Dealer consortiums have taken over half a dozen former warehouse sites along a sleepy canal where Victorian manufacturers used to fill barges with door hardware and embossed linseed wallpaper.
In 2013, a consortium of dealers including Simon, Parish and Warren Adelson sold "Salvator Mundi" for $80 million to a company owned by a Swiss businessman and art dealer Yves Bouvier, Bloomberg reported.
This occurred in 1931, when a consortium of dealers including Colnaghi of London, Knoedler's in New York, and Matthieson in Berlin but not, significantly, Duveen sold a group of masterpieces to Andrew Mellon to form the foundation collection of the National Gallery of Art in Washington, D.C.
The painting was originally sold to a consortium of dealers in 2013 for $80 million.
The owners of the painting are a consortium of dealers, including Robert Simon, and the work is speculated to be worth around $200 million.
In later years, the Deal Meteorite could be seen on display in Philadelphia at the Academy of Natural Sciences, which sold it with other museum specimens to a consortium of mineral dealers last fall; it is possibly in Colorado now.
A consortium of art dealers duly removed the tank (they reportedly paid the City of LA) in the hope of selling it on for thousands of dollars and Mr Covington was left homeless.In a one-man show, "Banksy: The Room in the Elephant", Gary Beadle plays the part of Mr Covington with explosive energy.
He wasn't happy with the way Sonnabend had handled the production of his "Made in Heaven" works, and with his approval Jeffrey Deitch, who had recently started his own art-advisory business after ten years as an art consultant at Citibank, put together a consortium of three dealers — Anthony d'Offay, in London; Max Hetzler, in Cologne; and himself — to finance the new venture.
He organized major exhibitions of Picasso and Braque; opened a Manhattan office for Christie's, the British auction house; presided over 19th- and 20th-century paintings at the storied gallery Knoedler and Co.; and was managing director of Artemis, a consortium of art dealers, before turning to writing full time in the late 1970s.
The pricing system was first used in an earlier effort, TradeWeb, a broker consortium that lets investors query dealers by computer for prices, await a response and trade.
But car dealer Lookers lost 12.5p to 57p as a consortium led by veteran investor Jack Petchey withdrew its cash offer after failing to reach agreement with the company's board.
