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Tuesday, 24 October 2006

Chris Botti

Posted on 11:55 by Unknown
I read an article in Forbes about Chris Botti.  His studio, based in Evanston, Illinois (near Chicago), designs/restores/preserves stained glass, mosaic, marble, paintings, and sculptures.
 
For example, he was hired to reconstruct the stained glass ceiling over the skylight at the Plaza Hotel in New York.
 
His studio has its roots going back to 1600's Italy.  His father's family started a studio in 1684, and his mother's family started theirs in the 1780's.   The families moved their studios to New York in 1923, and 1864, respectively.  The studios got merged in 1948, when Botti's parents married.
 
The interesting thing is that he has to bid on projects, just like architects or construction, except that, since the art is one of a kind, it is tricky to judge the labor costs, material costs, etc., and then stay on budget.
 
The article says that, if he bids well, he can net 3% - 5% pretax.
 
The article goes on to describe some other projects of his.
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