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  • ArtAsiaPacific

    Emergency Exits

    May 01, 2020 3 minutes
    BY DT

    ovid-19 is proving Darwin’s theory of survival of the fittest. In Hong Kong, real-estate developers are wringing their hands over how to maintain the status quo: charging sky-high rents. One of the most marked-up plots on Hong Kong island—if not in the world—is the Pedder Building, the art world’s favorite colonial-style enclave in the heart of Central business district. During its peak in 2015, Pedder’s owner was charging USD 1 million per month for

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