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Christie’s and Sotheby’s are competing to secure the estate of Emily Fisher Landau, the noted art collector who died in March at age 102. Her collection, valued between $375 million and $500 million, could become a major highlight of the November evening sales, helping offset a sluggish first half for auction results. The Big Three auction houses have seen a 51 percent drop in total sales year-over-year, with Christie’s and Phillips both reporting significant declines.

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Sotheby's will auction the collection of Emily Fisher Landau, a prominent Whitney Museum board member and avid art collector who died in March at age 102. The sale, comprising about 120 works from her estate, is led by Pablo Picasso's "Femme à la montre" (1932), estimated at over $120 million, alongside major pieces by Ed Ruscha, Jasper Johns, Cy Twombly, Mark Rothko, Andy Warhol, and Glenn Ligon. Fisher Landau amassed roughly 1,200 works over decades, displayed at her private Fisher Landau Center for Art from 1991 to 2017, and donated 417 works to the Whitney in 2010 alone.

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Christie’s postwar and contemporary art day sale in London on Thursday totaled £12.2 million ($16.4 million), with over 80% of lots sold and 90% of those achieving prices within or above their presale estimates. Standout results included a 2020 painting by Somaya Critchlow selling for £57,150 (est. £15,000–£20,000), a small Etel Adnan painting going for £107,950 (est. £30,000–£50,000), and a Michelangelo Pistoletto mirror piece fetching £234,950—seven times its estimate. However, a Toyin Ojih Odutola painting and a Gerhard Richter gray painting failed to sell, reflecting a selective market.

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

The contemporary art market has declined for the fourth consecutive year, with auction sales for postwar and contemporary works falling to $4.5 billion in 2025 from a peak of $8.5 billion in 2021. Simultaneously, the market has seen a significant rebound in more established categories, with auction sales of Impressionist and Post-Impressionist works rising 47% and Old Masters climbing 30% last year.

Dealers at TEFAF Maastricht Report Robust Sales, Offering Works Ranging from Two Inches to Room-Size

Dealers at TEFAF Maastricht Report Robust Sales, Offering Works Ranging from Two Inches to Room-Size

Dealers at the TEFAF Maastricht art fair reported strong sales, defying concerns over global unrest and geopolitical tensions that limited some collectors' travel. The fair, featuring 277 dealers from 24 countries, saw a high caliber of international collectors engaging with works ranging from monumental 18th-century sculptures to minuscule, intricately detailed pieces. First-time exhibitors and veterans alike expressed satisfaction, with one rare books dealer calling it his best year in three decades of participation.

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Art Basel has appointed artist Wael Shawky as the artistic director of its upcoming fair in Doha, Qatar, scheduled to open in February. This marks a departure from the company's usual practice of selecting directors from the commercial art world. Shawky, who represented Egypt at the Venice Biennale and has had solo exhibitions at Tate Modern and MoMA PS1, will curate around 50 single-artist presentations across two venues, M7 and the Doha Design District, with equal pricing for exhibitors initially. A selection committee including dealers from international and regional galleries will assist in choosing participants.

Lily Allen’s ‘West End Girl’ Portrait Makes Its Museum Debut

Lily Allen's portrait, created by Spanish artist Nieves González for the cover of her album 'West End Girl,' has gone on public display at London's National Portrait Gallery. The painting, which blends Old Master techniques with contemporary fashion, was loaned to the museum by Allen herself and will be exhibited for a year.

10 Art Shows to See in Los Angeles This April

April in Los Angeles features a diverse array of art exhibitions, from major institutional retrospectives to politically charged group shows. Highlights include a 60-year retrospective of the influential printmaking studio Gemini G.E.L. at its own space, a survey of the Grunwald Center at the Hammer Museum, and shows celebrating LA performance art icons Bob & Bob and Rachel Rosenthal. The month also sees a newly discovered collection of matchbook miniatures by Joe Brainard and Dave Muller's work on social connection at ArtCenter.

