Perez Museum Opens For Art Basel: Has Miami Art Sold Out?

Categories: El Jefe

jorge_perez_01.jpg
Jorge Perez of the Related Group
Call it irony. On the single biggest day in Miami's visually stunning history, as Art Basel begins and the Perez Art Museum opens on the bay, media announces a three-tower, 2-million-square-foot giant on the Miami River.

Complaints have been lodged about naming the city's art museum after the magnanimous Related Group Chairman Jorge Perez -- which by the way is the Jorge M. Pérez Art Museum of Miami-Dade County -- but the problem is far deeper. For days now the Miami Herald and everyone else in town has been hyping the museum without noting that five board members resigned in protest when the name was announced... and several collectors have allegedly created their own spaces.

See also: PAMM Opens Today, and It's More Beautiful Than You Imagined

Of course, you could paint a rosy picture on all of this. The Miami Herald quoted Perez on his new tower this morning saying this:

"This is the most important development in the urban core... [This building] is the link that will unify the neighborhood by bringing pedestrian-friendly walkways from east Brickell all the way to Brickell CityCentre. Our vision will meet the robust demand for additional residential, hospitality, and entertainment facilities in the area."

Indeed for days, the Herald and everyone else has been banging the drum for art at condos. Just the other days Ina Paiva Cordle penned a story that described how art was a great selling tool for developers.

Probably the city's second biggest real estate name, Armando Codina, is using big-time art in his buildings. It's happening not just in Brickell but even out in Doral. Real estate brokers, including Sotheby's, hire art experts to work with salespeople so they sound smart.

And the condos sell: "Every building I can think of that has invested in extraordinary art in their public areas has never had a problem selling and never had a problem reselling," Realtor Mark Zilbert told the Herald.

Of course, the synergy between art and cash goes even deeper, as witnessed by the fact that UBS, a Swiss bank, recently paid a bundle to be the main sponsor behind the Art Basel brand. The former had to beat out Deutsche Bank, another huge player in the art market for the honor.

It is estimated that $3 billion of art will be be on sale at just Art Basel Miami Beach this year, a 20 percent increase in value from last year. Henry Kravis, Mark Zuckerberg and Martha Stewart are among many big money types expected to be here. There is a Henry Moore sculpture "Two Piece Reclining Figure No. 1" on sale for $8.5 million.

Oh yeah, and did we note the dinner hosted by Louis Vuitton and the brunch for a Gap T-shirt?

Follow Miami New Times on Facebook and Twitter @MiamiNewTimes.

Location Info

Venue

Map

Perez Art Museum Miami (PAMM)

1103 Biscayne Blvd., Miami, FL

Category: General

My Voice Nation Help
26 comments
gumsandals
gumsandals

Glad to hear Miami sold out for art instead of pro basketball and football (and maybe soccer down the road). Aside from the art museum not being iconic, the only other problem I have with it is its name. What a mouthful. It sounds like something a committee of bureaucratic wonks came up with. My not-so-secret wish is that graffiti activists (do they exist?) perform an act of civil disobedience by tagging the name-- crossing out the mouthful and replacing it with "Miami Art Museum." After all, less is more.

Clare Hartkorn-Taylor
Clare Hartkorn-Taylor

The building is UGLY... but consider the folks who built it... it's an eyesore...

Alek Zandr
Alek Zandr

i think everyone needs to attend this venue & experience it at first hand.. its like taking a one way flight out of town!

frankd4
frankd4 topcommenter

.......................................if a developer is community minded and the community is poorer today than twenty years ago, more congested today that thirty years ago, more uneducated and unskilled than forty years ago - what could that developer possibly have to offer in his "museum" that is related to the community at large ?

so a few brazilians and argentines have sky level luxury residences they visit on occassion ? okay they do pay real estate taxes - but so do these buildings require a great deal of public resources on infastructure such as roads and hook-ups and fire police water sewer admin code equipment and labor  ( a single fire engine alone could cost three million dollars - so a 100 unit condo building EACH unit would have to pay $30,000 that year just to buy that one fire truck ?)

