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Alberto Giacometti's L'homme au doigt (1947) sold for $141.3 million.

Christie’s Nets $705.8 M. at ‘Looking Forward’ Sale, Led by Picasso and Giacometti Record Setters

Earlier tonight Christie’s hosted an impressive $705.8 million auction that set a new world record for a single work of art at auction with Pablo Picasso’s Les femmes d’Alger (Version ‘O’) (1955), which went for $179.3 million. The evening also set six new auction … Read More


Market News
Jack Tworkov, Knight Series #2 (Q3-75 #3), 1975
Oil on canvas, 90 x 75 inches.COURTESY ALEXANDER GRAY ASSOCIATES, NEW YORK/©2015 JACK WHITTEN/LICENSED BY VAGA, NEW YORK

Alexander Gray Now Represents the Jack Tworkov Estate

The estate of Abstract-Expressionist Jack Tworkov is now represented by New York’s Alexander Gray Associates, its namesake dealer told ARTnews in a recent telephone interview. For its first Tworkov show, which the gallery will present in September, it is taking a … Read More


Market News
Sotheby's New York.


COURTESY WIKIMEDIA COMMONS

Sotheby’s Posts $5.2 M. Profit for First Quarter, Expenses and Revenue Down Over Last Year

Sotheby’s today released its financial results for the first quarter of 2015, which ended on March 31 this year. The house posted a profit of $5.2 million for that period, up from the $6.1 million loss it reported during the same period … Read More


Market
Saatchi Art's homepage today.

Saatchi Suing Demand Media for Use of His Name

Last year, Demand Media purchased Saatchi Art, which sells artwork online. Now Skate’s Art Market Research, which is owned by the same parent company as ARTnews, has looked through Demand’s SEC report for the first quarter of the year, and reveals … Read More


Market News
COURTESY SOTHEBY'S VIA AP

Sotheby’s Opens Spring Auctions With $368.3 M. Impressionist and Modern Sale

On Tuesday, and amid most of the art world’s late spring break to the opening of the Venice Biennale, Sotheby’s kicked off New York’s auction season with a strong sale that saw impressive results for Vincent van Gogh and Claude … Read More


Market News Reviews
Jacob Lawrence's The Lovers.


COURTESY SOTHEBY'S

Running Through S|2 With His Woes: On Drake’s Sotheby’s Soundtrack

Drake may know a guy at Sotheby’s, but the show “I Like It Like This,” presented by the auction house’s gallery arm, S|2, which features 56 works of art by 31 black American artists, is a success, surprisingly not in spite of … Read More


Frieze New York 2015 Market News
Hayley Silverman's Roughing It (2015) at New Theater in Berlin.COURTESY THE ARTIST

NADA New York Announces Special Projects and Programming, From a Canine Performance to a Poker Tournament

Spring has returned to beautiful New York City, and that means that it is time for Frieze New York, NADA New York, and its surrounding fairs. Today NADA detailed some of the special projects and programming it will host alongside … Read More


Market News
Volta10 under Markthalle's cupola dome. 


COURTESY VOLTA

Here’s the 2015 Volta Exhibitor List

Volta announced today the exhibitors for its 2015 edition, which returns the fair to the Markthalle, Basel’s iconic cupola located in the city’s center, from June 15 to 20 during Art Basel. For the fair’s eleventh edition this year, exhibitors … Read More


Market News The 200 Top Collectors
Andy Warhol's Turquoise Marilyn. 


COURTESY SOTHEBY'S

Collector Stefan Edlis Talks Tax-Free Art Deals, Collecting: ‘I’m Over-Invested’

Hot on the heels of The New York Times’s look at how collectors are avoiding capital gains taxes on art sales through the like-kind exchange in the tax code, Bloomberg’s Katya Kazakina has a great story that delves into how people in the art … Read More


Graphics Market
lower_east_side_galleries_2010_2015

Just How Quickly Has Manhattan’s Lower East Side Gallery District Grown?

Anyone who has visited Manhattan’s Lower East Side over the past few years knows that it seems to be growing more and more densely packed with galleries every single day. There are now a grand total of 132 of them … Read More


Market News
New site of Art Brussels 2016.

COURTESY TOUR & TAXIS

Art Brussels Relocating to Inner-City Brussels in 2016

The Art Brussels fair, which runs this weekend, is moving to a more central location for its 2016 edition—Tour & Taxis, which was formerly the site of the Royal Customs House. Constructed between 1904 and 1906, it sits adjacent to a … Read More


Market News
Screenshot of the screensaver, Event Listeners. 


COURTESY COINTEMPORARY.COM

MAK Vienna Becomes First Museum to Use Bitcoin to Acquire Art, a Harm van den Dorpel

Digital currencies have been (very) slowly but surely infiltrating the art market, and now the Austrian Museum of Applied Arts/Contemporary Art (MAK) has become the first museum in the world to have purchased a work of art using Bitcoin.That work, … Read More


Market News
An intact and complete Elephant Bird Egg, Madagascar, 17th-century or earlier.COPYRIGHT SOTHEBY'S

Sotheby’s to Auction Big Ass Egg

Here’s one for all you egg fans out there: Sotheby’s sent out an e-mail blast this morning—headline: “The World’s Most Valuable Egg?”—announcing that it was selling an “extremely rare elephant bird egg,” valued at £30,000–£50,000 ($45,450–$75,750). For anyone used to … Read More


Market News
The Hotel du Duc.COURTESY CURTYS.COM

Outsider Art Fair Moves to New Locations in Paris and New York

The Outsider Art Fair, which will be held in Paris this fall and in New York next winter, has settled on new locations for both of its forthcoming iterations. In Paris, the fair will move to the Hôtel du Duc, … Read More