Unfortunately, New York will be losing a visual art landmark all for the sake of real estate development. According to the Long Island City Post, the New York City Council approved G&M Realty's request to demolish 5 Pointz, the Queens graffiti locale, to build up 1,000 apartment units. That amount is 370 more units than what's permitted under current zoning rules, but they've received a special permit. Jerry and David Wolkoff, the owners of G&M Realty, have agreed to build about 20 artists studios, equating up to about 12,000 square feet. The space is expected to be available to local residents at reasonable rates.
There is a win in all of this. Developers agreed to offer the 5 Pointz graffiti group the chance to curate almost 10,000 square feet of art panels and walls within the buildings. The spraypaint sanctuary will be destroyed by the end of the year, and the first of the forthcoming two apartment towers should be completed by 2015.
The concrete canvas has been the backdrop the many a photo and video shoot, including that of rapper Jadakiss. Get a glimpse of 5 Pointz in his visual below.
Photo Credit: 5ptz.com