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However, Alexis Hubshman, the founder of the Scope Art Fairs, told this writer during drinks at The Standard about a month ago that he had heard Art Basel was moving to Los Angeles.

When the ABMB opening conference was over and the dignitaries who spoke were taking questions, I asked fair director Sam Keller (one-on-one) to confirm the circulating rumor.

Keller replied, “Art Basel is renewing a contract every year rather than having a long-term commitment to Miami Beach. As long as we are happy here, we will return and we will definitely be returning next year.”