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NYC jury hears details of modern masters forgery scandal

2016-02-01 12:55:56| Apparel - Topix.net

In the latest chapter of a scandal that's jolted New York's art world, a federal jury is hearing about a Chinese immigrant who forged fakes of modern masters such as Jackson Pollock and Mark Rothko in his garage, a once-reputable Manhattan gallery that sold them and the wealthy buyers who paid millions for the knockoffs. "I got a fake painting for $8.3 million and they don't want to give my money back to me," Domenico De Sole, the chairman of the board at Sotheby's auction house and a former Gucci CEO, groused from the witness stand last week at a high-stakes civil trial that continues Monday.

Tags: details modern masters nyc

 

NYC Jury Hears Details of Modern Masters Forgery Scandal

2016-02-01 12:55:55| Apparel - Topix.net

In the latest chapter of a scandal that's jolted New York's art world, a federal jury is hearing about a Chinese immigrant who forged fakes of modern masters such as Jackson Pollock and Mark Rothko in his garage, a once-reputable Manhattan gallery that sold them and the wealthy buyers who paid millions for the knockoffs. "I got a fake painting for $8.3 million and they don't want to give my money back to me," Domenico De Sole, the chairman of the board at Sotheby's auction house and a former Gucci CEO, groused from the witness stand last week at a high-stakes civil trial that continues Monday.

Tags: details modern masters nyc

 
 

Pepsi opening NYC hipster joint to make soda cool

2016-01-29 20:08:24| Beverages - Topix.net

PepsiCo's quest to make soda edgy has brought it to one of the great restaurant towns of the world, where it will open its own joint with cuisine "inspired by the exploration of the kola nut." The opening of the "Kola House," in New York City's trendy Meat Packing District, scheduled for this spring, comes at a time when Americans are cutting back on soda consumption.

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NYC flood defense plan advances, but completion years off

2016-01-27 10:31:10| Energy - Topix.net

In this Oct. 30, 2012 file photo, water from New York Harbor spills into New York City's Battery Park during Superstorm Sandy. After ocean waters poured virtually unchecked into lower Manhattan during Sandy, experts began dreaming up a solution: a U-shaped barrier of earthen berms, walls and gates that would keep floods out and the nation's financial capital dry.

Tags: years off plan defense

 

Suburban NYC railroads: Delays possible during snowstorm

2016-01-21 18:31:38| Railroads - Topix.net

The Metropolitan Transportation Authority says Metro-North and the Long Island Rail Road may modify or suspend service if heavy snow, ice or winds are affecting the New York City area.

Tags: delays nyc suburban railroads

 

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