As disgraced arts patron Alberto Vilar struggles to free up the $4 million in assets required by the court as part of his $10 million bail agreement, he has apparently decided to allow Christie’s to auction off a part of his personal art collection valued at half a million dollars. “Vilar seemed on the verge of release to home detention and electronic monitoring yesterday when a prosecutor agreed he could be freed even though all the paperwork, including the signatures of four of his friends, was not completed. Judge Kenneth Karas disagreed, though, saying the government would be unable to seize adequate assets if the paperwork were not completed and Vilar fled.”