall auction season in New York opened with a robust evening sale of 20th-century art on Monday night at Rockefeller Center, achieving a total of $690 million after fees. The sale featured an 18-lot offering from the private collection of Robert and Patricia Weis, followed by the main 20th-century auction. The top lot was Mark Rothko’s *No. 31 (Yellow Stripe)* (1958), which sold for $62 million, while Claude Monet’s *Nymphéas* (1907) brought $45.5 million. The sale had a 95 percent sell-through rate, with 55 of 80 lots guaranteed, and strong in-person bidding provided a boost of market confidence after months of art fair cancellations and gallery closures.

the phillips collection to deaccession georgia okeeffe arthur dove georges seurat

The Phillips Collection in Washington, D.C., is proceeding with plans to auction major works by Georgia O'Keeffe, Arthur Dove, and Georges Seurat at Sotheby's on November 20, despite sharp backlash from former curators, members of the Phillips family, and the museum's non-governing members body. The works—including O'Keeffe's *Large Dark Red Leaves on White* (estimate $6–8 million), Seurat's conté crayon drawing ($3–5 million), and Dove's *Rose and Locust Stump* ($1.2–1.8 million)—are considered central to founder Duncan Phillips's vision. Director and CEO Jonathan Binstock argues the proceeds will fund a permanently restricted endowment for commissioning new work by living artists, acquisitions, and collection care, aligning with Duncan Phillips's belief in supporting contemporary practitioners.

norman rockwell president white house paintings auction 2

A four-panel suite of paintings by Norman Rockwell, titled *So You Want to See The President!* (1943), sold for $7.2 million at Heritage Auctions on November 14. The work, which hung in the White House for decades, was bought by the White House Historical Association, marking its most expensive acquisition to date. The sale followed a bitter ownership dispute among descendants of the original commissioner, President Franklin D. Roosevelt's press secretary Stephen T. Early, with a federal judge ruling in favor of the current owner, William Elam, in 2023.

video data bank downsizing school art institute chicago

The School of the Art Institute of Chicago (SAIC) laid off three of five staff members at the Video Data Bank (VDB), a renowned video art distribution organization, on November 12. Former director Tom Colley announced the dismissals of digital collection manager Elise Schierbeek and distribution assistant Nicky Ni, and stated that acquisitions and programming would cease. SAIC cited financial pressures from federal policy changes and enrollment declines, insisting the VDB is not closing but needs adjusted staffing to protect its teaching mission. The VDB, founded in 1976 and approaching its 50th anniversary, holds works by major artists including Nam June Paik, Pipilotti Rist, and Bruce Nauman, and has historically received NEA funding.

hauser wirth charged by uk authorities for breaching criminal sanctions

UK tax authority HM Revenue and Customs (HMRC) has charged mega-gallery Hauser & Wirth with breaching criminal sanctions by allegedly making a luxury artwork available to a person connected with Russia. The case involves a 2021 work-on-paper by George Condo titled *Escape from Humanity*, sold by the gallery between April and December 2022, after the UK banned luxury goods exports to Russia-linked individuals in April 2022. The gallery, along with shipping company Artay Rauchwerger Solomons, faces charges under the sanctions law, which was enacted following Russia's invasion of Ukraine. Hauser & Wirth has stated it strongly contests the charge and intends to plead not guilty.

judge approves purdue pharma settlement

A federal bankruptcy judge has approved a new settlement for Purdue Pharma, the pharmaceutical company behind OxyContin, resolving thousands of lawsuits related to its role in the opioid crisis. The deal, which replaces a 2021 settlement rejected by the Supreme Court, requires the Sackler family to contribute up to $7 billion and relinquish ownership of Purdue, while allowing individuals to sue family members directly.

friedrich kunath

Artist Friedrich Kunath, known for his sincere yet absurd paintings, discusses his unlikely friendship with tennis star Reilly Opelka, who is also an art collector. The two share a mutual obsession with each other's crafts—Kunath coaches Opelka in tennis, while Opelka seeks Kunath's insights on artists like Philip Guston. Kunath is preparing for his solo debut at Pace Gallery in New York this November, following his move from Blum Gallery, which closed shortly after. He reflects on the loneliness of both tennis and art, and his creative process, which draws heavily from music and film.

