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In New York, the dispersion of the Macklowe collection keeps its promises

Posted on Nov 16, 2021 7:09 AMUpdated Nov 16, 2021, 4:45 PM

When Oliver Barker says “give me five”, you have to understand “$ 500,000”. And for the largest works, it is more often at a step of 1 million dollars that the auctioneer of Sotheby’s raised the stakes, Monday evening in New York. On the seventh floor of the glass building on York Avenue, the auction house dispersed the first part of the Macklowe collection against the backdrop of a divisive divorce. Thirty-five paintings and sculptures, and as many testimonies of modern art of the twentiethe siècle : Mark Rothko, Cy Twombly, Willem De Kooning, Gerhard Richter…

Summary of the evening, attended by Patrick Drahi, owner of Sotheby’s, as well as Harry Macklowe, who arrived the day before from Paris with his new wife – French – Patricia Landeau: $ 676.1 million (commissions included). Either a sales record for the Sotheby’s house. The low estimate for this first session was 440 million (excluding commissions).

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