Galleries Sweat Summer Sales

By Meredith Mowder • June 22, 2009

As the summer heats up in New York City, some galleries in Chelsea are getting burned.Â It is the first summer of the FICRY and the recession is giving new meaning to “the dog days of summer.”Â Indeed, some galleries in New York are feeling stagnated and paralyzed–lack of buyers with extra money means lack of sales.Â Galleries are struggling to sell works, some are even developing new business strategies.Â As some galleries fear they won’t last through the summer, some have already bitten the dust, like Guild & Greyshkul and Clementine Gallery.Â To read more, click here.

chelsea

Categories: Industry, Lifestyles
Tags: Art, art market, Galleries, NYC

Popular Posts

Just Like Us! Celebrities Face Home Foreclosures [caption id="attachment_1956" align="aligncenter" width="480" caption="Jose Canseco and Heidi Northcott, is that a bud light Mr. Millionaire?"][/capt
Mary Jane Weed: Prohibited Nature or California's Bankruptcy Solution? You know me, but you may not know you know me.Â I am the white-collar stoner. Like millions of my fellow white-collar stoners, when I return home from
Rich People Are Still Rich, But Now They're Embarrassed Drinking Johnnie Walker Blue from a PBR can: Reuters reports that folks who still have more cash than they know what to do with are trying to tactfully hid
How the Crisis Changed Porn and Politics [caption id="attachment_1734" align="aligncenter" width="560" caption="Porn stars sign autographs at the AVN Adult Entertainment Expo (AEE) in Los Ve
The Rise of the American 'Ghost Box' [gallery columns="4"] Ghost towns were so 19th Century. The newest industrial specters are the massive abandoned box-stores now littering the paved outs
Is College Really a Waste of Time or are the Right-Wing Pundits Trying to Make Us Stupid? According to the FICRY-fueled media, these dark economic times should have us reexamining our priorities on everything from fashion to finance to friendshi
Amidst the Worst Manufacturing Slump since the Great Depression, American Companies Prevent Recovery by Axing Innovation [caption id="attachment_3199" align="aligncenter" width="491" caption="A faltering American Tradition: Pictured Here, Johnson & Johnson Manufa
Fashion: Lastest Crisis Victim [caption id="attachment_2017" align="alignright" width="194" caption="Mary Kate Olsen, in Christian Lacroix, Met Gala, May 2009"][/caption] Ben Ma
Fake Pictures of Dubai Construction Sites Used to Defraud Investors: UPDATE [caption id="attachment_1441" align="alignright" width="614" caption="Dubai's Fraudulent Boom"][/caption] In light of the recent economic crash
New York Times Steals FICRY's Thunder by Deeming Dickens Newly Relevant [caption id="attachment_3241" align="aligncenter" width="344" caption="George Cruikshank: Illustrator. Charles Dickens' The adventures of Oliver