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Phillips has done it again

Victor Jeffreys II · 05/15/13 02:43PM

PHILLIPS [formerly Phillip de Pury & Company] has had an interesting couple of years. They decided to move their Meatpacking District offices to a scary building in midtown, their former chairman, and one of reality TV's best and brightest, Simon de Pury, stepped down, and there have been endless rumblings about self inflicted mercurialism within the organization [we, of course, can not verify the latter because the art market is effectively unregulated, totally opaque, and entirely relationship driven—and that is the way they like it].