New York’s Impressionist and Modern market bounces back

Sotheby’s quadruple recent results and Christie’s celebrate boost too: Barely a month after its former chairman and chief executive were sentenced in a New York court, Sotheby’s bounced back in their Manhattan saleroom on May 8 with a $126m (£88.7m) Part I auction of Impressionist and Modern Art.

This premium-inclusive total, achieved from 55 lots of which just three failed to find buyers, almos…

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