THIS WEEK'S HOT TOPIC

The fall is fully underway in the New York art world, and last week was a busy one.

Taryn Simon’s sprawling new show at the Guggenheim—featuring the biggest body of work ever to debut at the museum—was the subject of much conversation last week, both because of its polarized critical reception and buzzy opening. Online, TIME magazine’s inaugural TIME100 Art list also drove a lot of discourse.

But now we shift gears. New York’s premier fair, The Armory Show, used to open the week after Labor Day, marking the start of the fall season. But this year, it has been pushed down the calendar two weeks, now opening this Thursday, September 24. Ditto for the Independent 20th Century fair, set to kick off the same day.

The change has cast a different feel on September. There’s more space to see and enjoy what’s on rather than constantly running to what’s next.

The Armory Show will have a slightly different feel this year too. We’re particularly interested in the fair’s Presents and Solo sections, which focus on emerging galleries and single-artist exhibitions, respectively. Both sections will expand by 20% this year, signaling a bigger commitment to a fresh generation of voices. The art world desperately needs them.

3THINGS TO KNOW ABOUT THE ARMORY SHOW AND INDEPENDENT 20TH CENTURY

1

To the relief of many, this year’s September fair schedule in New York has been pushed later in the month from previous editions. In previous years, the immediate onset of gallery openings across the city, New York’s Fashion Week, and general back-to-school fervor has strayed attention from the two art fairs which took place right after Labor Day. Also, Frieze Seoul takes place during that first week of September, and many denizens of the art world perceive that the mega-galleries and their blue-chip cohorts have been absent in the Big Apple for these events. (Frieze owns the Armory Show as well.)

2

This edition of Independent 20th Century will be the first to take place at a new location: The Breuer Building at 945 Madison Avenue. People have known the building as the old Whitney Museum, the Met Breuer, and briefly The Frick—but since last year, we know it as Sotheby’s headquarters. With the added space, the fair has increased its exhibitor pool by 50%.

3

The Armory Show has also expanded, both with its roster of galleries (around 230 this year) and schedule. The new “Armory After Hours” feature will keep the doors of the Javits Center, where the fair is located, open from 7 pm–9 pm on Friday, September 25—no doubt an effort to bring in more foot traffic from young people and those keeping regular office hours.

A NUMBER TO KNOW

39

The number of sports cards reported to have sold for $1 million or more from January 1–September 1, 2026, per the trading card analytics firm Card Ladder. For comparison, only 29 such sales were logged by the platform across all 12 months of 2025.

How does the unprecedented momentum at the top of the sports card market compare to what’s happening in the art trade? On the one hand, living talent has been a major factor in driving the former to new heights, with at least six current athletes joining the $1 million card club since May 1, per Larry Holder of The Athletic. The art trade, by contrast, is largely tracking a K-shaped path whose upper reaches depend on works by deceased greats.

On the other hand, transactions at the top of the sports card market also run on pocket change relative to the summit of the art business. In total, 421 works of fine art were auctioned for $1 million or more from January 1–September 1, per ARTDAI.

A chasm also separates the prices paid for the top prize in each market during that time: $11 million for an autographed one-of-one Shohei Ohtani card, versus $181.2 million for Jackson Pollock’s Number 7A, 1948 at Christie’s New York in May.

So yes, money is pouring into the sports card market like never before. But the gaudy numbers at the apex of the art business also prove what every aspiring athlete knows: there’s always another level to climb to.

—Tim Schneider / The Gray Market

ASK: ACCESS SOPHISTICATED KNOWLEDGE

ASK: What effects, if any, will the new dates have on the Armory Show and Independent 20th Century? Do you expect smaller audiences or fewer sales?

Josh Baer for NoReserve: Everyone is relieved that the start of the fall art season in New York is later in September than in years past. Labor Day comes up fast; with everyone still in summer mode, it wasn't yet prime time.

There is no reason why sales would suffer, even if galleries have been open and presumably (we hope!) doing business separate from the event.

It's always been questionable if/how NYC needs art fairs. Maybe it’s more of a boon to non New York galleries than for locals.

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