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