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sothebys leonard lauder contemporary by the numbers

Sotheby's held a marathon evening sale in New York on Tuesday night, achieving $706 million in total sales—the highest single-evening total in the auction house's history. The standout was the collection of Leonard A. Lauder, which alone brought $527.5 million, led by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914-16) that sold for $236.4 million after a 20-minute bidding war. A second sale of contemporary and ultra-contemporary works added $178.5 million, with Jean-Michel Basquiat's *Crowns (Peso Neto)* (1981) topping that session at $48.3 million. Notably, no lots were withdrawn across both sales, and Asian collectors drove bidding on many high-value lots. Maurizio Cattelan's gold toilet *America* (2016) sold for $12.1 million, drawing only one bid.

art bites barbie museum collection

Mattel and the Museum of Modern Art (MoMA) have announced a five-year global partnership, launching their first collaborative collection of seven MoMA-inspired Barbie dolls. The debut lineup includes a Van Gogh Barbie featuring a gown inspired by *Starry Night* (1889), alongside other dolls drawing from iconic artworks. This new collection follows Mattel's earlier 2015 Museum Collection, designed by Linda Kyaw, which included Barbies styled after works by Gustav Klimt, Leonardo da Vinci, and Vincent van Gogh, such as a Da Vinci Barbie modeled after the *Mona Lisa* and a Klimt Barbie based on *Portrait of Adele Bloch-Bauer I* (1907).

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.

phillips modern contemporary november dinosaur

Phillips’s Modern and Contemporary art evening sale in New York on Wednesday achieved $67.3 million, a 24.4% increase over last year’s total but far below the $154.6 million record set in 2023. The 33-lot sale landed at the top end of its pre-sale estimate, with Francis Bacon’s *Study for Head of Isabel Rawsthorne and George Dyer* (1967) selling for $16 million as the top lot. Notably, the auction included dinosaur bones for the first time—a juvenile triceratops skeleton nicknamed Cera—which proved a lucrative draw, while a painting by rising British artist Jadé Fadojutimi and a gold nugget called “The Thunderbolt” both failed to sell. Only one new artist record was set, for Firelei Báez at $645,000.

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.

gustav klimt portrait of elisabeth lederer auction record

Gustav Klimt's 'Portrait of Elisabeth Lederer' (1914–16) sold for $236.4 million at Sotheby's New York on November 18, 2025, after 20 minutes of bidding. The painting, which started at $130 million, was won by a phone bidder represented by Sotheby's specialist Julian Dawes, with the hammer price at $205 million. The work was the highlight of the Leonard A. Lauder Collection sale, a 55-work trove valued at over $400 million, and proceeds will go to the Lauder trust. The portrait had been restituted after Nazi-era confiscation and was acquired by Lauder in the mid-1980s.

jeff koons gagosian porcelain series review

Jeff Koons's latest exhibition at Gagosian Gallery in New York features his new series of large-scale porcelain and stainless-steel sculptures, including the centerpiece *Aphrodite* (2016–21), an eight-and-a-half-foot-tall nude. The show marks Koons's first solo presentation in New York in seven years and follows a turbulent period in his career, including record auction sales, a move to Pace Gallery and back to Gagosian, and two lawsuits. Critic Christopher Garcia Valle panned the works as unstimulating and banal, arguing they fail to awe viewers despite their technical ambition and massive scale.

records fall during 706 million night at sothebys turbocharged by blue chip lauder trove

Sotheby's achieved a record-breaking $706 million auction night at its new global headquarters in the Breuer Building, New York, the highest total in the auction house's 281-year history. The sale was propelled by the collection of late art patron Leonard A. Lauder, whose 24 pieces sold for $527.5 million, led by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16) which fetched $236.4 million, becoming the second-priciest artwork ever sold at auction. A subsequent contemporary and ultra-contemporary art sale added $178.5 million.

leonard lauders klimt painting fetches sothebys

A Gustav Klimt painting, *Portrait of Elisabeth Lederer* (1914), sold for $236.4 million at Sotheby’s in New York, setting a new auction record for the artist and becoming the most expensive work ever sold at Sotheby’s as well as the most expensive Modern artwork at auction. The work was part of a sale dedicated to the collection of the late art patron Leonard Lauder, who died in June at age 92. The bidding lasted about 20 minutes, with Sotheby’s auctioneer Oliver Barker opening at $130 million; the winning bid of $205 million came from Sotheby’s staffer Julian Dawes, representing a phone client. The sale included two dozen works from Lauder’s trove, which also featured three Klimt paintings and six Henri Matisse bronzes.

