The 20 Most Expensive Artworks Hitting the Auction Block This Season

The May 2026 New York auctions at Christie’s, Sotheby’s, and Phillips will feature 20 high-value lots priced at $30 million or more, including works by Andy Warhol, Jasper Johns, Pablo Picasso, Piet Mondrian, Jackson Pollock, Willem de Kooning, Cy Twombly, Gerhard Richter, and others. The sales are staggered around the Venice Biennale and Frieze New York, with Sotheby’s holding its contemporary evening auction on May 14 and Christie’s its 20th-century sale on May 18. Notable consignments come from the estates of S.I. Newhouse, former MoMA board president Agnes Gund, and dealer Marian Goodman.

yasmina reza art play putting a higher price on it 1234751691

The article examines the revival of Yasmina Reza's play "Art" on Broadway, which centers on three men arguing over a seemingly blank canvas purchased for a high price. The new production updates the painting's cost from 200,000 francs (about $60,000) to $300,000, reflecting today's inflated art market. The play's themes of aesthetics versus market value resonate with current debates about speculative hype and irrational pricing in contemporary art.

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Artnet News's Wet Paint column announces Brian Belott's upcoming exhibition "Upside Down Zebra" at the Watermill Center in Water Mill, Hamptons, opening next week. The show features over 400 artworks made by children under age 6, including offspring of Willem de Kooning and Henry Miller, alongside 40 response pieces by contemporary artists like Robert Nava, Chris Martin, Darren Bader, Katherine Bernhardt, Carroll Dunham, and Christopher Wool. Belott draws from the archive of educator and psychologist Rhoda Kellogg, who collected over two million children's drawings, organizing works by her 20 types of scribbles.

This month’s blockbuster auctions in New York could bring upwards of $2.5bn

This month's May auctions in New York are projected to generate between $1.8 billion and $2.6 billion across Christie’s, Sotheby’s, Phillips, and Bonhams. Major highlights include the estates of legendary dealers Marian Goodman and Robert Mnuchin, with top lots such as Gerhard Richter's *Kerze (Candle)* (est. $35m–$50m) at Christie's and Mark Rothko's *Brown and Blacks in Reds* (est. $70m–$100m) at Sotheby's. Additional offerings include works from the late S.I. Newhouse collection, featuring Jackson Pollock's *Number 7A* and Constantin Brâncuși's *Danaïde*, each estimated at $100m, as well as pieces from the collections of Agnes Gund and Marilyn Arison.

here are 11 must see gallery shows this armory art week 2529767

Artnet News highlights 11 must-see gallery shows during Armory Art Week in New York City, running from September 5 to October 26, 2024. Featured exhibitions include Gina Beavers' 'Divine Consumer' at Marianne Boesky Gallery, where she presents semi-sculptural relief paintings inspired by internet blankets and towels; Jenny Holzer's 'Words' at Sprüth Magers, showcasing her text-based works from the 1980s to present, including a new AI-generated LED installation; 'Radical Artists of the 1960s/1970s: Between Geometry and Gesture' at David Nolan, featuring works by Barry Le Va, Bruce Nauman, and others; and Stephen Thorpe's 'Dream House' at Dimin, with oil paintings of interiors merging into dreamlike landscapes.

A Joan Mitchell diptych and a rare stack by Donald Judd: our pick of the May auctions

The Art Newspaper highlights five major lots from New York's May 2025 auctions. Phillips offers Joan Mitchell's diptych 'Plain' (1989), estimated at $5-7 million, from the collection of late Miami art patron Tina Hills. Christie's presents Donald Judd's rare copper and red Plexiglas 'Untitled (Stack)' (1969), estimated at $10-15 million, from the Minimalist collection of the late Henry S. McNeil Jr. Sotheby's leads with Jean-Michel Basquiat's 'Museum Security (Broadway Meltdown)' (1983), estimated above $45 million, and Mark Rothko's 'Brown and Blacks in Reds' (1957), estimated at $70-100 million from the collection of late dealer Robert Mnuchin.

onassis onx opens in tribeca 1234761127

The Onassis Foundation’s experimental art and tech studio, Onassis ONX, is relocating to a larger 6,000-square-foot space in Manhattan’s Tribeca neighborhood, doubling its size. The new facility at 390 Broadway will open in January with the multimedia exhibition “TECHNE: Homecoming,” featuring works by artists such as Andrew Thomas Huang, Tamiko Thiel, and Sister Sylvester. The space includes advanced production facilities like a motion-capture stage, a three-wall projection room, an expanded sound studio, and enhanced AI and generative media infrastructure.

