• Join Puck

    Directly Supporting Authors

    A new economic model in which writers are also partners in the business.

    Personalized Subscriptions

    Customize your settings to receive the newsletters you want from the authors you follow.

    Stay in the Know

    Connect directly with Puck talent through email and exclusive events.

  • What is puck? Newsletters Authors Podcasts Events Gift Puck Careers

You Down With PDS?

A gallerist, a dealer, and Sotheby’s head of private sales are joining forces to meet the moment in the secondary art market and fill the space where deals are actually happening.

David Schrader
A former salesman for J.P. Morgan, David Schrader already spoke the hedge fund managers’ language and understood their mindset well enough to sell them art. In the nine years since he joined Sotheby’s, he learned the art dealer’s worldview, as well. Photo: Phillip Lehans/Sotheby's
Marion Maneker
December 2, 2025

Join Puck to listen to this article

David Schrader, the soon-to-be former head of private sales at Sotheby’s, waxed reminiscent about last month’s impressionist day sale at the Breuer Building when I caught up with him recently, and he marveled at the sheer number of buyers in the day sales and the volume of business getting done. “The room was full,” he said, acknowledging the obvious: It had been a very long time since a day sale for impressionist and modern works had a room buzzing with quite so many bidders and buyers.