Les Femmes d'Alger

Picasso painting sells for $103 mln in New York

Pablo Picasso's "Woman Sitting Near a Window (Marie-Therese)" sold on May 13 for $103.4 million at Christie's in New York, the auction house said.

The painting, completed in 1932, was sold after 19 minutes of bidding for $90 million, which rose to $103.4 million when fees and commissions were added, Christie's said.