Armand Hammer Knoedler at Steve Ham blog

Armand Hammer Knoedler. Along with the cash fortune, michael also inherited knoedler gallery, a commercial art gallery in new york city. A year later, the financier and art collector armand hammer bought the teetering gallery for $2.5 million. Hammer made the excellent choice of appointing his business partner maury leibovitz. In 1970, after spending a large sum on a town house at 19 east 70th street, the gallery was nearly bankrupt. The hammer family's most costly scandal doesn't even include armie. Michael hammer, grandson of armand and father to armie, had to shutter his new york gallery, knoedler, after unwittingly selling $80 million worth of forgeries crafted in a queens garage. It did miss the abstract expressionists when they emerged, and came so close to bankruptcy that in 1971 industrialist armand hammer could buy it for a mere $2.5 million.

The Hammer Family's Most Costly Scandal Doesn't Even Include Armie
from www.culturedmag.com

It did miss the abstract expressionists when they emerged, and came so close to bankruptcy that in 1971 industrialist armand hammer could buy it for a mere $2.5 million. Hammer made the excellent choice of appointing his business partner maury leibovitz. Along with the cash fortune, michael also inherited knoedler gallery, a commercial art gallery in new york city. In 1970, after spending a large sum on a town house at 19 east 70th street, the gallery was nearly bankrupt. Michael hammer, grandson of armand and father to armie, had to shutter his new york gallery, knoedler, after unwittingly selling $80 million worth of forgeries crafted in a queens garage. A year later, the financier and art collector armand hammer bought the teetering gallery for $2.5 million. The hammer family's most costly scandal doesn't even include armie.

The Hammer Family's Most Costly Scandal Doesn't Even Include Armie

Armand Hammer Knoedler In 1970, after spending a large sum on a town house at 19 east 70th street, the gallery was nearly bankrupt. A year later, the financier and art collector armand hammer bought the teetering gallery for $2.5 million. Michael hammer, grandson of armand and father to armie, had to shutter his new york gallery, knoedler, after unwittingly selling $80 million worth of forgeries crafted in a queens garage. It did miss the abstract expressionists when they emerged, and came so close to bankruptcy that in 1971 industrialist armand hammer could buy it for a mere $2.5 million. In 1970, after spending a large sum on a town house at 19 east 70th street, the gallery was nearly bankrupt. The hammer family's most costly scandal doesn't even include armie. Along with the cash fortune, michael also inherited knoedler gallery, a commercial art gallery in new york city. Hammer made the excellent choice of appointing his business partner maury leibovitz.

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