Sunday, November 12, 2017

What Happened to the Money?

Since Marina Abramovic announced last month that she would not be pursuing her grand plan to transform the former Community Theatre on Columbia and Seventh streets into the Marina Abramovic Institute, many have wondered what would become of the $2.2 million she had raised for the project, in particular the $660,000 raised in a Kickstarter campaign to which some Hudsonians had contributed.


Yesterday, it was reported in the New York Post that Abramovic will not be giving the money back. According to a spokesperson, it has already been spent to pay Dutch architect Rem Koolhaas for the proposed design for the dramatic conversion of the building, which now will not happen: "Marina Abramovic raised $2 million for canceled art project, hasn't given money back."


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5 comments:

  1. She probably spent it all at Bergdorfs.

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  2. somewhere someone might be saying "those columns, those columns, I must have those columns"

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  3. Soon, donors can tell her how they really feel... assuming she follows through on this very Abramovic event:

    "Marina will personally thank all those who contribute to the creation of MAI by hugging every backer of this Kickstarter at a live event called THE EMBRACE. This event will be held in two undisclosed locations, one in New York City and one in Europe, with exact dates and times to be announced. MAI Founders who are unable to attend these events will be offered a special reward in lieu of a hug from Marina."

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  4. 2.2 MIL today = small scandal! Rem Koolhaas probably accounts for at least half ... feasibility studies are not cheap especially by POP architects. Marina hugs will probably satisfy the types that donated to this pipe dream ... like kissing the popes ring.

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