Digital Editions
Newsletters
Subscribe
Digital Editions
Newsletters
Art market
Museums & heritage
Exhibitions
Books
Podcasts
Columns
Technology
Adventures with Van Gogh
Art market
Museums & heritage
Exhibitions
Books
Podcasts
Columns
Technology
Adventures with Van Gogh
Art market
news

Chelsea gallery Hollis Taggart expanding again despite fears of a slowing market

The gallery’s space will grow by nearly 700 sq. ft thanks to an expansion into the space next door

Carlie Porterfield
10 August 2023
Share
The Hollis Taggart space at 521 West 26th Street, New York. Courtesy Hollis Taggart

The Hollis Taggart space at 521 West 26th Street, New York. Courtesy Hollis Taggart

An expansion project at Hollis Taggart will nearly double the size of the Chelsea gallery’s first floor exhibition space, a move the dealer describes as “a vote of confidence” in the New York neighbourhood even as more galleries migrate downtown to Tribeca.

The space is scheduled to open to the public 7 September—coinciding with Armory Week in New York—and will largely be used to display work from the gallery’s historic division, Taggart says, and allow the gallery to run two shows at once or larger, more ambitious exhibitions. The project adds 698 sq. ft to an existing 887 sq. ft of exhibition space, according to the gallery.

Ralph Iwamoto's Hybrid Figuration (1955) Courtesy Hollis Taggart

The inaugural display will feature work by artists including Ralph Iwamoto, the late 20th-century Japanese American Surrealist painter who was largely overlooked during his life (Hollis Taggart began representing the artist’s estate in February), Dusti Bongé, Sheila Isham, Irene Monat Stern and Michael (Corinne Michelle) West. The initial hang will also include a presentation of six drawings by Jackson Pollock dating from the early 1950s. According to the gallery, the sketches are from a notepad that sat beside the telephone at the Long Island home Pollock shared with his wife and fellow artist Lee Krasner.

Taggart, who has occupied space at 521 West 26th Street for nine years since relocating from the Upper East Side in 2015, says he’d always “fantasised” about expanding into other sections of the Chelsea building near the High Line. The space next-door—previously home to the Loretta Howard Gallery—had been leased out by a series of tenants over the years. When it became available most recently, Taggart says he approached the landlord and worked out a deal to open up the space into his gallery.

Jackson Pollock's Untitled [CR 875] (around 1950-54) Courtesy Hollis Taggart

The first floor expansion follows an earlier extension last October, when the gallery took over space on the second floor of the building at 521 West 26th Street. Taggart says that despite the rush of galleries decamping to Tribeca for larger spaces and lower rents, he preferred to invest in the gallery’s presence in Chelsea.

“It is a vote of confidence for the Chelsea gallery district. I'm confident that Chelsea is here to stay,” Taggart says, adding that the gallery’s mega-dealer neighbours like David Zwirner, Pace and Gagosian all own their Chelsea properties and are likely “planted for the long-term”.

Frieze New York 2023

Has New York’s hot art market finally cooled?

Anny Shaw

Amid concerns that the art market is slowing down after tepid spring and summer sales in New York and London, Taggart says he’s comfortable expanding when his colleagues may be doing the opposite and trying to cut expenditures in case of a market correction.

“I've always been a contrarian,” Taggart says. “It's kind of going against the concerns in the art market right now for me to actually be expanding, but I think that's just the time to do it.”

Art marketHollis TaggartCommercial galleriesNew YorkNew York real estate
Share
Subscribe to The Art Newspaper’s digital newsletter for your daily digest of essential news, views and analysis from the international art world delivered directly to your inbox.
Newsletter sign-up
Information
About
Contact
Cookie policy
Data protection
Privacy policy
Frequently Asked Questions
Subscription T&Cs
Terms and conditions
Advertise
Sister Papers
Sponsorship policy
Follow us
Instagram
Bluesky
LinkedIn
Facebook
TikTok
YouTube
© The Art Newspaper

Related content

Art marketnews
1 May 2025

Hollis Taggart to open gallery on New York’s Lower East Side for emerging artists

Taggart says the expansion further downtown is to represent more contemporary artists and appeal to younger collectors

Carlie Porterfield
Armory Week 2023news
5 September 2023

Bullish amid cooling market, galleries keep betting on New York real estate

Hollis Taggart is expanding its Chelsea footprint, White Cube will soon open on the Upper East Side and the South African gallery Goodman is prepping a Manhattan pied-à-terre

Carlie Porterfield
Art marketarchive
30 April 2001

The mass gallery exodus from SoHo continues despite rumblings of a recession

Chelsea becomes the new home of many even as it becomes ever more expensive

Sarah Douglas
New York real estatenews
15 March 2023

Collector and dealer Lio Malca joins New York gallery migration from Chelsea to Tribeca

Malca’s new 5,000 sq. ft space on White Street will open in May

Carlie Porterfield