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Dealer David Schrader’s Case for a More Fluid Art Market: ‘Volume Begets Volume’

Art dealer David Schrader is launching a new secondary-market gallery in New York with partners Marc Glimcher and Emmanuel Di Donna. He argues the current market stabilization and renewed optimism, especially in the secondary sector, provide a favorable backdrop for their streamlined, focused venture that aims to avoid the overhead of historic gallery models.

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Evan Beard, a former Navy intelligence officer and Oxford economics graduate, is launching a new secondary market gallery called Beard & Co. on New York's Upper East Side after leaving Masterworks, the $1 billion art-tech startup where he ran its secondary market gallery Level & Co. Beard's career path includes stints at Deloitte and Bank of America, where he managed art financing operations and worked with major U.S. collectors. His new gallery will employ a half-dozen staff and function as a discreet private bank for collectors, offering services such as art loans, auction guarantees, consignments, and estate planning.

Comment | 'Artnet-Artsy merger: a Bloomberg for art?'

Artnet and Artsy have officially merged under private equity firm Beowolff Capital, founded by former Goldman Sachs trader Andrew Wolff. The deal, which took Artnet private, has already led to layoffs at both companies—including at least seven staff members from Artnet News—and the closure of Artnet's Berlin office. Jeffrey Yin, CEO of Artsy, will lead the combined entity. The merger aims to combine Artnet's vast database of 18 million auction results with Artsy's primary market gallery network to create a seamless user experience for discovering, researching, and buying art.

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The article reports strong sales across Miami art fairs, particularly at Art Basel Miami Beach, where Beeple's "Regular Animals"—robotic dogs with hyper-realistic heads of billionaires—were a major attraction in the new digital art section Zero10. It also notes that three art-world heavyweights are launching a new gallery focused on secondary market sales, and that the Art Dealers Association of America is launching a new art fair after canceling its long-running Art Show.

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Pace Gallery, Emmanuel Di Donna, and David Schrader are launching a new joint gallery called Pace Di Donna Schrader Galleries (PDS), dedicated to secondary-market sales. The boutique operation will begin operations in spring 2026, open a formal space on New York's Upper East Side in summer, and host a major historical exhibition in autumn. The venture is a collaborative model rather than a merger, combining Pace's global reach and estate relationships, Di Donna's connoisseurship, and Schrader's expertise in private sales.

Mexico City street market gallery makes art accessible

Artist Luis Valverde launched Galería Tianguis Neza in 2021 at Mexico City's La Lagunilla street market, selling artworks directly from artists at affordable street-market prices. The project, born during the pandemic to generate income for artists, operates every Sunday and features a rotating selection of artists, including Tania Candiani, Teresa Margolles, and photographer Pim Schalkwijk, who set up an improvised photo studio using a gelatin silver process.

New National Galleries of Scotland chair to lead opening of Edinburgh’s The Art Works

The National Galleries of Scotland has appointed Catherine Muirden as the new Chair of the Board, effective 1 November 2025, for a four-year term. Muirden brings extensive experience from corporate roles at Barclays, Marks & Spencer, the John Lewis Partnership, and The Co-operative Group, alongside two decades of arts board service in Scotland, including as Vice Chair of Scottish Ballet and Chair of the Fruitmarket Gallery. She succeeds Benny Higgins, who led the board through a period of significant challenges. Director-General Anne Lyden expressed enthusiasm for working with Muirden to advance The Art Works, a new state-of-the-art facility in North Edinburgh that will serve as a community space, conservation center, and art storage hub, enabling broader public access to Scotland's national collection.

The Rooftop Gallery Next Door

Adam Zhu, an artist, skateboarder, and photographer, has transformed a 9-by-15-foot former storage shed on his Chinatown rooftop into Market Gallery, a tiny exhibition space. The opening of Tucker van der Wyden's "Savage Love" drew about 200 visitors who walked through Zhu's one-bedroom apartment to reach the show. Zhu, who moved into the apartment in 2015, renovated the shed with contractor Andrew Kass, adding concrete walls and folding glass doors. The gallery has hosted seven shows, featuring emerging and established artists, and has become a platform for art in an unconventional setting.

Vandals destroy South Shields art gallery days before opening

Vandals broke into The Market Gallery, a new art space set to open in a former Wilko store in South Shields, UK, days before its launch. Artists Laura Robertson and Theodore Godfrey-Cass discovered the gallery had been graffitied, studio booths damaged, and artwork urinated on, smashed, or stolen. The culprits posted videos of the attack online, which have been shared with Northumbria Police, who are investigating the burglary that occurred between 20:00 BST on Friday and 11:30 on Tuesday.

Vandals attack a new South Shields art gallery just days before it was due to open

Vandals broke into The Market Gallery, a new community art space in South Shields, just days before its scheduled opening on July 31. Artists Laura Robertson and Theodore Godfrey-Cass had transformed a former Wilko store into studios and exhibition space with support from East Street Arts. The intruders graffitied walls, smashed glass, destroyed equipment, stole artwork, and urinated on remaining pieces, causing extensive damage after six months of preparation.

New York’s Market Gallery evolves from Chinatown apartment to Soho pop-up

Market Gallery, founded by Adam Zhu, has been hosting intimate solo shows from a storage shed on his Chinatown apartment balcony for the past eight months. On July 17, the gallery opened its first group exhibition, "Revolve," in a pop-up space at 51 Mercer Street in Soho, formerly home to Virgil Abloh's Em Pty Gallery. The show, organized by Zhu and his friends Jack Irv and Andrew Kass, features works by emerging and established artists including Lorenzo Amos, Amanda Ba, Maggie Lee, Rene Ricard, and Mike Kelley, and runs until August 10.