Christie’s Double-Header Totals $1.1 B., With Several Trophy Works Notching New Records

Christie’s held two evening sales on Monday—the S.I. Newhouse collection and a 20th-century art sale—that together generated $1.1 billion across 64 lots. The Newhouse tranche alone made $630.8 million, bringing the cumulative total of the collection to over $1 billion, making it likely the most expensive collection ever sold at auction after Paul Allen’s $1.7 billion blockbuster. Top lots included Jackson Pollock’s *Number 7A, 1948* at $181.2 million (the fourth most expensive painting ever sold at auction), Constantin Brâncuși’s *Danaïde* at $107.6 million, and a Mark Rothko work at $98.4 million.

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.

The 16 Most Expensive Artworks Ever Sold at Auction

ARTnews published an updated list of the 16 most expensive artworks ever sold at auction, highlighting recent record-breaking sales such as Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16), which fetched over $236.4 million at Sotheby's, and Jackson Pollock's *Number 7A, 1948*, which sold for well above its $100 million estimate at Christie's in May 2026 from the S. I. Newhouse collection. The article traces the history of top auction prices, including Vincent van Gogh's *Orchard with Cypresses* (1888), which sold for $117 million during the Paul Allen sale at Christie's in November 2022, part of a record $1.5 billion single-evening auction.

Pace Gallery Takes Representation of Brâncuși Estate Ahead of $100 M. Sculpture Coming to Auction

Pace Gallery has taken global representation of Constantin Brâncuși's estate, announced hours before a $100 million Brâncuși sculpture, Danaïde (1913), goes to auction at Christie's. The sculpture comes from the collection of S. I. Newhouse and is among the most expensive works in New York's marquee sales. The announcement coincides with a major retrospective of the artist, organized by the Centre Pompidou, currently at the Neue Nationalgalerie in Berlin and heading to the Museum of Modern Art in New York later this year.

‘The story can be almost as important as the piece itself’: philanthropist Christian Levett on his approach to collecting

Philanthropist and collector Christian Levett, who opened the Mougins Museum of Classical Art in 2011 in southern France, closed that institution in 2023 and replaced it with Female Artists of the Mougins Museum, reflecting his growing focus on abstraction by women artists. Levett, a former investment manager, now owns around 1,700 works spanning antiquity to contemporary art, with significant holdings in post-war American art, African cutting-edge works, and the Zero movement. He recently bought Françoise Gilot's 1942 painting 'Geneviève Pensive' privately through Christie's and will speak at Tefaf Talks in New York on a panel titled 'Collecting with a Mission for Public Access.'

The Most Expensive Jean-Michel Basquiat Works Ever Sold at Auction

ARTnews published a listicle ranking the most expensive Jean-Michel Basquiat works ever sold at auction, updated as of May 15, 2026. The article traces Basquiat's rise from street artist under the moniker SAMO to a major figure in the downtown New York scene, highlighting key relationships with Keith Haring, Diego Cortez, and curator Henry Geldzahler. It notes that Basquiat's entire mature output was created between 1981 and 1984, and that his 1983 painting *Museum Security (Broadway Meltdown)* sold at Sotheby's in May 2026 for $52.7 million, placing it among his top sales. The piece also details earlier top sales, including *Untitled* (1982) for $29.3 million at Christie's in 2013 and *Flesh and Spirit* (1982–83) for $30.7 million at Sotheby's in 2018.

The Most Expensive Works by Mark Rothko Sold at Auction

Mark Rothko's paintings continue to command top prices at auction, with a list of his most expensive works updated in May 2026. The article details sales including 'Orange, Red, Yellow' (1956), 'Untitled' (1952) for $66.2 million, 'White center (Yellow, pink and lavender on rose)' (1950) for $72.8 million, 'No. 1 (Royal Red and Blue)' (1954) for $75 million, and 'No. 10' (1958) for $81.9 million. It also notes that in May 2026, Rothko's 'Brown and Blacks in Reds' (1957) sold for $85.8 million at Sotheby's from dealer Robert Mnuchin's collection, narrowly missing the artist's record.

How Christie’s Recruited Nicole Kidman to Sell S.I. Newhouse’s $100 Million Brancusi

Christie's has released a promotional video featuring actress Nicole Kidman to advertise the upcoming auction of Constantin Brancusi's bronze sculpture *Danaïde* (1913), estimated at $100 million. The sculpture comes from the collection of the late media mogul S.I. Newhouse, who purchased it for $18.2 million in 2002. The nearly two-minute film, shot at Christie's Rockefeller Center headquarters, shows Kidman interacting with the work and was conceived by former Sotheby's auctioneer and Newhouse estate advisor Tobias Meyer. The sale is scheduled for May 18 in New York.

