One of the world's greatest art collections hides behind this fence
HNWIs like keeping their artworks in free ports with controlled climates, discreet record keeping and great potential for tax savings
Mon, May 30, 2016 - 5:50 AM
Within the walls of the drab free port zone near the Geneva city centre in New York State, crated or sealed in cramped vaults, are more than a million of some of the most exquisite artworks ever made.
PHOTO: FRED MERZ/THE NEW YORK TIMES
THE drab free port zone near the Geneva city centre - a compound of blocky grey- and-vanilla warehouses surrounded by train tracks, roads and a barbed-wire fence - looks like the kind of place where beauty goes to die. But within its walls, crated or sealed cheek by jowl in...