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tilton gallery to close after over 40 years and more art industry news 2694129

Tilton Gallery, a fixture of New York’s Upper East Side for over 40 years, has announced it will close its physical space following an upcoming Ruth Vollmer exhibition to focus on private projects. The week also saw significant leadership shifts, including Lisa Phillips announcing her retirement as director of the New Museum after 26 years, and Ebony L. Haynes being promoted to the newly created role of global head of curatorial projects at David Zwirner. Meanwhile, legal tensions surfaced as a court dismissed Ronald Perelman’s $400 million insurance lawsuit regarding fire damage to his art collection.

paint drippings art industry news mar 9 2751986

The art market is gearing up for a high-stakes spring season with major estate collections from S.I. Newhouse and Robert Mnuchin slated for auction at Christie’s and Sotheby’s, collectively valued at over half a billion dollars. Meanwhile, London’s spring marquee sales showed strong momentum, with Christie’s and Sotheby’s reporting significant year-over-year increases in their evening sale totals, despite a more modest performance from Phillips.

top lots jean michel basquiat 2726806

Artnet News examines the top five auction results for Jean-Michel Basquiat, whose meteoric rise and tragic death at age 27 fueled a legendary market. The list includes works such as "Versus Medici" (1982), which sold for $50.82 million at Sotheby's in 2021; "El Gran Espectaculo (The Nile)" (1983), which fetched $67.1 million at Christie's in 2023; and "Untitled" (1982), which reached $85 million at Phillips in 2022. The article highlights the artist's synthesis of graffiti and Renaissance aesthetics, his relationships with figures like Andy Warhol, and the explosive growth of his market over the past decade.

frieze new york 2025 preview 2638793

Frieze New York 2025 is set to take place at the Shed in Manhattan, bringing together over 65 contemporary art galleries from more than 25 countries. The fair coincides with major institutional shows at the Guggenheim, Whitney Museum, and the Metropolitan Museum of Art, as well as the recent reopening of the Frick Collection after a $220 million renovation. Notable galleries include Gagosian, Hauser & Wirth, Pace, and David Zwirner, alongside international dealers like Goodman Gallery and Kurimanzutto. The Focus section, curated by Lumi Tan, features 12 young galleries. On the eve of the fair, Frieze itself was sold by Endeavor to former CEO Ari Emanuel for a reported $200 million.

paint drippings art industry news mar 3 2 2749401

Frieze Los Angeles launched with significant early momentum as Endeavor CEO Ari Emanuel acquired three quilts by artist Yvonne Wells from Fort Gansevoort before VIP hours officially began. The fair's opening day saw robust activity, including the $3.7 million sale of an Ed Ruscha painting, while major galleries like Pace Prints and Opera Gallery announced strategic expansions into Los Angeles and Houston respectively.

new york auction measures 2719737

New York's spring auction season concluded with a dramatic five-day marathon across Sotheby's, Christie's, and Phillips, generating a combined $2.2 billion. Sotheby's led with $1.17 billion in total sales, fueled by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16) from the estate of Leonard A. Lauder, which sold for $234.6 million—a single work accounting for 20% of Sotheby's total. Christie's followed with $962.6 million, and Phillips added $92.1 million. Notable highlights included Frida Kahlo's *El sueño (La cama)* (1940) achieving $54.7 million, a new record for the artist and the highest price for a female artist at auction in raw dollars, and a triceratops fossil named Cera selling for $5.4 million at Phillips.

phillips reveals lineup for its march sales in london including scandinavian masterworks and 800 k emin painting 1234774500

Phillips has unveiled the lineup for its upcoming Modern and Contemporary art sales in London, scheduled for March 5 and 7. The auctions are headlined by a significant group of Scandinavian masterworks from the collection of former US Ambassador John L. Loeb, led by Vilhelm Hammershøi’s "Interior of Woman Placing Branches in Vase on Table" (1900), estimated at up to £2 million. Other major highlights include a rare Andy Warhol "Mao" painting, a Banksy work formerly owned by Robin Williams, and pieces by Tracey Emin, El Anatsui, and Donald Judd.

new museum sets reopening date in march phillips to sell ex us ambassador to denmarks collection morning links for january 13 2026 1234769584

