Firm Represents Building Owner in Major New York Art Gallery Deal
The Real Estate Group recently represented building owner 528 West 21st Street L.L.C. in a transaction involving The Gagosian Gallery. The Gagosian Gallery, which features modern and contemporary paintings, sculpture, photography, mixed-media installations and works on paper by primarily post-war artists, signed a 10-year lease for its third New York City property — its second in Chelsea. The new gallery, located in a converted 9,200-square-foot warehouse at 522-28 West 21st Street, will be the third largest of Gagosian's five. In addition to an existing gallery in Chelsea, Gagosian has galleries on the Upper East Side, in Beverly Hills and in London.