How Pharrell’s Joopiter Is Redefining What an Auction House Can Be

Pharrell Williams launched his own auction platform, Joopiter, after finding traditional auction houses ill-suited to sell his collection of fashion, jewelry, and timepieces. The platform has rapidly expanded from single-owner sales into a multi-category auction house, handling luxury goods, sports memorabilia, pop culture artifacts, and contemporary art, with a recent headline lot being a $5 million Triceratops skeleton named Trey.

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The longtime New York City residence and studio of legendary photographer Robert Frank and sculptor June Leaf has been listed for sale at $6.5 million. Located at 7 Bleecker Street in NoHo, the 209-year-old Federal-style townhouse served as the couple's creative base for over four decades, maintaining a raw, unfinished aesthetic that mirrored their artistic sensibilities. Despite its significant art-historical pedigree, the real estate listing omits the artists' names, instead marketing the property as a redevelopment opportunity with significant buildable square footage.

meet the forgotten women of the flemish golden age 2751227

The Museum of Fine Arts (MSK) in Ghent has launched "Unforgettable," a landmark exhibition recovering the histories of over 40 women artists who were active in Belgium and the Netherlands between 1600 and 1750. The show highlights the professional success of figures like Princess Louise Hollandine and Maria Schalcken, while also acknowledging the anonymous working-class women who fueled the luxury economy through lacemaking. It challenges the long-held myth that female artists were rare exceptions during the Flemish Golden Age.

gulf art market 2740860

The Gulf region is rapidly transforming into a primary axis for the international art trade, marked by the upcoming debut of Art Basel Qatar and the rebranding of Abu Dhabi Art as a Frieze event. While state-led museum projects have long dominated headlines, a surge of commercial activity is now taking hold as blue-chip galleries like Pace and David Zwirner join local stalwarts. This expansion comes at a strategic time as traditional markets in the U.S., U.K., and China face contraction.

frank lloyd wright norman lykes house sale 2742659

The Norman Lykes House, also known as the Circular Sun House, the final residential design by architect Frank Lloyd Wright, is listed for sale at $8.8 million. Designed in 1959 for clients Norman and Aimee Lykes, the Phoenix, Arizona home was completed posthumously in 1967 and is a rare example of Wright's late-career exploration of curvilinear, organic architecture.

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Taschen has released a monumental two-volume monograph titled "Art Sin Fin" (2026) dedicated to the 96-year-old Chilean filmmaker and polymath Alejandro Jodorowsky. The book, priced at $1,500 and packaged in a Plexiglass box, spans over 2,000 pages and includes film stills, collages, drawings, photographs, comic strips, and performance images curated by Jodorowsky himself in collaboration with Donatien Grau, head of contemporary programs at the Louvre Museum. It covers his entire career, from his surrealist films "El Topo" (1970) and "The Holy Mountain" (1973) to his failed "Dune" adaptation, his comic series like "The Incal" and "The Metabarons," his psychomagic therapy practice, and recent collaborations with his wife Pascale Montandon.

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Artnet News columnist reflects on the fragile state of the art market as 2025 ends, noting that global instability and troubling news have dampened buyer psychology. Despite this, major auction houses reported strong annual sales—Sotheby's at $7 billion (up 17%) and Christie's at $6.2 billion (up 6%)—and a series of high-profile sales, including the Pauline Karpidas collection auction and Leonard Lauder's Gustav Klimt portrait fetching $236.4 million, have sparked renewed momentum. The article quotes advisors and dealers who sense a market bottom has passed, with buyers returning to auctions and fairs like Art Basel Miami Beach.

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Hauser & Wirth and art shipping company Artay Rauchwerger Solomons face trial over charges of evading U.K. sanctions by allegedly making artist George Condo's 2021 work on paper, *Escape from Humanity*, available to a person connected with Russia in 2022. The U.K. Crown Prosecution Service brought the charge in November, and a judge has scheduled a 10-day trial for January 2028, with a hearing on May 5, 2026, for arraignment. Hauser & Wirth has stated it will plead not guilty, while the shipping firm, which went into voluntary liquidation in April 2024, did not respond to requests for comment.

