Rare ‘Ocean Dream’ Diamond Sells for Record $17.3 Million at Christie’s

A rare 5.5-carat blue-green diamond known as the 'Ocean Dream' sold for $17.3 million at Christie’s Geneva jewelry sale, setting a record for a fancy vivid blue-green diamond at auction. The sale far exceeded its presale estimate of $9 million to $13 million after a 20-minute bidding battle. In other auction news, Sotheby’s New York sold over $433 million worth of art in its contemporary art sales, including 11 pieces from the Robert Mnuchin collection. Meanwhile, London’s Wellcome Collection agreed to return around 2,000 sacred Jain manuscripts to the Jain religious community under a new restitution framework, acknowledging they were acquired unethically. Several art fairs were announced, including Zero 10 curated by Trevor Paglen at Art Basel in Switzerland, CAN Art Fair Ibiza’s fifth edition, and Art-o-rama’s 20th edition in Marseille. Notable gallery news includes the bankruptcy and closure of French gallery Air de Paris after 36 years, and Carine Karam becoming director of Opera Gallery’s New York outpost. Hong Kong’s M+ and Paris’s Centre Pompidou announced a multi-year strategic alliance, and New York’s Frick Collection entered a three-year partnership with Louis Vuitton.

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.

frieze los angeles art world grief hope

The Los Angeles art scene is navigating a complex recovery as it prepares for Frieze Los Angeles 2026. The city is grappling with the lingering trauma of devastating wildfires that destroyed significant private collections, alongside economic instability caused by massive layoffs in the entertainment industry and recent political unrest. This combination of environmental and financial crises has led to a notable market downturn, resulting in the closure of several high-profile galleries including Blum, Tanya Bonakdar, and Sean Kelly.

Louise Nevelson Sculpture at Long Island Synagogue for Sale

louise nevelson sculpture long island synagogue for sale

Temple Beth El, a synagogue in Great Neck, New York, has announced the sale of a monumental 55-foot-long Louise Nevelson sculpture titled "The White Flame of the Six Million." Commissioned in the 1960s as a Holocaust memorial and functional Torah ark, the white-painted wood installation has served as the centerpiece of the congregation's sanctuary for over 50 years. Due to dwindling membership and a decision to sell the synagogue property, the congregation is seeking a new home for the massive work.

2025 art obituaries

Artnet News has published its annual roundup of art world figures who died in 2025, honoring a diverse range of individuals including museum directors, painters, curators, philanthropists, and an archaeologist. Among those remembered are Julia Alexander, former director of the Yale Center for British Art; Sylvain Amic, recently appointed to lead the Musée d'Orsay; philanthropist Wallis Annenberg; abstract painters Timothy App and Jo Baer; curator Leonid Bazhanov; and Tony Bechara, painter and former director of El Museo del Barrio.

yves klein blue painting christies paris

Christie’s has secured a monumental Yves Klein painting, *California (IKB 71)*, for its October 23 sale in Paris. Measuring 14 feet wide, it is the largest format the artist ever made in his signature International Klein Blue (IKB) and carries an estimate of €16–25 million ($18–29 million). The work was created in 1961 and has a newly uncovered provenance: after being shown in Los Angeles at Virginia Dwan’s gallery, it stopped in New York for an exhibition with dealer Leo Castelli before returning to Paris. It has been in a New York collection since 2005 and was on long-term loan to the Metropolitan Museum of Art from 2005 to 2008.

dynamo room uffner lius frieze wet paint

Artnet News's 'Wet Paint' gossip column reports from Frieze Week in New York, noting a prevailing cultural pessimism fueled by essays on the death of culture and the impact of the second Trump administration. Amidst this, Jeff Koons's 'Hulk Elvis' sculptures at Gagosian's Frieze booth (priced at $3 million each, with one sold) offered a perverse relief. The column also highlights the second edition of the Esther art fair at the Estonian House, described as an 'aura fair' prioritizing community and a welcoming environment over strict commercial focus, contrasting with the more predictable Frieze fair.

