Now Reading
The New York Car Seller Has the Rarest and Most Interesting Cars on the Planet

The New York Car Seller Has the Rarest and Most Interesting Cars on the Planet

The New York Car Seller Has the Rarest and Most Interesting Cars on the Planet


Raphael Orlove

Something new is happening at Morton Street Partners. It does not operate like a car dealership, though it sells cars, typically in the six-figure to $2 million range. It doesn’t operate like the nearby art galleries that dot the rest of downtown Manhattan. This repurposed garage in the West Village functions like an art advisory, a rising trend within the art world that has exploded over the past decade.

The role of the art advisor is to connect collectors and institutions with the right art, by the right artist, at the right time. An art advisor bargains on their client’s behalf, helping them build or refine their collection. It’s not a novel position – its professional association was founded in 1980 – but art advisory firms have exploded in value over the past decade. Sotheby’s $85 million acquisition of Amy Cappellazzo’s Art Agency, Partners, in 2016 was a watershed moment. The firm was only two years old at the time. Art advisory firms have grown to meet the demands of businesses buying expensive art and “the newly minted superrich” who wish to build art collections, as the Wall Street Journal reported in a 2015 trend piece.

“The gallery/advisory thing informed our business model,” explains co-founder Ben Tarlow, whose background is in art, finance, and art history.




Source link

Copyright © Lavish Life™ , All right reserved

Scroll To Top