Collector Fuhrman Extends Lifeline To Orphaned Artists

Here's one contemporary art collector who's trying to help out artists: Glenn Fuhrman, the co-managing partner of MSD Capital LP, which manages money for Michael Dell, is giving artists whose galleries have closed a show this summer.

My friend Lindsay Pollock wrote a story about it for Bloomberg (here). 

Here are the key paragraphs:

Titled "Re-Accession: For Sale by Owner," -- a combination of "recession" and "de-accession" -- the summer- long show opened June 23 at Fuhrman's Flag Art Foundation, located on the 9th and 10th floors of a glassy commercial condominium building called the Chelsea Arts Tower, featuring million-dollar views of the Hudson River and Manhattan's industrial West Side.

The show features 31 artists, among them those formerly associated with galleries including Roebling Hall, Merge and Moeller Snow -- spaces that are now defunct. Some artists had been dropped or otherwise lost gallery representation as dealers have trimmed rosters. Others had ridden out the art boom without ever landing a dealer.

Lindsay reports that everything is for sale, but that Fuhrman is not involved in the sales or taking a commission.

Good idea, I think.