New York Is About to Sell $3 Billion in Art. Who’s Buying?

Vanity Fair's Nate Freeman reports on New York's spring art season, where auction houses are poised to sell at least $2.6 billion in art alongside major museum exhibitions (Raphael at the Met, Duchamp at MoMA, Matisse at Acquavella) and the opening of Frieze New York at The Shed. The article follows the social and commercial frenzy, highlighting a David Shrigley gong installation at Anton Kern Gallery's booth and the enduring dominance of New York, where nearly 90% of U.S. art sales occur.

Sotheby’s $433 Million Contemporary Evening and Mnuchin Sales Kicked Off New York’s May Marquee Auctions

Sotheby's held two major evening sales in New York—the Mnuchin collection sale and The Now & Contemporary Evening Auction—generating a combined $433.1 million. The Mnuchin sale achieved a white-glove result of $166.3 million, led by Mark Rothko's *Brown and Blacks in Reds* (1957) which sold for $85.8 million, while the contemporary auction reached $266.8 million, with Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* as the top lot. The results fell within presale estimates but marked a 133% increase over last May's contemporary sales.

Secretive LA art dealer Larry Gagosian to be subject of 'juicy' unauthorized doc

An unauthorized documentary about mega-gallerist Larry Gagosian is in the works, directed by Barry Avrich, who previously helmed the Netflix hit "Made You Look: A True Story About Fake Art." Titled "Shadow Man: Inside The Secret World of Larry Gagosian," the film promises to feature former employees and artists sharing insider stories about Gagosian's empire. Avrich has a track record of documentaries on high-profile figures, including Lew Wasserman and Harvey Weinstein.

Damien Hirst | Hands in Prayer (Coral) (2010) | For Sale

This article is a sales listing for Damien Hirst's sculpture "Hands in Prayer (Coral)" (2010), a limited-edition bronze work from his series "Treasures from the Wreck of the Unbelievable." The piece is offered by Kristy Stubbs Gallery in Dallas, Texas, priced at $225,000. The listing includes details about the work's materials, dimensions, edition number (2/3), and condition, along with a biography of Hirst highlighting his career as a Young British Artist, his major exhibitions at institutions like Tate Modern and the National Gallery of Art, and his record-breaking auction sales.

It’s the Most Controversial Venice Biennale in Years. Can the Art Stand Up to the Noise?

The 2026 Venice Biennale is embroiled in controversy, with the US Pavilion at the center of a political storm. The Trump administration's State Department overhauled the selection process, bypassing the usual NEA panel and commissioning a nonprofit, the American Arts Conservancy, to organize the pavilion. Artist Alma Allen, who accepted the invitation despite threats from galleries and curators, presents a show that critics find politically muted. The Biennale's jury resigned days before the opening, and annual prizes were canceled, adding to the turmoil.

The Only Guide to This Year’s Venice Biennale You Will Ever Need

The 61st Venice Biennale opens amid significant turmoil. The entire jury of the International Art Exhibition resigned after a statement about withholding prizes from countries with leaders charged with crimes against humanity by the ICC, leading to the cancellation of the Golden Lion awards in favor of 'Visitors' Lions' to be given at the exhibition's end. The event has been further marred by the sudden death of artistic director Koyo Kouoh from liver cancer in early 2025, and the death of artist Henrike Naumann, who was set to debut work in the German pavilion. Additionally, the selection process for the American pavilion artist, Mexico-based sculptor Alma Allen, sparked controversy after a delayed grant application process.

First Look: See What’s Inside the Met Gala’s “Costume Art” Exhibition

Vanity Fair art and style correspondents Nate Freeman and José Criales-Unzueta preview the Metropolitan Museum of Art's Costume Institute spring exhibition "Costume Art," which inaugurates the Condé M. Nast Galleries. The exhibition arrives amid controversy over the Met Gala being sponsored by Lauren Sánchez Bezos and Jeff Bezos, leading to boycott calls and New York Mayor Zohran Mamdani skipping the event. Despite this, Anna Wintour and Met director Max Hollein announced the gala raised a record $42 million. Head curator Andrew Bolton presents fashion as art, pairing garments with artworks like Warhol's Skull and Sarah Lucas's Nud Cycladic 9.

