Marron Death, Macklowe Split Set to Add $1 Billion to Art Market
- Top auction houses jockey for rights to sell two major troves
- Marron death and Macklowe divorce putting major works on block
Photographer: IKvyatkovskaya/iStockphoto via Getty Images
The late financier Don Marron’s collection of modern and contemporary art may be headed to auction, one of two major troves potentially coming to market this year with a combined value of more than $1 billion.
His family asked top auction houses to submit proposals next month, according to people familiar with the matter, who asked not to be identified because the discussions are private. The collection has been valued at about $450 million. The next big round of auctions in New York is in May.