records fall during 706 million night at sothebys turbocharged by blue chip lauder trove 2714943

Sotheby's achieved a record-breaking $706 million auction night at its new global headquarters in the Breuer Building, New York, the highest total in the auction house's 281-year history. The sale was propelled by the collection of late art patron Leonard A. Lauder, whose 24 pieces sold for $527.5 million, led by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16) which fetched $236.4 million, becoming the second-priciest artwork ever sold at auction. A subsequent contemporary and ultra-contemporary art sale added $178.5 million.

flemish government eliminates m hka smak museum controversy 1234756101

The Flemish government has announced a plan to close the Museum of Contemporary Art Antwerp (M HKA), Belgium's oldest contemporary art museum, and transfer its collection of around 8,000 objects to the S.M.A.K. in Ghent, which will be rebranded as the Flemish Museum of Contemporary and Current Art by 2028. The decision, part of a broader reform of Flanders' museum landscape, has sparked outrage: M HKA's board chairman Herman De Bode resigned, and staff published an open letter and launched a petition that gathered over 2,600 signatures, accusing the government of acting without transparency or consultation.

Shreg the green ogre, a grey obsessive and Vermeer’s boiled egg – the week in art

This week's art roundup from The Guardian highlights a range of exhibitions across the UK, including Bruce Asbestos's 'Bootleg Shreg 2' at Exeter Phoenix Gallery, a playful show featuring a green ogre that parodies copyright rules. Other notable shows include Roy Oxlade's primitive paintings at Alison Jacques, May Morris's craft legacy at Lady Lever Art Gallery, a 30-year anniversary group show at Timothy Taylor, and Alan Charlton's monochrome grey works at Annely Juda Fine Art. The article also features an image of a naturally sculpted rock on Kangaroo Island, a review of the Turner Prize nominees, and a masterwork analysis of Vermeer's 'The Guitar Player' at Kenwood House, which was stolen in the 1970s and recovered with the help of a clairvoyant.

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Sotheby's held its inaugural evening sale at the Breuer building, featuring the Contemporary and the Now sale. Auctioneer Oliver Barker achieved $527.5 million in sales, surpassing the pre-sale low estimate of $379 million. The highlight was Gustav Klimt's portrait of Elisabeth Lederer, which sold for $236.4 million, setting an auction record for Klimt and becoming the second most expensive work ever sold at auction. During the sale, auctioneer Phyllis Kao wore a David Webb necklace from the mid-1980s, featuring carved emeralds, rubies, and cabochon sapphires, which was on view and available for private sale at Sotheby's retail salon in the Breuer lobby.

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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.

sothebys lauder now contemporary sales report klimt record 1234762267

Sotheby's held a marathon double sale at its new Breuer Building location, selling Gustav Klimt's portrait of Elisabeth Lederer for $236.4 million—the second highest price ever paid for an artwork at auction. The evening featured works from the collection of the late cosmetics heir Leonard Lauder, totaling $527.5 million, far exceeding its low estimate. The subsequent "Contemporary and the Now" sale brought in $178.5 million, with a Jean-Michel Basquiat painting selling for $48.3 million. Overall, the night generated $706 million, with multiple auction records set for artists including Cecily Brown, Antonio Obá, Yu Nishimura, Jess, and Noah Davis.

art basel paris vip preview sales report 1234758480

Art Basel Paris opened its VIP preview on Wednesday, following a new invite-only preview called Avant Première on Tuesday. Major galleries reported strong sales, including Hauser & Wirth's $23 million Gerhard Richter abstract, the highest reported sale at the fair. Other notable sales included Julie Mehretu's $11.5 million painting at White Cube, a $4.7 million Bruce Nauman neon at Hauser & Wirth, and a $2.5 million Marlene Dumas painting at David Zwirner. Dealers noted that the staggered two-day opening helped spread out crowds and allowed collectors to return for the official VIP day, with many describing the fair as the most successful edition in Paris to date.

