Swiss Freeports Are Home for a Growing Treasury of Art
Submitted by Steve on July 21, 2012
From David Segal at The New York Times:
How much art is stockpiled in the 435,000 square feet of the Geneva Freeport? That’s a tough one. The canton of Geneva, which owns an 86 percent share of the Freeport, does not know, nor does Geneva Free Ports and Warehouses, the company that pays the canton for the right to serve as the Freeport’s landlord. Swiss customs officials presumably know, but they aren’t talking. Suffice it to say, there is wide belief among art dealers, advisers and insurers that there is enough art tucked away here to create one of the world’s great museums.