glenstone divorce mitch emily rales 2664537

Mitch and Emily Rales, the billionaire founders of the Glenstone Foundation and its private museum in Potomac, Maryland, are divorcing. The foundation, established in 2006, holds net assets of $4.6 billion and an endowment rivaling that of the Metropolitan Museum of Art. The article revisits longstanding criticisms of private art museums, including Glenstone, arguing they function as tax shelters, social climbing tools, and competitors to public institutions. It notes Glenstone's restrictive policies—appointment-only access, a ban on visitors under 12, and a prohibition on gum chewing—and references past unionization efforts by its workers.

At Frieze New York, Business Plunks Along, Leonardo DiCaprio Alights

At the VIP opening of Frieze New York, collectors were present but subdued, with galleries presenting modest displays and sales proceeding at a sensible, sedate pace. Despite the lack of urgency, business has improved since last year, buoyed by upcoming top-tier auctions. Thaddaeus Ropac confirmed four early sales, including a George Baselitz canvas for €1.4 million and an Alex Katz work for $400,000. David Zwirner’s booth of Joe Bradley paintings was among the buzziest, with all works on hold by early afternoon, while Cindy Sherman photographs at Hauser & Wirth sold steadily. Leonardo DiCaprio made visits, and Kelly Sinnapah Mary’s paintings at James Cohan Gallery sold out, the largest to a museum.

paint drippings art industry news jul 7 2664592

This week's art industry news covers major auction results, gallery changes, and restitution developments. At Christie's Old Masters evening sale in London, Canaletto's "The Return of the Bucintoro on Ascension Day" set a new auction record for the artist at £31.9 million ($43.9 million), leading the sale to a total of £60.8 million. Sotheby's Old Masters evening sale brought in £14.5 million, with three new records including Diana de Rosa's "Salome with the Head of Saint John the Baptist" selling for £317,500. A rare early watercolor by Man Ray, "Nude Playing Musical Instrument" (1913), resurfaced after decades and will be auctioned at Dreweatts. In gallery news, Blum gallery laid off most of its staff and plans to cease brick-and-mortar operations, while Waddington Custot announced a new Paris space, and Company Gallery hired Subhas Kim Kandasamy as executive director. White Cube now represents Firenze Lai, and JD Malat Gallery launched a new initiative for UAE artists. In restitution, the Netherlands returned 119 Benin Bronzes to Nigeria, and the Museum of Fine Arts, Boston, transferred two Benin works to the Oba of Benin.

phillips tests lichtenstein market vandalized painting priced 20 million 719840

Phillips New York is offering Roy Lichtenstein's 1994 painting *Nudes in Mirror* with a $20 million estimate this fall, despite—or perhaps because of—its history of vandalism. The work, from the Rush Family Collection, was slashed by a mentally unstable woman while on loan to the Kunsthaus Bregenz in Austria in 2005, leaving four 12-inch gashes that have since been expertly restored. Phillips is openly embracing the attack as part of the painting's mythology, detailing the incident in its catalogue and comparing it to other famous acts of art vandalism.

the scene at two essential summer art parties and a bevy of juicy art world gossip 2662367

Artnet News' Wet Paint column reports on two summer art parties. The White Columns benefit auction in New York raised $350,000, with works donated by 60 commercial galleries. Highlights included a KAWS 'Companion' piece selling for $16,500 and a Florian Krewer painting for $14,000, auctioned by director Matthew Higgs. Separately, London gallerist Sadie Coles has vacated her 1 Davies Street space after a decade and will open a new 6,000-square-foot location at 17 Savile Row, a historic townhouse that once housed the Burlington Fine Arts Club.

