December 7, 2011 (MIAMI, FL) – From the moment Art Miami (www.art-miami.com) opened with the VIP Private Preview on November 29th, high-profile collectors flooded the aisles to experience the greatly anticipated fair. This trend continued for six days with record-breaking sales, attendance, and a multitude of events from the fair’s premier sponsors. Art Miami, Miami’s longest running contemporary art fair and anchor fair to the City of Miami, concluded its 22nd edition reporting 55,000 collectors, museum professionals, curators, artists, celebrities, interior designers and art enthusiasts over the course of the week. Distinguished for its quality, depth and diversity, Art Miami presented an incredible showcase of renownedmodern and contemporary art from the 20th and 21st centuries.
The 22nd edition of Art Miami took place from November 29 – December 4 in a state-of-the-art 125,000 square foot pavilion in Midtown Miami’s burgeoning Wynwood Arts District. The fair featured modern and contemporary paintings, drawings, sculpture, photography and prints from Europe, Asia, Latin America, India, the Middle East and the United States from 110 galleries in 18 countries, showcasing 1,000 artists from 60 countries around the world. There were 400 artists represented from nearly 100 cities in theUnited States. This year, Art Miami featured a number of compelling additions including: famed interior designer Juan Montoya’s design for the Mandarin Oriental, Miami’s VIP Lounge; Julia Draganovic’s curated projects including Persol’s Art Video | New Media Lounge showcasing “ZOOOM! Decoding Common Practice;” and a thought-provoking collection of artwork in the indoor/outdoor sculpture exhibition.
“We are extremely pleased with sales and attendance this year at Art Miami,” said Nick Korniloff, Director of Art Miami. “We attribute the phenomenal success of this year’s fair to the superb quality of works from blue-chip, mid-career and emerging artists. Art Miami 2011 demonstrated that high-profile international collectors continue to attend our fair to acquire art. We have heard from many galleries that 2011 was a banner year for them, and they are already looking forward to participating in Art Miami 2012.”
Throughout the fair exhibitors reported on the enthusiasm and outstanding reception of the fair by attendees. Hollis Taggart, owner of Hollis Taggart Galleries, stated, “This show has been well attended and has had a very strong energy throughout. Sales have been strong and the contacts madethis year exceed any previous show. Many people commented that the Art Miami show was ‘user friendly and more open and spread out than the Art Basel, Miami fair – you can actually buy things here.’ Well-organized and managed by Nick Korniloff, the Art Miami show has grown and evolved into one of the truly elite art fairs in America.”
Michael Schultz, owner of Galerie Michael Schultz stated, “In the past I have experienced many art fairs in America (Los Angeles, San Francisco, Chicago, New York and Art Basel Miami) but above all, Art Miami is the most American and authentic fair to me. I have been watching the fair over the past four years as a visitor and recognized that the variety and the quality have always improved. Now, I take part myself with my gallery and I do not regret anything at all. Nowhere else in the world, you can find such professional and interested people as here at Art Miami."
William Shearburn, owner of William Shearburn Gallery stated, “Nick Korniloff has done an amazing job at re-branding this fair over the past three years—all of that effort is showing this year. The look is elegant, clean and sophisticated. Yesterday, when I was meeting with the Los Angeles County Museum of Art, they told me ‘your show looks amazing, and the buzz on the beach is to get over to Art Miami.’”
Vincent Vallarino, owner of Vincent Vallarino Fine Art stated, “We saw very good people, important collectors we’ve known from the past, and new collectors that are quite knowledgeable. The attendance throughout the fair was very good and the aura of the fair was completely energized.” McCormick Gallery/Vincent Vallarino Fine Art, has exhibited at Art Miami for several years, and sold a record of eight abstract expressionist paintings from important artists from the 1950s in four days.
James Barron, owner of James Barron Art stated, “We had a great Opening Night of the Fair. We sold several important works within the first 5 minutes to major American collectors. On our first full day (Wednesday), we had reserves and sold several paintings with museum trustees and collector committees. With the stock market being shaky, people are investing their funds in superb quality works at the right prices, and that is what we are exhibiting.”
SALES HIGHLIGHTS FOR 2011 INCLUDED:
· Galerie Michael Schultz sold Gerhard Richter’s painting “Abstraktes Bild” for $1.6 million
· Osborne Samuel sold Lynn Chadwick’s sculpture “Stairs” for more than $1.5 million
· Galerie Terminus sold Keith Haring’s “T.c.” (Dog) for $1.2 million, Tony Cragg’s “Mental Landscape” for $500,000, Guenther Uecker’s newly created nail on wood piece for $480,000
· Galerie Forsblom sold Keith Haring’s painted aluminum sculpture, “Untitled” (Self Portrait, 1989) to a private collector for $850,000, Jason Martin’s painting “Kreyòl” for $135,000
· Galleri Andersson/Sandstrom sold Tony Cragg’s stainless steel sculpture “Points of View” for $390,000
· Galerie von Braunbehrens sold several works from artists Daniel Cherbuin and Marck totaling $461,500
· Bridgette Mayer Gallery sold Kenneth Noland’s painting titled "Blue Painted Blue" (1959) for $350,000
· William Shearburn Gallery sold Jules Olitski’s painting “Prince Yellow” for approximately $350,000
· LewAllen Galleries sold Milton Avery’s “Leo Lerman in Mitzi Solomon’s Studio” (1948) for $325,000
· Rosenbaum Contemporary sold Robert Indiana’s sculpture for approximately $325,000
For more information on Art Miami please visit www.art-miami.com