The season’s top lot provoked gasps at Sotheby’s when it failed to sell — but there are worrying implications beyond the high ...

Sotheby’s Modern evening sale in New York brought in $152m ($186.4m with fees) on Tuesday, 13 May, far below the auction ...

Alberto Giacometti’s $70 million bronze head failed to sell at Sotheby’s, shaking confidence in the high-end art market.

The spring sales arrived in a gloomy market threatening full-on catastrophe. But there were some bright spots, including a ...

It cost $73 million for Guttman to develop UOVO QPN in 2013, KBRA said. The Met pays $63 a square foot for 22,000 square feet ...

Insiders worry a sculpture's failure to sell at auction signals a reluctance among buyers to invest in art in this economic ...

Sotheby’s banner Aboriginal art auction was hoped to be a springboard into the launch of a new Rockefeller gallery in the Met ...

Performing below their low estimates, the auction houses bet on a “flight to quality” but found little interest from bidders ...

Works from the collections of two influential gallerists helped to offset an unsold Giacometti at Sotheby’s marquee New York ...

At the Art for Tomorrow conference in Milan, participants faced sobering financial and geopolitical realities, while still ...

New York's marquee auctions fell short despite big-ticket art. Is weak demand, not supply, the real problem facing today’s ...