epstein files art deals loans llcs

Thousands of documents released by the U.S. Department of Justice reveal that convicted sex offender Jeffrey Epstein was the hidden architect behind billionaire Leon Black's multi-billion dollar art investment and financial strategy from 2012 to 2017. Epstein managed Black's vast collection, valued at $2.7 billion in 2016, setting up LLCs, negotiating loans and commissions with major auction houses and galleries, and deploying the art for tax and estate planning.

centennial market analysis joan mitchell

A centennial market analysis of Joan Mitchell reveals that an untitled 1979 abstract work by the artist was the most expensive artwork on offer at Art Basel Miami Beach, priced at $18.5 million by Gray gallery. The article examines Mitchell's auction performance, noting that her record stands at $29.2 million set in 2023, and that three paintings have sold for over $20 million since then. Despite these strong results, her auction highs still trail behind male Abstract Expressionist contemporaries like Jackson Pollock and Mark Rothko.

kenny schachter column larry g michael werner gallery

Kenny Schachter's column reports on the fallout at Michael Werner Gallery following the departure of star artist Peter Doig. Co-owner Gordon VeneKlasen is accused of expensing luxury items—including private jets, Hamptons helicopter rides, and even a solo helicopter trip for his Labrador Retriever—while the gallery faced financial strain. The partnership is dissolving, with VeneKlasen moving to Los Angeles to open his own gallery and listing his West Village home for $20 million. Meanwhile, Schachter also notes Pace Gallery's financial troubles, with founder Arne Glimcher stepping in to stabilize operations.

consignors november 2025 new york sales christies sothebys

As the fall auction season returns to New York, Christie’s and Sotheby’s are preparing for evening sales amid an uneven art market. The article reveals key consignors behind major lots, including a Frida Kahlo painting from 1931, estimated at $6–8 million, owned by Miami-based Francisco and Fiorella Pérez Díaz, and three French Post-Impressionist works from the collection of the late Argentine patron Nelly Arrieta de Blaquier. The market context includes underwhelming results at Art Basel in Switzerland but strong attendance at Frieze London and Art Basel Paris, with collectors showing willingness to spend only on exceptional, well-priced works.

artnet auctions premier prints and multiples

Artnet Auctions has launched its Premier Prints and Multiples sale, live for bidding through April 10, 2025. The sale features important works by artists including Keith Haring, Roy Lichtenstein, Andy Warhol, and Barbara Kruger, with estimates ranging from $7,000 to $70,000. The article highlights the often-overlooked relationships between artists and the printers and publishers who bring their visions to life, using examples such as Peter Blake's collaboration with publisher Paul Stolper on the portfolio "An Alphabet" (2007) and Barbara Kruger's work "Savoir c'est pouvoir" (1989) printed by Derriere L'Etoile Studios.

forget blue chip art its a red chip art world now

The article introduces and defines the concept of "red-chip art," a new category of art collecting that rejects traditional art-historical reverence in favor of aesthetics rooted in street art, graffiti, super-flat cartoons, multi-colored chrome, and crypto culture. It describes red-chip collectors as mysteriously affluent millennials, techies, hip-hop visionaries, and crypto aspirants who gravitate toward artworks that resemble toys, limited-edition dolls, NFTs, and memecoins, often consumed at venues like the Eden Fine Art gallery at the Wynn in Las Vegas or parties during Art Basel Miami Beach. Key artists associated with this movement include KAWS, George Condo, Virgil Abloh, Tom Sachs, Alex Israel, Damien Hirst, Harmony Korine, Yoshitomo Nara, and Banksy, with Jeff Koons and Takashi Murakami seen as transitional "purple chip" figures.

state of play asia art world news may 22

This edition of State of Play, part of Artnet Pro's Asia Pivot newsletter, reports on recent developments across Asia's art world. Taipei Dangdai Art and Ideas and Art Busan both concluded with slower sales and reduced attendance, citing economic and geopolitical uncertainty. Meanwhile, Art Basel announced a new fair in Doha for February 2026, and more Asian galleries are opening spaces in New York. In institutional news, philanthropist Yan Du is launching Yan Du Projects in London, the Simose Art Museum in Japan is hosting its first contemporary exhibition, and the Smithsonian's National Museum of Asian Art has repatriated looted Zidanku Silk Manuscripts to China.

