Sotheby’s Evelyn Lin On Asia’s Maturing Market, Young Collectors and the New Rules of the Hong Kong Sale

Sotheby’s recently concluded its spring marquee auctions in Hong Kong, generating a combined total of HK$711.8 million ($91.2 million). The sales were anchored by the success of Joan Mitchell’s 'La Grande Vallée VII,' which sold for $17.6 million, and achieved a nearly 100 percent sell-through rate by value. The performance was bolstered by the auction house's new 'Maison' headquarters, a dual-level retail and exhibition space that attracted over 44,500 visitors in the lead-up to the sales.

Drawing attention

Collector Patricia Poon and artist Angel Hui are among the figures highlighted in a series examining how Hong Kong women artists are gaining market share and recognition. The article reports that major auction houses Christie's, Sotheby's, and Phillips have moved their Asia headquarters to Hong Kong and now employ young women in key auctioneering roles. It notes a sharp increase in women artists featured in Chinese auctions, from 79 in 2019 to 231 in 2024, with 201 of those in Hong Kong. Works by artists like Firenze Lai, Elaine Chiu, and Kristy M Chan have performed strongly at auction, and Phillips has made promoting Hong Kong women artists a key priority.

weill cornells future at sothebys former headquarters 1234748185

Weill Cornell Medicine is proceeding with plans to develop a research facility at 1334 York Avenue, the former headquarters of Sotheby’s, despite a federal funding freeze that has disrupted hundreds of research projects. The 200,000-square-foot leased space is intended for medical research, patient care, and teaching, and the university has stated the lease is not contingent on government funding. However, S&P Global Ratings has revised the property’s valuation downward by nearly 12% since last year, citing uncertainty over Weill Cornell’s financial commitment to complete the build-out.

Inside Sotheby’s Latest Financial Maneuvers

Sotheby's is under financial scrutiny due to two key developments. A New York real estate broker has filed a $10.2 million lawsuit against the auction house over commissions from the sale of its former Manhattan headquarters, a claim Sotheby's disputes. Concurrently, the company has launched a new delayed-payment program for clients, raising questions about its liquidity.

Artist Maya Lin poses probing questions around New York City during Climate Week

Artist Maya Lin, in collaboration with the non-profit Art 2030, has launched a public art campaign titled "What If?" across New York City during Climate Week (21-28 September). The project features large-scale posters at the United Nations Headquarters Plaza and on JCDecaux-owned bus shelters, posing probing environmental questions and galvanizing answers to inspire curiosity and action. Additional activations include a mural by Amanda Phingbodhipakkiya at the Nest Climate Campus, a caption contest for Tom Toro's New Yorker cartoon at the Climate Museum, and new didactic interventions at the American Museum of Natural History's dioramas highlighting climate change threats.

Julia Stoschek Foundation Closes Berlin Location

Julia Stoschek Foundation schließt Berliner Standort

The Julia Stoschek Foundation is closing its Berlin exhibition space at the end of October. The foundation, which specializes in video art, opened the venue in 2016 in a former Czech cultural center on Leipziger Straße, quickly becoming a key destination for time-based art in the city. Over its run, it presented 22 solo and group shows featuring artists such as Arthur Jafa, Ian Cheng, and Mark Leckey, attracting more than 450,000 visitors. The closure is part of a strategic reorientation: the foundation will now focus on its headquarters in Düsseldorf and temporary international projects, building on recent presentations abroad like a show in Los Angeles that drew over 30,000 visitors in early 2026.

Kruso Art in the former Cinema De Amicis and advance lending on auction lots

Kruso Art has inaugurated its new Milan headquarters within the historic former Cinema De Amicis, following a six-million-euro redevelopment by Banca Sistema. The multifunctional space will host its first auction on April 15 during Milano Art Week, featuring 57 contemporary works from a private collection, including pieces by Rémy Zaugg, Giuseppe Stampone, and Darren Almond.

Sotheby’s to hold $141M Modern, Contemporary Art Sale in London

Sotheby’s is preparing to host a major Modern and Contemporary Art Evening Sale at its London headquarters on March 4. The auction features a high-profile selection of works with a total estimated value exceeding £110 million ($140.8 million), anchored by masterpieces from the impressionist and modern eras.