paint drippings art industry news may 12

This week's art industry roundup covers major auction activity, including Christie's $250 million sale of Barnes and Noble founder Len Riggio's collection, and Sotheby's postponement of an ancient Buddhist gemstone auction after criticism from academics and India's Ministry of Culture. Frieze New York, recently sold to Ari Emanuel, reported strong sales with a $3 million Jeff Koons sculpture at Gagosian, while Gagosian's TEFAF New York booth featuring Anna Weyant's jewelry-themed paintings sold out. Other news includes Céline Assimon's appointment as chief commercial officer at Bonhams, the Spring Break Art Show's return, and gallery representation changes.

can slimmed down expo chicago still throw weight around

The 15th edition of Expo Chicago, scheduled for April 9–12, marks a significant transition as the fair's first outing under new director Kate Sierzputowski and its third since being acquired by Frieze. The upcoming edition features a streamlined roster of approximately 130 galleries, a 25 percent decrease from previous years. While blue-chip giants like Gagosian and Zwirner are absent, the fair maintains a strong lineup including Karma, Michael Rosenfeld Gallery, and local mainstays like Monique Meloche, complemented by satellite events and a high-profile benefit directed by Maurizio Cattelan.

Agosto Machado, Artist and Activist Whose Shrine Sculptures Kept Queer History Alive, Has Died

Agosto Machado, an artist and activist central to New York's Downtown scene and a participant in the 1969 Stonewall uprising, has died following a brief illness. His gallery, Gordon Robichaux, announced his passing but, respecting his wishes, did not disclose his age. Machado was known for creating intricate shrine sculptures from collected ephemera to honor figures from his community, and one of these altars is currently featured in the 2024 Whitney Biennial.

Harmony Korine Makes Sense of His Shape-Shifting Art: ‘It’s Really One Whole Work’

Harmony Korine's first-ever U.S. retrospective, titled "Perfect Nonsense," has opened at the Institute of Contemporary Art, Miami. The exhibition gathers over 50 pieces spanning his career, including adolescent writings, zines, collages from the 1990s, figurative paintings, and recent works using game engines. Korine, known for transgressive films like *Gummo* (1997) and *Spring Breakers* (2012), also founded EDGLRD, a studio producing experimental content with cutting-edge tech, such as his 2023 project *AGGRO DR1FT*, which premiered at the Venice International Film Festival.

Chicago’s Obama Presidential Center has art at its core

The Obama Presidential Center is set to open on Chicago’s South Side on June 19, 2026. The $850m institution, designed by Tod Williams Billie Tsien Architects, features more than 25 site-specific contemporary art commissions integrated into its architecture and 19.3-acre campus. Ahead of the opening, the museum has partnered with Expo Chicago to preview these works, which include monumental contributions from artists such as Julie Mehretu, Mark Bradford, and Nick Cave.

frieze los angeles city guide

Frieze Los Angeles returns to a city landscape significantly altered by both commercial development and recent environmental tragedy. While blue-chip galleries like David Zwirner, Marian Goodman, and Lisson have established new strongholds in districts like Melrose Hill and Hollywood, the local community is simultaneously reeling from devastating January wildfires that displaced numerous artists and collectors. This guide provides a strategic roadmap for navigating the sprawling city's geography, highlighting key exhibitions such as Bruce Nauman at Marian Goodman and a 90-artist benefit show for fire victims.

fog design art fair san francisco sales 2026 jack whitten

The FOG Design+Art fair in San Francisco opened with a glitzy preview gala at Fort Mason Center, serving as a fundraiser for SFMOMA's education initiatives. VIP tickets started at $10,000 for the first hour, and by 7 p.m., the event filled to capacity as prices dropped to $250. Dealers reported a different energy this year, partly due to the recent Los Angeles wildfires affecting many participating galleries. Sales were strong, with New York dealer Ales Ortuzar selling multiple works by Suzanne Jackson in the first few hours. Local collector Sonya Yu, a recent ARTnews Top 200 listee, highlighted the resilience and sophistication of the Bay Area art community.

fog fair san francisco komal shah

At the opening of San Francisco's FOG Design and Art fair, prominent collector Komal Shah navigated the crowded aisles, stopping to chat with a who's who of the Bay Area art scene, including FOG founder Stanlee Gatti, ICA San Francisco director Ali Gass, and SFMOMA director Christopher Bedford. Shah, known for her collection focused on women artists, was scouting works with a handwritten list, considering pieces by Ruth Asawa and Joan Brown, though she passed on a $425,000 Asawa sculpture. The fair's gala serves as a fundraiser for SFMOMA, and Shah's collection is currently on view at the Berkeley Art Museum and Pacific Film Archive in the exhibition "Making Their Mark: Works from the Shah Garg Collection."

