Graffiti haven might be leveled
March 7, 2011, Gothamist
It could truly be the end for the iconic 5 Pointz graffiti mecca in Long Island City: the graffiti-caked artist space may soon be bulldozed and resurrected as high-rises, restaurants and retail stores.
The building’s owner, developer Jerry Wolkoff, told the News that he met recently with city planning officials to discuss replacing it with two high-rise residential towers and up to 1,300 rental units. He also said his plans include a mix of shops and restaurants, a supermarket, an open-air concourse between the towers and a park, as well as a studio space for artists. Because Wolkoff’s plans require the taller of the two high-rises to rise above 40 stories, it will require a special permit and likely a zoning change, which means the changes must be approved by the city’s zoning and land-use review process. He expects to submit a formal proposal to the city in the next two weeks.
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