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Kenny Schachter offers his predictions for the art world in 2026, set against a backdrop of political chaos and rapid AI development. He forecasts only a marginal uptick in global art sales, which he estimates will exceed $57.5 billion, and warns that luxury goods—bags, watches, fossils—are increasingly encroaching on art fairs, auctions, and exhibitions. Schachter criticizes Sotheby's for blurring the lines between auction house, museum, and gallery, citing its traveling "Icon" show as a spectacle of price tags rather than art scholarship.

palazzo dario monet sale 2734628

Palazzo Dario, a historic Gothic palace on Venice's Grand Canal built in 1486 by diplomat Giovanni Dario, is now listed for sale through Christie's International Real Estate following a structural restoration. The 10,000-square-foot property features four levels, marble staircases, Murano chandeliers, and a Moorish fountain, with its asking price available upon request. The palace has changed hands through noble families, countesses, and financiers over centuries, and was famously painted by Claude Monet in 1908 and sketched by John Ruskin.

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A new Banksy mural appeared on a wall in west London on Monday, December 22, 2025, depicting two children in winter clothing lying on their backs and gazing at the sky. The stenciled artwork, located on Queen’s Mews in Bayswater near Notting Hill, was officially claimed by Banksy via Instagram. An identical version was also spotted outside the Centre Point tower in central London, though not yet claimed. The piece has sparked widespread speculation about its meaning, with interpretations ranging from a commentary on childhood imagination and wonder to a satirical critique of consumerism and the replacement of sacred values by utility.

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This week's art industry roundup covers major developments across auctions, galleries, and art fairs. Highlights include $1.6 billion in art heading to auction at Christie's, Sotheby's, and Phillips in New York; the sale of the 'Mellon Blue' diamond for $25 million at Christie's Geneva; and the Vanderbilt jewels achieving $4.2 million at Phillips Geneva. In galleries, Sperone Westwater faces possible closure or transformation after 50 years, while Upsilon Gallery opens a new space in Milan. The IFPDA Print Fair expands to include drawings and rebrands, and Abu Dhabi Art will relaunch as Frieze Abu Dhabi next year. The Gallery Climate Coalition reports significant emissions reductions among its members.

The Top Exhibitions To See In London: May 2026

London’s art scene prepares for a major influx of high-profile exhibitions in May 2026, headlined by a comprehensive survey of Francisco de Zurbarán at the National Gallery and the grand opening of the Quentin Blake Centre for Illustration in Clerkenwell. Other significant highlights include a sprawling outdoor installation of Henry Moore’s monumental bronzes at Kew Gardens, the debut of the 'Rising Voices' contemporary art exhibition at the newly opened V&A East, and a rare European retrospective of James McNeill Whistler at Tate Britain featuring the iconic 'Whistler's Mother'.

Between setbacks and uncertain collectors, how did the miart 2026 fair go for the galleries?

Tra intoppi di percorso e collezionisti incerti, come è andata la fiera miart 2026 per le gallerie?

The 2026 edition of the miart fair in Milan faced significant logistical challenges following its move to the South Wing of the Allianz MiCo. While the 'Emergent' section thrived with ample space and natural light, the 'Established' and 'Anthology' sections suffered from a confusing multi-level layout, poor signage, and oppressive lighting. Many galleries, including Alfonso Artiaco, reported that the lack of clear directions turned high-quality exhibition spaces into "cathedrals in the desert," making it difficult for collectors to locate booths.

