FIAC, autumn’s essential contemporary art fair, has been dethroned by Paris+. Art Basel’s new French outpost is electrifying the capital and boosting the Paris market’s influence.
Nathanaëlle Herbelin (b. 1989), La Conférence des oiseaux de Paris et de sa banlieue, 2018, oil on canvas, 62.99 x 70.86 cm. Galerie Jousse Entreprise.
COURTESY DE L’ARTISTE ET DE LA GALERIE JOUSSE ENTREPRISE, PARIS
Every year around October 20, all eyes are usually on the Foire internationale d’art contemporain (FIAC), but this autumn a new event is stealing the spotlight: “Paris+ by Art Basel”. The change resulted from a December 2021 call for tenders by the Réunion des musées nationaux, which manages the Grand Palais. To everyone's surprise, this was the first time the public establishment issued a tender for the slot always reserved for FIAC. Thus, the Paris fair, owned by RX France, a subsidiary of an Anglo-Dutch group, was replaced by Switzerland’s MCH , the parent company of the Art Basel fairs in Basel, Miami and Hong Kong. Under the terms of the seven-year deal, Paris+ will take place in the Grand Palais Éphémère while the Grand Palais undergoes a renovation and it will move into the illustrious restored showcase when the work is completed in 2024. The Paris Market Is Increasingly Attractive French dealers were stunned and deeply concerned by…
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