The Frieze New York art fair will open in between two major sale cycles in Manhattan prompting Georgina Adam to gather this comment from art advisor Lisa Schiff:
“There is just too much being offered in a short period,” Schiff says. “The calendar is jam-packed: there are the auctions, then Frieze New York, then Hong Kong, then Art Basel, then the London sales. I know the collector base for art is growing, that the market is bullish, but there must be a limit to how much inventory can be absorbed in two months.”
Breath of Fresh Air—or Ill Wind? (Financial Times)
