Economic Tide Is Rising for Repo Man
The recreational boating industry has faltered amid the housing slump, leading to a boom in repossessions. nytimes.com |
Hard Times Hit Auction Houses
Now that the years of stratospheric prices and high living are over, Sotheby’s and Christie’s are laying off scores of employees, restructuring departments and cutting costs. nytimes.com |
Buyer of Gandhi Effects Is No Ascetic Father of India
Vijay Mallya, the business tycoon who calls himself the “King of Good Times,” is worth an estimated $390 million. nytimes.com |
Art Prices (and Mood) Inch Back Up
The last two weeks of Impressionist, modern and contemporary art auctions saw the return of a surprising number of collectors, their wallets open, but only if the price was right. nytimes.com |
Christie’s and China’s Collaboration for ‘Trans-Realism’ Show
The auction house’s recent “Trans-Realism” show is part of an effort to improve relations with the Chinese, but some question the government’s role in the project. nytimes.com |