Art Fairs

‘It Isn’t Working Anymore’: Dealers at Frieze New York Reckon With the Thorny State of the Art Market

Inside Josh Lilley Gallery’s stand at Frieze New York, a painting barely larger than an album cover hangs on an otherwise empty white wall. The work, by the 30-year-old Berlin-based artist Tom Anholt, sold to the first client who walked into the booth during the fair’s VIP preview for $6,000. That’s $2,000 less than it cost the gallery to rent the wall … +