\n\tBoth dealers are known for spinning rising talents into stars. Donahue\u2019s gallery, opened in New York\u2019s Chinatown neighborhood in 2015, was among the first to offer solo shows to artists such as Martine Syms and Jessi Reaves, both of whom now show widely in institutions. Hoffman, who opened her gallery in 2013, previously represented artists such as Elaine Cameron-Weir, Monica Majoli, Andy Robert, and more, all of whom have made the jump to Hoffman Donahue.<\/p>\n
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\n\tThe release for the new gallery\u2019s formation touted the fact that the roster is more than 70 percent women artists.<\/p>\n
\n\t\u201cIn this new chapter, nothing is lost and so much is gained. Through years of volatility across the wider gallery landscape, we\u2019ve each remained steady, avoiding the extremes of market highs and lows\u2014which means so much of our shared potential still lies ahead,\u201d the two dealers said in a joint statement.<\/p>\n
\n\tThey seemed to allude to the consolidation and gallery closures afflicting the market now, with enterprises such as Blum<\/a> and Clearing<\/a> having shuttered earlier this year. While many have said these developments signal a downturn, some market experts have rebutted these claims<\/a>.<\/p>\n \n\tHoffman and Donahue spoke of a changed market landscape and a desire to innovate in spite of it. \u201cWe both came up in the early 2000s, when galleries looked and operated differently\u2014when even a \u2018big gallery\u2019 could still feel personal\u2014and we carry that perspective forward,\u201d they said.<\/p>\n \n\tThe gallery\u2019s announcement also revealed that Hoffman and Donahue were establishing \u201can arm of the gallery dedicated to commercial and cross-disciplinary projects.\u201d The release alluded to the various art-and-fashion crossovers undertaken by artists represented by the gallery\u2014Talia Chetrit, for example, memorably photographed Lorde<\/a> for the singer\u2019s new album this past summer\u2014and teased future collaborations in that vein.<\/p>\n \n\tHoffman Donahue said the merger would be a \u201cfull programmatic integration unfolding through 2026.\u201d A booth at Art Basel Paris will mark the merged gallery\u2019s official debut.<\/p>\n