On Tuesday afternoon, a historic judicial auction took place inside the grand salesroom of Christie’s on Rockefeller Plaza. Under the authority of the United States District Court, the court-appointed receiver was liquidating the triplex penthouse at 88 Franklin Street in Tribeca—the former residence of Daniel Sterling. Over forty ultra-high-net-worth bidders and international family offices competed in an intense, thirty-minute bidding war that drove the final purchase price to eighteen million…
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