The New Museum in New York will reopen on March 21 after a two-year closure, following a major expansion designed by OMA’s Shohei Shigematsu with Rem Koolhaas that adds 60,000 square feet, nearly doubling exhibition space. The reopening weekend offers free admission and features new commissions by Tschabalala Self, Klára Hosnedlová, and Sarah Lucas, along with the inaugural exhibition “New Humans: Memories of the Future” showcasing over 200 artists. Separately, Phillips will auction the collection of former US Ambassador to Denmark John L. Loeb Jr., comprising the largest private trove of Danish art, with highlights by Vilhelm Hammershøi, Bertha Wegmann, P. S. Krøyer, and Anna Ancher, expected to exceed $12 million.

the phillips collection to sell major works vatican returns 62 artifacts to indigenous peoples six works that could predict the market morning links for november 17 2025 1234761996

The Phillips Collection in Washington, D.C., plans to auction major works by Georgia O'Keeffe, Arthur Dove, and Georges Seurat at Sotheby's New York on November 20, sparking controversy. Director Jonathan Binstock says proceeds will support commissions from living artists and new acquisitions, but the decision has drawn intense opposition from longtime supporters and museum members. A last-minute agreement allows the sale to proceed while imposing tighter limits on future deaccessioning. Separately, the Vatican has returned 62 artifacts from its Anima Mundi ethnographic collection to Indigenous peoples in Canada, including an Inuit kayak, as part of ongoing reconciliation efforts.

the phillips collection to sell major works vatican returns 62 artifacts to indigenous peoples six works that could predict the market morning links for november 17 2025 1234761996

The Phillips Collection in Washington, DC, plans to auction major works by Georgia O'Keeffe, Arthur Dove, and Georges Seurat at Sotheby's New York on November 20, sparking controversy. Director Jonathan Binstock says proceeds will support commissions from living artists, new acquisitions, and care of the permanent collection, but longtime supporters and museum members oppose the sale. A last-minute agreement allows the sale to proceed while imposing tighter limits on future deaccessioning. Separately, the Vatican has returned 62 artifacts from its Anima Mundi ethnographic collection to Indigenous peoples in Canada, marking a significant step in the Catholic Church's efforts to confront its historical role in suppressing Indigenous cultures. The artifacts, including an Inuit kayak, will be delivered to Indigenous communities via the Canadian Museum of History.

top lots david hockney 2693373

David Hockney's double portrait *Christopher Isherwood and Don Bachardy* (1968) sold for $44.34 million at Christie's New York on November 17, 2025, just shy of its $50 million high estimate. The sale ranks among the highest prices ever for the artist at auction. The article also reviews Hockney's top five auction results, including *The Splash* (1966), which fetched $29.92 million at Sotheby's London in 2020, and *Nichols Canyon* (1980), which sold for $41.07 million at Phillips New York in 2020. All five of Hockney's most expensive works have sold within the past seven years, reflecting sustained demand for his early and mid-career masterpieces.

simon de pury art market confidence 2720560

The article reports on the upcoming Art Basel in Miami Beach and the improved mood in the art market, driven by strong auction results. Sotheby's emerged as the clear winner over Christie's in the fall 2024 auctions, achieving over $2.2 billion in total sales across Sotheby's, Christie's, and Phillips. Key consignments included the Leonard Lauder Collection, featuring a record-making Klimt, a Frida Kahlo that became the highest-selling work by a woman artist, and Maurizio Cattelan's golden toilet. The article credits Sotheby's move into the Breuer building—formerly home to the Whitney, the Met, and the Frick—for enhancing the presentation and aura of the previews.

amoako boafo red dress consignor jesse williams 1234761249

An Amoako Boafo painting, *Red Dress* (2017), has been consigned to Phillips’s upcoming modern and contemporary art day sale by actor and ARTnews Top 200 collector Jesse Williams. The work, estimated at $150,000 to $200,000, depicts Thelma Golden, director of the newly reopened Studio Museum in Harlem. It was previously featured in Boafo’s 2022 solo exhibition “Soul of Black Folks” at the Contemporary Arts Museum Houston. This marks another instance of a work from Williams’s collection appearing at Phillips, following a Noah Davis painting consigned by his ex-wife in 2024.

