Carlie Porterfield

Art marketanalysis

Christie’s pulls off a safe 21st-century evening sale in New York, powered largely by a $58m Basquiat

While a handful of lots—including new records for Diane Arbus and Simone Leigh—created a buzz in saleroom, bids felt reined in amid economic uncertainty

At Tefaf New York, dealers spotlight work by women

Gallerists at the fair say more collectors are invested in greater gender diversity among their holdings and are keen to invest in art by women

Stephen Friedman opening New York location in Tribeca

It’s the latest in a long line of galleries to open in the upscale New York neighbourhood

Photographs from Madonna’s Sex book go to auction for the first time

Proceeds from prints that were first published in the bestselling coffee table book will go toward the singer’s Malawi non-profit

Art marketfeature

Auction houses anticipate $2.2bn from New York spring sales despite cooling market

Demand for ultra contemporary works may have eased but there is little sign of a sales slump, say the New York firms

Officials in Mexico call on Dutch auction house to halt sale of pre-Columbian artefacts

Some 30 objects in an auction this week are protected by Mexico’s cultural heritage laws, authorities there say

KAWS wins nearly $1m in damages in counterfeit lawsuit

Artist Brian Donnelly first filed the lawsuit against Dylan Joy An Leong Yi Zhi in 2021

The Armory Show lines up more than 225 galleries for fair’s third year at sprawling Javits Center

The fair has grown to be among the largest in the world since it began as a hotel fair in 1994

Rare Gustav Klimt lake landscape to make auction debut in New York

The painting is estimated to sell for around $45m next month at Sotheby's

Dallas Art Fair gets a boost from Texas’s resilient economy and surging population

Despite the fair’s more sedate, distinctly Southern pace, local and international dealers reported plenty of sales during the VIP preview

Dallas Museum of Art acquires 12 works at Dallas Art Fair with annual gift

The museum spent $100,000 to bolster its collection thanks to funding from the Dallas Art Fair Foundation

Battle of the Basquiats: Christie’s and Sotheby’s both have big, eight-figure paintings lined up for marquee spring sales

'El Gran Espectaculo (The Nile)' and 'Now’s the Time' are estimated to sell for $45m at Christie’s and $30m at Sotheby’s, respectively

Renoir, Degas and Goya works from collection of Rhode Island School of Design’s founding family head to auction

The paintings and drawings are estimated to fetch more than $8m at Christie’s New York in May

Victor Vasarely works seized in Puerto Rico amid longstanding family feud over Op artist’s legacy

More than 100 paintings by the late artist and his son were allegedly taken in the FBI raid

Three US museums use prize funds to acquire works from Expo Chicago

The institutions that won the fair's Northern Trust Purchase Prize selected artwork by artists Mohau Modisakeng, Wole Lagunju and Claudia Peña Salinas for their permanent collections

Art in the Windy City: Expo Chicago fair and beyond

Plus, how Northern Ireland's museums are marking 25 years since the Good Friday Agreement and an extravagant portrait of a 19th century French actor

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Dealers report strong first-day sales as Expo Chicago’s largest edition yet draws a 'critical mass' of Midwestern collectors

Collectors from the Midwest and beyond turned up for the fair’s VIP preview, as did the city’s next mayor and one of its most famous rappers

Florida woman mows down Damien Hirst sculpture with her Rolls-Royce

The work, from the series Hirst premiered at the 2017 Venice Biennale exhibition, is reportedly worth $3m

Miami officials vote to continue luxury high-rise construction after Native American site found

The developer behind the project is the Related Group, founded by the billionaire art collector Jorge M. Pérez

Mexiconews

One-tonne statue of Olmec ‘Earth monster’ that was illegally taken to US will be returned to Mexico

Authorities in New York recently informed Mexican officials that the artefact was recovered, though when exactly it was stolen and brought to the United States is unclear

Art fairsfeature

Expo Chicago fair turns ten: dealers say low cost of living and greater freedom to experiment nurtures US city’s art scene

Chicago is benefiting from a new generation of innovative collectors and a rich cultural ecosystem

Dallas Art Fair hopes to cash in on city’s expansion

For the first time, it will share the stage with the smaller boutique fair Dallas Invitational

Paintings by Ed Ruscha, Philip Guston and others from major Chicago collection headed to auction at Christie’s

A group of paintings and works on paper from the collection of Alan and Dorothy Press is estimated to fetch more than $50m across multiple sales in New York this spring

Asia Week New York bounces back from Covid-19 restrictions with $131m in sales

A print of the "Great Wave" by Hokusai sold for a record-breaking $2.8m at Christie’s during the series of exhibitions and auctions

Mexican authorities condemn French auction of pre-Columbian artefacts

In all, 83 artefacts scheduled to be sold in Paris next week are protected under Mexican law, authorities say

Turmoil at First Republic could jeopardise the bank’s art world sponsorships

The San Francisco-based bank is a corporate partner at museums across the US

Hong Kong heiress sues gallery over alleged £500,000 Banksy fraud

Karen Lo says the dealer Pearl Lam never followed through with her purchase of a well-known painting by the secretive British artist