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.

Artist Foundations’ Net Worth Has Nearly Tripled to $9 B., Led by Cy Twombly Foundation’s $1.5 B. in Art and Assets

New research from the Aspen Institute’s Artist-Endowed Foundation Initiative (AEFI) reveals that artist-endowed foundations in the U.S. now control roughly $9 billion in assets, nearly triple the $3.5 billion reported in 2011 and up 17% from $7.7 billion in 2018. The Cy Twombly Foundation leads with $1.5 billion in art and assets, followed by foundations for Alexander Calder, Joan Mitchell, Helen Frankenthaler, and Robert Rauschenberg, each holding over $500 million. The data, drawn from public tax forms, shows that just five of roughly 500 foundations account for more than half the total, with most established by postwar American artists born before 1931.

The 20 Most Expensive Artworks Hitting the Auction Block This Season

The May 2026 New York auctions at Christie’s, Sotheby’s, and Phillips will feature 20 high-value lots priced at $30 million or more, including works by Andy Warhol, Jasper Johns, Pablo Picasso, Piet Mondrian, Jackson Pollock, Willem de Kooning, Cy Twombly, Gerhard Richter, and others. The sales are staggered around the Venice Biennale and Frieze New York, with Sotheby’s holding its contemporary evening auction on May 14 and Christie’s its 20th-century sale on May 18. Notable consignments come from the estates of S.I. Newhouse, former MoMA board president Agnes Gund, and dealer Marian Goodman.

“Primary Structures,” Turns 60

On April 28, 1966, The New York Times published a review by conservative critic Hilton Kramer of the Jewish Museum's exhibition “Primary Structures,” organized by curator Kynaston McShine. Kramer, disdainful of contemporary art, described the 42 American and British artists as rejecting personal expression and subjective inflection, yet he acknowledged the show as the first comprehensive glimpse of a style that would define the 1960s. The exhibition featured then-little-known artists including Carl Andre, Dan Flavin, Donald Judd, Sol LeWitt, Walter De Maria, Robert Morris, Anne Truitt, John McCracken, Larry Bell, Robert Smithson, Judy Chicago, Philip King, Michael Bolus, and David Annesley, and is now recognized as the ur-survey of Minimalism—a term McShine deliberately avoided.

A Work Gifted to David Drake’s Descendants Is the Star of Theaster Gates’s Powerful Gagosian Show

Artist Theaster Gates has gifted a 19th-century vessel by enslaved potter David Drake to Drake's descendants and made this act of restitution the centerpiece of his solo exhibition at Gagosian in New York. The show, titled "Dave: All My Relations," features Gates's own artworks responding to Drake's legacy and the recently transferred pot, highlighting Gates's decades-long engagement with Drake as a foundational figure for his own practice.

The Triumphant New LACMA Has the Potential to Rewrite Art History

The Los Angeles County Museum of Art (LACMA) is set to open its new $724 million David Geffen Galleries, designed by Swiss architect Peter Zumthor. The building features a radical, non-linear layout that eschews traditional chronological and geographical hierarchies, allowing artworks from 15 different curatorial departments to be displayed in conversation with one of another. Despite years of controversy regarding its concrete design and a 10 percent reduction in exhibition space, the museum is positioning the new structure as a flexible "laboratory" for global art history.

Hirshhorn Museum Director Melissa Chiu Leaves for Guggenheim, Another Smithsonian Departure

Melissa Chiu has been appointed as the new director of the Guggenheim Museum in New York, departing her long-standing role at the Smithsonian’s Hirshhorn Museum and Sculpture Garden. Starting September 1, Chiu will report to Mariët Westermann, CEO of the Solomon R. Guggenheim Foundation, effectively splitting the leadership responsibilities previously held by Richard Armstrong. During her decade-long tenure at the Hirshhorn, Chiu was known for staging massive blockbuster exhibitions, including the record-breaking Yayoi Kusama "Infinity Mirror Rooms" show, though she also faced criticism for commercial ventures like a reality TV competition.

