crainsnewyork.com – Peter D’Amato
Despite chatter about the death of West Chelsea’s art scene, the number of galleries there is down only slightly from its historical peak. Still, the Lower East Side is gaining as the city’s art epicenter.
Bushwick, Brooklyn, by comparison, has not lived up to its buzz as an art hub, with only 3 new galleries having opened in 2015.
Though high rents are pushing some galleries out, the art business remains much stronger than it was years ago. The city has seen a 442% increase in the number of galleries since 1965—to 1,475 from 272. The city had only two back in 1802, when the New York Academy of Fine Arts and the American Academy of Fine Arts opened gallery space.
Categories: NYC News