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Gawker: Si Newhouse Has Some Real Nice Art For Sale, Cheap! [Money Matters]
Gawker: Si Newhouse Has Some Real Nice Art For Sale, Cheap! [Money Matters]
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RT @theartmarket: Conde Nast Si Newhouse stands to lose as much as $10m from saleof Giacometti at auction tomorrownight http://bit.ly/3A5cIT 22 days ago |
Si Newhouse Has Some Real Nice Art For Sale, Cheap! [Money Matters]
Gawker —
... is prepared to take a $10 million loss just to sell off some art and raise some cash. That can't be good. CityFile reports that Newhouse paid $20 million for this fancy spindly-looking sculpture, "L'Homme Qui Chavire" by Alberto Giacometti, and now he's selling it at Sotheby's, where it's estimated to go for about half that. This, after he tried and failed to sell it at $20 million and $16 million. Regular Americans know this move as "Desperately taking shit to the pawn shop, to pay the bills." Conde Nast! Glamor! [ ...
Si Newhouse Has Some Real Nice Art For Sale, Cheap! [Money Matters]
Gawker —
... some art and raise some cash. That can't be good. CityFile reports that Newhouse paid $20 million for this fancy spindly-looking sculpture, "L'Homme Qui Chavire" by Alberto Giacometti, and now he's selling it at Sotheby's, where it's estimated to go for about half that. This, after he tried and failed to sell it at $20 million and $16 million. Regular Americans know this move as "Desperately taking shit to the pawn shop, to pay the bills." Conde Nast! Glamor! [Cityfile]
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