Hong Kong Art Week 2026: Art Basel Preview

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Hong Kong’s art market is signaling a cautious recovery in 2026 as the city prepares for its marquee Art Week. Despite macroeconomic improvements in real estate and equities, the sector is grappling with significant logistical hurdles caused by the US–Israel–Iran War. Shipping costs between Europe and China have surged by 30%, leading to the cancellation of the International Antiques Fair and the withdrawal of high-profile delegations like the Sharjah Art Foundation.

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A luxury condominium development in Miami's Wynwood neighborhood, branded with Frida Kahlo's name and image, has begun selling units despite construction not yet starting. The project, called the Frida Kahlo Wynwood Residences, features a 14-story tower designed by architect Carlos Ott with a massive portrait of the artist on its facade and plans for 244 furnished units priced from $500,000 to $1.6 million.

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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.

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English artist Rachel Whiteread, the first woman to win the Turner Prize in 1993, has collaborated with French silversmith company Puiforcat on a new seven-piece silverware collection. Inspired by corrugated cardboard, the collection includes serving trays, a pitcher, tumblers, and napkin rings, with surfaces that mimic the grooves and overlapping corners of cardboard, as well as watermark-like concentric circles. The trays echo Whiteread's recent artworks, such as *Untitled (Silver Pallet)* (2023), a flattened cardboard cast in lacquered silver.

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Galerie Gmurzynska is relocating its New York operations to the historic Fuller Building at 595 Madison Avenue later this month. The gallery, which had been at 43 East 78th Street since 2018, will inaugurate its new space on September 16 with an exhibition of works by Joan Miró and Roberto Matta. The Fuller Building, an Art Deco landmark built between 1928 and 1929, was once a major hub for New York galleries, housing such notable dealers as Pierre Matisse, Charles Egan, André Emmerich, and Marlborough-Gerson.

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Global auction sales at Christie’s, Sotheby’s, and Phillips fell 6.2% in the first half of 2025 compared to the same period last year, while the number of lots sold rose 1.3%. ArtTactic’s analysis reveals significant category shifts: post-war and contemporary art dropped 19.3% to $1.22 billion, impressionist and modern art fell 7.7% to $989.5 million, and luxury sales were nearly flat. In contrast, Old Masters surged 35.6% to $171.2 million, and design, decorative arts, and furniture rose 20.4% to $172 million. The decline in high-value trophy lots, including the withdrawal of Andy Warhol’s *Big Electric Chair* and Alberto Giacometti’s *Grande tête mince*, contributed to the slump in contemporary sales.

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The Basel Social Club (BSC), a rogue nonprofit exhibition platform, has taken over a defunct private bank in Grossbasel for its fourth edition, offering a free-entry counter-program to the main Art Basel fair. Over 100 rooms are transformed into living artworks, featuring installations like a functional Black hair salon ("It’s a Whole Lotta Money"), a video essay critiquing online review systems ("1 ★ Review Tour"), and a jewelry boutique in the former vault ("Bijoux Solaires"). The event is described as chaotic, punk, and intimate, with performances such as Faisal Abdu’Allah giving real haircuts in a vintage barber chair.

Veteran Advisor Patti Wong on How the Auction Market Is Recalibrating

Veteran art advisor Patti Wong, who left Sotheby's after three decades to start her own firm, analyzes a significant recalibration in the auction market. She notes a new discipline among auction houses and buyers following the frothy post-pandemic years, with houses becoming more selective, relying heavily on third-party guarantees, and facing greater buyer scrutiny on provenance and estimates. She also highlights the industry's expansion into new geographies like Saudi Arabia and new categories like luxury goods.

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Alex Prager has created "Mirage Factory," an immersive installation inside a former Miami Beach cinema that pays tribute to her hometown of Los Angeles while critiquing its illusions. The installation features meticulously crafted sets, a new photograph, and a dining experience by chef Dave Beran, alongside a live performance by Diana Ross. It opened with private events for Capital One cardholders and the Cultivist art club, and is now public through December 4, with proceeds benefiting Heal the Bay.

