75%!

Halcyon Gallery, which opened its new 7,000 sq. ft gallery on Bruton Street last month, is suing one of its former artists, Sarah-Jane Szikora. As part of the dispute, it has emerged that Halcyon has taken up to 75% on Ms Szikora’s sales of original work.

Read the story here.

Most commercial galleries have a 50% commission, some cooperatives and non-profits have a 30-40% commission rate, but there are already some NYC galleries at the 75% commission level.