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.

The Marcel Duchamps That Got Away: On Collecting His Work and the Sprawling MoMA Show

The article recounts the author's personal experience as a collector who passed up the opportunity to buy a complete set of Marcel Duchamp's readymades at a 2002 Phillips de Pury and Luxembourg auction. The set, editioned by dealer Arturo Schwartz in 1964, included iconic works like *Fountain* and *Bicycle Wheel*, but the sale was a financial failure, with many pieces bought-in or selling for far below expectations. The author later acquired some of the unsold works privately. The piece is framed around the concurrent Duchamp exhibitions at the Museum of Modern Art and Gagosian.

Georg Baselitz obituary

Georg Baselitz, the German painter and sculptor known for his provocative, expressionistic works and his iconic upside-down paintings, has died at the age of 88. The article traces his life from his childhood in war-torn Germany, through his early career as a rebellious artist in divided Berlin, to his rise as an international art star. It highlights his 1961 manifesto poster "Pandemonium I," his rejection of American abstraction, and his controversial 1963 exhibition that was raided by police for its explicit content.

5 Under-Recognized Artists Getting Their Due in New York This Season

The article highlights five under-recognized artists whose exhibitions are on view in New York this season, focusing on Domenico Gnoli at Lévy Gorvy Dayan and Raquel Rabinovich at Hutchinson Modern and Contemporary. Gnoli, an Italian painter who died in 1970, is known for his pallid, claustrophobic depictions of everyday subjects, while Rabinovich, who died at 102 in January 2026, created somber minimalist paintings exploring silence and withholding. The piece notes that New York galleries often use the pre-fair period to showcase less prominent artists of great promise.

Artist Foundations’ Net Worth Has Nearly Tripled to $9 B., Led by Cy Twombly Foundation’s $1.5 B. in Art and Assets

New research from the Aspen Institute’s Artist-Endowed Foundation Initiative (AEFI) reveals that artist-endowed foundations in the U.S. now control roughly $9 billion in assets, nearly triple the $3.5 billion reported in 2011 and up 17% from $7.7 billion in 2018. The Cy Twombly Foundation leads with $1.5 billion in art and assets, followed by foundations for Alexander Calder, Joan Mitchell, Helen Frankenthaler, and Robert Rauschenberg, each holding over $500 million. The data, drawn from public tax forms, shows that just five of roughly 500 foundations account for more than half the total, with most established by postwar American artists born before 1931.

The 20 Most Expensive Artworks Hitting the Auction Block This Season

The May 2026 New York auctions at Christie’s, Sotheby’s, and Phillips will feature 20 high-value lots priced at $30 million or more, including works by Andy Warhol, Jasper Johns, Pablo Picasso, Piet Mondrian, Jackson Pollock, Willem de Kooning, Cy Twombly, Gerhard Richter, and others. The sales are staggered around the Venice Biennale and Frieze New York, with Sotheby’s holding its contemporary evening auction on May 14 and Christie’s its 20th-century sale on May 18. Notable consignments come from the estates of S.I. Newhouse, former MoMA board president Agnes Gund, and dealer Marian Goodman.

Zoe Leonard Departs Hauser & Wirth for New York’s Maxwell Graham Gallery

Zoe Leonard, a celebrated conceptual artist whose work will appear at the Venice Biennale next week, has left Hauser & Wirth—a global gallery with 14 locations—to join Maxwell Graham, a smaller New York-based gallery known for spare conceptual presentations. Leonard will continue to be represented by her longtime galleries, Cologne’s Galeria Gisela Capitain and Milan’s Raffaella Cortese. Maxwell Graham staged its first Leonard exhibition last year with “Display,” featuring photographs of historical objects in museums. Leonard is the second artist to depart Hauser & Wirth in the past year, following George Condo’s exit in November.

Paul McCarthy: ‘The world is now an extreme absurdity. The work is a reaction to that’

Paul McCarthy, the 80-year-old American artist known for his transgressive critiques of consumer culture, has opened a new exhibition titled "SS EE Saint Santa Eva Elf" at Hauser & Wirth in Paris. The show features large-scale drawings and a six-channel video installation created during filmed performances with his long-term collaborator, German actress Lilith Stangenberg, who plays the Elf. McCarthy revisits his iconic Santa Claus motif, portraying him as a dark, psychotic figure—the "god of capitalism and consumption." The exhibition also includes earlier drawings made with Stangenberg at Bowman Hal gallery in Madrid. The interview reveals that McCarthy's home and studios in Los Angeles were destroyed by wildfires, resulting in the loss of art, drawings, notebooks, and books, and the cancellation of a planned London show.

