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. ...

Art Collectors, Pay Your Taxes

States are targeting those who avoid sales and use taxes States are cracking down on art collectors who aren’t paying taxes owed on their purchases. States don’t release details about investigations into evasion of taxes on art purchases. But according to lawyers...

10 Galleries to Visit Now on the Lower East Side

Galleries, small and midsize, are having a rough ride. Rents keep climbing. So do art-fair fees. And certain people who might help pay the gallery bills — collectors, big-museum curators — keep not showing up except at a handful of spaces with social cachet and...