Young London Galleries Draw Attention as Art Market Faces Pressure
Tax changes and Paris’s growing influence are weighing on London’s art scene, while smaller galleries attract attention at Frieze and beyond.
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London’s art scene is feeling the strain of tax reforms and Paris’s growing influence as major money moves away from the city’s market.
Yet younger galleries operating on limited budgets are drawing attention through their willingness to take risks. Their presence is generating interest at the Frieze London fair and elsewhere.
The contrast highlights the continued visibility of smaller dealers even as financial pressures weigh on London’s wider art scene.
Originally reported by The New York Times. Read the full story at The New York Times
