I’m sad. According to Choire, and the gallery web site, Debs & Co. is closing. They have always been one of the more political of the Chelsea galleries, showing the likes of Joy Garnett, Emily Jacir, and Carrie Moyer.

Cool idea! A new company called Mutual Art has created a pension fund for artists, which they fund by “investing” artworks rather than cash.

The advisory board includes John Baldessari and Kiki Smith.

The list of artists accepted into the initial trust includes Tim Lokiec, Jules de Balincourt, Aida Ruilova, and Anthony Goicolea.

Here is the description from their FAQ of how it works:

A region-specific selection committee comprised of individuals who are broadly experienced in working with emerging artists will identify artists to be invited to apply for participation in a Trust. The committee will review each applicant’s work and select those who will participate in a Trust. Only self-employed artists may participate in APT.

The Selection Committee members for the APT, New York are Clarissa Dalrymple, Jeffrey Deitch, David A. Ross, Jack Tilton and Simon Watson.

APT is a barter-based program. Rather than cash, participants will contribute works of art to their Trust, investing 20 works over a 20-year period. Artists will start to receive income 20 years after the inception of their APT.

Income for payments to the participants will come from the sale of works held by a Trust. Fifty percent of the net proceeds from these sales accrue to the retirement benefit accounts of all participants and the remaining fifty percent will accrue to each artist’s own retirement benefit account. Each artist receives an equal share of the pooled funds generated by the sale of the works held in a Trust, thereby benefiting from the collective success of all of the artists in their Trust. Additionally, each artist is rewarded proportionally to individual market success, since 50% of the net proceeds of the sale of his/her work are invested in individual benefit accounts.

On Sunday, a lot of Williamsburg galleries are having things brunch-ish available from 12-4pm to entice viewers. We’re heading out there around 1 to look at art and show a friend around who we’re trying to bring into the art buying habit. Gallery-going: the gateway drug, as it were.

Among the galleries I know we’ll hit:

Victoria Rich at *sixtyseven

One more look at “Size Does Matter” at Eyewash/Boreas

“Boys Keep Swinging” at Champion Fine Art

Jerry Kearns at Jack The Pelican Presents

Alec Dartley and Vicki Sher at Jessica Murray

Sarah Beddington and Fritz Welch at Momenta

Lynn Cazabon at Schroeder Romero

“Sadie Hawkins Dance” at SOUTHFIRST

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UPDATED: I found more that are not necessarily part of the brunch thing.

Active Duty/Armed Artists of America (AAA)

Josh Smith – REENA SPAULINGS FINE ART, 371 Grand Street – he curated a great show at Champion

This week’s Village Voice has an essay by Mac Wellman on why he is hopeful about the state of theatre in New York. He mentions quite a few people I’ve written about here, and others I’ve seen but not written about. These include Anne Washburn, The Civilians, and others. One of the fascinating new groups he mentions was the one I told Paige West to check out when we had drinks on Friday: 13P, which Wellman describes thusly

13P (short for 13 Playwrights, Inc.) has just begun operations with a fine production of Washburn’s The Internationalist at the Culture Project, directed by Ken Rus Schmoll (who also directed Courtney’s Demon Baby). 13P is of particular note because it has been created by playwrights for playwrights on behalf of plays—playwrights who see no point in the whining endemic to the Theater of the Unproduced. Thus, each of the 13 will receive a full production before 2010, and each is expected to contribute manfully to the others’ shows. A fine and intelligent idea in this day of institutional blandness. 13P is made up of Sheila Callaghan, Erin Courtney, Madeleine George, Rob Handel, Ann Marie Healy, Julia Jarcho, Young Jean Lee, Winter Miller, Sarah Ruhl, Kate E. Ryan, Lucy Thurber, Anne Washburn, and Gary Winter. These playwrights remain unawed by the difficulty of pursuing an aggressively non-corporate, non-careerist path.

For more on 13P, check out these articles from The Brooklyn Rail and CultureBot.

We recently saw Anne’s play The Internationalist, having become huge fans after seeing her play The Ladies with The Civilians. The run for The Internationalist has ended, but I hope someone revives it. We saw it the last night, and they were turning people away. We thought it was brilliant, with an amazing cast. See the Village Voice review here. We took Anne to lunch on Monday to get a chance to just talk to her a bit outside of a “you’re great!” chat after a performance at a theatre.

Finally 13P has an interesting deal going right now — the Blind Optimism Package. For $180 you get 2 reserved seats for their remaining 12 plays, to be produced through 2010. We’re going to buy the tickets. If nothing else, it shows my hope that I won’t have to go into exile in Europe after the November election.

An oblong $175 million plaza, flanked by two 43-foot-tall arched gates and 56 granite columns, each holding a pair of bronze wreaths, surrounding an oval reflecting pool with fountains, it is the strangest, ugliest major memorial in Washington.

The new monument feels as if a Fascist architect had designed a food court for the Mall of America, and then accidentally shipped it to Washington, where it was installed on a 7.4-acre plot located on the National Mall between the Washington Monument and the Lincoln Memorial.

on artnet.com.

I’ve already posted my own (brief) comment on the thing.

We picked up a gouache and graphite on paper work by Kevin Christy from his Monya Rowe show:

My recommended openings for today are:

Synapses – group show at Florence Lynch Gallery including William Crow

The Cave and the Island – Group show at White Columns featuring eight Canadian artists