I have posted in the past few months on the struggles of the middle market and how many galleries are trying to re-invent themselves. All of this while a few select upper tier galleries keep on growing. The Gallerist NY is reporting on Larry Gagosian opening a new 22,000 gallery in London. this is his third gallery in all, and the total number worldwide to 12.
The Gallerist NY reports
Just in case anyone was worried that Larry Gagosian is slowing down, he announced today that he will open a third gallery in London. Carol Vogel of The New York Times has the story in her Inside Art column.
The new 22,000-square-foot space is in the capital city’s Mayfair District, where rivals David Zwirner, Michael Werner and Pace have opened galleries recently. It sports 15 foot ceilings.
For the record, this brings Mr. Gagosian’s gallery total to a baker’s dozen. He also has three galleries in New York, plus two in Paris, and one each in Rome, Athens, Geneva, Hong Kong and Beverly Hills.
Here’s hoping this doesn’t distract from the dealer’s hotly anticipated plans to open a restaurant serving waffles and chili on the ground floor of his 980 Madison headquarters.
Source: The Gallerist NY
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