Art market: the gold rush in the Parisian golden triangle

Is this the art world’s gold rush in the golden triangle of 8^e district of Paris? Full zoom on the intersection of avenue Matignon and rue du Faubourg-Saint-Honoré, the new strategic crossroads where everyone dreams of opening a space, in a window or on the upper floor, even at a high price. It has become the epicenter of art and has developed at lightning speed, a consequence of the hellish traffic jams and car hunting in the capital. Enough to dissuade collectors with well-established habits from launching into the Marais, a historic gallery district, like that of Saint-Germain-des-Prés.

Rare and expensive doorsteps

Around the Bristol Hotel, door passes have become rare and expensive. The arrival of the new Sotheby’s headquarters, within the walls of the former Galerie Bernheim Jeune, will not help the situation. On the eve of its opening, jointly with that of Art Basel Paris, the announcements are coming out. The latecomers who had not taken the gallery train…