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.

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Sotheby's held a marathon double sale at its new Breuer Building location, selling Gustav Klimt's portrait of Elisabeth Lederer for $236.4 million—the second highest price ever paid for an artwork at auction. The evening featured works from the collection of the late cosmetics heir Leonard Lauder, totaling $527.5 million, far exceeding its low estimate. The subsequent "Contemporary and the Now" sale brought in $178.5 million, with a Jean-Michel Basquiat painting selling for $48.3 million. Overall, the night generated $706 million, with multiple auction records set for artists including Cecily Brown, Antonio Obá, Yu Nishimura, Jess, and Noah Davis.

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The New York art scene was bustling with events this week. The New York Botanical Garden held its annual Orchid Dinner at the Plaza Hotel, featuring elaborate floral designs and guests like Martha Stewart and Sigourney Weaver. Meanwhile, Sotheby's hosted the Art for Water benefit auction for the Waterkeeper Alliance, with works by Jeff Koons and Ed Ruscha, and the New Museum celebrated the opening of a major Raymond Pettibon exhibition.

one takeaway from art basel it remains a buyers market 2659059

Art Basel 2025 saw cautious buying despite optimistic statements from major dealers like Pace's Marc Glimcher, who claimed sales velocity was as vigorous as any year. However, collector attendance was thin, with American attendance down for the second year running due to trade tensions and geopolitical concerns. Deals were closing at 20 to 30 percent below asking prices, confirming a buyer's market. Sales ranged from a $245 collectible Labubu figurine by Kasing Lung to works by Wei Libo, Joyce Joumaa, Lonnie Holley, Joan Jonas, Hao Ling, Sarah Lucas, and Rosemarie Trockel, with most activity under $1 million.

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.

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Rosemarie Trockel, the elusive German artist known for her wildly varied and conceptually challenging work, is the subject of a rare profile in ARTnews. The article traces her emergence from the 1980s Cologne art scene, where she became notorious for refusing interviews and producing art that defies easy categorization—spanning knitting machines, video, sculpture, and drawing. A key photograph from her teenage years, showing her in a room plastered with celebrity cutouts, is presented as a rare origin story, though its authenticity is left ambiguous. The piece highlights her declared constants of "woman, inconsistency, reaction to fashionable trends" and her insistence that art should remain a process of discovery rather than a vehicle for fixed meaning.

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Top 200 Collector Steven A. Cohen has been revealed as the consignor of Maurizio Cattelan's golden toilet sculpture, *America* (2016), which will be auctioned at Sotheby's on November 18. The work, made of 18-karat gold and weighing over 100 kilograms, was purchased from Marian Goodman Gallery in 2017. It will be displayed in a bathroom at Sotheby's Breuer Building before the sale, with a starting bid expected around $10 million based on the price of its weight in gold. The piece has a notable history: one version was exhibited at the Guggenheim Museum, offered to the Trump White House as a loan alternative to a van Gogh painting, and another was stolen from Blenheim Palace in 2019, making Cohen's the only extant version.

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Palm Beach is emerging as a major art destination, bolstered by Miami's growing art scene. The article highlights key cultural attractions including the Norton Museum of Art, which underwent a Norman Foster-designed expansion in 2019 and features Dutch Golden Age masterworks from the Leiden Collection, as well as a growing contemporary collection. Other notable sites include the Flagler Museum (Whitehall), a Gilded Age mansion showcasing historic interiors and a private railcar, and the Bunker Artspace, a private museum founded by collector Beth Rudin DeWoody in a converted toy factory, displaying over 600 works from her collection.

forget blue chip art its a red chip art world now 2607301

The article introduces and defines the concept of "red-chip art," a new category of art collecting that rejects traditional art-historical reverence in favor of aesthetics rooted in street art, graffiti, super-flat cartoons, multi-colored chrome, and crypto culture. It describes red-chip collectors as mysteriously affluent millennials, techies, hip-hop visionaries, and crypto aspirants who gravitate toward artworks that resemble toys, limited-edition dolls, NFTs, and memecoins, often consumed at venues like the Eden Fine Art gallery at the Wynn in Las Vegas or parties during Art Basel Miami Beach. Key artists associated with this movement include KAWS, George Condo, Virgil Abloh, Tom Sachs, Alex Israel, Damien Hirst, Harmony Korine, Yoshitomo Nara, and Banksy, with Jeff Koons and Takashi Murakami seen as transitional "purple chip" figures.

