Los Angeles Business Journal

LABJ WEEKLY EDITION

Bad Breakups Put Together For Exhibits

John Quinn to hook up museum visitors with broken relationships.

Attorney John Quinn is introducing the Museum of Broken Relationships to the heart of Hollywood.

TV Hospitable to Exec

Omar Spahi recently sold a $4.4 million co-op in Santa Monica under the bright camera lights of Bravo’s reality show “Million Dollar Listing.”

A Look Ahead: What’s on the agenda for Los Angeles business in the coming week

FILM: Annual festival looks to play role in promoting women, minority talent.

The 2016 L.A. Film Festival, which starts Wednesday and will go through June 9, is expected to draw 90,000 attendees united by an interest in discovering and supporting independent filmmakers.

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It Pays to Be Cautious When Treating Art as Asset

INVESTMENT: Some works require upkeep, often fail to generate sizable returns.

For some collectors, artworks serve to provide financial as well as emotional payoffs.

Some Agencies Play Part Of Fine Arts Middleman

ENTERTAINMENT: Linking artists, projects cuts into galleries’ traditional role.

Talent agencies look to carve out a role in connecting artists to branding and other projects.

Working It Out

Five decades into career, Charles Arnoldi still spends six days a week in studio without an eye on sale prices

Charles Arnoldi invests time in his career without concern for big paydays.

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L.A. Developers Take Part in Giving to Public Art

GOVERNMENT: Some like to have say in how levy on their projects will be spent.

Some L.A. developers have embraced the city’s 1 percent levy to fund public art projects in the city.

Music Manager Expands Focus to Photography

ART: Father of Simpson sisters creates works taking cues from Andy Warhol.

Joe Simpson, father and manager of singer-actresses Jessica and Ashlee Simpson, is out to reinvent himself as the Andy Warhol of Los Angeles, having taken on a new career as an artist.

Port of Long Beach Will Dive Into Local Hiring

SHIPPING: Project labor agreement sets 40 percent quota for construction jobs.

More local workers will be hired for construction projects at the Port of Long Beach under a plan approved by the Board of Harbor Commissioners.

Calendar

Calendar of events

Conventions

Upcoming conventions

Buyer Doubles Down in Glendale Office Market

SALE: Granite pairs up adjacent properties with $80 million acquisition.

Granite Properties has purchased a 21-story Glendale office tower at 550 N. Brand Blvd. for just under $80 million, bulking up its Tri-Cities portfolio.

Art Appreciation

The impact of the arts on the region is great, and extends well beyond economics.

Reframing Los Angeles

The Broad, other local institutions have helped start dialogue in region on true value of art to the public.

Museum supporter and founder Eli Broad sees value in reaching out and connecting with L.A.’s diverse population.

Initiative Aims to Help L.A., Angelenos Age Well

Paul H. Irving touts a city and state initiative that will help the region better serve and connect with its aging residents.

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Collectors Now Look to Hang With Artists Online

INTERNET: Saatchi Art’s site offers virtual opening to promote, sell works.

Websites such as Saatchi Art offer artists a new way for their works to click with collectors.

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Downtown L.A.’s Prices, Spaces Pull in Galleries

LOCATION: Arts District proves popular home for places to showcase works.

Downtown L.A.’s Arts District shows it can hang with other cities as a home to galleries.

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Artistic Haven

MANUFACTURING: Gemini still hailed as producer of fine prints.

Gemini G.E.L. is marking 50 years of providing its services in exchange for a few signed prints.

Gallery Influx Could Squeeze Veteran Operators

EXHIBITION: Competitive new arrivals draw mixed reaction from old guard.

Influx of new galleries complicates the picture for longtime operators.

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City Long Framed as Artist Enclave

REAL ESTATE: Inglewood’s low costs big draw for studios.

Inglewood fielded an artists’ enclave long before pro football came knocking for a stadium.

Market Vendors Fear Moving From 7th Street Produce Market

FOOD: Rents rise for produce wholesalers under new landlord.

Wholesalers fear being boxed out by 7th Street Produce Market’s rising rents.

Co-Living Firm Squeezes ’Em In

HOSPITALITY: PodShare hopes tight space stacks up as business.

PodShare has found room in the temporary residential market with its low-cost shared spaces.

Plane Cleaner Adds Services To Land Jobs

Gary Privitera’s firm high on opportunities beyond just detailing.

Gary’s Aircraft Detailing says business has taken off with the addition of new services.

Denim Execs Get Hang of Flying Yoga

James Jeans founders form D&A studio to give discipline a lift.

The future of D&A Flying Yoga studio is up in the air.

Development Hits Home For Attorney

Alfred Fraijo Jr. looks to court businesses for Boyle Heights project.

Attorney Alfred Fraijo Jr. hopes to make the case for his hometown Boyle Heights as a business center.

Plane Models Provide Lift for Plastic Surgeon

When plastic surgeon David Feldmar isn’t reconstructing people, he’s constructing model airplanes.