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From: "Marion Maneker" <marion@puck.news>
To: <enzo@showfile.com>
Subject: =?UTF-8?Q?Gigaweek=E2=80=99s_$2B_Shocker=2C_A_$9.1M_?=
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Date: Fri, 21 Nov 2025 23:03:03 -0000
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Welcome back to Wall Power at the end of an unexpectedly ebullient gigaweek 
in New York. I’m Marion Maneker. The mood going into this week’s sales was 
cautiously optimistic. Since Monday night, though, we’ve seen that caution 
mostly thrown to the wind. When I last wrote to you, on Wednesday evening, 
the running total for the week had already passed $1.5 billion. After the 
six auctions on Wednesday, and the four that I sat through on Thursday, that 
number is up to $2.18 billion. That’s close to the previous art market high, 
from November 2022, and there are still a few day sales left to be counted. 
͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ 
͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ 
 ͏                                      
             





Nov 21, 2025












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PREVIEW VERSION


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 	Marion Maneker


Welcome back to Wall Power at the end of an unexpectedly ebullient gigaweek 
in New York. I’m Marion Maneker.

The mood going into this week’s sales was cautiously optimistic. Since 
Monday night, though, we’ve seen that caution mostly thrown to the wind. 
When I last wrote to you, on Wednesday evening, the running total for the 
week had already passed $1.5 billion. After the six auctions on Wednesday, 
and the four that I sat through on Thursday, that number is up to $2.18 
billion. That’s close to the previous art market high, from November 2022, 
and there are still a few day sales left to be counted.

Let’s pause right there and admit that no one—and I mean no one—expected the 
market to suddenly shoot from the bottom to the top. On Thursday, I spoke to 
a number of advisors and auction house people who were already relaying 
tales of consignors drawing unrealistic conclusions from this week’s market 
performance.

It’s still too early to tell what this all means for the broader appetite 
for art. But tonight, I’m going to recap my last two days making the rounds 
in New York and try to offer some anecdotal evidence for where we are in the 
current moment.

But first…


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New York’s $2B Gigaweek Shocker



Fresh reporting on an ebullient gigaweek in New York, where more than $2 
billion worth of art was sold, approaching the market high in 2022, even as 
bidders sought out art as more than just an asset.




 	Marion Maneker




After two successive nights of $700 million art auctions—both strong, but 
hardly indications of an art market where buyers were bidding with abandon—I 
thought the remainder of New York’s so-called gigaweek would be relatively 
quiet. I envisioned a series of modest day sales and cleanup evening sales 
where business got done with little excitement. Was I ever wrong.

On Wednesday evening, as my last newsletter went out, the $126 million 
Christie’s evening sale of 21st century art—with works from the collection 
of Chicago couple Stefan Edlis and Gael Neeson—was just getting started. 
Edlis and Neeson were tastemakers in their day. A huge trove of their 
art—including major works by...