christies 20th century art november new york by the numbers

Christie’s fall auction season in New York opened with a robust evening sale of 20th-century art on Monday night at Rockefeller Center, achieving a total of $690 million after fees. The sale featured an 18-lot offering from the private collection of Robert and Patricia Weis, followed by the main 20th-century auction. The top lot was Mark Rothko’s *No. 31 (Yellow Stripe)* (1958), which sold for $62 million, while Claude Monet’s *Nymphéas* (1907) brought $45.5 million. The sale had a 95 percent sell-through rate, with 55 of 80 lots guaranteed, and strong in-person bidding provided a boost of market confidence after months of art fair cancellations and gallery closures.

alexander calder painted wood mobile christies

Alexander Calder's painted wood mobile "Painted Wood" (ca. 1943) sold for $20.4 million at Christie's 20th-century evening sale in New York, exceeding its $15–$20 million estimate. The work, from the collection of Patricia Phelps de Cisneros, was acquired over 30 years ago and made its auction debut. Bidding was competitive among Christie's staffers Alex Rotter, Max Carter, and Patrick Saich, with Saich winning the lot for a client after a brief technical hiccup. The result is the second-highest price ever for a Calder at auction, behind "Poisson volant (Flying Fish)" (1957) which sold for $25.9 million in 2014.

california attorney general nazi looted picasso madrid

California Attorney General Rob Bonta has re-entered the long-running legal battle over a Camille Pissarro painting, *Rue Saint-Honoré in the Afternoon, Effect of Rain* (1897), which was sold under duress by Lilly Cassirer Neubauer to a Nazi appraiser in 1939 for 900 Reichsmarks. The painting is now held by the Museo Thyssen-Bornemisza in Madrid, and the Cassirer family has sought its return for decades. A new California law signed by Governor Gavin Newsom in September allows exceptions for property taken as a result of political persecution, and Bonta is now defending the state's authority to compel the return of stolen art to victims connected to California.

shanghai art021 west bund art recap

Shanghai's West Bund Art & Design fair and Art021 opened last week with unexpectedly strong sales, despite economic headwinds and regional competition. Many galleries reported brisk first-day sales, with Thaddaeus Ropac placing five works including a Martha Jungwirth painting for €500,000, and Hauser & Worth selling two works for over $1 million. However, major blue-chip galleries like Gagosian and Pace opted out entirely, while others like Almine Rech, White Cube, and David Zwirner scaled back their participation. The fairs took place against a backdrop of China's ongoing property slump and the overlapping Art Collaboration Kyoto, which siphoned attention from international collectors.

the phillips collection to deaccession georgia okeeffe arthur dove georges seurat

The Phillips Collection in Washington, D.C., is proceeding with plans to auction major works by Georgia O'Keeffe, Arthur Dove, and Georges Seurat at Sotheby's on November 20, despite sharp backlash from former curators, members of the Phillips family, and the museum's non-governing members body. The works—including O'Keeffe's *Large Dark Red Leaves on White* (estimate $6–8 million), Seurat's conté crayon drawing ($3–5 million), and Dove's *Rose and Locust Stump* ($1.2–1.8 million)—are considered central to founder Duncan Phillips's vision. Director and CEO Jonathan Binstock argues the proceeds will fund a permanently restricted endowment for commissioning new work by living artists, acquisitions, and collection care, aligning with Duncan Phillips's belief in supporting contemporary practitioners.

art gallery of ontario major gift

The late Toronto collectors Morton and Carol Rapp have donated over 450 artworks by 203 artists to the Art Gallery of Ontario (AGO) from their estates. The gift includes major Pop art works: 13 screen prints by Andy Warhol, including four Marilyn Monroe portraits (1967); works by Robert Rauschenberg, Jasper Johns, Claes Oldenburg (including the sculptural print 'Teabag' from 1966), David Hockney, and Roy Lichtenstein; plus Barnett Newman's 1964 lithograph 'CANTO XVIII', marking the Abstract Expressionist's debut in the collection. The donation also features photography by Yinka Shonibare and Kara Walker. The couple, who began supporting the AGO in 1966, had previously donated 474 works, bringing their total contribution to nearly 1,000 pieces.

