"Exhibitors at this year's edition of The Armory Show kicked off the art market season reporting solid sales during the fair's VIP preview on Thursday (4 September), a welcome signal for New York's largest fair after a summer of gallery closure announcements. When revealing the exhibitor list earlier this year, the fair's organisers touted the return of more than 20 galleries after a hiatus as a victory, and a testament to the fair's influence and ability to draw in tens of thousands of visitors."
"Still, some prominent dealers-like Cristin Tierney (showing downtown at Independent 20th Century), Sperone Westwater and Jeffrey Deitch-did not return this year after taking part in the 2024 edition. The absences come as the art market remains soft, with many dealers tightening their belts and scrutinising their expenditures on fairs, and after a series of gallery closures this summer, including Clearing, Venus Over Manhattan and Blum."
Exhibitors reported solid sales during the VIP preview, signaling market resilience for New York's largest fair after a summer of gallery closures. More than twenty galleries returned after a hiatus, including Andrew Kreps, Uffner and Liu, Instituto de Visión and White Cube, marking White Cube's first participation since 1994. Returns followed extensive conversations between gallerists and fair organisers, contributing to stronger relationships. Some prominent dealers, including Cristin Tierney, Sperone Westwater and Jeffrey Deitch, did not return. The art market remains soft, with many dealers tightening budgets and reviewing fair expenditures after closures such as Clearing, Venus Over Manhattan and Blum.
Read at The Art Newspaper - International art news and events
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