For young dealers, being in New York is key to surviving and thriving

The article examines how young art dealers in New York are adapting to the city's high costs and competitive market during the May art season. It highlights galleries like Europa, Esther, and Gordon Robichaux participating in multiple fairs simultaneously, such as Frieze New York and Independent New York, to maximize sales and visibility. Dealers like Pali Kashi and Silke Lindner emphasize strategic resourcefulness, with some sales already covering fair costs, while referencing artist Josh Kline's essay on how real estate pressures stifle artistic risk-taking.

Philadelphia’s New Art Fair Is Betting Big on Community

Philadelphia is set to launch a new contemporary art fair called Elsewhere on June 4, organized by Megan Galardi, founder of Blah Blah Gallery. The fair will take over the Yowie Hotel, a pair of 1900s rowhouses, featuring 26 galleries from cities including Los Angeles, Toronto, and London. Booth prices are kept low—around $3,000 for the largest rooms—and some exhibitors can sleep in their spaces to reduce costs. Participating galleries include Harlesden High Street, DARLA, and Blah Blah Gallery, with artists such as Patricia Renee’ Thomas, Emmanuel Massillon, and Qualeasha Wood. The fair also includes panels, DJ sets, reciprocal museum tours, and VIP studio visits.

film wealth consultant fanny pereire devil wears prada

Fanny Pereire is a fine art coordinator for film and television, responsible for curating the art seen in the homes and offices of fictional characters, particularly the ultra-wealthy. Her work spans productions like *The Devil Wears Prada 2*, *Succession*, *Industry*, and *The Menu*, where she sources, reproduces, and often destroys artworks to ensure authenticity and copyright compliance. She typically uses high-quality replicas for expensive pieces and oversees their destruction after filming.

Robert Mnuchin’s Rothko Sells at Sotheby’s for $85.8 M., Narrowly Missing a Record

A Mark Rothko painting, *Brown and Blacks in Reds* (1957), formerly owned by the late influential art dealer Robert Mnuchin, sold at Sotheby’s on Thursday night for $85.8 million. The work hammered at $74 million, falling short of the upper end of its $70–$100 million estimate, but with premium fees it became the second-most expensive Rothko ever sold at auction, narrowly missing the artist’s record of $86.9 million set by *Orange, Red, Yellow* (1961) in 2012. The painting was part of a sale devoted to Mnuchin’s collection, which also included works by Willem de Kooning, Pablo Picasso, Franz Kline, and Jeff Koons.

The Big Review | Lacma's David Geffen Galleries ★★★★

The Swiss architect Peter Zumthor's new $724 million building for the Los Angeles County Museum of Art (Lacma), now called the David Geffen Galleries, has opened after nearly two decades of anticipation. The swooping concrete-and-glass structure is praised for its harnessing of natural light and horizontality, creating a stunning showcase for antiquities and inviting the city inside with floor-to-ceiling windows offering views of the La Brea Tar Pits and Wilshire Boulevard. The building performs best with sculpture and decorative objects, with standout works including Liz Glynn's "The Futility of Conquest" (2023) and Manjunath Kamath's "Vikatonarva" (2024).

Rothko from Robert Mnuchin collection fetches US$85.8m, becoming artist’s second-priciest work at auction

A red-and-black Mark Rothko painting, *Brown and Blacks in Reds* (1957), sold for US$85.8 million at Sotheby’s New York on May 14, becoming the artist’s second-most expensive work at auction. The canvas came from the collection of Robert Mnuchin, a former Goldman Sachs partner turned gallerist, and was the star lot of a dedicated 11-lot evening sale that totaled US$166.3 million. The winning bid was placed by Sotheby’s chairman Helena Newman on behalf of a telephone client, with the hammer falling at US$74 million against an estimate of US$70–100 million. The painting was originally owned by Joseph E. Seagram & Sons and hung in the lobby of the Seagram Building, a landmark of corporate modernism designed by Ludwig Mies van der Rohe and Philip Johnson.

New residency in upstate New York will give Indigenous artists access to neon fabrication studio

Lite Brite Neon Studio in Kingston, New York, has partnered with the Walker Youngbird Foundation to launch Native Neon, a residency program providing Indigenous artists with access to neon fabrication. The inaugural recipient is Sarah Rowe, an enrolled member of the Ponca Tribe of Nebraska and of Lakota descent, who receives $50,000, a $10,000 stipend, and a week-long residency to create an immersive neon environment. The studio, known for collaborations with artists like Glenn Ligon and Jeffrey Gibson, aims to lower the technical and financial barriers to working with neon.

Christie’s S. I. Newhouse Sale Totals $630.8 M., Bringing Cumulative Total to $1 B.

