In recent years, the contemporary art market boom has been sustained by young guys on Wall Street who are now out looking for jobs and can't afford to buy art anymore," says Gary Nader, owner of an eponymous gallery in Wynwood. "I guarantee that Art Basel will not be as crazy this year. Not only are sales going to be soft, but many of the hotels on the Beach will have empty rooms, and you can even expect some local galleries to close... More >>>