Preferences Preferences To safeguard0
Contact us
Paris Ouest (Paris 16ème - Victor Hugo)
Sotheby's International Realty
Paris Ouest (Paris 16ème - Auteuil)
Sotheby's International Realty
Paris Ouest (Paris 17ème - Etoile Monceau)
Sotheby's International Realty
Paris Ouest (Neuilly-sur-Seine)
Sotheby's International Realty
Paris Ouest (Hauts-de-Seine - Yvelines)
Sotheby's International Realty
Paris Marais
Sotheby's International Realty
Paris Est
Sotheby's International Realty
Send an email

Preferences

Currency

My research
  1. Home
  2. >
  3. All news
  4. >
  5. Press
  6. >
  7. Art market: the Macklowe collection sets a new sales record in New York

Art market: the Macklowe collection sets a new sales record in New York

Le Monde

Share this link
Art market: the Macklowe collection sets a new sales record in New York

922.2 million dollars (880 million euros): this is the figure announced by the auction house Sotheby's as part of the sale of the Macklowe collection. Following the divorce of the wealthy couple formed by Harry Macklowe, real estate developer and Linda Burg, honorary administrator of the Metropolitan Museum of Art in New York, their collection was put on the market in two batches.

A first sale held in November topped the fall season by bringing in $676.1 million in a single evening, with works like Alberto Giacometti's Le Nez, an impressive bronze sculpture fetching 78.4 million dollars, N°7 by Mark Rothko sold 82.4 million dollars, or Number 17, 1951 by Jackson Pollock sold 61.1 million dollars.

On May 16, during the second sale, the 30 other pieces were sold out in 90 minutes. The painting Untitled by Mark Rothko was sold for 48 million dollars, Seestück by Gerhard Richter was sold for 30.2 million and Andy Warhol's Self Portrait reached $18.7 million. It is "the most expensive collection ever sold at auction" said Sotheby's.

The latest articles
Ultra-luxury branded residences: Paris redefines prestige Real Estate
Read more
Ultra-luxury branded residences: Paris redefines prestige Real Estate

Paris is entering a new era of luxury real estate with the arrival of branded hotel residences developed by Maybourne, the iconic group behind Claridge’s in London. At the heart of the French capital, in the historic Îlot Saint-Germain, once a convent, literary...

Read more
Luxury Real Estate in the Hauts-de-Seine: Timeless elegance west of Paris
Read more
Luxury Real Estate in the Hauts-de-Seine: Timeless elegance west of Paris

Amid a slight recovery in the Greater Paris real estate market observed in early 2025, Hauts-de-Seine communes such as Rueil-Malmaison, Neuilly-sur-Seine, and Saint-Germain-en-Laye are asserting themselves more than ever as premier destinations for luxury real...

Read more
March 2025: Real Estate rebounds in Paris – A new opportunity for the prestige market
Read more
March 2025: Real Estate rebounds in Paris – A new opportunity for the prestige market

After two years marked by uncertainty, caution, and a significant slowdown in transactions, the Paris real estate market is entering a new phase. March 2025 signals a turning point: buyers are returning, driven by lower interest rates and price stabilization. For...

Read more