Pace Gallery Drops 50 Artists; Bonhams Motorcycle Sale with 300+ Lots

June 5: Pace Gallery Drops 50 Artists; Bonhams Motorcycle Sale with 300+ LotsIn this episode:Pace Gallery Restructuring- Cutting ~50 artists from roster of 135, reducing staff from 250 to 200- CEO Marc Glimcher describes mega-gallery model as "unfixable"- Locations: New York, London, Los Angeles, Hong Kong, Seoul, Tokyo, GenevaSagrada Familia- 18th and final tower completed after 144 years of construction- Pope scheduled to inaugurate- Designed by Antoni Gaudi; long considered incompletableLuxury & Fashion- Zegna (ZGN) staging Summer 2027 runway show in Los Angeles today- Villa Zegna invitation-only private club opens in Hollywood- Zegna joins Dior, Gucci, and Louis Vuitton in staging shows outside traditional fashion week calendarAuctions & Events- Bonhams Motorcycles Online Summer Sale live through June 15 — 300+ lots, 250+ without reserve- 100+ artists threaten legal action against Venice Biennale over Visitors' Lions prize- London Gallery Weekend opens today — 120+ galleries participatingWeek Ahead- Sotheby's Magnificent Jewels — June 9, New York- Christie's watches — June 10, New York- Bonhams watches — June 11, London- Phillips watches — June 13-14, New York- Sotheby's watches — June 15, New York- Bonhams National Automobile Museum — June 13, RenoLinks:- ALT/FNDATA: https://www.altfndata.com- Pace Gallery restructuring: https://news.artnet.com/market/pace-gallery-downsizes-cutting-artists-and-staff-2778584- Sagrada Familia: https://www.theartnewspaper.com/2026/06/04/gaudis-sagrada-familia-finally-shakes-off-its-incompletable-tag-as-pope-prepares-to-inaugurate-tallest-and-final-tower- Zegna LA runway: https://wwd.com/menswear-news/mens-designer-luxury/zegna-spring-2027-los-angeles-thom-browne-first-show-milan-fashion-week-1238638812/- Venice Biennale legal action: https://www.theartnewspaper.com/2026/06/04/more-than-100-artists-threaten-legal-action-against-venice-biennaleAlso from ALT/FNDATA:- Closing Price — Mon-Fri at 5 PM ET- Art Market — Tuesdays at 8 AM ET- Luxury Spending — Wednesdays at 8 AM ET- Auto Market — Thursdays at 8 AM ET