Koons lobster snapped up amid day two sales at Art Basel

On the second day of the Art Basel VIP preview, sales continued at a slower pace. White Cube sold Michael Armitage's 2015 painting *In the garden* for $3.2 million, while Gagosian placed a large lobster sculpture by Jeff Koons for a seven-figure sum. Pace Gallery reported that a Pablo Picasso painting *Homme à la pipe assis et amour* (1969), priced at $30 million, remains on reserve, though it did sell a 1964 bronze by Louise Nevelson for $850,000. Berlin's Galeria Plan B sold an untitled 2025 Adrian Ghenie painting for €1 million, and Hauser & Wirth sold Frank Bowling's *Iceni* (1975) for $1.8 million, with Felix Gonzalez-Torres's *"Untitled" (Go-Go Dancing Platform)* (1991), priced at $16 million, placed on serious hold for an institution.

John Middleton’s secret art collection is coming out of the shadows in a blockbuster two-museum show

John Middleton, managing partner of the Philadelphia Phillies, and his wife Leigh are revealing their previously secret art collection in a major two-museum exhibition titled "A Nation of Artists," opening in Philadelphia in 2026. About 120 paintings, furniture, and decorative arts from the Middleton Family Collection will be split between the Philadelphia Museum of Art and the Pennsylvania Academy of the Fine Arts, surrounded by over a thousand other objects from both institutions. The show, billed as the most expansive presentation of American art ever mounted in Philadelphia, coincides with the nation's Semiquincentennial celebration and is being promoted as a cultural highlight of the anniversary.

Christie’s presents Post-War to Present as a highlight of its London Summer Season - Christie's

Christie’s has announced its London Summer Season, running from June to August 2025, with the Post-War to Present sales as a central highlight. The season includes live and online auctions, selling exhibitions such as 75 Years of New Contemporaries and Modern British Art: A Selling Exhibition, and cultural partnerships. Key auction highlights include Lynette Yiadom-Boakye's '8pm Zaragoza' (estimate £500,000–700,000), Victor Man's 'The Chandler' (estimate £300,000–500,000), and works by David Hockney, Cecily Brown, KAWS, and Georg Baselitz. The live sale takes place on 26 June, with online bidding from 17 June to 1 July.

Grand Rapids Art Museum celebrates the artistry of David Hockney in new exhibit

The Grand Rapids Art Museum (GRAM) has opened a new exhibition titled "David Hockney: Perspective Should Be Reversed," featuring over 160 works by the celebrated British artist David Hockney, spanning from 1954 to 2022. The prints on display come from the collection of Jordan D. Schnitzer and His Family Foundation. The exhibit runs from May 31 through November 2, with admission free for members and children under five, and $12 for adults. GRAM curator Jennifer Wcisel discussed the exhibition in a recent interview.

Empathy is in short supply today – artist Saya Woolfalk intends to change that

Saya Woolfalk's largest survey exhibition, 'Empathic Universe,' has opened at New York's Museum of Arts and Design. The show introduces visitors to the Empathics, a fictional plant-human hybrid species that embodies profound understanding and interconnection. Organized by curator Alexandra Schwartz, the exhibition spans two decades of Woolfalk's career and includes video, sculpture, installation, works on paper, and artist-fashioned clothing. It explores themes of empathy, hybridity, and utopia, drawing on Afrofuturist thinkers and science fiction, while addressing issues of racism and sexism in a polarized world.

Phillips Installs Robert Manley and Miety Heiden in Top Posts Amid Market Shifts

Phillips has appointed Robert Manley as chairman of modern and contemporary art and Miety Heiden as chairman of private sales, following the departure of Cheyenne Westphal and Jean-Paul Engelen. Manley, who joined Phillips in 2016, has secured major consignments including the collection of Francesco Pellizzi and the Pop Art trove of Miles and Shirley Fiterman, while Heiden has driven a 46 percent growth in annual private sales. The appointments come after Phillips' $51.9 million Modern and Contemporary Evening Sale, which reinforced the auction house's strength in the contemporary segment.

Takashi Murakami Casts His Spell Again

Takashi Murakami is back in the spotlight with a new exhibition, “Stepping on the Tail of a Rainbow,” opening May 25 at the Cleveland Museum of Art. The show features a full-scale replica of a portion of an ancient temple at Nara, Japan, and highlights the artist’s signature Flowers series. Murakami, known for his manga- and anime-inspired characters, has also become a fashion icon, with followers including Usher, Pharrell Williams, and entrepreneur Sarah Andelman. The article captures a press event where Murakami sketched portraits of artist Shahzia Sikander, dressed in a whimsical outfit designed to captivate his audience.

