Overview
- Operations begin January 1, 2026, with Pace Gallery, Emmanuel Di Donna, and David Schrader participating as equal partners.
- A new Upper East Side headquarters opens in summer 2026, followed by a major historical exhibition in fall 2026.
- PDS will leverage Pace’s global footprint, including spaces in Los Angeles, London, Geneva, Berlin, Seoul, and Tokyo.
- Founders present a holistic, non-merger model that spans connoisseurship, private transactions, auction negotiation, finance, and collection building.
- Schrader says private sales now represent more than half of blue-chip transactions, and the venture will retain close ties to Sotheby’s while offering an alternative to its private-sales departments.