Report: Small Galleries Struggle To Stay Open

Why are galleries that incubate emerging talent finding it so difficult to survive? Is it simply the pressure of rising rents in expensive cities like London and New York? Or is there a wider problem? “The collectors aren’t going to galleries any more, they’re going to art fairs,” said John Martin, a dealer in contemporary art who has a gallery in the Mayfair district of London. “They’re less intimidating, more social, more convenient, and they’re open in the evenings and at the weekend,” he added. “People are time-poor.”