Meir Panim’s Tiberias Free Restaurant not only provides warm meals, but the opportunity to socialize as well.
In an effort to stave off financial disaster, an elite group of economically- challenged American Jewish businessmen, investment firms and private individuals have put some of their most prized art collectibles up for sale via Israel’s Matsart auction house.
Several of the sellers have reportedly been decimated by the sub-prime real estate market and Wall Street crises.
On Sunday, November 30, hundreds of local art aficionados will flock to Jerusalem’s King David Hotel, where Matsart will unveil 52 renowned paintings – including works from Pablo Picasso, Camille Pissarro and Ludwig Blum – for sale to the public. The auction, to be telecast worldwide via the artonline.co.il website, is expected to raise millions of dollars for Matsart’s clients. The auction also has a tzedakah component, as 10 percent of the proceeds will be donated to outreach organizations across Israel.
A Matsart spokesperson told The Jewish Press, “Some of the consignors are looking to raise capital for the daily running of their businesses, as well as to have access to hard cash to capitalize on possible investment opportunities. Some other businessmen and private individuals are preparing for the worst by requesting that monies from the sale of their artworks be placed in their private Israeli shekel bank accounts.”
The famous Camille Pissarro painting that will be auctioned off in Jerusalem this weekend
From an art collector’s perspective, the availability of rare masterpieces that had been off the market for years is a much hoped for opportunity for those who can afford them. “Some of the masterpieces are being offered for the very first time, and Israel is known as a great venue for art collectors from around the world,” added the Matsart spokesperson.
Matsart Auctioneers and Appraisers was established in 2006 as the outcome of a merger between Ramat Gan-based Matsa and the Lucien Krief Gallery in Jerusalem. The company holds at least three art auctions per year, showcasing over 1,000 artworks. Matsart has over 7,800 collectors and investors worldwide who receive their fine art catalogs, with nearly half of the potential buyers residing in North America.
According to Matsart, both the Picasso and Pissarro paintings are expected to fetch well over a million dollars apiece for their consignors. However, no one can gauge the exact selling price within the unpredictable bidding process. Nevertheless, the earned monies will be used to prevent several unnamed prominent members of the American Jewish community from falling into a financial abyss.
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Last month’s column sketched the myriad of social programs in which the Orthodox American communal worker and leader Adolphus S. Solomons (1826-1910) was involved. Adolphus married Rachel Seixas Phillips (1828-1881), a descendant of colonial patriot families and together they had eight daughters and a son.
This year’s parade, the 87th annual extravaganza of marching bands, floats, and giant balloons, featured something really unique and different: a balloon/float of a large blue dreidel.
Just like you
I too have a soul
A soul that is G-dly
Just like you.
Now my friend
I ask you,
Am I different from you?
It’s not Chanukah without latkes! That’s true; but don’t make the same boring latkes this year. Go for something healthier, more vibrant, and flavorful.
Each year at our family Chanukah party, we try to introduce a new activity, to keep things fun and exciting for the children and adults alike. Last year’s addition – a huge hit – was a menorah-making contest.
Prof. Malka Schaps was born Mary Kramer, a Protestant, in Cleveland, Ohio. When she was sixteen, she started questioning the rationale of moral conduct: Why be good?
Honestly, it would be hard to choose the one area that could win the title “the most dramatic site” in Eretz Yisrael. However, one strong candidate has to be Gush Etzion.
Keep in mind that people sometimes distance themselves from family in order to – in their view – protect their marriage.
From the time we are small, we are taught to have good manners and to “be nice.” Our parents teach us that we need to exhibit kindness and be polite. When someone asks something of us, we are supposed to do our best to accommodate him or her.
I have a background in counseling, and I can say that the biggest mistake that I ever made was refusing psychological help after we lost the twins. I was trying to keep my tough-guy facade going, and convinced myself that I could deal with the pain.
In yet another sign of how popular kosher products have become, a symposium on kosher food production and certification recently took place in what may seem a most unlikely location: Hawaii.
The Los Angeles County Board of Supervisors has appointed attorney Andrew Friedman to the Commission on Local Government Services. L.A. County Supervisor Michael D. Antonovich presented the motion of appointment.
JERUSALEM – As the Iranians move closer to acquiring a nuclear bomb, an unprecedented meeting and a startling admission have buttressed Prime Minister Benjamin Netanyahu’s assertions that President Obama’s Iran policy is alienating America’s Mideast allies.
JERUSALEM – For the first time since Israel’s founding in 1948, a high-ranking member of the Saudi royal family has publicly acknowledged that a country other than Israel is “the real danger” in the Middle East.
JERUSALEM – The public dispute between Israeli Prime Minister Benjamin Netanyahu and Secretary of State John Kerry extends beyond the issue of Iranian nuclear compliance. Sources report that Netanyahu and Kerry have had several heated arguments behind closed doors about the course of America’s Middle East foreign policy as it relates to Iran, the peace process with the Palestinians, Hizbullah, Syria, and Hamas.
I love being in Jerusalem. The first time I visited the Holy City and the Western Wall I was filled with overwhelming joy. God is everywhere, but I feel his presence especially strongly in Jerusalem.
JERUSALEM – Despite prolonged diplomatic efforts by much of the international community to convince Iran to halt its uranium enrichment program, a prominent former member of the International Atomic Energy Agency (IAEA), along with a respected think tank, have confirmed what Israeli Prime Minister Benjamin Netanyahu has told the U.S., EU and UN: Iran has essentially “passed the point of no return” and is only weeks away from assembling a nuclear weapon.
JERUSALEM – As of Tuesday afternoon, election experts in Israel were tabulating ballots cast by millions of citizens in major municipalities across the country. Orthodox and Anglo voters were expected to play influential roles in the Jerusalem and Beit Shemesh outcomes.
JERUSALEM – As the U.S., EU and UN restart negotiations with Iran to find a diplomatic solution to Iran’s nuclear weapons program, Israel’s political and military policymakers heightened their rhetoric and increased their military preparedness this week. This strategy is meant to convince the world that Israel is prepared for any eventuality.
Printed from: http://www.jewishpress.com/sections/features/financially-strapped-jewish-elite-auctioning-their-masterpieces-in-israel/2008/11/26/
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