Jon Coffelt, highly acclaimed artist, activist and curator, is a former gallery owner living and working in Manhattan. Coffelt decided to keep his distinctive Southern drawl.
First, here is a little about me…
I am a visual artist living and working in downtown Manhattan. I love to see art exhibitions and reading critical reviews is definitely a pastime. I like the underbelly of the art world and I love exploring things that are not always talked about. That said…let’s get started!
There is a huge shift in the art market as of late. The economy is down. Companies are downsizing and people are tightening the belt. Galleries are closing and/or merging.
How is this happening when supposedly the market is stronger than ever? Maybe some of the blame is to be had on the galleries who seem only interested in growing young MFA’s and giving them their first shows. Several young successful artists come to mind including Dana Schutz, Jules de Balincourt and Sean Slemon among them but burnout rate is high in this group and when we have an unstable economy art collectors tend to purchase known entities rather than risk their money. This is not something many in the artworld talk about and even acknowledge but the galleries suffering the most these days seem to have set themselves up by pushing these MFA’s into a market the artists don’t understand or are not ready for. One solo exhibition should not be used to base whether an artist is going to be successful or not especially in this current economic downturn. Does this remind anyone of the music industry as of late? For every successful younger artist, there are literally thousands who will never be given a fair shake to demonstrate what they can accomplish. For a very slim pack of successful young artists, a little ego in the artworld is fine but for many its been a bull session and many galleries have caved to these untempered egos sometimes compromising themselves. In the wake of these decisions a number of galleries have found themselves unstable, merging or even closing. This is the state of what is happening at the moment. I would love to have more dialog about this topic.
On another note, many seasoned artists are not having as many solo exhibitions and many of these same artists have figured out a way to make a living doing their art by leaving out the middle man altogether? What are your thoughts? I would like to know.