In Matinecock, Long Island, a house is being marketed as the art collection inside gets sold. The story behind this sale surely isn’t pretty. But a clever real estate ploy is emerging from the necessity of an art sale:
This Sunday, the owner of a newly constructed home on the market in Matinecock will accept sealed bids for the sale of the house while the public comes for separate and unrelated auction of fine art and jewelry at the property.
The court-ordered auction of works by Warhol, Picasso, Dali and others, as well as carpets, jewelry and furniture, is being run by the Leonia, N.Y.-based U.S. Auction Corporation.