For Fashion Iconoclast Iris van Herpen, ‘Nature Is the Best Artist’

The Brooklyn Museum has opened "Iris van Herpen: Sculpting the Senses," a major exhibition surveying two decades of the Dutch designer's avant-garde fashion. Curated by Matthew Yokobosky and Imani Williford, the show features over 140 of van Herpen's biomorphic couture pieces, including designs worn by Lady Gaga and Björk, alongside works by contemporary artists like Agostino Arrivabene and Tara Donovan. The exhibition, which originated at the Musée des Arts Décoratifs in Paris in 2023, highlights van Herpen's use of cutting-edge technology such as 3D printing and magnetic sculpting, as well as her deep inspiration from natural phenomena like fossils, coral, and water.

superrare new york gallery digital art 2663363

SuperRare, the digital art trading platform, is opening a permanent New York gallery called Offline in the East Village at 243 Bowery, the former home of Salon 94. The inaugural exhibition, “Mythologies for a Spiritually Void Time,” curated by X.S. Hou and Jack Wedge, opens July 8 and features 15 artists working across animation, painting, sculpture, and networked media. The launch includes a week-long festival with dance performances, panels on art and A.I., and a choreographed NFT auction ritual.

kenneth griffin 13th amendment emancipation proclamation sothebys 2662810

Billionaire hedge funder and art collector Kenneth Griffin revealed he was the buyer of record-breaking copies of the Emancipation Proclamation and the Thirteenth Amendment, both signed by President Abraham Lincoln, at a Sotheby's New York auction. The Thirteenth Amendment sold for $13.7 million, more than five times the previous record, while the Emancipation Proclamation fetched $4.4 million. Griffin, founder of Citadel, is an avid collector of rare historical documents and high-value art, having previously purchased a copy of the U.S. Constitution for $43.2 million and major works by artists like Willem de Kooning, Jackson Pollock, and Jean-Michel Basquiat.

paint drippings art industry news jun 30 2662140

Sotheby's London modern and contemporary evening sale brought in $85.7 million, down from $105 million last year, with highlights including a $10 million Tamara de Lempicka and a record $9.6 million auction result for Jenny Saville's drawing 'Mirror'. In other market news, a crowdfunding campaign raised over £100,000 to help Bristol Museum acquire a rediscovered J.M.W. Turner painting, and a Tiffany Studio window sold for $4.2 million at Christie's. Galleries announced new representation deals: James Cohan now represents Ranti Bam, Maruani Mercier represents Kate Gottgens, and Yancey Richardson represents Karen Gunderson; Ronchini gallery is moving to a new Mayfair location. Tate launched a £150 million endowment fund, the Louvre announced an international architectural competition to address overcrowding, the Uffizi imposed selfie restrictions after a tourist damaged a painting, the Cleveland Museum of Art acquired a rare Giambologna marble, and Italy's culture minister pledged support for the return of the Parthenon Marbles to Greece.

top auction results may 2025 2654816

Spring 2025 auction results at Christie’s and Sotheby’s in New York showed a mixed market. Major lots like Alberto Giacometti’s *Grande tête mince* failed to sell, and Andy Warhol’s *Electric Chair* was withdrawn. However, top sales included Piet Mondrian’s *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* for $47.56 million, Claude Monet’s *Peupliers au bord de l’Epte, crépuscule* for $42.96 million, and Mark Rothko’s *No. 4 (Two Dominants)* for $37.78 million. Works by Basquiat, Magritte, Picasso, and Richter also sold well.

Our 5 Favorite Gallery Exhibitions to See This Spring in Paris

Nos 5 expos coups de cœur à voir en galeries ce printemps à Paris

Paris is experiencing a vibrant gallery season this spring, marked by the arrival of major international players and the rediscovery of overlooked artists. Highlights include the opening of Singapore’s Cuturi Gallery at the Palais-Royal with a cross-disciplinary show on decadence, and the London-based Waddington Custot establishing a new space in Saint-Germain-des-Prés with an exhibition bridging Nabis masters and contemporary painters. Other notable shows include a first-ever public look at the surrealist collages of Roland Sig and a dialogue between neo-impressionism and contemporary art at Galerie Pavec.

