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.Read the article via Bloomberg

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