Apartments Get Arty

By on Jun 11, 2013 in News

Derek Reist with his artwork at 1214 Fifth Avenue.

Derek Reist with his artwork at 1214 Fifth Avenue.

A man’s home is his castle. But a person’s apartment community could be her gym, business center and social lounge. And, in some cases, a gallery. That’s right; some property managers are setting up art installations so that residents can view beautiful works of art from famous and local artists right in their very own lobby!

Take, for example, the South Junction Apartments in Memphis, Tenn., which is being developed by Henry Turley Co. and Tower Ventures LLC. This community is still being developed, but when it’s completed, this apartment community will feature 12 illuminated sculptures throughout its staircases for residents to enjoy.

Another example of a community displaying art for their residents is at 1214 Fifth Ave., which was developed by Related Cos. This is community in Manhattan that will feature original paintings from local artist Derek Reist. All the paintings there will be on permanent display.

Not only does displaying original works of art in multifamily communities support the local artistic community, but it also provides a unique amenity and bragging rights for the residents. All that separates these communities from an art gallery is an over-priced gift shop!