The perils of keeping art in storage...
October 29 2017
Video: via You Tube
The Mugrabi family are famous for cornering the market in Warhols. They keep almost 1400 works in a single storage facility in New Jersey. But now, because of a dispute with the owners of the facility over an allegedely unpaid bill, the family have had to go to court to stop their entire colection being 'held hostage' (reports The Art Newspaper). A judge has ruled that the Mugrabis must pay $1m, and then five works (three of which have been sold, two of which are being lent to exhibitions) will be released from the facility.
Above is a video of Robert Hughes interviewing Alberto Mugrabi.
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