05/12/2010 05:12 am ET Updated May 25, 2011

Armory Art Show Attracts Record Crowd

In a burst of positive news for the art market, New York's two biggest arts fairs, which closed on Sunday, both had a record number of visitors and major sales.

The Armory Show, which ran from March 3 through March 7 at the piers at Twelfth Avenue and West 55th Street, attracted more than 60,000 visitors, up 7% from last year and the most ever in its 12-year history.

Read more on Crain's New York Business