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To stay in Chelsea and retain his lease, Mr. Kaplan [of Casey Kaplan Gallery] said, would have required paying twice the rent and taking on a much higher share of his building’s escalating tax rate. Instead, he elected to move to a new space in the Flower District, on 27th Street between Sixth and Seventh avenues. It will have double the square footage, he said, for half the cost [...] The Flower District doesn’t draw the same kinds of numbers but is already on the art-world radar. — wsj.com
Another question: why do neighborhoods keep getting branded "the New _______"? View full entry
