The 2018 edition of Art Basel Miami Beach drew an attendance of 83,000, show organizers said yesterday.
That figure surpassed last year’s attendance of 82,000, said to be a record.
Art Basel took place in the Miami Beach Convention Center, which just completed a renovation. The city spent $620 million to modernize the facility, financed with bonds funded by property and hotel taxes.
Sales were “surprisingly swift.” The most expensive sale at the fair was a portrait by Pablo Picasso, according to Artnet. Picasso’s Tete de Femme (1971) sold for $17 million in the first hours of the show.