..."The Gates" (Is it art? What is art? And haven't we heard enough of this project?), another query has flitted through the minds of some visitors to Central Park in recent weeks. How did the artists Christo and Jeanne-Claude manage to spend that much money on their tangerine dream?
To pose the question out loud smacks of ingratitude, particularly given what is widely viewed as the project's benefit to the city: drawing thousands of foreign tourists and pumping an estimated $254 million into New York's economy. And the artists have paid for the project entirely on their own, using no public or corporate money...
... the city Parks and Recreation Department, which oversees Central Park. Megan Sheekey, a spokeswoman there, said that the city never asked for details of what Christo and Jeanne-Claude spent, and that the artists had made clear they did not want to divulge that information.
"I know that with public projects, you're used to getting it," Ms. Sheekey said. "But this was paid for with private money, so..."
The department did have a 50-page "art installation agreement" that provided a few clues about costs. It showed, for example, that the artists agreed to donate $3 million to the Central Park Conservancy, and pay $70,000 to the city for park patrols and up to $250,000 for incidental expenses. They also obtained a $1 million letter of credit from Deutsche Bank to cover cleanup costs and purchased liability and workers' compensation insurance policies....
I saw this on 60 Minutes. The couple that does this sets up huge projects like this, out of their own wallet, all over the world. They even had a bunch of yellow umbreallas on a mountian once. Excellent shots...the second one is even better than some of the artists orginal sketches.
Ashley
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..."The Gates" (Is it art? What is art? And haven't we heard enough of this project?), another query has flitted through the minds of some visitors to Central Park in recent weeks. How did the artists Christo and Jeanne-Claude manage to spend that much money on their tangerine dream?
To pose the question out loud smacks of ingratitude, particularly given what is widely viewed as the project's benefit to the city: drawing thousands of foreign tourists and pumping an estimated $254 million into New York's economy. And the artists have paid for the project entirely on their own, using no public or corporate money...
... the city Parks and Recreation Department, which oversees Central Park. Megan Sheekey, a spokeswoman there, said that the city never asked for details of what Christo and Jeanne-Claude spent, and that the artists had made clear they did not want to divulge that information.
"I know that with public projects, you're used to getting it," Ms. Sheekey said. "But this was paid for with private money, so..."
The department did have a 50-page "art installation agreement" that provided a few clues about costs. It showed, for example, that the artists agreed to donate $3 million to the Central Park Conservancy, and pay $70,000 to the city for park patrols and up to $250,000 for incidental expenses. They also obtained a $1 million letter of credit from Deutsche Bank to cover cleanup costs and purchased liability and workers' compensation insurance policies....
http://www.nyc.gov/html/thegates/
Moderator of: Location, Location, Location , Mind Your Own Business & Other Cool Shots
Ashley
ashleyharding.smugmug.com