Proceeds will support both individual artists and arts organizations
November 27–December 11, 2012
In response to the devastating effects of Hurricane Sandy on the arts in New York, Paddle8 has teamed up with Creative Time and New York Foundation for the Arts (NYFA) to hold RE.START, an online auction benefiting artists and arts organizations affected by the storm. Beginning November 27 and continuing through December 11, 2012, RE.START will offer thirty lots featuring works by some of the leading international artists of our day, many of whom have set new records at the recent auction week. These include Ai Weiwei, Tauba Auerbach, Nobuyoshi Araki, Dan Colen, David Hockney, Nate Lowman, Beatriz Milhazes, Takashi Murakami, Yoshitomo Nara, Gabriel Orozco, Kiki Smith, Hiroshi Sugimoto, and Aaron Young, among others.
All commissions from the sale will be donated to storm relief efforts, with Creative Time distributing half the money raised to nonprofit art organizations and NYFA allocating the other half to individual artists in need. NYFA’s portion of the proceeds will be added to an emergency relief fund it established for individual artists in Connecticut, New Jersey, and New York, to be distributed every two weeks through an online application reviewed by panelists from the impacted states. At Creative Time, the Board of Directors has agreed to match online donations to the Creative Time year-end appeal and contribute that amount to the total raised by the auction.
The RE.START auction will mark the launch of Paddle8′s new themed auction platform. This platform will offer a monthly themed auction to benefit a nonprofit partner, with lots consigned by the Paddle8 community. The platform offers consignors a new destination to buy and sell fine art works with low commissions for vendors and buyers, no publicly disclosed auction records and the ability to consign works remotely.
About Paddle8
Paddle8 is the auction house of the online world, supporting nonprofits through benefit and themed auctions. Founded by Alexander Gilkes, an auctioneer and LVMH veteran, and Aditya Julka, a Harvard Business School MBA and serial entrepreneur. Paddle8 is funded by Founder Collective, a prestigious venture fund, and Mousse, a family office affiliated with a major luxury brand.
About Creative Time
Since its founding in 1973, Creative Time has presented the most innovative art in the public realm. The New York-based nonprofit has worked with thousands of artists to produce more than 335 groundbreaking art projects that have ignited the public’s imagination, explored ideas that shape society, and engaged millions of people around the globe. A vanguard presenter of public art in New York, Creative Time recently began presenting national and global projects and initiatives, making it the only public arts organization with programs that have reached from New York to New Orleans, Haiti to Hanoi, and Dubai to Denver. These projects further Creative Time’s belief in the importance of artists in society and the power of art to raise consciousness, expose injustices, and imagine a better world. For more information, visit www.creativetime.org.
About New York Foundation for the Arts
The New York Foundation for the Arts (NYFA) was founded in 1971 to empower artists at critical stages in their creative lives. Each year we provide over 1 million USD in cash grants to individuals and small organizations. Artspire, our fiscal sponsorship program, is the largest and most established in the country and helps artists and organizations raise and manage over 3.5 million USD annually. Our NYFA Learning programs provide thousands of artists with professional development training and our website, NYFA.org, received over 1.5 million unique visitors last year and has information about more than 10,000 opportunities and resources available to artists in all disciplines.
For information about the auction and Paddle8, contact Michelle Finocchi:
michelle [at] michellefinocchi.com / T 973 452 3283.
For Creative Time, contact Jessica Shaefer: jessicas [at] creativetime.org / T 212 206 6674, ext. 222.
For NYFA, contact Michael Royce: mroyce [at] nyfa.org / T 212 366 6900.