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David Hockney has launched a critique against the prevalence of abstract art while debuting his latest exhibition, "A Year in Normandie and Some Other Thoughts About Painting," at the Serpentine Galleries. The 88-year-old artist, recovering from an infection at his Kensington studio, presented a nearly 300-foot-long frieze of iPad drawings depicting the seasonal shifts of his Normandy gardens. The show emphasizes Hockney's commitment to figurative representation and observation, utilizing new stippling techniques and reverse-perspective compositions.

Thomas J Price, Artist Behind Viral Times Square Sculpture, Unveils New Bronze in London

Thomas J Price, Artist Behind Viral Times Square Sculpture, Unveils New Bronze in London

Thomas J Price has unveiled a monumental new bronze sculpture, *A Place Beyond*, at the entrance to the V&A East museum in London. The 18-foot-tall figure, his tallest work to date, depicts a young Black woman in contemporary clothing holding a cell phone, created from a composite of many individuals rather than a single model. The sculpture will greet visitors when the new museum branch opens next month.

Mary, Queen of Scots Final Letter on View; French Artist Adds Armor to Dalida Sculpture: Morning Links for March 10, 2026

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Perth Museum has unveiled the final letter written by Mary, Queen of Scots, marking the document's first public display in Scotland in three decades. Penned hours before her execution in 1587, the letter to Henry III of France frames her death as a religious martyrdom and is subject to extreme conservation protocols that limit its exhibition frequency. Meanwhile, in Paris, artist Luz has installed a spiked, mirror-encrusted bodice on the famous Dalida bust in Montmartre to protest the tradition of tourists rubbing the sculpture's breasts for luck.

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Marc Restellini’s Institut Restellini is set to release a definitive six-volume catalogue raisonné for Amedeo Modigliani after four decades of research. The publication, which includes 100 newly authenticated works, utilizes a rigorous methodology combining advanced scientific analysis—such as spectrometry and carbon-14 dating—with traditional stylistic evaluation and archival documentation. To mark the launch, Pace Gallery will host events in London and New York in April.

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White Cube has announced the representation of Navajo artist Emmi Whitehorse, who will be represented alongside her New York gallery, Garth Greenan. The partnership follows Whitehorse’s successful solo exhibition at White Cube’s Paris space and her inclusion in the 2024 Venice Biennale. The gallery plans to debut new work, including the painting "Father Sky meets Mother Earth," at its Art Basel Hong Kong booth later this month.

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Conceptual artist Anicka Yi has joined Pace Gallery, where she will be represented in partnership with Gladstone Gallery, 47 Canal, and Esther Schipper. Known for her research-heavy practice that utilizes scents, bacteria, and robotics, Yi cited Pace CEO Marc Glimcher’s background in biology and the gallery's history with light and space pioneers as primary reasons for the move. Her work will be featured in the New Museum’s upcoming expansion inaugural exhibition, "New Humans: Memories of the Future."

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Conceptual artist Anicka Yi has joined Pace Gallery in a multi-gallery partnership, marking a significant move for her tech-heavy, microbiology-based practice. Meanwhile, the art world mourns the passing of Isaiah Zagar, the visionary mosaic artist behind Philadelphia’s Magic Gardens, who died at age 86. Additionally, a pivotal JMW Turner watercolor that launched his career in 1799 is set to go on public display for the first time in over two centuries at Gainsborough’s House.

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The VIP opening of Frieze Los Angeles at Santa Monica Airport saw a surge of high-value transactions and heavy foot traffic from both local and international collectors. Major galleries reported multi-million dollar sales within the first few hours, including a $2.8 million work by Njideka Akunyili Crosby at David Zwirner and a sold-out booth of Conny Maier paintings at Hauser & Wirth. Dealers described the atmosphere as a "frenzy," noting that sales figures in some cases already tripled their performance at previous major fairs like Art Basel Miami Beach.