smithsonian funding white house review

The Smithsonian Institution faces a deadline to submit internal communications and exhibition materials to the White House as part of President Donald Trump's review aimed at eliminating so-called 'woke' ideology. Smithsonian Secretary Lonnie G. Bunch III has begun turning over documents from several galleries on a rolling basis, and the National Portrait Gallery has already complied by replacing Trump's portrait with a new photograph and removing mentions of his two impeachment trials from the wall text. The review, launched in August 2025, targets eight museums including the National Museum of African American History and Culture and the Hirshhorn Museum, following an April executive order titled 'Restoring Truth and Sanity to American History.'

in memoriam 2024

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.

artists homes los angeles fires

On January 7, 2025, the Palisades and Eaton Fires erupted in Los Angeles, fueled by drought and Santa Ana winds exceeding 90 mph, destroying over 12,000 structures. The fires devastated Pacific Palisades and Altadena, including the homes and studios of numerous artists, collectors, and art professionals. The Getty Center and Getty Villa were under evacuation but remained safe. Artist Paul McCarthy lost three family homes and his son's editing studio, while many others like Christina Quarles, Analia Saban, and Ruby Neri also suffered losses.

food bukahra biennial recipes broken hearts diana campbell

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.

upstate art weekend 2025 go to guide

The sixth edition of New York's Upstate Art Weekend, founded by Helen Toomer in 2020, runs July 17–21 across the Catskills and Hudson Valley, featuring 158 participating art organizations—a dramatic increase from 23 in its first year. Highlights include a Kishio Suga solo show at Dia Beacon, Sonia Gomes's first U.S. outdoor installation at Storm King Art Center, a group exhibition of seven women artists at Toomer's new project space Upbringing, Tomokazu Matsuyama's homage to Edward Hopper at the Edward Hopper House Museum, and a comparative show of Georgia O'Keeffe and Thomas Cole at the Thomas Cole National Historic Site.

andrew cuomo zohran mamdani mayoral campaign donations

Former New York governor Andrew Cuomo relaunched his New York mayoral campaign as a third-party candidate on July 14, after losing the Democratic primary to Zohran Mamdani by 12 points on June 24. A recent ARTnews data analysis reveals that prominent art world figures have donated to both campaigns, with Cuomo receiving contributions from Christie's executives, Phillips and Sotheby's staff, Gagosian directors, art dealers, and museum leaders, while Mamdani drew support from foundation directors, museum curators, gallery directors, and numerous artists. The pro-Cuomo super PAC Fix the City received $5 million from billionaire Michael Bloomberg and $250,000 from Top 200 collector Daniel Loeb, while the pro-Mamdani super PAC raised about $1.4 million.

gerbil art museum london

Filippo Lorenzin, an independent curator at London's Victoria and Albert Museum, and artist Marianna Benetti built a miniature art museum for their pet gerbils, Pandoro and Tiramisu, during lockdown. The couple spent four hours constructing the tiny gallery from cardboard, paper, and wood, featuring rodent-themed parodies of famous artworks including Gustav Klimt's *The Kiss*, Johannes Vermeer's *The Girl With the Pearl Earring*, Leonardo da Vinci's *Mona Lisa*, and Edvard Munch's *The Scream*. They filmed the gerbils exploring the space and shared the footage on Reddit, where it quickly went viral.

the pioneer works gala 2025

The Pioneer Works Village Fete, held on May 6 in Red Hook, Brooklyn, raised $1.4 million for the nonprofit arts institution. The event featured speeches by Austin Hearst (filmmaker and grandson of the media baron, whose wife Gabriela Hearst was lead sponsor) and founder Dustin Yellin, who also celebrated his 50th birthday. Attendees included Claire Danes, Darren Aronofsky, Fred Wilson, Maggie Rogers, and Moses Sumney, with a performance by David Byrne. The benefit auction included works by Derrick Adams and Nate Lewis, and party favors were provided by Gotham, a cannabis company.

