Robert Mnuchin's $85.7m Rothko leads Sotheby's $407.5m auction in New York

Sotheby's evening auction in New York on May 13, 2025, realized $407.5 million ($433.1m with fees), led by Mark Rothko's "Brown and Blacks in Reds" (1957) from the collection of the late dealer Robert Mnuchin, which sold for $74m ($85.7m with fees). The sale opened with all eleven lots from Mnuchin's collection achieving a 'white glove' result, totaling $140.7m ($166.3m with fees), and continued with a mixed-vendor contemporary section that added $223m ($266.8m with fees), setting four new artist records.

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.

This month’s blockbuster auctions in New York could bring upwards of $2.5bn

This month's May auctions in New York are projected to generate between $1.8 billion and $2.6 billion across Christie’s, Sotheby’s, Phillips, and Bonhams. Major highlights include the estates of legendary dealers Marian Goodman and Robert Mnuchin, with top lots such as Gerhard Richter's *Kerze (Candle)* (est. $35m–$50m) at Christie's and Mark Rothko's *Brown and Blacks in Reds* (est. $70m–$100m) at Sotheby's. Additional offerings include works from the late S.I. Newhouse collection, featuring Jackson Pollock's *Number 7A* and Constantin Brâncuși's *Danaïde*, each estimated at $100m, as well as pieces from the collections of Agnes Gund and Marilyn Arison.

Hirshhorn Museum and Sculpture Garden Announces 314 New Acquisitions During 50th Anniversary Year

The Smithsonian's Hirshhorn Museum and Sculpture Garden announced 314 new acquisitions in 2025, its 50th anniversary year. The additions span photography, mixed-media works, and contemporary American artists, including pieces by Lorna Simpson, Sarah Sze, Mickalene Thomas, Danny Lyon, Graciela Iturbide, Adam Pendleton, and Mark Bradford. Major gifts include a multi-year donation from collectors Doug and Toni Gordon of 176 works forming an archive of Pendleton's works on paper, as well as 13 contemporary Chinese works tied to a 2022 exhibition. The museum also acquired nine architectural photographs by Ezra Stoller documenting its 1974 opening and 19 prints by Joel-Peter Witkin.

Beer With a Painter: Keith Mayerson

Hyperallergic interviews Los Angeles-based painter Keith Mayerson, who discusses his ongoing 'My American Dream' series—a cosmology of paintings blending American identity, activism, and popular culture. The conversation covers his early influences from comics, the Muppets, and Hunter S. Thompson, his transition from cartooning to painting, and his vibratory, swirling brushwork. Mayerson's work has been featured in the 2014 Whitney Biennial and is currently on view at the Aspen Art Museum and the Pollock-Krasner House.

Still in 'war mode': Tehran Museum of Contemporary Art reopens with exhibitions about conflict

The Tehran Museum of Contemporary Art (TMoCA) has reopened with a weekly rotating post-ceasefire program called 'Art and War,' following weeks of bombardment that forced its closure and prompted emergency efforts to protect its collection. The program began with works by American Pop artists James Rosenquist, Roy Lichtenstein, and Robert Indiana, and this week features three works from Pablo Picasso's Weeping Woman series, focusing on Spain. Museum director Reza Dabirinezhad described the challenges of safeguarding the collection during US-Israeli strikes, including removing 80% of the oil from Noriyuki Haraguchi's installation 'Matter and Mind' (1977) to prevent fire risk, and protecting outdoor sculptures by Henry Moore, René Magritte, and Max Bill.

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.

Sotheby’s May Auctions: Rothko’s $100M Masterpiece Headlines

Sotheby's is holding its most ambitious May auction series in New York, headlined by Mark Rothko's monumental painting *Brown and Blacks in Reds* (1957), estimated at $70–100 million. The sales include a dedicated auction for the collection of legendary dealer and collector Robert Mnuchin, valued at over $130 million, featuring works by Rothko, Franz Kline, and Jeff Koons. Other highlights include Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* (1983), estimated at over $45 million, and Willem de Kooning's *Untitled III* (1975), making its auction debut with a $25–35 million estimate. The series spans Modern and Contemporary art, with additional works by Pablo Picasso and Vincent van Gogh.

Rothko from Robert Mnuchin’s Estate Sells for $85.8 M., Leading Sotheby’s New York’s $433.1 M. Contemporary Art Sale

Sotheby’s New York held a $433.1 million modern and contemporary art sale at its Madison Avenue headquarters, led by Mark Rothko’s *Brown and Blacks in Reds* (1957), which sold for $85.8 million. The auction opened with 11 works from the estate of legendary dealer Robert Mnuchin, totaling $166.3 million, including a second Rothko and pieces by Willem de Kooning, Franz Kline, and Pablo Picasso. The contemporary art segment followed, with Jean-Michel Basquiat’s *Museum Security (Broadway Meltdown)* (1983) selling for $52.7 million. The overall sale was described by advisers as robust but not particularly exciting, and it significantly exceeded the $186.1 million equivalent sale from last year.

Drawings Dominate at a Chicago de Kooning Exhibit

The Art Institute of Chicago is presenting an exhibition focused on the drawings of Willem de Kooning, marking a rare departure from the typical painting-centric blockbuster shows dedicated to the artist. The exhibition highlights de Kooning's mastery in drawing, offering a focused look at this often-overlooked aspect of his practice.

Coveted Rothko From Robert Mnuchin’s Collection Nets $85.8 Million in New York

A major Mark Rothko painting, *Brown and Blacks in Reds* (1957), from the collection of the late financier and dealer Robert Mnuchin, sold for $85.8 million at Sotheby’s New York, becoming the second-highest price ever achieved for the artist at auction. The work, estimated at $70–100 million, was part of an 11-lot sale dedicated to Mnuchin’s collection, which also includes works by Willem de Kooning, Pablo Picasso, and Franz Kline. A phone bidder won the painting, with Helena Newman, chairman of Sotheby’s Europe, handling the bid.