Nan Goldin: Why The Ballad of Sexual Dependency is So Important

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Gagosian London is hosting an exhibition of all 126 photographs from Nan Goldin’s seminal work, "The Ballad of Sexual Dependency," to mark the 40th anniversary of the photobook's publication. The exhibition traces the evolution of the project from its origins as a DIY slideshow performance in New York nightclubs to its status as a cornerstone of contemporary photography, featuring intimate portraits of Goldin’s inner circle across New York, Berlin, and beyond.

LA Artist Judy Baca Accused of Misusing Funds for Historic Mural; French President Stung by Louvre Chaos

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Renowned Chicano artist Judy Baca and the Social and Public Art Resource Center (SPARC) are facing allegations of financial misconduct regarding the expansion of 'The Great Wall of Los Angeles.' Ten former employees claim that millions in grant funds were misused and that Baca inappropriately profited from the sale of archives and artwork related to the historic 2,700-foot mural. Both Baca and the SPARC board have issued strong denials against these claims.

Collaborations: Robert Rauschenberg, Laurie Anderson, Trisha Brown, and Merce Cunningham at BAM

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The Brooklyn Academy of Music (BAM) is hosting "Dancing with Bob," an international tour celebrating the centennial of Robert Rauschenberg’s birth. The program features restagings of seminal avant-garde dance collaborations, most notably the 1983 masterpiece "Set and Reset," which combined the choreography of Trisha Brown, the music of Laurie Anderson, and the visual design of Rauschenberg. The tour also includes a rare professional restaging of the 1977 piece "Travelogue," a collaboration between Rauschenberg and Merce Cunningham.

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ART SG concluded its 2026 edition at Singapore’s Marina Bay Sands with steady sales and a reported attendance of 43,000 visitors. While the fair lacked the million-dollar trophy sales seen in previous years, blue-chip galleries like Thaddaeus Ropac and White Cube reported significant transactions, including a £475,000 Raqib Shaw painting and a sell-out presentation of Lee Bae works by Johyun Gallery totaling $2.76 million. The event also featured a strategic partnership with S.E.A. Focus, integrating the boutique fair into the main hall to highlight regional talent.

Louvre Theft Caused by Mismanagement; Veterans Sue to Halt Building of Arc de Trump: Morning Links for February 20, 2026

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A French parliamentary commission has released a scathing report accusing the Louvre of systemic mismanagement and a 'denial of risks' following the October 2025 theft of the French crown jewels. The investigation suggests the museum operates as an unaccountable 'state within a state,' leading to security failures that enabled the high-profile heist. Meanwhile, veterans have filed a lawsuit to block the construction of the 'Arc de Trump' monument in Washington D.C., and the National Constitution Center faces leadership turmoil amid political pressure.

Judge Orders Return of Slavery Exhibit at President's House; Barbican Director Devyani Saltzman Departs | Morning Links for February 17, 2026

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A federal judge has ordered the Trump administration to temporarily rehang an exhibition about slavery at the President's House monument in Philadelphia, blocking its removal by the Interior Department and National Park Service. The judge compared the government's attempt to alter historical facts to the "Ministry of Truth" from George Orwell's '1984'.

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Auction house Bonhams has opened a new 42,000-square-foot flagship headquarters in New York's Steinway Hall, launching a month of exhibitions and sales. The Philadelphia Museum of Art appointed Katherine Anne Paul as its new curator of Indian and Himalayan Art, while the Pérez Art Museum Miami (PAMM) awarded its Fund for Black Art Acquisition Prize to Turner Prize-winning artist Lubaina Himid, acquiring her painting "Horn Seller." Several galleries announced new artist representations, including Bortolami with Nathlie Provosty and Deborah Schamoni with Mariann Metsis, and auction house Freeman's appointed two senior executives.