Preparing For Art Basel 2023 Posted on November 8, 2023 by Sarah Elles Boggs The time is almost upon us. Now that spooky season has wrapped, the biggest unofficial Miami Holiday is drawing near. Art Basel 2023 will kick off December 8-10, with preview days on December 6-7. The Exhibitors In order to prepare for the festivities, a list of 277 galleries has been released. These are exhibitors who are invited to participate in the main gallery area of the Miami Beach Convention Center. There are additional exhibitions of Art Miami, Spectrum Miami, Red Dot Miami and others that are offshoots of the main fair. Spectrum Miami and Red Dot Miami are expected to take up residency in Mana Wynwood again this year, and this typically coincides with a birthday bash for developer and Miami activist, Moishe Mana. There are no changes expected to this yearly soiree. In the main exhibition hall at the Miami Beach Convention Center, the artists will focus on Latin American and Caribbean diasporic scenes with galleries from Egypt, Iceland, Philippines and Poland. Megagalleries David Zwirner, Gagosian, Hauser & Wirth, and Pace are all returning to the main section, where three of the twenty-four galleries participating in the exhibition for the first time will debut. These are the Paris-based Galerie Minsky, New York’s Ortuzar Projects, and San Francisco’s Weinstein Gallery. “Our offering this year demonstrates yet again the strength of our show as an engine of the world of art in the Americas and globally, and as an utterly transformative cross-cultural experience—made possible by our premier exhibitors, our world-renowned cultural partners and collaborators in Miami Beach and South Florida, and our exceptional team,” Art Basel CEO Noah Horowitz said in a statement. Art Basel Miami Beach DIrector Bridget Finn | Image Credit: Nick Hagen A New Director In other large news for the premiere art week in Miami, Art Basel has tapped a new director with Bridget Finn. She hails from Detroit, where she is a partner in her gallery ‘Reyes’. Before starting her gallery, Ms Finn led the contemporary art program at Mitchell-Innes & Nash in New York and working with Anton Kern Gallery in various roles. Prior to this, she was the director of strategic planning and projects at Independent Curators International, helped to found collaborative curatorial project space called Cleopatra’s in New York and expanded it to Berlin. She is immensely qualified to bring Art Basel to a new era. “We are thrilled with Bridget’s appointment and could not have found a better fit to lead our Miami Beach fair,” said Art Basel CEO Noah Horowitz in a statement. “She is deeply committed to Art Basel’s mission and strategic direction, and to our contributions in shaping and promoting the health and vibrancy of the artworld ecosystem and local art scenes in Miami Beach and beyond. She has vision, ambition, and the requisite skillset in spades to drive forward our team and our many new and longtime partners in Miami Beach. I am immensely proud to welcome her to the Art Basel family.” We are so grateful to have Bridget on board. She will be present this year as she becomes comfortable with the ontaking, and next year will hold the reins. It is very exciting indeed. As the launch date draws nearer, we will share additional details for VIP events and showrooms, surely including the Douglas Elliman gallery with a collection of bespoke condos and homes that are a perfect spot to display the works of art you find at Art Basel. For this year’s fair, here is a list of the exhibitors that are invited to the main hall. 303 Gallery 47 Canal A Gentil Carioca Miguel Abreu Gallery Acquavella Galleries Almeida e Dale Galeria de Arte Altman Siegel Antenna Space Galeria Raquel Arnaud Alfonso Artiaco Balice Hertling Barro Nicelle Beauchene Gallery galería elba benítez Ruth Benzacar Galeria de Arte Berggruen Gallery Blum & Poe Peter Blum Gallery Marianne Boesky Gallery Tanya Bonakdar Gallery Bortolami Luciana Brito Galeria Ben Brown Fine Arts Galerie Buchholz Canada Cardi Gallery Carlos/Ishikawa Casa Triângulo Casas Riegner David Castillo Chapter NY Cheim & Read Clearing James Cohan Gallery Sadie Coles HQ Commonwealth and Council Company Gallery Galleria Continua Paula Cooper Gallery Corbett vs. Dempsey Pilar Corrias Galerie Crèvecœur Cristea Roberts Gallery Galerie Chantal Crousel DAN Galeria DC Moore Gallery Tibor de Nagy MASSIMODECARLO Jeffrey Deitch Anat Ebgi Andrew Edlin Gallery galerie frank elbaz Derek Eller Gallery Thomas Erben Gallery Larkin Erdmann Gallery Eric Firestone Gallery Konrad Fischer Galerie Fitzpatrick Gallery Peter