jean michel basquaits 45 m crowns peso neto to headline sothebys fall auctions in new york 1234756255

Sotheby's will offer Jean-Michel Basquiat's 1981 painting *Crowns (Peso Neto)* as the headline lot of its contemporary evening sale in New York this fall, carrying a high estimate of $45 million. The work, which has never been auctioned before, debuted at Basquiat's landmark 1982 solo show at Annina Nosei Gallery and later appeared at Documenta 7. It will be exhibited in London during Frieze Week, then in Paris coinciding with Art Basel Paris, before arriving at Sotheby's new Breuer Building headquarters in New York ahead of the November 8 sale.

walter robinsons legacy is celebrated with honorary doctorate new scholarship 2730182

Hundreds gathered on a cold Monday night in New York at Phillips auction house and the Metropolitan Club to celebrate the life and legacy of Walter Robinson, the beloved art-world figure who died in February 2025. The event, organized by the New York Academy of Art as part of its annual “Take Home a Nude” fundraiser, featured silent and live auctions, a posthumous honorary doctorate awarded to Robinson, and the announcement of the Walter Robinson Scholarship funded by auction proceeds. The evening raised over $800,000, with works by students and acclaimed artists like Richard Prince and Kiki Smith on offer, and Robinson’s painting *Blood on the Sun* (2018) selling for $35,000.

hot lots top flops november day sales 2025 2718580

Artnet News reports on the November 2025 day sales in New York, following the evening sales that signaled a market comeback. Hot lots included Gertrude Abercrombie's "Message for Mercy" (1950), which sold for $1.2 million at Sotheby's, setting a new auction record for the artist. Other strong performers were Julia Jo's "Rhyme or Reason" (2022) at Christie's for $203,200 and Mary Abbott's "Forest of Dak" (1965) at Phillips for $167,700. Top flops included Jacques Lipschitz's "Tete" (conceived 1915), which sold for $152,400 against a $300,000–$400,000 estimate at Sotheby's, and Sterling Ruby's "SP44" (2008), which underperformed at Christie's.

the phillips collection to deaccession georgia okeeffe arthur dove georges seurat 1234761918

The Phillips Collection in Washington, D.C., is proceeding with plans to auction major works by Georgia O'Keeffe, Arthur Dove, and Georges Seurat at Sotheby's on November 20, despite sharp backlash from former curators, members of the Phillips family, and the museum's non-governing members body. The works—including O'Keeffe's *Large Dark Red Leaves on White* (estimate $6–8 million), Seurat's conté crayon drawing ($3–5 million), and Dove's *Rose and Locust Stump* ($1.2–1.8 million)—are considered central to founder Duncan Phillips's vision. Director and CEO Jonathan Binstock argues the proceeds will fund a permanently restricted endowment for commissioning new work by living artists, acquisitions, and collection care, aligning with Duncan Phillips's belief in supporting contemporary practitioners.

the phillips collection to deaccession georgia okeeffe arthur dove georges seurat 1234761918

The Phillips Collection in Washington, D.C., is proceeding with plans to sell major works by Georgia O’Keeffe, Arthur Dove, and Georges Seurat at Sotheby’s next week, despite sharp backlash from former curators, members of the Phillips family, and a faction of the museum’s non-governing members body. The works—including O’Keeffe’s *Large Dark Red Leaves on White* (1925, est. $6–8 million), Seurat’s conté crayon drawing ($3–5 million), and Dove’s *Rose and Locust Stump* (1943, est. $1.2–1.8 million)—will be offered in Sotheby’s marquee evening sales on November 20 at its new Breuer building headquarters. Additional works by Anish Kapoor, Leland Bell, Howard Mehring, Henri Fantin-Latour, Picasso, and Milton Avery will also be sold in surrounding sales. Director and CEO Jonathan Binstock, who joined in March 2023, says proceeds will fund a permanently restricted endowment for commissioning new work by living artists, acquisitions, and collection care, aligning with founder Duncan Phillips’s support for contemporary practitioners.

auction houses tapping into jewelry boom brooklyn public library launches art lending program paris photo returns morning links for november 14 2025 1234761805

