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basquiat ruscha sothebys now contemporary art sale may 2025 1234742440

Sotheby's three-part evening sale in New York on Thursday generated $186.1 million across 68 lots, landing near the high end of its $141 million to $204.9 million estimate. The sale included a focused 12-lot offering from the collection of late gallerist Barbara Gladstone, which sold all works without guarantees and totaled $18.5 million, and a 15-work guaranteed sale from dealer Daniella Luxembourg featuring postwar Italian artists, where Lucio Fontana's 'Concetto spaziale, La fine di Dio' (1963) achieved $14.5 million and Michelangelo Pistoletto's 'Maria Nuda' (1969) sold for $2.7 million after a five-minute bidding war.

10 nudes take home a nude benefit 1104794

The New York Academy of Art held its 26th annual "Take Home a Nude" benefit auction at Sotheby's Upper East Side headquarters, honoring artist John Alexander. The event featured 112 artists, including Ryan McGinness, Natalie Frank, Christo, Eric Fischl, and Kiki Smith, who each donated unique drawings made from the same nude models during Will Cotton's annual Drawing Party. The party, hosted at Cotton's studio, brought together New York artists to sketch live models, with this year's theme featuring the sons and daughters of art-world figures like Glenn O'Brien, Jeanne Greenberg Rohatyn, Anne Pasternak, and Barbara Gladstone posing alongside the nudes.

barbara gladstones 12 million chelsea townhouse is for sale 2655218

The Chelsea townhouse of legendary art dealer Barbara Gladstone has been listed for sale at just under $12 million. The Greek Revival row house on West 22nd Street, which Gladstone purchased for $6.3 million in 2011, was extensively renovated by architect Annabelle Selldorf, who also designed Gladstone's two Chelsea galleries. The five-bedroom, five-bathroom property features a curving skylit staircase and floor-to-ceiling windows overlooking a garden. The listing is held by Compass agent Scott Hustis.

Sotheby’s Closes Marquee Week With $186.1M in Contemporary Sales

Sotheby’s closed its May marquee auction week with $186.1 million in combined contemporary sales across three sessions on May 16. The evening began with a white-glove sale of 12 works from Barbara Gladstone’s personal collection, fetching $18.8 million, followed by a $40.4 million sale from Daniella Luxembourg’s collection, which signaled revived appetite for Italian postwar art. The main Contemporary Evening Auction saw strong bidding for emerging artists like Danielle Mckinney and Mohammed Sami, though some high-profile lots like Richard Prince’s Man Crazy Nurse fell short of estimates.

barbara gladstone gallery chelsea townhouse sold 13 million 1234750511

The Chelsea townhouse of the late gallerist Barbara Gladstone sold for $13.1 million, over $1 million above its $11.99 million asking price, in an all-cash deal that closed on August 27. The 19th-century Greek Revival row house at 344 W. 22nd St was purchased by an unnamed buyer, with brokers Scott Hustis and Mark Jovanovic of Compass reporting the sale set a record per square foot for a Chelsea townhouse. Gladstone, who founded the Gladstone Gallery in 1980 and became one of New York's most prominent dealers, died in June 2024 at age 89. She had bought the property in 2011 for $6.3 million. Architect Annabell Selldorf designed the current iteration of the 4,395-square-foot home, and Piet Oudolf designed its garden. The home featured gallery-like Venetian plaster walls and white oak floors that showcased works from Gladstone's private collection.

sothebys contemporary art auction report 2645705

Sotheby's held a three-part marathon of contemporary art auctions in New York on Thursday evening, totaling $186.1 million with fees across 68 lots. The evening included white-glove sales for the collections of legendary dealer Barbara Gladstone and veteran dealer Daniella Luxembourg, with the Gladstone offering exceeding its presale estimate. Top lots included Richard Prince's "Man Crazy Nurse" (2002–03), which sold for $3.96 million, and Lucio Fontana's "Concetto spaziale, La fine di Dio" (1963), which achieved $14.5 million. The main contemporary evening sale took in $127 million, while the overall result fell short of last May's equivalent sale of $234.6 million.

by the numbers a marathon night at sothebys moves 186 1 million worth of contemporary art 2646123

Sotheby's held a marathon night of three sales in New York, totaling $186.1 million in contemporary and ultra-contemporary art. The evening began with single-owner sales from the collections of the late dealer Barbara Gladstone and veteran dealer Daniella Luxembourg, both achieving 'white glove' results with no buy-ins. The main sale featured 42 lots, led by Jean-Michel Basquiat's *Untitled* (1981), which sold for $16.4 million. Overall, 66 of 69 lots sold, with a 94% sell-through rate, though the total fell short of the $234.6 million achieved in the equivalent sale last year.

Five Big Lots to Watch as New York’s Spring Auctions Spring Into Action

New York's May auction season has begun, with Christie's, Sotheby's, and Phillips presenting major works by artists including Jean-Michel Basquiat, Robert Rauschenberg, Ed Ruscha, Cecily Brown, and Marlene Dumas. Highlights include Basquiat's 'Baby Boom' (estimate $20–$30 million) at Christie's, a Basquiat 'Untitled' (1981) at Sotheby's, and Marlene Dumas' 'Miss January' (1997), which could break the auction record for a living woman artist. Sotheby's will also feature works from the late dealer Barbara Gladstone's collection, while the San Francisco Museum of Modern Art is deaccessioning Frank Stella's 'Adelante' and other works to fund new acquisitions.

sothebys barbara gladstones personal collection may sales 1234739879

Sotheby's will auction 12 works from the personal collection of the late art dealer Barbara Gladstone this May, with a combined estimate exceeding $12 million. Highlights include Richard Prince's *Man Crazy Nurse* (2002–03) estimated at $4–6 million and a black *Flowers* painting by Andy Warhol estimated at $1–1.5 million. The stand-alone sale precedes the May 15 evening contemporary auction and marks the first public offering from Gladstone's estate.

by the numbers christies 21st century sale edges out estimate aided by bounty of guarantees 2645323

Christie’s 21st-century art sale on Wednesday achieved $96.5 million in total sales, a 20 percent increase over the same sale last year. The auction featured 43 lots, with four withdrawn before the sale, and a sell-through rate of 83.7 percent (92.3 percent after withdrawals). The top lot was Jean-Michel Basquiat’s *Baby Boom* (1982), which sold for $23.4 million. The sale was heavily supported by guarantees—24 lots were guaranteed, including 18 with third-party guarantees—accounting for 75 percent of the total presale low estimate. Auctioneer Yü-ge Wang faced cautious bidding, prompting playful remarks as collectors tested lower increments.

‘Halo effect’ of powerful art dealers’ collections boosts Sotheby’s sale

Sotheby's held a successful three-part evening auction in New York on May 15, 2025, achieving a total of $154.2 million in hammer sales ($186.1 million with fees), within its pre-sale estimate. The sale included 12 lots from the estate of late dealer Barbara Gladstone, which sold 100% for $15.1 million, and 15 works from the collection of Daniella Luxembourg, which brought $33.6 million. The main event, Sotheby's The Now and Contemporary evening auction, featured 41 lots—including works from the Dorothy and Roy Lichtenstein collection and three deaccessioned by US museums—and achieved a 93% sell-through rate, hammering $105.4 million. A standout was Andy Warhol's 'Flowers' (1964) from the Gladstone estate, which sold for $3.1 million hammer, more than double its high estimate.