The Lessons of 5Pointz: Implications for both Personal Property and Real Property Appraisers
In February 2020, a US Appeals Court upheld a $6.75 million verdict in favor of a group of graffiti artists under the Visual Artists Rights Act of 1990 (“VARA”). This webinar will explore this historic decision and consider its many important implications for appraisers of fine art and real property. The original lawsuit was initiated in 2013 when a Queens NY real estate developer destroyed the work of the 5Pointz graffiti artists in order to make way for condos. Steven Schindler of Schindler Cohen & Hochman LLP represented the artists.
This presentation will be of interest to personal property appraisers AND to real property appraisers.
Steven R. Schindler is one of the founding partners of Schindler Cohen & Hochman LLP. Twenty-three years after it was founded, SCH continues to earn its reputation as one of the City’s outstanding litigation and art law boutiques. As a senior member of the firm’s litigation practice, Steve represents a broad range of clients in state and federal courts and arbitrations throughout the nation, and works closely with foreign law firms in complex transnational litigation. Steve also heads SCH’s Art Law Group. This practice area, which continues to grow steadily, combines SCH’s formidable litigation expertise with a deep knowledge of the art market and its specific legal issues. Steve regularly advises art galleries, other art related businesses, collectors, artists, and not-for-profit corporation in the art space on transactional matters, such as the sale and acquisition of art and their relationships with dealers, banks and auction houses, and has litigated cases involving the authenticity, title, provenance and appraisals of art.
Steve is on the faculty of NYU’s Steinhardt School where he teaches art law. He is the immediate past chair of the New York City Bar Association’s Art Law Committee, and the co-president of the board of Artists Space, an organization dedicated to the support of emerging artists.
Free
1.2 CE Credits
PLEASE EMAIL TO REQUEST YOUR CE FORM: admin@asanorcal.org
Thank you Fran Zeman, ASA NorCAL Board Director for all your hard work coordinating this fascinating event!
Helpful Links:
http://nymag.com/daily/intelligencer/2018/02/artists-won-at-5pointz-but-the-decision-was-terrible-for-art.html
https://www.google.com/search?q=photos+of+5pointz&rlz=1C1GGRV_enUS753US753&source=lnms&tbm=isch&sa=X&ved=0ahUKEwiZ5PiEtqbaAhUSuFMKHbrMCd8Q_AUICigB&biw=1920&bih=949
https://untappedcities.com/2014/10/14/35-photos-from-inside-the-demolition-at-5-pointz/