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Chelsea art gallery trades hands for $13M.

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  • Additional Information
    • Subject Terms:
      WARHOL, Andy, 1928-1987; PICASSO, Pablo, 1881-1973; ROTHKO, Mark, 1903-1970
    • Abstract:
      The article from Crain's New York Business reports that the Chelsea art gallery Cheim & Read has been sold to Skarstedt for $13.3 million. Skarstedt, known for its locations in the Upper East Side, London, and Paris, will host its first exhibition at the Chelsea building featuring new paintings by KAWS. Cheim & Read, founded in 1997, focused on contemporary and historically significant art before ceasing public exhibitions in 2023. Skarstedt plans to maintain the building's design and utilize its 6,000 square feet of space with 30,000 square feet of buildable air rights. [Extracted from the article]
    • Abstract:
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