Freeman, Inc. Stephen Friedman Gallery Frith Street Gallery James Fuentes Gaga Gagosian Galerie Christophe Gaillard Galerie 1900-2000 Gavlak Gemini G.E.L. François Ghebaly Gladstone Gallery Gomide & Co Galería Elvira González Goodman Gallery Marian Goodman Gallery Galerie Bärbel Grässlin Gray Garth Greenan Gallery Greene Naftali Galerie Karsten Greve Cristina Guerra Contemporary Art Hales Gallery Hauser & Wirth Galerie Max Hetzler High Art Hirschl & Adler Modern Rhona Hoffman Gallery Edwynn Houk Gallery Pippy Houldsworth Gallery Xavier Hufkens Gallery Hyundai i8 Gallery Ingleby Gallery rodolphe janssen Jenkins Johnson Gallery Annely Juda Fine Art Kalfayan Galleries Casey Kaplan Karma Kasmin kaufmann repetto Sean Kelly Kerlin Gallery Anton Kern Gallery Galerie Peter Kilchmann Tina Kim Gallery Kohn Gallery David Kordansky Gallery Andrew Kreps Gallery KRINZINGER Kukje Gallery kurimanzutto Labor Lehmann Maupin Tanya Leighton Galerie Lelong & Co. Lévy Gorvy Dayan David Lewis Josh Lilley Lisson Gallery Luhring Augustine Mai 36 Galerie Maisterravalbuena Jorge Mara – La Ruche Matthew Marks Gallery Philip Martin Gallery Barbara Mathes Gallery Mayoral Mazzoleni Anthony Meier Mendes Wood DM Mennour Meyer Riegger Mignoni Millan Galerie Minsky Victoria Miro Mitchell-Innes & Nash Mnuchin Gallery The Modern Institute moniquemeloche mor charpentier Morán Morán Galerie nächst St. Stephan Galerie Nagel Draxler Edward Tyler Nahem Helly Nahmad Gallery Nanzuka neugerriemschneider Nicodim Gallery Night Gallery Carolina Nitsch Galleria Franco Noero David Nolan Gallery Galerie Nordenhake Galerie Nathalie Obadia OMR Galleria Lorcan O’Neill Roma Ortuzar Projects P.P.O.W Pace Gallery Pace Prints Paragon Parrasch Heijnen Gallery Franklin Parrasch Gallery Patron Peres Projects Perrotin Petzel Polígrafa Obra Gràfica Galerie Eva Presenhuber Proyectos Monclova Almine Rech Regen Projects Roberts Projects Nara Roesler Thaddaeus Ropac Michael Rosenfeld Gallery Lia Rumma SCAI The Bathhouse Esther Schipper Schoelkopf Gallery Galerie Thomas Schulte Marc Selwyn Fine Art Jack Shainman Gallery Susan Sheehan Gallery Sicardi Ayers Bacino Sies + Höke Sikkema Jenkins & Co. Jessica Silverman Simões de Assis Skarstedt Fredric Snitzer Gallery Société Sperone Westwater Sprüth Magers Galleria Christian Stein STPI Galeria Luisa Strina Simone Subal Gallery Galería Sur Timothy Taylor Templon Galerie Barbara Thumm Tornabuoni Art Travesía Cuatro Two Palms ULAE Van de Weghe Van Doren Waxter Nicola Vassell Vedovi Gallery Venus Over Manhattan Vermelho Vielmetter Los Angeles Waddington Custot Galleri Nicolai Wallner Weinstein Gallery Wentrup Michael Werner Gallery White Cube Yares Art David Zwirner SURVEY 1 Mira Madrid Piero Atchugarry Gallery Bank Freight+Volume Klaus Von Nichtssagend Gallery Paulo Kuczynski Elizabeth Leach Gallery Magenta Plains Polka Galerie Galeria Marilia Razuk Rolf Art Meredith Rosen Ryan Lee Vito Schnabel Stars Louis Stern Fine Arts Duane Thomas Gallery NOVA Afriart Gallery Arcadia Missa Edel Assanti 80m2 Livia Benavides Central Fine Château Shatto Luis De Jesus Los Angeles Document Emalin Daniel Faria Gallery Galería Agustina Ferreyra Gypsum Gallery Instituto de visión Charlie James Gallery Lyles & King mother’s tankstation limited Project Native Informant Rele Gallery Silverlens Soft Opening The Ranch Welancora Gallery POSITIONS 56 Henry Helena Anrather Bradley Ertaskiran Matthew Brown Deli Gallery Galatea Isla Flotante Llano Lomex Mrs. Kendra Jayne Patrick Pequod Co. Proyectos Ultravioleta Galeria Dawid Radziszewski Residency Art Gallery Spinello Projects Image Credit: Art Basel
Art Basel 2022 – Despite Crypto Uncertainty, Art Sales Rise. What This Means For Miami Real Estate Posted on December 1, 2022December 1, 2022 by Sarah Elles Boggs It hasn’t even been a month since the shocking collapse of FTX rocked an already struggling crypto market and here we are at Art Basel Miami Beach 2022. At Miami’s 2021 art fair, the crypto-bros used their newfound wealth and dreamy-eyed insights for the future to turn up the party wattage to the highest decibel in Miami, an already debaucherous party city on the most excessive week of all of the weeks. “Out of the blue, all these kids from crypto started coming down and spending a lot of money,” Andrea Vimercati, director of food and beverage at Moxy Hotel group and former director of Groot Hospitality, told the Financial Times. Groot Hospitality operates Liv, Story, and Swan, three major Miami hotspots. “Like, an insane amount of money.” There were no limits to the excess with cases of the most expensive champagne being delivered to nightclub tables reserved