Cleveland Museum of Art welcomes new exhibit: 'Stepping on the Tail of a Rainbow'

The Cleveland Museum of Art is opening a new exhibition titled 'Stepping on the Tail of a Rainbow,' featuring the work of Japanese contemporary artist Takashi Murakami. The show runs from May 25 through September 7, with member previews from May 16 to 24. The exhibition explores Murakami's signature style blending anime, manga, and otaku culture with traditional Japanese art, and addresses themes such as trauma, healing, and the cultural impact of historical events including World War II and the COVID-19 pandemic.

Christie's 20/21 sales achieve $693 million

Christie's 20th and 21st Century Art sales in New York from 12-15 May 2025 achieved a total of $693 million across six sales, reaching 123% of the low estimate. The top lot was Piet Mondrian's 1922 painting *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue*, which sold for $47.56 million. Other highlights included Claude Monet's *Peupliers au bord de l'Epte, crépuscule* (1891) at $42.96 million, and Marlene Dumas's *Miss January* (1997), which set a record for a living female artist. The Leonard & Louise Riggio collection alone brought $272 million, while the 20th Century Evening Sale achieved $217 million with a 100% sell-through rate. New artist records were set for Dorothea Tanning, Remedios Varo, Louis Fratino, Simone Leigh, and Emma McIntyre.

Marlene Dumas’s $13.6m semi-nude breaks auction record for a living female artist

Christie's 21st century evening sale on Wednesday achieved $79 million ($96.5 million with fees), falling within revised estimates but below original projections and prior sale totals. The standout lot was Marlene Dumas's 1997 painting *Miss January*, which sold for $13.6 million with fees, setting a new auction record for any living female artist. The sale saw three of four records set for women artists, including Simone Leigh, Emma McIntyre, and Louis Fratino, though bidding was subdued overall with heavy reliance on third-party guarantees.

Despite record-breaking results for four women artists, Phillips’s evening auction in New York sparks few fireworks

Phillips’s evening sale of modern and contemporary art in New York on May 13 achieved a total hammer price of $44.2 million ($52 million with fees), falling just below the low pre-sale estimate of $45.3 million. Four works were withdrawn before the sale, and five lots failed to sell. Despite the subdued overall results, the auction set new auction records for four women artists: Kiki Kogelnik, Ilana Savdie, James Turrell (Light and Space artist), and Grace Hartigan. Other strong performers included works by Yu Nishimura, Olga de Amaral, Barbara Hepworth, and Danielle McKinney. The top lot was Jean-Michel Basquiat’s *Untitled* (1984), formerly owned by David Bowie.

A young Richter’s painting of an even younger Polke and a once-grimy Brazilian landscape by Frans Post: our pick of the May auctions

The article previews five major lots coming to auction in New York in May 2025, spanning Phillips, Sotheby's, Christie's, and Bonhams. Highlights include Gerhard Richter's 'Mann mit zwei Kindern' (1966), a portrait of Sigmar Polke estimated at $4–6 million; Frans Post's 'View of Olinda with Ruins of the Jesuit Church' (1666), estimated at $6–8 million and expected to break the artist's record; Andy Warhol's 'Big Electric Chair' (1967–68), estimated around $30 million; and Fernando Botero's 'The Bed' (1982), estimated at $700,000–$1 million. Each work is making its auction debut or is a rare market appearance.

A Tale of Two Cities: Spring Auctions in Hong Kong and Shanghai

Christie's and Sotheby's held their spring marquee auctions in Hong Kong and Shanghai, timed to coincide with Art Basel Hong Kong for the first time. Christie's evening sale of 20th and 21st century art in Hong Kong achieved HKD 560 million (USD 72 million) with a 95% sell-through rate, led by Jean-Michel Basquiat's *Sabado por la Noche (Saturday Night)* (1984) at HKD 112.6 million. Other highlights included a new artist record for Zhang Enli's *Intimacy* (2002) at HKD 23.4 million, and strong sales for works by Yayoi Kusama, Zao Wou-Ki, and Adrian Ghenie, though most lots sold near their low estimates.

Auction record

A new auction record has been set, with a significant artwork selling for a high price at a major auction house. The sale took place recently, drawing attention from collectors and the art market.

parties cult100 cultured magazine guggenheim

CULTURED magazine hosted its second annual CULT100 party at the Guggenheim Museum in New York, in exclusive partnership with Valentino and Valentino Beauty. The event celebrated the magazine's spring issue, a 400-page edition honoring 100 luminaries and rising talents across food, film, art, fashion, and more. Guests including Keke Palmer, Lena Dunham, Naomi Watts, Adam Scott, and Anne Imhof gathered in the Frank Lloyd Wright-designed rotunda for cocktails, a Valentino Beauty lounge, and a program that coincided with artist Carol Bove's ongoing museum survey exhibition at the Guggenheim.

