"Berlin Artist Community Enraged by $35 Million Sale of Studio Complex as Gentrification Debate Intensifies.
Dozens of Berlin artists are worried about the future of their workspaces following the purchase of the Uferhallen studio complex by a private conglomerate. The landmark building in the northern district of Wedding, which was owned by the city of Berlin until 2006, houses the studios of major artists including Monica Bonvicini, John Bock, and Katharina Grosse. The €30 million ($35.4 million) deal was finalized last Wednesday.
According to local newspaper Der Tagesspiegel, the new owners are rumored to include the investment company Augustus Capital and brothers Oliver and Marc Samwer of venture capital firm Rocket Internet. The city of Berlin had submitted an offer to buy back the property it sold to a joint-stock company in 2006, but withdrew as the asking price escalated.
In a city that is rapidly changing, the Uferhallen studio complex is the latest flash point in an ongoing debate over commercialization and gentrification. Located in a former bus depot, the 200,000-square-foot, heritage-listed complex houses approximately 50 studios.
Artists first voiced concerns over the commercialization of the property two years ago, after the previous owners temporarily leased a section of the site to sportswear giant Adidas; the company turned the facility’s exhibition space into an indoor soccer complex. Now that the entire building has been sold to private investors, many artists are fearing the worst."
Black mirror malevolence from the darkside. Three dread epics, unmistakably Mark: impossibly stealthy yet cunningly ruthless. Junglist noir for the malaise in us all. Proper rollage; killer instinct. Rude AF.
released January 29, 2018
Written and produced by Mark.
Mastered and cut by Mike Grinser at Manmade, Berlin.