To Settle a Bitter Divorce, a Court Is Expected to Task Veteran Dealer Michael Findlay With Selling Harry and Linda Macklowe’s $700 Million Art Collection
Art Business

To Settle a Bitter Divorce, a Court Is Expected to Task Veteran Dealer Michael Findlay With Selling Harry and Linda Macklowe’s $700 Million Art Collection

The hefty collection may be coming to an auction block near you soon. Harry Macklowe and Linda Macklowe. Photo Patrick McMullan/A. Scott. There is an old adage in the auction industry that major art sales are driven by the “three D’s”: debt, divorce, and death. But rarely has there been a “D” as big as the acrimonious split of billionaire art-collecting couple Harry and Linda Macklowe. Their unprecedented divorce, one of the largest in New York history, has dragged on for several years as they battle over assets including pricey real estate in New York and the Hamptons, yachts, and, of course, a stunning art collection estimated to be worth upwards of $700 million. Now, artnet News has learned that veteran art dealer and former Impressionist and Modern art department head at Christie’s, Michael Findlay, is expected to be appointed as receiver of the collection and will be tasked with overseeing the sale of the massive art trove, according to four sources with knowledge of the arrangement. A court order announcing Findlay’s involvement is due to be made public sometime this week, we understand. Findlay, a director at the prestigious Acquavella Galleries on New York’s Upper East Side, declined […]

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