Garment, body and space merge in Iris van Herpen’s first major New York show

The Brooklyn Museum is hosting Iris van Herpen's first major New York exhibition, featuring over 140 haute couture looks from the Dutch fashion designer. Van Herpen, who founded her house in 2007, pioneered 3D printing in fashion and uses unconventional materials like upcycled marine debris and fermented fibers. The touring show, which originated at Paris's Musée des Arts Décoratifs, includes contemporary art, scientific objects, and natural-history specimens alongside her garments. Curated by Matthew Yokobosky, the Brooklyn iteration draws on the museum's own collections and loans from the American Museum of Natural History, the Staten Island Museum, and the Yale Peabody Museum. Highlights include a dress made with living bioluminescent algae and a re-creation of Van Herpen's atelier.

louvre couture mfa houston fashion exhibition 2716957

The Louvre's blockbuster exhibition "Louvre Couture," which drew over one million visitors in Paris, has opened at the Museum of Fine Arts, Houston (MFAH). The show pairs high-fashion garments and accessories—from Yves Saint Laurent to Jacquemus—with artworks and decorative objects, illustrating how designers draw from art history. The Houston edition features 36 objects from 23 designers, including pieces by Jean Paul Gaultier, Iris van Herpen, Schiaparelli, and a John Galliano-designed Dior gown, displayed across two buildings and over a dozen galleries.

work of the week emily carr 2651164

A painting by Emily Carr, titled *Fir Trees* (ca. 1935), sold for CA$576,000 ($418,370) at Cowley Abbott’s live auction of Canadian and international art in Toronto on May 28, more than doubling its low estimate. The work is a vivid example of Carr’s signature forest scenes, reflecting her deep connection to the British Columbian landscape and her association with the Group of Seven. The auction also saw strong results for other Group of Seven artists, including Franklin Carmichael’s *Old Orchard* (1940) at CAD$768,000, and for Marcelle Ferron’s untitled 1964 abstract painting at CAD$696,000.

for asias art market 2025 has been about rapid fire change 2662988

Art Basel has concluded and the London sales have wrapped, marking a busy first half of 2025 for Asian art markets despite economic uncertainties and geopolitical challenges. New players and trends have emerged: international auction houses aligned their Hong Kong sales with Art Basel Hong Kong for the first time, South Asian art has had a banner year at auction and in institutions, and West Asia is rising with Sotheby's inaugural sale in Saudi Arabia and Art Basel's planned Qatar fair. Asian galleries are expanding into Western capitals, while Western galleries are picking up Asian talent, such as Korean artist Anna Park joining Lehmann Maupin and Rim Park partnering with Kraupa-Tuskany Zeidler. Japanese artist Yu Nishimura had his first U.S. solo show at David Zwirner, and the Labubu plush toy by Kasing Lung became a pop culture sensation.

art market minute jun 30 2662201

London's summer sales season opened with subdued results, totaling just $134.2 million across Christie's, Sotheby's, and Phillips—a 78% drop from the equivalent sales in 2015. A standout lot was Jenny Saville's painting *Mirror* (2011–12), which sold for £2.1 million at Sotheby's on June 24. Meanwhile, a group of art-world power players have launched a new advisory firm called New Perspectives Art Partners, and France has announced a $316 million international architectural competition to expand the Louvre and address chronic overcrowding.

work of the week marlow moss 2660844

Marlow Moss's painting *White, Black, Blue and Red* (1944) sold for £609,600 ($819,912) at Sotheby’s Modern and Contemporary Evening Auction in London, far exceeding its presale high estimate of £480,000. The work, backed by a guarantee, sparked a bidding war among seven bidders and set a new auction record for the British Constructivist artist. The previous record was set in 2022 at Christie’s London.