for $50,000 per night. It was so excessive, entire condo developments were sold out with crypto. People were flashing their crypto wallets, as though it was any less cringe-worthy than showing off your bank account. They’re now gone. With Bitcoin hanging around $57,000 in late 2021, the money was there to throw around and play with. As we inched closer to the unrestricted party that is Art Basel 2022, Bitcoin had sunk to around $17,000. And then, to add insult to injury, FTX suddenly imploded just two weeks before the annual art fair. Yikes. Everyone involved asked similar questions. What does this mean for crypto? What does this mean for Art Basel sales? What does this mean for the service and hospitality industry that rolls out the unrivaled excess? And of course, what happens to the real estate boom that crypto helped to usher into our vibrant and cultural city? What is happening to the nightlife and service industry? Miami’s vibrant nightlife scene is certainly taking a hit in 2022 thanks to the crypto-crash. “They were ordering 12 or 24 bottles of the most expensive champagne and just showering themselves without even drinking,” Andrea Vimercati, the director of food and beverage at Moxy Hotel group, told the Financial Times. “[The crypto entrepreneurs] wanted to show that they didn’t have any limits.” Of course it is still Art Basel so the table spends are still astronomical, just dialed down a bit from 2021. It could be that the young, nouveau riche entrepreneurs have matured, or perhaps they are spooked by the FTX collapse and rocky year for crypto. Whatever it is, the crypto wallets are closed. What is happening with art sales at Art Basel 2022? While the sponsored yacht parties, NFT stunts, Web3 conferences and metaverse ragers are not as unlimited as they were in 2021, the art sales themselves seem to be back into the forefront of the fair, giving many involved a sign of relief. “It’s the post-FTX world,” says New York dealer David Lewis in his booth on the fair’s opening day, referring to the collapse of the crypto exchange founded by Sam Bankman-Fried. “The art world has always been really wary of the crypto world,” a wariness, he says, that appears to have been justified. “I think there’s a lot of comfort in the fact that a lot of the ways of doing things that have been going on for years or decades—or if you think of painting, centuries—are back in the lead.” As tensions mounted, the doors to Art Basel Miami Beach opened to VIP collectors on Tuesday and Wednesday, gallerists were relieved to find sales opening at a steady clip. Collectors from South America, Europe and New York browsed collections with heavy textures and layers, and more traditional forms than the digital pieces that have been more popular in recent years. Pharrell Williams, an Art Basel staple, had his eye on a $100,000 piece made of clay. In addition to the more tangible pieces, works from iconic artists such as Andy Warhol have also flown from galleries. Floyd Mayweather picked up a total of 10-12 pieces during the VIP portion of Basel. Four of these pieces were by Andy Warhol, and he also grabbed a statue of a fist of burning money. Because he can. The total of his sales climbed north of $3 million before the doors were even open to the public. “We pre-sold a lot, so the first hour or two is people seeing the pieces,” says Malik Al-Mahrouky, a sales director at Kurimanzutto, a gallery with locations in New York and Mexico City. Its pre-sales included, he says, a painting by Gabriel Orozco priced around $500,000 and two paintings by Roberto Gil de Montes, which sold for roughly $85,000 and $35,000. While English was far and away the dominant language heard in the fair’s aisles, Al-Mahrouky says he is surprised by the number of serious foreign collectors. “There are lots of Europeans this time around,” he says. “Last year there weren’t nearly as many.” What this tells us with regard to the real estate market… Using clues we have pulled from the crypto market, hospitality spending, art sales and the overall economy trends, it seems there will certainly be a shift to the Miami real estate market, but that is not necessarily bad news. What I believe we will experience is a leveling out. Transactions will continue to happen, particularly in the luxury sector. Traditional buyers will be able to compete for properties vs the crypto buyers. The properties that sell will be less flashy and trendy, making way for a more refined space. Miami is and will always be a desirable location for vacation buyers due to the factors we enjoy even after Art Basel has packed up and headed out. There