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Started By
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re: Are These Claims About Nola Business Legit?
Posted on 1/28/20 at 11:21 am to Jibbajabba
Posted on 1/28/20 at 11:21 am to Jibbajabba
A couple i know might singlehandedly be keeping Michalopoulos in business.
Admittedly, his stuff is pretty cool though.
Admittedly, his stuff is pretty cool though.
0
Posted on 1/28/20 at 11:34 am to Jibbajabba
When it comes to city business industries that launder money, I mean, art galleries aren't even in the top 10.
For the people that own them, sales of art in the gallery isn't their only source of income. Many of them are artists themselves and are selling their own art. Many of the galleries rent out their space for fancy parties. Many of them are owned by people who are rich from other areas and don't need to make money from the art gallery.
For the people that own them, sales of art in the gallery isn't their only source of income. Many of them are artists themselves and are selling their own art. Many of the galleries rent out their space for fancy parties. Many of them are owned by people who are rich from other areas and don't need to make money from the art gallery.
Posted on 1/28/20 at 11:41 am to Jibbajabba
quote:
A buddy of mine made an assertion that most of the art galleries in downtown Nola are there primarily to launder money.
Only one way to find out.
Go by one with about 10 grand in a paper bag and explain to the owner that you are in the "concierge pharmaceuticals" business and that you are interested in making some "alternative investments" that "greatly minimize your tax exposure and reporting requirements" and see what they recommend.
Be sure to broadly wink while you're explaining that.
Posted on 1/28/20 at 11:49 am to Jibbajabba
quote:
A buddy of mine made an assertion that most of the art galleries in downtown Nola are there primarily to launder money
Art galleries not so much. Arcades, Laundromats and Casinos are where the real money is laundered.
Posted on 1/28/20 at 11:49 am to LSUrme
quote:
Art in general is mind-blowing to me in terms of pricing.
There's a whole gallery on Royal of James Dean Pete the Cat originals. I thought I'd stop in one day and drop $200-$300 on a small canvas for my son's room. $3,500! For a fricking cartoon character. I walked out of there pretty quickly.
Posted on 1/28/20 at 12:00 pm to Jibbajabba
It’s one claim, singular.
Posted on 1/28/20 at 12:27 pm to Jibbajabba
you're buddy is stupid ... and that's legit.
Posted on 1/28/20 at 12:31 pm to Jibbajabba
I wonder how much of the “high dollar” New Orleans art is bought by Asian tourists
Posted on 1/28/20 at 1:10 pm to Jibbajabba
My dad says the same thing about Indian restaurants.
Posted on 1/28/20 at 1:15 pm to LSUrme
quote:
rt in general is mind-blowing to me in terms of pricing. I can find something I think is great and it's a few hundred bucks, or find a pencil drawing that looks like it's from a 4th grader and it's worth $500K.
Yep. Andy Warhols soup can sold for over 11 million and I see little difference between that and my sons 4th grade drawing of a Tabasco bottle.
Posted on 1/28/20 at 1:57 pm to Jibbajabba
Just duct tape a banana to a wall, and you're in business.
Posted on 1/28/20 at 1:59 pm to tigeralum06
quote:
Yeah, they launder money from dumb tourists.
I don't understand this statement? Do you know how laundering even works?
Posted on 1/28/20 at 2:01 pm to notiger1997
quote:
Hell I had a friend that I don't consider that rich who dropped $15K in one shop over a two month period.
Hopefully he’s just really humble and doesn’t tell people he’s rich because that’s just retarded.
Posted on 1/28/20 at 2:03 pm to LSURussian
Not sure why you laugh at that statement. It might not be to you or because you might live in South Louisiana and see it different that people from other areas of the world, but it is known for its art and culture.. Internationally
Posted on 1/28/20 at 2:12 pm to Jibbajabba
I successfully negotiated this one down from 6 figures to the high 5 figures.
Funny thing is, I've not seen that guy on Royal in a while...
Funny thing is, I've not seen that guy on Royal in a while...
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