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Sotheby’s Parent Completes $485 Million Refinancing of New York Headquarters

Barclays Provides Financing After Auction House Signs 15-Year Lease
Sotheby’s completed a $28 million expansion of its galleries at 1334 York St. in New York City. (Sotheby’s)
Sotheby’s completed a $28 million expansion of its galleries at 1334 York St. in New York City. (Sotheby’s)
CoStar News
October 2, 2020 | 7:16 P.M.

Investment company BidFair USA, which bought Sotheby’s auction house as part of a $3.7 billion go-private transaction last fall, has now arranged a refinancing and occupancy restructuring of Sotheby’s headquarters and auction galleries in New York City.

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News | Sotheby’s Parent Completes $485 Million Refinancing of New York Headquarters