For young dealers, being in New York is key to surviving and thriving

The article examines how young art dealers in New York are adapting to the city's high costs and competitive market during the May art season. It highlights galleries like Europa, Esther, and Gordon Robichaux participating in multiple fairs simultaneously, such as Frieze New York and Independent New York, to maximize sales and visibility. Dealers like Pali Kashi and Silke Lindner emphasize strategic resourcefulness, with some sales already covering fair costs, while referencing artist Josh Kline's essay on how real estate pressures stifle artistic risk-taking.

Art gallery owner pursues expansion of historic Museum Mile building

Salon 94 founder Jeanne Greenberg Rohatyn is pursuing an expansion of a historic building on Museum Mile at 3 East 89th Street in Manhattan. The project aims to enlarge the gallery's footprint on the Upper East Side, a move reported by Crain's New York Business.

The auction market breathes a sigh of relief – but not everywhere

Der Auktionsmarkt atmet auf – aber nicht überall

The article reports that the auction market is showing signs of fragile recovery in 2025, with Christie’s, Sotheby’s, and Phillips all posting mid-double-digit percentage increases at their London sales in March compared to the previous year. However, the article notes that the prior year was exceptionally weak, and underlying issues such as high debt levels, aggressive commission models, and unresolved succession questions continue to threaten the stability of the major auction houses.