London-based investment firm Pemberton Asset Management acquired the auction house for an undisclosed amount.
92Y Names Ineke Heerkens 2018 Jewelry Artist Resident
The Amsterdam-based jeweler, who works in metal, textile and ceramics, will begin her residency in New York City on Aug. 22.

New York—The Jewelry Center at the 92nd Street Y has chosen its second annual Artist in Residence.
Amsterdam-based jeweler Ineke Heerkens, who works in metal, textile and ceramics, will begin her residency on Aug. 22. It will go through Sept. 23, culminating with two full-day workshops Sept. 22 and 23 led by Heerkens.
She was chosen by a jury comprised of Kathy Chazen, 92Y board and Jewelry Center committee member; Ulysses Grant Dietz, chief curator and curator of decorative arts at the Newark Museum; Marion Fasel, founder and editorial director of The Adventurine; Barbara Paris Gifford, assistant curator at the Museum of Arts and Design; and Jonathan Wahl, 92Y Jewelry Center director.
Heerkens said she was inspired by the New York City art scene as a child and seeing Piet Mondrian’s “Broadway Boogie Woogie” at the Museum of Modern Art.
This fall, the Jewelry Center will serve as her base and allow for plenty of exposure to music, dance, ceramics and painting throughout her time in New York City.
“I’m looking forward to assembling my ‘beads’ into a ‘New York necklace’ as Mondrian did with his art,” Heerkens said.
Applications for the residency were received from jewelry artists in 29 countries, according to the 92Y.
The judges also named two semifinalists: Jessica Anderson and Maral Mamaghanizadeh.
Anderson uses found materials like plastic bags and the process of electroforming to create large jewelry pieces, using her creations to look at the notion of waste in relation to ideas of collection.
Mamaghanizadeh, meanwhile, draws on her roots as an Iranian woman and her interest in feminism to inspire her work. Her latest collection explores the subject of the hijab by creating a series of brooches with her own and other friends’ hair.
The jewelry residency, which started in 2017, is support by 92Y Board member Kathy Chazen.
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