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At Art Basel Hong Kong, Blue-Chips Report Flurry of 7-Figure Deals, While Others Lament ‘Slower Than Usual’ Sales

Major galleries reported significant seven-figure sales on the opening day of Art Basel Hong Kong. Hauser & Wirth sold works by Louise Bourgeois and George Condo for millions, while David Zwirner sold paintings by Liu Ye and Marlene Dumas for $3.8 million each. Pace Gallery's CEO noted a renewed energy, and other blue-chip dealers like White Cube and Lehman Maupin also reported high-value transactions, particularly with Asian collectors and institutions.

Unseen George Condo Works Arrive at Auction From Anna Condo’s Collection

Anna Condo, the former wife of American painter George Condo, is bringing 27 previously unseen works from her private collection to auction at Christie’s. The collection, which includes paintings, drawings, and sculptures acquired during their 28-year marriage, will be featured in the Post-War and Contemporary Art day sale on May 21. These works have never been exhibited or sold publicly, offering a rare glimpse into the artist's private creative output between 1988 and 2017.

POST-WAR & CONTEMPORARY ART DAY SALE TOTALS $66,301,630 - Christie's

Christie’s New York concluded its Post-War & Contemporary Art Day Sale on November 10, 2023, generating a total of $66.3 million. The auction saw strong performance across the board, selling 85% by lot and achieving 102% of the hammer price against low estimates. High-profile works by Andy Warhol, Jean-Michel Basquiat, and Hans Hofmann led the results, contributing to a massive Marquee Week running total of over $814 million.

Private Sales Are Surging as Auction Houses Lean into Exclusive, Experience-Led Selling

Sotheby's and Christie's are increasingly turning to private, invitation-only sales to move high-value artworks, bypassing the traditional auction model. Sotheby's recent "The Apartment" exhibition in London, featuring works by David Hockney, George Condo, and Jean-Michel Basquiat, sold half its $40 million inventory before the public even saw it. Christie's reported that its three most expensive paintings sold in 2025 were all private transactions, with the house trading $1.5 billion privately last year—nearly a quarter of its global sales.

josh brolin felix podcast 2746728

Actor Josh Brolin recently appeared on the Felix Podcast to discuss his extensive journey as an art collector, revealing the challenges even Hollywood stars face when navigating the gallery system. Brolin shared anecdotes about being placed at the back of waiting lists for high-demand artists like Danielle Mckinney and the humbling experience of having to prove his sincere passion for works to dealers like Jeffrey Deitch. The conversation highlighted his collection, which includes works by George Condo, Shara Hughes, and Jammie Holmes.

digital artist hot water ai generated works george condo 1234774245

Digital artist Kevin Esherick's solo debut at New York’s Heft Gallery has sparked a legal confrontation with painter George Condo. The exhibition features AI-generated works trained to mimic the styles of prominent contemporary artists, including Beeple, Cindy Sherman, and Salman Toor. While most artists were receptive to the project, Condo’s legal team issued a cease-and-desist letter regarding three specific paintings, leading the gallery to shroud the disputed works in black velvet and display the redacted legal notice in their place.

hauser and wirth russia sanctions case court date 1234769715

A UK judge has scheduled a 10-day trial for January 2028 in the case against mega-gallery Hauser & Wirth and liquidated shipping firm Artay Rauchwerger Solomons over alleged violations of UK sanctions against Russia. The Crown Prosecution Service (CPS) charged the gallery with making George Condo's 2021 work on paper, *Escape from Humanity*, available in 2022 to a person connected to Russia. The next hearing is set for May 5, 2026, for arraignment. Hauser & Wirth has stated it strongly contests the charge and intends to plead not guilty, while the shipping company went into voluntary liquidation in April 2024.

hauser and wirth russia sanctions trial 2736373

Hauser & Wirth and art shipping company Artay Rauchwerger Solomons face trial over charges of evading U.K. sanctions by allegedly making artist George Condo's 2021 work on paper, *Escape from Humanity*, available to a person connected with Russia in 2022. The U.K. Crown Prosecution Service brought the charge in November, and a judge has scheduled a 10-day trial for January 2028, with a hearing on May 5, 2026, for arraignment. Hauser & Wirth has stated it will plead not guilty, while the shipping firm, which went into voluntary liquidation in April 2024, did not respond to requests for comment.