In 2026, DeviantArt Is Helping Artists Cut Through The Noise and Fuel Sustainable Careers

DeviantArt has undergone a significant resurgence, reaching over 108 million users by 2026 following a multi-year modernization effort. The platform has pivoted away from traditional advertising models to a creator-centric ecosystem that prioritizes artist monetization through subscriptions, digital tip jars, and low-fee sales. By removing third-party ads and implementing advanced image protection technology, the site has positioned itself as a secure alternative to mainstream social media for digital creators.

met gala reveals 2026 dress code fashion is art

The Metropolitan Museum of Art has announced "Fashion is Art" as the official dress code for the 2026 Met Gala, complementing the Costume Institute’s upcoming exhibition, "Costume Art." Curated by Andrew Bolton, the show will feature approximately 400 objects that juxtapose couture fashion with traditional artworks and artifacts. The exhibition will be the first to inhabit the museum's new Condé M. Nast Galleries and is structured around a "typology of bodies," exploring how fashion interacts with various human forms ranging from classical nudes to aging bodies.

The Biggest Week of the Spring?

Hyperallergic's newsletter provides a comprehensive overview of a packed week in New York's art scene. Key events include the reopening of the New Museum after its OMA-designed expansion, the concurrent runs of the Affordable Art Fair and Outsider Art Fair, and the city-wide Asia Art Week. The publication also offers a critical assessment of the 2026 Whitney Biennial and a guide to upcoming spring art fairs.

defaults on art loans soar impact of australias social media ban on museums writer takes aim at singapore biennial morning link for january 6 2025

The Financial Times reports that half of non-bank lenders offering loans against artworks experienced defaults in 2024, up from 17% two years earlier, according to the Art and Finance Report 2025 by Deloitte Private and ArtTactic. The art market has shrunk 12% to $57.5 billion since 2022, dragging down collateral values and triggering margin calls. Meanwhile, Australia's social media ban for under-16s raises questions for museums, with the Art Gallery of New South Wales noting minimal impact but the Museum of Contemporary Art Australia more reliant on youth engagement. Other news includes Vanessa Horabuena's speed-painted Jesus sold for $2.75 million at Mar-a-Lago, the cancellation of NFT Paris and RWA Paris 2026, and a critical column calling for the end of the Singapore Biennial.

art criticism lynne tillman paying attention book

Lynne Tillman celebrated the publication of her new collection, *Paying Attention: Essays on Art and Culture*, from David Zwirner Books, at an event hosted by Coco’s at Colette. The article features a conversation between Tillman and the author, in which she discusses her origin story as a critic, her background in fiction writing, and her unconventional entry into art criticism through an invitation from Craig Owens at *Art in America*. She recounts writing a Madame Realism story about a Renoir exhibition after eavesdropping on museum tours, a piece that angered some art historians.

parties moma ps1 50th anniversary

MoMA PS1 kicked off its 50th anniversary year with an intimate cocktail event at the Tribeca townhome of board member Michi Jigarjian, hosted by the museum's patron group the Greater New Yorkers. Over 100 guests—including artists, collectors, dealers, and curators—gathered for remarks from Director Connie Butler, Chief Curator Ruba Katrib, and co-chairs Leslie Fritz, Ed Tang, and Amitha Raman, followed by a performance by experimental cellist Dorothy Carlos. Attendees received a first look at the upcoming quinquennial exhibition "Greater New York 2026," which will feature over 50 New York-based artists, with a partial list including Farah Al Qasimi, Fields Harrington, Hardy Hill, Sofia Sinibaldi, and Julia Wachtel.

parties young artist prize 2025 mz wallace

CULTURED magazine and fashion brand MZ Wallace celebrated the 10-year anniversary of their Young Artists List with an event at (SUB)MERCER in SoHo, where they announced Iraqi-born, Los Angeles-based artist Ali Eyal as the winner of the 2025 Young Artist Prize. Eyal received an unrestricted $30,000 grant, selected by a jury of curators from the Met, the Hammer, and MoMA, for his multidisciplinary practice reflecting on violence endured during his upbringing in Baghdad.

Photo London x Nikon Emerging Photographer Award 2026 – in pictures

The Photo London x Nikon Emerging Photographer Award 2026 has announced its shortlist, showcasing works from seven emerging photographic artists. The exhibition is on display at Photo London, featuring pieces such as Sal Taylor Kydd's "Passing" (2026), Devin Oktar Yalkin's portraits including "Anne Hathaway" and "Swallows Pride" (2020), Ci Demi's "Il-Giorniale" (2021), Steffi Reimers' "Gunshot punctures" (2023) from her series "Guilty Grounds," Sebastian Gonzalez's "Escalas Temporales" (2025), and Edward Rollitt's "Alfred Smee Pruned His Roses" (2024). The award, launched in 2015 in partnership with Nikon, aims to nurture and enable the career development of emerging photographic artists.

