One thing that is now universally appreciated is Basquiat’s importance as an artist. Institutions were slow to understand his work and he is woefully under-represented in museum collections. In his recent monograph, The Art of Jean-Michel Basquiat (published by Enrico Navarra Gallery, New York), Fred Hoffman writes that in the year following Basquiat’s death, Herbert and Lenore Schorr offered the Museum of Modern Art in New York the opportunity to choose a painting from their collection as a gift. “The museum replied that having a painting by Jean-Michel Basquiat was not even worth the cost of the storage.”