I have been asked why I haven’t commented on the closure of Blain|Southern last week. The truth is that I feel nothing but sympathy and sorrow for Harry Blain who has had a long history as a very successful dealer and had recently done everything he could to reduce its costs by radical down-sizing. I also, of course, feel at least as much sorrow for the many artists the gallery represented, many of whom I liked and admired, and for the lovely and dedicated staff, who I liked working with. What does it tell one about the current state of the art market ? Only that business can be cruel.
https://news.artnet.com/market/blain-southern-february-1774869