“I am trying to be careful about how we extend ourselves,” said Rachel Uffner, the owner of a gallery named after her in New York that has two other full-time employees. She is participating in the Sunday Art Fair during Frieze Week, one of three fairs this year, down from five last year.
Some collectors are skipping the frenzy altogether. Wasser, the Toronto collector and a board member of the Andy Warhol Museum in Pittsburgh, timed his latest trip to New York while an art fair was going on in Chicago. He said he viewed higher quality art in galleries and had more personal interaction with dealers than on previous trips for fairs and auctions.
“My wife and I looked at each other and said, ‘That was the best four days in New York we spent in a long time,’” he said.
This article was provided by Bloomberg News.