Consignors Revealed: The Mystery Sellers Behind the $1.8 Billion May Auctions

Sotheby's kicked off the May auction season with a $433 million sale, including an 11-lot group from the estate of late dealer Bob Mnuchin, led by an $86 million Mark Rothko painting. The three major auction houses are offering $1.8 billion worth of art by low estimate, a 50% increase from last year, driven by consignments from estates of key figures like Mnuchin, philanthropist Agnes Gund, and dealer Marian Goodman. Christie's will stage a sale from publisher S.I. Newhouse's collection expected to bring $450 million, potentially setting records for Jackson Pollock and Constantin Brancusi. The article reveals that many top sellers are anonymous, but unmasked names include the Dennison family and French collector John Sayegh-Belchatowski.

Wet Paint Does Frieze Week: The Dinosaur Dealer Downtown, David Zwirner Tribeca, and More Juicy Art-World Gossip

Artnet News' gossip column 'Wet Paint' covers the opening week of Frieze New York, beginning with the group show 'Statics of an Egg' at David Zwirner's newly renamed Tribeca gallery (formerly 52 Walker). Curated by Martin Germann, the exhibition features Japanese artists gathered by Yu Nishimura and Kenji Ide, with Nishimura's painting 'in waiting' highlighted. The column also reports on a private party at the River art-world hangout and a visit to Amanita gallery for 'A Land Before Time: Three Dinosaurs and a Gondola,' which includes a John Chamberlain sculpture. Notable attendees include artists Sasha Gordon, Olivia van Kuiken, Calvin Marcus, and Josh Smith, as well as dealers Marlene Zwirner and Matthew Brown.

Process Is the Point at IFPDA Print Fair

The International Fine Prints and Drawings Association (IFPDA) Print Fair returned to New York’s Park Avenue Armory, featuring 80 global galleries, publishers, and print studios. The event showcased a diverse range of works, from 19th-century Japanese ukiyo-e masterworks by Hokusai to contemporary pieces by artists such as Kiki Smith, Julie Mehretu, and David Hockney. Notable highlights included Kiki Smith’s massive 12-foot watercolor "Wooden Moon" and Paula Rego’s influential abortion etchings, which were recently acquired by the Metropolitan Museum of Art.

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.

The story behind Iran’s only Van Gogh: ‘At Eternity’s Gate'

A rare, inscribed lithograph by Vincent van Gogh, 'At Eternity's Gate,' resides in the collection of the Tehran Museum of Contemporary Art. The work, one of only seven surviving examples, was acquired in 1975 by Farah Pahlavi, the wife of the Shah of Iran, for the museum. It passed through notable hands, including those of US Vice President Nelson Rockefeller, before arriving in Tehran just before the 1979 Iranian Revolution.

wet paint jim toth art sound

Gabi Vidal-Irizarry, a guest writer for Artnet News's Wet Paint gossip column, recounts attending an "Artist Party" at the Museum of Modern Art featuring Arthur Jafa. The column then pivots to a profile of Jim Toth, the audio engineer behind the distinctive white pyramid speakers ubiquitous at New York art world events, tracing his career from the city's legendary 1980s nightlife scene to becoming the preferred sound provider for museums and elite patrons.

times esther kim varet campaign wet paint

Lower Manhattan is getting a new nonprofit art space called Times (styled in lowercase), founded by Summer Guthery and Francesca Sonara. Located on the fourth floor of 151 Lafayette Street above the Museum of Chinese in America, the 3,000-square-foot venue will operate for only three years. Its inaugural exhibition, featuring Danish artist Nina Beier, opens February 21 with a display of melting Cornetto ice cream cones. The space will officially open February 12 with a performance by Latvian choreographer Jana Jacuka. Guthery, previously founding artistic director of Canal Projects, and Sonara, former director of communications at Minnesota Street Project, met as graduate students at Bard College's Center for Curatorial Studies.

annie armstrongs final dispatch farewell 2025 farewell wet paint

Annie Armstrong bids farewell to Artnet Pro's Wet Paint column after 198 editions, reflecting on her four-and-a-half-year tenure as the art world's gossip columnist. She recounts her first assignment at the 2021 Felix Art Fair in Los Angeles, where she nervously approached a group of art-world insiders, and describes the highs and lows of covering galas, parties, and scandals from Frieze Seoul to the Henry Street gallery scene.

