Knoedler & Company Announces Plan to Move to New Location

NEW YORK--(BUSINESS WIRE)--The owners of Knoedler & Company today announced that it plans to move from its current location at 19 East 70th Street in Manhattan. It was also announced that the gallery’s property, a landmark 1909 townhouse, has been listed for sale.

“For this reason, we are considering other locations and alternatives that would offer more versatile space for exhibitions and operations for our modern and contemporary art program.”

Chairman Michael A. Hammer said, “We are in the process of identifying a new location to house the gallery. The move to a new space is in keeping with our vision for the future of Knoedler, and we believe that, under new leadership, this is the right time to make the transition.”

Frank Del Deo, who was recently appointed as President and Director of Knoedler & Company, said of the plan to move, “A gallery on the scale of Knoedler & Company is somewhat constricted by the limitations of a traditional New York City townhouse.” He added, “For this reason, we are considering other locations and alternatives that would offer more versatile space for exhibitions and operations for our modern and contemporary art program.”

About Knoedler & Company

Knoedler & Company has played a vibrant and vital role in the history of American art dealing and collecting. Originally established in lower Manhattan in 1846 by Michael Knoedler as a branch of the French firm, Goupil & Company, the gallery has evolved over several generations of different leadership and ownership. Knoedler was a founding member of the Art Dealers Association of America.

The Knoedler & Company gallery has operated in eight different locations since it was first established 163 years ago. For over 50 years, the gallery occupied a townhouse designed by Carrère & Hastings at 14 East 57th Street (now the IBM Building), and at the turn of the century the gallery was located at 34th Street and Fifth Avenue, a building that Knoedler & Company finally agreed to sell to Benjamin Altman, so he could finish his renowned department store (now the site of the Graduate Center of the City University of New York, and The New York Public Library’s Science, Industry, and Business Library). The gallery has been at its present location for over 35 years.

Knoedler Gallery LLC has been owned since 2001 by 8-31 Holdings, Inc., which also owns Hammer Galleries, located at 33 West 57th Street.