{"id":1916177,"date":"2026-05-03T23:57:52","date_gmt":"2026-05-03T20:57:52","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=1916177"},"modified":"2026-05-03T23:57:52","modified_gmt":"2026-05-03T20:57:52","slug":"whos-selling-art-at-the-may-2025-auctions-in-new-york","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=1916177","title":{"rendered":"Who&#8217;s Selling Art at the May 2025 Auctions in New York?"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/www.artnews.com\/wp-content\/uploads\/2026\/03\/Jean-Michel-Basquiat-Museum-Security-Broadway-Meltdown-2.jpg?w=1024&#8243;]<\/p>\n<div class=\"a-content a-content--offset lrv-a-floated-parent lrv-u-font-family-body lrv-u-line-height-normal lrv-u-font-size-18 lrv-u-position-relative\">\n<div class=\"pmc-paywall\">\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tIt\u2019s springtime in the art world, and that can mean only one thing. Not the Venice Biennale, though that is no doubt where many dealers, collectors, and artists are this week. No, we\u2019re talking about the May marquee sales.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tThis year\u2019s sales arrive, as always, at something of an inflection point for the market. Following two years of sales declines, the global art market returned to modest growth of 4 percent last year, according to the most recent Art Basel &amp; UBS Art Market Report. The total sales figure of $59.6 billion was buoyed not by collectors piling back into contemporary art but by a surge of high-quality consignments in the November sales, namely that of Leonard Lauder\u2019s collection at Sotheby\u2019s, which was headlined by a $236.4 million Klimt.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tWhile there are no works in the spring sales season expected to approach that eye-watering result, that doesn\u2019t mean there aren\u2019t trophy works. The major houses seem to have received the message: Collectors want artists with deep, stable markets and artworks with established, top-shelf provenance. Thankfully, for them, works from some of the most storied collections have shaken loose. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tChristie\u2019s will be offering 16 lots from the estate of S. I. Newhouse, topped by a Constantin Br\u00e2ncu\u0219i sculpture, <em>Dana\u00efde<\/em> (ca. 1913), and a Jackson Pollock painting, <em>Number 7A, 1948<\/em>, which are estimated at $100 million each. The house is also offering three lots from the collection of former Museum of Modern Art board president Agnes Gund, the most expensive of which is a 1964 Mark Rothko work <em>No. 15 (Two Greens and Red Stripe)<\/em>, estimated at $80 million. Christie\u2019s rounds out its evening sales with a group of Gerhard Richter paintings from the collection of Marian Goodman, who died in January. The top piece in that grouping carries a $50 million estimate.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tNot to be outdone, Sotheby\u2019s has its own Rothko trophy work on offer, the 1957 painting <em>Brown and Blacks in Reds<\/em>, estimated at $100 million. That work is one of 24 on offer from the collection of the late dealer and financier Robert Mnuchin. There is also a second Rothko, <em>No. 1<\/em> (1949), estimated at $15 million to $20 million. Sotheby\u2019s is also offering some 50 works from the collection of David and Shoshanna Wingate, including the Giacometti sculpture <em>La Clairi\u00e8re (Composition avec neuf figures)<\/em>, estimated between $18 million and $25 million.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tThose are all the big-name consignors announced, and touted, by the auction houses. What about the unnamed consignors for other top lots in the sales? Well, <em>ARTnews<\/em> can reveal more than a few. (Note: As always, none of the auction houses will confirm or deny any consignors.)<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tAt the top of the pile is Jean-Michel Basquiat\u2019s monumental 1983 painting <em>Museum Security (Broadway Meltdown)<\/em>, set for Sotheby\u2019s contemporary art evening sale on May 14, with an estimate of $45 million. Several sources told <em>ARTnews<\/em> that the consignor is, in fact, John Sayegh-Belchatowski. The painting last sold to an unnamed buyer for $14.6 million at Christie\u2019s London in 2013; at the time, the <em>Baer Faxt <\/em>reported that Sayegh-Belchatowski was the buyer. And while the collector did not respond to a request for comment, he posted about the work on Instagram shortly after the consignment was announced. His Instagram profile picture is also of the work, from when it was on view at Switzerland\u2019s Fondation Beyeler.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tAlso in that Sotheby\u2019s sale is Elizabeth Peyton\u2019s 1996 painting <em>Earl\u2019s Court (Liam + Noel)<\/em>, carrying an estimate of $1.5 million to $2 million. That work appears to be from the collection of New York\u2013based neurosurgeon and collector Frank Moore and his late wife Nina, who appeared on the 2025 edition of the <em>ARTnews<\/em> Top 200 list. Per Sotheby\u2019s, the work was last sold in 1998; a catalogue for the 2008 New Museum exhibition \u201cLive Forever: Elizabeth Peyton\u201d lists the Moores as the lenders of that work.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tOne last reveal for that Sotheby\u2019s sale: Agnes Martin\u2019s 1981 work <em><em>Untitled #10<\/em><\/em>, which carries a $7 million to $10 million estimate, was sold to its current owner in 1998 by Sperone Westwater. Per Tiffany Bell\u2019s catalogue raisonn\u00e9 for the artist, first published in 2017, the work is owned by Richard I. Furman. <\/p>\n<div class=\"post-content-image \/\/  \">\n<figure class=\"o-figure   size-large alignnone lrv-u-max-width-100p\">\n<div class=\"c-lazy-image  \">\n<div class=\"lrv-a-crop-16x9\"><img loading=\"lazy\" decoding=\"async\" class=\"c-lazy-image__img lrv-u-background-color-grey-lightest lrv-u-width-100p lrv-u-display-block lrv-u-height-auto\" src=\"https:\/\/www.artnews.com\/wp-content\/uploads\/2026\/05\/ANDY_WARHOL_Double_Elvis_Ferus_Type.jpg?w=400\" alt=\"Andy Warhol's 1963 work &quot;Double\u00a0Elvis\u00a0[Ferus Type]&quot; carries a $25 million\u2013$35 million estimate in Christie's New York's 20th century evening sale in May.