Auctions Sotheby’s and Christie’s Place Hundreds of Workers on Furlough and Cut Executive Pay as Art Businesses Feel the Impact of Coronavirus Postponements Sotheby's is furloughing approximately 12 percent of its staff. By Eileen Kinsella, Apr 2, 2020
Auctions Following in the Footsteps of Other Auction Houses, Sotheby’s Will Postpone its Marquee May Sales In place of the postponed auctions in May, Sotheby's is launching two new online sales. By Taylor Dafoe, Apr 1, 2020
Auctions Sotheby’s Online Banksy Sale Just Made $1.4 Million, Proving That People Really Will Buy Banksy Under Any Circumstances More than half the buyers were new to the auction house. By Artnet News, Mar 27, 2020
Auctions Christie’s and Phillips Are Both Canceling Their Spring Art Sales in Favor of Having Giant Mega-Auctions in June The sales will now take place this June in New York. By Eileen Kinsella, Mar 19, 2020
Auctions The Hotly Anticipated Auction of the Macklowe Collection, Predicted to Raise the Art Market to New Heights, Has Been Postponed The sale could rake in upwards of $700 million. By Eileen Kinsella, Mar 18, 2020
Auctions As Health Concerns Put a Stop to Public Gatherings, New York Auction Houses Face a Reckoning—But Plan to Continue With Major Sales Christie's and Sotheby's have not yet formally called off their bellwether sales in May, even if all of New York is currently on lockdown. By Nate Freeman, Mar 16, 2020
Auctions Auction Blotter: Kenny Scharf Shatters Records, Elizabeth Peyton Drops the Mic, and More Highlights From New York’s Day Sales Which artists were crowned the new rising stars of the art market during the annual midseason sales? Read on to find out. By Nate Freeman, Mar 9, 2020
Auctions As the Auction-House Race for Estates Continues, Sotheby’s Wins 26 Blue-Chip Treasures From the Anderson Collection Worth $55 Million The works, which will be auctioned in May, include pieces by Mark Rothko, Richard Diebenkorn, and Clyfford Still. By Eileen Kinsella, Feb 26, 2020
Auctions Phillips’s Contemporary Art Sale Fetched a Middling $27 Million, Led by a Shocking Six-Figure Price for Young Star Amoako Boafo The sale total was down a considerable 43 percent from last year. By Colin Gleadell, Feb 13, 2020
Auctions Christie’s Postwar and Contemporary London Sale Brings in a Lackluster $72.7 Million, Its Lowest Total Since 2010 The auction saw all but one lot sell—but the final result tumbled 16 percent from the equivalent sale last year. By Colin Gleadell, Feb 12, 2020
Auctions Sotheby’s First Major Contemporary Art Auction After Brexit Brings in a Steady $120 Million, Led by Tepid Bidding on a Hockney Pool Painting The top lot of the night, a David Hockney, drew only two bids before selling. By Colin Gleadell, Feb 11, 2020
Auctions Jeff Bezos Reportedly Spent More Than $70 Million on a Kerry James Marshall and a Record-Shattering Ed Ruscha at Auction Last Fall The richest man in the world is now reportedly a major collector. By Eileen Kinsella, Feb 6, 2020
Auctions Tamara de Lempicka Joins Magritte and Giacometti as the Star of Christie’s $138.9 Million Impressionist and Modern Sale Four lots went for over $10 million. By Colin Gleadell, Feb 5, 2020
Auctions Looking to Lure New Buyers, Christie’s Tried a Sale of Art Starting at Just $100. It Paid Off Big Time The "most accessible" auction ever had an auspicious start By Eileen Kinsella, Feb 5, 2020
Auctions Sotheby’s London Met Expectations With a $64.8 Million Impressionist and Modern Sale—But Expectations for the Category Are Softening Auction house experts attribute the increasingly slim sale estimates to a dearth of masterpieces. By Colin Gleadell, Feb 4, 2020
