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London Art Dealers Take the City’s Temperature

Thaddaeus Ropac, Kate MacGarry and Emma Hodgson, co-founder of Pale Horse, consider the effect of artists’ studios and local creative ecosystems on the city's growth.

London Gallery Weekend (LGW) kicked off early on June 4 with a salon-style conversation among three dealers (with moderator Melanie Gerlis) at very different levels of the market: Thaddaeus Ropac, Kate MacGarry and Emma Hodgson, co-founder of Pale Horse, the youngest gallery participating in this year’s edition of LGW. London is still second only to New York as an art market hub, the panel emphasized, with the U.K. accounting for 18 percent of the global art market, according to the Art Basel & UBS report. But its strength is not only commercial: it is also defined by its concentration of institutions, and even more importantly, of international artists. As Ropac put it, “An artworld can be successful only with its artists.”

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Touching on the usual post-Brexit argument, Ropac, who maintains spaces in both London........

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