Sotheby’s Nets $133 M. from Abu Dhabi Collectors’ Week as Its Luxury Prospecting Strikes Gold

Editor’s Note: This story originally appeared in On Balance, the ARTnews newsletter about the art market and beyond. Sign up here to receive it every Wednesday.Last week, Sotheby’s took over the ritzy St. Regis Island Resort on Abu Dhabi’s Saadiyat Island, transforming two of its restaurants into showrooms—one touting handbags, diamonds, and watches, the other staging a non-selling display of $500 million worth of art. In the palm-shaded gard