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Is street art copyright? The vexed question Australia hasn't answered


Is street art copyright? The vexed question Australia hasn’t answered
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Is street art copyright? Does an Australian urban artist have the right to prevent, say, an Instagram influencer posing in front of their work and using it to promote themselves? Do they have the right to sue someone who painted over their work, or took a photo and sold it on a T-shirt?
Could it even be used to stop gentrification of the inner city?
Hosier Lane, where pedestrians take selfies in front of the ever-changing street art canvas. ....

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Ascent Nabs $48M Construction Loan for LIC Condo Project


But building more condos does not guarantee that people will buy them at least not right away.
“We don’t see enough absorption in the market to start sales this year,” said Vominh. “We’re basically writing off the rest of 2021.”
Condo developers aim to start sales at a point when they will be strong enough to motivate prospective buyers to act quickly.
Vominh expects sales to begin in 2022 and units to be delivered in 2023. Los Angeles-based Preferred Bank is the lender and Marvel Architects is the architect of record.
Tom Zhidong Wu of development firm ZD Jasper co-signed the construction loans although Wu is not a typical development partner on the project, according to Vominh, who declined to elaborate. ZD Japser’s website says Wu moved to New York in 1991 and founded a computer company that sells and services PCs in the tri-state area. Wu’s firm referred questions to Ascent. ....

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Real Estate Industry Deaths in 2020


Clockwise from top left: Stanley Chera, Sheldon Solow, Peter Hauspurg, Gerald Hines, Jerry Wolkoff, and Bianca Yankov
In a year when so many lives were lost, real estate was not spared. The industry mourned both legendary figures and those who died too soon.
But it was the death of Stanley Chera, the 77-year-old patriarch of Crown Acquisitions, that epitomized the year. The real estate titan had decamped New York City for Deal, New Jersey, early in the pandemic at the behest of his longtime friend, President Donald Trump. But on April 11, Chera died of complications from Covid-19. When Trump contracted Covid later in the year, he reportedly asked an aide, “Am I going to go out like Stan Chera?” ....

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The 15 Most Popular Artnet News Stories of 2020, From Miserable Restoration Fails to the True Purpose of Stonehenge


The 15 Most Popular Artnet News Stories of 2020, From Miserable Restoration Fails to the True Purpose of Stonehenge
Plus, the story behind a smashed $64,000 glass sculpture and the (possible) discovery of Jesus s childhood home.
Your clicks have spoken.
As in years past, readers came to our stories looking for insights and analysis, but also a good ol’ bit of fun. Whether in search of news, intelligence, or in the hopes of coming upon a joyous surprise, readers flocked to our coverage this year.
Here are the 15 most popular stories of the year.
Left, the original sculpture and right, the “restored” version. Courtesy of Facebook. ....

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