Monday, February 18, 2008

Basquiat's "Hannibal" Found in NYC Warehouse

In something resembling a plot straight out of fiction, authorities have recovered a painting created by the late Jean-Michel Basquiat hidden in a New York City warehouse. Allegedly tucked away there by order of its Brazilian owner who has been accused of "illegal schemes" to make the money to purchase his fantastic collection, the painting is valued at over $8 million dollars.

The last known owner of "Hannibal" was Edemar Cid Ferreira, the former owner of the Banco Santos. He also happens to be one of the countries biggest art collectors. His bank went bankrupt in September 2005, leaving behind debts over $1 BILLION dollars. Ferreira has been convicted in Brazil on charges including money laundering and bank fraud. He was ordered to begin serving a 21-year sentence in December 2006, but was released while his appeal winds through the courts. Recently a Brazilian court ordered the seizure of $20 to $30 million dollars worth of art saying that it had been bought with ill-gotten gains. But, when they made the seizure "Hannibal" was nowhere to be found.

In August of 2006 a courier brought the painting from London into the U. S. via John F. Kennedy International Airport. There was no mention made of the contents of the package, and was valued at a mere $100 on customs declaration forms. Prosecutors filed papers on Wednesday to seize the 1982 painting in an effort to help Brazilian authories claim the work after its seizure in November.

So-what will become of the painting? Don't expect to see it anytime soon. Just like Ferreira himself, it will probably spend quite a bit of time behind closed doors. If we're lucky, maybe someday the Brazilian government will loan it to a U.S. museum (along with the rest of Ferreira's collection) for a tour. But, I wouldn't hold your breath.

Monday, February 11, 2008

Major Art Thefts in Europe

Somewhere in the world today there is a person, or group of people who have some pretty amazing loot in their hot little hands. Within the last month there have been two spectacular art thefts in Europe, and famous, irreplacable works by Picasso, Monet, Cezanne, Degas and Van Gogh have vanished.

The lastest happened just yesterday at the Emil Buehrle in Switzerland. A gang of three thieves threatened guards with guns before seizing the works. This latest theft is considered to be one of the world's biggest art thefts in the last 20 years. Two days earlier near Zurich, two Picasso paintings were heisted.

The police themselves have called the thefts "spectacular" as the small group of armed men grabbed the paintings and shaved them into a white vehicle parked just outside the museum.

The paintings stolen include Poppies near Vetheuil, by Claude Monet, Count Lepic and his Daughters, by Edgar Degas, Chestnut in Bloom, by Vincent Van Gogh, Boy in a Red Jacket, by Paul Cezanne, Head of Horse and Glass and Pitcher by Picasso.

Friday, February 1, 2008

Artists Tossed into the Street- 475 Kent Evacuated

If I was a resident of 475 Kent in NYC right now I would probably not have anywhere to live, and very little of my own possessions with me.

Last week was a very bad week for the artist community that has called the building home for years. Sunday, January 20th the community located in Brooklyn's waterfront neighborhood of Williamsburg was issued a Vacate Order by the NYC Fire Department at 7:30pm, being told that the building was unsafe and immediate action had to be taken.

It must have been a bomb, right? Or fire? Or unsafe wiring? I mean, 200 tenants given until 2:30 in the morning to get out in the middle of a 30 degree weather. Think again. The fracus was caused by what we all know and fear....two 10; diameter metal canisters containing grain used for making Matzo. Sakes alive! Alkida-you must be behind this travesty.

Turns out that the FDNY inspected the basement and noticed a Matzo bakery operating on the site...might I mention that the building, which is inspected quite often, has been home to said bakery for more than ten years. But, on that night the grain resulted in a "hazardous emergency" situation that gave the FDNY and the DOB license to vacate the building. When the landlord and several residents offered to alleviate the problem and remove the "dangerous" grain from the premisis they were told "they were not qualified to move the grain". Dangerous, dangerous grain.

Folks, can you say "follow the money". Talk about yelling fire in a theater. Here's a snippet from the press release sent out by the residents association....

"Upon the issue of the vacate order 200 people scrambled to rid 110 spaces of their most crucial belongings. The following day people were given 6 hours access to remove their belongings, tools and equipment, a scenario that for most people who had been in residence for 5 - 10 years with substantial equipment and installations was completely untenable. From there the scene snowballed.

On Tuesday January 22, tenants arrived with moving trucks at 10am having been told they would have another 6 hours access to the building. They found all entrances blocked by NYPD and FDNY and no one was allowed upstairs. Finally, at 1pm the leaders of each agency stood on the staircase and delivered their plan to the crowd:- residents would be allowed into the building six people at a time for one hour, followed by another group of six people each being granted one hour.

Do the math.

No, I'll do it for you. 200/6= 33.3 hours it would take to allow each person ONE hour access to collect their stuff.

Then they shut down the elevators, insuring that the task was impossible. People, in a panic that this would be their last chance to save their belongings, began to carry equipment and valuables down ten flights of stairs, creating a real hazard."

As of Wednesday, the grain has been removed. But, tenants are still being evicted. On Saturday night the building will be padlocked for the foreseeable future. Although requested repeatedly the DOB has never provided a complete list of the violations on the building. They do know that one of these violations is an inoperable sprinkler system, a problem that can mitigated with the presence of fire-guards while the system is repaired, allowing continued occupancy of the building.

Does this sound like total crap to you? It does to me. I'll say no more, I'll just close by giving you the last of the press release. And, if you've got a sheckel to share, you can go to http://www.475kent.com/ and help these poor folks out.


"Since the 1960's New York City's tacit urban renewal policy has been reliant on artist's moving into derelict buildings in less desirable neighborhoods. The city does nothing to bolster or support economic activity in these down and out areas, nor do they do anything to create affordable, legal, usable space for live/work entrepreneurs. 475 Kent is a prime example of this kind of turn-a-blind-eye urban renewal that has been a boon to the City of New York. A decade ago South Williamsburg was a dangerous neighborhood. Once artists take the initiative to live on the edge and restore and renew unused real estate in what were marginal areas the City becomes predatory. The transformation of Williamsburg by the artist community into one of New York City's most desirable neighborhoods encourages the city to move artists out as they calculate the tax revenue of luxury condo developers moving in. No one in any city agency cared about our health and safety ten years ago. Now that our building has become hot property the City is ready to muster all the powers of its many agencies to assist in the muscling of the property from the owners and the tenants. The tenants of 475 Kent Avenue call into question the hypocritical policies being put forth by the agencies of the City of New York. We cannot help but wonder what forces are driving this vacate and why the agencies are suddenly so concerned for out health and safety."