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.
Schrader's interview presents a case for a fundamental shift in the art market's business model, advocating for higher volume and more fluid transactions at potentially lower, more consistent margins. He suggests that transparency and negotiated commissions are leading to a market correction where liquidity and deal-making are prioritized over holding out for oversized profits, a trend he sees as inevitable despite the art world's traditional opacity.