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the view from paula tsai

Paula Tsai, a key figure in Asia's art market, discusses the evolving landscape of collecting in the region, focusing on mainland China and Korea. She notes a surge of new buyers from China, many of whom are young entrepreneurs, while the Korean market remains more mature and stable. Tsai addresses the impact of tariffs on importing art, particularly for Chinese collectors, but asserts that passionate collectors will continue to buy, adjusting timing rather than abandoning purchases. She also highlights the growing Thai market and the complexity of the Chinese market, where established collectors are cautious but new entrants keep activity high.

qatar lures art basel

MCH Group, parent company of Art Basel, announced a new Doha edition of the Swiss art fair, set to launch in February 2026. Art Basel Qatar will start with 50 galleries and expand to around 200, partnering with Qatar Sports Investments and QC+, a commercial arm of Qatar Museums. The fair aims to bolster markets across the Middle East, North Africa, and South Asia.

phillips leadership changes 2025

Phillips announced a major leadership shakeup on Monday, with global chairwoman Cheyenne Westphal resigning after eight years. Robert Manley was named chairman of modern and contemporary art, and Miety Heiden was appointed chairman of private sales. Additionally, Jean-Paul Engelen, president for the Americas and worldwide co-head of modern and contemporary art, is leaving after over a decade to join Acquavella Galleries as a director. The changes follow a challenging marquee auction season, where the May evening sale matched its pre-sale estimate of $52 million but fell 40% below the previous year's $86 million haul.

julian ehrlich joins gladstone

Julian Ehrlich, a 29-year-old auction specialist known for curating Christie's "Post-War to Present" sales, has joined Gladstone Gallery as a director. At Christie's, he generated over $28 million in a single sale, set records for artists like Ana Mendieta and Ed Clark, and championed overlooked figures such as Joe Overstreet and Rick Lowe. He previously worked in Sotheby's postwar and contemporary art department.

sothebys contemporary art auction report

Sotheby's held a three-part marathon of contemporary art auctions in New York on Thursday evening, totaling $186.1 million with fees across 68 lots. The evening included white-glove sales for the collections of legendary dealer Barbara Gladstone and veteran dealer Daniella Luxembourg, with the Gladstone offering exceeding its presale estimate. Top lots included Richard Prince's "Man Crazy Nurse" (2002–03), which sold for $3.96 million, and Lucio Fontana's "Concetto spaziale, La fine di Dio" (1963), which achieved $14.5 million. The main contemporary evening sale took in $127 million, while the overall result fell short of last May's equivalent sale of $234.6 million.

70 million giacometti flops at sothebys as demand for trophy art softens

The top lot of Sotheby's May auction season in New York, Alberto Giacometti's bronze sculpture *Grande tête mince (Grande tête de Diego)* (1955), estimated at $70 million, failed to sell on Tuesday night. The work was consigned by the Soloviev Foundation, set up by Stefan Soloviev, son of late mega-collector Sheldon Solow, and was offered without a financial guarantee, a risky strategy that backfired when no bidders emerged. Auctioneer Oliver Barker made several chandelier bids before declaring the lot unsold at $64.2 million, shocking the packed salesroom.

by the numbers christies 21st century sale edges out estimate aided by bounty of guarantees

Christie’s 21st-century art sale on Wednesday achieved $96.5 million in total sales, a 20 percent increase over the same sale last year. The auction featured 43 lots, with four withdrawn before the sale, and a sell-through rate of 83.7 percent (92.3 percent after withdrawals). The top lot was Jean-Michel Basquiat’s *Baby Boom* (1982), which sold for $23.4 million. The sale was heavily supported by guarantees—24 lots were guaranteed, including 18 with third-party guarantees—accounting for 75 percent of the total presale low estimate. Auctioneer Yü-ge Wang faced cautious bidding, prompting playful remarks as collectors tested lower increments.

esther ii conductor alternative art fair reports

During New York Art Week, two smaller art fairs—Esther II and Conductor—offer alternatives to the major events like Frieze and TEFAF. Esther II, now in its second edition, takes place at the Estonian House in Murray Hill, featuring 25 galleries from 17 cities with site-specific installations and performances. Conductor debuts at Powerhouse Arts in Gowanus, focusing on artists from the Global South and its diasporas, with a unique model that allows artists to fabricate work on-site using the venue's production facilities.