Christie's Hong Kong autumn sale drops 46% from last year but makes Picasso's record in Asia

Christie's 20/21st Century Autumn sale in Hong Kong on 26 September generated $72.6 million, a 46% drop from the same sale last year and roughly flat compared to its March sale. Despite the decline, a Picasso painting, *Buste de Femme* (1944), set a new Asia record at HK$196.75 million ($25.4 million) after a fierce bidding war. Other top lots included Zao Wou-ki's *17.3.63* (HK$85.2 million) and Yayoi Kusama's *Pumpkin [TWAQN]* (HK$34.66 million). The sale marked the first anniversary of Christie's Asia headquarters in the Henderson building. Sotheby's and Phillips also held autumn sales that weekend, with Sotheby's totaling HK$335.7 million and Phillips achieving HK$160 million.

alexis sablone inducted skateboarding hall of fame 1234770142

Artist, designer, architect, and Olympian skateboarder Alexis Sablone has been inducted into the Skateboarding Hall of Fame as part of its Class of 2026, announced on January 15. The 18 inductees were selected for shaping skateboarding culture and global impact, with the ceremony set for May 15 at Vans Headquarters in Costa Mesa, California. Sablone is known to the art world for skateboarding down the Solomon R. Guggenheim Museum's spiral ramp in 2023 to promote her first sneaker design for Converse, and for creating skateable public art like 'Lady in the Square' in Sweden and 'Candy Courts' in New Jersey.

new york city museums climate mobilization act 1524256

The New York City Council passed the Climate Mobilization Act, a sweeping piece of legislation designed to drastically reduce greenhouse gas emissions from large and mid-sized buildings. The law sets strict emissions reduction targets for 2024, 2030, 2040, and 2050, with the ultimate goal of an 80% reduction by 2050. Major cultural institutions like the Solomon R. Guggenheim Museum, the Whitney Museum of American Art, the New Museum, and the planned headquarters of Pace Gallery are among the buildings affected.

More than 160 artists selling their work to raise funds for medical, humanitarian aid in Gaza

More than 160 artists have donated works to an online charity auction called "100 Artists for Gaza," with all proceeds going to Médecins Sans Frontières (Doctors Without Borders) for humanitarian aid in Gaza. Organized by artists Mai-Thu Perret, Vidya Gastaldon, Sarah Benslimane, and art specialist Anne Lamunière, the sale features works by notable figures including Kara Walker, Wolfgang Tillmans, Peter Doig, and Olafur Eliasson. The pieces, each roughly 8 by 12 inches, have been exhibited at the organization's Geneva headquarters since November 11, with a live auction concluding on December 2.

trump hotel belgrade plan collapses indictments 1234771355

Plans to convert Belgrade's historic Generalštab complex, a former Yugoslav military headquarters and landmark of postwar Modernism, into a Trump International Hotel have collapsed. The developer, Affinity Global Development, withdrew from the deal after Serbia's culture minister and three senior heritage officials were indicted on charges of abuse of office and falsifying documents related to the project.

kryptos sculpture code cia 1234762958

An anonymous buyer paid $962,500 at an RR Auction sale for the code to the final unsolved passage of Jim Sanborn's sculpture "Kryptos," located at the CIA headquarters in Langley, Virginia. The sculpture, dedicated in 1990, contains four encrypted passages; three have been cracked by cryptologists, but the 97-character fourth passage (K4) has remained unsolved for decades. Sanborn, now 80, decided to sell the solution after growing tired of fielding inquiries from enthusiasts, despite a recent discovery of the solution in the Smithsonian's Archives of American Art that raised questions about the auction.

rare royal blue sapphire necklace sells christies hong kong 1234763538

A rare sapphire necklace known as the “Royal Blue” sold for HKD 125,450,000 ($16,131,051) at Christie’s Hong Kong on Tuesday, during the auction house’s Hong Kong Luxury Week Autumn 2025. The necklace, featuring 104.61 carats of Kashmir Royal Blue sapphires, was the highlight of the “Magnificent Jewels” sale and fell within its pre-sale estimate of HKD 100–150 million.

