Born in New York City, he was greatly influenced by the Dutch artist Piet Mondrian when he arrived in New York in 1940. Budnick studied with Hans Hoffmann and became friends with Harry Holtzman and Carl Holty, among the founders of the American Abstract Artists group.
He also received encouragement from Hilla Rebay, the eccentric baroness and artistic advisor for Solomon Guggenheim. In 1939, Guggenheim and Hilla Rebay opened the Museum of Non-Objective Painting, later named the Solomon R. Guggenheim Museum. Rebay supported many artists, including Budnick, by hiring them as support staff for the museum.
Untitled, 1976
Oil on board, 46x61 cm, signed lower right