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Three large-scale aluminum foil sculptures by John Chamberlain have been installed at Rockefeller Center in New York City, marking their first U.S. appearance. The works—BALMYWISECRACK (2011), FIDDLERSFORTUNE (2010), and RITZFROLIC (2008)—were scaled up from Chamberlain's original palm-sized foil sculptures with the help of fabricator Ernest Mourmans, whose workshop solved the structural challenges of recreating foil's texture in monumental form. The installation is presented by Mnuchin Gallery and coincides with a mini Chamberlain festival at Rockefeller Center this spring, with Christie's also exhibiting related works.

Shreg the green ogre, a grey obsessive and Vermeer’s boiled egg – the week in art

This week's art roundup from The Guardian highlights a range of exhibitions across the UK, including Bruce Asbestos's 'Bootleg Shreg 2' at Exeter Phoenix Gallery, a playful show featuring a green ogre that parodies copyright rules. Other notable shows include Roy Oxlade's primitive paintings at Alison Jacques, May Morris's craft legacy at Lady Lever Art Gallery, a 30-year anniversary group show at Timothy Taylor, and Alan Charlton's monochrome grey works at Annely Juda Fine Art. The article also features an image of a naturally sculpted rock on Kangaroo Island, a review of the Turner Prize nominees, and a masterwork analysis of Vermeer's 'The Guitar Player' at Kenwood House, which was stolen in the 1970s and recovered with the help of a clairvoyant.

How Josh Kline Wrote the Essay That the Art World Can’t Stop Talking About

Artist Josh Kline has sparked intense debate across the New York art world with his viral essay, "New York Real Estate and the Ruin of American Art," published in the journal October. The text serves as a scathing critique of the current state of the American art industry, diagnosing it as "sick" due to skyrocketing real estate costs, systemic power imbalances, and a market that has become an unsustainable "conveyor belt" of commercial painting. Kline argues that the economic pressures of post-pandemic New York have made the city a hostile environment for experimental and conceptual practices.

christies takes 690 m at fall curtain raiser art basel hong kong announces 2026 details and more morning links for november 18 2025 1234762067

Christie’s opened New York’s fall marquee auctions with a $690 million evening sale across 79 lots, surpassing the pre-sale low estimate of $534.7 million. The doubleheader included the Robert and Patricia Ross Weis collection, featuring works by Picasso, Matisse, Mondrian, and Rothko, followed by a 20th-century sale. The auction achieved a 97% sell-through rate by value and a 96% by lot, marking a 41% increase from May’s auctions. Separately, Sperone Westwater gallery announced it will close after 50 years, and Art Basel Hong Kong revealed details for its 2026 edition featuring 240 galleries.

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Sperone Westwater, a pioneering New York gallery that launched artists like Bruce Nauman, Richard Long, and Francesco Clemente, will close on December 31 after 50 years. Co-founders Angela Westwater and Gian Enzo Sperone are pursuing separate endeavors. The gallery’s final show is a current exhibition for Long, and it will still participate in Art Basel Miami Beach next month. Founded in 1975 in SoHo, the gallery was known for championing Neo-Expressionism and transavanguardia, and later diversified its roster with artists like Joana Choumali and Gamaliel Rodriguez. Its eight-story Bowery building, designed by Norman Foster, faces an uncertain future.

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The article reports on the inaugural Bukhara Biennial in Uzbekistan, titled "Recipes for Broken Hearts," which opened in the historic 16th-century Khoja Gavkushon complex. Curated by Diana Campbell, the biennial features over 70 projects spanning 500 meters of public space, including works by artists Subodh Gupta, Laila Gohar, and Carsten Höller. The exhibition embraces the local environment—sun, wind, and dust—as collaborators, rejecting the sterile white cube model. Food is a central theme, with communal plov parties, performative cooking sessions, and installations like Gohar's edible rock sugar pavilion. The biennial runs through November 20.