have new york museums hit their peak

New York's major art museums, including MoMA, the Guggenheim, the Metropolitan Museum of Art, and the Whitney, are experiencing attendance figures that have not surpassed their peaks from several years ago. MoMA projects reaching 3.24 million visitors for the 2012–13 fiscal year, just shy of its 2009–10 record of 3.22 million, driven by blockbuster exhibitions like "Magritte: The Mystery of the Ordinary" and a Sigmar Polke retrospective. Meanwhile, the Guggenheim's attendance peaked in 2009, the Met saw its busiest season in 2011–12 with 6.28 million visitors and is now on track for a second consecutive decline, and the Whitney's high was 372,000 in 2009–10. Factors cited include a harsh winter, ongoing construction at the Met, and a shift toward more scholarly exhibitions, though tourism growth in New York continues, especially among international visitors.

auguste rodin egyptian collection exhibition nyu isaw

A new exhibition titled “Rodin’s Egypt” opens November 19 at NYU’s Institute for the Study of the Ancient World (ISAW), exploring how ancient Egyptian art influenced Auguste Rodin’s sculptures. Guest curated by Bénédicte Garnier of the Musée Rodin in Paris, the show features 65 objects, including Rodin’s rarely seen assemblages that combine his plaster casts with Egyptian antiquities from his personal collection of over 1,000 Egyptian items. This marks the first US exhibition of Rodin’s Egyptian holdings.

sothebys charles stewart supply and demand

Sotheby's CEO Charles Stewart told CNBC that the art market has entered a new phase this fall, with supply finally catching up with demand after months of strong bidder activity. New York's marquee auction houses are preparing for sales expected to total more than $1.4 billion, a roughly 50% jump from last year, driven by major consignments including the estate of Leonard Lauder (55 works valued at over $400 million, led by Gustav Klimt's Portrait of Elisabeth Lederer) and collections from Jay and Cindy Pritzker. Christie's highlights include a Monet Nymphéas, a David Hockney portrait, and a Mark Rothko, each estimated at $40–60 million.

trustees bolt palm springs art museum director hire

Trustee Patsy Marino resigned from the Palm Springs Art Museum board just one week after Christine Vendredi was appointed director on September 29, 2024. In a resignation letter reported by the Los Angeles Times, Marino alleged that the hiring committee failed to interview any outside candidates, despite two "exceptional" candidates being considered, and cited "inappropriate interference" by the executive committee, individual trustees, and museum staff. Two other board members also left the 22-member body, though the museum claims their departures were unrelated. Vendredi, previously chief curator and interim CEO, has a background in luxury brand management at Louis Vuitton and holds multiple advanced degrees but no prior museum directorship experience.

friedrich kunath

Artist Friedrich Kunath, known for his sincere yet absurd paintings, discusses his unlikely friendship with tennis star Reilly Opelka, who is also an art collector. The two share a mutual obsession with each other's crafts—Kunath coaches Opelka in tennis, while Opelka seeks Kunath's insights on artists like Philip Guston. Kunath is preparing for his solo debut at Pace Gallery in New York this November, following his move from Blum Gallery, which closed shortly after. He reflects on the loneliness of both tennis and art, and his creative process, which draws heavily from music and film.

j paul getty trust glenn lowry lionel sauvage board

The J. Paul Getty Trust has appointed Glenn D. Lowry, former director of New York's Museum of Modern Art, and Lionel M. Sauvage, a French philanthropist and collector, to its board of trustees, effective in 2026. Lowry led MoMA for 30 years, overseeing major expansions and the integration of PS1, while Sauvage holds leadership roles at Les Arts Décoratifs and other cultural institutions.

dolce and gabbana exhibition ica miami february

Italian fashion house Dolce & Gabbana announced that its exhibition “From the Heart to the Hands” will travel to the Institute of Contemporary Art, Miami, opening February 6, 2026, and running through June 14. Curated by fashion historian Florence Müller, the show features over 300 pieces from the brand’s archival and recent collections, including its Alta Moda, Alta Sartoria, and Alta Gioielleria lines, displayed in immersive rooms inspired by art, architecture, folklore, and the dolce vita. The exhibition also includes collaborations with visual artists such as Quayola, Alberto Maria Colombo, Obvious, Vittorio Bonapace, and Felice Limosani.

wifredo lam moma retrospective surrealism review

The Museum of Modern Art (MoMA) has opened a major retrospective of Afro-Cuban Surrealist painter Wifredo Lam, featuring over 200 works. The exhibition highlights Lam's masterpiece *Grande Composition* (1949), a 14-foot-wide painting recently acquired by MoMA after years of negotiation with a Paris collector. Curated by MoMA's new director Christophe Cherix and Beverly Adams, the show reexamines Lam's career, emphasizing his Afro-Cuban heritage and his use of hybrid figures like the femme-cheval, which reference Lucumí spiritual traditions.

