Conservators are overwhelmed with the aftermath of Chelsea flooding. AXA said that they made a list of the 300 most critical locations; although many works are salvageable, the costs are too great, with restoration fees ranging from $1 – 100,000. Zach Feuer alone reportedly had 550 artworks damaged. The Gloria Velandia Art Conservation company is working on pieces by Andy Warhol, James Rosenquist, Lucio Fontana and Joel Shapiro. (more…)