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sothebys lauder now contemporary sales report klimt record

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.

roy lichtenstein gagosian 2026 gallery exhibition

Gagosian Gallery will open a new exhibition of Roy Lichtenstein's work titled "Painting with Scattered Brushstrokes" in March 2026. The show, drawing exclusively from the Lichtenstein family collection, will feature paintings, sculpture, and works on paper from the 1970s and '80s, focusing on his recurring brushstroke motif. It coincides with a major retrospective at the Whitney Museum and follows a period of intense market activity for the artist's work.

paint drippings art industry news jul 14

This week's art industry news includes Art Basel appointing Egyptian artist Wael Shawky as artistic director of its first Middle East fair, Art Basel Qatar, running February 5–7, 2026. A new fair called Loading… debuts in Hudson, N.Y., during Upstate Art Weekend, while Vienna Contemporary names Abaseh Mirvali as artistic director. Bonhams offers material from Roy Lichtenstein's Hamptons home, and a legendary Le Birkin handbag sells for €8.5 million at Sotheby's Paris. Galleries see Hollis Taggart adding two artists, Adam Lindemann closing Venus Over Manhattan, and Berlin's Meyer Riegger and Paris's Galerie Jocelyn Wolff opening a joint Seoul gallery. Museums include the Zayed National Museum opening in Abu Dhabi, Shamim M. Momin named director of the Bronx Museum, and the Baltimore Museum of Art acquiring 150 new works. The Art Bridges Foundation and Crystal Bridges acquire 90 Indigenous artworks, and the Schirn Kunsthalle Frankfurt opens a temporary location. In legal news, DHS officials visited the National Museum of Puerto Rican Arts and Culture in Chicago.

five friends museum brandhorst rauschenberg

The Museum Brandhorst in Munich has opened "Five Friends," a major exhibition exploring the interconnected creative and personal relationships among John Cage, Merce Cunningham, Jasper Johns, Robert Rauschenberg, and Cy Twombly. Spanning 180 works from the late 1940s through the 1970s, the show includes paintings, sculptures, costumes, musical scores, photographs, and letters, beginning with Cage's silent composition 4'33" and Rauschenberg's White Painting. It is the first exhibition to bring these five figures together, drawing on loans from Cologne's Museum Ludwig and U.S. institutions, and coincides with the centenary of Rauschenberg's birth.

sothebys newly relocated to the breuer building reintroduces itself to new york

Sotheby's has relocated its New York headquarters to Marcel Breuer's iconic Brutalist building on Madison Avenue, formerly home to the Whitney Museum, the Met Breuer, and a Frick Collection outpost. After a renovation by Herzog & de Meuron that restored original gallery proportions and upgraded infrastructure, the auction house is inaugurating the space with a series of exhibitions featuring three major single-owner collections—Leonard A. Lauder, Cindy and Jay Pritzker, and Exquisite Corpus—estimated at over a billion dollars. Highlights include Gustav Klimts from the Lauder trove, a Van Gogh still life from the Pritzker collection, a Frida Kahlo painting expected to set a record for a woman artist, and a Basquiat work in the contemporary evening sale.

london summer auctions

London's summer auction season saw Sotheby's evening sale bring in $85.7 million, a significant drop from $105 million last year and a 70% decline from $280.1 million in 2015. Christie's opted out of an evening auction entirely, holding only a day sale that netted $12.7 million, while Phillips' combined sales totaled $17.6 million. Highlights included a Tamara de Lempicka painting selling for $10 million, a Jenny Saville drawing setting a new auction record at $2.11 million, and six works from the Dorothy and Roy Lichtenstein collection. The sales were described as 'sensible' by advisor Todd Levin, reflecting a cautious market post-Art Basel.

Sotheby’s Shatters Records at Its Breuer Debut as a $236.4M Klimt Leads the $706M Evening Sale

Sotheby's held its debut evening sale at the Breuer building in New York on November 18, achieving a record-breaking $706 million total. The highlight was the white-glove auction of Leonard A. Lauder's collection of 20th-century masterpieces, which alone brought $527.5 million. Gustav Klimt's portrait *Bildnis Elisabeth Lederer* (1914-16) sold for $236.4 million, setting a new record for the artist and for Sotheby's Modern category. The evening also included a strong Contemporary sale led by Maurizio Cattelan's golden toilet at $12.1 million, with active bidding from Asian collectors.