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The Netflix-WBD Arm Twist



MATTHEW BELLONI




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A.I.’s Energy Crisis



IAN KRIETZBERG




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LAUREN SHERMAN








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role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:0px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhcUtnRGJ2d2VFUDlOdXB0cXZEST0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvYX=
V0aG9yL21hcmlvbi1tYW5la2VyLz91dG1fY2FtcGFpZ249V2FsbCtQb3dlcistK0xFQURTKyU=
yODExJTJGMjElMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVdhbGwrUG93ZXIrLStMRUFEUysl=
MjgxMSUyRjIxJTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0b=
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target=3D"_self" title=3D"" style=3D"text-decoration:none;"><img =
alt=3D"Marion Maneker" =
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href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhcUtnRGJ2d2VFUDlOdXB0cXZEST0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvYX=
V0aG9yL21hcmlvbi1tYW5la2VyLz91dG1fY2FtcGFpZ249V2FsbCtQb3dlcistK0xFQURTKyU=
yODExJTJGMjElMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVdhbGwrUG93ZXIrLStMRUFEUysl=
MjgxMSUyRjIxJTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0b=
V9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOC=
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target=3D"_self" title=3D"" =
style=3D"color:#d40000;text-decoration:none;">Marion Maneker</a>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table class=3D"c4 oq" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
"><tbody><tr><td class=3D"r5" style=3D"padding-bottom:32px;"><div =
style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Ari=
al&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-height:1.5=
;text-align:left;mso-line-height-alt:26px;"><p =
style=3D"margin:0;">Welcome back to Wall Power at the end of an =
unexpectedly ebullient gigaweek in New
York. I=E2=80=99m <strong>Marion Maneker</strong>.<br/><br/>The mood =
going into this week=E2=80=99s sales was cautiously optimistic. Since =
Monday night, though, we=E2=80=99ve seen that caution mostly thrown to =
the wind. When I last wrote to you, on Wednesday evening, the running =
total for the week had already passed $1.5 billion. After the six =
auctions on Wednesday, and the four that I sat through on Thursday, that =
number is up to <em>$2.18 billion</em>. That=E2=80=99s close to the =
previous art market high, from November 2022,
and there are still a few day sales left to be =
counted.<br/><br/>Let=E2=80=99s pause right there and admit that no =
one=E2=80=94and I mean <em>no one</em>=E2=80=94expected the market to =
suddenly shoot from the bottom to the top. On Thursday, I spoke to a =
number of advisors and auction house people who were already relaying =
tales of consignors drawing unrealistic conclusions from this =
week=E2=80=99s market performance.<br/><br/>It=E2=80=99s still too early =
to tell what this all means for the broader appetite for art. But =
tonight, I=E2=80=99m going
to recap my last two days making the rounds in New York and try to offer =
some anecdotal evidence for where we are in the current =
moment.<br/><br/><em>But first=E2=80=A6</em></p></div>
</td></tr></tbody></table>
<table class=3D"q" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Arial&#39;;f=
ont-size:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-ali=
gn:left;mso-line-height-alt:26px;"><tbody><tr><td class=3D"r5" =
style=3D"padding-bottom:8px;"><div style=3D"margin-left:-20px"><ul =
style=3D"margin-top:0;margin-bottom:0;list-style-type:revert;"><li =
style=3D"Margin:0 0 24px
0;"><em>Puck=E2=80=99s Guide to Mirth &amp; Merriment</em>: I=E2=80=99m =
not much of a gift giver. I just seem to lack the imagination to come up =
with something truly different or special. That=E2=80=99s why =
I=E2=80=99m excited to be able to share with you
<a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhcUtnRGJ2d2VFUDlOdXB0cXZEST0iLCJocmVmIjoiaHR0cHM6Ly9lbWFpbC5wdWNrLm=
5ld3MvZS9jL2V5SmxiV0ZwYkY5cFpDSTZJbVJuVkRKNFoxbEVRVkIxTWt4UWNUSk1RVWRoYm5=
KcWFUWjBhbGRaUzA1a2IxaDVhMEUyZHowaUxDSm9jbVZtSWpvaWFIUjBjSE02THk5d2RXTnJM=
bTVsZDNNdmNIVmphM010TWpBeU5TMW5kV2xrWlMxMGJ5MXRhWEowYUMxdFpYSnlhVzFsYm5Rd=
lAzVjBiVjlqWVcxd1lXbG5iajFNYVc1bEsxTm9aV1YwS3kwclUxVkNVME5TU1VKRlVsTXJKVE=
k0TVRFbE1rWXhPU1V5UmpJMUpUSTVYSFV3TURJMmRYUnRYMk52Ym5SbGJuUTlUR2x1WlN0VGF=
HVmxkQ3N0SzFOVlFsTkRVa2xDUlZKVEt5VXlPREV4SlRKR01Ua2xNa1l5TlNVeU9WeDFNREF5=
Tm5WMGJWOXRaV1JwZFcwOVpXMWhhV3hmWVdOMGFXOXVYSFV3TURJMmRYUnRYM052ZFhKalpUM=
WpkWE4wYjIxbGNpNXBiMXgxTURBeU5uVjBiVjkwWlhKdFBXWTJZell3TmpFNFptRXpaR1ppWW=
pZeVl5SXNJbWx1ZEdWeWJtRnNJam9pWmpaak5qQTJNVGhtWVROa1ptSmlOakpqSWl3aWJHbHV=
hMTlwWkNJNk1qUTBNRGt5T1gwLzY5NzZhYTVmOWU4YjRkYzUyZTVhZjkwNDcyZGUzZmZjNjE2=
ZWJmNmM2YTRiYjZiMWYyOTYxZmQ3ZDNiNDJiMzQ_dXRtX2NhbXBhaWduPVdhbGwrUG93ZXIrL=
