Picasso Painting That Cost S. I. Newhouse a MoMA Board Position Heads to Christie’s for $55 M.

Christie’s New York will auction 16 masterpieces from the collection of late Condé Nast magnate S. I. Newhouse on May 18, with an estimated total of $450 million. The highlight is Pablo Picasso’s Cubist painting *Homme à la guitare* (1913), estimated at $35–55 million, which Newhouse acquired in 2000 for $10 million after MoMA sold it from its collection. Newhouse, then a MoMA board member, violated museum policy by buying the work and subsequently resigned from the board.

Go Time! Gagosian Christens New Madison Avenue Space With Duchamp Readymades

Larry Gagosian is set to inaugurate a newly overhauled ground-floor gallery at 980 Madison Avenue on April 25, marking a major expansion within his long-time New York headquarters. The debut exhibition features the iconic readymades of Marcel Duchamp, including a rare version of 'Bicycle Wheel' and 'Fountain.' This move follows a period of uncertainty for the dealer after Bloomberg Philanthropies acquired the building, prompting Gagosian to invest significant resources into securing and transforming the street-level space.

Shoptalk: New Guggenheim Director Melissa Chiu on How She Got the Job

Melissa Chiu has been appointed as the new director of the Solomon R. Guggenheim Museum in New York, transitioning from her long-standing leadership at the Smithsonian’s Hirshhorn Museum and Sculpture Garden. The appointment was the result of a confidential search led by Mariët Westermann, the Guggenheim’s overall director and CEO, who determined that the expanding global "constellation" of museums required a dedicated leader for the New York flagship. Chiu will officially assume the role in September, just ahead of the highly anticipated opening of the Guggenheim Abu Dhabi in 2025.

Marian Goodman’s Prized $65 Million Collection Lands at Christie’s

Christie’s has announced the sale of the private collection of the late legendary art dealer Marian Goodman, who passed away in January at age 97. Estimated to bring in approximately $65 million, the collection is headlined by a group of significant works by Gerhard Richter, an artist Goodman championed for four decades. The centerpiece of the auction is Richter’s 1982 painting "Kerze (Candle)," which carries a high estimate of $50 million and will lead a series of dedicated sales in New York this May.

ken griffin global recession iran strait of hormuz 1234781281

Billionaire hedge fund manager and prominent art collector Kenneth C. Griffin has issued a stark warning regarding the global economy, stating that a recession is inevitable if the Strait of Hormuz remains closed through the end of the year. Speaking at the Semafor World Economy summit, Griffin highlighted that the closure of this vital oil passageway has created energy shocks and treacherous conditions for central bankers, potentially forcing further interest rate hikes to combat inflation.

can slimmed down expo chicago still throw weight around 1234779786

The 15th edition of Expo Chicago, scheduled for April 9–12, marks a significant transition as the fair's first outing under new director Kate Sierzputowski and its third since being acquired by Frieze. The upcoming edition features a streamlined roster of approximately 130 galleries, a 25 percent decrease from previous years. While blue-chip giants like Gagosian and Zwirner are absent, the fair maintains a strong lineup including Karma, Michael Rosenfeld Gallery, and local mainstays like Monique Meloche, complemented by satellite events and a high-profile benefit directed by Maurizio Cattelan.

Advocates Try to Save Brutalist Fountain in San Francisco, José Aparicio Painting Returns to Prado Museum: Morning Links for April 30, 2026

This ARTnews Morning Links roundup covers multiple art-world stories from April 30, 2026. A new Banksy sculpture appeared in London's Waterloo Place, depicting a suited man marching off a plinth with a flag covering his face, though Banksy had not confirmed the work. Italian Culture Minister Alessandro Giuli ordered inspectors to the Venice Biennale headquarters amid intensifying scrutiny over Russia's participation, following internal emails suggesting sanctions were circumvented. Obituaries note the deaths of German 'total artist' Timm Ulrichs at 86 and Japanese sculptor Shigeo Toya at 78. A José Aparicio painting, 'The Year of the Famine in Madrid' (1818), returned to the Prado Museum after 150 years. In San Francisco, a group called Friends of the Plaza filed an appeal to block dismantling of the Vaillancourt Fountain. A feature in Cultured Magazine explores Bucharest's ambitions as a global arts hub through the Romanian Art Dealers fair.