Rare early photographs reveal lost sites featured in Van Gogh’s paintings

Two rare photographic albums taken by art critic Gustave Coquiot in 1922 have been acquired by the newly established Van Gogh Academy in Auvers-sur-Oise, France, and are now on display. The images capture many of the sites in Arles that Vincent van Gogh painted in the late 1880s, including the Yellow House, the Langlois Bridge, and the Rhône riverbank. Several of these locations were later destroyed during World War II or by modernization, making Coquiot's photographs valuable historical records of Van Gogh's original subjects.

Philadelphia Is Rich With Museums and Galleries. ‘Elsewhere’ Aims to Find Out If It Can Support an Art Fair

Philadelphia gallerist Megan Galardi is launching a new art fair called Elsewhere, set to debut June 4–6 at the Yowie Hotel on South Street. The fair will feature 27 exhibitors from cities including London, New York, and Philadelphia, with seven local dealers such as Fleisher/Ollman, Blah Blah Gallery, and Fjord. Galardi, who founded Blah Blah Gallery in 2023 and has participated in small New York fairs like Spring/Break and Future Fair, designed Elsewhere as a boutique, hotel-based event that offers a lower-cost, more intimate alternative to large-scale art fairs.

Montclair Art Museum Hires Esteemed Curator Kate Kraczon After Layoffs at Brown University

The Montclair Art Museum in New Jersey has appointed Kate Kraczon as its new chief curator, effective June 15. Kraczon previously served as director of exhibitions and chief curator at the David Winton Bell Gallery at Brown University, where she was laid off in late 2024 amid a wave of cuts. She succeeds Gail Stavitsky, who held the post since 1994. The museum also recently hired Todd Caissie, an enrolled member of the Osage Nation and former director of Canada’s New Brunswick Internment Camp Museum, as its director.

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.

The Venice Biennale’s Polite Fiction of Being ‘Above the Market’ Is Wearing Thin

The 61st Venice Biennale is underway, with art world figures flocking to Venice for the opening. While the Biennale is officially a non-selling curatorial platform, commercial interests are increasingly visible: galleries are funding artists' projects to recoup investments, auction houses like Christie's are hosting private selling exhibitions (including a 'Ghost Pavilion' at the Ca' Dario Palazzo), and fashion houses such as Bottega Veneta and Chanel are sponsoring events. Sotheby's has pulled support for the U.S. Pavilion, which is now crowdfunding, while Frieze is bankrolling the British Pavilion for a second time.

The Defining Themes of Today’s Biennial Art

The article analyzes the defining themes and styles of the past four years in the international biennial circuit, based on a survey of 130 biennials. It identifies a core group of artists who appeared most frequently, including Ali Eyal, Apichatpong Weerasethakul, Carolina Caycedo, Kapwani Kiwanga, and Tuan Andrew Nguyen, among others. Many of these artists are also featured in the upcoming 61st Venice Biennale curated by the late Koyo Kouoh. The piece categorizes their work under two broad themes: "Post-Colonial Post-Conceptualism," which involves poetic engagement with colonial history and artifacts, and "Families and Networks," where artists explore personal and political family histories.

Georg Baselitz, artist who turned painting upside down, 1938–2026

Georg Baselitz, the German painter, sculptor, and printmaker known for turning his canvases upside down, has died at age 88. Born Hans-Georg Kern in Saxony in 1938, he witnessed the bombing of Dresden as a child, an experience that shaped his artistic vision. Expelled from art school in East Berlin, he moved to West Berlin and adopted the name Baselitz. His first solo exhibition in 1963 was deemed obscene and confiscated. In 1969, he created his first upside-down painting, which became his signature. He rose to international prominence as a neo-expressionist in the late 1970s and 80s, represented Germany at the Venice Biennale in 1980, and continued working until his death. A recent series of his paintings will be shown at the Fondazione Giorgio Cini in Venice from May to September 2026.

Georg Baselitz, Lion of German Neo-Expressionism, Dead at 88

Georg Baselitz, the influential German Neo-Expressionist painter, printmaker, and sculptor, died on April 30 at age 88. His death was announced by Thaddaeus Ropac gallery, his longtime representative. Born Hans-Georg Kern in 1938 in Saxony, Baselitz was profoundly shaped by his childhood experience of war and the destruction of Nazi Germany. He was expelled from art school in East Berlin for "socio-political immaturity," moved to West Berlin, and adopted his pseudonym from his hometown. His first solo exhibition in 1963 was raided by police for obscenity, cementing his reputation as a provocateur. Known for his upside-down figures and fierce brushwork, he created series such as "Heroes" and "Fracture" that addressed trauma, violence, and the psychic toll of postwar life.

