Art Services and Storage Articles

Fine Art Insurance in 2024: Navigating Challenges and Seizing Opportunities

The dynamic landscape of the insurance industry in 2024 presents a myriad of challenges and opportunities, particularly within the niche domain of fine art insurance. This article explores the key trends shaping the sector, shedding light on the factors influencing rates, improvements in loss ratios, and the intricate dynamics of the fine art insurance market.

Extreme Weather Is Making It Riskier to Insure Art

With rates of natural disasters caused by climate change on the rise, insuring private art collections is becoming more complicated and more expensive. People have been insuring art since the late nineteenth century, and in general, fine art insurance was relatively...

Art Collector Guide to Sales Tax NYC

Sales tax in New York City (NYC) is a tax that is levied on the sale of most tangible personal property, as well as certain services. The sales tax rate in NYC varies depending on the location of the transaction and the type of product or service being sold. In NYC,...

New York Galleries Are Moving to Tribeca En Masse

What’s old is new again in Tribeca, the neighborhood that fell off New York City’s cultural map when galleries moved en masse to Chelsea. Today, the area is booming again as dealers rapidly relocate their galleries to the triangle below Canal Street. ...