Gagosian Opens a New Ground-Floor Flagship at 980 Madison Avenue with Duchamp-Rauschenberg Double Header

Gagosian is opening a new ground-floor flagship gallery at 980 Madison Avenue in New York, moving from its former upper-floor space in the same building. Designed by Caplan Colaku Architects, the 12,000-square-foot, two-level space consolidates three storefronts into a continuous layout with restrained materials like Portland Taupe stone and brushed stainless steel. The inaugural exhibition pairs a major Marcel Duchamp show with six early works by Robert Rauschenberg on loan from the Cy Twombly Foundation, coinciding with a Duchamp retrospective at MoMA and referencing a 1965 Duchamp exhibition held in the same building.

Chicago’s Obama Presidential Center has art at its core

The Obama Presidential Center is set to open on Chicago’s South Side on June 19, 2026. The $850m institution, designed by Tod Williams Billie Tsien Architects, features more than 25 site-specific contemporary art commissions integrated into its architecture and 19.3-acre campus. Ahead of the opening, the museum has partnered with Expo Chicago to preview these works, which include monumental contributions from artists such as Julie Mehretu, Mark Bradford, and Nick Cave.

King Charles Visits Christie’s in New York, After White House Dinner

King Charles III and Queen Camilla made a surprise visit to Christie’s headquarters in New York on April 29, 2026, following a White House dinner and address to Congress. They attended a gala for the King’s Trust, a charity supporting young people from disadvantaged backgrounds, rather than bidding on auction lots like a $100 million Jackson Pollock or a $60 million Roy Lichtenstein. The event, co-chaired by Lionel Richie, drew guests including Martha Stewart and Anna Wintour, and featured a dinner in the James Christie Room. Christie’s CEO Bonnie Brennan curtsied to the king, and the royals viewed the new rostrum designed by Jony Ive, set to debut in New York during Christie’s May marquee week.

From Lee Cronin’s The Mummy to Zayn: your complete entertainment guide to the week ahead

From Lee Cronin’s The Mummy to Zayn: your complete entertainment guide to the week ahead

British artist Michaela Yearwood-Dan is launching her first UK institutional solo exhibition at The Whitworth in Manchester. The immersive installation blends painting, ceramics, sound, and poetry to explore complex themes of colonial history, religious institutions, and the journey toward personal and collective liberation.

Georg Baselitz, German artist who turned figurative painting on its head, has died, aged 88

Georg Baselitz, the influential German painter and sculptor, died on 30 April at age 88. Born Hans-Georg Kern in 1938 in Deutschbaselitz, he grew up amid the ruins of Nazi Germany and later adopted his surname from his birthplace. Expelled from the East Berlin Academy for "sociopolitical immaturity," he moved to West Berlin, where he rejected both gestural abstraction and Expressionism. His first solo exhibition in 1963 was shut down for obscenity. In 1969 he pioneered his signature inverted paintings, turning subjects upside down to sever image from representation. He also created large carved sculptures using axes and chainsaws. His later series, from 2014 onward, are considered his most astonishing work, culminating in a sustained focus on his wife, artist Elke Kretzschmar.

Two Growing London Galleries Launch Second Spaces—and More Art Industry News

The art world is seeing a wave of institutional shifts and physical expansions, headlined by the appointment of Melissa Chiu as the new director of the Guggenheim Museum in New York. In London, galleries Edel Assanti and Emalin are both expanding their footprints with new locations, while the National Gallery has selected Kengo Kuma for a massive £350 million extension project. Meanwhile, the European Commission has threatened to pull €2 million in funding from the Venice Biennale unless it reverses its stance on Russian participation.

Seoul Gets an Intriguing New Art Fair—Plus, a Rundown of the Latest in Asia’s Art World

The Asian art landscape is undergoing significant shifts, headlined by the launch of Hive Art Fair in Seoul, which introduces a fee-free booth model focused on B2B corporate collaborations. Major institutional moves include the appointment of Melissa Chiu as the new director of the Guggenheim Museum and the opening of the Black Gold Museum in Riyadh. Meanwhile, the Hong Kong Museum of History has reopened with a controversial thematic revamp that emphasizes Chinese heritage over colonial history.