is amazing culture, a rich culinary scene, never-ending entertainment and nightlife options, and plenty of career opportunities paired with a lack of state income taxes makes us the perfect combination for almost any resident. There really is something for everyone in Miami, and we are excited to cover each highlight in its own blog post. As we move forward through the rate hikes, inflation and crypto collapse that we experienced in 2022, we expect the market to slow, but only to a more healthy level. Sellers should feel confident that their listings will not languish on the market and buyers should feel confident with their ability to compete for the home or investment they really love. If you are interested in speaking more specifically about a neighborhood, project or listing, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
An Art Basel Unveiling Of The Most Exclusive Miami Condos – The Residences at 6 Fisher Island Drive Posted on November 30, 2022December 2, 2022 by Sarah Elles Boggs Just as Art Basel Miami Beach has exclusive VIP parties as well as ultra-exclusive VIP parties, developers in Miami Beach build both exclusive luxury condos as well as the most exclusive luxury condos ever. The latter brings us to The Residences at 6 Fisher Island Drive, where you have to be invited to even consider purchasing. Up until the fall of 2022, just one development site remained on Fisher Island, one of the most exclusive and expensive neighborhoods in the United States, routinely landing on the Forbes list of most expensive zip codes in the country. It is located on a chic private island just South of Miami Beach and is accessible by helicopter, boat or ferry only. There is a stand-alone school, store, restaurants and their own police and fire/rescue forces. Parcel 6, as the location is known on the island, was then purchased by Related Group in partnership with Teddy Sagi, BH Group and Wanxiang America RE Group. The team will be bringing to fruition the most exclusive residential development in the United States, much less on the island itself. The expansive 6.5-acre waterfront site is located on the North side of the island, offering captivating views of Miami Beach, South of Fifth, the daily parade of cruise ships departing and returning to their terminals, and of course the Biscayne Bay and Atlantic Ocean. When completed in 2026, it will be the most exclusive, refined and coveted developments in Miami’s history. Fisher Island Golf Course Inside The Residences at 6 Fisher Island Drive The development team has chosen Miami’s Kobi Karp to spearhead the design of the structure, partnering with London-based Tara Bernerd and Partners to deliver the finishes. In the end, The Residences at 6 Fisher have been designed in a way to maximize the views for each apartment, reflective of the tastes of the ultimate buyers. Each terrace is situated to maximize both the view as well as the privacy. Inside the residences themselves, the estate-style homes range from three to eight bedrooms and 3,800 to nearly 16,000 square feet. Six Fisher Island Residences will consist of only 50 homes in a 10-story structure with 55,000 square feet of five-star, resident-only amenities and a broad spectrum of estate-level services. Buyers who are being invited to consider the project are all ultra-high-net-worth buyers, who would appreciate the level of security, privacy and luxury so close to the action of Miami and Miami Beach. Prices for the residences start at $15.5 million, and in celebration of Art Basel 2022, the developers have presented the crown jewel penthouse. The 16,000 square foot penthouse has been presented for $90 million, or a record-breaking $5,600 per foot. According to the developer they have already met with 20 families, most of whom would pay cash. Douglas Elliman is the exclusive broker for Six Fisher. If you are interested in an invitation to consider this project, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