eva hesse painting goodwill christies

New York appraiser and art dealer Glenn Spellman discovered an abstract painting signed "E.H." on the Goodwill thrift store website last fall. Suspecting it might be by Eva Hesse, he enlisted his sister Kara Spellman, director of estates and acquisitions at Hollis Taggart gallery, who confirmed the painting's authenticity by consulting the artist's catalogue raisonné at the Metropolitan Museum of Art's library. The painting, titled *Landscape Forms* (1959), was acquired for $40,000 and will be auctioned at Christie's New York on May 15 with an estimate of $60,000–$80,000. A second Hesse work, *No title* (1964–65), will be offered at Phillips New York the previous day.

ruth asawa retrospective sfmoma review

Ruth Asawa's first retrospective at the San Francisco Museum of Modern Art in 1973 featured a communal "dough-in" where children made art from baker's clay, a practice that drew skepticism from some onlookers. Now in 2025, SFMOMA presents a larger retrospective of Asawa's work, showcasing her wire sculptures, drawings, and playful, community-oriented art. The exhibition, organized by SFMOMA's Janet Bishop and MoMA's Cara Manes, will travel to the Museum of Modern Art in New York, the Guggenheim Bilbao, and the Fondation Beyeler.

paris noir exhibition centre pompidou

The Centre Pompidou in Paris has opened "Paris Noir: Artistic circulations and anti-colonial resistance 1950–2000," a landmark exhibition featuring 350 works by 150 largely underrecognized Black artists active in postwar Paris. The show includes paintings, sculptures, films, photographs, and archival materials, highlighting artists such as Georges Coran, Ed Clark, Beauford Delaney, Mary Lovelace O’Neal, and Ming Smith, and explores themes of Afro-Atlantic abstraction, Surrealism, anti-colonial activism, and jazz's influence on visual art.

California’s High Desert Is Rich With Natural and Artistic Beauty—All Amplified by a Budding Art Fair

The fifth annual High Desert Art Fair (HDAF) took place at the Pioneertown Motel in California's High Desert, featuring 20 galleries, nonprofits, studios, and publishers. Founded by Nicholas Fahey of Fahey/Klein Gallery and artist manager Candice Lawler, the fair leverages the area's existing artistic community and natural beauty to attract visitors from Los Angeles and beyond.

The 11 Exhibitions to See in May 2026

ArtReview's editors have curated a list of 11 must-see exhibitions worldwide for May 2026, excluding Venice. Highlights include Audie Murray's solo show at april april in Pittsburgh, featuring works made with her own hair and breast milk; Delcy Morelos's monumental earthwork 'origo' at the Barbican Sculpture Court in London; and Bold Tendencies' 20th anniversary season in Peckham, titled 'Euphoria', with new commissions across multiple disciplines.

Aspen Art Fair Names More Than 35 Exhibitors for 2026 Edition at Hotel Jerome

The Aspen Art Fair has announced more than 35 exhibitors for its third edition, returning to the Hotel Jerome from July 29 through August 1, 2026. This will be the first edition under director Kelly Cornell, who also leads the Dallas Art Fair. Newcomers include Albertz Benda, Friedman Benda, Library Street Collective, Monique Meloche Gallery, and R & Company, alongside returning galleries such as Marianne Boesky Gallery, Perrotin, Sean Kelly, and Galerie Gmurzynska. The fair will debut an outdoor sculpture garden and continue its Art Prize Program with residencies and commissions through Anderson Ranch Arts Center and Buckhorn Public Arts. It also coincides with the AIR festival organized by the Aspen Art Museum and partners with the Aspen Education Foundation to support local student artists.

Dallas Art Fair brings Texas's relationship-driven collecting community into focus

The Dallas Art Fair has returned for its 2026 edition, signaling a period of stability with approximately 90 exhibitors and a higher retention rate than previous years. The fair continues to serve as a vital hub for the North Texas collecting community, characterized by a deliberate, relationship-driven approach to acquisitions. Notable activity included the Dallas Museum of Art's acquisition of six works for its permanent collection, including pieces by Nicole Eisenman and Raymond Saunders, funded through a $100,000 partnership with the fair's foundation.