Hummm … now Sotheby’s is getting into the ‘art advisory’ business? Or, are the art advisers getting into the auction business … will be interesting to see if this works. Guess we now know why, just last month, the firm offered employees the opportunity to leave– they needed a little cash! This deal will cost Sotheby’s $50M up front and another $35M if certain goals are met. For more on this story from Robin Pogrebin click HERE.
Amy Cappellazzo