yes construction jobs were created but once the building is completed - that's that

WHY ARE WE CLOSING LIBRARIES if this developer is community minded with a master plan for the people ?  WHY ARE THE so many maybe more than HALF of the children of MIAMI food and housing INsecure ? where is their "museum" ?

frankd4
frankd4 topcommenter

.....................................and as for the architecture housing a collection i am currently studying richard meier and the getty museum - nuf said

frankd4
frankd4 topcommenter

......................and as for art connected to hispanic influence in a major real estate development - how about diego rivera and rockefeller center ?

oh that's right MIAMI is only looking for the latest shiney object that flashes by - okay so have your "museum" whatever the name of it is

Henry
Henry

I love how everyone keeps saying "the museum is free this week!", but in fact its only open to the public until 6 pm as there are private events in the evenings.  Basically its open to the kind of public that doesn't have jobs.  

icculus17
icculus17

how about the New Times tell us about all of the offshore tax haven money (probably lots of govt subsidies and bailouts from the taxpayer) that are being used to buy all this overpriced stuff.  Even the rich fall for the oldest marketing tricks.

frankd4
frankd4 topcommenter

 

........................................here is an idea to "expose" art to the UNinitiated (since the rich can do this on their own) sponsor MIAMI DADE teens to go on supervised trips TO ROME and PARIS and TOLEDO and NYC and other US location WHERE THE REAL ART ALREADY IS as part of an educational experience

don't you think any kid who actually sees VENICE or VIENNA first hand isn't going to accrue VALUE at least equal to travel and accomodation costs ?

mr perez could buy out european youth hostels for weeks at a time and charter a plane and hire supervising parents and guardians for a fraction of what that building cost !

to air condition that building each month alone a score or more kids could spend a week away - every month !

50,ooo kids could experience "art" over time and far and away provide more "exposure" than just the price of that expensive brick and mortar building and even more money wasted to continually upkeep and maintain and insure the contents of

MiamiBeachCrack
MiamiBeachCrack

Art gets flipped with the same frequency as Miami condominiums.  Check your past sales history for  art.  The industry just keeps selling the same stuff at a higher markup.  A true game of musical chairs. 

Lourdes20
Lourdes20

Not sure what the point of this story is. Yes, people were originally upset about the museum name change, I was one of them. We are over it now. Miami finally has a world-class museum that we can be proud of, it will help propel Miami's culture, urban core areas and economic growth.  

We should also count our blessings that the largest, most respective art fair in the world decides to come here every year (despite this city's short comings) and bring millions of dollars with it.

kgorell305
kgorell305

So art should be free and should not stimulate economic growth. Stop the hating, trolls, and come to the Museum. Admission is free today through December 8th. You can even take the Metromover. ;)

Larry Andrada Malbog
Larry Andrada Malbog

but an hr ago you posted this The new Pérez Art Museum Miami is majestic and one of the best things to ever happen to the city.

Manuel Aguilera
Manuel Aguilera

We've had Brito for years and NOW Miami Art has "sold out"? Sure, why not.

al004
al004

And your point, Chuck?

Your own publication has devoted considerable space to Art Basel.

I think you need to make a connection to something of substance, like maybe that Perez's claim about "pedestrian-friendly walkways from east Brickell all the way to Brickell CityCentre" will be the result of the increasing traffic grid-lock caused by a massive failure of intelligent city planning and a corrupt collection of public officials. 

