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On display at Pier 66 will be nine mini-galleries, each with about 500 square feet of space for massive installations of paintings and sculptures, as well as performance and new media art.

"We are definitely hoping that you'll see a number of artists here that over the course of their long careers do very well for themselves," said Fountain Art Fair Founder David Kesting.

It's the third year in New York for the exhibit.

"It's a really interesting concept and that's kind of what Fountain's about," said artist Greg Haberny, who uses everything from jelly beans to baked goods in his work. "It's really bringing the new artists and just kind of taking them to a different level, kind of giving us freedom to do as we want to do. So it's pretty cool."

Brooklyn artist Victor Cox is excited about the thousands expected who will get to check out his work.

"I just want people to see it," he said. "You know, whether they like it or not it's no big deal to me, this is what I do, you know, and this is what comes out of my head."

Artists and gallery owners are hoping this unique location will help attract people, hopefully who want to buy some art, despite the tough economy.

"I'm hoping more than anything that [the current economy] won't have that much of an impact," said Haberny. "I'm just going to stay positive and hopeful, and that's it."

"It's just so different than your typical fair, where you have the white walls and the little cubicles," said gallery owner Melissa McCaig-Wells. "There is just so much energy and excitement."

The exhibit is open from 11 a.m. until 7 p.m. tomorrow, Saturday, and Sunday. Admission is $5.

Pier 66 is located on the Hudson River at 26th Street.

For more information, go to FountainExhibit.com.