As Detroit Struggles With Bankruptcy, Auction House Appraises Prized Art Collection

Midwest
Thursday, August 8, 2013
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Detroit Institute of Art. (quick fix via flickr)

Detroit Institute of Art. (quick fix / flickr)

Even as Detroit’s municipal bankruptcy reverberates among residents and onlookers alike, the city’s art scene shines on.

Unfortunately for the Detroit Institute of Art, red ink may yet claim its city-owned collection. This week the museum confirmed Christie’s Appraisals had been hired to appraise a portion of the cultural institution’s holdings. But an appraisal is not a sale.

Continue reading after the jump.

FreelandBuck’s Slipstream Installation Hits The Auction Block

International, Newsletter
Tuesday, August 21, 2012
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Slipstream installation at the Bridge Gallery in New York by FreelandBuck. (Courtesy FreelandBuck)

Slipstream installation at the Bridge Gallery in New York by FreelandBuck. (Courtesy FreelandBuck)

Inspired by Lebbeus Woods’ “Slipstreaming” drawing series envisioning the dynamics of flow, New York- and LA-based FreelandBuck architects designed Slipstream, a colorful installation made of CNC-cut birch-veneer plywood currently on display at New York’s Bridge Gallery through August 24. Now the sculpture could flow out of the Lower East Side gallery and into your home or apartment. Citing storage constraints, FreelandBuck has placed Slipstream on eBay and the installation—all 1,400 pieces of it—could be yours for cheap.

More after the jump.

$1K per Square Inch

East, East Coast
Wednesday, March 17, 2010
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It's not exactly one-of-a-kind, but for a thousand bucks, this model better be special. (Courtesy eBay)

Who says starchitecture is dead? While most projects, high-profile or otherwise, are still on the rocks, the market for boldface design remains strong. How do we know? That rinky-dink model of Herzog & de Meuron’s 56 Leonard Street that we mentioned last week, well, the eBay auction for it closed just past nine o’clock this morning. After 43 bids, the final price was an astonishing $1,166.11 (if you factor in the 30 bucks for shipping). Seeing as how that’s more than some East Village apartments, we’re going to take this as a leading indicator of better times ahead. Or maybe it’s just further proof of the problems that got us here in the first place.

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