Dennis Hopper is at the center of what may be the latest twist in the booming real estate market: high art high-rises.
Hopper was brought in last month to permanently install a number of his now-famous photographs in Marina del Rey’s Azzurra, a 19-story luxury building on the edge of Venice, where prices range from $600K to $4 million. At the same time, he was honored with an entire floor devoted to his own mixed-media works. “I’m very proud to be in this building,” says Hopper. “I think it’s great.”
And he’s not alone. Many of his artist friends who were based around Venice Beach in the 1960s and ’70s, including Ed Ruscha, David Hockney, Alexis Smith and John Baldessari, have either received floors of their own or have their work displayed in public areas. That works out to 160 prints and lithos now owned by Azzurra’s 450+ residents.
It’s a first, says veteran art appraiser Jacqueline Silverman. “I’ve never seen anything like it,” she says of the collection, estimated at $2 million. “You often see art in condominium projects, but never to this level. It’s really quite astounding.”
For Hopper, the project was first and foremost a chance to “pay tribute to the artists in L.A.”