rosalia lux patti smith la yugular

Rosalía's fourth studio album, *LUX*, features a recording of Patti Smith from a 1976 interview on the closing track "La Yugular." The article describes Rosalía's admiration for Smith, recounting a meeting where Smith complimented her dress and discussed the song. Smith's influence is highlighted through her music, memoir *Just Kids*, and her artistic practice in photography and mixed media, including her first solo exhibition at the Wadsworth Atheneum Museum of Art in 2011. Smith also recently released a new memoir, *Bread of Angels*.

ex christies chief jussi pylkkanen works trends watch auction season

Jussi Pylkkanen, former Christie's chairman, analyzes the upcoming New York 20th and 21st Century Art sales, noting a return to market confidence after strong European auctions in London and Paris aligned with Frieze and Art Basel Paris fairs. Christie's London posted its best October sales since 2018, Sotheby's had its most valuable Paris season, and a Picasso portrait sold for $37 million at Hôtel Drouot. The season shows a shift from speculative buying toward established artists like Bacon, Freud, Picasso, and Klimt, with 27 works valued over $10 million, led by Gustav Klimt's *Portrait of Elizabeth Lederer* from the Leonard Lauder collection, estimated to exceed $150 million at Sotheby's.

sothebys newly relocated to the breuer building reintroduces itself to new york

Sotheby's has relocated its New York headquarters to Marcel Breuer's iconic Brutalist building on Madison Avenue, formerly home to the Whitney Museum, the Met Breuer, and a Frick Collection outpost. After a renovation by Herzog & de Meuron that restored original gallery proportions and upgraded infrastructure, the auction house is inaugurating the space with a series of exhibitions featuring three major single-owner collections—Leonard A. Lauder, Cindy and Jay Pritzker, and Exquisite Corpus—estimated at over a billion dollars. Highlights include Gustav Klimts from the Lauder trove, a Van Gogh still life from the Pritzker collection, a Frida Kahlo painting expected to set a record for a woman artist, and a Basquiat work in the contemporary evening sale.

philadelphia art museum van gogh sunflowers exhibition

The Philadelphia Art Museum (PAM) will mount an exhibition titled “Van Gogh’s Sunflowers: A Symphony in Blue and Yellow” from June 6 to October 11, 2026, bringing together two of Vincent van Gogh’s iconic “Sunflower” paintings: PAM’s own Sunflowers (1889) with a turquoise background and the National Gallery’s Sunflowers (1888) with a yellow background. The exhibition continues a collaboration between the two institutions, following a recent loan of PAM’s painting to the National Gallery’s “Van Gogh: Poets and Lovers” show, where the two works hung in a triptych with van Gogh’s Lullaby: Madame Augustine Roulin Rocking a Cradle (La Berceuse).

erwin olaf freedom retrospective stedelijk

The Stedelijk Museum in Amsterdam has opened "Erwin Olaf—Freedom," a major retrospective of the late Dutch photographer Erwin Olaf, who died in 2023 at age 64. The exhibition spans over a dozen rooms, showcasing his diverse output from subcultural documentation and commercial work to staged tableaux, self-portraits, and club ephemera, alongside video and sculpture. It juxtaposes formally refined portraits, such as Queen Máxima, with provocative early works like "Joy" (1985), refusing to impose a single narrative on his career.

jennifer lawrence contemporary artist collaboration w magazine art issue

W magazine's current art issue features Academy Award-winning actress Jennifer Lawrence in a three-part collaboration with French filmmaker and artist Philippe Parreno, American painter Elizabeth Peyton, and German photographer Wolfgang Tillmans. Parreno shot a short film starring Lawrence, Tillmans photographed her at his London studio wearing a T-shirt referencing his Centre Pompidou exhibition, and Peyton painted a portrait of the actress in her signature loose, romantic style. The issue has three different covers, each dedicated to one collaborating artist's work.

philadelphia art museum director dismissed sasha suda

Sasha Suda, director and CEO of the Philadelphia Art Museum (formerly the Philadelphia Museum of Art), was dismissed on Tuesday. Reports from the Philadelphia Inquirer and Philadelphia Magazine indicate she was terminated for “cause” via email, though the specific reasons were not disclosed. The dismissal follows controversy over the museum’s recent rebranding, which was criticized online and reportedly caught board members off guard. Suda, who joined in 2022 after leading the National Gallery of Canada, faced internal dissent from unionized staff and tense negotiations, as well as the departure of deputy director Carlos Basualdo. The museum has also struggled with a deficit and declining attendance since the pandemic.