Condo developments continue to threaten non-profit art spaces in NYC
New York City non-profit art spaces in downtown Manhattan are being pushed out by new developments. The newest addition to the battle is the non-profit Artists Space, founded in 1972. As a prominent organization which fostered artists such as Hito Steyerl, Laurie Simmons, and Adrian Piper, director Stefan Kalmar fears that the building of a luxury condo above the 38 Greene street location will force the space to close in the fall, and move out of Soho by 2019.
Organizations such as Printed Matter, The Kitchen, and Participant Inc. have joined forced under Common Practice New York to lobby against development. Franklin Furnace, originally located in TriBeCa, now resides at the Pratt Institute Brooklyn campus, following the trend of New York based artists moving to the outer boroughs for cheaper rent.
But Manhattan is not the only borough where development prices have skyrocketed. Brooklyn and Queens have become just as expensive if not more. It is not uncommon to find developments priced at nearly $2 million a piece, and the trend shows no signs of stopping.