Hanwha Foundation of Culture Opens Art Space in New York

by Daniel Lee - Entertainment Editor
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New Contemporary Art Space, Space ZeroOne, Opens in New York City

A new nonprofit contemporary art space, Space ZeroOne, backed by the Hanwha Foundation of Culture, will open its doors in Tribeca, New York City, on November 7th, aiming to foster global artistic collaboration and showcase emerging Korean artists.

The inaugural exhibition, “Contours of Zero: Emerging Korean Artists in New York,” will feature approximately 20 works – paintings, sculptures, and installations – by eight artists including Jungki Beak, Jiyoung Yoo, and Jihee Kim, all alumni of Hanwha’s Youngmin International Artist Residency Program. Additional artists featured are Junghae Park, Jeenho Seo, Minjung Song, Kai Oh, and Khia Hong. The opening event will include prominent figures from New York’s art scene. The arrival of Space ZeroOne signals a growing investment in New York City as a central hub for international contemporary art.

The name “Space ZeroOne” reflects a conceptual framework where “zero” represents potential and “one” signifies realization, with the combination of the Korean and English terms forming “yeongwon,” meaning “eternity” in Korean. “Space ZeroOne will serve as a meaningful milestone in establishing the foundation’s presence in New York’s contemporary art scene,” said Sungsoo Lee, Chairman of the Hanwha Foundation of Culture. “The union of ‘Zero’ and ‘One’ symbolizes our wish for artists’ creative journeys to continue endlessly and embodies Space ZeroOne’s commitment to walking alongside them on that path.” A mezzanine installation by Hong Seung-Hye will also be on display, exploring the intersection of art and functionality. You can learn more about the Hanwha Foundation of Culture and its initiatives on their official website.

The Hanwha Foundation of Culture has a long history of supporting artistic exchange, including a partnership with the Centre Pompidou to establish Centre Pompidou Hanwha Seoul. Officials stated that Space ZeroOne will continue to support emerging artists worldwide and strengthen cross-cultural networks within the New York art community, building on the foundation’s existing Youngmin International Residency Grant program.

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