Sale marks a significant loss for Bouvier, who paid $70m to build the state-of-the-art facility in 2010

Christie’s and Sotheby’s dominate in terms of value but smaller firms can compete in the field of Asian art, with the internet’s help

The newly formed team, led by Assistant District Attorney Matthew Bogdanos, has been cracking down on ancient art dealers and collectors

A proposed revision to the tax code could subject sellers to capital gains tax on art and slow the market

Contemporary works join ceramics and ink paintings from specialist dealers