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.

Eyecatchers and Discoveries

Eyecatcher und Entdeckungen

The 42nd edition of Art Brussels has scaled down to 138 exhibitors from 165 in 2025, responding to a sluggish contemporary art market and economic uncertainty. The fair introduces a new section called 'Horizonte,' curated by Devrim Bayar of Kanal Centre Pompidou, featuring six large-scale installations including Pao Hui Kao's delicate paper-and-lacquer refuge and Oswald Oberhuber's €380,000 panoramic painting 'Paradiesgarten.' Galleries are now consolidated into one hall, with fewer blue-chip participants but a continued focus on living artists (95% of the 500 shown). Notable presentations include Xavier Hufkens' solo show of Cassi Namoda, Krinziger's works by Marina Abramović and Monica Bonvicini, and Richard Saltoun's historical mix of Fernand Khnopff, Everlyn Nicodemus, and Suzanne Van Damme.

Sotheby's May Marquee Sales unveiled | Led by Rothko's $70 - 100M Canvas

Sotheby's has unveiled its May marquee sales, headlined by Mark Rothko's monumental painting "Brown and Blacks in Reds" (1957), estimated at $70–100 million. The sales open with a dedicated auction of works from dealer and collector Robert Mnuchin, followed by The Now & Contemporary Art Evening Auction on May 14, led by a Jean-Michel Basquiat painting valued at over $45 million. Additional highlights include works from the collections of Jean and Terry de Gunzburg, Jennifer Gilbert, and David and Shoshanna Wingate, alongside a Modern Evening Auction on May 19 featuring Pablo Picasso's "Arlequin (Buste)" (est. over $40 million) and Vincent van Gogh's "La Moisson en Provence" (est. $25–35 million).