Fair Trouble

Not only are some art fairs both in the US and abroad (Germany and UK) cancelling - like artDC did for DC area - but another sign of fair troubles is the fact that many US art fairs have and are extending their deadlines for gallery applications.

That possibly means that not enough galleries are applying. And when the fair organizers actually call you to talk you into applying, that's certainly a bleak sign of harsh times ahead.

This is where the market decides who floats and who sinks. It will be interesting to see what Armory week looks like this weekend in NYC.