Art Events May You Cannot Miss in London

An Artlyst guide highlights several major art exhibitions opening in London in May 2026. Key shows include 'Zurbarán' at the National Gallery (the UK's first major monographic exhibition of the Spanish master in over 30 years), 'Rising Voices: Contemporary Art from Asia, Australia and the Pacific' at the V&A (a collaboration with QAGOMA featuring 40 artists), a James McNeill Whistler retrospective at Tate Britain (the first major European show in 30 years), and 'Winston Churchill: The Painter' at the Wallace Collection. Photo London is also moving to Olympia this year.

Amanda Carneiro and Raphael Fonseca to curate 2027 Bienal de São Paulo

Amanda Carneiro and Raphael Fonseca have been named curators of the 2027 Bienal de São Paulo. Carneiro, a curator at MASP since 2018, has organized solo exhibitions for artists including Santiago Yahuarcani, Beatriz Milhazes, and Sonia Gomes, and was part of Adriano Pedrosa’s curatorial team for the 2024 Venice Biennale. Fonseca, visual arts programmer at Culturgest and curator-at-large at the Denver Art Museum, is currently curating the Taiwan Pavilion for the 2026 Venice Biennale and co-curating the 3rd Counterpublic Triennial. He also curated the 2025 Bienal do Mercosul.

With new Costume Institute exhibition and galleries, the Met makes powerful statement about fashion's place in museums

The Metropolitan Museum of Art has opened a major new Costume Institute exhibition titled "Costume Art," which runs until January 10, 2027, in the newly designed Condé M. Nast Galleries by Peterson Rich Office. Curated by Andrew Bolton with Stephanie Kramer, Ayaka Iida, and Emily Mushaben, the show features nearly 400 objects from all 19 of the museum's collecting departments, organized around body typologies such as the "Classical Body" and "Aging Body." The exhibition marks a significant institutional commitment to fashion as a central curatorial concern, with the 12,000-square-foot space adjacent to the Great Hall.

Un’isoletta tutta dedicata all’arte nel mezzo della Laguna di Venezia. Va avanti il progetto della Fondazione Sandretto Re Rebaudengo sull’Isola di San Giacomo

The Fondazione Sandretto Re Rebaudengo has opened a new art space on the island of San Giacomo in the northern Venetian lagoon, acquired in 2018 by Patrizia Sandretto Re Rebaudengo and Agostino Re Rebaudengo. The island, previously abandoned, has been transformed into a laboratory for art and sustainability, with a gradual opening plan that initially aligns with the Venice Biennale. The inaugural program launched on May 7, 2026, includes a solo exhibition by Matt Copson curated by Hans Ulrich Obrist, a group show titled 'Don’t have hope, be hope!', and a photographic documentation of the restoration process by Giovanna Silva and Antonio Fortugno.

A Londra si allestisce un’installazione di Christo e Jeanne-Claude che non si era mai vista prima

An unprecedented installation by Christo and Jeanne-Claude, titled "Air Package on a Ceiling," is being exhibited for the first time at Gagosian's Grosvenor Hill space in London, opening May 21, 2026. The work was originally conceived in 1968 for the Institute of Contemporary Art in Philadelphia but never realized due to technical constraints. It was rediscovered in 2018 when Lorenza Giovanelli, Christo's former studio manager, found a detailed scale model hidden inside a pedestal. The exhibition also includes early works such as "Wrapped Automobile—Volvo, Model PV-544" (1981), not seen in thirty years, alongside preparatory drawings and collages.

