30 Artists and Galleries We Loved During New York Art Week 2017ã¢ââ
Photograph
Marilyn K. Yee/The New York Times
The Charles Cowles Gallery, which is closing this calendar month.
Is really happening folks and equally much equally I detest to assist circulate information technology, the truth is in black and white. I am on hold from purchasing anything till the autumn. More gallery closings coming soon. Please read great article by Dorothy Spears for the NY Times . It is more a reality bank check!
Art
This Summer, Some Galleries Are Sweating
By DOROTHY SPEARS
Published: June xix, 2009
Postscript Appended
IT'Due south hard to believe that only nine months ago art dealers everywhere were still dreaming up plans for vast multinational expansions. Since September, notwithstanding, the gimmicky art market has careened from blast to bosom. Nowhere has that reversal of fortune been more than sharply felt than in New York, whose galleries stand for the full spectrum of the fine art world's pecking order.
Some two dozen galleries hither have folded. The almost notable among them — Clementine, Order & Greyshkul, Roebling Hall and Rivington Arms — are midsize galleries, where the reputations of upward-and-coming artists first gain traction.
Aside from slashing prices or deepening discounts, art dealers across the city have been coping not only past laying off employees just past dropping artists with poor sales records, creating partnerships with other galleries and reaching out in desperation to tried-and-true customers, many of whom were priced out of the marketplace during its peak. Yet, with the exception of several baddest galleries who show well-known artists, pes traffic in Chelsea and other gallery precincts has thinned markedly where crowds jostled just a year ago.
Now, on the heels of the almanac Art Basel fair in Switzerland, dealers are bracing for the notoriously quiet summer months. "Art galleries typically bring in very trivial revenue from mid-June to Oct," said Josh Baer, founder of the art industry newsletter Baer Faxt, "which is already pretty tough on the greenbacks catamenia. But when business is off 50 to 80 pct, ane wonders how many galleries will reopen in September."
The well-nigh recent prey, the Charles Cowles Gallery, set to close before the end of the month, will leave a gaping storefront on West 24thursday Street, the heart of the Chelsea gallery district. Later on 30 years of selling fine art, Mr. Cowles said in a contempo interview, he was ready to retire. But the economical slide left fiddling room for hesitation. "It's shocking how bad business organisation has been," he said. During the large New York auctions last month, he said, "I didn't see a unmarried major collector in the gallery."
Likewise absent in Manhattan these days are the young Wall Street executives who in flusher times routinely dropped the occasional $ten,000 on an artwork. At present it'south the wealthiest collectors who are calling the shots. And while they go along to buy, albeit more than slowly, they've been taking far fewer risks, favoring bigger galleries, similar Gagosian and David Zwirner, whose menu of services ranges from discreet backroom sales to name-make artists with a long history of museum shows and works in prestigious collections.
"What's going on with the collectors," said Roland Augustine, co-owner of the Luhring Augustine Gallery in Chelsea and president of the Art Dealers Clan of America, "is that there'southward far more selectivity in the buying at all levels."
The tougher times accept led many dealers to abolish expensive installations and fat, splashy catalogs, proceed exhibits running longer, enquire artists to cover their ain product costs and drastically limit their participation in fine art fairs, once considered a benefaction to business. Although the downturn affects everybody, some younger dealers have responded past promoting low-priced artworks and forging collaborative relationships with swain dealers.
At Schroeder Romero on West 27th Street, for example, Sara Jo Romero said that Compound Editions, a joint venture founded terminal autumn with the neighboring Winkleman Gallery, offers artworks produced in multiples in the $100 to $300 toll range. "That's been a large success for us," Ms. Romero said. "Also we don't accept any employees, and our space is off the beaten track," she added, which helps to minimize her gallery's costs.
Tracy Williams, whose gallery is in the Due west Hamlet, is likewise focusing on lower-priced fine art. Seeing her bottom line collapse in December, Ms. Williams said, she asked a consultant to take a look at her books. Later existence told, "This is what you did last twelvemonth, this is what you're going to do side by side year, this where you take to cut back," she said, she let go one of 2 full-fourth dimension employees.
Proceed reading here:
http://www.nytimes.com/2009/06/21/arts/design/21spea.html?pagewanted=two&sq=sara%20jo%twentyromero&st=cse&scp=1
And listen to three art experts here:
http://world wide web.nytimes.com/interactive/2009/06/21/arts/design/20090621-artists-feature.html
Source: https://artmostfierce.blogspot.com/2009/06/
0 Response to "30 Artists and Galleries We Loved During New York Art Week 2017ã¢ââ"
Post a Comment