Are high rents driving NYC artists to LA?

Street artist Shepard Fairey argues that NYC artists are “screwed”

New York /
Aug.August 24, 2014 04:00 PM

New York City’s high cost of living will be the death of its art scene, according to street artist Shepard Fairey, best known for designing the widely used “Hope” poster during Barack Obama’s 2008 presidential campaign.

Fairey told the New York Post that New York City artists are fleeing to Los Angles en masse.

“You can’t be in New York and not have ­either a trust fund or a good enough job to live,” Fairey told the Post. “Artists are screwed in New York right now.”

Fairey – a resident of LA — is currently completing a mural at 161 Bowery as part of The Little Italy Street Art Project.

“New York is incredibly successful, and one of the things that’s suffering is space for people to be struggling to make something that ­nobody’s seen before, or hear something ­nobody’s seen before, where they have no money and it’s not commercially viable yet, but it’s going to be the next thing. That’s happening in LA,” he added. [NYP]Christopher Cameron


Related Articles

arrow_forward_ios
Industrial real estate (iStock)
U.S. industrial vacancy falls to 27-year low
U.S. industrial vacancy falls to 27-year low
The Weeknd and the 33,000-square-foot Bel Air mansion (Getty, Google Maps)
A look inside the homes of pop star The Weeknd
A look inside the homes of pop star The Weeknd
Oak View bets on Las Vegas with $3B casino, hotel, arena plan
Oak View bets on Las Vegas with $3B casino, hotel, arena plan
Oak View bets on Las Vegas with $3B casino, hotel, arena plan
Madison Realty Capital comes of age
Madison Realty Capital comes of age
Madison Realty Capital comes of age
(Getty images)
Thinking inside the box: Developers rush to create more warehouse space
Thinking inside the box: Developers rush to create more warehouse space
Alex Trebek’s longtime home lists for $7 million (Compass, Getty Images, iStock)
Alex Trebek’s longtime home asking $7M
Alex Trebek’s longtime home asking $7M
1428 N Genesee Drive and Freddie Krueger (Realtor, Wikimedia)
‘A Nightmare on Elm Street’ home sells for $3M
‘A Nightmare on Elm Street’ home sells for $3M
Photo Illustration of Elon Musk (Getty)
Musk could save $2B in California taxes on Texas move
Musk could save $2B in California taxes on Texas move
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...