National Auction Rolls in Unprecedented Economic Impact


A 1968 Shelby convertible, a 1931 Bugatti Royale and a number of classic Corvettes paraded through the Hershey Harrisburg Region July 30–Aug. 2 and resulted in an estimated economic impact of $10.5 million.

Specifically, the items were part of the Mecum Auctions, which happen across the United States at different points of the year and sell collector cars, motorcycles, tractors and collectibles. This auction took place at the PA Farm Show Complex & Expo Center and saw $20.5 million in sales—an overall sell-through rate of 67 percent.

Overall a total of 1,016 vehicles, 135 motorcycles, 107 tractors and 405 Road Art items were offered for sale during 20-hours of auction coverage broadcast on NBC Sports Network. It’s estimated that an audience of 20,000 registered bidders and spectators attended the event. This year’s results rival Mecum’s record-breaking first-time event for northeast in Harrisburg in 2014.

“It was great to see that the crowds at this year’s Harrisburg auction easily rivaled that of our inaugural event in 2014,” says Dana Mecum, founder and president, Mecum Auctions. “With so many registered bidders present, bidding remained steadily competitive and kept sales strong.”

President of Cornerstone Restaurant Group Josh Zadikoff announced the appointment of Rebecca Muraski as general manager for the group’s Michael Jordan’s Steakhouse and ENO Wine Room.

 

Hilton Chicago Northbrook has completed phase one of a multimillion-dollar renovation. 20,000 square feet of meeting and event space and 249 guest rooms have been revamped by the Lynn Rosenberg Design Team to incorporate a modern aesthetic into the North Shore property. Phase two, beginning in early 2020, will refresh the property’s restaurants, Allgauer’s on the Riverfront and Frank’s Place.

 

Chicago's ROOF on theWit revealed its rooftop renovations with a grand re-opening party on July 23. Located 27 stories above the busy streets of Chicago, ROOF on theWit offers guests visual effects and views, savory flavors, unique customized scents and live music entertainment to captivate all of the senses.