Graffiti Artwork Valued at $6.7 Million

Based on the Visual Artists Rights Act, a judge has awarded 21 artists a collective $6.7 million because their artwork was painted over by the developer who owned the 5 Pointz building in Long Island City, New York. Judge Frederic Block cited developer Jerry Wolkoff’s “insolence” in having painted over the walls while litigation was still ongoing.

Wolkoff had granted permission for the graffiti in 2002, and had the artwork painted over in 2013. One spokesperson said the artwork included contributions from more than 1500 people. You can read the United Press article here. https://www.upi.com/Top_News/US/2018/02/13/NYC-developer-must-pay-67M-for-painting-over-graffiti-art-judge-rules/9191518496490/

 

Photo by iamNigelMorris

Wade Swormstedt

Wade Swormstedt

Wade is Executive Director of the Foundation for the Advancement of the Sign Industry. Formerly he was Editor and Publisher of Signs of the Times magazine.

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