\" height=\"900\" width=\"1200\"><\/div>\n<\/div><figcaption class=\"c-figcaption  lrv-u-font-size-12 lrv-u-flex lrv-u-flex-direction-column lrv-u-padding-tb-025\"><span class=\"lrv-u-font-size-14@desktop\">Andy Warhol\u2019s 1963 work \u201cDouble\u00a0Elvis\u00a0[Ferus Type]\u201d carries a $25 million\u2013$35 million estimate in Christie\u2019s New York\u2019s 20th century evening sale in May.<\/span><cite class=\"lrv-u-text-transform-uppercase lrv-u-color-grey\">Courtesy Christie\u2019s<\/cite><\/figcaption><\/figure>\n<\/div>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tOne of the top lots in Christie\u2019s 20th century evening sale on May 18, Andy Warhol\u2019s 1963 work <em>Double Elvis [Ferus Type]<\/em> has a considerably longer history. Passing through no fewer than a dozen hands in its 60-plus years in existence, including Leo Castelli and Ileana Sonnabend, the work was most famously on view in Las Vegas\u2019s Palms Casino Resort, as part of an art-focused revamp of the Old Vegas icon after its purchase by Station Casinos for $313 million. Brothers Frank J. Fertitta III and Lorenzo Fertitta, the CEO and president and the chairman, respectively, of Station, are noted art collectors, with an emphasis on American Pop art and Abstract Expressionism. Several sources confirmed to <em>ARTnews<\/em> that the Fertittas are the consignors of <em>Double Elvis<\/em>.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tIn Christie\u2019s day sales are several works that appear to be consigned by <em>ARTnews<\/em> Top 200 collector Elie Khouri. First is the 2010 Lynette Yiadom-Boakye painting <em>Shoot the Desperate, Hug the Needy<\/em>, estimated at $700,000 to $1 million. That work was originally bought by movie mogul Michael Lynne and his wife Ninah from New York dealer Jack Shainman in 2010. However, at some point he returned it to Shainman, who then sold it to Khouri in 2018. The Dubai-based collector proudly posted it to Instagram in 2019, and last year the painting was shown hanging in his home in an interview in <em>Frieze<\/em> magazine. (Khouri declined to comment.)<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tThe Yiadom-Boakye work is listed as \u201cProperty from a Distinguished Collection\u201d; other works in that sale carrying the same designation are Richard Prince\u2019s 2005 painting <em>My Mother-in-Law<\/em>, estimated at $120,000 to $180,000, which was last purchased at Christie\u2019s London in 2017, and a 2021 mixed-media piece by Alex Da Corte, <em>The Sexy Alphabet Dream<\/em>, estimated at $70,000 to $100,000.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tAnd if you are wondering who is behind the mystery collection carrying the appellation \u201cA Matter of Seeing: Property from a Distinguished Collection\u201d in Christie\u2019s postwar and contemporary art day sale, <em>ARTnews<\/em> has heard from a reliable source that it is none other than Ronald Lauder. All 18 works from Lauder, according to auction house\u2019s provenance records, were originally owned by the Est\u00e9e Lauder Company. The works are mostly works on paper and some screen prints, including an untitled Brice Marden work made between 1965 and 1967, estimated at $200,000 to $300,000; a graphite seascape by Vija Celmins from 1972, with an estimate of $1.5 million to $2 million; and a deep red canvas covered in teal spots by Larry Poons, painted in 1965, estimated at $400,000 to $600,000.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tLastly, Phillips may be trying to catch some of the buzz from Sotheby\u2019s Mnuchin sale by designating its untitled 1948 Pollock painting as \u201cProperty Formerly from the Collection of Robert Mnuchin.\u201d The work was indeed in the late dealer\u2019s collection from 1990 until November 2024, when it came up for sale at Phillips. It failed to sell. Then things got complicated when the third-party guarantor, David Mimran, son of billionaire Jean-Claude Mimran, allegedly failed to pony up the funds; Phillips is currently suing Mimran. The painting now carries an estimate of $7 million to $10 million.<\/p>\n<\/div>\n<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.artnews.com\/art-news\/market\/may-2026-auction-sales-christies-sothebys-basquiat-warhol-1234783663\/&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/www.artnews.com\/wp-content\/uploads\/2026\/03\/Jean-Michel-Basquiat-Museum-Security-Broadway-Meltdown-2.jpg?w=1024&#8243;] It\u2019s springtime in the art world, and that can mean only one thing. Not the Venice Biennale, though that is no doubt where many dealers, collectors, and artists are this week. No, we\u2019re talking about the May marquee sales. This year\u2019s sales arrive, as always, at something of an inflection point for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[61,226],"class_list":["post-1916177","post","type-post","status-publish","format-standard","hentry","category-politics","tag-artnews-com","tag-crawlmanager"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1916177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1916177"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1916177\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1916177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1916177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1916177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}