Art Basel Brings in the Money

Massive Miami event is painting the town green

Art isn't the only thing being talked about at Art Basel, money happens to be on the minds of many at the Miami event.

“I eat, I drink and I go to all the collections that exist that are here in Miami,” said Marisa Sage.

Marisa is here this week in South Florida, doing just what workers here want. She's spending money.

The art dealer from Brooklyn looking for new talent for her gallery and in the process making cab drivers, restaurant, retail, and hotel workers delighted.

Yes, Art Basel has the heartbeat of the art world in Miami this week and don't worry if you wouldn't know a Picasso if it fell in front of you. One thing everyone knows is money and these artsy types bring it -- in bundles. Bringing in more cash now than the Superbowl.

"It’s not just the people that are coming, it resorts tax revenues and people writing stories about it,” said Rolando Aedo from the Convention and Visitors Bureau.

"Miami has very much established itself as the Olympics of the art world,” said Molly White from SCOPE Art.

There'll be 40,000 folks here this week, with hotel occupancy rates at 90 percent.

And the Basel is a way to attract visitors to tourist spots, like our Indian reservations.

"So these days when you think Superbowl, think more than the national football league, think money--and Art Basel will paint your beautiful canvass green,” said Martin Siskind from the Artopia Gallery. Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;}

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