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Acker, Merrall, & Condit was still owed, as of February 2012, almost $3.5 million from their loans to Kurniawan. [3] In January 2015, the contents of Kurniawan's personal wine collection was examined for non-fake wines that could be sold to help repay his victims. The authentic wines in his collection were sold for $1.5 million. [31] [32] [33]
Acker Merrall & Condit, an auction company, broke records by selling US$35 million worth of Kurniawan's wines in 2006 (equivalent to about $55M in 2024). In 2008, the firm held a sale at a Manhattan restaurant, promising the wines would be authenticated by "some of Burgundy's most discerning connoisseurs."
In March 1880, a shop owned by Acker, Merrall & Condit became the building's first commercial tenant. The company took a ten-year lease of the corner store and its basement for $6,250 a year. [ 61 ] With an 80 ft (24 m) frontage on 57th Street and a 60 ft (18 m) frontage on Sixth Avenue, the store was the largest as well as the choicest ...
Koch also sued Rudy Kurniawan and the auction house Acker, Merrall & Condit, through whom Koch purchased Kurniawan's wine. Koch filed the suit against Renee Angove in 2009 [20] and was reported to have reached a settlement for $3 million in July 2014. [21] [22]
For the first time in 15 years, Gary Condit is breaking his silence in an exclusive interview with Dr. Phil about Levy's infamous death.
In 2008, two sales held by Acker, Merral & Condit also left their mark on the history of Dom Pérignon, with three magnums of Dom Pérignon Œnothèque (1966, 1973 and 1976) selling for US$93,260 in Hong Kong, and a lot of two bottles of the legendary Dom Pérignon Rosé Vintage 1959 selling for US$84,700 in New York.
In 2018 the total sales for all auctions of collectible wines, including online and traditional auctions, was $479.1 million. Ranked by 2018 sales, the leading online wine auctions are: WineBid, $31 million; Spectrum, $10 million; Acker Merrall & Condit, $9.3 million; Zachy’s, $9.3 million; and Hart Davis Hart, $9.2 million. [2]
The ground-level space at the corner of Fifth Avenue and 45th Street used as a restaurant operated by Acker, Merral & Condit. [85] Three years after the building's completion, H. Douglas Ives filed plans to turn the 36th and 37th floors of the penthouse into offices.