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Monthly Archives: March 2012

via Hyperallergic

LOS ANGELES — The Polaroid is deadLong live the Polaroid. They used to be a staple at any gathering, and then one day, they weren’t. Those tangible remembrances of fine times had soon turned into cell phone camera snaps and then Facebook and Flickr albums. And now they’re Instagram pictures.

Enter Instaprint, a new Kickstarter project which aims to bring back something like the Polaroid, with a physical document of your photos.

Instaprint is a location based photo booth that can transform parties and events by putting a camera in everyone’s hand. By setting Instaprint to look out for specific locations or hashtags, any Instagram tagged appropriately will automatically be printed out on inkless paper. Get one for your next party, event, wedding, fiesta or anything you like.

Unlike Instagram, which is free, Instaprint has a hefty starting price of $399. Which is why Breakfast studio is aiming to raise $500,000 on Kickstarter to launch the product. They also have a live feed of an actual Instaprint that will take your photos and print them, showing just how easy it is once it’s set up.

I could see this being most fun when implemented at a gallery opening or afterparty. On weekends, I’m already transported to a half dozen parties around the world thanks to Instagram. It’s great to see a product that makes photos local again and gives us something tangible to take away.

So far, the Instaprint Kickstarter project has raised $155,000 of its $500,000 goal with 39 days to go. You can see this project, along with others on Hyperallergic’s Kickstarter page.

Eddie Colla will be releasing a new set of nine original pieces of art, titled HK, available at fiftyseven-thirtythree.  These nine pieces were featured at Telegraph Art Cafe for February’s installation of Oakland Art Murmur. The first 3, titled, Air, Air City, and Rolex Tudor, will release Wednesday, March 28  on the fiftyseven-thirtythree Website.  They are all original artwork and one of a kind on wood panels.  The other 6 pieces will be released in 2 sets of 3 at later date to be named in April 2012.

For updates on the release, here is a link to the Facebook event.

via Newser

(NEWSER) – Wall Street firms may soon have a new gig: landlord. A number of them are looking into getting directly involved in real estate, buying up foreclosed properties from Fannie Mae in bulk, reports the Wall Street Journal. They couldn’t then flip the houses—per the deal, they would rent out the properties and not resell them for several years, in an attempt to unclog the housing market. And that arrangement likely sounds fine to many investors: Goldman Sachs economists pegged the annual yield on rental units at a 6.3% average nationwide, though that figure topped 8% in some areas; mortgage bonds, meanwhile, are yielding about 3%.

The planned bulk sale is not huge: eight pools that contain a total of 2,500 houses, worth about $320 million. “We’re investing a lot of capital, a lot of time, with the expectation that this is a very small beginning to a very big movement,” said the head of one securities company considering buying. But will the bids be too low, or will investors make healthy offers in the hopes of convincing Fannie Mae that bulk buys are the way to go? On the investor side, one warns that it’s tough to get a “responsible return on capital” due to the costs associating with renovating and managing the properties. Bids are due next month.

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