Section
Dealers, program-building, and the economics of keeping a gallery open.
GalleriesMajor fairs price stands at roughly $76 to $79 per square foot, and blue-chip galleries pay about $1,000 per square metre for the central positions. The fee is the smallest part of the bill and the only part anyone publishes.
GalleriesA 2,600 square foot space in a former post office near Stanford, opening in spring with Calder and O'Keeffe. Pace closed its Palo Alto gallery in 2022 and Gagosian left San Francisco in 2020, which makes this a re-entry rather than an expansion.
GalleriesDépendance in Brussels and Tiwani Contemporary in London shut within weeks of each other. In a year when the aggregate market is up 4%, the middle of the gallery sector is being squeezed by costs it cannot pass on.