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Frieze London 2025 opened with strong VIP preview sales, as major galleries reported brisk business by early afternoon. Thaddaeus Ropac sold a Robert Rauschenberg work for $850,000 and a Tony Cragg sculpture for $420,000, while Hauser & Wirth moved multiple pieces including a George Rouy for £275,000 and an Ellen Gallagher for $950,000. Gagosian sold a new Lauren Halsey sculpture before noon, and White Cube reported six sales. The fair's layout, which places mega-galleries at the back to encourage foot traffic to smaller booths, returned by popular demand.

A Dutch museum has just put its fake Van Gogh on show

The Kröller-Müller Museum in Otterlo has broken traditional museum protocol by placing a known forgery, "Seascape at Saintes-Maries-de-la-Mer," on public display. Acquired in 1928 by museum founder Helene Kröller-Müller from the notorious Berlin dealer Otto Wacker, the painting was eventually exposed as a fake created by Wacker’s brother, Leonhard. The exhibition, which runs until June 21, coincides with a new podcast detailing the history of the acquisition and the subsequent fraud trial that rocked the art world in the 1930s.

The story behind Iran’s only Van Gogh: ‘At Eternity’s Gate'

A rare, inscribed lithograph by Vincent van Gogh, 'At Eternity's Gate,' resides in the collection of the Tehran Museum of Contemporary Art. The work, one of only seven surviving examples, was acquired in 1975 by Farah Pahlavi, the wife of the Shah of Iran, for the museum. It passed through notable hands, including those of US Vice President Nelson Rockefeller, before arriving in Tehran just before the 1979 Iranian Revolution.

Duchamp in New York

The Museum of Modern Art (MoMA) has launched a major solo exhibition dedicated to Marcel Duchamp, marking the artist's first comprehensive survey in New York City in over 50 years. The exhibition explores Duchamp’s revolutionary impact on modern art, featuring iconic works and archival materials that trace his history from the 1913 Armory Show to his later years in New York. The opening is complemented by a broader "Duchamp spring" in the city, including a forthcoming exhibition of his readymades at Gagosian.

Hiba Schahbaz: The Garden

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Hiba Schahbaz is the subject of her first major museum retrospective, "The Garden," at the Museum of Contemporary Art, North Miami. Curated by Jasmine Wahi, the exhibition features 80 works spanning 15 years, tracing the artist's evolution from traditional Indo-Persian miniature painting in Lahore to her current large-scale practice in Brooklyn. The show highlights her recurring use of the female nude—often a stylized self-portrait—navigating mystical landscapes filled with Sufi poetry, mythical creatures, and art historical references.

here are 11 must see gallery shows this armory art week 2529767

Artnet News highlights 11 must-see gallery shows during Armory Art Week in New York City, running from September 5 to October 26, 2024. Featured exhibitions include Gina Beavers' 'Divine Consumer' at Marianne Boesky Gallery, where she presents semi-sculptural relief paintings inspired by internet blankets and towels; Jenny Holzer's 'Words' at Sprüth Magers, showcasing her text-based works from the 1980s to present, including a new AI-generated LED installation; 'Radical Artists of the 1960s/1970s: Between Geometry and Gesture' at David Nolan, featuring works by Barry Le Va, Bruce Nauman, and others; and Stephen Thorpe's 'Dream House' at Dimin, with oil paintings of interiors merging into dreamlike landscapes.

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Artist Christian Marclay is interviewed at Berlin's Neue Nationalgalerie ahead of his exhibition "The Clock," a 24-hour single-channel video installation that runs through January 25, 2026. The artwork is a meticulously edited collage of film clips, each showing a timepiece or time-related action, synchronized in real-time so that the film's time matches the viewer's actual time. Marclay discusses his long-standing interest in time, the project's origins in the early 2000s, and his process of deconstructing and linking found footage, emphasizing the crucial role of sound in smoothing transitions.

8 controversies that rocked the art world in 2025 2728947

Artnet News rounds up eight major controversies that shook the art world in 2025, including a brazen theft of crown jewels from the Louvre Museum in Paris, which exposed severe security gaps and led to a staff strike. Another key scandal involves a lawsuit filed by heirs of the Stern family against the Metropolitan Museum of Art and the Basil and Elise Goulandris Foundation, alleging that a Van Gogh painting was looted by the Nazis and later concealed through a series of transactions in New York.

