David Schrader on Why the Secondary Market Is Leading the Recovery

In this week's episode of the ArtTactic Podcast, host Adam Green speaks with David Schrader, founding partner of Pace Di Donna Schrader, the secondary-market gallery he launched with Marc Glimcher and Emmanuel Di Donna after years leading private sales at Sotheby's. David explains why the three saw an opening for a dedicated high-end secondary dealer and how the gallery will balance a few rigorous exhibitions a year with discreet private sales. They also discuss why private sales tend to be counter-cyclical, the growing depth of bidding for trophy works, the mismatch between eager buyers and reluctant sellers, and how new wealth and the coming generational transfer of collections could reshape the top of the market.