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"Yet another gallery has fallen victim to the tough economic times.Fifteen-year-old Caren Golden Fine Art, located since 2004 in a groundfloor space on West 23rd Street, will suspend regular exhibition afterthe close of its current solo exhibition of artist Nicola Lopez,according to an email sent to the gallery&amp;#39;s mailing list today. The news comes on the heels of the closure of Chelsea&amp;#39;s Bellwether and Charles Cowles galleries.In the email, gallery owner Caren Golden writes that she plans to &amp;quot;takethe gallery underground and focus on dealing, consulting, and curatingprivately.&amp;quot; The email continues, &amp;quot;I look forward to reducing thedemands and overhead that a physical space requires, and hope that thisfreedom will allow me to pursue a deeper and more varied relationshipwith the contemporary art scene.&amp;quot;Golden&amp;#39;s email also indicates that she will &amp;quot;continue to support andpromote the CGFA artists and welcome inquiries about them for sales,exhibition, and representation, while I look forward to reinventingmyself as a private art dealer, adviser, curator, and more.&amp;quot;Caren Golden founded her gallery in 1995 in Soho, and relocated to the then-developing Chelsea art district in 1999.Sarah Douglas is Senior Correspondent for ARTINFO, Art+Auction, and Modern Painters."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.blouinartinfo.com/market-news/article/31917-recession-claims-another-chelsea-gallery>