Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Zwirner v Spiegler: Small Gallery Art Fair Subsidies

April 26, 2018 by Marion Maneker

The New York Times is trying to make news out of their Berlin conference on the art market by turning one panel conversation into a news story. And they’ve got it!

David Zwirner, Marc Glimcher and Elizabeth Dee all discussed subsidizing smaller galleries at art fairs through higher booth prices for the major galleries. Dee even outlined the math on how it would effect her own fair.

Attention then turned to Art Basel’s Marc Spiegler who was caught offguard:

“In principle, it’s great,” so long as the stands were paid for and the fair made a profit. “But the question is how many galleries at the top of the market are willing to subsidize the rest of the fair.” “We have no issue with the idea of trying to work more closely in terms of helping the younger galleries at the fair,” he said, “but the way to do that, the algorithm for figuring out how to do this, is difficult to reach.”

As PR, it is a brilliant move on Zwirner’s part. The fairs are not likely to be able to pull it off but Zwirner has already established himself as being on the side of the little guys.

David Zwirner Proposes ‘Tax’ on Large Galleries at Art Fairs (The New York Times)

More from Art Market Monitor

  • Anselm Reyle’s Market Quietly Marches On as The Artist Returns to Work … AloneAnselm Reyle’s Market Quietly Marches On as The Artist Returns to Work … Alone
  • How eBay Views Art Fraud, A ResponseHow eBay Views Art Fraud, A Response
  • WSJ Goes to Indian Art SummitWSJ Goes to Indian Art Summit
  • Why Not Start an Auction at the Reserve Price?Why Not Start an Auction at the Reserve Price?
  • ‘Cash for Your Warhol’ Becomes a Physical Meme‘Cash for Your Warhol’ Becomes a Physical Meme
  • Mr. & Mrs. FriezeMr. & Mrs. Frieze

Filed Under: General

About Marion Maneker

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

Top Posts

  • After Pandemic’s Rapid Change, Sotheby’s Has 8 Predictions for 2021
  • A Season of Improvisation: Fall 2020 New York Modern and Contemporary Art Auction Analysis
  • Tony Podesta's Secret Art Buying
  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Roy Lichtenstein’s Top Ten Auction Prices
  • Basquiat's Last Girlfriend
  • How to Chant Like an Auctioneer
  • Phillips Includes $2.5m Norman Rockwell Painting in November Evening Sale
  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor