'Your papers, please' must never be heard in America
As recent census data reveals, the nation's capital has nosed past California's Silicon Valley as the richest metropolitan area in the U.S., with a 2010 median annual income of $84,523 (versus $50,046 nationally). If that sounds unlikely, ask Martin Gammon, who last week formally opened the Washington office of Bonhams, one of the leading international auction houses.
"The recession has changed the market," Ms. Kenyon said. "Living large isn't in, as it used to be."
Upscale auction house Bonhams lured to recession-proof D.C. →
"We're doing well, but it's uneven," she said.
Upscale auction house Bonhams lured to recession-proof D.C. →
