MORE LUXOFLATION: FRANCIS BACON WORK SETS NEW RECORD AT AUCTION

Posted by Leonard Steinberg on November 13th, 2013 While real estate pricing continues to set new records weekly, the art world is mirroring the phenomenon we call LUXOFLATION, the significantly elevated levels of inflation that we are seeing on luxury products from collector cars, to art, to Manhattan apartments.  Last night a work by the late… [Read More]