As Art Basel Miami Beach celebrates its Sweet Sixteen, the parties down the block are louder than ever. This year, a glut of competing art events has put pressure on the fair to wrangle collectors’ attention. Of course, the main event, which started in 2002, retains its art-world cachet as the year’s last art-buying hurrah,​drawing the usual hordes of collectors wearing chunky neon sneakers and flip-flops.​But...

Source: Wall Street Journal December 08, 2017 20:37 UTC