Art Market

30 David Hockneys were snatched up on Frieze New York’s opening day while collectors and dealers sweated in scorching heat.

Nate Freeman
May 3, 2018 2:25PM

Those attending the VIP preview of Frieze New York’s seventh edition did anything but, um, freeze. With the temperature outside approaching 90 degrees, those under the expansive tent on Randall’s Island talked endlessly about the heat. But that didn’t impede sales, which seemed steady though not sky high (perhaps dealers are saving the big ticket items for next month’s Art Basel in Basel, Switzerland). Still, sales abounded for works priced from the high five figures to the low six figures, and collectors sprang for work by brand-name artists offered at a more approachable price point.

Works by David Hockney at Pace Gallery were on offer for $26,000, and the gallery sold 30 of them on the first day.

Galerie Thaddaeus Ropac sold two works by Georg Baselitz that were both within the range of £500,000 to £700,000 (that’s $679,622 to $951,646 in the local currency).

At Paul Kasmin Gallery, a Barry Flanagan bronze work, Musical Hare on Crescent and Bell (1995), sold for $550,00 in the opening hours. The gallery also has some marvelous Tina Barney photographs—striking shots of figures such as Joan Didion, Carl Andre, and George Condo.

Lehmann Maupin sold two works by McArthur Binion, a 72-year-old Chicago-based artist who the gallery started representing in March after he made a splash at the 2017 Venice Biennale. Binion’s pieces were priced between $150,000 and $175,000. The gallery’s booth also attracted the attention of a major New York collector who bought Shirazeh Houshiary’s Cascade (2018) for a price in the range of £100,000 to £150,000 (or, $135,965 to $203,948).

Work by the Iranian-British Houshiary was a hit at the fair, with Lisson Gallery selling one of her works as well, for £360,000 (here, $489,463).

Jack Shainman sold a show-stopping new Hank Willis Thomas stainless steel sculpture called Larger Than Life, which featured a half-headless bust, arms outstretched, basketballs in each hand. The price tag was $135,000.

David Zwirner sold out all of its work by Josh Smith, with the large paintings going for $100,000 and the small works going for $15,000.

Matthew Marks had work at the booth that was as expensive as $300,000, and the gallery sold an Anne Truitt installation early in the fair.

Grimm Gallery sold Matthew Day Jackson’s Life for $150,000.

David Kordansky sold nearly all of the Torbjørn Rødland in its booth, priced between $14,000 and $28,000.

David Nolan Gallery sold three new works by Wardell Milan in the fair’s first hour for prices between $18,000 and 35,000, and a Jorinde Voigt work, The Scope (2017), for $80,000.

And this is just the start! Frieze New York runs until Sunday, May 6.

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Nate Freeman