Art Basel Miami Beach 2022: All The Details Of The Luxe Douglas Elliman Collector’s Lounge Posted on November 29, 2022November 30, 2022 by Sarah Elles Boggs For the 9th consecutive year, Douglas Elliman Development Marketing is proud to serve as a partner at Art Basel Miami Beach. To commemorate the honor, the Douglas Elliman Collector’s Lounge will spotlight a curated collection of luxury developments from across the nation, along with compelling digital art from cutting edge artists from around the world. “It is our privilege to return to Art Basel Miami Beach to showcase our nationwide portfolio of luxury developments,” said Susan de França, President and CEO of Douglas Elliman Development Marketing. “Designed by such renowned architects and designers as Jean Nouvel, Rafael Viñoly, and Tara Bernerd many of the developments in our global portfolio are themselves works of art, offering the perfect homes for our discerning clientele and their coveted art collections.” The properties being showcased for the 2022 fair are located in New York, California, Texas, and of course, South Florida, in the Douglas Elliman Collector’s Lounge. The lounge is reserved for Art Basel Miami Beach’s VIP guests and is furnished by B&B Italia, the internationally renowned luxury furniture designer founded in Novedrate, Italy in 1966. Keeping with the theme unveiled in the ninth annual Art Issue of Elliman Magazine, the Collector’s Lounge will explore the theme “A Window into the World of New.” An arch-window-shaped LED portal will display dynamic video art with the visionary Dan Mikesell of Blackdove. There will be a vast, growing collection of cutting edge works by artists from around the globe, all on a new digital platform. “We understand that like art, real estate can reinforce our unique sense of identity and make our day-to-day environment exceptional,” said Scott Durkin, CEO of Douglas Elliman Realty. “Elliman Magazine has become a must-read among our agents and our clients, and this issue, alongside Art Basel, is the perfect showcase for our stunning properties in each of our regions, interesting market analyses and great lifestyle content.” If you are interested in a visit to the VIP Collector’s Lounge to view any of the projects, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
Art Basel Week 2022 Is Here! Art Basel Week 2022 Is Here! Posted on November 28, 2022November 30, 2022 by Sarah Elles Boggs It’s here at last! Art Basel Miami Beach 2022 is upon us, changing our usual exciting city into the mecca of fashionability and excess. For the newbies, this is an EXTREMELY big week in Miami taking place from December 1-3, 2022. The world’s jet-set art collectors swarm the city with their chic taste in art, deep pockets and love of the most VIP parties jam-packed with celebs. There are plenty of headline-grabbing opportunities, record breaking sales, PR stunts from conceptual artists that can be comical or awe-inspiring. The fair takes place the first week of December each year, with the main exhibition hall being at the Miami Beach Convention Center. Blue-chip galleries from all over the world are represented here and we expect to see many NFT’s. Over 60,000 guests took in the thought-provoking pieces before being whisked off to lavish VIP events. In addition, Art Basel is the most profitable event for bringing revenue and visitors to the City of Miami Beach and Miami. The only other occasion that comes remotely close is the new Miami Race Week, which brought $350 million to the city in 2022. Douglas Elliman’s Feature For Art Basel Miami Beach 2022 Always embracing the city’s culture, Douglas Elliman consistently takes part in these special weeks, and this year will be no exception. The Winter 2023 issue of Elliman Magazine is filled with thoughtful projections of what to expect at the international fair. It is anticipated that the art this year will feature plenty of social and political art (as is the world around us), as well as novelty and plenty of the unexpected. Also included in the issue is a sneak-peek at the luxe Douglas Elliman Portfolio, which consists of South Floridas’s most opulent homes available. New developments from Miami to Palm Beach are also featured, so that you may be inspired to remain in the area permanently. Some of the features include Five Park Miami Beach, which is currently under construction with expected delivery in 2025. Conveniently located along Alton Road and 5th Avenue, this development is an art installment in and of its own. Residents enjoy a brilliantly-lit covered pedestrian bridge, allowing access from the development to South of Fifth in order to enjoy the beach, staples like Joe’s Stone Crab and enjoying the sunset from the deck at Smith and Wollensky’s on South Pointe. The bridge was designed by Daniel Buren. Renderings of Five Park Miami Beach View the issue to see other interesting properties for whatever you are looking for. Here at The Light Group, we also embrace our city’s thriving culture. To commemorate the festival, we will be bringing a series of posts to prepare you for the jaunt, so stay tuned. If you are interested in a private tour of any of the properties featured in Elliman Insider, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Enjoy the extravaganza!