Here’s What LACMA’s Lavish New Building Looks Like

The Los Angeles County Museum of Art (LACMA) has finally unveiled its new flagship building, the David Geffen Galleries, designed by Pritzker Prize-winning Swiss architect Peter Zumthor. The concrete-and-glass structure famously straddles Wilshire Boulevard, featuring a continuous glass facade that offers panoramic views of the Los Angeles landscape and newly installed outdoor sculptures. Inside, the layout encourages a non-linear experience, moving visitors through varying light conditions and diverse gallery sizes that house a mix of contemporary and classical works.

worst artworks we saw around the world in 2022 2219621

Artnet News editors compiled a list of the worst artworks they encountered in 2022, including a chaotic performance by Poncili Creación at NADA Miami, an overproduced Danish Pavilion installation by Uffe Isolotto at the Venice Biennale, and a Paul Cézanne painting at the Barnes Foundation that disappointed a critic. The article offers subjective, critical takes on these works, describing the NADA performance as bizarre and jolting, the Danish pavilion as graphic and lacking a powerful message, and the Cézanne as a disappointment within an otherwise memorable museum visit.

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ArtTactic's year-end report reveals that the global art auction market rebounded to $4.55 billion in 2025, an 11.1% increase from 2024. Sotheby's saw a 17% sales jump and Christie's a nearly 7% rise. Historic single-owner sales, including estates of Leonard Lauder, Cindy and Jay Pritzker, and Pauline Karpidas, drove recovery with $884.9 million in total. Old Masters, Impressionist, and modern art surged 42.3% year-on-year, while contemporary and post-war art lagged. The trophy market (works over $10 million) grew 19.4% to $1.48 billion, led by Impressionist art up 80.4% to $1.04 billion, fueled by three Gustav Klimt canvases from the Lauder collection.

The Art Insider's Guide To Frieze London

Sophia Penske, founder of Penske Projects and art advisor at Gagosian Art Advisory, presents an insider guide to Frieze London week (October 13, 2025). The article highlights key gallery exhibitions including Ed Ruscha's new linen paintings at Gagosian Davies Street, El Anatsui's wooden sculptures at Goodman Gallery, Danielle Fretwell's still lifes at Alice Amati, Victor Man's dreamlike works at David Zwirner, Danny Fox's colorful paintings at Hannah Barry, and Lenz Geerk's portraits at Massimo De Carlo. It also previews museum shows like Kerry James Marshall's "The Histories" at the Royal Academy of Arts and mentions satellite fairs and auction previews.

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The Flemish government's plan to dissolve M HKA, a contemporary art institution in Antwerp, has been met with legal opposition after the museum initiated a legal review that claims the move would be illegal. The review, presented to the press on Tuesday with artists Luc Tuymans and Otobong Nkanga in attendance, argues that the government's proposal—which would close M HKA, transfer its collection to Ghent, and rebrand S.M.A.K. as the Flemish Museum of Contemporary and Current Art by 2028—contains "flagrant illegalities." The plan has drawn widespread condemnation from museum directors and artists, including Anish Kapoor, who demanded the removal of his work from M HKA's website.

50 million picasso in paris industry moves october 22 2025 1234758473

The ARTnews article reports on several major art market moves as of October 22, 2025. Highlights include Nahmad Contemporary offering a $50 million Picasso at Art Basel Paris, likely the 1941 work 'Femme au corsage bleu (Dora Maar)'; Gagosian Gallery now representing the estate of Richard Diebenkorn with a November exhibition; Alison Jacques Gallery joining Tina Kim and Silverlens to represent the Pacita Abad Estate; Gladstone Gallery taking on Celia Paul in New York; and Freeman's | Hindman expanding its trusts and estates team across the US. The piece also notes Rodder's inaugural show for Wyatt Kahn and Kaufmann Repetto adding Bice Lazzari to its roster.

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SBI Art Auction is set to host a major two-day auction event in Tokyo this March, coinciding with Art Fair Tokyo. The first sale, "Modern Legacy," features a prestigious single-owner Japanese collection including masterpieces by Léonard Tsuguharu Foujita, Edvard Munch, and Egon Schiele. The second sale, "Bloom Now," focuses on contemporary and Pop art, highlighting works by Roy Lichtenstein and Takeda Teppei, with the combined events carrying a low estimate of JPY 1.25 billion ($7.9 million).

The Asian Market Carries Art Basel Hong Kong

Le marché asiatique porte Art Basel Hong Kong

Art Basel Hong Kong 2026 concluded with strong attendance and significant sales, demonstrating the fair's central role in the Asian art market. The event attracted over 91,000 visitors and featured 240 galleries, with a strong presence from the Asia-Pacific region, Europe, and the United States. Major international galleries like Gagosian, Hauser & Wirth, and David Zwirner reported multimillion-dollar sales of works by artists such as Louise Bourgeois, Liu Ye, and Marlene Dumas, alongside notable transactions for works by Tracey Emin and Antony Gormley.