who was andrew crispo

Artnet News reports that David Hockney's 1968 double portrait *Christopher Isherwood and Don Bachardy* sold for $44.3 million at Christie's on November 17, becoming the artist's third-most expensive work at auction. The painting had previously failed to sell at Sotheby's in 1985, bought in at $570,000. Artnet's reporting revealed that the Christie's catalogue omitted the name of Andrew Crispo, a once-prominent New York dealer, from the painting's provenance. The article details Crispo's meteoric rise from a troubled youth in Philadelphia to a savvy art dealer who championed American Modernism, his important clients including Baron Hans Heinrich Thyssen-Bornemisza, and his dramatic fall due to tax fraud, a prison sentence, and the IRS seizure of his inventory.

how top curators spot the artists of tomorrow

Artnet News spoke to seven leading curators about how they identify emerging artists who will become the next big names. The curators, including Amy Smith-Stewart of The Aldrich Contemporary Art Museum and iLiana Fokianaki of Kunsthalle Bern, describe their methods: seeking artists who address erased histories, geopolitical contexts, and marginalized perspectives. The article also references a recent debate sparked by Dean Kissick's polemic 'The Painted Protest' in Harper's, which criticized contemporary art for being overly dictated by identity politics, a view countered by curators who affirm their commitment to socially engaged work.

art basel party june social diary

ARTnews sent correspondents Daniel Cassady and George Nelson to cover the social scene at Art Basel, documenting their experiences across three nights of parties, dinners, and cocktail hours. Cassady's journey was marred by travel delays, but he eventually attended a dinner hosted by Thaddaeus Ropac at Safran Zunft, a garden party by Sean Kelly Gallery, and a late-night gathering organized by multiple galleries. Nelson arrived smoothly and joined Cassady for drinks, noting the challenges of street noise and cabbage smells near their Airbnb.

state of the art market old masters and neo old masters

Artnet News, in collaboration with Morgan Stanley, analyzed auction data from the Artnet Price Database to assess the state of the European Old Master market since 2018. The investigation explores how efforts to contemporize Old Masters—through juxtapositions at art fairs like TEFAF and Masterpiece London, and gallery shows such as David Zwirner's 'Endless Enigma'—have correlated with market trends for Contemporary and Ultra-Contemporary artists whose work is visibly influenced by classical European art. The report also examines the impact of living artists inspired by Old Masters, suggesting that restricting analysis to historical works alone may underestimate their ongoing influence on the art market.

Tefaf New York wishlist: a Tiffany window and an Egyptian goddess with a nose job

The article highlights three standout artworks being offered at Tefaf New York. A Tiffany Studios stained-glass window, "Birches and Irises" (around 1915), designed by Agnes Northrop, is priced at $1.25 million through Macklowe Gallery. An Egyptian goddess bust from 570-526 BC, rediscovered at a regional auction in England and later authenticated after scientific study, is offered for £1.5 million by David Aaron. A painting by Cecily Brown, "Functor Hideaway" (2008), is listed at $3.9 million by Berggruen Gallery, coinciding with her current exhibition at London's Serpentine Gallery.

The Met is Finally Treating Lee Krasner as Pollock’s Equal—Will the Market Follow?

The Metropolitan Museum of Art has announced a major upcoming exhibition titled "Krasner and Pollock: Past Continuous," which aims to present Lee Krasner and Jackson Pollock as artistic equals. While the museum's narrative seeks to reframe Krasner as a formidable figure of the New York School on her own terms, the art market continues to reflect a significant valuation gap. Pollock’s auction record stands at over $61 million, while Krasner’s peak public sale remains just under $12 million, highlighting the persistent commercial struggle for female Abstract Expressionists.

Paige Powell Didn’t Just Document Warhol’s Inner Circle. She Shaped It, Too

Paige Powell, a close confidante of Andy Warhol and former associate publisher of Interview magazine, is presenting a new exhibition of her photographs titled "Private Andy: Religious Services" at Jeffrey Deitch in Los Angeles. The show features intimate, often accidental images from 1986-87 that document Warhol's final days, including his volunteer work at a church and his funeral, revealing his spiritual side and the overlap of life and death.

cultural figures remember late frank gehry internationally renowned museum starchitect

