{"id":163903,"date":"2025-12-02T06:45:11","date_gmt":"2025-12-02T06:45:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/163903\/"},"modified":"2025-12-02T06:45:11","modified_gmt":"2025-12-02T06:45:11","slug":"pace-di-donna-and-david-schrader-form-new-global-secondary-market-gallery","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/163903\/","title":{"rendered":"Pace, Di Donna, and David Schrader Form New Global Secondary-Market Gallery"},"content":{"rendered":"<p class=\"paragraph larva \/\/ a-font-body-m     \">\n\t<a href=\"https:\/\/www.artnews.com\/t\/pace-gallery\/\" id=\"auto-tag_pace-gallery\" data-tag=\"pace-gallery\" rel=\"nofollow noopener\" target=\"_blank\">Pace Gallery<\/a>, Emmanuel Di Donna, and <a href=\"https:\/\/www.artnews.com\/t\/david-schrader\/\" id=\"auto-tag_david-schrader\" data-tag=\"david-schrader\" rel=\"nofollow noopener\" target=\"_blank\">David Schrader<\/a> are forming a new joint gallery devoted to secondary-market sales, a boutique operation with global reach and the pedigreed muscle of three heavyweights behind it.\u00a0Pace Di Donna Schrader Galleries, or PDS,\u00a0begins operations in spring 2026, with a formal space opening on New York\u2019s Upper East Side in the summer and a major historical exhibition slated for the autumn.\u00a0<\/p>\n<p class=\"paragraph larva \/\/ a-font-body-m     \">\n\tThe move is striking not for its scale but for its philosophy: its three founders have decided the future is collaborative rather than competitive. Glimcher, for example, has long argued that the art world\u2019s growth depends on genuine innovation, and is now betting that progress will come not from relitigating old rivalries, but from recombining strengths.<\/p>\n<p>\t\tRelated Articles<\/p>\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-lazy-image__img lrv-u-background-color-grey-lightest lrv-u-width-100p lrv-u-display-block lrv-u-height-auto\" src=\"https:\/\/www.artnews.com\/wp-content\/themes\/vip\/pmc-artnews-2019\/assets\/public\/lazyload-fallback.gif\" data-lazy-src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/12\/GettyImages-1140443800.jpg\" alt=\"A woman, Esperanza Aguirre and her husband Fernando Ramirez de Haro, arrive at a funeral. She waves, wearing a dark overcoat and colorful scarf. He, white-haired, wears a suit coat and tie.\" data-lazy- data-lazy- height=\"\" width=\"\"\/><\/p>\n<p class=\"paragraph larva \/\/ a-font-body-m     \">\n\t\u201cThe obsession with competition has gotten us into a low margin, high overhead arms race that benefits neither the artists nor the clients,\u201d he told ARTnews in an email. \u201cPace, Di Donna, and David have pioneered a collaborative model which embraces the art world networking relationships. That\u2019s the future.\u201d<\/p>\n<p class=\"paragraph larva \/\/ a-font-body-m     \">\n\tPDS is positioning itself as a structural solution to a structural problem. In a statement, Schrader, who spent a decade building Sotheby\u2019s private sales engine, said he sees PDS as a \u201cstrategic and structural response to a market that has outgrown its old architecture.\u201d\u00a0<\/p>\n<p class=\"paragraph larva \/\/ a-font-body-m     \">\n\tDi Donna brings museum-grade connoisseurship from one of the most sophisticated secondary-market galleries in New York. Pace supplies global spaces, deep estate relationships, and a half-century of institutional credibility.<\/p>\n<p class=\"paragraph larva \/\/ a-font-body-m     \">\n\tPDS is not a merger. Their gallery, as Di Donna put it in a statement, is \u201ca holistic experience\u201d that brings auctions, private sales, collection building, finance, and institutional relationships under one roof.\u00a0<\/p>\n<p class=\"paragraph larva \/\/ a-font-body-m     \">\n\tThe model raises an intriguing possibility: perhaps\u00a0this\u00a0is what innovation might look like at the upper end of the market. An allergy to cooperation has long been one of the weaknesses of that part of the sector. If PDS succeeds, it may buck that pattern.<\/p>\n","protected":false},"excerpt":{"rendered":"Pace Gallery, Emmanuel Di Donna, and David Schrader are forming a new joint gallery devoted to secondary-market sales,&hellip;\n","protected":false},"author":2,"featured_media":163904,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[442,498,499,500,107422,501,107423,107424,156,111,139,69,52374,7928],"class_list":{"0":"post-163903","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-arts-and-design","8":"tag-arts","9":"tag-arts-and-design","10":"tag-artsanddesign","11":"tag-artsdesign","12":"tag-david-schrader","13":"tag-design","14":"tag-di-donna-galleries","15":"tag-emmanuel-didonna","16":"tag-entertainment","17":"tag-new-zealand","18":"tag-newzealand","19":"tag-nz","20":"tag-pace-gallery","21":"tag-sothebys"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/163903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=163903"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/163903\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/163904"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=163903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=163903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=163903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}