Dallas’ Heritage Auction Galleries, ranked the third largest auction house in the world behind Sotheby’s and Christie’s, opened their newest gallery in Manhattan last week. After months of anticipation, the new location at 445 Park Avenue and 57th Street opened to the public, and will feature a rotating window showcasing upcoming auction items.
At the opening event, around 550 friends and supporters of Heritage arrived to celebrate with owners Steve Ivy and his wife Linda, Greg Rohan and his wife, Lysa, and Jim Halperin with wife Gayle. NYC party planner Rush Jenkins organized the event at the Beaux Arts Fletcher-Sinclair Mansion on Fifth Avenue’s Museum Mile.
Heritage started their auction business solely with coins, and now sell an average of $600 million a year. They manage to stay in their niche market behind their rivals by offering specialty auctions that feature comic books, illustration art, sports collectibles, and more. While their flagship gallery remains here in Dallas, this location will serve as more of a boutique auction house, small enough to be convenient for clients and consignors. Anyone interested in hearing from the Dallas or Beverly Hills stores can reach them via satellite, and Heritage says they plan to air “simulcast” auctions in all three locations. The New York auctions, however, are slated to be held in an Uptown location, because the Park Avenue store is too small for the events.
Heritage Auction Galleries, 445 Park Avenue, New York, 212.486.3500
Heritage Auction Galleries, 3500 Maple Avenue, Dallas, 214.528.3500