Bonhams, is moving to prestigious new premises in the heart of Manhattan.

CEO Malcolm Barber, said: “This is a substantial investment in New York, the most important art market in the world. The new premises will allow us to hold a full programme of sales throughout the year in a wonderful environment.”

Bonhams’ new saleroom is at the well-situated IBM building on the corner of 57th Street and Madison Avenue - formerly the home of the respected Dahesh Museum.

The premises has extensive street frontage and occupies three storeys. The move expands Bonhams presence in New York fivefold.

Mr Barber continued: “We are delighted to take on a building that offers our clients superb facilities to display their artworks and allows our customers to view sales in such a beautiful space.”

Posted: 01|22|08 at 9:50 pm. Filed under: US News.