That gallery closed in 2011 after 165 years, following accusations that a number of forgeries had passed through it in recent years. Black recently purchased the art start-up Artspace for an undisclosed sum and reportedly bought the Knoedler space for around $50 million.
Leon Black Buys Former Knoedler Space for $50 M.
The New York Post reports that financier Leon Black—owner of Phaidon books and reportedly the record-price-achieving version of Edvard Munch’s The Scream—has purchased the townhouse at 19 East 70th Street that was formerly the home of Knoedler & Company gallery.
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