Christie's incoming global head of jewellery, Max Fawcett, predicts a strong London Jewels sale, citing a 'purple patch' for the division after achieving $87.7 million in New York and a sold-out Magnificent Jewels sale in Geneva. Heritage Auctions, Phillips, and Sotheby's also report record jewellery and watch sales, with demand outstripping supply. Separately, the Brooklyn Public Library has launched an experimental art-lending program alongside its exhibition 'Letters for the Future,' featuring works by 35 artists that patrons can borrow. The article also notes the return of Paris Photo to the Grand Palais, archaeological discoveries in Italy, and updates on trans-inclusivity guidance for UK museums.

Hong Kong Marquee Art Sales Total $164.9 M., Up 18 Percent From Equivalent 2025 Auctions

Christie's, Phillips, and Sotheby's spring marquee auctions in Hong Kong generated a combined $164.9 million, an 18% increase from the equivalent sales in spring 2025. The auctions, strategically timed to coincide with Art Basel Hong Kong, saw strong demand for trophy works, with Christie's leading the season at $83.8 million. Key sales included a Gerhard Richter painting for $11.77 million and a Sanyu work for $8.17 million, while Sotheby's sold a Joan Mitchell painting for $17.6 million, the season's top lot.

consignors new york november auctions 2025 2711189

New York's November 2025 auction season is set to feature at least $1.67 billion in art across Sotheby's, Christie's, and Phillips, a 54% increase in estimates from the same period last year. The season is dominated by major estates, including Leonard Lauder's $400 million trove at Sotheby's with Klimt paintings and Matisse bronzes, Cindy Pritzker's collection featuring a Van Gogh, and anonymous Surrealist works. Christie's offers $736 million in low estimates from collections like Robert and Patricia Weis, Elaine Wynn, and Stefan Edlis. Phillips remains risk-averse, focusing on established names. The market shows a flight to quality, with emerging art reduced and delegated to day sales, while ultra-contemporary segments contract.

‘Really encouraging’: Phillips’s modern and contemporary sale continues New York auction momentum

Phillips’s modern and contemporary evening sale on 19 November generated nearly $54.8 million ($67.3 million with fees), a 25% increase over the same sale last year. Out of 33 lots, only two failed to sell, achieving a 94% sell-through rate. The top lot was Francis Bacon’s *Study for Head of Isabel Rawsthorne and George Dyer* (1967), which hammered at $13.5 million, followed by an untitled Joan Mitchell work from 1957-58 at $12 million. The sale also included natural history objects for the first time, such as a juvenile Triceratops skeleton nicknamed 'Cera,' which sold for $4.35 million. Female artists performed strongly, with Ruth Asawa’s copper wire sculptures sparking lengthy bidding wars and Firelei Báez setting a new artist record that was later broken at Christie’s the same evening.

Slim Phillips London Sale Totals $13.9 Million, Off 32 Percent From 2024

Phillips London's evening sale of Modern and contemporary art on Thursday totaled £10.3 million ($13.9 million), a 32 percent drop from the equivalent sale in 2024. The 45-minute auction saw 4 of 26 lots withdrawn before bidding, and 4 of the remaining 22 failed to sell, including works by Banksy, Andreas Gursky, Sigmar Polke, and Andy Warhol. The top lot was Jean-Michel Basquiat's *Untitled (Pestus)* (1982), which sold for £2.37 million ($3.19 million), just below its estimate. A new auction record was set for Emma McIntyre, whose painting *Seven types of ambiguity* (2021) more than doubled its high estimate to fetch £167,700 ($225,355).

jean michel basquiat work phillips frieze week sales london 1234755733

Phillips has announced the lineup for its October London sales during Frieze Week, headlined by Jean-Michel Basquiat's 1982 work on paper, *Untitled (Pestus)*, estimated at £3 million ($4 million). The 26-lot evening auction on October 16 also includes Andy Warhol's diamond dust portrait of Giorgio Armani (estimate £800,000), Banksy's *Kate Moss* (estimate £1 million), and works by Jadé Fadojutimi, Flora Yukhnovich, Damien Hirst, Anish Kapoor, Sasha Gordon, and Emma McIntyre. A day sale on October 18 features pieces by Keith Haring, Warhol, Basquiat, Anselm Kiefer, and Yoshitomo Nara.

