Wynwood-based art gallery launches corporate lease program

Program charges between 8% and 20% of the art's value

TRD MIAMI /
Jul.July 27, 2015 01:30 PM

A Miami art gallery has launched a corporate art lease service for property owners and developers, The Real Deal has learned.

Diana Lowenstein Gallery, at 2043 North Miami Avenue in Wynwood, is launching the service. The gallery has worked with the Ritz-Carlton South Beach, the Epic Hotel in downtown Miami and most recently with the new Virgin Hotels Chicago, according to a release.

The program, which charges between 8 percent and 20 percent of the artwork’s value, includes installation, framing and delivery. It runs for a minimum of three years.

“Art and public spaces, especially hotels, go hand in hand,” Lowenstein said in a press release. “Designers and developers can now incorporate fine art into property décor with minimum investment and effort, and enjoy the added benefit of drawing interest from art-enthusiasts.”

Lowenstein provided art to the Ritz-Carlton South Beach in 2005 and in 2011. — Katherine Kallergis


Related Articles

arrow_forward_ios
Domio Wynwood, Gustavo Miculitzki, and Jon Paul Pérez (Credit: Alberto Tamargo/Getty Images)

Related lists Domio Wynwood apartment-hotel for sale with whisper price of $90M

Related lists Domio Wynwood apartment-hotel for sale with whisper price of $90M
From left: Benjamin Bernstein, Pan Shiyi, and Zhang Xin (Credit: Google Maps, Dickson Lee/South China Morning Post via Getty Images)

Lender closes on RedSky and JZ’s Wynwood assemblage

Lender closes on RedSky and JZ’s Wynwood assemblage
Wynwood Works rendering and Udonis Haslem (Credit: Bobby Metelus/Getty Images)

Magellan Housing and Miami Heat star Udonis Haslem to build Wynwood apartment project on city-owned land

Magellan Housing and Miami Heat star Udonis Haslem to build Wynwood apartment project on city-owned land
Peter Vauthy and Red South Beach (Getty)

The Weekly Dish: Red South Beach signs $5M lease for new space & more

The Weekly Dish: Red South Beach signs $5M lease for new space & more
Adam Henick, Stefano Santoro, and Brandon Charnas

Instagram ready: Current Real Estate Advisors expands to Miami

Instagram ready: Current Real Estate Advisors expands to Miami
Concrete Beach Brewery

Dogfish Head to take over Concrete Beach social hall in Wynwood

Dogfish Head to take over Concrete Beach social hall in Wynwood
Foyer Wynwood and Jonathon Yormak

East End Capital scores approval for co-living project in Wynwood

East End Capital scores approval for co-living project in Wynwood
From left: Erik Rutter, David Weitz, David Levinson and Robert Lapidus, with 95 Northwest 29th Street (Credit: Google Maps)

Luxury office, resi project planned for former Rubell museum in Wynwood

Luxury office, resi project planned for former Rubell museum in Wynwood
arrow_forward_ios

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

Loading...