Jean-Michel Basquiats Dad Leaves Behind Sons Art, and Tax Problem - TopicsExpress



          

Jean-Michel Basquiats Dad Leaves Behind Sons Art, and Tax Problem - Boerum Hill - DNAinfo... Gerard Basquiat spent the last 25 years of his life overseeing his late sons legacy. Stephen Torton, the artist’s assistant between 1982 and 1983, said Gerard’s tenacity helped send the prices of Jean-Michel’s art soaring. “I think he did an incredible job of making sure his sons work was not sold cheaply,” Torton told DNAinfo New York. “You could not publish anything that included Jean-Michel without his approval. … He really ran [Jean-Michel’s estate] like a kingdom. He wasnt a compromiser and a sharer.” Chaired by Gerard, the committee reviewed hundreds of submissions each year, determining whether a painting or a drawing was a true Basquiat. If certified, the piece of art’s value could skyrocket. Those deemed phonies became worthless. dnainfo/new-york/20130905/boerum-hill/jean-michel-basquiats-dad-leaves-behind-sons-art-tax-problem
Posted on: Wed, 20 Nov 2013 04:39:04 +0000

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