–A saturated art market has led to tough times for a lot of galleries. “A growing number of gallerists… have had to shut up shop on Manhattan’s Lower East Side in the past year.” [Financial Times]
— “A low-rise 19th century building housing a Chinese grocery store” will be demolished to create an expansive new gallery and residential building on Grand Street. [Architects Newspaper]
–More on the dismissal of the city official who lifted deed restrictions at Rivington House: “The FBI questioned de Blasio. Hours later this man was fired.” The mayor’s spokesman seemed to blame poor communication for the administration’s latest snafu. “If indeed it was miscommunication and missteps that led to the curious and painful optics around (Deputy Commissioner Ricardo) Morales’s firing, then it in some measure mirrored the failures on the part of other city officials surrounding the lifting of the deed restrictions.” [New York Times]
–Editorial: Mayor de Blasio finds his scapegoat in the Rivington House scandal. “One relatively lowly deputy commissioner shouldn’t be the only one losing his job.” [New York Post]
–ICYMI: The de Blasio administration is reportedly preparing a takeover of 1200 privately owned co-op buildings. [New York Post]
–“Controversy continues to ripple through New York’s Lower East Side skate community following Louis Vuitton’s fall men’s runway show in Paris last month — when the French house unveiled its collaboration with Supreme.” [Los Angeles Times]