Überraschende Begegnungen

The ninth edition of the "Various Others" festival in Munich brings together institutions, off-spaces, and galleries for a city-wide series of exhibitions in May. Highlights include Walter Storms Galerie presenting Anselm Reyle's first Munich solo show with Istanbul's Dirimart; Kraupa-Tuskany Zeidler collaborating with Rome's T293 to show Simon Denny's tech-critical works; Max Goelitz pairing Lukas Heerich and Rindon Johnson with Eva Hesse in dialogue with Hauser & Wirth; Lohaus Sominsky and Paris's Mennour featuring Ilit Azoulay and Alicja Kwade; and Rüdiger Schöttle hosting Milena Muzquiz and Elif Saydam. A new parcours exhibition, "Vectors," inspired by Jan Hoet's "Chambres d'Amis," places contemporary art in tech company offices across Munich.

It is the great Mark Rothko leading Sotheby's first auctions in New York

È il grande Mark Rothko a guidare le prime aste di Sotheby’s a New York

Sotheby's kicked off New York's art and auction week with two major sales on May 14, 2026, led by the highly anticipated Robert Mnuchin: Collector at Heart Evening Auction. The top lot was Mark Rothko's "Brown and Blacks in Reds" (1957), which sold for $85.8 million, the second-highest price ever for the artist at auction. The Mnuchin auction achieved a "white glove" sale, selling all 11 lots for a total of $166.3 million, followed by The Now & Contemporary Evening Auction which brought in $266.8 million. Combined, Sotheby's generated $433.1 million, a 133% increase over its May 2025 session. The sales reflect a strong return of high-value trophy lots to the secondary market, driven by the dispersal of prominent collectors' estates.

Phillips Collection’s new ‘Miró and the United States’ exhibit focuses on transatlantic cultural exchange rather than conflict

The Phillips Collection in Washington, D.C., has opened a new exhibition titled 'Miró and the United States,' curated by Elsa Smithgall. The show features 75 works by Joan Miró alongside pieces by more than 30 other artists, including Alexander Calder, Rufino Tamayo, and Arshile Gorky. Rather than framing the relationship as a cultural clash between European modernism and American art, the exhibition emphasizes transatlantic artistic exchange during the mid-20th century, particularly in the shadow of World War II and the Spanish Civil War. Key works include Miró's 'Constellations' series and 'Still Life with Old Shoe' (1937), which are presented in dialogue with American contemporaries who responded to his visual language.

Matisse: The Pursuit of Harmony

Acquavella Galleries in New York presents "Matisse: The Pursuit of Harmony," an exhibition running from April 9 to May 22, 2026, featuring fifty works by Henri Matisse including paintings, sculptures, and works on paper. The show is organized across two floors, with early pieces on the ground floor north gallery, sculptures and early works on the second floor north, later works on the second floor south, and a concluding display of the four bronze castings of Matisse's "Back" series on the ground floor south. Key highlights include the painting *Male Model* (ca. 1900) paired with the bronze *The Serf* (1900–04), and the portrait *Mademoiselle Yvonne Landsberg* (1914), which demonstrate Matisse's transformative approach to traditional genres.

How Does an Art Fair Stand Apart? TEFAF NY Has an Answer.

TEFAF New York returns to the Park Avenue Armory from May 15-19, featuring 88 dealers and galleries from 14 countries across four continents. The fair distinguishes itself from competitors like Frieze, NADA, and Independent by offering an unusually broad range of works—from Modernist paintings and contemporary sculpture to ancient artifacts, fine jewelry, and design. Notable exhibitors include Gagosian showing Kathleen Ryan’s bejeweled fruit sculptures, Thaddaeus Ropac presenting newcomer Eva Helene Pade, and Belgian dealer David Lévy pairing Keith Haring with Willem de Kooning. Design is a particular highlight this year, with galleries such as Sarah Myerscough, Gomide&Co, and Modernity Stockholm showcasing everything from Shaker-inspired chairs to Brazilian modernist furniture and Scandinavian classics.

Louisville’s Speed Art Museum shines a light on the women of Abstract Expressionism

The Speed Art Museum in Louisville, Kentucky, will host "Abstract Expressionists: The Women" from May 16 to August 30, 2026. This is Kentucky's first exhibition devoted to Abstract Expressionism, featuring over 30 major female artists including Helen Frankenthaler, Joan Mitchell, Vivian Springford, Grace Hartigan, and Lee Krasner. The show includes works like Frankenthaler's *Circus Landscape* (1951) and Springford's *Scuba Series* (1972–1984/5), along with archival materials and a timeline of women's artistic achievements. Organized by the American Federation of Arts from the Christian Levett Collection and FAMM (Female Artists of the Mougins Museum), France, the exhibition is curated by Dr. Ellen G. Landau and presented locally by Tyler Blackwell.

BlackBook Art Gallery Rewrites the Rules

BlackBook Art Gallery announces its 2026 season in Southampton, featuring two major exhibitions: "The Lost Generation: Then and Now," which pairs New York School legends like Jackson Pollock and Lee Krasner with contemporary artists Julie Mehretu and Rashid Johnson, and "Summer Figuration," showcasing Amy Sherald, Kerry James Marshall, and Toyin Ojih Odutola. Founder Evanly Schindler frames the season around the concept of "urgency," drawing parallels between the postwar abstract expressionist era and today's climate of war, digital saturation, and political polarization. The gallery also plans to open a new location in Detroit's Eastern Market in fall 2026, with the Detroit Salon following in 2028.