A major rent hike is forcing longtime Latino art gallery Galeria de la Raza to move out of its main space in the Mission District next month after more than four decades at the site.
A statement from the gallery Friday said that it received notice in June of a proposed 100 percent rent increase effective in August. But over the summer, the gallery negotiated with its property manager to remain at the same rate in exchange for losing its main gallery space at 2857 24th St.
The gallery plans to stay at its smaller corner storefront next door, called Studio 24, while working to secure a permanent lease in the coming years at a site near 16th and Folsom streets with the help of the Mission Economic Development Agency and Tenderloin Neighborhood Development Corporation.
“Even though this is a dramatic reduction in our physical space, without a matching reduction in our monthly rent, we believe maintaining a presence within the community at our corner storefront… is something we must do,” the statement from the gallery reads.
Mission Local first reported the rent hike.
The nonprofit gallery has been at its location near the corner of 24th and Bryant streets on a month-by-month basis since 1972. It plans to move into the smaller space by Nov. 5.