The Marlborough gallery closes 78 years of history

The Marlborough gallery will close its premises from June, after 78 years of history. Through a press release the gallery founded by Frank Lloyd and Harry Fischer in 1946, with headquarters in New York, London, Madrid and Barcelona, ​​informed that it will stop presenting exhibitions and representing artists and heritages in the primary market of art in June. "After long and careful consideration, we have come to the decision that now is the time to close our nearly 80-year-old business," reads the statement issued by the art gallery.

"We are aware that the extraordinary breadth and depth of our inventory testifies to the relationships formed over decades with some of the most important artists of the modern era," he continues.

Only a portion of the organization's 52 employees currently at all of its locations will remain at the Marlborough locations to help return shipments to their owners and manage inventory sales, while the rest of the workforce will 'will face unemployment, as reported by the specialized newspaper The Art Newspaper.