A major Jean-Michel Basquiat painting is expected to sell for more than $5 million in May.

A major Jean-Michel Basquiat painting is expected to sell for more than $5 million in May.

A major painting by Jean-Michel Basquiat, titled *Portrait of the Artist as a Young Derelict*, will be auctioned at Christie’s in New York this May. The 1982 work is a prime example of the artist's raw, graffiti-infused style and is expected to fetch over $5 million. This sale is part of Christie’s marquee spring auctions, highlighting continued strong market demand for blue-chip contemporary art.

frieze los angeles 2026 exhibitor list 1234762548

Frieze Los Angeles has announced its 2026 exhibitor list, featuring 95 galleries from 22 countries at the Santa Monica Airport, running from February 26 to March 1. The lineup includes blue-chip names like Gagosian, Hauser & Wirth, and David Zwirner, alongside local staples such as Commonwealth & Council and David Kordansky Gallery. First-time participants include El Apartamento, Bradley Ertaskiran, and Sprüth Magers returns after a hiatus. The Focus section, curated by Essence Harden, highlights galleries under 12 years old. Notable absentees include Marian Goodman Gallery, Bortolami, and Sean Kelly, while five galleries that participated in 2025 have since closed. The fair follows a challenging 2025 edition impacted by LA wildfires, which prompted withdrawals and a charity initiative.

A $35 M. Warhol, a $45 M. Basquiat, and More: Who’s Selling The Top Works in the May Sales?

The article reports on the upcoming May marquee sales at Christie’s and Sotheby’s, detailing high-value consignments from major collections. Christie’s will offer works from the estates of S. I. Newhouse (including a Brâncuși sculpture and a Jackson Pollock painting, each estimated at $100 million), former MoMA board president Agnes Gund (a Rothko estimated at $80 million), and the late dealer Marian Goodman (a Gerhard Richter estimated at $50 million). Sotheby’s counters with a Rothko from the collection of the late Robert Mnuchin (estimated at $100 million) and works from David and Shoshanna Wingate, including a Giacometti sculpture. The article also reveals previously unnamed consignors for top lots, such as collector John Sayegh-Belchatowski for a $45 million Basquiat and the Moore family for an Elizabeth Peyton painting.

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Jean-Michel Basquiat’s monumental 1983 painting, 'Museum Security (Broadway Meltdown)', is set to headline Sotheby’s marquee contemporary evening auction this May with an estimate of $45 million. The seven-foot canvas was created during the artist's pivotal year in Los Angeles and features his signature blend of text and symbols, including wry commentaries on the institutionalization and commercial value of art. The work previously sold at Christie’s in 2013 for $14.5 million.

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Sotheby’s May Auctions: Rothko’s $100M Masterpiece Headlines

Sotheby's is holding its most ambitious May auction series in New York, headlined by Mark Rothko's monumental painting *Brown and Blacks in Reds* (1957), estimated at $70–100 million. The sales include a dedicated auction for the collection of legendary dealer and collector Robert Mnuchin, valued at over $130 million, featuring works by Rothko, Franz Kline, and Jeff Koons. Other highlights include Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* (1983), estimated at over $45 million, and Willem de Kooning's *Untitled III* (1975), making its auction debut with a $25–35 million estimate. The series spans Modern and Contemporary art, with additional works by Pablo Picasso and Vincent van Gogh.

Andrew Lloyd Webber Is Writing a Musical About the Heist that Made ‘Mona Lisa’ Famous

Renowned composer Andrew Lloyd Webber has announced he is developing a new musical centered on the 1911 theft of Leonardo da Vinci’s Mona Lisa. The production will dramatize the true story of Vincenzo Peruggia, a Louvre employee who stole the masterpiece and hid it for two years before it was recovered in Italy. Lloyd Webber revealed the project following the Broadway opening of Cats: The Jellicle Ball, noting that he is beginning the writing process immediately.

