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Tavern auction raises $3.5 million

NYHTC - January 20, 2010 Share/Save/Bookmark

The three-day auction of Tavern on the Green's artwork, chandeliers, and other wares raised $3.5 million for the restaurant, a start at paying off its many creditors. More than 1,000 bidders attended the auction of 25,000 Tavern keepsakes. One of the biggest buyers of all was New York City itself. In a private deal with the restaurant, the city purchased many of the big items, including the wormy chestnut wood paneling and many of the ceiling fixtures.

Fickenscher, Lisa. Bargains abound at Tavern auction. Crain's NY Business, January 14, 2010.
Collins, Glenn. The gavel falls on Tavern on the Green. NY Times, January 15, 2010.
Fickenscher, Lisa. City among bidders for Tavern on the Green's tchotchkes. Crain's NY Business, January 15, 2010.
Collins, Glenn. A grab for keepsakes as the gavel falls. NY Times, January 19, 2010.
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Related Issues: Tavern on the Green