Fairholme Unlimited, a nonprofit foundation started by equity fund manager Bruce Berkowitz, announced today that Rene Gonzalez Architect has been named to design its new building in the Edgewater neighborhood of Miami. The building, on Twenty-Sixth Street between Biscayne Boulevard and Northeast Second Avenue, will serve exclusively as the headquarters for the foundation and its collection, and will be open to the public when finished. Gonzalez’s Miami-based firm has previously worked on many substantial residential and cultural projects, including the redesigned Cisneros Fontanals Art Foundation in downtown Miami. James Turrell’s 2013 installation originally created for the Solomon R. Guggenheim Museum, Aten Reign, and Richard Serra’s 218-foot-tall Cor-Ten steel sculpture Passage of Time, 2014, will both feature prominently within the building’s design.
The foundation has also announced that Dennis Scholl, Gabriela Palmieri, Margaret Marquez, and Kevin Schwarte will join its board of directors. They will work in close collaboration with Chloe Berkowitz, Fairholme Unlimited’s president. Gabriela Palmieri, the new chairman of the board, is the founder of Palmieri Fine Art, Inc., a newly established art advisory and collection-building company based in New York City. Prior to establishing PFA, Inc., Gabriela spent seventeen years at Sotheby’s, where she rose to the position of chairman of contemporary art, Americas.
Dennis Scholl is a prominent art collector and the newly appointed president and CEO of Art Center South Florida. He has served on the boards and executive committees of the Aspen Art Museum; the Museum of Contemporary Art, North Miami; the Pérez Art Museum; and the Linda Pace Foundation. Scholl and his wife, Debra, recently received the National Service in the Arts Award from the Anderson Ranch Art Center.
Margaret Marquez is an interior designer from Miami who has run her own company for the past twenty-five years. Her work has been published in books and magazines including Beth Dunlop’s Miami: Mediterranean Splendor and Deco Dreams (2007) and the Miami Herald.
Kevin Schwarte is a real estate developer who has worked in the construction industry for more than twenty years on projects ranging from luxury condominiums and affordable housing in South Florida to hospitals, biotech facilities, and offices. Schwarte is often retained as an expert in complex business litigation issues that are affiliated with the construction industry.
Bruce Berkowitz founded Fairholme Capital Management in 1997 and is a former senior portfolio manager at Lehman Brothers Holdings and managing director of Smith Barney. He created the nonprofit Fairholme Unlimited in 2013, and, according to the foundation’s website, “a generous portion of Fairholme Capital Management’s profits are donated to the Fairholme Foundation.”