After eight years in business, New York’s Deli Gallery is the latest in a recent rash of galleries to announce their closure. It will shutter on Sept. 28, the final day of its current exhibition of paintings by Jose de Jesus Rodriguez.

The gallery, which was founded by Max Marshall, made the announcement on Instagram. “It has been a privilege and an unbelievable gift to be able to realize so many incredible exhibitions and share our unique vision and voice with all of you,” the post reads. “The gallery was founded on a commitment to community—to highlighting and advocating important voices—so it is something I know will remain long after Deli shuts its doors.”

Deli opened in 2016 in Long Island City, Queens; moved to Bushwick, Brooklyn, in 2018; and relocated to Tribeca in Manhattan in 2021. Along the way, it gained recognition for supporting the careers of emerging artists such as Devin N. Morris, Ficus Interfaith, Lila de Magalhaes, and Abigail Lucien. In 2022, it launched an outpost in Mexico City.

Marshall told Artnet News in a statement, “It has been a difficult decision to make. Obviously, there are external market factors at play, but at the end of the day this felt like the right moment. I think of Simone Subal saying when she recently closed ‘leave a party when it’s in full swing.’ I found that to be the right framework for making a hard decision, but one that ultimately is the right one at this moment for myself and my family.”

Install of Lila de Magalhaes’s show “Earthling” at Deli Gallery. Courtesy of Deli Gallery.

Marshall noted a pattern among many of the recently closed galleries, Deli included: the post-pandemic art market boom led them to expand, and now that demand for art has contracted, their rapid growth is catching up with them.

“This certainly remains the case for Deli Gallery, given our move to Tribeca in 2021 and our Mexico City outpost in 2022,” he said. “We made those decisions in an effort to offer our artists a wider audience, to grow our support, and to continue to engage in new and exciting ways within the art-world. As a business these are necessary decisions and ones made with a bold effort to support our community. I will not look back on this period with regret because during the period of growth we continued to create a lasting impact of those around us.”