StMRUFEUyslMjgxMSUyRjIxJTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1XYWxsK1Bvd2VyKy=
0rTEVBRFMrJTI4MTElMkYyMSUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25=
cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2Qz=
MDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6M=
jQ0Mjc3OH0/af3e97055fdb1ba849c388b89d31c2cbe604da885382865d94c5d56c05e2ee=
e9" style=3D"text-decoration:underline;color:#d40000;">Puck=E2=80=99s =
2025 Guide to Mirth &amp; Merriment</a>, which includes great gift ideas =
inspired by <strong>Larry Gagosian</strong>
and offered by...</li></ul></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
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cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;color:#000000;border-radius:0;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;border-bottom:1px solid #d40000;border-top:1px solid =
#d40000;padding-bottom:32px;padding-left:24px;padding-right:24px;padding-=
top:32px;
vertical-align:top;">
<table class=3D"c4 np" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
"><tbody><tr><td class=3D"r5" style=3D"padding-bottom:16px;"><div =
style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Ari=
al&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-height:1.2=
;text-align:left;mso-line-height-alt:20px;"><p style=3D"margin:0;">A =
MESSAGE FROM OUR SPONSOR</p></div>
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class=3D"r5" style=3D"padding-bottom:16px;width:100%;"><div class=3D"r" =
align=3D"center"><div style=3D"max-width:552px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
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ljay5uZXQvZGRtL3RyYWNrY2xrL04yMjY3MDgzLjQyMzU4NjVQVUNLTkVXUy9CMzI5ODMyMzI=
uNDEzMjczMDgzO2RjX3Rya19haWQ9NjI0OTE5MjUxO2RjX3Rya19jaWQ9MjQzNDI1MjEyO2Rj=
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cdTAwMjZ1dG1fY29udGVudD1XYWxsK1Bvd2VyKy0rTEVBRFMrJTI4MTElMkYyMSUyRjI1JTI5=
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<table class=3D"c ie" align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;color:#000000;border-radius:0;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-bottom:12px;padding-top:7px;vertical-align:top;border-r=
adius:0px;">
<table class=3D"j np" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
class=3D"r5" style=3D"width:100%;"><div class=3D"r" =
align=3D"center"><div style=3D"max-width:600px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhcUtnRGJ2d2VFUDlOdXB0cXZEST0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvbm=
V3LXlvcmstZmFsbC1hdWN0aW9ucy1yZXZpZXctYS0yYi1naWdhd2Vlay1zaG9ja2VyLz91dG1=
fY2FtcGFpZ249V2FsbCtQb3dlcistK0xFQURTKyUyODExJTJGMjElMkYyNSUyOVx1MDAyNnV0=
bV9jb250ZW50PVdhbGwrUG93ZXIrLStMRUFEUyslMjgxMSUyRjIxJTJGMjUlMjlcdTAwMjZ1d=
G1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMj=
Z1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2Q=
zMDFkNDhkMjgiLCJsaW5rX2lkIjoyNDQyNzc5fQ/103fe3f20ab0cf71493543a75245d1005=
864f0df7771f1f29f503a89a08b6f9e" target=3D"_blank"><img =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1763762678581_WP_01KAM75ATFJA7H9PBW1WW7H528.png" =
style=3D"display:block;height:
auto;border:0;width:100%;" width=3D"600" alt=3D"New York=E2=80=99s $2B =
Gigaweek Shocker" title=3D"New York=E2=80=99s $2B Gigaweek Shocker" =
height=3D"auto"/></a></div></div>
</td></tr></tbody></table>
<table class=3D"gq oq" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
class=3D"r5" =
style=3D"padding-bottom:16px;padding-left:24px;padding-right:24px;padding=
-top:16px;text-align:center;width:100%;"><h1 =
style=3D"margin:0;color:#000000;direction:ltr;font-family:&#39;PuckSerifD=
isplay&#39;,&#39;Georgia&#39;;font-size:48px;font-weight:400;letter-spaci=
ng:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;
mso-line-height-alt:58px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhcUtnRGJ2d2VFUDlOdXB0cXZEST0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvbm=
V3LXlvcmstZmFsbC1hdWN0aW9ucy1yZXZpZXctYS0yYi1naWdhd2Vlay1zaG9ja2VyLz91dG1=
fY2FtcGFpZ249V2FsbCtQb3dlcistK0xFQURTKyUyODExJTJGMjElMkYyNSUyOVx1MDAyNnV0=
bV9jb250ZW50PVdhbGwrUG93ZXIrLStMRUFEUyslMjgxMSUyRjIxJTJGMjUlMjlcdTAwMjZ1d=
G1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMj=
Z1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2Q=
zMDFkNDhkMjgiLCJsaW5rX2lkIjoyNDQyNzc5fQ/103fe3f20ab0cf71493543a75245d1005=
864f0df7771f1f29f503a89a08b6f9e" target=3D"_blank" =
style=3D"text-decoration:none;color:#d40000;" =
data-mce-attribute-name-1=3D"" data-mce-attribute-value-1=3D"" =
data-mce-attributes-count=3D"1" rel=3D"noopener">New York=E2=80=99s $2B =
Gigaweek Shocker</a></h1>
</td></tr></tbody></table>
<table class=3D"c4" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
"><tbody><tr><td class=3D"r5" =
style=3D"padding-left:24px;padding-right:24px;"><div =
style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Ari=
al&#39;;font-size:19px;font-weight:400;letter-spacing:0px;line-height:1.5=