sothebys to sell highlights of gallerist barbara gladstones collection

Sotheby's has been selected by the trustees of Barbara Gladstone's estate to auction twelve major works from the legendary gallerist's personal collection. The single-owner sale, estimated at over $12 million, will take place on May 15 as part of the New York marquee sales. Highlights include Richard Prince's "Man Crazy Nurse" (2003, est. $4–6 million), Andy Warhol's black "Flowers" (1964, est. $1–1.5 million), and works by Mike Kelley, Rudolf Stingel, Carroll Dunham, Elizabeth Peyton, and Alighiero e Boetti. None of the artists are currently affiliated with Gladstone Gallery, though some were previously represented by her.

art dubai digital

Art Dubai became the first major art fair to launch a dedicated digital art section in 2022, inspiring similar initiatives at Paris Photo and Art SG. Now in its fourth year, Art Dubai Digital is thriving in the Gulf region, where cities like Dubai and Abu Dhabi have heavily invested in emerging technologies, including the Dubai A.I. campus, the Museum of the Future, and teamLab Phenomena. The fair has attracted tech entrepreneurs and crypto investors, and Sotheby's recent decision to accept cryptocurrency in Saudi Arabia reflects growing infrastructure for digital art transactions. However, the question remains whether digital art can appeal to traditional collectors or will remain a separate market.

basquiat christies baby boom

A 1982 Jean-Michel Basquiat painting, "Baby Boom," is returning to auction at Christie's 21st-century evening sale on May 14 in New York, with an estimate of $20 million to $30 million. The work, a triple portrait believed to depict the artist and his parents, has been in private hands for nearly 25 years and is being sold by major Basquiat collector Peter M. Brant. It was previously offered for $35 million in 2017 but did not sell.

basquiat baby boom christies auction

Christie’s will auction Jean-Michel Basquiat’s 1982 painting *Baby Boom* with an estimate of $20–$30 million during its May 14 sale of 21st-century art in New York. The work, which depicts three figures thought to be the artist and his parents, was first shown in a landmark 1982 exhibition at Fun Gallery and later appeared at Lévy Gorvy gallery in 2017 with a $30 million price tag. Its seller at that time was collector Peter Brant.

Thousands of Strips of Silk Undulate in Kenny Nguyen’s ‘Deconstructed Paintings’

Kenny Nguyen, a Vietnamese-born artist based in Charlotte, North Carolina, creates large-scale wall works using thousands of hand-cut strips of silk. Drawing on his background in fashion design, he employs techniques like pinning, weaving, sewing, and layering to produce what he calls “deconstructed paintings.” Each piece is built around an imaginary body, with creases and undulating forms that evoke movement. Though the works appear fixed, they are malleable—their shape changes depending on pin placement during installation. Nguyen’s work is currently on view in the group exhibition *Textile Art Redefined* at Saatchi Gallery in London.

Whitney Biennial 2026

The 2026 Whitney Biennial, curated by Marcela Guerrero and Drew Sawyer, has received generally lukewarm responses from critics, a notable shift from the more intense takedowns and boycotts that characterized recent editions of the exhibition. Left-oriented critics have criticized the curatorial framework as indeterminate and evasive, particularly in light of the Whitney Museum's controversial board decisions, including the recent closure of the museum's Independent Study Program.

In the Studio with Casey Engel

Casey Engel, an artist based in Asheville, North Carolina, is profiled in her studio, where she creates ceramic, fiber, and paper works that blend craft traditions with avant-garde sensibilities. The article, structured as an interview with writer Merin McDivitt, explores Engel's tactile process—from pinching clay to hand-stitching quilts—and her emphasis on touch, intuition, and the tension between functionality and art. Engel previously curated over sixty shows at Blue Spiral 1 before dedicating herself full-time to her own practice.

City Life Org - New York Art World Celebrates Angela Davis, Amy Sherald, Clara Wu Tsai, Crystal McCrary, Raymond McGuire at Awards Dinner in NYC

The Gordon Parks Foundation held its annual Awards Dinner and Auction at Cipriani 42nd Street in New York City, raising nearly $2 million to support its mission of social justice through the arts. The gala honored a distinguished group of changemakers, including activist Angela Davis, painter Amy Sherald, philanthropist Clara Wu Tsai, producer Crystal McCrary, and businessman Raymond McGuire. Hosted by Kaseem Dean (Swizz Beatz) and Executive Director Peter W. Kunhardt, Jr., the event celebrated the enduring legacy of Gordon Parks and his commitment to documenting and advancing civil rights.