Behind every great artist... there is a great gallery. A look at the 2026 Venice Biennale

Dietro ogni grande artista… c’è una grande galleria. Un punto sulla Biennale Arte 2026

The 61st Venice Biennale, titled "In Minor Keys" (May 9 – November 22, 2026), features over 90% living artists, a significant shift from recent editions focused on historical rediscoveries. Curated by the late Koyo Kouoh (1967–2025), the first African woman to lead the Biennale, the exhibition includes 111 artists, with a majority of women (64 vs. 48 men) and the highest percentage of African-born artists ever (20%). Notable participants include Nick Cave, Carsten Höller, Alfredo Jaar, and Kader Attia, with a focus on mid-career and established figures rather than emerging or deceased artists.

National Museum of Women in the Arts Director Susan Fisher Sterling to Retire

Susan Fisher Sterling, director of the National Museum of Women in the Arts (NMWA) in Washington, D.C., will retire at the end of 2024 after 18 years in the role and nearly four decades at the institution. Sterling joined NMWA as an associate curator in 1988, rose through the ranks to become director in 2008, and oversaw a $67.5 million renovation completed in 2023, expansion of the collection to over 6,000 works, and partnerships with the Louvre, the State Hermitage Museum, and Tate Modern. The board of trustees has begun a search for her successor with executive search firm Howe-Lewis International.

Untitled Art will launch four new prizes at Houston fair's second edition

Untitled Art Houston, returning for its second edition from October 2 to 4 at the George R. Brown Convention Center, has announced four new prizes for exhibitors and artists, bringing the total potential prize value to $113,200. New sponsors include the University of Texas MD Anderson Cancer Center ($20,000 acquisition prize), Public Art of the University of Houston System ($25,000 acquisition prize), Hotel Daphne ($30,000–$50,000 for up to three works), and the Houston Grand Opera ($7,500–$10,000 plus a commission and residency). Two residency prizes from the fair’s debut—PAC Art Residency and Casa Santa Ana Residency—will continue.

art venice biennale gallery exhibition guide

Cultured magazine has published a guide to art exhibitions during the Venice Biennale, highlighting several major shows across the city. Featured exhibitions include "If All Time Is Eternally Present" at Palazzo Nervi-Scattolin with works by Tai Shani, Meriem Bennani & Orian Barki, and Kandis Williams; "Michael Armitage: The Promise of Change" at Palazzo Grassi; "Amoako Boafo: It doesn’t have to always make sense" at Palazzo Grimani; "Transforming Energy" by Marina Abramović at Gallerie dell’Accademia; and "Helter Skelter" by Arthur Jafa and Richard Prince at Fondazione Prada. The guide provides details on dates, locations, and curatorial themes for each show.

A Major Martin Puryear Retrospective Reveals an Artist Who Has Never Stopped Evolving

The Cleveland Museum of Art has opened "Nexus," a major retrospective of Martin Puryear featuring over 50 works, the first comprehensive survey of the artist's career in some time. The exhibition includes rarely displayed early pieces from Puryear's personal collection alongside recent works, organized in consultation with the 84-year-old artist. Highlights include the titular 1979 piece "Nexus" made of Alaskan yellow cedar, and other works like "Night and Day" and "Alien Huddle" that showcase his mastery of wood and cold-molding techniques.

'V' from 'Hockney's Alphabet' , 1991

This article is a sales listing for David Hockney's limited-edition lithograph 'V' from the 1991 portfolio 'Hockney's Alphabet', offered by Baldwin gallery for £1,850. The work is signed by the artist and editor, comes with a certificate of authenticity, and is printed on Exhibition Fine Art Cartridge paper in an edition of 250. The listing includes a biography of Hockney, noting his iconic California pool paintings, his record-breaking $90.3 million sale at Christie's in 2018, and his representation by major international galleries.

