Affordable Art in New York, Believe It or Not

Last Wednesday a line ran out the door of a midtown high-rise as crowds swarmed the opening night of the Affordable Art Fair. Now in it's 10th year, AAF has spread from its London beginnings to seven cities around the world, with New York as the only North American stop.

The 75 galleries represented at the fair proved that, for the most part, you don't have to spend a lot for great art -- which is good news for apartment renters who don't want to spend a lot on something that might not fit or match their next pad.

We grabbed director Judith Pineiro to find out about this year's trends in the lower-priced art market. Here's what she said...