.New york city dealer Per Skarstedt will move into a Chelsea area that in the past housed Cheim & Read, a gallery that shuttered in 2013 after 26 years in business. Skarstedt will remain to operate his Upper East Edge room on East 79th Road, depending on to Kenny Shachter, who to begin with disclosed the headlines in his Artnet column.
Skarstedt, whose lineup consists of musicians like Eric Fischl, KAWS, David Salle, and also Martin Kippenberger, has protected a $13.5 million offer to move into the West 25th Road gallery site. The 6,000-square-foot property, designed through architect Richard Gluckman, was actually detailed for $15 million in May.
The move is a huge modification for Skarstedt, which will now be actually closer to a number of its own peers. Skarstedt also possesses a picture in Greater london.
His gallery's expansion comes as several others are actually leaving behind Chelsea. Previously handful of years, numerous galleries have actually left for Tribeca, where a sprawling network of areas is right now sited. That area presently hosts galleries including James Cohan, Andrew Kreps, and P.P.O.W., each of whom were actually Chelsea essentials just before moving midtown.
The turnover has enabled some brand new entrants to open up store in your area. Kurimanzutto, David Kordansky, Nara Roesler, and also others possess all opened up Chelsea galleries in the past 5 years, along with Karma set to observe today.
A Skarstedt agent did certainly not respond to ARTnews's ask for remark.