Tavern on the Green's Treasures to Be Ransacked at Public Auction
Tavern on the Green Items to Be Auctioned Include Chandeliers, Wall Murals & Garden Furniture
According to Reuters, The Tavern on the Green's Central Park premises have already been leased to restaurateur Dean Poll. The city has granted him a 20-year lease. Poll is the owner of the Boathouse eating establishment and is planning a $25 million renovation.
Guernsey's, a NYC auctioneer service, will be handling the auction. Their eloquently worded on-line Tavern on the Green sale flier thinly veils the 'everything must go' clearance vibe. The Tavern is to be stripped of all accessories. Baccarat crystal chandeliers, Tiffany stained glass, sculptures topiaries and canvas murals are among the many furnishings and restaurant items to be sold.
Other lots to be auctioned off include:
- Chandeliers
- Copper Weathervanes
- Large Etched Glass Mirrors
- Venetian Glass
- Fine Quality Restaurant China, Glassware and Linen
- Holiday Decorations
- Garden Furniture
To complete the image of the Central Park institution's imminent public ransacking is the information that buyers will have to remove the fixtures themselves. While any antique lover can hope that this will be done carefully and with the help of on-site professional help for hire, it is not required. Images of buyers tugging on chandeliers or going at fixtures ruthlessly with crowbars definitely come to mind.
However, the auction may not be able to sell all the items Guernsey's or Tavern on the Green hope to. Bloomberg.com reports that the Park Department doesn't think the Tavern on the Green should be allowed to sell anything affixed to the property. The department's lawyers filed an objection in Manhattan court December 29, 2009, on the grounds that items attached to the structure could not be removed without causing damage. Some items the Park Department says shouldn't be removed are wood paneling, a 19th century park scene by Lillian Kennedy, disco lighting and Dutch street lamps.
The Tavern on the Green auction preview will be held January 6 through January 12, noon to 8 p.m. The public auction is to be held on-site, January 13th and 14th, starting at 1 p.m. and 6 p.m., both days. Bulk lots will be sold on January 15th, starting at 10 a.m.
Bidding can be done in person or by email, phone or on-line auction.
Sources:
NY's Tavern on the Green to sell Art, Chandeliers, Reuters
In re Tavern on the Green LP, 09- 15450, U.S. Bankruptcy Court, Southern District of New York (Manhattan)
http://www.guernseys.com
Tavern Can't Sell Some Items, Park Department Says, by Tiffany Kary, Bloomberg.com
Published by Tamara McRill
Tamara McRill is a freelance writer focusing on news, politics, lifestyle and business. Tamara began her career writing for newspapers, including a brief stint as a sports editor, but is now reaching lar... View profile
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19 Comments
Post a CommentIf the Fraud known as Abal had earned his own degree instead of having to pay someone for it, he might be qualified to reply. he is a jerk.
I don't understand the negativity that this article has generated, it doesn't appear to be bashing any auction company. Besides maybe the title, which Tamara explained, I can't understand why this article has caused so many heated comments. I am an economist by trade, so I have some kind of idea on how the whole system works.
Are we all getting hung up on the definition of the word ransack? It means to search or examine thoroughly. It also means to search carefully for plunder. Which I deemed appropriate, because of the association of trying to get something for a 'steal' at an auction. Why go, unless in search of treasure? Sorry to disappoint, but I have worked and attended many auctions in my life. That is why the wording of this auction struck me the way it did. We have taken more care with ceramic kittens, than the flier proposed to take with the Tavern's furnishings. The ads for any auctions I've worked read more elegantly and did not have a bargain basement advert vibe. But maybe that is more due to the salesmanship of the auction company.
Part 3: You could have called the auctioneers at abalauction.com. We would have gladly answered your question and explained why there will be no ransacking at this auction.
Did you visit the "Tavern's" auctioneer web page and read the terms and conditions so you could form questions to be asked?
