There was a story in yesterday's Crain's New York Business called Artists Fleeing the City about the fact that the economic downturn, combined with the high cost of living in NYC, was beginning to drive artists out of the City. Here is a key quote from the article: Though there are no official numbers, a survey of 1,000 artists conducted in 2009 by the New York Foundation for the Arts found that more than 43% expected their annual income to drop by 26% to 50% over the next six months, and 11% believed they would have to leave New York within six months. Even more troubling, cultural boosters say, is that for the first time, artists fresh out of art schools around the country are choosing to live in nascent artist communities in regional cities like Detroit and Cleveland—which are dangling incentives to attract this group—and bypassing New York altogether. Of course, many arts advocates and policy folks in NY are trying to figure out how to prevent this from happe...
Periodic musings on arts, culture, creative economy and philanthropy issues from the President and CEO of the Bonfils-Stanton Foundation in Denver. You can also follow me on Twitter at http://twitter.com/gsteuer.