Story perspectives

New York Art Auctions Surge to $690 Million

11/18/2025

Summary

Story summary

Christie’s and Sotheby’s held major New York art auctions that generated about $690 million, underscoring recovery from last year’s $486 million.
Christie’s 20th-century evening sale featured Mark Rothko’s No. 31 (Yellow Stripe), which sold for $62.2 million.
The Robert F. and Patricia G. Ross Weis collection contributed works totaling $218 million.
Sotheby’s auction will include works from the Leonard A. Lauder collection, with Klimt’s Bildnis Elisabeth Lederer estimated $150 million.

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Story summary

Christie’s and Sotheby’s held major New York art auctions that generated about $690 million, underscoring recovery from last year’s $486 million.
Christie’s 20th-century evening sale featured Mark Rothko’s No. 31 (Yellow Stripe), which sold for $62.2 million.
The Robert F. and Patricia G. Ross Weis collection contributed works totaling $218 million.
Sotheby’s auction will include works from the Leonard A. Lauder collection, with Klimt’s Bildnis Elisabeth Lederer estimated $150 million.