Time to take stock

"Although Art Basel Miami Beach celebrates its tenth edition this year, it really should have been its 11th: the inaugural fair was cancelled after the 2001 terrorist attacks on the World Trade Center. “It was a tough decision, and we lost $6m, but it was the right thing to do,” says the fair’s former director Sam Keller, who instigated the adventure of transplanting a European art fair to Florida.

There were many doubts as to whether the fair would succeed. 'In the first few years, it was like a baby trying to figure out how to walk. It had an awkward beginning, even though the baby had really good genes,' says one New York collector."  [Read Full Article]

Published by:  The Art Newspaper
On:  12/03/11
Website:  http://www.theartnewspaper.com

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