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.

Frieze New York Is an Assembly-Line Salad

At Frieze New York, curator Lucien Zayan searches for artworks exploring the relationship between food and art, finding a piece by Aki Goto at Europa gallery that reflects on sugar, colonization, and cavities. The fair features works like David Lamelas's "To Pour Milk into a Glass" (1972) from Dia Art Foundation and Mungo Thomson's "Snowman" (2023) at Karma, while a performance by Kite (Oglála Lakȟóta) at the Counterpublic triennial booth offers a reprieve from the monotonous fair experience.

A $35 M. Warhol, a $45 M. Basquiat, and More: Who’s Selling The Top Works in the May Sales?

The article reports on the upcoming May marquee sales at Christie’s and Sotheby’s, detailing high-value consignments from major collections. Christie’s will offer works from the estates of S. I. Newhouse (including a Brâncuși sculpture and a Jackson Pollock painting, each estimated at $100 million), former MoMA board president Agnes Gund (a Rothko estimated at $80 million), and the late dealer Marian Goodman (a Gerhard Richter estimated at $50 million). Sotheby’s counters with a Rothko from the collection of the late Robert Mnuchin (estimated at $100 million) and works from David and Shoshanna Wingate, including a Giacometti sculpture. The article also reveals previously unnamed consignors for top lots, such as collector John Sayegh-Belchatowski for a $45 million Basquiat and the Moore family for an Elizabeth Peyton painting.

Manhattan's Neue Galerie to Merge With Met Museum

Cosmetics billionaire Ronald Lauder's Neue Galerie, a private museum on Manhattan's Fifth Avenue known for its collection of Austrian and German art, will merge with the Metropolitan Museum of Art. The merger takes effect in 2028, with the Neue Galerie retaining its physical space and staff. The announcement was made by The Met on May 14. The museum's star attraction is Gustav Klimt's "Portrait of Adele Bloch-Bauer I" (1907), and it also holds works by Egon Schiele, Oskar Kokoschka, and others. Lauder co-founded the Neue Galerie with dealer Serge Sabarsky in 2001. As part of the merger, Lauder and his daughter Aerin Lauder Zinterhofer will donate 13 additional paintings from their personal collection and make an undisclosed endowment gift.

New York’s Neue Galerie to Merge with Metropolitan Museum of Art in Major Expansion

The Neue Galerie, a private museum on New York's Upper East Side founded by collector Ronald S. Lauder, will merge with the Metropolitan Museum of Art in 2028. The institution will be renamed the Met Ronald S. Lauder Neue Galerie, or Met Neue for short. Lauder and his daughter Aerin Lauder Zinterhofer will contribute funds toward a $200 million endowment, along with 13 works from their collection, including a prized Gustav Klimt and paintings by German Expressionists. The Met plans to exhibit some holdings at its Fifth Avenue base, but Klimt's "Portrait of Adele Bloch-Bauer I" will remain at the townhouse.

What the Met Gains from the Neue Galerie

Was das Met mit der Neuen Galerie gewinnt

The Neue Galerie, a private museum for German and Austrian art founded by billionaire collector Ronald S. Lauder, will be integrated into the Metropolitan Museum of Art (the Met) as an auxiliary branch under the new name "The Met Ronald S. Lauder Neue Galerie." The transition, announced by founding director Renée Price, is set to be completed by 2028, with the Met assuming full operational control after a planned renovation of the historic townhouse on Fifth Avenue. The merger follows years of Lauder's stewardship and ensures the long-term future of the collection, which includes masterpieces by Gustav Klimt, Egon Schiele, Wassily Kandinsky, and Max Beckmann.

Metropolitan Museum und Neue Galerie in New York fusionieren

The Metropolitan Museum of Art and the Neue Galerie in New York are merging. Starting in 2028, the Neue Galerie will operate as a satellite of the Met, renamed "The Met Ronald S. Lauder Neue Galerie." Founded in 2001 by cosmetics entrepreneur and art collector Ronald Lauder, the Neue Galerie houses a renowned collection of German and Austrian art, including Gustav Klimt's "Adele Bloch-Bauer I." Met director Max Hollein announced the merger, which also includes a donation of 13 works from Lauder and his daughter Aerin, plus an endowment for ongoing operations.

The Metropolitan Museum of Art and the Ronald S. Lauder Neue Galerie New York Announce Plans for a Landmark Merger

The Metropolitan Museum of Art and the Ronald S. Lauder Neue Galerie New York have announced a landmark merger agreement, set to take effect in 2028. The merger will unite the Neue Galerie's collection of 20th-century Austrian and German art—including Gustav Klimt's *Portrait of Adele Bloch-Bauer I*—with The Met, while preserving the Neue Galerie's distinct museum experience. Ronald S. Lauder and his daughter Aerin Lauder Zinterhofer plan to donate 13 additional paintings from their personal collection, and several Met trustees have pledged significant endowment gifts to support the integration and long-term operations.

A True-to-Life Biennale

Hakim Bishara, editor-in-chief of Hyperallergic, reflects on the 61st Venice Biennale after returning to New York, describing it as historical, political, and thrilling. He counters critics who claimed the Biennale imploded due to boycotts and resignations, arguing it was more alive than ever. The late Koyo Kouoh's main exhibition "In Minor Keys" is praised for reflecting global woes and joys. The article also highlights a major strike by artists and cultural workers that disrupted the pre-opening, the first cultural strike in the Biennale's 131-year history, with 54 artists in the international exhibition and 22 national pavilion teams withdrawing from awards consideration in solidarity with the jury's resignation.

The Met Will Expand by Merging With the Nearby Neue Galerie

The Metropolitan Museum of Art will acquire the Neue Galerie's Fifth Avenue building and its collection of 20th-century Austrian and German art, starting in 2028. The collection was built by cosmetics magnate Ronald S. Lauder, who founded the Neue Galerie in 2001.