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I think there is a lack of connoisseurship. It infects everybody. Even the most serious collectors hear people talking about what the work is worth and it spooks them. They think, ‘If I’m not paying attention to this am I dumb?’ At the same time, galleries are under pressure to make sales. It’s churn and burn. It prevents relationships from maturing into deep conversations about art. We all have so much scale we have to support. The scale is the problem—whether that is scale of information you have to process, or competing with the larger galleries. You can’t scale relationships.

Lisa Cooley (via ArtNews)

#Art Collectors #Lisa Cooley #Art World #Connoisseurship #Gallery Sales #Gallery Closure #Art Dealer #Art Dealers #Quotes #Wednesday Wisdom

With the recent news that Lisa Cooley has closed her NY gallery after a successful 8 year run, it is interesting to note that out of the 40 galleries+nonprofits that took part in the 1st edition of @newartdealers fair only 13 remain in business 😔

#Lisa Cooley #North American Art Market #New York #Galleries in NY #New Art Dealers Association #NADA #Galleries #Art Galleries #Art News

”Back in 2013, Cooley noticed that one of her artists, who had considerable critical and institutional support, was not selling as well as she’d expected. ‘I think there is a lack of connoisseurship,’ she said. ‘It infects everybody. Even the most serious collectors hear people talking about what the work is worth and it spooks them. They think, If I’m not paying attention to this am I dumb? At the same time, galleries are under pressure to make sales. It’s churn and burn. It prevents relationships from maturing into deep conversations about art. We all have so much scale we have to support. The scale is the problem—whether that is scale of information you have to process, or competing with the larger galleries. You can’t scale relationships.’”

#lisa cooley #galleries #new york