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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 The auction featured 43 lots, with four withdrawn before the sale, and a sell-through rate of 83.7 percent (92.3 percent after withdrawals).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.

anne imhof sculpting bronze

Anne Imhof, the German artist known for her provocative multimedia performances, is presenting new bronze relief sculptures at the TEFAF art fair (May 9–13) at New York's Park Avenue Armory, the same venue where her performance "DOOM: House of Hope" recently premiered. The works, which debuted in her 2024 exhibition "Wish You Were Gay" at Kunsthaus Bregenz, mark a shift from her signature tech-infused performances to sculptural forms inspired by ancient Greek friezes and Renaissance reliefs. Priced at €250,000 each, the bronzes depict intertwined nude figures, skulls, animals, and apocalyptic imagery, reflecting themes of love, death, and the afterlife.

tefaf new york must see

TEFAF New York returns to the Park Avenue Armory from May 9–13, 2025, featuring 91 exhibitors from around the world. The fair presents a broad range of modern and contemporary art, jewelry, antiquities, and design, with highlights including an untitled canvas by Shirley Jaffe at Galerie Nathalie Obadia, a ceramic bird sculpture by Guidette Carbonell at Lebreton Gallery, a Roman marble head of a bearded god at Charles Ede, and design pieces such as Zaha Hadid's Liquid Glacial coffee table at David Gill Gallery and Josef Frank's 'Flora' chest of drawers at Modernity Stockholm. The event also includes curated displays in the venue's historic period rooms, a feature unique to this fair.

emily cole museum show

The Thomas Cole National Historic Site in Catskill, New York, is hosting the largest exhibition of Emily Cole's work since the 19th century. Emily Cole (1843–1913), the daughter of Hudson River School founder Thomas Cole, took up painting in his studio as an adult, creating delicate botanical studies on porcelain ceramics. The show features over 100 pieces from the museum's collection, including works on paper and painted china, alongside contemporary responses from eight women artists such as Ann Agee, Jacqueline Bishop, and Francesca DiMattio.

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.

auudi dorsey expo chicago

Expo Chicago opened on Thursday at Navy Pier Festival Hall, featuring 20 exhibitors from South Korea in partnership with the Galleries Association of Korea. The fair, acquired by Frieze in 2023 alongside the Armory Show, balances regional character with an increasingly international feel. In the 'Exposure' section spotlighting emerging artists, New York-based Palo Gallery devoted its booth to New Orleans artist Auudi Dorsey (b. 1992). By opening day, Dorsey's painting *Rumble* (2025), depicting a Black boxer, sold for $14,000. The work belongs to his 'Gunslinger' series, named after the Louisiana State Penitentiary's boxing team and inspired by boxer Clifford Etienne. Dorsey's booth, designed with wood-like wallpaper to evoke boxing gyms, drew praise. His recent group show at the San Francisco Museum of Modern Art, 'In The Game: Sports, Art, Culture,' and a forthcoming solo exhibition at Palo Gallery, 'Southern Whips' (opening May 15), underscore his rising profile.

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.

ho tzu nyen 2026 gwangju biennale

The Gwangju Biennale has appointed Singaporean artist Ho Tzu Nyen as artistic director for its 2026 edition, marking a departure from its tradition of selecting world-renowned curators. Ho, known for his films exploring Asia's evolving identity, previously organized the 2019 Asian Art Biennale and represented Singapore at the 2011 Venice Biennale. The biennial hinted that the 2026 edition will focus on art's power to drive change, with Ho emphasizing a collaborative approach that resonates with Gwangju's legacy of democratic transformation.

roberto lugo princeton university art museum exhibition

Roberto Lugo's solo exhibition "Orange and Black" at Art@Bainbridge, Princeton University Art Museum, presents his recent ceramic works that blend ancient Grecian vessel forms with contemporary narratives of Black and Latinx culture. The show features vases from his "Orange and Black Series" and "What Had Happened Was" series, depicting figures like Roberto Clemente, Selena Quintanilla, Ruby Bridges, Jackie Robinson, and the Central Park Five, alongside sculptural fragments designed to appear weathered and ancient. The exhibition runs through July 6, 2025.

