Frieze Art fair announced earlier this year that it is scheduled to open an American version during May of 2012 in Randall’s Island Park, New York.

Frieze Art Fair, founded in 2003, takes place every October in Regent’s Park, London. The Fair is one of the few that focuses only on contemporary art and living artist, it also presents a curated programme of talks, artists’ commissions and film projects, many of which are interactive or performative and encourage visitors to engage with art and artists directly.

The New York version of Frieze art fair will be similar to the prestigious London original, which takes place in a tent and features about 170 international contemporary art galleries.

Will this change the dynamics of New york’s Armory Show, which goes on during the month of March every year?