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records fall during 706 million night at sothebys turbocharged by blue chip lauder trove

Sotheby's achieved a record-breaking $706 million auction night at its new global headquarters in the Breuer Building, New York, the highest total in the auction house's 281-year history. The sale was propelled by the collection of late art patron Leonard A. Lauder, whose 24 pieces sold for $527.5 million, led by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16) which fetched $236.4 million, becoming the second-priciest artwork ever sold at auction. A subsequent contemporary and ultra-contemporary art sale added $178.5 million.

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klimt waldabhang unterach attersee lauder sale

Gustav Klimt's landscape painting *Waldabhang in Unterach am Attersee* (1916) sold for $70.8 million at Sotheby's on Tuesday night, hammering at $61 million. The work was the third Klimt painting sold by Sotheby's from the collection of the late mega-collector Leonard A. Lauder, and was the first Klimt landscape Lauder ever purchased. The sale comes after Lauder's other Klimt landscapes achieved record prices, including *Blumenwiese* ($86 million) and his portrait of Elisabeth Lederer ($236.4 million).