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kenny schachter new york fair auction recap 2648049

Kenny Schachter's article for Artnet News draws a parallel between President Jimmy Carter's 1977 energy-crisis plea to lower thermostats and the current art-market response to Trump-era tariff turmoil. He reports that the spring 2025 auction cycle generated $1.25 billion, continuing a decade-long decline from the 2014 peak, with bidders spending less and big-ticket sellers stuck. Schachter also promotes his own no-reserve auction, "Hoarder #6," scheduled for July 8–17 at Phillips, and critiques Trump's economic policies and crypto ventures, name-dropping Justin Sun as a major holder of $Trump tokens.

paint drippings art industry news feb 16 2745624

This week's art industry news covers significant developments across fairs, auctions, galleries, and museums. Frieze New York announces its 15th edition with a strong Latin American gallery presence, while the India Art Fair reports robust sales, including works by Atul Dodiya and N.S. Harsha fetching up to $600,000. Sotheby's will offer a major Francis Bacon self-portrait from the collection of Joe Lewis, and Christie's is set to sell three masterpieces from Agnes Gund's collection, estimated at over $123 million. Gallery news includes Federica Beretta's return to Opera Gallery and David Zwirner's new representation of painter Louis Fratino.

Process Is the Point at IFPDA Print Fair

The International Fine Prints and Drawings Association (IFPDA) Print Fair returned to New York’s Park Avenue Armory, featuring 80 global galleries, publishers, and print studios. The event showcased a diverse range of works, from 19th-century Japanese ukiyo-e masterworks by Hokusai to contemporary pieces by artists such as Kiki Smith, Julie Mehretu, and David Hockney. Notable highlights included Kiki Smith’s massive 12-foot watercolor "Wooden Moon" and Paula Rego’s influential abortion etchings, which were recently acquired by the Metropolitan Museum of Art.

louis fratino david zwirner representation 1234773047

Painter Louis Fratino has joined the mega-gallery David Zwirner, adding the powerhouse to his existing representation by Berlin's Galerie Neu and New York's Sikkema Malloy Jenkins. This multi-gallery arrangement is a departure from the typical practice of artists severing ties with smaller galleries when aligning with a global giant.

marquee art sales fall 2025 christies sothebys phillips 1234761496

Christie's, Sotheby's, and Phillips are holding their marquee fall 2025 sales in New York next week, with an unusually high volume of inventory. Christie's alone will offer 80 works on Monday night, and across the week 27 lots carry estimates above $10 million—a stark contrast to the tepid May sales. The season is top-heavy, with the $2 million–$5 million range considered the trickiest. Notable consignments include the estate of Leonard Lauder and the collection of Stefan Edlis and Gael Neeson, while many discretionary sellers remain absent. Day sales feature works with significant price drops, such as a Steve Parrino painting last sold for nearly $1 million now estimated at $300,000–$500,000, and an Avery Singer work that sold for $3 million in 2022 now estimated at $600,000–$800,000. Several pandemic-era speculative purchases are also returning to market at steep discounts.

figurative painting trend boom bust market politics zombie jennifer packer salman toor louis fratino 1234747400

The article examines the narrative that figurative painting died and made a comeback, arguing instead that it never truly disappeared. It traces the art market's pendulum swing from zombie formalism around 2014 to a surge in figurative painting by 2015, fueled by collectors seeking new, affordable works to flip quickly. The piece highlights emerging painters like Gina Beavers, Mira Dancy, Jamian Juliano-Villani, and Greg Parma Smith, and notes that the boom created auction stars whose prices later crashed, as reported in a 2024 New York Times article.

christies 21st century auction may 2025 marlene dumas 1234742219

Christie's 21st century evening sale on May 14, 2025, generated $96.4 million against a presale low estimate of $79.5 million, with 39 lots offered and a sell-through rate of 90% before withdrawals. The top lot was Jean-Michel Basquiat's 'Baby Boom' (1982), which sold for $23.4 million with fees, consigned by collector Peter M. Brant. Marlene Dumas's 'Miss January' (1997) achieved $13.6 million, setting a new record for the most expensive living female artist, surpassing Jenny Saville's previous record. Other notable sales included Simone Leigh's 'Sentinel' (2020) at $5.7 million, while works by Ellsworth Kelly and Felix Gonzalez-Torres failed to sell.

