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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 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.

New York Is About to Sell $3 Billion in Art. Who’s Buying?

Vanity Fair's Nate Freeman reports on New York's spring art season, where auction houses are poised to sell at least $2.6 billion in art alongside major museum exhibitions (Raphael at the Met, Duchamp at MoMA, Matisse at Acquavella) and the opening of Frieze New York at The Shed. The article follows the social and commercial frenzy, highlighting a David Shrigley gong installation at Anton Kern Gallery's booth and the enduring dominance of New York, where nearly 90% of U.S. art sales occur.

Look Inside the Art-Filled Home of New York City's Cultural Crusaders

This profile explores the Upper West Side residence of Crystal McCrary McGuire and Raymond J. McGuire, a power couple deeply embedded in New York City’s cultural and financial sectors. Their home serves as a private gallery for a significant collection of African American art, featuring masterworks by Norman Lewis, Henry Ossawa Tanner, Elizabeth Catlett, and Romare Bearden. The couple’s shared passion for collecting began independently, sparked by their formative years studying in France, and has since evolved into a joint mission to preserve and live alongside Black artistic heritage.

Claude Monet’s Market Triumph: 12 Record‑Smashing Paintings That Define an Era

Claude Monet's market dominance is analyzed through twelve record-breaking paintings sold at auction over the past decade, led by *Meules (Haystacks)* (1890), which achieved $110.7 million at Sotheby's New York in 2019—a record for any Impressionist work. The article highlights key sales including *Le Bassin aux Nymphéas* (1919) at $80.45 million, *Nymphéas* (1906) at $54 million, and *Le Pont du chemin de fer à Argenteuil* (1873–74) at $41.4 million, tracing how Monet's serene yet radical landscapes have consistently commanded top prices across Christie's and Sotheby's.

Why We Need Corporate Art Collections

The article traces the history and significance of corporate art collections, beginning with Deutsche Bank's acquisition of 57 early drawings by Joseph Beuys in the late 1970s, which led to the formal launch of its collection in 1980. Today, the Deutsche Bank Collection comprises over 57,000 objects displayed in 500 locations across 40 countries, and the bank sponsors events like the Frieze Art Fair. The piece also highlights the role of American banker David Rockefeller, who inaugurated Chase Manhattan Bank's Art at Work program in 1959, and notes that corporate collecting has deep roots in Renaissance banking, with institutions like Banca Monte dei Paschi di Siena commissioning art for their offices.