Following on the heels of Deitch Projects, Kathy Grayson and Meghan Coleman (both former directors of Deitch) have opened The Hole NYC. A similar trajectory of street connected contemporary artists – think Todd James and Barry McGee – seems to be the plan, as “Not Quite Open For Business,” the Tony Goldman designed space’s first show proves.

The Hole NYC will fill a void left by Deitch, and hopefully cut its own identity quickly and effectively as well.

Our photographer, Jacob Breinholt, was on hand for the opening on July 26, 2010.

Check out a full look after the jump.

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