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Why to purchase real estate in NYC and how to do it…

Articles about ArtCondo and artists buying property in New York City, gentrification, and the benefits of creative businesses buying property.

ArtCondo

  • New York Times

    ArtCondo, a real estate enterprise founded by artists with real estate backgrounds is planning to break ground on live/work condos for artists in the Melrose section of the South Bronx this March…

  • New York Times

    Being an artist in New York City has always required a fair amount of negotiation, thrift and ingenuity — the time when non-blue-chip artists lived and worked out of expansive SoHo and TriBeCa lofts is, of course, long gone…

  • Hyperallergic

    The second edition of the Forward Union Fair brought together artists and activists for a symposium around themes of social, economic, and environmental justice.

  • New York Foundation for the Arts

    How can artists of all disciplines and creative workers meet the challenge of rising rents? ArtCondo’s answer: ownership.

  • Hyperallergic

    ArtCondo is a new real estate initiative run by and for artists that helps creative individuals purchase raw commercial workspaces and live/work lofts in a new way. ArtCondo gathers creative people together to form buying groups to leverage their collective buying power and cultural capital to purchase space collectively. Each building becomes a haven protecting artists and producers from future displacement, and connecting them to surrounding communities.

  • DNAinfo

    MOTT HAVEN — A network of Brooklyn artists wants to bring affordable art studios to the South Bronx. A group of a dozen artists have teamed up with ArtCondo — a new organization that aims to help artists who are being priced out of their neighborhoods — to purchase property and turn it into art studios and a gallery…

  • New York Foundation for the Arts

    To achieve and sustain affordable housing and workspaces in New York City, citywide collaboration is absolutely necessary.

  • ArtfixDaily

    On January 20, 2017, after 2 1/2 years of preparation, six New York artists and one non-profit purchased a 6,400 SF lot of land in the South Bronx through an innovative real estate enterprise called ArtCondo, co-founded by two artists, Michele Gambetta and Matthew Fletcher. With the support of ArtCondo, this group joined together to purchase and develop a NYC property near the Bronx Hub at 149th Street, for work studios and live-work spaces.

  • ArtDaily

    With this inaugural project in the South Bronx, ArtCondo purchased a vacant lot that will become a 20,000 SF artists’ community with work/live spaces, studio work spaces, timeshares for non-local artists, and a non-profit community facility space. Creative and culture professionals from all disciplines will be eligible to purchase additional work/live and work spaces, with community spaces allocated for neighborhood outreach and non-profits. The time-share component will allow international artists, gallery owners and foundations to own a pied-a-terre to create, exhibit or sell their creative wares in NYC.

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