Jay Z Buys a Very New York Basquiat

Jean-Michel Basquiat, Mecca ($4-6m) $4.47m

The Post’s claim that the Qatari royal family bought the record Bacon last week has already been refuted by Acquavella gallery, so this latest report has to be taken with a grain of sale. Though one would expect the NY Post to have better sources among the New York rap community than the Gulf States aristocracy:

The Brooklyn-born rap impresario was the anonymous buyer of a quirky 1982 Basquiat painting titled “Mecca’’ at Sotheby’s in Manhattan last week, a source told The Post.

Jay Z snaps up $4.5M Basquiat painting | New York Post.