Working between Vienna and New York, Irina Lotarevich creates wall-mounted sculptures that explore her subjective experience within large bureaucratic systems. Through labored metalworking, she gives shape to the powerful yet intangible forces of capital that permeate and destabilize everyday life. The exhibition’s title, Indicators, refers to the quantitative tools used to predict fluctuations in the stock market.

Much of the tension present in the work stems from Lotarevich’s ability to render complex immaterial systems through a minimal formal language. In Volatility II, sheets of steel are forged at high temperatures into compressed, organic forms, then powder-coated in a vivid red – a color traditionally associated with market decline. Three modular sculptures sharing the title Compressed Structure are held together via pronged supports reminiscent of jewelry design, a form which traditionally functions in the service of displaying wealth. It is a reflexive gesture that recognizes the sculptures’ role as a luxury item within a global art market.

Economic precarity and the unseen forces that restrict social mobility underpin the exhibition. Housing (Lottery) references systems used to allocate subsidized housing when public demand exceeds availability, while the Housing Anxiety series, with its proliferation of locks and keys, evokes parallel lived experiences, individual vulnerability, and collective resilience. In Lotarevich’s hands, sculptural tension becomes a metaphor for social pressures, transforming systemic strain into materially resonant objects.