Luxury Goods

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A Mark Rothko abstract painting, 'Brown and Blacks in Reds,' is displayed under a spotlight in a Sotheby's auction room, with blurred figures of bidders in the background.

New York art market sees Rothko moment with $85.8M sale

A Mark Rothko painting, 'Brown and Blacks in Reds,' previously acquired by a banker for $6.

Nora Haddad·May 18, 2026