The global Auction House market report presents a dashboard-level view of the industry’s latest trends, regional segmentation, and growth factors. It also provides in-depth insights into the industry’s key players and their recent developments. The report also provides revenue estimates, key industry statistics, and sales channel, distributor, and trader profiles.
A recent series of deregulatory measures implemented by the New York City Council have put the auction house market under a great deal of uncertainty. Some players in the art world are worried that this action will create confusion among collectors and fundamentally change the way that auction houses conduct business in the New York art market.
New Orleans has a new food hall launching soon. The Market will feature food from emerging chefs as well as local favorites. It will be located at 801 Magazine St., and will feature a marble bar, velvet seating, and plants. During the early months of opening, the market will feature two vendors and will include a full range of artisanal food offerings.
Regulations imposed by the Department of Consumer Affairs (DCA) are important in ensuring a fair and honest auction experience for consumers. The auctioneer cannot bid above the minimum price set by the consignor. However, the auction house must disclose this practice in its sale catalogues. In addition, it must maintain records of auctions for at least six years.