Maybe if you went back to college and journalism school and finished your third and fourth year you could learn additional skills. The answer could lie in your personal vita. As a freelance writer from Illinois maybe you should stick to articles about your interests such as pet care, fashion and beauty, or maybe in-depth article on redecorating and creating party center pieces. But, please no more articles about auctions unless you are willing to do the necessary investigation and preparation that speaks to the professional expertise, hard work and exceptional training and education needed by auctioneers in the auction marketing industry today.
Part 2: This is done to protect the auctioneer client - the seller - and also to protect the auctioneer and his company.
If an auctioneer allowed high bidders to "rip the chandeliers from the ceiling" don't you suspect someone would hold them liable for the damage to the ceiling or roof? My dear McRill, this is New York City, there is a lawyer on every corner waiting for a new client. I checked my back file notes for developing this response. The back file, you remember that from your two years of journalism school? The back file is where you place all your notes, interviews, contacts and research relative to your story. If you had such a file you would have had notes regarding your contacts for the story. You would have had contact notes from the National Auctioneers Association, and other local auction companies. You could have called the auctioneers at abalauction.com. We would have gladly answered your question and explained why there will be no ransacking at this auct
Dear Ms. McRill:
Your recent article on the Tavern on the Green upcoming auction was pitifully inadequate and truly unprofessional. Your words basically batter an industry that has been in existence since the Romans as an exchange system for assets.
By the comments section of your Internet piece, it is obvious you have damaged an entire community of professional auctioneers such as myself and partners at Abal Auction.com.
The community your Internet piece is attacking are for the most part members of the oldest professional trade group, National Auctioneers Association, created to support, promote and aid the professional auctioneer. Did you contact anyone in the Association in preparation of your file for submitting your article?
If you had you would have found out that auctioneers are structured to prepare their client's auction by writing a specific set of terms and conditions regarding the removal of property. This is done to protect the auctioneer client - the sel
There is a great difference between Journalistic Brilliance and Toilet level trash reporting.
This article shows the toilet level trash reporting synonymous with not reporting the facts but how sensational emotionalism is considered journalism.
If the writer had any grasp of the facts rather than spouting her hate filled emotions, she would know the difference between sustainable business and something that is not. However, I believe that this writer believes that the Obama Administration should have given the company in question in bankruptcy millions to stay in business.
The writer of this piece of junk needs to go to a psychiatrist to learn how to deal with emotion and promote the facts in the story.
If not, her own writings are likely to cause her to become a terrorist.
Part Two - I look forward to dining at the new restaurant as soon as it is open to the public. My other sincere hope is the author educates herself more on the auction process and refrains from insulting thousands of professionals who work tirelessly each day to assist individuals and businesses alike in the selling and purchasing of real and personal property through the licensed, regulated, and open arena public auctions provide throughout the world.
This article really missed the target and the author must be extremely behind on the facts associated with the Tavern on the Green. First, let's start with this closure follows a bankruptcy filing and loss of lease. The City of New York owns the land the building sits on and when the lease expired, they sent out a request for bids and the current tennant lost to another bidder who is going to put millions into a few facility and rename the restaurant "Tavern on the Park", update the menu, and give Central Park a restaurant less of a tourist trap and more of the experience a patron deserves while dining in the city. As for the auction process, shame on the author for not learning more about how the auction would be conducted, bidding requirements, check out procedures, etc. Auctions generate the highest revenue in the shortest amount of time. The company responsible for this event has done an incredible job of marketing the event. We are talking about it - aren't we? I look forwa
If you think auctions ransack the world, try this:
National Auctioneers Association - www.auctioneers.org
Industrial Auctioneers Association - www.industrialauctioneers.org
American Bankruptcy Institute - www.abiworld.org
Look through and see how many professionals are involved in these associations and see how much impact the auction method of marketing has on the US economy... yes, auctions are gaining in momentum while newspapers sag. Maybe the media is ransacking the world.