Saturday, April 01, 2006

Art Fair in DC?

It's too early to announce formally, but one of the major art fair outfits, who puts up art fairs at all the US cities where people actually buy art regularly (NYC, Chicago, LA and Miami) has been sniffing around the DC region to see if they have the groundwork, interest and reputable dealers aligned to do a major DC art fair at the new Convention Center.

If they are serious, I hope that:

(a) they are prepared to lose a ton of money for the first few years while the fair takes a solid footing in the region, which I think (if done right) it will. And this will be good for DC in the long run, because if the fair takes hold and makes money for the galleries, eventually it will grow and make money for the organizers and for DC galleries.

(b) they have a business model that allows soem flexibility and scaling and even haggling in pricing, so that local galleries can be attracted to participate, and also so that national and international galleries are given breaks to accommodate travel and expenses for a new market trial, and that non-profits are given some sort of price break as well - maybe scaled to the size and budget of the non-profit.

(c) they have some way to attract collectors from the region - rather than just DC.

More later as this solidifies.

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