The New Art Dealers Alliance (NADA) has announced the exhibitor list for its 12th New York edition, featuring over 110 galleries from around the globe. Scheduled for May 13–17, 2026, the fair returns to the Starrett-Lehigh Building in West Chelsea, showcasing a mix of 45 NADA members and 51 first-time participants. Highlights include the TD Bank Curated Spotlight, which will be organized by Anthony Elms, the artistic director of the Mattress Factory.
The article reflects on the art market's turbulent 2025, marked by gallery closures, weak auction results, and canceled art fairs. Rather than viewing this as a collapse, the author argues it represents a necessary "right-sizing" of an industry that over-expanded during boom years. Key figures like Philip Hoffman of the Fine Art Group advocate for leaner, more agile business models, such as his new advisory firm New Perspectives Art Partners. Meanwhile, dealers in New York and Los Angeles are adapting through shared exhibition spaces and strategic mergers, including Marian Goodman Gallery hosting Jenkins Johnson Gallery and the formation of Hoffman Donahue.