Sotheby’s May Auctions: Rothko’s $100M Masterpiece Headlines

Sotheby's is holding its most ambitious May auction series in New York, headlined by Mark Rothko's monumental painting *Brown and Blacks in Reds* (1957), estimated at $70–100 million. The sales include a dedicated auction for the collection of legendary dealer and collector Robert Mnuchin, valued at over $130 million, featuring works by Rothko, Franz Kline, and Jeff Koons. Other highlights include Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* (1983), estimated at over $45 million, and Willem de Kooning's *Untitled III* (1975), making its auction debut with a $25–35 million estimate. The series spans Modern and Contemporary art, with additional works by Pablo Picasso and Vincent van Gogh.

DOZIE KANU’S FIRST FORAY INTO MASS-PRODUCTION

Artist Dozie Kanu has debuted his first mass-production collaboration with Knoll, a line of leather-tasseled tables launched in 2026 during Milan's Salone del Mobile, shortly after the opening of his solo exhibition at Fondazione ICA Milano. The Texas-born, Portugal-based artist, who first appeared in PIN–UP magazine in 2018 as an emerging design wunderkind, has since expanded his practice beyond collectible design into art, exhibition-making, film, and music. His recent projects include a documentary short screened at South by Southwest, a two-person exhibition with László Moholy-Nagy at Meyer Voggenreiter's project space piece*unique in Cologne, and a solo show at ICA Milano that dialogues with Marc Camille Chaimowicz and Jean Cocteau, featuring works alongside selections from the Nicoletta Fiorucci Foundation collection.

Peter Doig | Peter Doig - Courtauld Gallery Exhibition poster, 20… (2024) | For Sale

A hand-signed offset lithograph poster by Peter Doig, created for his 2023 exhibition at the Courtauld Gallery in London, is being offered for sale by Alpha 137 Gallery in New York. The poster, signed by the artist in marker and accompanied by a certificate of authenticity, is priced at $5,500. The listing includes a detailed biography of Doig, noting his birth in Edinburgh in 1959, his upbringing in Trinidad and Canada, his studies at Wimbledon School of Art, Saint Martin's, and Chelsea School of Art, and his rise to international prominence as a painter who reinvigorated the medium. It also highlights his major museum exhibitions and auction record of $39.9 million at Christie's in 2021.

At MAXXI L'Aquila, exhibition dedicated to Ai Weiwei recounts catastrophes and memory

From April 29 to September 6, 2026, MAXXI L'Aquila presents "AI WEIWEI: Aftershock," an exhibition curated by Tim Marlow featuring approximately seventy works by Chinese artist, architect, and activist Ai Weiwei. The show spans his entire career, focusing on themes of earthquakes, wars, political repression, and memory. The centerpiece is the installation "Straight" (2009–2012), made from 150 tons of steel rods recovered from schools that collapsed in the 2008 Sichuan earthquake, displayed across three rooms. The exhibition is held at Palazzo Ardinghelli, a Baroque building that houses MAXXI L'Aquila and was itself restored after the 2009 L'Aquila earthquake, creating a dialogue between the works and the building's history of recovery.

12 Art Books to Kick Off Summer

Hyperallergic's Lakshmi Rivera Amin presents a curated list of 12 art books for summer reading, including a novel lampooning the art world, Megan O'Grady's meditation on art and living, Kory Stamper's exploration of color lexicography, Nan Goldin's reissued photo essay, and Jennifer Higgie's prose poetry novel. The roundup also features Vincenzo Latronico's 'Perfection,' Nina Burleigh's satirical 'Turn Around, Don’t Drown,' and a graphic novel by Naoki Matayoshi and Shinsuke Yoshitake, among others.

Ed Ruscha | A Particular Kind Of Heaven (1983) | Art & Prints

Ed Ruscha's 1983 work "A Particular Kind Of Heaven" is being offered at auction through Tate Ward, with current bidding at £100. The piece is an exhibition poster from the Fine Arts Museums of San Francisco, measuring 61 x 92 cm, and is part of Tate Ward's Urban and Contemporary Art London sale. The listing also shows multiple other Ruscha works available from various sellers, including posters and prints from EHC Fine Art Auction, Blond Contemporary, and Baldwin.

