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.

The exhibitions to see in New York during Art Week 2026

Le mostre da vedere a New York durante l’Art Week 2026

The article highlights a selection of must-see exhibitions in New York during the 2026 Art Week, spanning major museums and galleries. At MoMA, three shows explore memory, identity, and artistic experimentation: Elizabeth Murray's retrospective on fragmented painting, Naufus Ramírez-Figueroa's works addressing Guatemala's civil war, and Arthur Jafa's curated connections across the museum's collection. The Whitney Museum presents the 82nd Whitney Biennial, featuring 56 artists questioning what it means to be 'American,' alongside an Andy Warhol exhibition of rarely seen polaroids from 1972-73. Hauser & Wirth debuts its first Carol Rama show, highlighting six decades of her experimental, anticonformist art.

The Top Collections Leading the May Marquee Auctions

The article reports that the May 2025 marquee auctions at Christie's and Sotheby's are being driven by a resurgence of major single-owner collections, reversing a period of trophy scarcity in the secondary market. Key collections include the $130 million Robert E. Mnuchin collection at Sotheby's, the personal collection of gallerist Marian Goodman at Christie's, and the S.I. Newhouse collection expected to generate around $450 million, featuring Jackson Pollock's 'Number 7A (1948)' and Constantin Brancusi's 'Danaïde (1913)'. The article notes that the ultra-high tier above $10 million rose 30% year-on-year, and single-owner collections in New York auctions totaled $730.9 million, an 89.9% increase from Q1 2025.

Who’s The Next Obsession? 12 European Collectors Reveal How They Discover New Talent

Cultured magazine asked 12 European collectors how they discover new talent, timed to the 61st Venice Biennale. Collectors like Nicole Saikalis Bay, Amélie du Chalard, Belma Gaudio, and Laurent Asscher share their personal approaches—ranging from emotional resonance and dialogue with existing works to long-term obsession with an artist before acquiring a piece. The responses reveal a diversity of methods, from instinct-driven buying to conceptual and technical evaluation.

Basquiat’s Former Dealer on the Making of an Art World Icon

Bruno Bischofberger, who served as Jean-Michel Basquiat's exclusive worldwide dealer from 1982 until the artist's death in 1988, reflects on Basquiat's life and legacy in an excerpt from the forthcoming book *Basquiat: The World of Jean-Michel*, published by Assouline. Bischofberger contrasts Basquiat's raw, politically charged approach with Andy Warhol's detached, commercial style, and recounts personal memories of Basquiat's visits to Switzerland, where he absorbed everything from visual art to folk art and design.

Exhibition | Daniel Crews-Chubb, 'Pareidolia' at MASSIMODECARLO Pièce Unique, Pièce Unique, Paris, France

MASSIMODECARLO Pièce Unique in Paris presents 'Pareidolia,' an exhibition of new paintings by London-based artist Daniel Crews-Chubb. The show explores the psychological phenomenon of pareidolia—the brain's tendency to see faces in random patterns—through heavily layered works created with hands, ink, oil, sand, and collage. Three paintings are featured: 'Immortal XXXVIII' and 'Immortal XXXIX' (2026), large-scale works drawing on cultural memory of ancient sculpture, and 'Mask XXIV' (2026), which tests the minimal cues needed for facial recognition. Crews-Chubb's process involves building up and tearing back surfaces over weeks, with charcoal lines added last to define emergent figures.