Developer Silverstein Properties funds a new artist residency at 3 World Trade Center

As rents and costs of living continue to rise in the city, artists have an increasingly hard time finding affordable studio space—particularly in Manhattan. In an effort to help struggling artists, a new artist residency is launching at 3 World Trade Center this fall. Funded by developer Silverstein Properties, Silver Art Projects is a “corporate social responsibility initiative” that will host 30 artists every September for up to eight months, providing them with 44,000 square feet of free studio space on the 50th floor of the building.

The program is co-founded by Cory Silverstein and Joshua Pulman, who worked at Goldman Sachs and currently runs product strategy at art investment fund Arthena. The two met at college, bonded over their shared passion for art, and began to question how real estate could be leveraged to support the art community.

“As a real estate development company with properties primarily in Manhattan, we see how the artistic community is being pushed further into the boroughs to find affordable studio space,” noted Silverstein in a statement. “Silver Art Projects will foster a continual dialogue around contemporary art in the financial district,” added Pulman. “It’s a chance to bring talented artists into this corporate hub and engage these two worlds.”

Artists will be selected by a rotating jury of fellow artists, curators, and neighborhood leaders. The first jury is made up Isolde Brielmaier, executive director and curator of arts, culture & community at Westfield World Trade Center, Evan Moffitt, associate editor of frieze magazine, and Nicola Vassell, founder of Concept NV and curatorial director of the Dean Collection. Applications are open through July 31 and artists of all disciplines are encouraged to apply.

3 World Trade Center, an 80-floor tower designed by Rogers Stirk Harbour + Partners and completed last year, has a total square footage of 2.5 million with existing tenants such as GroupM, IEX, and McKinsey.

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Rendering of artist residency by Roy Nachum; images courtesy of Silver Art Projects