An Era Ends When the Illusions Underlying It Are Exhausted

"Eine Ära endet, wenn die ihr zugrunde liegenden Illusionen erschöpft sind"

A media roundup covers several art world stories. The Art Newspaper reports that the ongoing Middle East conflict is unsettling the Gulf art market, causing fair postponements and shaking Dubai's image as a stable luxury hub, though galleries emphasize they continue to work. Meanwhile, the search for a new director for Germany's Kulturstiftung Dessau-Wörlitz continues after a protracted legal battle, with applications open until May 31. The New Yorker presents a reading of Johannes Vermeer's quiet scenes as fragile refuges from a violent historical context, while the Berliner Zeitung critiques the global commercialization of Frida Kahlo into a licensed brand.

The Essential Works of Rirkrit Tiravanija

ArtAsiaPacific profiles Rirkrit Tiravanija, a pioneering figure in relational aesthetics known for participatory works centered on communal dining and shared rituals. The article traces his career from his first solo exhibition "untitled 1990 (pad thai)" at Paula Allen Gallery in New York, where he cooked and served pad thai to visitors, to his current major retrospective "The House That Jack Built" at Pirelli HangarBicocca in Milan, running through July 26. Tiravanija, born in Buenos Aires in 1961 and raised across multiple countries, has received numerous accolades including the Hugo Boss Prize (2004) and a nomination in the Established Artist category at the 2026 Art Basel Awards. He is also preparing to present a tent-like structure at the Qatari pavilion for the 2026 Venice Biennale, featuring contributions by Sophia Al-Maria, Tarek Atoui, Alia Farid, and Fadi Kattan.

rebecca manson jessica silverman

Rebecca Manson has opened a new solo exhibition, "Rebecca Manson: Time, You Must Be Laughing," at Jessica Silverman gallery in San Francisco. The show features some of her most ambitious works to date, including the large-scale, four-piece ceramic and glass sculpture *Exploding Butterfly (2025)*, and continues her investigations into nature, materiality, and themes of time and change.

battle over 1800 paintings attributed to russian modernist masters intensifies after litigation funder raises authenticity concerns

A legal battle over a collection of 1,800 paintings attributed to Russian modernist masters has escalated after the litigation funder backing the claimants, LitFin, raised concerns it may have been misled about the works' authenticity. The funder is now in a dispute with the claimants, the family of the late Palestinian collector Uthman Khatib, over halted payments and control of the lawsuits, which seek the return of the paintings or $323 million from Israeli-Russian businessman Mozes Frisch, who is accused of stealing them.

li hei di market analysis

Li Hei Di, a young Chinese-born painter based in London, has emerged as one of the most closely watched artists in the ultra-contemporary market despite its recent downturn. Since joining Pace Gallery in September 2024 as its youngest artist, Li's works have appeared at auction 12 times, with eight sales in Hong Kong. Nearly every lot has exceeded expectations, often doubling or tripling high estimates. A standout was the painting *There Was One Summer Returning Over and Over; There Was One Dawn I Grew Old Watching* (2023), which sold at Sotheby's Hong Kong for HK$2.67 million—more than double its high estimate—setting a new auction record. Auction specialists and dealers emphasize that Li's market reflects a slow, sustained buildup rather than a speculative spike, with bidding and buying activity spanning Asia, Europe, and the United States.

ppow owen fu nicola vassell na kim industry moves

P.P.O.W. gallery has taken on representation of artist Owen Fu, while Nicola Vassell Gallery now represents Na Kim, known for her book covers and paintings. Jessie Washburne-Harris has been named Global Director at White Cube, overseeing the gallery's U.S. growth. Chris Sharp Gallery added Mark A. Rodriguez to its roster, and Berry Campbell took on the estate of Louisa Chase. Mexico City dealers Misa Yamaoka and Yuna Cabon launched an artist residency program at Third Born gallery. The article also reports that combined evening sales at Christie's, Phillips, and Sotheby's in Hong Kong totaled $136 million, a significant drop from $208.6 million last fall, and highlights the rising market interest in 17th-century artist Michaelina Wautier.

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.

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.

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.

Watching You, Watching Me: On Panteha Abareshi and the Spectacle of Illness

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

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.

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!

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.

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.

Manoucher Yektai at Karma

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.

The Dealers: Marta Makes Magic

The article profiles Marta, a prominent art dealer in Los Angeles, highlighting her recent activities and influence within the contemporary art scene. It details her gallery's program, her relationships with artists, and her specific curatorial approach that has garnered significant attention.

Interview with Kelly Wall

The article is an interview with artist Kelly Wall, conducted by Olivia Gauthier, published in the February 2026 issue of Contemporary Art Review LA. It appears within a broader issue exploring themes like scent in art, tarot, and social urgencies in contemporary practice.

Art as Memorial in Lotusland

The article "Art as Memorial in Lotusland" by Aleina Grace Edwards appears in the February 2026 issue of Contemporary Art Review LA (CARLA). It is part of a larger issue exploring themes like scent in art, tarot, social urgencies in curation, and video art, positioning it within a critical discussion of contemporary art practices in Los Angeles.

christies triple header 20th and 21st century evening sales nets 265 m as london proves its still a draw to collectors

Christie’s London achieved a robust £197.5 million ($265 million) across a triple-header of evening sales, including the 20th/21st Century, Art of the Surreal, and the Vanthournout Collection auctions. The evening was headlined by a record-breaking £26.3 million sale of Henry Moore’s bronze sculpture 'King and Queen', alongside new auction highs for Surrealist artists Toyen and Dorothea Tanning. Despite some pre-sale withdrawals and a marathon four-hour runtime, the house achieved a 96 percent sell-through rate by lot.

Devin Troy Strother at ArtCenter

The article is a table of contents for Issue 42 of Contemporary Art Review LA, which includes a review of an exhibition by artist Devin Troy Strother at ArtCenter. The review, written by Janelle Zara, is listed among other reviews, interviews, and features in the publication's November 2025 issue.

TJ Shin at Los Angeles State Historic Park, Presented by Clockshop

Dan John Anderson at Night Gallery

Jorinde Voigt at Marc Selwyn Fine Arts

Erin Calla Watson at Ehrlich Steinberg

christies edlis neeson sale 124 million

Christie's 21st-century evening sale in New York on Wednesday night achieved $123.6 million, just below its $126 million high estimate and 16% above last year's sale. The sale featured 19 lots from the collection of the late Stefan Edlis and his widow Gael Neeson, which brought in $49.2 million against a $30 million estimate. The top lot was Christopher Wool's "Untitled (RIOT)" (1990), selling for $19.8 million. New auction records were set for Firelei Báez ($1.1 million) and Olga de Amaral ($3.1 million). Only one of 45 lots failed to sell—a Cecily Brown painting estimated at $4–6 million. The sale was characterized by careful use of third-party guarantees and lowered reserves, with art advisor Aileen Agopian noting bidding was "deep and robust" despite a flat atmosphere.

november marquee auction sales midpoint analysis

Christie's and Sotheby's November marquee auctions in New York generated a combined $1.4 billion, with Sotheby's achieving a record $706 million from a double-header sale. The highlight was Gustav Klimt's "Portrait of Elisabeth Lederer" (1914–16), sold for $236.4 million from the collection of late cosmetics heir Leonard Lauder, becoming the most expensive modern artwork ever sold at auction. Christie's Monday sale brought in $690 million, falling short of its $731.5 million high estimate but still marking a 42% increase over its equivalent sale last November.