Contemporary-Art Auctioneer Phillips

Competing with the twin auction-house titans of Sotheby’s and Chris­tie’s is a tall order—and a dubious undertaking—but recent moves by Phillips ( are making art watchers sit up and take notice. Last October, the contemporary-art auctioneer unveiled an impressive new European headquarters in Lon­don’s Mayfair district. Reportedly costing roughly $160 million, the 73,000-square-foot space contains […]