Andy Warhol’s Former Studio Building Now Home to New Uniqlo Union Square Store

The former New York City studio building of Andy Warhol, known as The Factory, will now house a Uniqlo store. The Japanese fast-fashion brand is opening its seventh New York location on the ground floor of 860 Broadway, the same building where Warhol worked from 1974 to 1984. The brand is leveraging the site's artistic history by selling exclusive merchandise featuring Warhol's imagery to promote the opening.

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Roberta Smith, the former New York Times co-chief art critic, interviews Larry Gagosian, the world's most famous art dealer, for Numero magazine. The conversation covers Gagosian's hands-on management of his 18 galleries, his admission of mistakes in closing locations in San Francisco and Geneva, and his view of his galleries as tryout spaces akin to off-Broadway. Gagosian shares anecdotes about his first Picasso purchase at Sotheby's for $900,000 (now worth $40 million), his early shows featuring David Salle and Warhol's Oxidation paintings, and his regret over selling Eli Broad's Basquiat skull painting for $80,000. Smith recalls attending Gagosian's first New York show in the 1970s, and the two reflect on their long, distant acquaintance.

How New York City Shaped Harry Winston’s Dazzling Legacy

The luxury jeweler Harry Winston continues to expand its 'New York' collection, a high-jewelry suite first launched in 2018 that pays homage to the founder's birthplace and the city's architectural landmarks. The collection translates iconic New York City motifs—including the hand-carved facades of Upper West Side brownstones, the neon glow of the Broadway theater district, and the neo-Gothic spires of St. Patrick’s Cathedral—into intricate diamond and gemstone arrangements.

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Todd von Ammon, a young gallerist, critiques the contemporary art market's over-reliance on art fairs and the homogenization of gallery spaces into a sterile, grid-like system. He contrasts this with the lost charm of discovering hidden, architecturally unique galleries in labyrinthine neighborhoods, which he argues fosters a sense of urban belonging and agency for collectors and art workers. The article traces the shift from the rabbit warrens of SoHo to the dense Chelsea gallery district and the rise of the modern art fair, epitomized by Art Basel's expansion to Miami Beach in 2002, which he likens to a pyramid scheme that burdens young galleries with high costs for minimal returns.

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A major retrospective of Art Deco painter Tamara de Lempicka (1898–1980) has opened at the de Young Museum in San Francisco, featuring over 120 works including iconic portraits, lesser-known drawings, and early Cubist still lifes. Co-curated by Furio Rinaldi and Gioia Mori, the exhibition is the first comprehensive U.S. retrospective of the artist in over four decades, drawing passionate responses from audiences unfamiliar with her name as well as from connoisseurs discovering her draftsmanship.

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Christie’s London is auctioning Tamara de Lempicka’s 1928 painting *Portrait du Docteur Boucard*, which has not been seen on the market in 40 years. The work, depicting doctor and bacteriologist Pierre Boucard, is expected to sell for between £5 million and £8 million ($6.18 million and $9.89 million). The sale coincides with the close of Lempicka’s historic retrospective at San Francisco’s de Young Museum—the first U.S. survey of the Art Deco master—and ahead of its opening at the Museum of Fine Arts Houston.

art agosto machado obituary whitney

Agosto Machado, a legendary downtown New York artist, archivist, and activist, died on March 21, 2026, at an estimated age in his 80s. The article recounts his life through a personal tribute, describing a drag performance in Chicago honoring him, and details his decades-long career as a street queen, Warhol-era fixture, and participant in the Stonewall uprising and first Gay Liberation March. Machado performed in Off-Off-Broadway plays, created solo shows, and amassed an extensive archive of ephemera, art, and photographs of his friends and community.

art bunker artspace queer exhibition

The Bunker Artspace in Palm Beach, Florida, has opened "Beyond the Rainbow," a major exhibition of LGBTQ+ art curated by Laura Dvorkin and Maynard Monrow, along with 19 other artists, curators, gallerists, architects, and writers. The show draws from the collection of patron Beth Rudin DeWoody and features works by Catherine Opie, Andy Warhol, Nicole Eisenman, Lyle Ashton Harris, and others, running from December 7 through May 1, 2026. The exhibition was inspired by a visit to the Centre Pompidou's "Over the Rainbow" show in Paris.

Out and About: What's Happening in Philly

This article is a roundup of events happening in Philadelphia, including a Mother's Day Weekend visit to the Barnes Foundation, a live stage show of "Dancing with the Stars," the Night Market at East Market, and Broadway productions of "Chicago" and "The Wiz." It highlights the Barnes Foundation's collection of impressionist and modern art, along with its new exhibition "Freedom Dreams" on view through August 9.

