ARTFEED — Contemporary Art Intelligence

New Museum Expands with Transparent Addition and Notable Art Market Events

institutional · 2026-03-31

The New Museum in New York City has unveiled a new transparent extension designed by OMA / Shohei Shigematsu and Rem Koolhaas, opening on March 21. This addition doubles the exhibition space of the SANAA-designed main building on the Bowery and features a new atrium with a staircase, along with an enlarged Sky Room offering city views. The inaugural exhibition is titled 'New Humans: Memories of the Future.' In other art news, a recently rediscovered still life by 17th-century French painter Lubin Baugin, 'Nature morte aux financiers,' sold for €440,000 at Vichy Enchères on August 16, 2025, setting a new auction record for the artist. This sale has reignited interest in Baugin, whose works are held by institutions like the Louvre. Additionally, the Friends of the Pinakothek der Moderne celebrated their 60th anniversary with a benefit auction on November 15, featuring contemporary works such as Peter Halley's 'Dada Ji,' expected to fetch at least €140,000. Meanwhile, at Breker auction house in Cologne, a rare Hasselblad HK 7 aerial camera from 1941 sold for €32,000 on September 13, far exceeding its starting price of €900.

Key facts

  • The New Museum's new extension opened on March 21, designed by OMA / Shohei Shigematsu and Rem Koolhaas.
  • The addition doubles the museum's exhibition space and includes a new atrium and enlarged Sky Room.
  • Lubin Baugin's 'Nature morte aux financiers' sold for €440,000 at Vichy Enchères on August 16, 2025.
  • The sale set a new auction record for Baugin, a 17th-century French painter.
  • Peter Halley's 'Dada Ji' was featured in a benefit auction for the Pinakothek der Moderne on November 15.
  • The Halley work is expected to sell for at least €140,000.
  • A Hasselblad HK 7 aerial camera from 1941 sold for €32,000 at Breker auction house on September 13.
  • The camera's starting price was €900.

Entities

Artists

Institutions

  • New Museum
  • OMA
  • SANAA
  • Vichy Enchères
  • Louvre
  • Sotheby's
  • Pinakothek der Moderne
  • Breker

Locations

  • New York
  • Lower East Side
  • Manhattan
  • Bowery
  • Vichy
  • Toulouse
  • Cologne
  • Göteborg

Sources