Tuesday, February 19, 2008

Art for Charity's Sake

As Jim Gust observes in the preceding post, we must now learn to think of Leona Helmsley as the Queen of . . . Philanthropy!

The Helmsley charitable trust will be augmented not only by the proceeds from the sale of Dunellen Hall, as reported earlier, but also by the proceeds from the sale of her art, collectibles and furnishings at Christie's.

This large green jade water buffalo from Leona's collection was crafted in China in the 1600s or 1700s. Christie's hopes the rare beast may fetch $500,000 or more.

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