SpareFoot: UOVO Prepares for 4th NY Facility
NY-based UOVO, is gearing up to open its fourth art storage location in the New York City area. Steve Novenstein, CEO of UOVO said the company plans to spend $80 million to $100 million to develop the three-story, 150,000-square-foot UOVO: BROOKLYN facility. It’s set to open in the fall of 2019 in Brooklyn’s artsy Bushwick neighborhood. UOVO offers climate-controlled, museum-caliber storage for clients such as artists, art collectors, art galleries, fashion designers, fashion houses and museums, in addition to private viewing rooms and a digital inventory setup. Aside from art and clothing, UOVO stores antiques, musical instruments, manuscripts and other valuables.
“Art and collections storage is a niche market, and client relationships are built on trust,” Novenstein told the SpareFoot Storage Beat. “Most of the demand for UOVO: Brooklyn came from our existing clients.”
Read the entire article on the SpareFoot website.