Small and Scrappy Is the Way for Londons Galleries After Brexit

The citys art market is shrinking and some major players have left. But youngdealershipspresenting work by emerging artists are springing up in their place.

I have no furniture. No toilet. Nothing, said Freddie Powell, 29, a contemporary art dealer, standing in the bare, white-tiled box that has been his by-appointment showroom for the past 16 months. His tiny gallery, Ginny on Frederick, occupies a former sandwich bar in the Farringdon area of London and measures just seven feet wide.

After spending five years working for the powerhouse international gallery White Cube, Powell now makes a living as a full-time independent art dealer selling works generally priced at under $10,000. This year, he will exhibit at theNew Art Dealers Alliance, orNADA, fair in New York, in May, and inat least one fair in Europe, he said. He also said he hadeight showsplannedat his gallery.

Im young: I met artists of my own age, and I wanted to show them,Powell said. Its exciting that were moving out of the shadow of the Y.B.A.s, he added, referring to Damien Hirst, Tracey Eminand the other internationallyacclaimed Young British Artists who dominated Londons contemporary scene in the late 1990s and theearly 2000s.