Magazine article Art Monthly

Galleries

Magazine article Art Monthly

Galleries

Article excerpt

Haunch of Venison, the gallery founded in 2002 by Harry Blain and Graham Southern and purchased by Christie's auction house in 2007, is to cease operating as a commercial gallery representing artists and is instead to be folded into the secondary market private-sales arm of its parent company. The gallery's 40 artists, including Richard Long, Katie Paterson, Simon Patterson, Giuseppe Penone and Jamie Shovlin, all find themselves without HoV's representation, while its London and New York venues will close when their current exhibitions end: 2 March for the West 21st Street branch and 28 March for those on New Bond Street and Eastcastle Street. The gallery's Berlin venue had previously closed in 2010 soon after a period of extravagant spending, including the vastly generous deal to take over the Royal Academy's former Museum of Mankind building on Burlington Gardens (Artnotes AM324), which roughly coincided with the time the gallery's founders left to form Blain|Southern gallery.

As an aside to the HoV story, the Art Newspaper recently studied Blain|Southern's accounts and noted that over the 17-month period up to the end of 2011, the company reported a loss of [pounds sterling]2.1m - and hence paid no UK corporation tax - all against turnover of [pounds sterling]75.4m. These results prompted the gallery's accountant to note in his auditor's report that there was 'material uncertainty which may cast significant doubt [on] the group's ability to continue as a going concern'. The gallery vigorously denied this interpretation, but either profits in the art market are slimmer than many thought or the gallery is profligate with its spending - or profits are being funnelled through its offshore holding company, BBB Capital Investments Ltd, owned by Blain.

Edge of Arabia and Crossway Foundation open their joint headquarters - 'a new collaborative Middle East art centre' - in Battersea this month with the exhibition 'It's a Project', running 8 March to 24 May. The new venue, a former ice storage warehouse, contains a 4,000sqft gallery space, a library and education centre. www.edgeofarabia.com

Mummery + Schnelle has reversed the trend of westward gallery migration in London by moving from its long-term Fitzrovia home to 44a Charlotte Road in Shoreditch, taking over the space that Carl Freedman Gallery vacated in its recent hop across the street to 29 Charlotte Road. …

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