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Design Miami 2025 preview drew a bustling crowd with over 70 exhibitors under the theme "Make Believe." Highlights included Katie Stout's whimsical carousel featuring marine animals, Roham Shamekh's biomorphic "Roots" sofa with integrated headphones, and ATRA's futuristic "Intelligence of Evolution" seating system upholstered in Hermès fabric. The Spanish silver brand Garrido showcased collaborations with Peter Marino, while the fair's 20th anniversary edition embraced a carnivalesque atmosphere with popcorn and mirrored walls.

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Sam Falls has created two paintings, "Rewilding" (2024) and "King's Crossing" (2024), for Ruinart's "Conversations with Nature" program, following a residency at the Champagne house's Taissy vineyard near Reims. The works, which incorporate natural materials and ecological processes, will debut at Art Basel Miami Beach in December 2024 before traveling to Ruinart's headquarters. Falls's practice involves arranging plants on canvas and using pigment that reacts to humidity and sunlight, reflecting a collaboration with the environment.

Los Angeles Art Scene Overview

Los Angeles

The Los Angeles art scene is experiencing a significant transformation as major blue-chip galleries like Gagosian and PaceWildenstein expand their presence in the city. This shift is driven by the influx of entertainment industry wealth and a growing interest from Hollywood figures, despite a historically smaller collector base compared to New York. Key institutional developments include Eli Broad's financial interventions to stabilize MOCA and fund new building schemes at LACMA.

Brilliant Things to Do This April

April 2026 marks a significant month for global art exhibitions, featuring major retrospectives and site-specific installations across Rome, Seoul, London, and Paris. Highlights include Gagosian Rome’s exploration of Francesca Woodman’s surrealist photography, a homecoming retrospective for video-art pioneer Nam June Paik in Seoul, and Senga Nengudi’s performance-based sculptures at London’s Whitechapel Gallery. Additionally, Isaac Julien will debut a new moving-image work at The Cosmic House, while the Fondation Louis Vuitton prepares a large-scale exhibition dedicated to Alexander Calder’s kinetic sculptures.

8 Standout Shows to See During Frieze Week in Los Angeles

Los Angeles is hosting a surge of high-profile exhibitions to coincide with the arrival of Frieze Los Angeles and its various satellite fairs. The city's gallery and museum circuit is currently anchored by major debuts and surveys, including Leiko Ikemura’s mystical explorations at Lisson Gallery, Sarah Sze’s immersive video and painting installations at Gagosian, and Alejandro García Contreras’s folklore-inspired ceramics at Anat Ebgi.

Holiday Shopping at Sotheby's: All I Want for Christmas Is a Shot Marilyn

Sotheby's has opened its new global headquarters in the Breuer Building on Madison Avenue, New York, with an exhibition titled "Icons: Back to Madison" featuring 27 contemporary art masterpieces valued at over $2 billion. Highlights include Jean-Michel Basquiat's "Untitled" (1982), which sold for $110.5 million in 2017, and Andy Warhol's "Shot Orange Marilyn" (1964), reportedly sold privately for $200 million. The show offers a rare public viewing of works typically held in private collections, including pieces owned by billionaire collector Kenneth C. Griffin.

In the bag: Sotheby’s inaugural Abu Dhabi Collectors’ Week finds success with Birkins and bling

Sotheby’s inaugural Collectors’ Week in Abu Dhabi (2-5 December) achieved a total of $133.4m across five live auctions held on a beachfront stage. The sale featured luxury items including a Hermès Birkin Voyageur owned by Jane Birkin ($2.9m), a 31.68-carat pink diamond called The Desert Rose ($8.8m), and a Patek Philippe watch set that became the second most valuable watch sold in Sotheby’s history ($11.9m). No art was offered, but the auction house sold 50 items privately, including the world’s largest fancy deep green diamond. The sell-through rate was strong, with only one piece of real estate and a couple of cars unsold, outperforming Sotheby’s earlier Saudi Arabia sale.