Frieze London diary: art historical speed dating and frozen faeces

During Frieze week in London, the National Gallery hosted its 'Unexpected Views' talk series, where eight contemporary artists including Grayson Perry, Shirazeh Houshiary, Haegue Yang, and Ming Wong gave ten-minute talks on their favorite works. Tracey Emin appeared in a Dunhill x Frieze Masters talk with British Museum director Nicholas Cullinan, discussing a forthcoming exhibition at the British Museum. The art collective Konn Artiss placed 40-stone blocks of ice containing frozen feces outside major galleries and auction houses, including Phillips and Frieze London, as a provocative commentary on the art market. The week culminated in a lavish Collectors' Dinner at Frieze London, attended by figures such as Ari Emanuel, Sadie Coles, and Christian Levett, with a secret performance by musician Sampha.

Newly Authenticated Modigliani Heads to Sale at Art Basel Hong Kong via Pace with a $13.3 M. Price Tag

A newly authenticated painting by Amedeo Modigliani, "Jeune femme brune" (1917–18), is being offered for sale by Pace gallery at Art Basel Hong Kong with a price tag of €11.5 million ($13.3 million). The work, the highest-priced piece at the fair, was only recently included in art historian Marc Restellini's forthcoming Modigliani catalogue raisonné after decades of authentication disputes and legal battles.

marilyn minter wins anderson ranch international artist award 1234773675

Marilyn Minter has been named the 28th recipient of the International Artist Award by the Anderson Ranch Arts Center. The artist, celebrated for her feminist works that merge painting and photography, will be honored during the center's annual Ranch Week in July. The selection highlights Minter's meticulous technical process and her long-standing commitment to art education as a faculty member at the School of Visual Arts.

new museum reopening march 21 2026 1234769578

The New Museum in New York will reopen on March 21, 2026, after a two-year closure for a major expansion. Designed by OMA / Shohei Shigematsu and Rem Koolhaas, the project adds 60,000 square feet to the existing SANAA-designed building, bringing the total footprint to nearly 120,000 square feet. New features include expanded exhibition space, a 74-seat Forum, an enlarged Sky Room, artist commissions by Tschabalala Self, Klára Hosnedlová, and Sarah Lucas, a larger bookstore, and a restaurant by Henry Rich with executive chef Julia Sherman. The reopening weekend will offer free admission funded by trustee Charlotte Feng Ford, and the museum will debut the exhibition “New Humans: Memories of the Future,” featuring over 200 artists including Francis Bacon, Salvador Dalí, and contemporary figures like Meriem Bennani and Hito Steyerl.

marquee art sales fall 2025 christies sothebys phillips 1234761496

Christie's, Sotheby's, and Phillips are holding their marquee fall 2025 sales in New York next week, with an unusually high volume of inventory. Christie's alone will offer 80 works on Monday night, and across the week 27 lots carry estimates above $10 million—a stark contrast to the tepid May sales. The season is top-heavy, with the $2 million–$5 million range considered the trickiest. Notable consignments include the estate of Leonard Lauder and the collection of Stefan Edlis and Gael Neeson, while many discretionary sellers remain absent. Day sales feature works with significant price drops, such as a Steve Parrino painting last sold for nearly $1 million now estimated at $300,000–$500,000, and an Avery Singer work that sold for $3 million in 2022 now estimated at $600,000–$800,000. Several pandemic-era speculative purchases are also returning to market at steep discounts.

phillips london evening sale frieze results 1234757669

Phillips’s Frieze Week evening sale in London totaled £10.33 million ($13.88 million) across 22 lots, a 32% decline from last year’s £15.1 million on 31 lots. The sale was 82% sold by lot and 84% by value. Highlights included a new world auction record for Emma McIntyre, whose painting *Seven Types of Ambiguity* (2021) sold for £167,700, and strong results for Martha Jungwirth and Flora Yukhnovich. However, major lots by Banksy, Andy Warhol, and Jean-Michel Basquiat underperformed or failed to sell, and four lots went unsold, including works by Andreas Gursky and Sigmar Polke.