Three Blue-Chip Dealers Join Forces for Pace Di Donna Schrader, Opening in June

"Pace Gallery, Emmanuel Di Donna, and David Schrader are forming a new joint gallery devoted to secondary-market sales, a boutique operation with global reach and the pedigreed muscle of three heavyweights behind it. Pace Di Donna Schrader Galleries, or PDS, begins operations January 1, 2026, with a formal space opening on New York's Upper East Side in the summer and a major historical exhibition slated for the autumn."

"PDS is positioning itself as a structural solution to a structural problem. In a statement, Schrader, who spent a decade building Sotheby's private sales engine, said he sees PDS as a "strategic and structural response to a market that has outgrown its old architecture." Di Donna brings museum-grade connoisseurship from one of the most sophisticated secondary-market galleries in New York. Pace supplies global spaces, deep estate relationships, and a half-century of institutional credibility."

Pace Gallery, Emmanuel Di Donna, and David Schrader are launching Pace Di Donna Schrader Galleries (PDS), a joint secondary-market gallery beginning January 1, 2026, with a New York space opening in summer and a major historical exhibition in autumn. The founders emphasize collaboration over competition, seeking to reduce low margins and high overhead through shared strengths. Schrader frames PDS as a strategic structural response to an outgrown market architecture. Di Donna contributes museum-grade connoisseurship; Pace provides global spaces, estate relationships, and institutional credibility. PDS will integrate auctions, private sales, collection building, finance, and institutional relationships under one roof.

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