An Important Statement on Art & Real Estate
Galapagos - an arts group in Brooklyn - has hit the nail on the head. Also note that Crains New York Business has become a key source of news about New York’s creative community…
“There’s not the inflow of young artists moving in the city like there used to be,” says Robert Elmes, director of Galapagos. “The conversation at this point isn’t whether or not there’s opportunity in New York, but just what other city they should go to.”
Mr. Elmes says his theater has already seen a significant drop in proposals from college students or recent graduates to come there and present their work.
Instead, young artists are heading to places like Pittsburgh, or even oversees to Berlin, which has been aggressive about promoting itself as an affordable hub for emerging arts.
The main problem in New York, Mr. Elmes says, is the cost of real estate. That has led to a slew of off-Broadway theater closings in recent months.
Read the full article in Crains by Miriam Souccar.
