The world’s biggest auction houses are girding for a fight over a $700 million art trove that a judge ordered to be sold to help resolve the divorce of billionaire developer Harry Macklowe and his estranged wife Linda.
“This is going to be a battle royal,” said Alex Rotter, a chairman of postwar and contemporary art at Christie’s, whose executives planned to gather Friday to discuss the implications of the court order. “The game is on.”