Supercollector Develper Aby Rosen Sotheby's Deal

Sotheby's, the auction house that sold about $6 billion of art last year, agreed to buy its New York City headquarters for $370 million from RFR Holding Corp.
RFR, the New York real estate company controlled by developer Aby Rosen, will receive certain terms on the sale of art works through Sotheby's as part of the deal, Sotheby's said in a regulatory filing today. Sotheby's rose as much as 5.2 percent in New York trading.
[read more at bloomberg]