Entertainment · Books & Arts · 2 hrs ago
Art Basel Will Stay in Miami Beach Through 2031 After Rent Cut
Art Basel’s fair will remain in Miami Beach through 2031.
The decision follows 18 months of negotiations between the fair and the city.
Art Basel had warned it might move to Nevada, including Las Vegas.
Miami Beach agreed to cut the fair’s rent, according to one account of the deal.
The agreement means the fair will continue in its current location for several more years.
The fair is set to stay through 2031, with no further steps described.
The Art Basel fair will remain in Miami Beach through 2031.
The decision followed 18 months of negotiations.
Art Basel had warned that it might relocate to Nevada.
An Artnet News headline said Art Basel won a rent cut after threatening to move to Las Vegas.
- Who
- The Art Basel fair.
- What
- It will remain in Miami Beach through 2031.
- When
- Through 2031.
- Where
- Miami Beach, Florida.
- Why
- The decision followed 18 months of negotiations and warnings that the fair might relocate to Nevada.
This story does not have two clearly opposing sides.
Art Basel warned that it might relocate to Nevada.
Art Basel had decided to remain in Miami Beach through 2031.
- Fair
- Art Basel
- Location
- Miami Beach
- Agreement period
- Through 2031
- Negotiations
- 18 months