Deep Inside Sotheby's $600+m Bet on Macklowe, Part 1
When last we left the art market—just a few short weeks ago in London—the story was all about the hunt for new talent with collectors making aggressive bets on the “next big thing” artist. Had the top of the art market become dormant, or had it simply retreated into the secrecy of the private market on WhatsApp?
Perhaps we were all left with the wrong im…
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