CHRISTIE'S TO OPEN NEW STORAGE FACILITY IN BROOKLYN

BEGINNING IN JANUARY, AN ENORMOUS, HIGH-TECH WAREHOUSE WITH STATE OF THE ART SECURITY SITUATED ON THE BROOKLYN DOCKS WILL HOUSE MULTI-MILLION DOLLAR ARTWORKS, MANUSCRIPTS, FURNITURE AND EVEN RARE CARS, COURTESY OF CHRISTIE'S AUCTION HOUSE. A CONCRETE AND STEEL WAREHOUSE STRUCTURE WITH 250,000 SQUARE FEET OF STORAGE SPREAD OVER SIX STORIES IS LOCATED IN THE BROOKLYN NEIGHBORHOOD OF RED HOOK AND WILL HOLD WORKS BY SUCH ARTISTS AS VAN GOGH, PICASSO, AND BRANCUSI, WITH SOME OF THE ITEMS POTENTIALLY WORTH MORE THAN THE BUILDING ITSELF. PROTECTING THE PRECIOUS CONTENTS WILL BE INFRARED VIDEO CAMERAS, BIOMETRIC READERS, MOTION-ACTIVATED MONITORS, AND SMOKE-, HEAT-, AND WATER- DETECTION SYSTEMS. THE LOCATION NEAR A CRUISE-SHIP PORT IS CONSIDERED IDEAL BECAUSE IT IS A CONVENIENT AND KNOW TAXI DESTINATION FOR CLIENTS. CHRISTIE'S HAS OPERATED A FINE-ARTS STORAGE BUSINESS IN LONDON FOR THE PAST 25 YEARS, BUT IS EXPANDING ITS FACILITIES TO SINGAPORE AND NEW YORK AS DEMAND FOR HOLDING SPACE HAS GROWN AMONG COLLECTORS AND DEALERS AROUND THE GLOBE. THE AUCTION HOUSE HAS SIGNED A 30-YEAR LEASE FOR THE FACILITY.