Sean Kelly Gallery, Los Carpinteros, Kosmaj Toy (2012).

All images by A.M. Ekstrand for ArtObserved, on location at Art Basel Miami Beach Fair.

Art Basel returned once again in Miami Beach this past week for the 11th annual Art Basel Miami Beach Fair. Featuring over 300 galleries representing 36 countries around the world, the show has exhibited marked growth from last year’s event, with well over 2,000 artists flocking to exhibit at what has become the internationally-renowned closing party for the world art market each year.  It is of course always an irony that tens of thousands will fly down for the events and parties, with many of them never visiting the vast aggregation of what it said to be roughly $1.5 billion worth of art in one (large) room, a collection that few museums in the world could compete with.   Below is a selection of some of the works we thought to be notable from the fair.

Helly Nahmad Gallery, Mark Rothko No. 1 (1957) and Alexander Calder, installation view

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S.A.C Capital founder and art collector Steve A. Cohen joins Museum of Contemporary Art’s board of trustees, in addition to his current duties at the Painting and Sculpture Committee of the Museum of Modern Art [AO Newslink]

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The Hirshhorn Museum with proposed “bubble” in Washington, D.C. via Washington City Paper

A high-tech, futuristic design for a meeting hall in the Hirshhorn Museum at the National Mall in Washington, D.C., is making headlines this week across the art community. The proposed “bubble” would constitute dimensions of 145 feet and swell out like a balloon from the primary structure, inflating during the months of May and October and collapsing for the duration of the year. Advocating for the design, Hirshhorn Museum Director Richard Koshalek insists that it will not detract from the museum’s most valuable possession: its art [Washington Post].

Fernando Botero via Art Daily

Fernando Botero criticizes the art awarded by the $50K prize bearing his name, and the administrators of the prize decide to cancel it as a result [ArtDaily]

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