The New York Times takes a look at the fading presence of art galleries in the Central London neighborhoods of Mayfair and St. James’s, as increasing rents push dealers from an area they have traditionally occupied for decades.  The article also cites the challenges associated with the state of the current market.  “Modern art is not 500 weeks old — it’s 500 years old,” says dealer James Mayor. “London’s pre-eminence in art dealing and connoisseurship comes from that fact. The perception is that the only art that exists is new art sold in supermarket-type galleries. That doesn’t give the public a chance to develop a taste for anything that’s not force-fed them by the supermarkets. We need diversity.”

Read more at New York Times

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