Residential World Media awards Park West Gallery a $3 million agreement for fine art

 In Uncategorized

Park West Gallery

Park West Gallery has been selected by real estate company Residential World Media to be an art supplier for its New York corporate headquarters, its clients and its employee partners.

Residential World markets and sells real estate without commissions and provides households with products to use in their everyday lives through a network of advertising sponsors. With this new $3 million agreement, Park West Gallery will assist in curating these properties.

“We chose Park West Gallery because they are not only the world’s leading provider of fine art, but are also an industry leader in providing phenomenal guidance on art acquisitions and disposals to both well-versed and new art collectors,” said Fidel Jenkins, chairman and president of Residential World Media. “Also, Park West’s clientele via cruise ships is vast and diverse, which is similar to demographics in the real estate industry.”

Like Park West Gallery’s visionary approach to the art world, Residential World Media takes an innovative approach to the real estate market. The company monetizes through ad sales, allowing it to provide full service real estate brokerage that markets and sells property at no cost. Thanks to a $30 million agreement with Sony, Residential World Media operates a state-of-the-art full service production company to produce video commercials of available properties.

The company gives buyers and renters up to $50,000 in products and services from its advertisers as incentives to use its services.

“We are very proud to be partnering with this exciting new company,” said Albert Scaglione, founder and CEO of Park West Gallery. “We believe our vast offerings of art will play an important role in helping to realize Residential World’s new concept of marketing real estate, which may revolutionize the way people rent and purchase property in the future.”

By utilizing a user-friendly video network and search platforms, potential buyers or renters can instantly access property listings and videos that include information about all aspects of every neighborhood, community, subdivision, homeowner associations and even shopping centers, schools and demographics.

Residential World Media’s long-term plans include up to 6 million square feet of shopping mall space. When finished, the company will fly clients who close on a property or purchase or sign a lease to this mall space so they can shop in person for products provided by company partners.

Residential World’s partners are given exclusivity in their product category while gaining access to buyer and renter profiles that include verified information on all products and services they currently use and will buy over the course of a year.

Recommended Posts
Showing 9 comments
  • Tinna
    Reply

    Best gallery i`ve ever visted! Tinna

  • Debrah Williams-Boone
    Reply

    This is a win-win for all involved!

  • John K
    Reply

    I have never heard of Residential World, however, congrats on this $3 million contract and I will do some research on RW.

  • Steve Fields
    Reply

    I was intrigued by the comment that Park West Gallery is the leading consultants on the aquisition and disposal of fine art. No one at Park West has ever advised me on how to dispose of fine art! They will not tell me how they acquire art to sell to us, when asked. It amazes me that they allegedly have no acquisition department. One would think that Park West would like to acquire sold out fine art, but that is not the case!

  • Wilma Grant
    Reply

    Sincerest congratulations to both firms. This article promises more wonderful art for all types of buyers and art appreciators worldwide. I love the fine art I have received from Park West – others should be exposed to and find art treasures to enjoy for a lifetime.

  • Steve Whitmarsh
    Reply

    Steve Fields is correct and I also think Park West would want to acquire art works. Maybe they can start a secondary business to provide that service. I would much rather deal with Park West to sell works I have acquired rather than deal with other Galleries.

Leave a Comment

Follow Us

for breaking news, artist updates, and special sale offers

Park West Gallery candg newspaper