An overall success, the first annual Frieze Art Fair in New York wrapped up on Monday.
Held on Randall's Island in Manhattan, the fair featured 180 galleries from 30 countries, representing the crème de la crème of the contemporary art scene.
Despite the high admission fee, people turned out in large numbers to make the trek across the East River, and significant sales were reported at all levels.
There were several major standouts. Early on, Lisson Gallery sold a sculpture by up and coming young British artist, Haroon Mirza, for $40,000, and went on to sell a mirrored disk made of bronze created by sculpture by Anish Kapoor for $809,100.
Galerie Gisela Capitain sold an untitled work by German artist Martin Kippenberger for well over $1 million.
David Zwirner’s major sales included “Be” by American sculptor John McCracken, who passed away just over a year ago; the 2004 piece sold for $750,000, along with his “Untitled(Pink Block)” which sold for $200,000. Zwirner also sold two works, aluminum and plexiglass wall-mounted boxes, by Donald Judd to the tune of $500,000 each.
Sprüth Magers sold a work by Barbara Kruger, “Too Big to Fail,” for $200,000 dollars, as well as a recent painting by Jenny Holzer which sold for $175,000.
At the Hauser & Wirth stand, one of the dwarves, “Sleepy,” created by Paul McCarthy sold for $950,000.
Victoria Miro sold four “Infinity Net” works by Japanese Yayoi Kusama, whose recent Tate retrospective has brought fresh interest in her work, priced at $535,000 each.
Metro Pictures placed a Cindy Sherman photograph from 1977 for $950,000, as well as Robert Longo’s large, black-and-white drawing of a waving American flag sold for $425,000.
London's version of the Frieze Art Fair will be held October 11-14, 2012, in Regent's Park.