Lindsay Pollock is reporting that the Basquiat estate is doing a little housekeeping:
The notoriously private Basquiat estate, headed by the late artist’s father Gerard Basquiat, is selling several artworks this spring at Sotheby’s. While the works are said to be mostly minor examples, the sale itself is usual. The estate rarely sells artworks, according to sources. Income is mainly derived from royalties from merchandise and products.
Basquiat Estate Sells at Sotheby’s (Lindsay Pollock)