Christie’s evening auction of 16 works from media magnate S.I. Newhouse’s collection totaled $630.8 million with fees, setting multiple records. The top lot was Jackson Pollock’s *Number 7A, 1948*, which sold for $181.2 million after a 10-minute bidding war, more than doubling Pollock’s previous auction record. Other highlights included Constantin Brâncuși’s *Danaïde* (ca. 1913), which set a new record for the artist at an undisclosed price above $82 million, and strong results for works by Joan Miró, Jasper Johns, and Pablo Picasso.

British billionaire's £200m art collection most expensive ever offered in UK

British billionaire Joe Lewis will sell a tranche of his art collection in a standalone sale at Sotheby’s in London this June, estimated at £150m–£200m. This makes it the most valuable single-owner collection ever offered in the UK, surpassing the Pauline Karpidas collection which totalled £101m. Highlights include Gustav Klimt’s *Bildnis Gertrud Loew* (est £20m–£30m), Amedeo Modigliani’s *Homme à la pipe* (est £12m–£18m), and Francis Bacon’s *Two Studies for Self-Portrait* (est £8m–£12m). The sale follows a smaller March auction of four works from the Lewis collection that focused on School of London artists.

Basquiat’s 'Museum Security' leads Sotheby’s New York contemporary evening sale at US$52.7m

Jean-Michel Basquiat's 1983 painting 'Museum Security (Broadway Meltdown)' sold for US$52.7 million at Sotheby's Now and Contemporary Evening Auction in New York, becoming the fifth-most expensive Basquiat ever auctioned. The work, estimated at over US$45 million and backed by an irrevocable bid, hammered at US$45.3 million to a telephone bidder represented by Sotheby's Lucius Elliott. The auction totaled US$266.8 million with fees, selling 40 of 44 lots, and combined with the preceding Robert Mnuchin collection sale—led by Mark Rothko's 'Brown and Blacks in Reds' at US$85.8 million—the evening brought in US$433.1 million.

Is the art market slump over?

Ist die Flaute im Kunstmarkt vorbei?

The New York spring auctions saw explosive top prices, with Jackson Pollock's drip painting "Number 7A" (1948) selling for $181.2 million at Christie's, making it the fourth most expensive artwork ever auctioned. Christie's evening sales alone generated $1.1 billion, including $630.8 million from 16 works from the S.I. Newhouse collection. Sotheby's opened the season with a Mark Rothko from the estate of dealer Robert Mnuchin, achieving $85.8 million, while Phillips sold all 40 lots for $115 million, double the previous year. Younger artists like Joseph Yaeger also saw prices far exceed estimates.

Opening of Berlin Modern postponed to 2030

L’ouverture du Berlin Modern repoussée à 2030

The opening of the Berlin Modern museum has been delayed to 2030 due to construction setbacks and cost overruns. According to German media outlet Monopol, the project has been plagued by humidity issues, including mold, algae, and bacteria on new surfaces, caused by winter dampness, concrete sensitivity, and faulty ventilation. Originally launched in 2019 with a planned opening in mid-2020, the museum's completion has been repeatedly pushed back, with costs soaring from an initial €200 million to over €500 million, making it the most expensive museum ever built in Germany. The building, designed by Swiss firm Herzog & de Meuron, is located at the Kulturforum and will house 20th-century art collections from the Nationalgalerie, the Marx Collection, the Pietzsch Collection, and holdings from the Kupferstichkabinett and the Kunstbibliothek.

Jackson Pollock painting sells for record $181m at Christie’s in New York

Jackson Pollock's painting *Number 7A, 1948* sold for a record $181.2 million at Christie’s in New York, becoming the fourth most expensive work ever sold at auction. The sale also saw record prices for works by Constantin Brâncuși, Mark Rothko, and Joan Miró, with Brâncuși's bronze head *Danaïde* fetching $107.6 million and Rothko's *No 15 (Two Greens and Red Stripe)* selling for $98.4 million.

The most expensive Mark Rothko paintings ever sold at auctions

The article lists the most expensive Mark Rothko paintings ever sold at auction, highlighting record-breaking sales such as *No. 6 (Violet, Green and Red)* (1951), which fetched $186 million in 2014, and *Orange, Red, Yellow* (1961), which sold for $86.9 million in 2012. Other notable works include *No. 1 (Royal Red and Blue)* (1954) at $75.1 million and *No. 10* (1958) at $81.9 million, demonstrating the enduring high demand for Rothko's abstract expressionist canvases in the secondary market.

Why Is Beeple So Successful?