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Artnet News published an alphabetical in memoriam list commemorating art world figures who died in 2024, including printmaker Norman Ackroyd, museum director Hope Alswang, sculptor Carl Andre, curator and writer David Anfam, painter Frank Auerbach, and gallerist Patti Astor. Each entry includes a brief tribute highlighting their key achievements and contributions, such as Ackroyd's meticulous printmaking techniques, Alswang's diversification of the Norton Museum of Art's collection, Andre's foundational role in Minimalism, Anfam's influential scholarship on Abstract Expressionism, Auerbach's distinctive painterly style, and Astor's pioneering East Village gallery.

8 new york gallery shows were excited about right now 2715841

Artnet News highlights eight winter gallery shows in New York City, including Ragnar Kjartansson's video installation "Sunday Without Love" at Luhring Augustine, featuring the artist and collaborators in folk costumes chanting a comedic line about living without love, and Louise Bourgeois's exhibition "Gathering Wool" at Hauser & Wirth, which explores themes of motherhood and abstraction through video, sculpture, and performance. Other notable shows include Jordan Casteel's floral canvases at Casey Kaplan and Geoffrey Holder's pulsing paintings at James Fuentes.

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Sperone Westwater, the venerable New York gallery that celebrated its 50th anniversary two months ago, will close as an entity on December 31, 2025. Co-founders Angela Westwater and Gian Enzo Sperone have decided to pursue separate endeavors, affecting 28 artists and estates. The gallery, known for representing legends like Bruce Nauman and David Lynch, will continue its current Richard Long show through December 13 and attend Art Basel Miami Beach as planned. The closure follows months of rumors and comes as both partners are in their 80s.

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Artnet News and Morgan Stanley have released a report analyzing the global art auction market across four major cities—London, Paris, Hong Kong, and New York—over the period from 2013 to 2023. Total auction sales for the first half of 2024 fell to $5.05 billion, down from $7.17 billion in the same period of 2023. The report highlights a dramatic 49 percent decline in London's auction sales following the 2016 Brexit vote, while New York has maintained its dominant position, driven by blockbuster collections like those of Peggy and David Rockefeller and Paul G. Allen. Hong Kong saw growth until the Chinese property crisis in 2022, and Paris has gained ground post-Brexit, with sales up 30 percent over 2013.

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Christie's will auction over 100 objects from Maurice Sendak's personal collection on June 10, 2025, at Rockefeller Center, with an online component from May 29 to June 10. The sale includes works by Dürer, Rembrandt, David Hockney, Pablo Picasso, George Stubbs, and William Blake, as well as rare editions of Blake's *Songs of Experience* (1794) and *Songs of Innocence* (1789), a vintage Mickey and Minnie Mouse tinplate toy, and 30 lots by Sendak himself, including a first-edition cover of *Where the Wild Things Are* (1963). Proceeds will support the Sendak Fellowship residency program at the Sendak Foundation in Ridgefield, Connecticut.

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In late April 2018, the Baltimore Museum of Art announced a plan to deaccession seven works by white, male postwar artists to fund acquisitions of works by African American and female artists. Since then, the San Francisco Museum of Modern Art and the Art Gallery of Ontario have adopted similar diversity-focused deaccessioning strategies, selling works at auction to diversify their collections. The BMA sold pieces by Franz Kline, Kenneth Noland, and Andy Warhol at Sotheby's, using proceeds to acquire works by artists including Jack Whitten, Lynette Yiadom-Boakye, and Amy Sherald. SFMOMA is deaccessioning a Mark Rothko painting estimated at $35–50 million, while the AGO is selling 20 works by A.Y. Jackson through Heffel Fine Art Auction House.

An Audacious $724 Million Building Reinvents LACMA

The Los Angeles County Museum of Art (LACMA) has unveiled the David Geffen Galleries, a $724 million architectural feat designed by Peter Zumthor. This massive, horizontal structure spans over Wilshire Boulevard, replacing several older buildings with a single, elevated concrete form. The new space abandons traditional chronological and geographical silos in favor of rotating, thematic displays that integrate the museum’s diverse encyclopedic collections.