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nada new york independent art fairs sales report 1234741712

Two major New York art fairs—NADA New York and Independent—opened this week alongside Frieze and TEFAF, marking a crowded spring fair season. Despite a recent market downturn, both fairs reported strong attendance and early sales. NADA's executive director Heather Hubbs noted high-quality visitors and positive feedback on the new venue, while Independent founder Elizabeth Dee cited a 20% increase in opening-day attendance and robust buying from collectors and institutions. Sales ranged from lower-priced works under $50,000 to six-figure transactions, with galleries like Vielmetter Los Angeles, Andréhn-Schiptjenko, and Fleisher/Ollman Gallery reporting significant sales.

15 Art Shows to See in NYC This May

Hyperallergic's May 2025 guide to New York City art shows highlights 15 exhibitions, including a survey of Hawaiian Japanese-American artists from the Metcalf Chateau group at Ryan Lee Gallery, a retrospective of Malian photographer Seydou Keïta at the Brooklyn Museum, and Renée Green's multimedia project 'Secret' at Bortolami Gallery. The article also features Lynette Yiadom-Boakye's quietude-focused works, a meditation on grief and death, and a document of a city devastated by the AIDS crisis through portraits of inanimate objects, among other shows.

Independent art fair adjusts as market slows

The Independent art fair in New York, running until 11 May, features 85 exhibitors—its largest edition yet—with 26 solo debuts. Amid a slowing art market, galleries are adjusting pricing strategies, with a notable increase in works priced between $10,000 and $20,000, which now account for about one-third of offerings. Several galleries reported strong sales during the VIP preview, including Long Story Short selling six works by Keita Morimoto and Ricco Maresca Gallery selling out its vintage board game collection for a six-figure sum. Co-founder Elizabeth Dee noted that VIP registrations were up 30% year-over-year, and dealers like Charles Moffett deliberately chose established artists to match collector comfort levels.