Metropolitan Museum of Art Announces $23M. Gift from Top 200 Collectors Jennifer Rubio and Stewart Butterfield

Jennifer Rubio and Stewart Butterfield, both listed on ARTnews's Top 200 Collectors, have pledged $23 million to the Metropolitan Museum of Art. Rubio, founder of Away, and Butterfield, co-founder of Flickr and Slack, made the donation just two months after Rubio became a Met trustee. The gift will fund the museum's internship program, ensuring all undergraduate and graduate internships are fully paid positions, building on a previous $5 million gift from Adrienne Arsht.

Timm Ulrichs, Pioneering Conceptual Artist, is Dead at 86

German conceptual artist Timm Ulrichs has died at age 86. His death on April 29 in Berlin was announced by the Kunstverein Hannover, where he was the oldest member. Ulrichs studied architecture before declaring himself a “total artist” in 1961, inspired by Kurt Schwitters. His provocative works included displaying himself as a living artwork in a glass case, running naked with a lightning rod, and spending hours inside a hollowed boulder. He also created concrete poetry, computer art, and copy art, and taught sculpture at the Kunstakademie Münster from 1972 to 2005. His work appeared in Documenta 6 and solo exhibitions at the Sprengel Museum Hannover and Kunstverein Hannover.

Botticelli under UK export ban purchased by Klesch Collection

A Botticelli painting, *The Virgin and Child Enthroned* (1470s), valued at £10.2 million, has been purchased by the Klesch Collection, a British private collection, after the UK government placed an export bar on the work in May 2025. The painting, which sold at Sotheby’s London in late 2024 for £9.7 million, will be loaned to the Ashmolean Museum in Oxford for three years, ensuring it remains in the UK.

German artist Georg Baselitz dies aged 88

German artist Georg Baselitz has died at age 88, as confirmed by the Thaddaeus Ropac gallery. Known for his expressive paintings and sculptures, Baselitz rose to prominence in the 1960s after a scandal over sexually symbolic works led to a high-profile court case. He pioneered painting canvases upside down from 1969 onward, a technique he used to grapple with German history and collective guilt. His work spanned six decades and included notable sculptures, such as a wooden figure at the 1980 Venice Biennale that appeared to perform a Nazi salute, which he later clarified was inspired by an African artifact. Baselitz achieved international acclaim in the 1980s and became one of Germany's highest-priced living artists, alongside Gerhard Richter.

A mind-bending Spaniard, an imagistic Puerto Rican and a lush Latvian – the week in art

This week's art roundup from The Guardian features a major exhibition on Spanish painter Francisco de Zurbarán at the National Gallery in London, described as a mind-bending and revelatory show with loans from the Prado and other top museums, positioning him alongside Goya and Picasso. Other highlights include Gilbert & George's tribute to their late homeless friend at their London centre, outdoor sculptures by Lynn Chadwick at Houghton Hall, thickly built-up paintings by Angel Otero at Hauser & Wirth Somerset, and abstract works by Latvian sculptor Daiga Grantina at Warwick Arts Centre. The article also covers a new Banksy statue in central London depicting a man marching with a flag, and a Masterpiece of the Week feature on Guido Reni's 'Saint Mary Magdalene'.

15 Art Shows to See in NYC This May

Hyperallergic's May 2025 guide to New York City art shows highlights 15 exhibitions, including a survey of Hawaiian Japanese-American artists from the Metcalf Chateau group at Ryan Lee Gallery, a retrospective of Malian photographer Seydou Keïta at the Brooklyn Museum, and Renée Green's multimedia project 'Secret' at Bortolami Gallery. The article also features Lynette Yiadom-Boakye's quietude-focused works, a meditation on grief and death, and a document of a city devastated by the AIDS crisis through portraits of inanimate objects, among other shows.

10 Ausstellungen, die Sie zum Gallery Weekend nicht verpassen sollten

The article highlights ten must-see exhibitions during Berlin's Gallery Weekend, curated by the editorial team of Monopol magazine. Featured shows include Jiyoon Chung's installation "Dead End" at Anton Janizewski, which explores perception and anxiety through subtle triggers; Giorgio Griffa's retrospective at Walter Storms Galerie, showcasing his poetic abstract paintings on un-stretched linen; Walid Raad's "Like a Rubber Rung on a Ladder" at Galerie Thomas Schulte, referencing the Lebanese Civil War with a crashed VW Beetle and graffiti; and Thomas Demand's exhibition at Sprüth Magers, where his photographs printed on copper plates reflect on current events like the Gaza war and climate change.

