The Stephan Stoyanov Gallery on Orchard Street Has Shuttered
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The gallery district that is lower Orchard Street just lost a popular showroom. Stephan Stoyanov Gallery closed its headquarters at 29 Orchard just a couple weeks ago without much warning. We are told the eponymous owner had been struggling of late. Meanwhile, the security gates are shuttered and a leasing sign tops the storefront.
Stoyanov first opened on the block back in 2009, and was unique in the sense that it boasted a basement room solely dedicated to “video art.” Their credo was a devotion to “bringing cutting edge contemporary art by emerging and mid-career artists to the forefront of the art world.”
Perhaps the closure is related to the lawsuit brought forth by Warhol Factory artist Jane Holzer last summer, which claimed the art dealer mishandled $585,000 in artwork.