The New Art Dealers Alliance announced today that it has decided to cancel the 2019 edition of its New York fair, which typically runs in March each year.
NADA said that it will instead focus on supporting gallery programming during the week the fair usually runs, when fairs like the Armory Show and Independent also set up shop around town.
The move comes as many small and medium-sized galleries have been closing, with some dealers reporting that the cost of attending fairs has been particularly difficult on their bottoms lines.
The decision to cancel the art fair, which was started in 2012, comes from both conversations with NADA members and a vote of its board of directors, the group said. Its Miami edition will still take place in early December during Art Basel Miami Beach.
Heather Hubbs, the executive director of NADA, said in a statement, “This gives NADA the time to develop and deploy new initiatives that will best serve our members as their needs continue to shift and evolve. Producing alternative models for the public to engage with contemporary art has always been central to NADA’s mission, and the combination of NADA Miami and directing focus towards the galleries and their exhibition programs will make for a more dynamic season.”