From Mother Mary to Foo Fighters: your complete entertainment guide to the week ahead

This article is a weekly entertainment guide from The Guardian, covering cinema, gigs, art, stage, streaming, games, albums, and brain food. In the art section, it highlights two exhibitions: "Handpicked: Painting Flowers from 1900 to Today" at Kettle's Yard in Cambridge, featuring artists like Henri Rousseau and Lubaina Himid; and a show of South African photographer George Hallett's work at the John Lennon School of Art and Design in Liverpool, documenting black resistance in 1970s Britain. It also mentions an open house for Lonnie Holley's new works at Edel Assanti gallery in London.

From You, Me & Tuscany to Euphoria: your complete entertainment guide to the week ahead

The Camden Art Centre in London is hosting a significant survey of the late Guyanese-British artist Donald Locke, marking the final stop of a UK touring exhibition. Locke is celebrated for blending the formal language of minimalism and modernism with the potent symbols of Guyanese and Black American culture, effectively challenging the traditional art world's Eurocentric perspectives through his work in ceramics, painting, and sculpture.

ArtReview Podcast | Episode 5: Rene Matić

Artist Rene Matić discusses their multidisciplinary practice and cultural influences in the latest episode of the ArtReview Podcast. The conversation explores Matić’s background as a second-generation skinhead of St Lucian heritage, their status as the youngest-ever Turner Prize nominee, and the upcoming commission for the grand opening of the V&A East Museum in April 2026.

What We Miss When We Talk About Giacometti

This article explores a critical reevaluation of Alberto Giacometti’s career, specifically focusing on the decade between 1935 and 1945. While Giacometti is globally recognized for his spindly, post-war 'Existentialist' figures, art historian Joanna Fiduccia’s new book, *Figures of Crisis*, argues that his mid-career departure from Surrealism to study human likeness was not a mere transition but a profound response to the political crises and nationalism of interwar France.

Lalanne mirrors owned by Yves Saint Laurent and a classic Diane Arbus photo: our pick of the April auctions

Major auction houses are preparing for a series of high-profile sales in April, headlined by a suite of fifteen gilt-bronze mirrors by Claude Lalanne. Originally commissioned for the Paris apartment of fashion icon Yves Saint Laurent and Pierre Bergé, the mirrors are expected to fetch between $10m and $15m at Sotheby’s. Other notable lots include a rare Diane Arbus photograph from the collection of Lily Tomlin and Jane Wagner, a pastoral landscape by Russian artist Konstantin Somov, and a centuries-old drawing based on Albrecht Dürer’s famous rhinoceros woodcut.

Diane Keaton’s Iconic Wardrobe and Art Collection Head to Auction

Bonhams auction house, in collaboration with the Fine Art Group, is organizing a four-part, 550-lot sale of Diane Keaton's personal belongings. The sales, taking place online and in New York from late May to mid-June, will include her iconic wardrobe, Hollywood memorabilia, home furnishings, and a significant portion of her art collection, featuring works by artists like Robert Rauschenberg and Ed Ruscha, as well as her own mixed-media collages.

Radiohead Hits the Road With a Haunting Immersive Installation

Radiohead has announced a North American tour for "Motion Picture House," a massive 17,000-square-foot immersive audiovisual installation. The project features a 75-minute film titled Kid A Mnesia, directed by Sean Evans, which incorporates art created by frontman Thom Yorke and longtime collaborator Stanley Donwood. Launching at the Coachella festival before traveling to cities like Brooklyn and Mexico City, the experience combines surround-sound studio recordings with physical galleries displaying the original source art from the band's seminal turn-of-the-century albums.

LACMA’s New Building Invites You to Chart Your Own Path

The Los Angeles County Museum of Art (LACMA) is set to open its long-awaited and highly debated new building, the David Geffen Galleries. Designed by Swiss architect Peter Zumthor, the $720 million concrete structure spans Wilshire Boulevard and replaces several older buildings with a single, elevated exhibition level. The opening marks the culmination of a decade-long project spearheaded by Director Michael Govan, featuring a non-linear layout that integrates the museum's encyclopedic collection into thematic displays rather than traditional chronological or regional divisions.