Hoffnung auf Rekorde bei Auktionen in New York

New York's major auction houses, Sotheby's and Christie's, are gearing up for their spring sales with high-value consignments from prominent collections. Sotheby's will auction Mark Rothko's "Towering Brown and Blacks in Reds" (1957), estimated at up to $100 million, from the estate of investment banker Robert Mnuchin. Christie's is offering works from the collection of the late gallerist Marian Goodman, including Gerhard Richter's "Kerze" (1982) valued at up to $50 million and "Mohn" (1995) around $15 million, alongside pieces from the estates of publisher S. I. Newhouse and collector Agnes Gund, with a Constantin Brâncuși sculpture and a Jackson Pollock painting each estimated at $100 million, and another Rothko at $80 million.

Julie Mehretu and John Jasperse Find Common Ground

Julie Mehretu, the celebrated abstract painter, and John Jasperse, a noted choreographer, are collaborating on a joint project at Marian Goodman Gallery in New York. The article explores how the two artists are working together to merge visual art and dance, asking how they can bring something productive to each other’s creative practices.

Adelaide Biennial of Australian Art 2026 Review: Up Close and Personal

The 2026 Adelaide Biennial of Australian Art, titled 'Yield Strength,' features 24 artists across three venues, curated by Ellie Buttrose. The exhibition explores resilience under political and social pressures, with works like Erika Scott's fused assemblages from discarded domestic items, Jennifer Matthew's steel construction that manipulates visitor movement, and Nathan Beard's silicone arms critiquing exoticization of Thai culture. The title borrows an engineering term for the point at which materials transform under stress, reflecting the show's focus on art that strains formal boundaries without breaking.

Gardar Eide Einarsson Leaves You in the Dark

Gardar Eide Einarsson’s latest exhibition at Maureen Paley’s East London space presents a haunting exploration of dissociation and coded information. The show features two distinct series: 'Closed Caption,' a collection of monochrome black gouache paintings featuring isolated subtitles from films, and 'Incendiary Test Area,' a set of hyperrealistic woodblock prints created in collaboration with master Shoichi Kitamura. These prints depict the interiors of mock 'Japanese' houses built by the US Army for fire-bombing tests during World War II.

Locating Luigi Ghirri

Fashion photographer Alessio Bolzoni and film director Luca Guadagnino have collaborated on 'Felicità', a new book and exhibition at Thomas Dane Gallery featuring 45 previously unseen color photographs by the late Italian master Luigi Ghirri. The project is divided into two portfolios: the first focuses on intimate, abstract details of found objects and surfaces in Modena, while the second expands into larger vistas and populated spaces across Italy during the 1980s.

Craig Jun Li: Scrapping the Camera

Artist Craig Jun Li's solo exhibition features collagist wall-works and installations that deconstruct photographic technology. Works like the 2025 silicone sheets incorporate altered dye-transfer prints, Polaroids, and actual camera parts like SX-70 film cartridge springs, redirecting focus from pictorial representation to the mechanical apparatus of image-making.

Marcel Duchamp & Sturtevant | Dialogues are mostly fried snowballs

Thaddaeus Ropac Milan is hosting a landmark exhibition titled "Dialogues are mostly fried snowballs," marking the first-ever joint presentation of Marcel Duchamp and Sturtevant. The show stages a cerebral confrontation between Duchamp’s original readymades, such as "Porte-bouteilles" and "Trébuchet," and Sturtevant’s radical repetitions of his work. By showcasing these pieces alongside archival materials and films, the exhibition traces how Sturtevant used Duchamp’s style as a medium to investigate the canonization and "understructure" of conceptual art.

