Dealer Beware

Clare McAndrew
For her 2025 market report, Clare McAndrew incorporated responses from 1,600 galleries around the world to present an of-the-moment, wide-angle overview of what life is like for an art dealer in 2025. In short, it’s complicated… Photo: Paul McCarthy/Courtesy of Art Basel
Marion Maneker
April 16, 2025

Last night, at the opening of Cecilia Alemani’s new Willem de Kooning show at Gagosian, I fell into one of those existential conversations about the state of the art market, and the health of galleries, in particular. The current downturn in art sales has now dragged on for nearly two and a half years, and it’s been tough on everyone in the business. I get fairly regular calls, texts, and emails from folks in the art trade telling me that galleries are behind on their accounts, or about dealers leaving galleries and then suing to collect their sales commissions.

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