Leaning on luxury goods, Sotheby's launches auction week in Abu Dhabi

Sotheby's will hold its first auction week in Abu Dhabi this December, partnering with the Abu Dhabi Investment Office (ADIO). The event, which includes auctions, exhibitions, and events from October through December, focuses on luxury goods such as cars, jewelry, and watches, targeting ultra-high net worth individuals. Highlights include the sale of the 31.86-carat 'Desert Rose' diamond and a 'Triple Crown' car collection in collaboration with McLaren Racing. The move follows ADQ's $1 billion minority stake in Sotheby's in October 2024.

Artists travel back in time with work created from ancient wood discovered at site of lost London river

The artist twins Jane and Louise Wilson are presenting a new exhibition, "Performance of Entrapment," at London Mithraeum Bloomberg Space from 17 July 2025 to 1 January 2026. The show features 2,000-year-old oak stakes unearthed during excavations by the Museum of London Archaeology (Mola) at Bloomberg's European headquarters between 2012 and 2014. These timbers, dated to AD50-80, were preserved in the waterlogged conditions of the lost Walbrook river valley. The Wilsons also incorporate films and layered works, including images from scanning electron microscopy of the ancient wood.

Sotheby’s Owes Real Estate Firm $10.2 Million Commission: Lawsuit

Real estate giant Cushman & Wakefield has filed a lawsuit against Sotheby’s, alleging the auction house failed to pay a $10.2 million commission following the $510 million sale of its New York headquarters. The dispute centers on the building at 1334 York Avenue, which was sold to Weill Cornell Medicine in late 2025 after the medical institution initially leased several floors through a deal brokered by the real estate firm.

Ethiopia’s Africa Hall wins Modernist conservation award

The World Monuments Fund and Knoll have awarded the 2026 World Monuments Fund/Knoll Modernism Prize to the Australia-based architecture firm Architectus for its conservation of Africa Hall in Addis Ababa, Ethiopia. The building, completed in 1961 and designed by Italian architect Arturo Mezzedimi, serves as the headquarters of the United Nations Economic Commission for Africa and was commissioned by Emperor Haile Selassie. The decade-long, $57 million restoration project, completed in October 2024, involved local experts, restored original furniture and stained-glass windows by artist Afewerk Tekle, and modernized the structure while preserving its modernist vision. The jury also awarded its first Stewardship Award for Modernist Homes to the Umbrella House in Sarasota, Florida, designed by Paul Rudolph.

Red Carpet Reception proves new home’s a winner for Coors Western Art Exhibit & Sale | NONPROFIT REGISTER

The 34th Coors Western Art Exhibit & Sale held its Red Carpet Reception on Thursday night, drawing over 1,000 guests to its new venue on the second floor of The Legacy, the recently completed $100 million headquarters of the National Western Stock Show. The 2026 show features 93 participating artists and 354 works, including wildlife, landscape, sculpture, and plastics, with a sales goal exceeding $1 million to benefit the National Western Scholarship Trust. Featured artist Logan Maxwell Hagege of Ojai, California, presents works such as "Springtime in the Rockies" ($85,000) and "Indigo Stripes" ($18,500), while his piece "Hopeless Dreamer" was purchased for the Stock Show's Permanent Collection.

GARAICOA AND IBARRA FEATURED IN CAAM S INAUGURAL GROUP SHOW

The Centro Atlántico de Arte Moderno (CAAM) in Gran Canaria has opened a new group exhibition titled 'Construyendo Colección. Últimas adquisiciones,' featuring five recently acquired works. The show highlights pieces by artists Carlos Garaicoa and Karlo Andrei Ibarra, as well as Canarian artists Esther Aldaz, Teresa Arozena, and Yapci Ramos, presenting a mix of photography, sculpture, and site-specific installation.

The new art conglomerate: Pace Gallery, Emmanuel Di Donna and David Schrader join forces

Pace Gallery, Emmanuel Di Donna, and David Schrader have announced a joint venture to launch Pace Di Donna Schrader Galleries (PDS), a new entity focused on secondary market sales. The partnership, revealed on the eve of Art Basel Miami Beach, will operate from a new headquarters on Manhattan's Upper East Side, with equal partnership among the three. PDS will leverage Pace's global network of galleries in cities including Los Angeles, London, Geneva, Berlin, Seoul, and Tokyo. Di Donna, founder of Di Donna Galleries and former Sotheby's vice chairman, brings expertise in Surrealist, Modern, and post-war art; Schrader, a former Sotheby's head of private sales, adds auction-house experience. The venture is set to begin operations in early 2025, with Di Donna's team moving to the new space in summer 2026.