turner rediscovered masterpiece auction 2653461

A rediscovered oil painting by J.M.W. Turner, titled *The Rising Squall, Hot Wells, from St Vincent’s Rock, Bristol*, sold for £1.9 million ($2.6 million) at Sotheby’s Old Masters and 19th Century Paintings evening auction in London—more than six times its high estimate. The work, painted in 1792 when Turner was 17, had been misattributed and sold for just $506 at a Dreweatts auction the previous year. After cleaning revealed Turner’s signature, scholars confirmed its authenticity, and it was identified as Turner’s first publicly exhibited oil painting, exhibited at the Royal Academy in 1793. The winning bidder was a private collector in the U.K., outbidding Bristol Museum and Art Gallery, which had raised over £100,000 from donors in a failed attempt to acquire the work.

work of the week elizabeth peytons liam noel 2659187

Elizabeth Peyton's double portrait of Oasis brothers Liam and Noel Gallagher sold for £1,992,000 ($2.7 million) at Sotheby’s Modern and Contemporary Evening Auction in London, just above its low estimate of £1.5 million. The work, depicting the band in 1996, was backed by a house guarantee and irrevocable bid. The consignor had purchased it in 2011 for $511,640, yielding a positive return. The sale coincided with Oasis's upcoming reunion tour starting July 4.

leonard lauder mfa boston postcards 1325432

Leonard Lauder, the 85-year-old chairman emeritus of Estée Lauder Companies, has amassed a collection of approximately 130,000 postcards, many of which are a promised gift to the Museum of Fine Arts, Boston. A selection of 350 propagandist postcards from the World War I and World War II eras is now featured in a new exhibition at the MFA titled “The Art of Influence: Propaganda Postcards from the Era of World Wars” (through January 21), accompanied by a publication. Lauder began collecting as a boarding school student in Miami Beach, drawn to the idealized images and vibrant colors of Art Deco hotel postcards, and later expanded to historical and propagandist cards that he describes as “living history.”

Chloë Sevigny, Hari Nef, and Mickalene Thomas Just Partied at the Brooklyn Artists Ball

The Brooklyn Museum hosted its annual Brooklyn Artists Ball on Tuesday evening, serving as the opening celebration for the "Iris van Herpen: Sculpting the Senses" exhibition. The event drew a crowd of artists, patrons, designers, and downtown figures, including event hosts Fabiola Beracasa Beckman, Sylvana Durrett, Jordan Roth, Lizzie Tisch, and Amanda Waldron; co-chairs Regina Aldisert, Megan Brodsky, Victoria Rogers, and Carla Shen; CULTURED Editor-in-Chief Sarah Harrelson; designers Iris van Herpen and Wes Gordon; musicians Peggy Gou and Swizz Beatz; artists Mickalene Thomas, Keisha Scarville, Paul Arnhold, and Miles Greenberg; writer Derek Blasberg; and gallerist Saam Niami. Highlights included a special performance by dancers from the New York City Ballet in winged costumes, an afterparty with DJs Swizz Beatz and Runna, and a site-specific photo booth by artist Keisha Scarville.

art collector tia tanna london young collectors

Tia Tanna, a 24-year-old London-based collector and curator who serves on Tate's photography acquisitions committee, discusses her collecting journey in an interview with Cultured. She began collecting with a Sterling Ruby ashtray and now actively builds a collection that includes Middle Eastern contemporary art, textiles, fashion photography, and couture. Her father sparked her interest by starting a collection on her behalf when she was a child, and she now manages around 70 loans for exhibitions.

re air the rise of the red chip art world 2660367

Artnet News re-airs an episode on "red chip art," a phenomenon characterized by Cybertrucks, crypto wallets, and artists like KAWS, MSCHF, and Daniel Arsham. The episode is prompted by actor Adrien Brody's solo exhibition "Made in America" at Eden Gallery in New York, featuring mixed-media paintings of Marilyn Monroe, Basquiat-inspired motifs, and interactive elements like audience chewing gum on the wall. Brody's show exemplifies the red chip art world's blend of celebrity, commerce, and spectacle.