;text-align:left;mso-line-height-alt:29px;"><p style=3D"margin:0;">Fresh =
reporting on an ebullient gigaweek in New York, where more than
$2 billion worth of art was sold, approaching the market high in 2022, =
even as bidders sought out art as more than just an asset.</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
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style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;color:#000000;border-radius:0;border-bottom:8px solid =
transparent;border-left:24px solid transparent;border-right:24px solid =
transparent;border-top:8px solid transparent;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%" =
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lign:
left;border-bottom:1px solid #d40000;border-top:1px solid =
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eight:0;"><tbody><tr><td class=3D"r5" =
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m:8px;padding-right:8px;padding-top:8px;text-align:left;">
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role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:0px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhcUtnRGJ2d2VFUDlOdXB0cXZEST0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvYX=
V0aG9yL21hcmlvbi1tYW5la2VyLz91dG1fY2FtcGFpZ249V2FsbCtQb3dlcistK0xFQURTKyU=
yODExJTJGMjElMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVdhbGwrUG93ZXIrLStMRUFEUysl=
MjgxMSUyRjIxJTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0b=
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IsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjo4NDc4MTd9/ba=
b213b5243f86684ce8ffff2247d4383046cceaf6560353a11c1f0a894cec4f" =
target=3D"_self" title=3D"" style=3D"text-decoration:none;"><img =
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style=3D"display:block;height:auto;margin:0 auto;border:0;"/></a>
</td><td =
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ze:20px;font-weight:400;color:#d40000;vertical-align:middle;letter-spacin=
g:normal;text-align:left;line-height:normal;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhcUtnRGJ2d2VFUDlOdXB0cXZEST0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvYX=
V0aG9yL21hcmlvbi1tYW5la2VyLz91dG1fY2FtcGFpZ249V2FsbCtQb3dlcistK0xFQURTKyU=
yODExJTJGMjElMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVdhbGwrUG93ZXIrLStMRUFEUysl=
MjgxMSUyRjIxJTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0b=
V9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOC=
IsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjo4NDc4MTd9/ba=
b213b5243f86684ce8ffff2247d4383046cceaf6560353a11c1f0a894cec4f" =
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style=3D"color:#d40000;text-decoration:none;">Marion Maneker</a>
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<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td>
<table class=3D"c ie" align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;color:#000000;border-radius:0;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-left:24px;padding-right:24px;padding-top:16px;vertical-=
align:top;">
<table class=3D"c4 np" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
"><tbody><tr><td class=3D"r5" style=3D"padding-bottom:22px;"><div =
style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Ari=
al&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-height:1.5=
;text-align:left;mso-line-height-alt:26px;"><p style=3D"margin:0;">After =
two successive nights of $700 million art auctions=E2=80=94both strong, =
but hardly
indications of an art market where buyers were bidding with =
abandon=E2=80=94I thought the remainder of New York=E2=80=99s so-called =
gigaweek would be relatively quiet. I envisioned a series of modest day =
sales and cleanup evening sales where business got done with little =
excitement. Was I ever wrong.<br/><br/>On Wednesday evening, as my last =
newsletter went out, the $126 million Christie=E2=80=99s evening sale of =
21st century art=E2=80=94with works from the collection of Chicago =
couple <strong>Stefan Edlis </strong>and
<strong>Gael Neeson</strong>=E2=80=94was just getting started. Edlis and =
Neeson were tastemakers in their day. A huge trove of their =
art=E2=80=94including major works by...</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table class=3D"n3" align=3D"center" width=3D"100%" border=3D"0" =
cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td>
<table class=3D"c ie" align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;color:#000000;border-radius:0;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-left:24px;padding-right:24px;vertical-align:top;">
<table class=3D"g np" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
class=3D"r5" style=3D"padding-bottom:32px;text-align:center;"><div =
class=3D"r" align=3D"center"><a =
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xt-align:left;mso-line-height-alt:17px;"><p style=3D"margin:0;">MATTHEW =
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