by Joseph Pryor | Jun 12, 2024 | Articles, Knowledge
Documentation and Inventory: Document and photograph every valuable and important item in the collection. Store physical and digital documentation in secure off-site locations or cloud storage. Include detailed information such as descriptions, provenance,...
by Joseph Pryor | Jun 10, 2024 | Articles, Knowledge
In a world where natural disasters are on the rise, protecting your high-value art collection is more crucial than ever. According to the Wall Street Journal, 45% of homes are at risk due to climate-related incidents, making it imperative for collectors to have...
by Joseph Pryor | Feb 8, 2024 | Articles, Knowledge
Understanding Wine as an Insurable Asset Class: Insights from Neil Kaplan on Proper Wine Storage and Appraisals Summary: As an insurable asset class and a consumer item, wine provides unique challenges for the collector and appraiser alike. Careful storage, great...
by Joseph Pryor | Jan 30, 2024 | Articles, Knowledge
Synopsis: The dynamic landscape of the insurance industry in 2024 presents a myriad of challenges and opportunities, particularly within the niche domain of fine art insurance. This article explores the key trends shaping the sector, shedding light on the factors...
by Joseph Pryor | Nov 7, 2023 | Articles, Knowledge
This article is intended to help a family member, executor, or estate lawyer in the process of handling a large art collection as part of an estate settlement. Organizing the lifelong financial affairs of a loved one, friend, or client is complicated and often...
by Joseph Pryor | Oct 17, 2023 | Articles, Knowledge
With rates of natural disasters caused by climate change on the rise, insuring private art collections is becoming more complicated and more expensive. People have been insuring art since the late nineteenth century, and in general, fine art insurance was relatively...
by Joseph Pryor | Aug 21, 2023 | Articles, Knowledge
Renwick Fine Art Services Downtown Viewing Room38 Renwick Street, New York, NY, 10013 Downtown Viewing Room Services: Half a day rental: $300Full day rental: $500After hours rental: $1000, or $250 an hourInquire about available roof deck garden Notes: All rental...
by Joseph Pryor | Mar 27, 2023 | Articles, Knowledge
Renwick is pleased to be able to sponsor Downtown Gallery Map featuring New York Art galleries. They are divided by neighborhood and a pdf can be download. See: DownTownGalleryMap and enjoy your art.
by Joseph Pryor | Mar 26, 2023 | Knowledge
Sales tax in New York City (NYC) is a tax that is levied on the sale of most tangible personal property, as well as certain services. The sales tax rate in NYC varies depending on the location of the transaction and the type of product or service being sold. In NYC,...
by Joseph Pryor | Mar 26, 2023 | Knowledge
The mere mention of “sales taxes” may send shudders through an artist who would prefer to work eight hours in a studio than spend 15 minutes crunching numbers. On the other hand, if an artist is worried about “sales taxes,” it also means something quite fantastic:...