Cohen’s Landscape Sells for Record $22.5 Million at Christie’s

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Christie’s International sold $156 million of Impressionist and modern art last night in New York, less than half the year-ago total, as collectors and advisers lamented a scarcity of masterpieces.

“This time around, the auction houses don’t have any great estates,” said Suzanne Gyorgy, head of Citi Private Bank’s art advisory service, before the sale. “They don’t have the iconic great work.”