new record in New York with the sale of the Macklowe collection

The hyper-dynamic art auction market in New York has once again broken a record claimed by Sotheby’s: 922 million dollars for the very famous Macklowe collection sold twice, last November and Monday 16 May evening.

Sotheby’s, which has moved from London to New York and since 2019 has been owned by Franco-Israeli telecom magnate Patrick Drahi, dominated the fall season in November by totaling $676.1 million in sales in a single evening. with the first batch of 35 works from this Macklowe collection. On Monday night, Macklowe’s other 30 plays sold out within 90 minutes for $246.1 million. With a “total of $922.2 million”this in fact “the most expensive collection ever sold at auction”welcomed Sotheby’s.

It was put on the market in two batches following the divorce of the wealthy couple formed by Harry Macklowe, a real estate developer, and Linda Burg, an honorary administrator of the Metropolitan Museum of Art (Met) in New York. Among the successful sales of the evening, the painting Untitled of Mark Rothko left for 48 million dollars, the seascape by Gerhard Richter sold for $30.2 million and the Self Portrait by Andy Warhol which reached $18.7 million, according to Sotheby’s.

In November, The nose by Alberto Giacometti, an impressive suspended bronze on which the sculptor had begun to work in 1947 had been sold for 78.4 million dollars, N°7, a minimalist painting by Mark Rothko, 82.4 million and Number 17, 1951 by Jackson Pollock sold for $61.1 million.

The art market is doing wonderfully in New York. The spring sales season began on May 9 at Sotheby’s competitor Christie’s (owned by French wealthy François Pinault), which sold a portrait of Marilyn Monroe Shot Sage Blue Marilyn by Andy Warhol for $195 million. The most expensive 20th century work of art ever sold at public auction.

Thursday evening, Christie’s had also sold for 831 million dollars of works, including the bronze sculpture Fourteen year old dancer, by Edgar Degas, part at 41.6 million dollars, the highest ever at auction for the French artist. And the Raptora skeleton of a Deinonychus antirrhopus dinosaur, made up of 126 fossilized bones and measuring more than three meters long, was sold for 12.4 million dollars.

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