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New York Fairs: An X-ray of Transactions

Under the dreaded looming shadow of recession, the Armory Show and the Independent 20th Century have seen impressive sales.

With over 400 vendors at five trade shows and multiple art installations across the city, the art world took center stage, with the Armory Show and the brand new Independent 20th Century gaining more attention. Despite rumors of an impending recession and a solemn atmosphere to celebrate the anniversary of September 11, 2001, a large number of exhibitors at these two fairs recorded spectacular results.

Another 90 exhibitors at the Armory

At the Armory Show, held in the Javits Center over four blocks, with 90 more exhibitors than last year, in a space of 23,000 m2 – about the same size as the Frieze tent erected on Randalls Island – the atmosphere was vibrant. Who went through the corridors? Although mega-galleries such as Gagosian, Pace, Hauser & Wirth, collectors Don and Mera Rubell, who will open their museum in Washington next month, Woody’s Beth Rudin and Maja Hoffmann have been spotted as well as the presenter at the show. by CCN Anderson Cooper, Academy Award-winning actor Jared Leto or MoMA director Glenn Lowry. Institutions have also bought. The Center Pompidou has acquired a 3D installation by Wim Wenders, Presence – The art of Claudine Drai, at the Galleria d’Arte Maggiore. The Xiao Museum of Contemporary Art in Rizhao, China chose a painting by Craig Kucia at The Pit and ICA Miami chose another by Jenny Morgan at the Mother Gallery.

Vaughn Spann, 30, $ 300,000

Mathieu Templon has …

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