Frieze New York Shines Spotlight on City’s Thriving Art Market
In May, New York’s art world sees a surge in fairs and auctions amid economic uncertainties in the US and ongoing tensions in Gaza. Interest rates rise, leading to cautious art lending and a slowdown in speculation, particularly for contemporary figurative artists. Abstraction, neo-Pop, and contemporary Minimalism dominate Frieze New York, with prominent collectors in attendance. Galleries focus on artists with museum exhibitions, attracting new buyers and high-profile collectors. Despite market softening, turnover remains steady, driven by New York collectors. Different art factions respond differently to economic challenges, with dealers eyeing upcoming auctions as a gauge of market health.
Source
Cillian O’Rourke, studied at the National College of Art and Design in Dublin, Ireland, where he majored in Visual Communication. His work spans graphic design, illustration, and branding, with a distinct minimalist style that emphasizes simplicity and impact. Cillian has collaborated with international brands and runs his own design studio focusing on creative solutions for startups.