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Trophy homes, collectibles, and the spaces we covet
Two brothers bought a full block beside Central Park, hired an architect the avant-garde despised, and wrapped the whole thing in old-fashioned limestone. It sold out for two billion dollars and rewrote the rules.
A Caribbean island was listed at six million dollars. A broke young entrepreneur offered a fraction of it as a stunt, got laughed out of the room, and a year later owned it for one hundred and eighty thousand.
In 1970, three dealers in a small Swiss city started a modest fair simply called 'Art.' It grew into a global empire that now decides, more than any museum or critic, what the art world pays attention to.