Peter Coffin, Andrew Kreps Gallery
A group of small new galleries started trading in young talent in the late nineties. Now that those early artists have found stardom, here are the places ushering in the next Marcel Dzamas and Elizabeth Peytons. Monica Khemsurov
1. Andrew Kreps Gallery (New York, pictured above)
A bastion of edginess, Andrew Kreps Gallery scored big this fall when one of its artists, Goshka Macuga, became a finalist for Britain's Turner prize. Damien Hirst won it in 1995, and you know what came after that.
525 West 22nd Street, New York, 212-741-8849
Agathe Snow, Maccarone. Photograph by Thomas Muller
2. Maccarone (New York)
Even before its prized artist Nate Lowman made headlines for dating an Olsen twin, Maccarone had a reputation for showing New York artists like the buzz-worthy Oscar Tuazon and the legendary Paul McCarthy.
630 Greenwich Street, New York, 212-431-4977
Dan Colen, Peres Projects
3. Peres Projects (L.A. and Berlin)
With spaces in Berlin and L.A., Peres Projects has been able to take the careers of Dan Colen, Terence Koh, and Dash Snow from zero to 60 in record time.
969 Chung King Road, Los Angeles, 213-617-1100, and 26 Schlesische Strasse, Berlin, 49-30-6162-6962
Lothar Hempel, Art:Concept
4. Art:Concept (Paris)
The pieces at Art:Concept are global, but they have a tongue-in-cheek sensibility that's distinctly French: bicycles drowning in bike locks, coconuts wrapped in Chanel scarves, glaringly fake copies of The Scream.
16 rue Duchefdelaville, Paris, 33-153-60-9030
HOW TO BUY FROM A GALLERY
Alexis Hubshman's scope Art Fair plays host to some of the most influential small galleries. Here, the founder shares his tips for doing business.
1. Shop strategically. The powerhouse events are in April, May, September, and October. If a gallery commits its space to a first-time solo show during those months, it's got high hopes for that artist.
2. Get to know your gallerist. Pick a place you like and ask to see the drawings on file to learn about the gallery's artists—it indicates you're serious. Then, once you're ready to buy, ask the dealer to tell you when a painting by that artist comes up.
3. Purchase what you love. Don't buy anything you wouldn't want to live with. The art market has given better returns in the last five years than any other market, period, but you never know.