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A $15M De Kooning Leads Lévy Gorvy Dayan’s New Auction-Style Sales Experiment

Lévy Gorvy Dayan is launching LGD Hammer, a new live-bidding platform that blends private sales with auction dynamics. The inaugural sale on May 16 will feature a 1984 Willem de Kooning painting estimated at $10–15 million, led by co-founder Brett Gorvy, a former auction veteran. The article also reports on gallery closures (Stephen Friedman Gallery, Galerie Philipp Zollinger, Astor Gallery), artist moves (Zoe Leonard to Maxwell Graham, Kehinde Wiley among creditors), and Sotheby’s upcoming single-owner sale of Joe Lewis’s collection expected to exceed $200 million.

London Dealer Stephen Friedman Owes $10.6 M. to Dozens of Creditors, Including Artists Deborah Roberts and Kehinde Wiley

London-based gallery Stephen Friedman has accumulated debts of approximately $10.6 million, according to official documents filed with Companies House. Creditors include Coutts & Co. bank (£3.2 million), Pentland Group Ltd. (£1.4 million), the UK tax authority, the Pollen Estate, art logistics company Crozier, and several prominent artists—Alexander Diop (£341,905), Deborah Roberts (£289,232), and Kehinde Wiley (£163,849). The gallery closed its New York space in November 2024 after just two years, then abruptly shut its London location and entered insolvency proceedings in February 2025, shortly after pulling out of Art Basel Qatar. A restructuring proposal by FRP Advisory was approved on 22 April.

Swizz Beatz and Alicia Keys’ ‘Giants’ art exhibition opens in La Jolla this weekend. Here are 5 things to see.

The Museum of Contemporary Art San Diego (MCASD) is debuting "Giants," a major exhibition featuring over 130 works from the private collection of Kasseem "Swizz Beatz" Dean and Alicia Keys. The West Coast premiere showcases monumental paintings, sculptures, and installations by nearly 40 Black artists, including Kehinde Wiley, Mickalene Thomas, and Nick Cave. The show is organized around themes of scale and cultural impact, beginning with personal artifacts from the Deans' early careers before transitioning into significant contemporary masterpieces.

History of soccer exhibition open at Arlington museum ahead of FIFA World Cup

The Arlington Museum of Art has opened "More Than a Match," a large-scale exhibition exploring the history of soccer through World Cup memorabilia, historic jerseys, maps, and contemporary art. The show features items on loan from the National Soccer Hall of Fame, the University of Texas at Arlington's Special Collections, and the National Football Museum in Manchester, England. Highlights include a replica of the 2006 FIFA World Cup Trophy, a jersey worn by Pelé, and artworks by Andy Warhol, Kehinde Wiley, and Darío Escobar, as well as a mural by Dallas-based artist Colton Canava depicting Lionel Messi, Jude Bellingham, and Virgil van Dijk as saint-like figures. The exhibition runs through August 2, 2026, and is located near AT&T Stadium, which will host nine World Cup matches.

Full extent of Stephen Friedman Gallery's £7.8m debt revealed in filings

Administrators' filings for Stephen Friedman Gallery reveal a total debt of £7.8 million following its closure in February. Three prominent artists—Alexandre Diop, Deborah Roberts, and Kehinde Wiley—are among the unsecured creditors owed a combined £795,000, expected to recover only eight to nine pence per pound. The largest secured creditor is Coutts & Company, owed £3.1 million, followed by Pentland Group with £1.4 million outstanding. The gallery also owes £505,113 to the Pollen Estate for its Cork Street lease, £550,000 to HMRC, and significant sums to shipping and storage firms, including Crozier (£256,470) and Gander & White (£86,772). Art fairs Frieze and Art Basel Qatar are owed £71,227 and £18,763 respectively.