Tough times

Zach Feuer, the New York dealer with a knack for turning young art-school grads into stars, has dropped eight artists -- nearly half of his roster.

“I didn’t want to be big in this economy,” said Feuer, 30. “Now is the time to have a lower overhead and be small and lean.”

After seven heady years in the art market, dealers and artists alike are adjusting to the slowdown in sales and prices. Four Manhattan galleries have shut down since September, and a fifth -- Soho’s Guild & Greyshkul -- will join them next week. The closings are leaving scores of artists without representation.

Artists who are no longer listed on the Zach Feuer gallery’s web site include the commercially and critically successful Israeli-born Tal R, Brooklyn-based Danica Phelps and Christoph Ruckhaberle of Leipzig’s Academy of Visual Arts.

The gallery will continue to represent Dana Schutz, Anton Henning, Jules de Balincourt, Nathalie Djurberg, Phoebe Washburn, Tamy Ben-Tor, Justin Lieberman, Dasha Shishkin, Johannes VanDerBeek and Stuart Hawkins.

Details here.