The article examines the meteoric rise of artist Mike Winkelmann, known as Beeple, who broke auction records in 2021 by selling an NFT for $69.3 million at Christie's, becoming the third most expensive living artist. His robot dogs, featuring heads of figures like Elon Musk and Mark Zuckerberg, debuted at Art Basel Miami Beach and are now on view at Berlin's Neue Nationalgalerie during Gallery Weekend. The show, titled "Regular Animals," has sparked controversy, with critics like Markus Lüpertz denouncing the works as trivial entertainment unworthy of a museum, while curators Carolyn Christov-Bakargiev and Lisa Botti defend the exhibition.

Robot dogs with Elon Musk's head 'poo' AI art in bizarre exhibition

Artist Beeple (Mike Winkelmann) has installed "Regular Animals" at Berlin's Neue Nationalgalerie, featuring robot dogs with hyper-realistic silicone heads of Elon Musk, Mark Zuckerberg, Jeff Bezos, Andy Warhol, Pablo Picasso, and Beeple himself. The dogs roam the gallery and periodically "poo" printed images of their surroundings that have been transformed by artificial intelligence, with each dog's output reflecting the style of its figurehead—for example, the Picasso dog produces Cubist-style images. The work premiered at Art Basel Miami Beach 2025, where Beeple distributed the prints with certificates reading "100% organic GMO-free dog s**t" and QR codes for free NFTs.

Meet the Psychologist Who Reads People Through the Art They Live With

Dr. Dimitrios Tsivrikos, an academic psychologist at University College London, describes how he reads people's personalities and emotional states through the art they choose to display in their homes. In an interview with Artsy, he explains that the visual and emotional enrichment of one's environment—whether through expensive artworks or simple posters—reveals deeper psychological insights about the individual.

Art Basel's solution to PDF pre-sales? Ask galleries to reserve works until opening day

Art Basel has announced a new initiative called Basel Exclusive for its flagship Swiss fair in June 2025, asking participating galleries to withhold their most important or expensive works from all pre-fair previews, online viewing rooms, and publicity. Instead, these "marquee works" will be unveiled for the first time during the First Choice VIP preview on 16 June. The initiative aims to restore a sense of surprise and urgency, countering the trend of galleries pre-selling works to clients before the fair opens. Around 170 galleries have already signed up, including major names like Gagosian, David Zwirner, Hauser & Wirth, Pace Gallery, and Sadie Coles HQ.

Nicole Kidman's Billion-Dollar Breakfast at Christie's

Christie's held a record-setting evening sale on May 18, 2025, that generated over $1 billion, featuring a promotional video starring Nicole Kidman. Jackson Pollock's drip painting "Number 7A, 1948" sold for $181.2 million, nearly tripling the artist's previous auction record, while Constantin Brancusi's bronze bust "Danaïde" (c. 1913) fetched $107.6 million, becoming the second most expensive sculpture ever sold. The works came from the collection of late magazine magnate S.I. Newhouse, and a Rothko from Agnes Gund's collection also set a new artist record at $98.4 million.

The Future Will Be Neither Good Nor Bad, But Strange

"Die Zukunft wird nicht gut oder schlecht, sondern seltsam"

Mike Winkelmann, known as Beeple, has brought his "Regular Animals" series to the Neue Nationalgalerie in Berlin. The works feature digital creatures that blend pop-culture figures like Mark Zuckerberg with art-historical references such as Picasso, continuing Beeple's signature style of satirical, software-generated imagery. The exhibition marks a significant institutional debut for the artist, who rose to fame by selling the most expensive NFT ever and posting daily digital art online.

No money, more problems: 85% of US museums in urgent need of building repairs

A recent survey by the US Government Accountability Office (GAO) found that approximately 85% of US museums face a costly backlog of maintenance or building repairs, with 77% having at least one structural issue that puts their collections at risk. Based on a survey of around 300 museums and 17 site visits, the report reveals that institutions across the country struggle to keep buildings updated and safe due to a lack of funding, with challenges especially pronounced in rural and remote locations where shipping materials and finding skilled workers is prohibitively expensive. Many museums are housed in historic homes or sites that are part of their collections, adding further complexity, and smaller museums often lack the budget to address major problems like new roofs or HVAC systems.

Lee Jong-gu turns 'Pensive' in self-reflective solo exhibition at Hakgojae Gallery

Veteran Korean artist Lee Jong-gu, a key figure in the 1980s minjung art movement, has opened a solo exhibition titled "Pensive" at Hakgojae Gallery in Seoul. The show features 38 paintings that mark a shift from his decades-long focus on social realism toward a more contemplative approach, centering on the bangasayusang (contemplative bodhisattva figures) from the National Museum of Korea. Lee blends these sacred images with nude bodies, flames, and crowd scenes, drawing on the Buddhist concept of non-duality to explore themes of life, death, and the sacred versus the profane. The exhibition runs through June 20.