06/20/2013 10:03 am ET

Sotheby's Considers Putting Its Headquarters Up For Sale


Sotheby’s, the auction house that has for centuries put other people’s treasures up for sale, is in the early days of exploring whether it should place one of its own on the block: its glittering glass-and-granite-fronted worldwide headquarters on the Upper East Side of Manhattan.

The company has hired two real estate firms to weigh a possible sale. One, Eastdil Secured, is seeking out buyers for the 10-story building, at York Avenue and 72nd Street; the other, Jones Lang LaSalle, will evaluate where Sotheby’s could operate next were it to sell its home, which it has occupied for more than 30 years.

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