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Mall Mogul’s $500M Picasso and Modigliani Trove Goes on Block

Works by Pablo Picasso, Jackson Pollock and Amedeo Modigliani are going up for auction from the late U.S. mall developer A. Alfred Taubman’s collection, which is valued at more than $500 million, Sotheby’s said on Friday.

The auction house said the more than 500 works stretching from antiquity to contemporary art make up the most valuable private collection ever offered at auction.

The collection will be auctioned in New York in a series of sales starting in November.

Taubman, a billionaire who founded the shopping mall business Taubman Centers Inc, died in April at the age of 91. In 1983, he bought Sotheby’s and is credited with revolutionizing the way auction houses did business by pioneering such sales as the jewels of the Duchess of Windsor and the Jacqueline Kennedy Onassis estate in the 1980s and 1990s.

In the early 2000s, Taubman was tried and jailed for 10 months for an international price-fixing conspiracy with competing auction house Christie’s.

Proceeds from the sales will be used to settle estate tax obligations and fund the A. Alfred Taubman Foundation, Sotheby’s said.





    Hybrid: Online and at the Marlene Meyerson JCC Manhattan

    Oct 2, 2022

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    A Sukkah, IMKHA, created by artist Tobi Kahn, for the Marlene Meyerson JCC of Manhattan is an installation consisting of 13 interrelated sculpted painted wooden panels, constituting a single work of art. Join for a panel discussion with Rabbi Joanna Samuels, Chief Executive Director of the Marlene Meyerson JCC of Manhattan, Talya Zax, Innovation Editor of the Forward, and Tobi Kahn, Artist. Moderated by Mattie Kahn.

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