In the Upper West Side apartment he has just closed a deal on, real‑estate agent Avi Levi‑Braha levels with his client. “In my 11 years working in New York, I’ve never seen anything like this. I know plenty of major landlords who want to get out. I understand this mayor means well, but his policies are going to end up hurting everyone,” he confides in a low voice, as if someone else were listening.

Seguir leyendo

New York offers a very good indicator of where the world’s great fortunes are headed. And the first signs suggest that, despite the uncertainty surrounding the crisis in Iran, the wealthy are eager to spend their money, especially on art. This is the conclusion of the Sotheby’s auction held this Thursday, which marks the start of the biggest week of art in the financial capital of the United States. Mark Rothko’s painting “Brown and Blacks in Reds” sold for $85.8 million (with fees), very close to the Latvian-born American painter’s record of $86.9 million. This abstract painting from 1957 had a pre-sale estimate of between $70 and $100 million.

Seguir leyendo