Record-Setting Frida Kahlo Portrait Tops Sotheby’s $282 M. Modern Art Evening Sale

Following its record-high $676 million sale of the widely anticipated Macklowe collection in New York on Monday night, Sotheby’s staged a modern art evening sale the following evening that brought in a collective $282 million with fees.
This sale achieved a near perfect sell-through rate, with 46 out of the 47 lots offered finding buyers. More than half of the lots were secured with financial backing; 25 works from the sale had irrevocable bids, meaning 78 percent of the works would sell f