The Glimchers Can’t Keep Up the Pace
The mega gallery is struggling, Ebony L. Haynes joins Marian Goodman Gallery, longtime Manifesta director steps down, and more in Art Movements.
Art Movements, a weekly roundup of noteworthy news in the art world, highlights a troubled period for Pace Gallery. The gallery has lost $5.4 million in UK tax filings and faces a substantial debt-for-equity swap with its US parent company. In response, Pace announced cost-cutting measures, including the reduction of full-time positions and the closure of its Hong Kong office after 12 years.
The layoffs and restructuring were revealed after the New York Times broke the story in June, leading to widespread criticism for the gallery's handling of the situation. In other news, former Goodman Gallery director Ebony L. Haynes has been appointed as the senior director and global head of curatorial affairs at Marian Goodman Gallery.
Longtime partners Rose Lord and Junette Teng have also been named co-presidents. The American Federation of Arts recognized Estrellita B. Brodsky, Michael Govan, and Hank Willis Thomas with the Cultural Leadership Awards. Meanwhile, the New York City mayoral race saw Brad Lander and Claire Valdez secure victories, marking a significant moment for Brooklyn's political landscape.
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