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Iwan Wirth, President and co-founder of the internationally acclaimed modern and contemporary art gallery Hauser & Wirth, announced that the company will build a permanent home in New York City’s west Chelsea arts district. One of the most sought-after locations in New York, Chelsea is brimming with top-notch galleries, including David Zwirner Gallery, Paul Kasmin Gallery, Andrea Rosen Gallery, Marianne Boesky Gallery, and Lehmann Maupin. This new venue will replace Hauser & Wirth’s current temporary downtown gallery, which will continue to host exhibitions and various programs until its lease expires in 2017. The 7,400-square-foot, multi-level space will complement Hauser & Wirth’s townhouse on East 69th Street.

The new Hauser & Wirth  gallery will be designed by Annabelle Selldorf of Selldorf Architects, who has worked with the gallery since the 1990s on its various locations in Zurich, London, and New York.

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For its third edition (though the first to take place in March), Art Basel Hong Kong has racked up 231 galleries hailing from 37 countries — over half of them with spaces in Asia and Asia-Pacific. New additions include Paris’s kamel mennour, Zurich’s Mai 36 Galerie, Berlin’s Mehdi Chouakri, and New York’s Andrea Rosen Gallery, among others. Running from March 15 to 17, 2015, the fair will consist of five sections: “Galleries,” featuring 177 of the exhibitors; “Insights,” dedicated to 34 galleries with Asia-Pacific spaces; “Discoveries,” featuring one- and two-person emerging artist showcases from 20 galleries; “Encounters,” for large-scale sculpture; and the “Film” section, which debuted last year, and will be curated again by Li Zhenhua.

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While there’s an ongoing mini-exodus of smaller galleries from Chelsea due to rocketing rents, not everyone is leaving the neighborhood. In early 2015, Lisson Gallery — which currently has two locations in London, one in Milan, and a private showroom on the Lower East Side of Manhattan — will open an 8,500-square-foot space at 504 West 24th Street. That address situates them on a block with peers like Gagosian, Luhring Augustine, Andrea Rosen, and Gladstone Gallery.

“Designed by Markus Dochantschi of Studio MDA in collaboration with Studio Christian Wassmann, the gallery will be constructed around the foundational elements of the High Line,” according to press materials

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