Iris Van Herpen’s Groundbreaking Work Presented in New Exhibit at Brooklyn Museum

The Brooklyn Museum opens "Iris Van Herpen: Sculpting the Senses," a mid-career retrospective of the Dutch fashion designer known for pioneering 3D-printed garments. The exhibition, which originated at the Musée des Arts Décoratifs in Paris in 2023, features over a decade of van Herpen's work, including her first 3D-printed garment from 2010, pieces worn by celebrities like Lady Gaga, Björk, and Beyoncé, and new works such as an algae dress grown from 125 million living organisms. Organized by senior curator Matthew Yokobosky, the show spans eleven themes exploring van Herpen's fusion of traditional craftsmanship with technology, science, and nature.

Bubbles, Algae, and Plastics Go Haute Couture in ‘Iris van Herpen: Sculpting the Senses’

The Brooklyn Museum is opening a new edition of 'Iris van Herpen: Sculpting the Senses,' building on a 2023 retrospective at the Musée des Arts Décoratifs in Paris. The exhibition features over 140 haute couture designs by Dutch fashion designer Iris van Herpen, known for merging high-tech materials like laser-cut Plexiglas with biological elements such as glowing algae and plastic bubbles. It includes recent collections like 'Sympoiesis' and works by artists including Kenny Nguyen, Wim Delvoye, and Tara Donovan, alongside a soundscape by Salvador Breed. The show runs from May 16 to December 6.

bjork echolalia iceland gallery 2722856

Björk, the Icelandic pop icon and multidisciplinary artist, is opening an exhibition of immersive works titled "Echolalia" at the National Gallery of Iceland, coinciding with the 2026 Reykjavik Arts Festival. The show features installations tied to her forthcoming album and her 2022 album Fossora, including "Ancestress" and "Sorrowful Soil," the latter a tribute to her late mother. Simultaneously, the museum will host "Metamorphlings," the first museum retrospective for James Merry, the embroiderer behind many of Björk's masks, presenting over 80 works from the past decade.

maya man art 2662314

Maya Man, an artist who earned her MFA from UC's Media Art program in 2023, is the subject of a conversation with critic Ben Davis. Her work *A Realistic Day in My Life Living in New York City* is the first commission for the Whitney Museum's 'On the Hour' program, appearing on the museum's website for 30 seconds each hour. Man also founded the experimental art space HEART in New York City, which operated briefly but left a significant impact on the online/offline art scene before closing earlier in 2025.

Kevin Troyano Cuturi On Building A Singapore Art Gallery With Global Reach

Kevin Troyano Cuturi, raised on museum visits across Europe and trained in physics and finance, founded Cuturi Gallery in Singapore after co-founding Mazel Gallery in 2017. The gallery now operates a Paris outpost in the former Didier Ludot boutique and runs a discoveries platform for emerging artists, a residency program hosting over 20 artists, and has nurtured Singaporean talents like Aisha Rosli and Faris Heizer.

canaletto walpole heads to christies auction 2643675

Canaletto's painting "Venice, the Return of the Bucintoro on Ascension Day" (1731–32) sold for £31.9 million ($43.9 million) at Christie's Old Masters evening sale in London, setting a new auction record for the Italian painter. The work, which once hung in the offices of Britain's first prime minister Robert Walpole, surpassed its presale estimate of £20 million and is the largest Canaletto composition to appear at market in two decades, noted for its exceptional preservation and execution during the artist's career peak.

marie antoinette pink diamond christies 2653190

A 10.38-carat fancy purple-pink diamond known as the Marie-Thérèse diamond, linked to Marie Antoinette's only surviving child, sold for $14 million at Christie's New York on June 17, far exceeding its $3–5 million estimate. The jewel, reworked by Joel Arthur Rosenthal into a ring with a fleur-de-lis motif, was originally part of a tiara and passed through generations of European royalty before being sold at Sotheby's Geneva in 1996. The auction also featured the Blue Belle, a sapphire necklace estimated at $8–12 million.