Yerba Buena Center for the Arts Appoints Essence Harden as Senior Curator

Yerba Buena Center for the Arts (YBCA) in San Francisco has appointed Essence Harden as senior curator, effective May 18. Harden currently serves as curator of Expo Chicago and has organized the Focus section of Frieze Los Angeles since 2024, roles they will continue with YBCA's support. An independent curator, Harden recently co-curated the 2025 Made in L.A. biennial at the Hammer Museum and previously held positions at the California African American Museum, Orange County Museum of Art, Art + Practice, Museum of the African Diaspora, and Oakland Museum of California. A Bay Area native, Harden's hiring marks a homecoming.

New Hong Kong fairs offer fresh opportunities for a changing market

Hong Kong Art Week 2026 features several new art fairs offering alternative models to traditional events. ArtHouse Tai Hang, led by former Christie's executive Jacky Ho, displays works across ten locations in a residential neighborhood with a pay-only-if-sold financial model. Check-in, organized by Alex Chan, requires all artworks to be suitcase-sized and includes daily performances. Pavilion, founded by Ysabelle Cheung and Willem Molesworth, presents a boutique, curated alternative to high-pressure fairs.

Bank of America ArtTactic Art Market Report 2026 Trends

b of a arttactic art market report 2026 trends

The US art market experienced a 23 percent increase in auction sales in 2025, reaching approximately $3.17 billion according to a joint report by Bank of America and ArtTactic. This growth was not fueled by a rise in general demand but was instead driven by high-value estate consignments, a return to established historical artists, and a heavy reliance on financial guarantees. The data indicates a shift away from the speculative flipping of 'wet paint' contemporary works, which saw negative returns for pieces held for less than five years.

banksys walled off hotel in bethlehem reopens for the first time since october 7 attacks

Banksy's Walled Off Hotel in Bethlehem has reopened for the first time since the October 7 attacks on Israel and the subsequent war in Gaza. The hotel, which opened in 2017 across from the West Bank barrier, functions as a guesthouse, museum, art gallery, bookstore, and spray-paint shop, with nearly every window facing the 30-foot-high concrete wall. Manager Wisam Salsaa described the reopening as a symbol of hope and a cultural platform carrying the narrative of Palestine, featuring more than 20 original Banksy works and accommodation ranging from $70 bunk beds to a $495 presidential suite.

galerie de linstitut

Galerie de l'Institut, a family-run Parisian gallery specializing in prints since 1954, is currently staging "Picasso. Dessin. 1903–1972," a major exhibition showcasing Pablo Picasso's prints and works on paper spanning nearly seven decades. The gallery, led by siblings Marc Lebouc and Anne-Gaëlle Lebouc (the second generation), with the third generation (Louis Lebouc) now involved, has expanded its focus from prints to include unique works and strengthened its online presence through platforms like Artnet. The exhibition marks both Picasso's 144th anniversary and the opening of the gallery's third space.

art dealers movie villains

Artnet News examines the recurring trope of art dealers as villains in popular cinema, highlighting seven films that feature duplicitous gallerists, auction house specialists, and art advisors. Examples include Rhodora Haze in *Velvet Buzzsaw* (2019), a ruthless gallerist who profits from a dead artist's work against his dying wish, and Virgil Oldman in *The Best Offer* (2013), an auction house director entangled in forgery and deception. The article also references Victor Taft in *Legal Eagles* (1986), where a performance artist's father's suspicious death drives the plot.

cowley abbott canadian art

Cowley Abbott’s Fall Live Auction of Important Canadian Art will take place on November 26 at Toronto’s Globe and Mail Centre, featuring a curated selection of historical and contemporary Canadian works. Highlights include Jean Paul Riopelle’s *Sans titre* (1950, est. CA$1.2–1.5M), Emily Carr’s *Pole of Harhu* (1912, est. CA$800,000–$1.2M), Lawren Harris’s *Rocky Mountains; Abstract Composition* (est. CA$400,000–$600,000), Jack Bush’s *Awning* (1974, est. $200,000–$300,000), and Jean Paul Lemieux’s *Jeune fille en jaune* (1964). Founded in 2013 as Canada’s first online art auction house, Cowley Abbott has evolved into a hybrid gallery and digital marketplace, with onsite viewing at its Dundas Street West gallery through the auction date.