The Top 3 Japanese ultra-contemporary artists

The article profiles three Japanese ultra-contemporary artists—Miwa Komatsu, Justin Caguiat, and Yukimasa Ida—who are gaining significant traction on the international art market. It details Komatsu's rise from a 2015 Christie's Hong Kong sale to becoming the first Japanese ultra-contemporary artist ranked among the world's top 1,000 sellers, with $2 million in sales in 2022.

collectors queer art pride month

CULTURED revisits four collector questionnaires from Pride Month, featuring Rob and Eric Thomas-Suwall (the Icy Gays), Chad Leat, and Ilan Cohen. Each collector shares their personal journey, motivations, and the LGBTQ+ artists they champion, including Salman Toor, Dominique Fung, Anna Weyant, Roni Horn, John Giorno, Wolfgang Tillmans, Doron Langberg, Louis Fratino, and TM Davy. The article offers intimate glimpses into their homes and collections, highlighting how they discovered art, built relationships with dealers, and navigated collecting from remote or non-traditional locations.

'I get strong gut reactions': Jonathan Travis on what he collects and why

Jonathan Travis, a realtor and art collector who has helped drive the migration of New York galleries to Tribeca, discusses his collecting habits in an interview with The Art Newspaper. Travis, a partner at Redwood Property Group, has found Tribeca homes for around 40 galleries and co-founded the Wolf Hill artist residency in Chappaqua, New York, with Ethan Rafii. He shares details about his first purchase (a Nicole Eisenman painting), his most recent acquisition (a Masanori Tomita painting), and his strong gut reactions when buying art in person. He also mentions works in his collection by artists such as Sasha Gordon, Jenna Gribbon, and Arcmanoro Niles, and expresses excitement for the Salvador Dalí show at Di Donna and the May auctions.

Artist interview

The article is an interview with an artist, though the provided text is incomplete and primarily consists of a subscription prompt for The Art Newspaper's digital newsletter. The core content of the interview itself is missing from the given snippet, which only includes the title "Artist interview" and standard footer information about the publication.

Christie's 20/21 sales achieve $693 million

Christie's 20th and 21st Century Art sales in New York from 12-15 May 2025 achieved a total of $693 million across six sales, reaching 123% of the low estimate. The top lot was Piet Mondrian's 1922 painting *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue*, which sold for $47.56 million. Other highlights included Claude Monet's *Peupliers au bord de l'Epte, crépuscule* (1891) at $42.96 million, and Marlene Dumas's *Miss January* (1997), which set a record for a living female artist. The Leonard & Louise Riggio collection alone brought $272 million, while the 20th Century Evening Sale achieved $217 million with a 100% sell-through rate. New artist records were set for Dorothea Tanning, Remedios Varo, Louis Fratino, Simone Leigh, and Emma McIntyre.

Marlene Dumas’s $13.6m semi-nude breaks auction record for a living female artist

Christie's 21st century evening sale on Wednesday achieved $79 million ($96.5 million with fees), falling within revised estimates but below original projections and prior sale totals. The standout lot was Marlene Dumas's 1997 painting *Miss January*, which sold for $13.6 million with fees, setting a new auction record for any living female artist. The sale saw three of four records set for women artists, including Simone Leigh, Emma McIntyre, and Louis Fratino, though bidding was subdued overall with heavy reliance on third-party guarantees.

at christies 13 6 million marlene dumas painting sets new record for living female artist at auction 2644908

Christie's 21st-century evening sale in New York on Wednesday night totaled $96.5 million, surpassing last year's $80.3 million, though the auction was characterized by caution, few fireworks, and a reduced number of lots. The headline event was Marlene Dumas's painting *Miss January* (1997) selling for $13.6 million with premium, setting a new auction record for a living female artist. The work, estimated at $12–18 million, was guaranteed and sold to a client bidding through Christie's deputy chairman Sara Friedlander; Miami collectors Don and Mera Rubell were the consignors. Other notable results included new records for Simone Leigh, Emma McIntyre, and Louis Fratino, while the top lot was Jean-Michel Basquiat's *Baby Boom* (1982) at $23.4 million. Four of 43 lots were withdrawn, and several works failed to sell, including an Ellsworth Kelly canvas with a $2 million low estimate.

