Firm’s Art Law Team Assists Leading Contemporary Art Gallery in Transition to Future Operations
The Firm’s Art Law industry practice group has continued its successful efforts to guide leading contemporary art gallery and longtime firm client Marian Goodman Gallery in its transition to a new structure and new Manhattan location for its flagship gallery. In 2022, the Firm helped structure and implement the Gallery’s transition plan pursuant to which ownership of the Gallery was broadened by owner and art industry icon Marian Goodman to 5 additional partners, 3 of whom joined Marian on the newly formed management committee. The Gallery’s transition efforts continued with the Firm recently representing the Gallery in securing a lease for an entire building at 385 Broadway in Tribeca. The Gallery expects to move from its current West 57th Street location where it has been for well over 30 years to its new Tribeca location in the Summer of 2024 after substantial construction is completed. Attorneys working with the client on the transition and lease transaction include Adam Cohen, Gary Constable, and Cantesi Tiggs.