Christo: Air review – surprisingly profound manifestation of the wrapper’s impossible dream

Christo's posthumous exhibition "Air" at Gagosian in London finally realizes a 1960s concept to contain air within a room, using a massive polyethylene sack suspended from the ceiling that forces visitors to physically engage with the space. The show also includes early wrapped bubble works and a preserved wrapped Volvo, tracing the artist's lifelong fascination with making the invisible tangible.

New Richard Avedon documentary chronicles how he shaped the evolution of photography

Imagine Documentaries, the nonfiction arm of Ron Howard and Brian Grazer's Imagine Entertainment, premiered a new documentary about photographer Richard Avedon at the Cannes Film Festival on May 17. The film, co-produced by the Richard Avedon Foundation, draws heavily from archival interviews conducted by Helen Whitney for the PBS series *American Masters*, supplemented by new interviews with Avedon's son John, muse Lauren Hutton, Isabella Rossellini, Twyla Tharp, and former *New Yorker* colleagues Tina Brown and John Lahr. The documentary explores Avedon's career, his technique of building rapport with subjects, and his iconic images such as *Dovima with Elephants*, which dealer Larry Gagosian notes sold for $2 million.

Willem de Kooning’s Rarely Seen Drawings Come Into Focus in Chicago Show

A forthcoming exhibition at the Art Institute of Chicago (AIC), titled "Willem de Kooning Drawing," will showcase over 200 rarely seen drawings by the Abstract Expressionist master, opening in June. The show, organized in partnership with the Rijksmuseum, includes works from across de Kooning's career—from early charcoal studies like *Dish with Jugs* (1919–1921) to experimental pieces from the 1960s where he drew with his eyes closed or with both hands. Curated by Kevin Salatino, the exhibition positions drawing as central to de Kooning's practice, challenging the perception that his paintings were purely spontaneous.

Inside TEFAF New York’s Annual Wealth Pageant

The 12th annual TEFAF New York fair took place at the Park Avenue Armory from May 15 to 19, attracting wealthy collectors with a mix of blue-chip art, design objects, and jewelry. Highlights included Kathleen Ryan's bejeweled 'Bad Fruit' sculptures at Gagosian, Cai Guo-Qiang's gunpowder paintings at White Cube (which sold 11 of 12 works), Sheila Hicks's textiles at Demisch Danant, and a new David Hockney painting at Annely Juda Fine Art. The fair featured 88 galleries from 14 countries, with VIP previews drawing art advisors and high-net-worth clients.

The Can’t-Miss Moments at TEFAF New York 2026

TEFAF New York 2026 opened to packed crowds at the Park Avenue Armory, showcasing a mix of historic and contemporary works. Highlights include Gagosian’s solo booth of Kathleen Ryan’s bejeweled “Bad Fruit” sculptures, Thaddaeus Ropac’s presentation of monumental canvases by Danish painter Eva Helene Pade, and Axel Vervoordt Gallery’s spotlight on overlooked Italian painter Ida Barbarigo. The fair also features collectible design and perennial favorites like Alexander Calder mobiles and Alighiero Boetti tapestries.

Rothko from Robert Mnuchin’s Estate Sells for $85.8 M., Leading Sotheby’s New York’s $433.1 M. Contemporary Art Sale

Sotheby’s New York held a $433.1 million modern and contemporary art sale at its Madison Avenue headquarters, led by Mark Rothko’s *Brown and Blacks in Reds* (1957), which sold for $85.8 million. The auction opened with 11 works from the estate of legendary dealer Robert Mnuchin, totaling $166.3 million, including a second Rothko and pieces by Willem de Kooning, Franz Kline, and Pablo Picasso. The contemporary art segment followed, with Jean-Michel Basquiat’s *Museum Security (Broadway Meltdown)* (1983) selling for $52.7 million. The overall sale was described by advisers as robust but not particularly exciting, and it significantly exceeded the $186.1 million equivalent sale from last year.