Source: The Business Journals

Rubell Family Collection: Art museum to relocate, sell Wynwood property

The Rubell Family Collection announced the relocation of its private museum to Miami's Allapattah neighborhood from Wynwood, where its property will be listed for sale. The move follows a trend of local artists being priced out of neighborhoods undergoing massive redevelopment, such as the Miami arts district, and discovering emerging neighborhoods where rents are less expensive. But the Rubell family is a land owner, so it could cash out on the move thanks to rising property values in Wynwood. Allapattah...

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