Patrick Perrin and Stéphane Custot, the French duo behind the high-profile Pavilion of Art & Design (PAD) fair held annually in Paris and London, [plan to] expand their empire to New York. Dealers such as Gagosian, Acquavella and David Gill are expected to sign up for the Manhattan event, which launches in November at the Park Avenue Armory. “This will definitely be the 20th-century fair in New York,” says Perrin, who also outlines his plans for a new fair in Paris in September to coincide with the mammoth Biennale des antiquaires. “This fair will be more classic with works dating from 1500 to 1950, along the lines of the Masterpiece fair in London.”
Art Market: World Tour (Financial Times)