3 Matisse Exhibitions at the Baltimore Museum of Art Highlight Different Sides of the Artist

The Baltimore Museum of Art (BMA) is presenting three simultaneous exhibitions focused on Henri Matisse, drawing from its world-leading collection of the artist's works. The shows include "Fratino and Matisse: To See This Light Again," pairing Matisse with contemporary artist Louis Fratino; "Matisse and Martinique: Portraits and Poetry," exploring a little-known book illustration series inspired by the artist's 1930 visit to Martinique; and "Matisse in Vence: The Stations of the Cross," featuring 85 rarely or never-before-seen works on paper from Matisse's only architectural project—a chapel in Vence, France. The exhibitions run through 2026, with the Vence show curated by scholar Yve-Alain Bois.

Maryland artist examines Matisse's legacy in upcoming Museum of Art exhibit

The Baltimore Museum of Art is set to host "Fratino and Matisse: To See This Light Again," a major exhibition pairing the works of Maryland-born artist Louis Fratino with those of Henri Matisse. The show features approximately 30 works by the French master alongside Fratino’s contemporary pieces, marking the MICA graduate's first significant institutional exhibition in the United States.

A brush with… Louis Fratino—podcast

The article is a transcript or description of a podcast episode featuring an interview with painter Louis Fratino. He discusses his artistic practice, which focuses on memory, daily life, and queer identity, and cites influences from Henri Matisse to Bhupen Khakhar. He also reveals details about his studio life and answers philosophical questions about art's purpose.

11 New Artist Auction Records Set in May 2025

During New York's spring auction week starting May 12, 2025, major houses Sotheby's, Christie's, Phillips, and Bonhams collectively brought in $1.27 billion, slightly above the estimated $1.25 billion but down 17% from the previous year. The top lot was Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) at $47.56 million, but the mood was tense as trophy works like Andy Warhol's *Big Electric Chair* (1967–68) were withdrawn and several top lots, including Alberto Giacometti's *Grande tête mince* (1955), failed to sell. Amid this volatility, 11 new artist auction records were set, five of which were for women artists, notably Marlene Dumas's *Miss January* (1999) selling for $13.65 million—the most expensive work by a living woman artist at auction.

7 Contemporary Artists to Follow If You Like Cecily Brown

The article presents a curated list of seven contemporary artists whose work shares aesthetic or thematic connections with the painter Cecily Brown. It highlights artists like Jenna Gribbon, known for intimate, luminous portraits; Issy Wood, who blends Old Master techniques with contemporary malaise; and others such as Flora Yukhnovich, Doron Langberg, Louis Fratino, Maia Cruz Palileo, and Somaya Critchlow, each exploring figuration, sensuality, and painterly abstraction in distinct ways.

Christie’s Spring Marquee Week Totals $693 Million 123% Over Low Estimate - Christie's

Christie's Spring Marquee Week, held May 12–15, 2025 in New York, generated $693 million in total sales, exceeding the low estimate by 123% and surpassing the auction house's totals from both May and November 2024. The week featured six evening and day sales, led by the $272 million Leonard & Louise Riggio: Collected Works sale, with the top lot being Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) selling for $47.6 million. Marlene Dumas' *Miss January* set a new auction record for a living female artist at $13.6 million, and additional records were set for Simone Leigh, Emma McIntyre, Louis Fratino, Dorothea Tanning, and Remedios Varo. The overall sell-through rate was 88% by lot, with strong bidding across all price bands.