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Christie’s Breaks World Record
The following is a press release provided to the Hansen Ohana by our affiliate’s at Christie’s:
RECORD WEEK FOR CHRISTIE’S
NOVEMBER POST-WAR AND CONTEMPORARY ART EVENING AND DAY SALES,
INCLUDING THE FIRST SALE OF WARHOL FOUNDATION, AT CHRISTIE’S NEW YORK
TOTAL $525 MILLION
ANDY WARHOL LEADS THE WEEK WITH A TOTAL OF WORKS SOLD FOR $ 100.1 MILLION
CHRISTIE’S DAY SALES FETCH A COMBINED $96 MILLION
New York – Christie’s two-day sales series devoted to the finest in Post-War and Contemporary Art realized a combined total of $508 million. Including the results of the Andy Warhol Foundation for the Visual Arts with three single-artist sales, which realized $17 million on November 12th, the grand total for the week of Post-War and Contemporary Art is $ 525 Million.
Throughout the sales, strong results were achieved for works by Pop artists, Abstract Expressionists, and Cutting-Edge Contemporary artists. Following the historic evening sale which became the most valuable auction ever in the category, at $412.3 million, Christie’s achieved a combined $96 million during the two sessions on Thursday.
“Christie’s sales of Post war and Contemporary art this week in New York showed tremendous strength and energy, with a record combined result of $ 525 million. The incredible response we saw from bidders this week is a testament to the increasing depth and diversity of this collecting category. With our $412 million Evening Sale on Wednesday and our $96 million Day sales on Thursday, we witnessed strong prices for works of art across all mediums and price levels and reached an exciting new threshold for the auction market globally “ analyses Brett Gorvy, Chairman and International Head of Post-War and Contemporary Art.
Record Breaking Auction At Christie’s Geneva
Rare gems and watches went up for auction on November 12th at the Chrisitie’s Geneva Auction. New auction records were set in the purchase of a colorless diamond in the amount of $21.5 million as well as a Patek Philippe Platinum Wristwatch that sold for $3.9 million. You can read the entire Christie’s News Alert article. The Hansen Ohana is a proud affiliate of Christie’s International Real Estate.
Sharp Rise In Visitors Boost Hawaii’s Hotels
A rise in visitors have helped to rank Hawaii as number 3 out of the top 5 hotels in occupancy thus far for 2012. Maui hotels alone have shown an increase in of 3 percent in occupancy compared to 2011. Maui’s high occupancy can be attributed to independent travelers as well as the honeymoon market. Following the recession in 2008, Hawaii’s hotels have had 31 months of revenue increase. You can read the article provided by the Maui News here:
ALL MAUI PROPERTY OWNERS!
Real property tax problems such as delinquent taxes and incorrect condominium classifications can be avoided by keeping RPT mailing addresses current.
12/31/2012 is the filing deadline for the home owner exemption, circuit breaker tax credit, ag zoning, ag use valuations and condominium classifications.
*All forms are available at www.mauipropertytax.com

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