Auctions Christie’s S.I. Newhouse and 20th-Century Sale Jointly Net $507 Million, Signaling a Cautious Market That’s Still Willing to Shell Out for Rarities The sale was led by Henri Rousseau's jungle painting 'Les Flamants,' which sold for $43.6 million. By Annie Armstrong, May 11, 2023
NFTs Artist Cai Guo-Qiang’s Transcendent New NFT Project Invites You to Connect With an ‘Oracle That Lives on the Blockchain’ The artist's new NFT work, titled 'EET,' drops May 30. By Min Chen, May 11, 2023
Wet Paint James Turrell Gives the Wackiest Gala Speech, Ex Karma Director Opens Promising New Space in Chinatown, and More Juicy Art World Gossip Plus, which artist did Larry Gagosian bring to sit courtside at a Knicks game? Who showed up to Alex Arnault's star-studded birthday party? By Annie Armstrong, May 11, 2023
Art Fairs ‘It’s Like a Potluck’: The Spring Break Art Show Returns With Work by Regular Participants, Their Friends, and Their Friends’ Friends Spring/Break pulled together a show in less than three weeks' notice. By Sarah Cascone, May 11, 2023
Art Fairs The Newly Opened Photo London Includes Several A.I.-Generated Works to Showcase Artists’ Experiments With the Tool The works include those by Ori Gersht, Maisie Cousins, and kennedy+swan. By Jo Lawson-Tancred, May 11, 2023
Auctions The First Auction of Late Billionaire Heidi Horten’s Controversial Jewelry Proves Wildly Successful, Raking in $156 Million A late-breaking revelation that Horten's husband ‘profited from the situation’ of Jewish department store owners starting in 1936 did not hamper bidding. By Eileen Kinsella, May 11, 2023
Market The Warhol Self-Portrait That Inspired the Remorseful Book ‘I Sold Andy Warhol (Too Soon)’ Is Hitting the Auction Block Again Phillips is offering the storied work on behalf of a Finnish collector. By Katya Kazakina, May 11, 2023
Art Fairs Here Is Your Go-To Guide to the Next Two Weeks of Art Fairs in New York Buckle up, it's going to be a busy month. By Artnet News, May 11, 2023
Artnet News Pro From a Rare Klimt Still Life to a Paradoxical Magritte, Here’s Our Insider’s Guide to the Key Lots of New York’s $1.3 Billion Spring Auctions The market may be off its peak but liquidating single-owner collections mean there's no shortage of trophy lots and rare gems this season. By Eileen Kinsella, May 11, 2023
The Gray Market Why Should Artists Care About the Writers’ Strike? Because They Work Under the Same Global Pressures Our columnist unearths the hidden parallels between the Writers Guild of America’s walkout and the average artist’s plight. By Tim Schneider, May 10, 2023
Art Fairs Long Thought Lost, a Pair of Art Deco Murals That Once Hung in the Empire State Building Will Resurface at TEFAF The works by Winold Reiss were rediscovered by a gallerist on 1stDibs. By Vittoria Benzine, May 10, 2023
NFTs The Quilters of Gee’s Bend Head to the Blockchain, Collaborating With a Young Generative Artist on a Series of NFTs The project will go live on May 17 on Arsnl. By Taylor Dafoe, May 10, 2023
Auctions Two Jars Bought for $25 at a Thrift Store Turn Out to Be Qing Dynasty Treasures That Could Fetch $63,000 at Auction The seller has pledged to donate a portion of the sale to the charity shop from which they bought the objects. By Richard Whiddington, May 10, 2023
NFTs An Artist Asked ChatGPT How to Make a Popular Memecoin. The Result Is ‘TurboToad,’ and People Are Betting Millions of Dollars on It Rhett Mankind began the project as a lark. By Ben Davis, May 9, 2023
Galleries Why Do Artists Love the Dealer Charles Moffett So Much? For Starters, ‘He Keeps His Word.’ (Also, He Offers Healthcare) As the gallery celebrates five years in business and expands, artists tell us what sets him apart. By Eileen Kinsella, May 9, 2023
