Frieze New York is first among major trade fairs returns the money to the participants
ARTinvestment.RU   03 апреля 2020

The fair is cancelled due to the pandemic, temporarily "moving" online

After it became clear that the fair Frieze New York 2020, which was to be held from 7 to 10 may in the Park Randall-Айленд in new-Йорке will be canceled from-за the ongoing pandemic, the organizers of the fair announced that it will refund all participants their organizational costs. Thus, two hundred galleries-участницам missed art-ярмарки will return the money spent on the installation of stands, the rent of premises and other related expenses. According to information released in a letter addressed to the leadership of the fair galleries-участницам, payments will be made in two stages: part of the funds will be returned may 20, and part of — on June 20. For those galleries that agree to consider the opportunity to obtain part of the funds not in 2020, and in 2021, either in lieu of monetary compensation to receive a discount for participation in future projects Frieze, the management of the fair have provided some preferences.

at the same time it became known that the fair launches its online-платформу, which will showcase the work of the galleries-партнеров fair. "Online-пространство Frieze gives you the opportunity to see and buy works of art and new entrants, and experienced collectors, Museum professionals and laypersons, — said in an email to the organizers of the Frieze. — We hope that the reimbursement and run online-платформы Frieze will be able to maintain your business during this difficult time."

note that reimbursement galleries-участницам of money spent by the organizers cancelled art-ярмарок —, this is an isolated widely known such initiative. Follow the example of the Frieze and other fairs will be announced in the near future with the increase in the number of cancelled events.

the Material was prepared by Maria Kuznetsova, AI

Source: artnews.com