What began with high hopes in 2007 has ended in disappointment. Bloomsbury has curtailed its New York operations. It issued the following statement:
January 5 2011
We are currently in the process of undertaking a strategic review of Bloomsbury Auctions New York operations. As a result there are no plans for auctions in the immediate future but the saleroom will remain open and we will continue to maintain a sufficient level of staffing for administrative and financial purposes. Stephen Massey will continue in his role as an international consultant to Bloomsbury Auctions.
Please refer all enquiries about BANY [Bloomsbury Auctions New York] to Rupert Powell in London.
Bernard Shapero and Tommaso Zanzotto