Tuesday, January 12, 2010

Update: It's Official, Deitch Projects Will Close

I suppose it's sort of self evident, but Jeffrey's appointment to head LA Moca will result in the closure of his gallery. As of June, this important innovative space which played a big role in the contemporary and street art community will be closed for good.

Not to insult Jeffrey on any level, but one has to wonder if he would have done this in a stronger and less freaked out and conservative art market. A most elegant way to bail and yet live on as a power player.

Transformazium co-founder, and street art creative genius, Swoon as well as CMU alum, Jonathan Borofsky both showed at Deitch.

A few words from Jeffrey about the auction houses and role of fame and money in today's world.

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