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Art Gallery Closures Grow for Small and Midsize Dealers

Jun 25, 2017 - The New York Times

The Lower East Side gallery On Stellar Rays announced in April 2016 that it was expanding into 4,500 square feet, to allow for a more ambitious exhibition program as well as performances in its basement space.

This month, just over one year later, the gallery announced that it was closing.

On Stellar Rays has plenty of company. In February, Andrea Rosen, a 27-year Chelsea veteran gallery owner, announced that she was closing her exhibition space on West 24th Street and not taking on ...