Nicola Lopez

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Fifteen-year-old Caren Golden Fine Art, located since 2004 in a ground floor space on West 23rd Street, will suspend regular exhibition after the close of its current solo exhibition of artist Nicola Lopez, according to an email sent to the gallery's mailing list today. The news comes on the heels of the closure of Chelsea's Bellwether and Charles Cowles galleries.

In the email, gallery owner Caren Golden writes that she plans to "take the gallery underground and focus on dealing, consulting, and curating privately." The email continues, "I look forward to reducing the demands and overhead that a physical space requires, and hope that this freedom will allow me to pursue a deeper and more varied relationship with the contemporary art scene."

Golden's email also indicates that she will "continue to support and promote the CGFA artists and welcome inquiries about them for sales, exhibition, and representation, while I look forward to reinventing myself as a private art dealer, adviser, curator, and more."

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.