Friday, June 28, 2013

Museo Vault growth

Nearly five years in, Museo Vault reports solid growth - Business Monday - " . . . the five-story, 85,000-square-foot building with 65,000 square feet of rentable space at 346 NW 29th St. is about 70-80 percent occupied with art from clients including private collectors, museums, dealers and others. Business manager Vanessa Amor said that three years ago, that number was only about 15-20 percent. “The first six months were very difficult,” she said. “But the interesting thing is that artwork was a commodity that wasn’t necessarily related to what happened in the financial crisis... It’s an interesting twist that the financial crisis, I think, while it worked against other people, it kind of turned to benefit us rather quickly.”. . . " (read more at link above)

No comments:

NYTimes: Art & Design