Artist claims burst water pipe ruined $25M in paintings — and insurance company is only offering $9K

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US News,Artists,Insurance

Today's Video Headlines: 09/20/24

A Mexican artist whose Meatpacking District gallery was flooded by a burst water pipe claimed his insurance company is only shelling out a measly $9,000 for paintings worth $25 million, according to a lawsuit.

“Palmarius Colors,” which Cabrera created during the pandemic with fellow artist Domingo Zapata, had been exhibited in 28 countries and was the main draw at the gallery, Cabrera said in court papers. Squatters overtake abandoned mansion belonging to MLB team owner's son — as neighbors fear for their safety

“The Palmarius series is of deep personal significance for Enrique. Having created these works during one of the most challenging periods of his life, as the world was grappling with a pandemic.”

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