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.

How to Feel the Benefits of Art, According to Psychologists

Recent psychological research confirms that engaging with visual art provides significant physical and mental health benefits, including the alleviation of depression, anxiety, and stress. Studies indicate that viewing art can also enhance cognitive functioning and social skills, prompting new initiatives to explore the specific mechanisms behind these wellness improvements.

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.

LR Vandy’s Rope Sculptures Disentangle Histories of Colonialism and Transportation

London-based artist LR Vandy has opened her first solo museum exhibition, "Rise," at the Yorkshire Sculpture Park. The show features a series of sculptures crafted from nautical materials like Manila rope, ship's helms, and hull-shaped wooden forms, many of which were created in her studio at the Chatham Historic Dockyard. The works explore the complex intersections of maritime history, trade, and the labor systems that powered the Age of Discovery.

Usher, Spike Lee, and Tyler Mitchell Helped Raise $3.7 Million for the Studio Museum in Harlem at a Party for the Ages

The Studio Museum in Harlem hosted a star-studded gala at the Glasshouse in Manhattan, raising $3.7 million to support its upcoming reopening. The event marked a significant milestone for the institution, which has been undergoing extensive renovations for seven years and is scheduled to open its new doors on West 125th Street on November 15. Director and Chief Curator Thelma Golden described the evening as a 'threshold' moment, celebrating the museum's legacy of shaping cultural history since its founding in 1968.

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.

Bruno Bischofberger stirbt im Alter von 86 Jahren

Bruno Bischofberger, the influential Swiss gallerist and art collector, has died at age 86. His gallery announced the news. Bischofberger was a key figure in the international art trade, known for introducing American post-war art to Europe. He formed a close partnership with Andy Warhol, who granted him a lifelong first-refusal right on his works. In 1984, Bischofberger initiated the collaboration between Warhol and Jean-Michel Basquiat, and also facilitated joint works with Francesco Clemente. He opened his first gallery in Zurich in 1963, showing artists like Roy Lichtenstein, Robert Rauschenberg, Claes Oldenburg, and Gerhard Richter, and later expanded to Männedorf and St. Moritz.

Rare Books Stolen from Former MoMA President Are Returned

Manhattan District Attorney Alvin L. Bragg, Jr., has returned 17 rare books, collectively valued at nearly $3 million, to the heirs of John Hay and Betsey Cushing Whitney. The books were stolen from the couple's Long Island estate in the 1980s and include a bound collection of John Keats's love letters, a signed James Joyce volume, and an illustrated Brothers Grimm book. The recovery followed a tip from Manhattan book dealers in 2015, leading to search warrants executed in 2025 and 2026.

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.

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.

derrick greaves patrick caulfield james hyman gallery

James Hyman Gallery is presenting a dual-artist online exhibition titled “Signature Pots: Patrick Caulfield | Derrick Greaves,” which runs through December 25, 2025. The show brings together works by two major British artists—Derrick Greaves (1927–2022) and Patrick Caulfield (1936–2005)—exploring their shared focus on still life, color, and form. Greaves, who represented Britain at the Venice Biennale in the 1950s and was associated with the Kitchen Sink painters, later developed a graphic style linked to Pop art. Caulfield emerged in the 1960s as part of the New Generation alongside David Hockney and Bridget Riley. The exhibition highlights how both artists transformed everyday objects into iconic images, with works such as Greaves's "Still Life with White Lillies" (2021) and Caulfield's "Untitled (signature pots)" (ca.1975) demonstrating their mastery of line, shape, and color.

