High-powered family doubles down on Naplesbased holdings
August 13, 2018
A few times a week, Bruce Barone Jr. looks out his office window on the 600 block of Fifth Avenue South in Naples and spies a couple taking a photo next to the statue out front.
The bronze sculpture is of a man wearing a suit, looking down at the bottom of his shoe, likely at something unpleasant. The piece, “It Happens,” is by Jim Rennert of Salt Lake City, Utah.
Mr. Barone sees more than a funny photo-op.
“We’re talking about visual layers,” said Mr. Barone, CEO of the Fifth Avenue South Business Improvement District. “The BID is bringing these gorgeous hanging baskets, the city is cultivating the landscaping on the street, and the Hoffmanns are bringing the sculpture.”
Priced at $85,000 at The Englishman Fine Art, along the 300 block of Fifth Avenue, the sculpture was purchased and placed on the street by Hoffmann Commercial Real Estate, the city’s number one landlord.
David Hoffmann and his son, Greg Hoffmann, have been buying up property along Fifth Avenue South and Third Street South for a few years.