man & nature # 167 ~ should be interesting
Friday, June 26, 2009 at 12:37PM 
Birdbath, daisies, and irises • click to embiggenI'm heading down to NYC later today where I hope to bear witness to the blood bath on the streets of Chelsea.
West Chelsea, as many may know, has more art galleries than at which you can shake a stick. Although, in our current economic "malaise", many are dropping like flies. The word is that sales are down by 70-80% across the board. So, if you operate a gallery that had $1,000,000 in annual sales, you now have $200,000 per annum. Half of that typically goes to the artists, leaving only $100,000 for the care and feeding of NYC gallery overhead.
By NYC standards that ain't nearly enough on which to survive. Those at that level that are still trying to stay open have cut staff, shortened hours, lengthened exhibit duration, and passed some the costs of an exhibition back onto the backs of artists. The rest, to include some big names, have just closed their doors.
Reader Comments (1)
I am heading in mid week, anything you would recommend checking out