richard hambleton

Richard Hambleton, the Canadian street artist known as the "Godfather of Street Art," is the subject of a new feature by Sphere Gallery, which has championed his legacy. The gallery, founded in New York in 2015 and now based in Laguna Beach, California, specializes in artists who shaped contemporary visual culture, including Hambleton. The article highlights Hambleton's early "Image of Mass Murder" body outlines from the 1970s and his iconic "Shadowman" paintings from the early 1980s, which appeared in cities worldwide. It also discusses his relationships with Andy Warhol, Jean-Michel Basquiat, and Keith Haring, as seen in his 2016 work *The Four Friends*. Gallery founder Philippe Hoerle-Guggenheim shares his personal encounters with Hambleton's work and explains why the "Shadowman" series remains significant for its raw, psychological intensity and its embodiment of 1980s New York City.

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.

Amy Sherald Comes Home: “American Sublime” Opens at the High Museum

The High Museum of Art in Atlanta opens "Amy Sherald: American Sublime" on May 15, a mid-career retrospective featuring over 35 paintings from 2007 to 2024. The exhibition was originally scheduled to conclude at the National Portrait Gallery in Washington, D.C., but Sherald canceled that stop after a Trump administration executive order directed Smithsonian institutions to remove so-called "un-American content." The High Museum secured the final slot after the Baltimore Museum of Art, following months of coordination with SFMOMA, Sherald's studio, and Hauser & Wirth. The show includes Sherald's portrait of Breonna Taylor and her iconic Michelle Obama portrait, organized into five thematic sections.

Artist Nathaniel Mary Quinn, Who Grew Up in the Robert Taylor Homes, Returns to Chicago for New Exhibit

Chicago-born artist Nathaniel Mary Quinn, now based in Brooklyn, is opening his first museum show in his hometown at the National Public Housing Museum. Titled “Nathaniel Mary Quinn: A Love Letter to My Mother,” the exhibition runs from May 21 to August 23, 2026, and features 10 artworks alongside a recreation of his childhood living room in the Robert Taylor Homes. The show is dedicated to his late mother, who encouraged his early drawing on the apartment walls. Quinn, known for his collage-like portraits, recently created the album cover for the Rolling Stones’ upcoming album “Foreign Tongues.” The museum will also host community conversations about the history of the Robert Taylor Homes.

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.

Frieze New York 2026 Sales Report & Contemporary Art Market Trends

Frieze New York 2026 concluded with significant sales activity, as galleries reported strong demand for blue-chip contemporary works. The fair featured a mix of established and emerging artists, with notable transactions including major paintings by living artists and secondary market pieces. Dealers noted a cautious but steady market, with collectors focusing on high-quality, investment-grade works.

Review. VARIOUS OTHERS 2026

The 2026 edition of VARIOUS OTHERS in Munich featured a tightly curated program of exhibitions across participating galleries, institutions, and artist-run spaces. For the first time, the event awarded the "VARIOUS OTHERS Prize" (VO Award) to both a gallery and an off-space: Gallery Sperling and space n.n. won for their respective exhibitions. Notable presentations included solo shows by Paola Siri Renard at nouveaux deuxdeux, Milena Muzquiz at Galerie Rüdiger Schöttle, and a dual exhibition at Knust Kunz Gallery Editions featuring Robert Motherwell and Merce Cunningham. Museum Brandhorst also opened the "Carrying" project with works by international artists.

Our Highlights From Frieze New York 2026

Frieze New York 2026 took place from May 13 to 17 at The Shed in Manhattan, featuring nearly 70 galleries. Highlights included Cindy Sherman’s new photographs at Hauser & Wirth (many sold on preview day, with Leonardo DiCaprio visiting), the Focus section curated by Lumi Tan and sponsored by Stone Island, and the Frame section where Diedrick Brackens’ woven works were acquired by the Brooklyn Museum. Frieze Sculpture at Rockefeller Center, curated by Brett Littman, showcased 14 international artists including Nick Cave and Hank Willis Thomas. Mapuche artist Seba Calfuqueo won the Focus Stand Prize for hair-centered works exploring feminism and indigenous heritage.