Pearl Paint opened its flagship store on Canal Street in NYC in 1933. It closed in April, 2014 after its 11.850 square foot building was listed for sale for $15 million dollars. Pearl Paint was very significant to New York artists because its location at the edge of SoHo helped to foster the area's transition from industrial warehouses to a vibrant artist community in the 1960s and 1970s. When SoHo became gentrified in the 1980s, forcing many artists to leave, Peal Paint remained and artists continued to get their fine art supplies at the store.
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