The Forgotten of Art: The Story of Architect and Sculptor Pietro De Laurentiis

I dimenticati dell’arte. La storia dell’architetto e scultore Pietro De Laurentiis

The life and legacy of Pietro De Laurentiis, a multifaceted Italian architect, sculptor, and cultural activist, are being rediscovered through a retrospective look at his prolific career. Born into a peasant family in Abruzzo, De Laurentiis rose to prominence in Rome's mid-century art scene, balancing a forty-year teaching career at the Faculty of Architecture with significant public commissions, including bronze panels for the ACEA headquarters and marble works for INPS. His artistic style evolved from rural-inspired figuration to a unique geometric abstraction that blended Cubism with folk traditions.

Ole Scheeren’s Róng Museum: From Tech‑City to Cultural Capital

German architect Ole Scheeren is designing the Róng Museum of Art, a beehive-like cultural complex set to open in 2027 in Shenzhen's Houhai Hybrid Campus. The museum represents his latest major architectural project in China, following his iconic work on Beijing's CCTV headquarters and other landmark structures across Asia.

The Forgotten Eligibles. Protest over the Ministry of Culture's ranking of 200 art historians

Gli idonei dimenticati. Protesta per la graduatoria dei 200 storici dell’arte del Ministero della Cultura

The CISDA (Committee of Qualified Art Historians) has issued a strong protest against the Italian Ministry of Culture's intention to let the ranking list from a 2018 public competition for Art Historian Officials expire on May 30, 2026, without extension. This would invalidate the eligibility of 204 qualified candidates who passed rigorous selections. The protest has escalated into a parliamentary inquiry directed at Culture Minister Alessandro Giuli, and a public demonstration is scheduled for April 28 in front of the Ministry's headquarters in Rome.

Toulouse is the European capital of space travel (and knows how to celebrate it)

Tolosa è la capitale europea dei viaggi nello spazio (e sa come celebrarli)

Toulouse has solidified its status as Europe’s aerospace capital, blending industrial prowess with cultural engagement. The city, home to the Airbus headquarters and the National Centre for Space Studies (CNES), celebrates the legacy of flight from Clément Ader’s 1890 steam-powered takeoff to modern satellite technology. Key institutions like the Cité de l’espace and the Envol des Pionniers museum offer immersive experiences, including flight simulators, real-scale rocket replicas, and exhibitions on the history of Air France.

From Trash to Treasure: 21 Local Artists Transform Discarded Materials Into Art

Resource Depot in West Palm Beach, Florida, has opened its 8th Annual Waste to Wonder juried group exhibition. The show features 21 local artists who create artworks from discarded materials sourced from the organization's inventory, transforming items like textiles, plastics, and industrial scraps into sculptures and mixed-media pieces. The exhibition runs through February 26, 2026, in the Pam Sartory GalleRE at the depot's headquarters.

Photo gallery: Arts Commission showcases new space

The Arts Commission of Greater Toledo has officially unveiled its new headquarters and community art space. The move marks a significant transition for the organization, providing a modernized environment to host local exhibitions, administrative operations, and public programming in the heart of the city.

This art exhibition wants to leave you ‘a bit happier’

Architect and artist François Valentiny, together with his wife Edith Burggraff, has opened a joint exhibition titled "L'art en partage" at the Valentiny Foundation in Remerschen, Luxembourg. Running until 10 May, the show features paintings and sculptures by the couple and is accompanied by concerts, workshops, and community events. Valentiny, known for designing landmarks like KPMG Luxembourg's headquarters and the Bijou building, studied architecture in Vienna and splits his time between Luxembourg and Austria.

10 Apartments OK’d For Ex-Art Gallery Building

The New Haven City Plan Commission has unanimously approved the conversion of the historic John Slade Ely House into 10 studio apartments. The Elizabethan mansion, which served as a prominent local arts hub since 1961, was most recently home to the Ely Center of Contemporary Art before the organization vacated the property in December 2025. The redevelopment plan by G.L. Capasso includes preserving the building's exterior while creating small residential units, including one designated affordable housing unit.