Gagosian to Debut New Gallery With Duchamp’s “Readymades”

Gagosian has announced that the inaugural exhibition at its new ground-level space at 980 Madison Avenue will feature the iconic "readymades" of Marcel Duchamp. Opening April 25, the show will showcase a series of 14 authorized replicas created in 1964 by Duchamp and dealer Arturo Schwarz, including famous works like "Fountain" and "Bicycle Wheel." The exhibition is timed to run concurrently with a major Duchamp retrospective at the Museum of Modern Art, the artist's first in the United States in over half a century.

Concrete sun tunnels and shimmering pools of water: the monumental land art of Nancy Holt

Nancy Holt (1938-2014), a pioneering land artist known for her monumental work *Sun Tunnels* (1976) in the Utah desert, is the subject of a new exhibition at the Goodwood Art Foundation in Sussex. Titled *MOONSUNSTAR EARTHSKYWATER*, the show is the first UK retrospective to bring together Holt's photographic works, films, poetry, indoor installations, and outdoor pieces, including *Hydra's Head*, a constellation-inspired installation of six circular pools in a chalk quarry. The exhibition highlights Holt's recurring motifs of circles and systems, tracing them from her early concrete poem to her large-scale cosmological works.

Au musée Picasso, l’artiste africain-américain Henry Taylor dévoile sa peinture d’un quotidien troublé par la violence

The Musée Picasso in Paris is hosting a retrospective of African American artist Henry Taylor, running until September 6. The exhibition centers on Taylor's 2007 painting *From Congo to the Capital, and Black Again*, a bold reimagining of Picasso's *Les Demoiselles d'Avignon* that replaces the original figures with darker-skinned women and introduces Josephine Baker and a white man's arm. The show follows the museum's series on African American painting, after Faith Ringgold in 2023 and ahead of a Harlem Renaissance exhibition in 2027.

Where to go this weekend?

Wohin am Wochenende?

Major international exhibitions and events are launching this week, headlined by a massive Marcel Duchamp retrospective at the Museum of Modern Art in New York, the first of its scale in the U.S. since the 1970s. In Milan, Cao Fei debuts a research-heavy project at Fondazione Prada exploring the intersection of high-tech agriculture and tradition, while Berlin’s Georg Kolbe Museum recovers the legacy of British constructivist Marlow Moss. Additionally, the inaugural Art Cologne Palma Mallorca art festival opens in Spain, attempting to stimulate the market during a challenging economic period.

Works from Marian Goodman’s Collection to Anchor Christie’s May Sales

Christie’s has announced that it will auction works from the personal collection of the late legendary dealer Marian Goodman during its May marquee sales in New York. The collection is headlined by seven paintings by Gerhard Richter, including the iconic 1982 work *Kerze (Candle)*, which carries an estimate of $35 million to $50 million. The total group of works from Goodman’s Manhattan home is expected to realize approximately $65 million.

Eyecatchers and Discoveries

Eyecatcher und Entdeckungen

The 42nd edition of Art Brussels has scaled down to 138 exhibitors from 165 in 2025, responding to a sluggish contemporary art market and economic uncertainty. The fair introduces a new section called 'Horizonte,' curated by Devrim Bayar of Kanal Centre Pompidou, featuring six large-scale installations including Pao Hui Kao's delicate paper-and-lacquer refuge and Oswald Oberhuber's €380,000 panoramic painting 'Paradiesgarten.' Galleries are now consolidated into one hall, with fewer blue-chip participants but a continued focus on living artists (95% of the 500 shown). Notable presentations include Xavier Hufkens' solo show of Cassi Namoda, Krinziger's works by Marina Abramović and Monica Bonvicini, and Richard Saltoun's historical mix of Fernand Khnopff, Everlyn Nicodemus, and Suzanne Van Damme.

Thom Yorke and Stanley Donwood Plot a Mysterious Art Show in Venice

Musician Thom Yorke and artist Stanley Donwood will present a new exhibition titled “No Go Elevator (not without no keycard)” in a small gallery in Venice next month, coinciding with the Venice Biennale. The show marks their first showcase outside the U.K. and features a mix of drawings and a large painting created in London this year, with cryptic textual components and no unifying theme, according to the artists.

The 5 Best Booths at miart 2026

The 30th edition of miart opened its doors at the Allianz MiCo convention center in Milan, marking a significant milestone for Italy’s premier international modern and contemporary art fair. As the city continues its ascent as a global art capital, the 2026 fair attracted a diverse continental crowd of collectors and professionals ahead of the upcoming Venice Biennale.