Julian Schnabel Moves to Pace as Christie’s Hopes for Another Record Price

Robin Pogrebin reports that Julian Schnabel will now be represented by Pace Gallery instead of Gagosian where he had an “informal” relationship according to a statement released by the gallery. The move comes at a time when Schnabel’s plate paintings continue to gain market traction.

In two successive years of May sales (2013-2014) plate paintings made new records for the artist, according to artnet’s database. In May 2013, one sold for $900k; in 2014, the price point jumped to $1.2m.

This May, Loic Gouzer has a plate painting front and center of his Sunday night sale. With a high estimate touching on the record price, Schnabel has a chance to move up another notch.

Meanwhile, Pace’s Arne Glimcher, who says he collects Schnabel himself, puts the gallery move down to old fashioned artist-dealer chemistry:

“Julian is a person who needs a lot of attention,” Mr. Glimcher said. “And this is a gallery that pays attention to artists.”

Julian Schnabel Moves to Pace Gallery From Gagosian (The New York Times)