Artists Set Islamic Futurism Into Motion

A growing movement of artists is exploring Islamic Futurism, a framework that draws from Islamic philosophy, visual traditions, and speculative practices to imagine Muslim futures. Artists like Zarah Hussain, Ibrahim El-Salahi, and Soraya Syed are working across mediums—including light installation, digital animation, painting, and classical calligraphy—to reinterpret historical forms for contemporary and future contexts.

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New York's marquee auction week delivered strong results, with Sotheby's and Christie's posting combined sales of nearly $2 billion. Sotheby's achieved a record $706 million evening at its new Breuer Building headquarters, driven by the Leonard Lauder estate sale, while Christie's $690 million 20th-century sale was up 41.9% from last November. Gustav Klimt's *Portrait of Elisabeth Lederer* sold for $236.4 million, setting a new auction record for the artist and becoming the most expensive Modern artwork ever sold at auction. Frida Kahlo's *El Sueño (La Cama)* fetched $54.7 million, a record for a work by a woman artist at auction.

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Abu Dhabi Art returns in 2025 with 142 galleries from 34 countries, introducing two new Focus sectors: Focus: Nigeria Spotlight and Focus: Modern Türkiye. The Nigeria section, curated by Tola Akerele, features seven galleries including kò, SOTO Gallery, and O’DA Gallery, showcasing artists like Samuel Nnorom, Bara Sketchbook, and Rufus Ogundele. Focus: Modern Türkiye, curated by Doris Benhalegua Karako, presents modern masters such as Fahrelnissa Zeid, Burhan Doğançay, and Gülsün Karamustafa through Istanbul-based galleries including DG Art Gallery and Projects, Art on Istanbul Gallery, and BüroSarıgedik.

Ghosts, nudes and lesbian pageant queens: highlights from NYC’s Photography Show – in pictures

Aipad: The Photography Show is taking place at the Park Avenue Armory in New York from April 22-26, 2026, featuring works from over 70 galleries. The exhibition highlights include Bill Brandt's 1952 nude, Rania Matar's portrait of a young woman in Lebanon, and Zanele Muholi's 2009 portrait of a lesbian pageant queen, alongside works by Tania Franco Klein, Ruth Thorne-Thomsen, and others that explore themes of identity, anxiety, and alternative realities.

The must-see lots from Contemporary New York

Christie's is promoting its upcoming Contemporary New York auction series, highlighting key lots from the sale. Specialists from the auction house provide commentary on featured works by artists including Josef Albers, Julie Mehretu, William Edmondson, Maria Pergay, Jeff Koons, and Cy Twombly, detailing their artistic significance and notable provenance.

Art exhibitions to kickstart your cultural calendar in 2026

A roundup of art exhibitions opening in India during January-February 2026, curated to help readers plan their cultural calendar. Featured shows include 'Signs of Life' by Kunel Gaur at Method-Delhi, 'Chhoti Baatein, Bade Sapne' by Rajesh Ram at Palette Art Gallery, 'Zameen' at the Birla Academy of Art and Culture in Kolkata, and three exhibitions by Emami Art at the Kolkata Centre for Creativity, covering themes from identity and ecology to printmaking and regional artistic lineages.

Where To See Art In London In The Evenings

This article from Londonist provides a guide to regular late-night openings at London art galleries, focusing on venues that stay open until at least 7pm on specific weeknights without special events. It lists the ICA (open Tuesday-Sunday until 11pm), South London Gallery (open until 9pm on Wednesdays), Wellcome Collection (open until 8pm on Thursdays), Whitechapel Gallery (open until 9pm on Thursdays with free entry), and the National Portrait Gallery (open late on Fridays). The guide emphasizes quiet, after-hours access for people with nine-to-five jobs who find it hard to visit during standard hours.

