Tag Archives: Artwork

Hospitality Industry Theft Risks: Valuable Original Artwork Stolen From Los Angeles Hotel Located After "News Coverage" Leads To Tip; Hotel Security Video Holds Key To Finding Suspects (Video)

“We got an anonymous tip because there was so much news coverage…That really was the turning point. The news coverage led people to call us and say, ‘Hey, I’ve seen this, and this is where I’ve seen it.’

[youtube=http://www.youtube.com/watch?v=o-PNBTI5Crw&feature=player_embedded]

“…High-tech specialists are scouring hotel security video, and authorities may release a sketch or stills of the suspects later this week or next week…”

 

Owners of the drawing, known as “The Judgment,” verified just after midnight that the recovered 11 X 16 inch pen-and-ink artwork was indeed the original that had vanished from an exhibit on Saturday night, said Steve Whitmore, spokesman for the Los Angeles County Police Department.

An anonymous tip led investigators to the church around 7 p.m. on Monday. Experts from the Linearis Institute, which owns the drawing, later verified its authenticity, he said.

There are no suspects in custody, and authorities are not commenting on how the drawing — valued at $250,000 — ended up at the church on Ventura Boulevard in the city about 25 miles from Los Angeles. They also are not confirming the name of the church.

The drawing was in “a building on the church grounds, not in the sanctuary,” Whitmore said. It wasn’t hanging on a wall or otherwise displayed, he said.

For more:  http://www.reuters.com/article/2011/08/16/us-rembrandt-heist-california-idUSTRE77F49620110816

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Filed under Crime, Insurance, Liability, Management And Ownership, Risk Management, Technology, Theft

Hospitality Industry Theft Risks: New York Hotel Has Valuable Painting Stolen From Lobby As "Surveillance System" Identifies Man Walking Out With Covered Object

“…A video surveillance shows a man walking into the swanky building then coming out a short time later with a bag not visible in the first clip”…

An art thief made off with a painting worth a reported $350,000 from the Upper East Side’s posh Carlyle Hotel early Tuesday morning. The Fernand Leger painting, which went missing from the lobby hallway, was on loan from the Helly Nahmad Gallery located inside the hotel’s swanky Madison Avenue building.

“The Carlyle’s security personnel reported the painting missing at 3:30 a.m. to the 19th Precinct as well as the gallery owner,” a hotel spokeswoman said. “A complete investigation is now in process.”

The 1917 ink-on-linen by Leger — a French artist who was part of the Cubism movement — was apparently only 10-inches-by-8-inches. The Madison Avenue landmark, a favorite for presidents and prime ministers, boasts of itself as “a showcase great art, a purveyor of privacy and a sanctuary of luxury and refined taste,” on its website.

Read more: http://www.dnainfo.com/20110629/upper-east-side/art-thief-swipes-fernand-leger-painting-at-carlyle-hotel#ixzz1QmBxtyM0

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Filed under Crime, Guest Issues, Insurance, Liability, Management And Ownership, Risk Management, Theft

Hotel Industry “Art Insurance” Issues: Hotels Are Increasingly Hanging “Real Artwork” In Lobbies And Hallways To Please More Discriminating Clientele

“Hoteliers are not only trying to come up with a theme or a style that attracts customers, but they are approaching it in a much more professional and involved way,” said Sean Hennessey, chief executive of Lodging Investment Advisors, a consulting firm in Valhalla, N.Y.

“It used to be that you could get away with just slapping something up in the lobby,” he added, “but more and more customers are looking and evaluating it much more closely.”

For the James, meeting that demand has meant trying to reflect the artistic microclimate of SoHo. Though many of the artists who once made the area a creative mecca have fled, an emerging art scene is still represented through nonprofit institutions there that support artists and show their work.

Denihan Hospitality Group, which is developing the hotel, operates another James Hotel in Chicago that is also dedicated to emerging art. At the Surrey, one of its New York hotels, work by established names like Jenny Holzer, Claes Oldenburg and William Kentridge nods to its location on East 76th Street, near major art showcases like the Whitney Museum of American Art.

For more:   http://www.nytimes.com/2010/08/30/nyregion/30hotelart.html?src=me

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