New York Auction Results: The Fall of Brazilian Historical Lots – November 2025
The Fall 2025 auction season in New York delivered a strong and self-assured performance for the global Post-War and Contemporary market. Across the major houses, robust totals reaffirmed the sector’s resilience and highlighted major shifts in capital flows.
Sotheby’s emerged as the clear leader, surpassing $1.1B in total sales for the season, driven by two major engines: the landmark sale Leonard A. Lauder, Collector (over $530M) and The Now & Contemporary Evening Auction, which alone achieved $178.5M. Christie’s followed closely, reaching approximately $964.5M during its marquee week, marked by $471.7M from the 20th Century Evening Sale and $218M generated by the Collection of Robert E. and Patricia G. Ross Weis.
From London Whispers to Paris Booms: Art Basel 2025
The closure of several major galleries in London, from the legendary Marlborough last year to Almine Rech last week, signals a decisive shift in the post-Brexit art landscape. Once Europe’s undisputed market hub, London is now losing momentum, as more than 16,500 millionaires are expected to leave the UK this year alone, according to the Henley & Partners Wealth Migration Report. They take with them not only capital but confidence, leaving behind a scene in quiet recalibration. Traditional gallery models are being rethought, expansion plans paused, and cost-cutting has become the new mantra less is more.