Al Crespo




frankd4
frankd4 topcommenter

@icculus17 

why do you think UBS and Deutche Bank are sponsors ?

gumsandals
gumsandals

@frankd4 No need to do that. Field trips on school buses are all  you need to expose our kids to art. We have some great private collections in Wynwood that will forever tower over the public-owned works for years to come. The Margulies and Rubel collections are absolutely amazing. 

frankd4
frankd4 topcommenter

............................i would rather we re-HIRE all the elementary school teachers we LOST - otherwise all the MIAMI "art" could just as well be displayed out at that new $562,ooo,ooo baseball stadium when the team moves to ORLANDO

frankd4
frankd4 topcommenter

 

................................it's not hate - it was built with DRUG money at the expense of the children of MIAMI half or more of whom are food and housing insecure which as a builder mr perez has made scant access to housing for,  instead laundering money for DRUG KINGPINs who buy for all-cash sight-unseen multiple million-dollar luxury high-rise units from off-shore LLCs

NYC has co-op boards that have DENIED the likes of richard nixon and madonna - you think a DRUG KINGpin is going to pass as a resident ?  DRUG KINGpins would never consider purchasing units in NYC anyway to have the NYPD on their case as here in SoFla, elected officials and the police department can be bought off with protection money

AND PALM BEACH may attract kennedys clans antics and madoff-scammers even shock-jocks rush limbaugh and howard stern (who owns a $51,ooo,ooo home on the ocean) are residents.............. but you think PABLO ESCOBAR is going to live in palm beach ? not even theDONALD would be allowed to sell palm beach real estate to DRUG LORDs

i would much rather have seen a PEREZ elementary school or a PEREZ nutritional center or PEREZ low-income affordable housing - and so should ALL of us

frankd4
frankd4 topcommenter

@gumsandals @frankd4 

...........as for what that new building cost in air conditioning alone mr perez could have sponsored a HUNDRED kids a week on field trips

imagine in about five years over 20,ooo kids exposed to ART ? plus all the electricity that would be SAVED on air conditioning ?

what a cataclysmic waste



frankd4
frankd4 topcommenter

@gumsandals @frankd4 

i agree however ONE WEEK in a foreign country would be VALUED as a lifetime of memory

i mentioned on a post here my observing a little BLACK kid and his mom at an ART SHOW in what was then dingy grimy commercial industrial and low-income residential wynwood before and high end collections arrived - i'm certain it had a lasting impression on both of them

but if you have ever been abroad you know what i mean - different climates and food and languages and customs and things thousand years old instead of shopping mall concrete that dried yesterday

what here could rival ATHENS or ROME or VENICE for a kid ?

kgorell305
kgorell305

@frankd4 I wasn't going to reply, but your accusation is truly outlandish. You're accusing a major philanthropist in our community of criminal misconduct with no proof. How despicable and ignorant. 

I agree that more should be done to help the children in our communities with basic needs, but blaming people who buy condos for cash (under many varying circumstances--most of which have nothing to do with money laundering) has nothing to do with these underlying social issues. We're not in the 80s anymore, and this is'n't "Cocaine Cowboys." 

Thanks to Mr. Perez's generosity, low-income children's access to the arts has dramatically improved. I am quite grateful for that and you should be too.

frankd4
frankd4 topcommenter

@kgorell305 @frankd4 

and no , kgorell305 , i don't mind mentioning that the emperor has no clothes (and neither should the emperor)

i went against very dear friends over moving the home of MSD and i would not be able to live with myself had i caved then

frankd4
frankd4 topcommenter

@kgorell305 @frankd4 

well it's funny that many many hold my opinion that BUYER FINANCED high-rise buildings fit the profile

do you know that type of residential purchase is INferior to liens and claims and property taxes and loans - basically at the end of an abandonded project the developer could just tell buyers who have paid 100% - sorry YOU LOST IT ALL ?

WHO in their right mind would do that ?

the last major contributor to MIAMI is someone i admired very much, jorge mas canosa, but i have no use for his son, nor mr perez as "major contributors" to MIAMI

there simply is NO reason legal or financial to participate in these residential purchases WITHOUT the proper and appropriate protections UNLESS there is something very wrong with that CASH - a few transactions okay but practically ENTIRE BUILDINGs - no way no how = period

Now Trending

Around The Web

From the Vault

 

Loading...