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Frieze New York will Open With 68 Galleries from 26 Countries, and Other News.

Frieze New York will open on May 13, 2026, at The Shed with 68 galleries from 26 countries, marking its 15th edition. The fair emphasizes Central and South American galleries, supported by new committee members Fátima González and Omayra Alvarado, alongside blue-chip exhibitors like Gagosian, Hauser & Wirth, and Pace. In other news, Phillips set a watch auction record with its $96.3 million Geneva sale, the Met Gala generated $1.56 billion in media value, and ICFF announced a November 2027 edition. Tiffany & Co. and the CFDA launched a new jewelry design scholarship.

Artists take a satirical look at the financial crisis in a new London show

Three emerging artists—Jenna Bliss, Buck Ellison, and Jasmine Gregory—present a multi-media exhibition titled 'Genuine Fake Premium Economy' at London’s Institute of Contemporary Arts (ICA). The show satirically examines the societal and economic fallout of the 2008 financial crisis, using works that critique capitalism, inheritance, and art-world stereotypes. Gregory repaints Patek Philippe ads to expose class structures, Bliss films a fictional art fair that blurs reality and fiction, and Ellison creates lightboxes for a fictional private bank, manipulating corporate language and philosophy.

This Watch Witnessed the Rise of the Empire State Building. Now It’s Up for Sale

A rare 1929 Patek Philippe wristwatch, originally owned by Paul Starrett—the chairman of the corporation behind the Empire State Building—is headed to auction at Phillips in New York. The Tiffany & Co. signed timepiece was purchased by Starrett during the construction of the iconic skyscraper and features unique floral engravings alongside his initials. It is expected to fetch between $15,000 and $30,000 during the June sale.

This ICA Exhibition Skewers Art’s Culture of Capitalism

The Institute of Contemporary Art (ICA) has opened a new exhibition titled "Genuine Fake Premium Economy," featuring works by artists Jenna Bliss, Buck Ellison, and Jasmine Gregory. Curated by Nicole Leong, the show critiques the culture of capitalism within the art world, using appropriation and mimicry to highlight contradictions and hypocrisies. The artists, all born in the mid-1980s in the United States, came of age professionally after the 2008 financial crisis, and their works incorporate advertising imagery, reality television, luxury brand aesthetics, and private wealth management vocabulary. Bliss's video works include a scripted reality TV episode set in an art fair booth before the crash, while Ellison has invented a fictional private bank called Orlo & Co., and Gregory reproduces Patek Philippe advertisements with the watches erased.