News and Events March 5, 2003 admin
Industry News – Sotheby’s on the Auction Block
Sotheby’s has entered into an agreement to sell its worldwide headquarters in
The company will lease back the York Avenue building, widely regarded as the
The money from the sale will be used to pay off anti-trust fines and $100
In October, European Union competition authorities fined Sotheby’s 20.4 million euros ($20.1 million) for a price fixing scandal.
Sotheby’s operates in 34 countries, with principal salesrooms located in New