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Sotheby’s $433 Million Contemporary Evening and Mnuchin Sales Kicked Off New York’s May Marquee Auctions

Sotheby's held two major evening sales in New York—the Mnuchin collection sale and The Now & Contemporary Evening Auction—generating a combined $433.1 million. The Mnuchin sale achieved a white-glove result of $166.3 million, led by Mark Rothko's *Brown and Blacks in Reds* (1957) which sold for $85.8 million, while the contemporary auction reached $266.8 million, with Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* as the top lot. The results fell within presale estimates but marked a 133% increase over last May's contemporary sales.

Art Workers Plan Venice Biennale Strike

Cultural workers, labor unions, and grassroots groups are planning a strike at the Venice Biennale on Friday, May 8, organized by the Art Not Genocide Alliance and others. The action, described as the first organized strike within the Biennale, aims to protest Israel's inclusion in the event, with participants withholding their labor and calling to "shut down the genocide pavilion." The article also covers other art news, including exhibitions in Los Angeles, a profile of nonagenarian artist Mohammad Omer Khalil, and memes about the Met Gala.

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.

‘I told his family he was HIV positive’: Keith Haring’s best friend on life with the artist as unseen works go on show

A collection of unseen Keith Haring works, including a crib he painted for his best friend's unborn child, is going on display at Sotheby's New York before being auctioned in May 2025. The collection belongs to Kermit Oswald, Haring's childhood friend, and features 20 works, with a 1985 self-portrait estimated at $3m-$5m and the crib valued at $250,000-$350,000. Oswald shares intimate stories of their friendship, from childhood pranks in Kutztown, Pennsylvania, to their move to New York to study at the School of Visual Arts, and Haring's later collaboration with William Burroughs.

Rare Keith Haring Self-Portrait and Other Intimate Works Go on View in NYC

A collection of intimate works by Keith Haring, including a rare self-portrait, a painted crib, and personal letters, has gone on view at Sotheby's Breuer building in New York City. The works were gifted by Haring to his childhood best friend and fellow artist, Kermit Oswald, over the course of their friendship from 1977 to 1989. The free public exhibition precedes a series of three auctions beginning May 14, with highlights including the self-portrait estimated at $3–5 million and a crib-and-dresser set expected to fetch $250,000–350,000.

"Man besitzt Kunst nicht, man ist nur ihr Verwalter"

The 61st Venice Biennale opened on Saturday without ceremony or an opening celebration, amid political turmoil over the participation of Russia and Israel. Italy's Culture Minister Alessandro Giuli criticized Biennale director Pietrangelo Buttafuoco for not informing the government about Russia's participation request, suggesting it could have been used as leverage for a ceasefire in Ukraine. The entire jury resigned after attempting to exclude both Russia and Israel from prize awards, leading to the cancellation of the traditional jury decision in favor of a public vote, which over 70 participating artists have protested by withdrawing from this year's prizes. Separately, a rare photograph from the early 1940s has surfaced showing Lucas Cranach the Elder's painting "Venus with Cupid as Honey Thief" in Adolf Hitler's Munich apartment, raising unresolved questions about whether the work was looted from Jewish owners before 1935.

Long-Hidden Keith Haring Artworks Come to Auction

A collection of rare Keith Haring artworks, gifted to his childhood friend Kermit Oswald over nearly three decades, is coming to auction at Sotheby’s Breuer Building in May 2025. The trove includes a self-portrait from 1985 (estimated at $3–5 million), a painted crib and dresser ($250,000–350,000), a carved wood sculpture from 1983 (up to $800,000), and other early works on wood, fabric, and paper. These pieces trace Haring’s artistic evolution before his subway drawings and international fame, and were kept by Oswald, who was Haring’s best friend since kindergarten and later installed his shows.