10 Art Shows to See in Los Angeles This November

This article highlights ten art shows to see in Los Angeles this November, featuring a diverse range of exhibitions. Key shows include Kathleen Ryan's bejeweled rotten fruit, Puppies Puppies's homage to freedom flags, and TJ Shin's bird songs. Historical perspectives are offered through a survey of prints by Robert Rauschenberg at Gemini G.E.L., rarely seen works by Mexican muralist Alfredo Ramos Martínez at Scripps College, and a tribute to the Brockman Gallery at the Vincent Price Art Museum. The two-venue exhibition 'Monuments' investigates how art reflects national narratives, while Puppies Puppies's dual shows use color and text to address contemporary liberation struggles.

sothebys leonard lauder contemporary by the numbers 2715607

Sotheby's held a marathon evening sale in New York on Tuesday night, achieving $706 million in total sales—the highest single-evening total in the auction house's history. The standout was the collection of Leonard A. Lauder, which alone brought $527.5 million, led by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914-16) that sold for $236.4 million after a 20-minute bidding war. A second sale of contemporary and ultra-contemporary works added $178.5 million, with Jean-Michel Basquiat's *Crowns (Peso Neto)* (1981) topping that session at $48.3 million. Notably, no lots were withdrawn across both sales, and Asian collectors drove bidding on many high-value lots. Maurizio Cattelan's gold toilet *America* (2016) sold for $12.1 million, drawing only one bid.

In Kyoung Chun: Make Room

The Halsey Institute of Contemporary Art at the College of Charleston is presenting "Make Room," a solo exhibition by South Korean-born, Atlanta-based artist In Kyoung Chun. The show features a mix of paintings and site-specific installations, including transparent houses and suspended structures that explore the artist's experience as an immigrant. By blurring the lines between interior and exterior spaces, Chun’s work invites viewers into environments that reflect on the fragility and resilience of home.

Tanka Fonta wins 2026 Wi Di Mimba Wi Prize

Cameroon-born artist and polymath Tanka Fonta has been named the recipient of the 2026 Wi Di Mimba Wi Prize. Awarded by SAVVY Contemporary and the AKB Stiftung, the prize includes a €30,000 grant, production funds for a new commission, and dedicated curatorial support. Fonta, whose multidisciplinary practice spans visual art, composition, and philosophy, was selected from a shortlist of five Germany-based artists by a jury of prominent curators and academics.

Blockbuster Frida Kahlo exhibit and 8 more new Houston art openings

The Museum of Fine Arts, Houston unveils a monumental Frida Kahlo exhibition, alongside eight other new art openings across Houston museums and galleries. Shows include Cynthia Isakson's "Anachronous" at Holocaust Museum Houston, "norMAL and unreMARKable" at Throughline, "The Uncanny In-Between" at Blaffer Art Museum, "End Cash Bail" at Lawndale Art Center, and "Magic Mirrors" at Art League Houston, among others, spanning photography, ceramics, multimedia, and social justice themes.

Jenny Saville to present unseen Venice-inspired works to coincide with 61st Biennale

Jenny Saville will present previously unseen works in Venice next year as part of a major exhibition at the International Gallery of Modern Art at Ca’ Pesaro, running from 28 March to 22 November 2026. The show will feature around 30 works from the last 30 years, including a new cycle created in homage to the lagoon city, and coincides with the 61st Venice Biennale (9 May-22 November 2026). The exhibition draws from private and public collections, placing Saville's monumental canvases in dialogue with the great painters of Venice's artistic heritage.

Gustav Klimt portrait sells for about R4 billion, breaking modern-art auction records

Gustav Klimt's portrait "Portrait of Elisabeth Lederer" (1914–1916) sold for $236.4 million (about R4 billion) at a Sotheby's auction in New York, becoming the most expensive modern artwork ever sold at auction and the second most expensive painting in history, behind only Leonardo da Vinci's "Salvator Mundi." The sale, which featured works from the estate of billionaire collector Leonard Lauder, unfolded in a tense 20-minute bidding war among six collectors. The painting had been hidden from public view since the 1980s. The same auction also saw Maurizio Cattelan's 18-karat gold toilet "America" sell for over $12 million.

A Jean-Michel Basquiat Rarity And Banksy's Spray-Painted Flag Head To Frieze London 2025

Frieze London 2025 returns for its 23rd edition from October 15-19 in Regent's Park, featuring over 280 international galleries. Major auction houses are staging blockbuster sales during the week, including Sotheby's evening and day sales in partnership with Celine, Christie's 20th/21st Century Evening Sale and a trilogy of drawings from the Klaus Hegeswich collection, and Phillips' Modern & Contemporary sales. Highlights include a Jean-Michel Basquiat rarity, Banksy's spray-painted flag, a Francis Bacon portrait, a Picasso etching, and a Lucian Freud self-portrait estimated at up to $16 million.