Overview

• Clearing closed its three-floor Bowery location and its Melrose Hill gallery on August 7, 2025.
• Olivier Babin said the decision followed unsustainable rent, shipping and fair participation costs alongside falling revenues.
• Its final presentations were solo exhibitions by Coco Young in New York in June and Henry Curchod in Los Angeles in July.
• The gallery’s Brussels branch separated in 2024 under Lodovico Corsini and now operates independently.
• Clearing’s shutdown follows the recent closures of Blum Gallery, Venus Over Manhattan and Kasmin in New York, highlighting a broader market retrenchment.