10 most expensive lots sold auction march 2025

In March 2025, major auction houses, particularly in London, achieved strong sales despite the month typically being quiet. Christie’s and Sotheby’s sold ten high-value lots, led by Jean-Michel Basquiat’s *Sabado Noche* (1984) at £8.4 million ($14.5 million). A standout result was M.F. Husain’s *Untitled (Gram Yatra)* (1954), which sold for $13.75 million at Christie’s New York, marking the first time an Indian Modern artwork exceeded $10 million at auction. Other notable sales included works by René Magritte, Yoshitomo Nara, Francis Bacon, Tamara de Lempicka, Amedeo Modigliani, Paul Delvaux, Michael Andrews, and Lisa Brice.

Global Art Biennials: Renovation, Revelation—or Repetition?

The article examines the current state of global art biennials, arguing that recent controversies—such as the 2022 documenta antisemitism crisis and geopolitical tensions at the 61st Venice Biennale—reveal these exhibitions as deeply politicized platforms rather than neutral cultural events. It highlights how juries and curators have introduced geopolitical criteria, and cites ongoing debates in Artforum (April 2026) featuring voices like Daniel Birnbaum, Michelle Grabner, and Adam Szymczyk, who diagnose visible tensions but overlook deeper structural conditions.

At TEFAF New York, the Masterpiece Market Had Plenty to Celebrate

TEFAF New York returned to the Park Avenue Armory with record attendance on its Collector Preview day, May 14, featuring 90 exhibitors showcasing modern and contemporary masterpieces, antiques, decorative arts, and jewelry. Dealers reported strong sales across price tiers, including an Andy Warhol Mao sold by ML Fine Art within the first hour, a Lucio Fontana *Concetto Spaziale* for $2.3 million at Mennour, and works by Giorgio Morandi, Giosetta Fioroni, and Meret Oppenheim sold by Galleria d’Arte Maggiore g.a.m. A new secondary-market partnership, Pace Di Donna Schrader Galleries, debuted with a booth anchored by a 1956 Rothko, signaling renewed confidence in the market.

Basquiat’s 'Museum Security' leads Sotheby’s New York contemporary evening sale at US$52.7m

Jean-Michel Basquiat's 1983 painting 'Museum Security (Broadway Meltdown)' sold for US$52.7 million at Sotheby's Now and Contemporary Evening Auction in New York, becoming the fifth-most expensive Basquiat ever auctioned. The work, estimated at over US$45 million and backed by an irrevocable bid, hammered at US$45.3 million to a telephone bidder represented by Sotheby's Lucius Elliott. The auction totaled US$266.8 million with fees, selling 40 of 44 lots, and combined with the preceding Robert Mnuchin collection sale—led by Mark Rothko's 'Brown and Blacks in Reds' at US$85.8 million—the evening brought in US$433.1 million.

Ed Ruscha | Angel (2014) | For Sale

Ed Ruscha's 2014 lithograph "Angel" is being offered for sale through Leslie Sacks Gallery in Santa Monica. The work is a unique color trial proof from an edition of 60, measuring 23 by 16 inches, hand-signed and numbered by the artist, and includes a certificate of authenticity. The listing appears on Artsy, where the price is available on request, and notes increased collector interest over the past 14 days.

Christo, Jeanne-Claude | The Pont-Neuf Wrapped (1976-2020) | Art & Prints

An auction listing for Christo and Jeanne-Claude's limited edition print 'The Pont-Neuf Wrapped' (1976-2020) has closed. The work is an archival digital print on wove paper, part of an edition of 450, accompanied by the exhibition book 'Christo et Jeanne-Claude Paris!'. The listing includes details on the artists' legacy, their monumental public projects like 'The Gates' and 'Wrapped Reichstag', and notes that similar works by Christo are available for purchase from various galleries.

Theatre, production, performance: fashion invests in art

Fashion houses like Chanel are increasingly investing in contemporary art, not merely as inspiration for prints or patterns but as a strategic tool for brand positioning and cultural credibility. Gallery owner Tristan Paprocki, who recently opened a Milan space with partner Guido Romero Pierini, notes that brands now seek out emerging artists to demonstrate foresight and support new talent. Chanel has collaborated with Berlin's Hamburger Bahnhof museum for large-scale installations by artists such as Klára Hosnedlová and Lina Lapelytė, and has announced ten artists for the third edition of its Next Prize 2026, including Bárbara Sánchez-Kane, Pan Daijing, and Álvaro Urbano. These artists work across fashion, sculpture, and performance, blurring the lines between clothing and contemporary art.