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kenny schachter new york fair auction recap 2648049

Kenny Schachter's article for Artnet News draws a parallel between President Jimmy Carter's 1977 energy-crisis plea to lower thermostats and the current art-market response to Trump-era tariff turmoil. He reports that the spring 2025 auction cycle generated $1.25 billion, continuing a decade-long decline from the 2014 peak, with bidders spending less and big-ticket sellers stuck. Schachter also promotes his own no-reserve auction, "Hoarder #6," scheduled for July 8–17 at Phillips, and critiques Trump's economic policies and crypto ventures, name-dropping Justin Sun as a major holder of $Trump tokens.

Pharrell Williams’s auction platform Joopiter teamed with Martha Stewart for first contemporary art sale

Pharrell Williams's auction platform Joopiter has partnered with Martha Stewart for its first contemporary art sale, titled 'The Contemporary Take,' running through May 6. The 48-lot sale features works by blue-chip artists including George Condo, Jeff Koons, and Ed Ruscha, alongside emerging names like Tschabalala Self and Toyin Ojih Odutola. Stewart personally selected six lots, highlighting pieces by Amy Sherald, Damien Hirst, Ai Weiwei, Louise Bourgeois, Roy Lichtenstein, and Alex Katz. Estimates range from $4,000 to $1.2 million, and early bidding has been active, with works by Amy Sherald and Roy Lichtenstein drawing significant attention.

Martha Stewart Curates JOOPITER’s Art Debut

JOOPITER, the auction platform founded to rethink collecting for a digital generation, will launch its first dedicated contemporary art sale this spring. Titled "The Contemporary Take," the online auction runs from April 28 through May 6, 2025, and is curated in collaboration with Martha Stewart. The sale features nearly fifty works by established and emerging artists, including Alex Katz, Jeff Koons, Amy Sherald, George Condo, Esther Mahlangu, Lynette Yiadom-Boakye, Ai Weiwei, and Damien Hirst, selected to reflect the renewal and vibrancy of the season. The auction also marks the debut of late Iranian-American artist Davood Roostaei.