Americans Take Mayfair

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Members of the public relax in the high temperatures on the Southbank near to the Tate Modern art gallery on July 16, 2013 in London, England.

Reflecting shifts in the global art market over the past decade, major American art dealers have begun to fill up London’s Mayfair. Long known for its stylish stores, classy hotels, and storied art, it has become more Manhattanized as American galleries like Gagosian and Zwirner have eaten up commercial space. The move by these big-name American dealers reflects both the desire to reach the new wave of collectors from the developing world who often buy homes in London, and that artists want dealers with clients all over the world.