It should be pointed out here that even if Dallas is “recession-proof,” its nearly 100-gallery art fair may not be the most objective indicator of the health of the global markets—it is just a small piece of a larger puzzle. The money spent here is dwarfed by a juggernaut like Art Basel in Hong Kong
, where some 240 galleries fill a sprawling convention center that plays host to an entire continent of collectors. At the upcoming auctions in New York, more than $1 billion worth of art will be up for grabs.
But it’s an attractive fair for those who have shored up connections with the state’s collector-lined hamlets, like Preston Hollow (home to Howard Rachofsky
and the up-and-coming collecting couple Joe and Kristen Cole
, not to mention Mark Cuban, T. Boone Pickens, and former U.S. president George W. Bush). Simon Lee Gallery
, which has outposts in New York, London, and Hong Kong, has done the fair many times before, and director James Shaeffer comes down to the city as many as four times per year—not unusual for dealers and advisors in New York and Los Angeles, both about a three-hour flight away. Accordingly, the gallery sold several works by
in the range of £12,000 to £42,000 ($15,700 to $54,900). Not only was the artist present in the booth for much of the fair, she has 13 tile works permanently installed at River Bend in the city’s Design District, an initiative spearheaded by fair chairman John Sughre, which plays host to 214 Projects, a permanent exhibition space
for the fair. Dallas Art Fair stalwarts Canada and Moran Moran staged a joint booth to show work by an artist they both represent,
, and sold paintings to collectors from Dallas and New York.