{"id":30143,"date":"2018-05-30T16:44:17","date_gmt":"2018-05-30T20:44:17","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=30143"},"modified":"2019-02-28T21:26:27","modified_gmt":"2019-03-01T02:26:27","slug":"told-you-i-could-sell-the-basquiat","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2018\/05\/told-you-i-could-sell-the-basquiat\/","title":{"rendered":"Told You I Could Sell The Basquiat!"},"content":{"rendered":"<div id=\"attachment_30087\" style=\"width: 156px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2018\/05\/basquiat.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-30087\" class=\"wp-image-30087 \" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2018\/05\/basquiat-300x293.jpg\" alt=\"image-basquiat\" width=\"146\" height=\"143\" srcset=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2018\/05\/basquiat-300x293.jpg 300w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2018\/05\/basquiat-768x749.jpg 768w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2018\/05\/basquiat.jpg 800w\" sizes=\"(max-width: 146px) 100vw, 146px\" \/><\/a><p id=\"caption-attachment-30087\" class=\"wp-caption-text\">Basquiat &#8220;Flesh and Spirit&#8221;<\/p><\/div>\n<p>We recently reported on a family squabble that pitted father against daughter. It came to a head over a painting once owned by Dolores Ormandy Neumann (wife and mother) who was a leading figure in the 1980s supporting New York&#8217;s local graffiti artists.\u00a0 Dolores passed away in 2016 and\u00a0<em>her\u00a0daughter Belinda was given the vast majority of Ms. Neumann\u2019s property and was appointed the preliminary executor of her estate shortly before Ms. Neumann died in 2016, according to Mr. Neumann\u2019s lawsuit<\/em>.\u00a0This included Basquiat&#8217;s\u00a0\u00a0<em>Flesh and Spirit<\/em> that Dolores purchased in the early 1980s for $15,000, and was the focus of a recent injunction brought by Dolores&#8217;s estranged husband, Hubert Neumann.<\/p>\n<p>It appears that on her deathbed, Dolores\u00a0<em>fully disinherited <\/em>her husband\u00a0claiming spousal abuse<em>, and the couple\u2019s other daughters, Melissa and Kristina, were left with only modest shares, the suit states. They signed affidavits supporting their father\u2019s lawsuit<\/em>. This all sounds a little fishy.<\/p>\n<p>Hubert attempted to halt the Basquiat sale at Sotheby\u2019s, claiming in Surrogate Court, that he was entitled to a third of the estate and outraged with Sotheby\u2019s low estimate of $30 million (just last year a work from the same period sold for $110.5 million).\u00a0 Shortly before the sale, the judge threw out the case and the Basquait brought $30.7 million.<\/p>\n<p>Source:\u00a0<a href=\"https:\/\/www.nytimes.com\/2018\/05\/08\/arts\/basquiat-sothebys-lawsuit.html\" target=\"_blank\" rel=\"noopener\"><em>Contested Auction of Basquiat Painting Can Proceed, Judge Rules<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We recently reported on a family squabble that pitted father against daughter. It came to a head over a painting once owned by Dolores Ormandy Neumann (wife and mother) who was a leading figure in the 1980s supporting New York&#8217;s &hellip; <a href=\"https:\/\/rehs.com\/eng\/2018\/05\/told-you-i-could-sell-the-basquiat\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":4,"featured_media":30087,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[207,20,11,32],"class_list":["post-30143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-contemporary","tag-auction-news","tag-auction-results","tag-rehs-contemporary-news","tag-the-dark-side"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Told You I Could Sell The Basquiat! - Rehs Galleries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2018\/05\/told-you-i-could-sell-the-basquiat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Told You I Could Sell The Basquiat!\" \/>\n<meta property=\"og:description\" content=\"We recently reported on a family squabble that pitted father against daughter. 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