hooray for art

apparently wall real estate is looking really good right now…
"The list of sellers this season reads like a who's who of
Impressionist, modern and contemporary collectors. The Hollywood
executive David Geffen has entrusted Sotheby's to sell over $16 million
worth of works by Johns and de Kooning that he has owned for years. Lew
Manilow, a Chicago real estate developer, lawyer and philanthropist, is
offering "Three Sisters," a 1965 painting by Gerhard Richter with an
estimate of $4 million to $5 million, at Sotheby's. The Manhattan real
estate developer Richard Lane and his wife, Barbara, an interior
designer, hope to get about $15 million at Christie's for their Warhol
"Birmingham Race Riot," a silkscreen on paper inspired by a 1963
newspaper photo.
Baroness Marion Lambert, wife of Baron Philippe Lambert, a member of a
Belgian banking family, is parting with her entire collection of
contemporary photographs at a smaller auction house, Phillips de Pury &
Company, in collaboration with Philippe Segalot, a Manhattan dealer."
http://www.nytimes.com/2004/10/03/arts/03auct.html?
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