From its humble beginnings as an artist-run project space named "179 Canal" in 2009 to its transformation into a commercial venture in 2011, the gallery has become a testament to artistic resilience and entrepreneurial spirit. In 2011, Margaret Lee, in collaboration with her partner and art dealer Oliver Newton founded 47 Canal, this time as a commercial gallery. The name pays homage to its original location while signaling a fresh chapter in the gallery's evolution.
47 Canal quickly established itself as a force to be reckoned with in the art world. The gallery became known for its dynamic and diverse roster of artists whose works push the boundaries of contemporary art practices. Through thought-provoking exhibitions, 47 Canal continues to challenge conventional norms and ignite meaningful conversations within the art community.
47 Canal serves as a launching pad for emerging talents and a nurturing space for established artists to further develop their practice. Margaret Lee and Oliver Newton actively champion their artists' careers, forging connections with collectors, curators, and institutions to amplify their visibility and impact. The gallery serves as a catalyst for cross-cultural and interdisciplinary collaborations, hosting performances, talks, and events that extend the reach of contemporary art beyond traditional exhibition spaces. This commitment to fostering dialogue ensures that 47 Canal remains at the forefront of artistic exploration and critical engagement.