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Art gallery closures grow for small and midsize dealers

This is the result of a trend towards an intensely commercial and competitive art market

Published Tue, Jun 27, 2017 · 09:50 PM

New York

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 programme as well as performances in its basement space.

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

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