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frieze los angeles satellite fairs report

The Felix Art Fair kicked off LA Art Week at the Hollywood Roosevelt Hotel, drawing significant crowds despite logistical hurdles. While long lines for elevators slowed the initial flow of visitors to the upper floors, exhibitors reported steady interest and early sales. New York-based dealers faced particular challenges arriving for the opening due to a major Nor’easter that disrupted flights across the East Coast, forcing many to finalize their booths just hours before the VIP preview.

paris internationale debut milan edition spring 2026

Paris Internationale, the emerging art fair known for hosting independent galleries, announced it will launch a Milan edition in April 2026, just before its 11th edition opened in Paris. The fair, founded in 2015 by a group of independent galleries, plans to establish a lasting presence in Milan, with founder Nerina Ciaccia citing alignment with the fair's values and approach to the art market. The Milan edition is partly driven by Italy's recent reduction of VAT on art exchanges from 22% to 5%, making it more competitive than France's 5.5%. The fair has not yet secured a venue but intends to choose an architecturally historic location, continuing its nomadic tradition.

art collecting on a budget guide

The article reports that the ultra-contemporary art market has cooled, with high-end sales plummeting while works priced at $5,000 or less have grown. Art economist Clare McAndrew, author of the Art Basel & UBS Art Market Report 2025, notes that collectors are now buying art they genuinely like rather than for investment. The piece offers a practical guide for collecting on a $10,000 budget, featuring advice from gallerists, advisors, and collectors on finding affordable works.

What Portland’s First New York Art Gallery Means for the City

Portland art gallery ILY2 (“I Love You Too”) has opened a permanent outpost in New York City, marking the first time a Portland gallery has established a permanent space in the city. The new gallery, located between Chinatown and Tribeca, inaugurated its space with the second installment of the group show SOFT PINK HARD LINE, which originally started at ILY2’s Portland gallery in the Pearl District. The expansion was conceived by philanthropist Allie Furlotti, who founded ILY2 during the pandemic as a series of pop-up residencies to support local artists.