Nara's vampire-girl portrait sells for US$10m at Sotheby's, leading US$43m Hong Kong Evening Sale

Sotheby's Modern and Contemporary Evening Auction in Hong Kong on 28 September achieved HK$335 million (US$43.1 million), with a 95% sell-through rate across 40 lots. The top lot was Yoshitomo Nara's 2012 painting *Can't Wait 'til the Night Comes*, which sold for HK$79.9 million (US$10.3 million) to a private Asian collector. A group of five works by Roy Lichtenstein from the artist's personal collection also debuted at auction, collectively bringing HK$46.4 million (US$5.9 million).

sothebys saudi arabian auction 2026

Sotheby's will hold its second auction in Saudi Arabia on January 31, 2026, following a successful inaugural sale in Diriyah in February 2024 that netted $17.3 million. The upcoming sale, titled "Origins," features over 70 works by established Saudi Arabian and Middle Eastern artists alongside international names, with top lots including a Pablo Picasso painting estimated at $2–3 million and works by Jean Dubuffet, Roy Lichtenstein, and Andy Warhol. The auction aims to build on lessons from the first sale, which revealed strong demand across price points and generational diversity among buyers.

sothebys london contemporary evening summer sale report

Sotheby's London contemporary evening sale on Tuesday brought in nearly £62.5 million ($84 million), within its pre-sale estimate of £55 million to £74 million. The 48-lot sale achieved an 83% sell-through rate, with five works selling for over £5 million each, led by Tamara de Lempicka's 'La Belle Rafaëla' (1927) at £7.4 million and Pablo Picasso's 'Nu assis dans un fauteuil' (1964–65). The auction saw strong bidding for a Basquiat work on paper, 'Untitled (Indian Head)', which sold for £5.4 million, and a standout result for Yu Nishimura's 'through the snow' (2023), which tripled its high estimate at £230,000.

whitney museum paused independent study program censorship

The Whitney Museum of American Art has suspended its storied Independent Study Program (ISP) for the 2025–2026 academic year, following widespread outcry over the censorship of a performance titled "No Aesthetic Outside My Freedom: Mourning, Militancy, and Performance" by artists Fadl Fakhouri, Noel Maghathe, and Fargo Tbakhi. The performance, scheduled for May 14, was canceled by museum leadership after reviewing a video in which Tbakhi made demands that supporters of Israel or America leave the venue. Director Scott Rothkopf informed the ISP community of the pause in an email, citing the need to search for a new director. The museum also confirmed that Sara Nadal-Melsió, hired in 2024 as the ISP's first associate director, will not retain her position. The cancellation drew condemnation from free speech advocates, including the National Coalition Against Censorship (NCAC), which likened the museum's actions to an authoritarian approach.

Exhibition Walkthrough: ‘Pat Steir. Song’

Hauser & Wirth Zurich is hosting a guided tour of 'Pat Steir. Song' coinciding with Zurich Art Weekend, led by Corinne Erni, Chief Curator at the Parrish Art Museum. The event includes a preview of 'Ed Clark. Paint is the Subject' on the ground floor. Erni, who joined the Parrish in 2016, has curated numerous exhibitions including works by Shirin Neshat, Nina Yankowitz, Sanford Biggers, and Rafael Lozano-Hemmer, and leads the Dorothy Lichtenstein ArtsReach Fund.

New Perspectives: "Roy Lichtenstein in the Studio"

The Dallas Museum of Art (DMA) and the Nasher Sculpture Center have jointly opened "Roy Lichtenstein in the Studio," a landmark two-venue exhibition celebrating the pop artist's centennial. Organized by curators Dr. Catherine Craft, Ade Omotosho, and Dr. Emily Friedman, the show features over 50 works gifted by the Roy Lichtenstein Foundation, which is closing its operations. The exhibition marks the first collaboration between the neighboring institutions since "Matisse as Sculptor" nearly 20 years ago, and includes prints, drawings, maquettes, and sculptures that establish Dallas as a study center for Lichtenstein's work.

‘Halo effect’ of powerful art dealers’ collections boosts Sotheby’s sale

Sotheby's held a successful three-part evening auction in New York on May 15, 2025, achieving a total of $154.2 million in hammer sales ($186.1 million with fees), within its pre-sale estimate. The sale included 12 lots from the estate of late dealer Barbara Gladstone, which sold 100% for $15.1 million, and 15 works from the collection of Daniella Luxembourg, which brought $33.6 million. The main event, Sotheby's The Now and Contemporary evening auction, featured 41 lots—including works from the Dorothy and Roy Lichtenstein collection and three deaccessioned by US museums—and achieved a 93% sell-through rate, hammering $105.4 million. A standout was Andy Warhol's 'Flowers' (1964) from the Gladstone estate, which sold for $3.1 million hammer, more than double its high estimate.