Homes & Estates Florida Portfolio October 2017 | Page 8

I t’s well beyond traditional gallery hours, and Jason Vass is in the storage room of his eponymous Los Angeles art gallery, sifting through Mark Dutcher contemporaries. Another high-end real estate agent has come a-calling, and soon the chosen pieces will be hanging in an L.A. manse for sale in an effort to attract attention from high-end buyers. Vass is among a select group of artists, galleries, art consultants and stagers contributing to this latest marketing trend in high-end real estate — one that Joyce Rey, executive director of Coldwell Banker Global Luxury™, says is just getting started. “The art staging trend applies primarily to the ultra high-end of the market — in the $20 million-plus category. The more expensive the house, the more important the art becomes.” The natural parallel between the art world and high-end real estate has brought the trend across the country, where Nicole Bray, founder of Mercer Contemporary, a top New York art consultancy, curates art for luxury properties. “There is a defi nite trend toward placing art in these high-end properties for sale,” she says. “Architects, builders and developers are looking for distinguishing elements and are realizing what a great marketing tool art can be.” Further down the East Coast, Miami’s answer to art staging comes with a less temporary twist. “The new trend is to make a permanent art installation part of the sales initiative,” says Forbes 30 Under 30 Realtor Danny Hertzberg of Coldwell Banker Residential Brokerage Miami Beach’s The Jills ® . A striking sculpture is framed by panoramic ocean views - one of many standout art pieces in this multi-million-dollar Danny Hertzberg listing in Miami. “I’ve seen fi rsthand the positive effects the artworks A Win-Win For the artist or gallery owner, the end goal is, obviously, making a sale. But, in the absence of such, the added exposure helps. Noted artist Knowledge Bennett of The Know Contemporary Gallery in L.A. sold three pieces to collectors who’d seen his work in a Venice open house, and continues to work with Realtors ® and developers. Among the 16 works provided by his gallery to a $23 million Bel Air listing are a few of his own celebrated pieces, like an Andy Warhol-inspired painting depicting former President Barack Obama as a gun-brandishing cowboy. With “fi ne art versus the generic commercial art installations, the homes become all the more memorable and capable of standing out within a saturated high-end home market,” says Bennett. “I’ve seen fi rsthand the positive effects the artworks have had on the homes and their ability to sell. L.A. is such a sprawling city that it could take years to get your work in front of some of these potential collectors. I’ve elected to take the art to the people.” Obama Cowboy (Magnifi cent 7), by Knowledge Bennett, Photo by Christopher Lee 6 | Homes & Estates | Florida Portfolio