tate staff vote strike inadequate pay

More than 150 unionized workers at Britain's Tate museums, represented by the Public and Commercial Services Union (PCS), will strike from November 26 to December 2 over what they call inadequate pay raises. The strike follows a vote where 98% of members supported action, with 88% turnout. Staff at Tate Britain, Tate Modern, Tate Liverpool, and Tate St. Ives were offered a 2-3% salary increase, which the union argues is below the government's Civil Service Pay Remit Guidance maximum of 3.25%. The action coincides with the opening of the major exhibition "Turner & Constable: Rivals & Originals" at Tate Britain on November 27.

amoako boafo red dress consignor jesse williams

An Amoako Boafo painting, *Red Dress* (2017), has been consigned to Phillips’s upcoming modern and contemporary art day sale by actor and ARTnews Top 200 collector Jesse Williams. The work, estimated at $150,000 to $200,000, depicts Thelma Golden, director of the newly reopened Studio Museum in Harlem. It was previously featured in Boafo’s 2022 solo exhibition “Soul of Black Folks” at the Contemporary Arts Museum Houston. This marks another instance of a work from Williams’s collection appearing at Phillips, following a Noah Davis painting consigned by his ex-wife in 2024.

wifredo lam moma retrospective surrealism review

The Museum of Modern Art (MoMA) has opened a major retrospective of Afro-Cuban Surrealist painter Wifredo Lam, featuring over 200 works. The exhibition highlights Lam's masterpiece *Grande Composition* (1949), a 14-foot-wide painting recently acquired by MoMA after years of negotiation with a Paris collector. Curated by MoMA's new director Christophe Cherix and Beverly Adams, the show reexamines Lam's career, emphasizing his Afro-Cuban heritage and his use of hybrid figures like the femme-cheval, which reference Lucumí spiritual traditions.

wadsworth atheneum president allison blais

The Wadsworth Atheneum Museum of Art in Hartford, Connecticut, has appointed Allison Blais as its new president and CEO, effective January 2026. Blais, currently executive vice president and chief strategy and operations officer at New York’s 9/11 Memorial & Museum, will succeed Jeffrey N. Brown, who held the role for five years. The announcement was made by board chair Duffield Ashmead IV MD, who praised Blais's experience with large-scale capital projects and stakeholder engagement. Blais, a Connecticut native, expressed her long familiarity with the Wadsworth and her enthusiasm for working with museum director Matthew Hargraves.

stolen painting saint francis returned mexico church

A painting of Saint Francis of Assisi, stolen from the Church of San Francisco de Asis in Teotihuacán, Mexico, in 2001, has been recovered and returned to the church. The six-foot-tall work, painted in 1747 by an unknown artist, was among 18 artworks taken in a nighttime theft. It resurfaced in 2018 when it was consigned to Mexico City auction house Morton Subastas, whose due diligence with the Art Loss Register flagged it as stolen. The painting, valued at 280,000 Mexican pesos ($15,000), was returned to the church in a ceremony led by Padre Teodoro García Romero.

manny davidson collection sale results sothebys paris

Sotheby’s Paris raised €18.6 million ($21.5 million) from two live sales of the Manny Davidson collection this week, with a third online sale still ongoing. The collection, spanning nearly 500 lots, included rediscovered Old Masters, 18th-century gold enamel, and an automaton clock by James Cox. Highlights included Michael Sweerts’s *A young man wearing a turban holding an upturned roemer: the fingernail test* (1648–52), which sold for €1.6 million, and Joshua Reynolds’s *Self-Portrait, in doctoral robes* (ca. 1770), which fetched €838,200. The evening sale achieved 83% sell-through by lot, with most buyers from Europe and a third from the US.

manny davidson collection sale sothebys paris

Sotheby's Paris is selling "The Manny Davidson Collection: A Life in Treasures and Benevolence," a multi-owner sale of nearly 500 lots spanning Old Masters, 19th-century British paintings, 18th-century gold enamel, and decorative objects. Highlights include a rediscovered Michael Sweerts portrait estimated at €800,000–€1.2 million, a Thomas de Keyser portrait of a silversmith, and a Joshua Reynolds self-portrait study. The sale, which includes an evening auction on November 5 and an online component, was previewed by Sotheby's global head of private sales, Old Masters, Chloe Stead.