On October 24, 2013 Sotheby’s will auction off a collection of centuries old furniture and artwork belonging to former Lehman Brothers President Joseph Gregory and his wife Niki. Before Lehman Brothers went bankrupt in 2008, Gregory often commuted to work by helicopter and was rumored to have a personal spending budget of more than $15 million a year.
The sale at Sotheby’s will include works by important cabinetmakers such as Thomas Chippendale, English and Continental furniture as well as ceramics and other decorations. A selection of Old Master paintings belonging to the Gregorys will be offered at Sotheby’s in January 2014. The auctions follow the sale of the couple’s home in Lloyd Harbor, New York in June 2013.
Works from the Gregory auction will be on display at Sotheby’s New York’s galleries beginning October 18, 2013.
