Third-party guarantees, regional fragmentation, and declining resale premiums have turned public sales into tightly stage-managed spectacles.

Phillips former CEO Ed Dolman will leave the auction house after ten years.

Stephen Brooks had stepped down from his position at the rival house last August.

He joins following 20 years with Christie's.

The sale set new artist records for Nicholas Party, Tomoo Gokita, and Dana Schutz.

He worked at the auction house for more than 20 years.

The move into the new 55,000 square foot space is being facilitated by Macklowe Properties.

After a macher's departure, a CEO switch, and a slip in its dominance, Christie's contemporary seeks a new equilibrium

On a gray Sunday last October, during Frieze Week in London, Phillips auction house opened its new headquarters in a 73,000-square-foot building on tony Berkeley Square, with renovations…

Earlier tonight Phillips ended the week of contemporary art auctions in New York with a small sale that saw new records for Danh Vo, Tauba Auerbach and Rashid Johnson but brought in just $51.96