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Berlin Gallery Weekend Amidst Global Art Market Decline
The 21st Gallery Weekend Berlin features 52 galleries, but a new report reveals a 12% decrease in global art sales in 2024 to \$57.5 billion, and a survey of Berlin galleries shows rising rents are impacting smaller galleries, resulting in a trend of market consolidation.
Berlin Gallery Weekend Amidst Global Art Market Decline
The 21st Gallery Weekend Berlin features 52 galleries, but a new report reveals a 12% decrease in global art sales in 2024 to \$57.5 billion, and a survey of Berlin galleries shows rising rents are impacting smaller galleries, resulting in a trend of market consolidation.
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