Adam Sandow has acquired a 50-percent stake in Galerie, the quarterly art and design magazine launched last year by Lisa Cohen and her husband, Hudson News head James Cohen. Terms of the deal were not disclosed.
Sandow—whose company publishes titles like NewBeauty, Interior Design and Worth, among others—will become an equal partner in the magazine with the Cohens, with Sandow providing operational support to Galerie and Lisa Cohen staying on as editorial director.
“I was drawn to Galerie because of the incredible brand that Lisa Cohen has built,” said Adam Sandow in a statement. “She has identified an important niche at the intersection of art, design, and destinations. We are very excited about the opportunity to round out our design portfolio with Galerie and bring this beautiful title under the SANDOW umbrella.”
Launched in April, 2016 and retailing for $11.99, Galerie claims a total distribution of 100,000—partially by leveraging placements at Hudson News locations worldwide—to an affluent readership.
On the surface, the addition of Galerie makes sense for Sandow’s portfolio of art- and photography-rich titles which, apart from NewBeauty, are mostly focused on design and luxury.
“I love the idea of featuring emerging artists and showing new talent, new creativity, and creative people getting to cross-pollinate,” Lisa Cohen told Forbes last year. “Plus, the front of the book is a People magazine for artists, so that’s fun.”
Margaret Russell, who had previously edited Elle Decor and Architectural Digest before exiting Condé Nast in early 2016, was snatched up by Galerie to serve as its new editor-at-large last December after then-editor Suzanne Slesin stepped down. Russell will stay on with the magazine, in addition to her new role as the first-ever honorary dean of the Savannah College of Art and Design’s school of Building Arts.
The announcement comes about a week after Sandow revealed a new, 45,000-square-foot office at 101 Park Avenue.