Gagosian Gallery in Chelsea With a bit of a boom going on in the contemporary art market, the Gagosian Gallery is expanding in New York's Chelsea area. Gagosian already has a gallery in Chelsea, so there must plenty of activity in the buyer's room. They also have galleries in London, Beverly Hills, and currently two in New York.
Gagosian Plans New Chelsea Gallery Amid Boom in Art Market
"Other Chelsea galleries have been expanding in the past year. Matthew Marks Gallery opened its fourth branch in November, and Perry Rubenstein Gallery opened its third in September. PaceWildenstein gallery added a second showroom in October, and Friedrich Petzel opened his second Chelsea space in January to show the works of younger, emerging artists."
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"Gagosian's expansion 'has a lot of significance since Gagosian is the most powerful contemporary art dealer in the world,' said Christoph van de Weghe, a former Gagosian staffer who now owns a gallery on West 23rd Street. 'For him to get a second gallery in Chelsea is a statement of how strong the business is and how much there's demand from people to buy contemporary art.'' Bloomberg
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