Tefaf New York: determination in the face of Trump’s tariff chaos

Tefaf New York returns to the Park Avenue Armory with 91 exhibitors from four continents, presenting 7,000 years of art amid uncertainty caused by President Donald Trump's recently announced tariff regime. The fair's director, Leanne Jagtiani, sent a letter to exhibitors acknowledging the "significant impacts" on the industry, assuring them of close communication with shippers and legal advisers, and advocating for the exclusion of artworks from potential EU reciprocal tariffs. While artworks are understood to be exempt, antiques and contemporary works in unconventional materials may be subject to the new tariffs, creating confusion among dealers and collectors.

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Doyle Auctions will sell over 300 lots from the estate of television star Mary Tyler Moore, including memorabilia, contemporary art, and home furnishings. The auction runs in Beverly Hills from May 16 to 20 and in New York on June 4. Highlights include limestone sculptures by Mimmo Paladino, portraits by Peter Max and Al Hirschfeld, photographs by Annie Leibovitz, and jewelry by Paloma Picasso. Moore, who died in 2017, was a pioneering actress and philanthropist.

New York Gallery The Hole Sued Over Back Rent, Accused of Not Paying Artists and Workers

The Hole, a prominent New York-based contemporary art gallery, is facing multiple lawsuits and allegations of financial instability. Legal filings from landlords at both its Bowery and Tribeca locations indicate significant rent arrears totaling over $180,000, alongside unpaid real estate taxes. Founder Kathy Grayson confirmed the closure of the gallery’s Los Angeles outpost, attributing the crisis to a sharp decline in sales starting in late 2023 and a destabilizing period of rapid expansion.

Performa Is Bringing a Star-Studded Variety Show to Broadway

Performa, New York's biennial for performance art, is staging a one-night variety show on Broadway at Manhattan's Town Hall on June 10. The inaugural Performa All-Star Variety Show will feature artists including Barbara Kruger, Julio Torres, Marcel Dzama, Laurie Simmons, and Anne Imhoff, hosted by comedian Casey Jost. The 90-minute, 12-act event draws inspiration from 19th-century vaudeville and Futurist cabarets, offering a public spectacle outside the biennial's usual three-week format.

Louisiana reunites Basquiat's 'Heads' for the first time

The Louisiana Museum of Modern Art in Denmark is hosting "Headstrong," the first museum exhibition in Scandinavia dedicated to Jean-Michel Basquiat. The show reunites 49 works on paper created between 1981 and 1984 that focus on the artist's depiction of the head—works Basquiat originally kept for himself and which were only discovered after his death. The exhibition includes the record-breaking 1982 "Untitled" painting, which previously sold for $110.5 million.

New York Dealer Hal Bromm Can’t Remember His Last Art Fair. He Couldn’t Be Happier

Hal Bromm, a New York art dealer who opened his gallery in Tribeca decades before it became a gallery hub, is celebrating 50 years in the neighborhood. He opened in 1974, predating the wave of galleries that moved to Tribeca around 2013, and has remained at 90 West Broadway since 1977. To mark the milestone, he will present the exhibition “50: The View from Tribeca” on September 19 and publish a book, *New Art, Old Buildings: Stories from Hal Bromm’s Tribeca*. Bromm reflects on his early career, including introducing artists like Donald Judd, Alighiero Boetti, and Mario Merz to New York audiences, and his instinct-driven approach to selecting artists.

'HEAD STRETCH' at Andrew Kreps Gallery, 394 Broadway, New York, United States on 24 Apr–20 Jun 2026

Andrew Kreps Gallery in New York presents 'Head Stretch,' a group exhibition featuring Felipe Barsuglia, Allan Gandhi, Luciana Maas, Flora Rebollo, Gokula Stoffel, and Erika Verzutti. The show is rooted in a shared studio building in São Paulo called 'Predinho,' where friendships and creative exchanges among the artists led to the exhibition. The title reflects diverse interpretations: from craning to see another's work to the stretched proportions of figures in paintings, and the expansion of perspective through community. Works by the six artists, including paintings, sculptures, and drawings, are installed in ways that create new associations, with Verzutti inserting her own pieces to open them to fresh readings.