Gallery Weekend Berlin opens ranks as city faces identity crisis

Gallery Weekend Berlin (GWB) expands from 50 to 57 participating galleries in 2025, introducing a new section called Perspectives that features smaller, younger galleries previously excluded from the event. The 20-year-old event, which began with 21 dealers aiming to attract international collectors to Berlin, has grown into a major sales week for galleries. Perspectives includes galleries like Anton Janizewski and Persons Projects, with a reduced participation fee of €4,500 (half the usual €9,000), subsidized by the Berlin Senate. The selection committee invites galleries rather than accepting applications, a process that has faced accusations of elitism.

The Artists Who Ruled the Biennial Circuit Over the Last Four Years

Artnet News critic Ben Davis analyzed 130 recurring global art events—including biennials and triennials—that opened between the 2022 and 2026 Venice Biennales, tallying over 15,000 participating artists. He identified the most frequently featured artists, with Nolan Oswald Dennis topping the list at 14 biennial appearances. Dennis, a South Africa-based artist born in Lusaka, is known for works like "Black Liberation Zodiac" (2017-ongoing) and was included in the 2026 Venice Biennale curated by the late Koyo Kouoh.

Notes from New York: The World in a Convex Mirror

The article reviews the sixth edition of MoMA PS1's quinquennial survey 'Greater New York 2026,' which coincides with the institution's 50th anniversary. It highlights works by artists such as Covey Gong, Win McCarthy, Mekko Harjo, and Sophie Friedman-Pappas, noting how the exhibition's themeless structure and use of reflective surfaces create a hall of distorted reflections. The show includes 53 emerging and midcareer artists, mostly millennials, and is accompanied by a block party and gala rather than a dedicated commemorative exhibition like FORTY (2016).

Jarvis Cocker Is Bringing His Eclectic Eye to the Hepworth Wakefield

Musician Jarvis Cocker and his wife, creative consultant Kim Sion, will curate an exhibition titled “The Hodge Podge” at the Hepworth Wakefield in the U.K., opening in May 2027. The show will feature artworks selected by the couple that challenge conventional definitions of art, spanning diverse media and time periods, with artists including Peter Doig, Barbara Hepworth, Jeremy Deller, and Emma Kunz. The exhibition will be bookended by an immersive Dreamachine, a 1959 light-art device by Brion Gysin and Ian Sommerville. Cocker and Sion have outlined their curatorial philosophy in a Hodge Podge Manifesto, celebrating beauty in chaos and disorder.

How Latin American Artists Have Harnessed the Allure of Alchemy

A new exhibition titled “Constellations and Drifts: Art from Latin America in the FEMSA Collection” has opened at the Museum of Contemporary Art, Monterrey (Museo de Arte Contemporáneo de Monterrey) in Mexico, running through August 9, 2026. The show features 170 works by 115 Latin American artists from the FEMSA Collection, one of the most prestigious corporate collections of Latin American art, and is organized around five curatorial themes or “constellations,” including a section centered on alchemy. Highlights include works by Diego Rivera, José Clemente Orozco, Francis Alÿs, and a new commission by Argentine artist Ad Minoliti, alongside Surrealist pieces by Remedios Varo, Leonor Fini, Leonora Carrington, and Kati Horna.

The Great Lone Wolf of Art

Der große Einzelgänger der Kunst

Georg Baselitz, the German painter known for his radical, figurative works and iconic upside-down motifs, has died at age 88. Born Hans-Georg Kern in 1938 in Deutschbaselitz, Saxony, he fled East Germany for West Berlin in 1957 after being expelled from art school for "socio-political immaturity." Baselitz rose to international fame with his expressive, fractured depictions of the human figure, famously inverting his compositions starting with "Der Wald auf dem Kopf" (1969). He also worked as a stage and costume designer for operas by Harrison Birtwistle, György Ligeti, and Richard Wagner.

Zurbarán in London, the Carnegie International, Walter Sickert’s Ennui—podcast

This episode of The Art Newspaper's podcast covers three major art events opening this weekend. The largest career survey of 17th-century Spanish master Francisco de Zurbarán since the 1980s opens at the National Gallery in London, co-curated by Francesca Whitlum-Cooper. The 59th Carnegie International, titled "If the word we," opens at the Carnegie Museum of Art and other venues in Pittsburgh, directed by Eric Crosby. The Work of the Week is Walter Sickert's "Ennui" (c.1914), featured in the exhibition "Walter Sickert: Working Notes" at Charleston in Lewes, curated by Robert Travers of Piano Nobile in partnership with Charleston.