The sudden collapse last week of art center and studio/co-working space 3rd Ward unceremoniously revealed the incompetence with which the company was managed and its frighteningly anemic cash flows. But the DIY conglomerate’s rise since 2006 brings up some altogether more challenging questions about the uneasy alliance between businessmen and the “creative communities” they cultivate.
Jason Goodman
Posted inNews
3rd Ward CEO Confirms Closure in Letter to Instructors
The following letter from Jason Goodman confirming that his beleaguered organization is shutting down was emailed to 3rd Ward instructors at 9:39 pm EDT.
Posted inNews
3rd Ward Suspends Operations, $1.5M Investor Offering Shut Down
With news of 3rd Ward’s unexpected closure reported earlier this afternoon in the New York Observer, further details have emerged regarding the operational and strategic difficulties that have plagued the widely-utilized creative depot cum instruction space for the past year.