Was the pilfered painting worth it? Detroit's 555 Gallery saved a stencil from scrappers, but now wants to sell it.
Christie's Auction House is set to appraise The Detroit Institute of Art's holdings as part an accounting of Detroit's assets. According to Art Market Monitor, the danger of the appraisal now taking place ... is that it will reveal a much greater value than the $2.5bn bandied about recently. Todd Levin, a Detroit-born art adviser and director of the Levin Art Group in New York, said the value of the museum’s entire 60,000-piece collection would have to be significantly higher — “at least in the low to mid-11 figures, In other words, at least $10 billion to $20 billion. (Previously)
Detroit Institute of Arts collection could face sell-off to satisfy Detroit's creditors Detroit emergency manager Kevyn Orr is considering whether the multibillion-dollar collection at the Detroit Institute of Arts should be considered city assets that potentially could be sold to cover about $15 billion in debt.
Renowned L.A. based graffiti crew The Seventh Letter and affiliates have been working on the Detroit Beautification Project (Vimeo link). [more inside]
it was street art until the preservation team showed up... banksy drops a piece in a derelict factory site in detroit. a local grass-roots gallery removes it to their hq for safe keeping. people go nuts.
"Ah, the mythical $100 home. We hear about these low-priced “opportunities” in down-on-their-luck cities like Detroit, Baltimore and Cleveland, but we never meet anyone who has taken the plunge. Understandable really, for if they were actually worth anything then they would cost real money, right? Who would do such a preposterous thing?" Amongst others, artists who have hope for the future and money to invest. [more inside]
Photography of the unexpected and neglected architecture. Romain Meffre and Yves Marchand travel the world photographing "singular and surprising buildings of all domains," mostly 19th and 20th century urban and industrial architecture. Don't miss the photos of Detroit (under Projects), or more of Marchand's stunning work at his personal site.
The "D" stands for Demolition. In an attempt at building awareness of Detroit's rotting, decaying neighborhoods(as if one needed further awareness), the Detroit Demolition Disneyland project finds long-abandoned, neglected structures that the city has failed to demolish and paints them with Tiggerific Orange paint.
Alternative Rapid Transit Looking for a funky way to get around town? Try Detroit's People Mover (warning, embedded earworm). For 50 cents you can travel 2.9 miles through 13 stops in 15 minutes, and see some fantastic art along the way. People movers and modified Personal Rapid Transit systems were built in various cities in the 1970s, such as Miami, Jacksonville, and at West Virginia University. The dream of true Personal Rapid Transit has not yet been achieved, and its viability and economic benefits are still up for debate, but the People Mover, at least, is still hanging on.