Art News: Pace Gallery and Sotheby's Partnership Could Signal New Era for Art Market
Sotheby’s and Pace Gallery are currently negotiating over a deal that would see the auction house make a significant investment in the mega-gallery—a partnership that, notes Art News, could be a significant new model for the sluggish global art market. “With Pace as a strategic partner Sotheby’s could ramp up …
Read the whole story at ARTnews.