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New York vendor Per Skarstedt will transfer right into a Chelsea area that previously housed Cheim & Learn, a gallery that shuttered final yr after 26 years in enterprise. Skarstedt will proceed to run his Higher East Facet area on East 79th Avenue, based on Kenny Shachter, who first reported the information in his Artnet column.
Skarstedt, whose roster consists of artists like Eric Fischl, KAWS, David Salle, and Martin Kippenberger, has secured a $13.5 million deal to maneuver into the West twenty fifth Avenue gallery location. The 6,000-square-foot constructing, designed by architect Richard Gluckman, was listed for $15 million in Might.
The transfer is a giant change for Skarstedt, which is able to now be nearer to lots of its friends. Skarstedt additionally has a gallery in London.
His gallery’s enlargement comes as many others are leaving Chelsea. Previously few years, many galleries have departed for Tribeca, the place a sprawling community of areas is now sited. That neighborhood at the moment hosts galleries corresponding to James Cohan, Andrew Kreps, and P.P.O.W., all of whom had been Chelsea mainstays earlier than relocating downtown.
The turnover has allowed some new entrants to open up store within the neighborhood. Kurimanzutto, David Kordansky, Nara Roesler, and others have all opened Chelsea galleries up to now 5 years, with Karma set to comply with this week.
A Skarstedt spokesperson didn’t reply to ARTnews’s request for remark.
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