If the impressionist artist were to illustrate something of today’s New York City, it just might be moneybags.
Amid the lackluster American economic climate, Christies Auction House is seeing sunny days, with more than 600-million dollars worth of impressionist and modern art sold this year.
"Since 2008, we have seen an increasing return of confidence to the art market," said Conor Jordan, of Christies New York.
New York has once again, become one of the Christies premier selling sites.Just as Wall Street’s wealthy and powerful, are back to indulging.
Pampering at the La Prairie Spa at the Ritz Carlton, involves wearing decadent hors d' oeuvres. A 90-minute skin caviar facial costs more than $300 and 3.4 ounces of La Prairie’s Skin Caviar Luxe Cream sells for $710.
“This time of year, a lot of our business comes from corporate gift certificates,” said Spa Manager, Sandra Sadowski.
As corporate America is banking record breaking profits this year, it may be no coincidence that business at Wempe Jewelers has spiked. The $158,000 dollar price tag of some luxury watches exceeds the average annual income of three US households combined.
“We’re expecting a very busy time. The busiest time of the year,” said Raik Kraise, Wempe manager.