Frank Gehry, the visionary architect behind iconic cultural landmarks such as the Guggenheim Museum Bilbao, Fondation Louis Vuitton in Paris, and Walt Disney Concert Hall in Los Angeles, died on December 5 at age 96. Over the weekend, art and architecture figures including artist Rob Pruitt, Serpentine Galleries artistic director Hans Ulrich Obrist, and leaders of institutions like the Guggenheim Bilbao, LACMA, and the J. Paul Getty Trust shared personal remembrances and tributes, highlighting his groundbreaking designs, enduring friendships, and profound influence.

david wojnarowicz mural rediscovered kentucky

In 1985, David Wojnarowicz and other New York artists traveled to Louisville, Kentucky, to create site-specific murals for a weeklong fundraiser benefiting the Kentucky Child Victims' Trust Fund. The murals were expected to be destroyed after the event, but in 2023, the Wojnarowicz Foundation discovered that Wojnarowicz's mural, titled 'The Missing Children Show' Mural, had survived behind a false wall. However, the work has since been covered again, leaving its fate uncertain.

these printers share stories of helping artists bring their visions to life

Artnet Auctions' Premier Prints and Multiples: Summer Edition sale, open for bidding through April 3, 2025, features iconic works on paper by artists such as Jonas Wood and Lynda Benglis. The article highlights the collaborative process between artists and printers, with firsthand accounts from Emmett Walsh of Ollin Editions and a publisher who worked with Lynda Benglis on a tapestry based on her painting *Rajesh in Rajasthan* (2012–2016). Walsh describes producing Wood's 112-color silkscreen *Kitchen Interior* (2022) over 20 months, while the other publisher recounts a three-year search for weavers to create Benglis's detailed rug.

Matisse Is a Crowd-Pleaser. Here’s What the Crowds Rarely Get to See

Acquavella Galleries in Manhattan has unveiled a major exhibition featuring over 50 works by Henri Matisse, many of which are rarely seen pieces drawn from private collections. This comprehensive survey includes paintings, drawings, and sculptures that span the artist's prolific career, offering a unique glimpse into works that typically remain behind closed doors.

The Box Shutters in Los Angeles After Nearly Two Decades

The Box, a pioneering Los Angeles gallery known for its nonprofit-style support of experimental and performance art, has announced its closure after nearly two decades. Founded in 2007 by Mara McCarthy, the gallery’s final exhibition featured late California painter Wally Hedrick, and a closing event will include a fashion show by Johanna Went. Mara McCarthy cited the shifting market for her father Paul McCarthy’s work and the loss of family homes in the Eaton Fire as factors behind the decision.

maurice sendak auction christies

Christie's will auction over 100 objects from Maurice Sendak's personal collection on June 10, 2025, at Rockefeller Center, with an online component from May 29 to June 10. The sale includes works by Dürer, Rembrandt, David Hockney, Pablo Picasso, George Stubbs, and William Blake, as well as rare editions of Blake's *Songs of Experience* (1794) and *Songs of Innocence* (1789), a vintage Mickey and Minnie Mouse tinplate toy, and 30 lots by Sendak himself, including a first-edition cover of *Where the Wild Things Are* (1963). Proceeds will support the Sendak Fellowship residency program at the Sendak Foundation in Ridgefield, Connecticut.

See Inside the Long-Lost Lee Miller and Cecil Beaton Album Full of WW2-Era Photographs

The Bodleian Libraries at the University of Oxford has acquired a rare photographic "daybook" compiled by Roland Haupt, a former darkroom assistant at British Vogue. Created between 1943 and 1949, the annotated scrapbook contains hundreds of original photographs and clippings by legendary photographers Lee Miller and Cecil Beaton. The acquisition, brokered by dealer Michael Hoppen, ensures that the album—which includes iconic images of Miller in Hitler’s bathtub and portraits of Picasso—remains intact as a singular historical record rather than being sold piecemeal at auction.

top 200 collectors 2025 issue editor letter

The editor's letter for the 2025 ARTnews Top 200 Collectors issue recounts a cinematic moment at Art Week Riyadh in Saudi Arabia, where a government-affiliated collector described their role as "everyone and no one," reflecting the behind-the-scenes, museum-focused art acquisitions under Vision 2030. The issue features a report by Melissa Gronlund on the Gulf art scene, noting that Saudi Arabia is prioritizing museums and noncommercial programming before an independent market can emerge, while private collectors and foundations are also gaining ground. The article also highlights the cooling art market in Europe and the US, with collector Christen Sveaas criticizing blue-chip galleries for over-commercial pricing strategies.