From the Queens Gazette:
The owner of the 5Pointz building is anxiously awaiting approval of a demolition permit by the city Department of Buildings to proceed with plans to develop two high-rise residential towers at the site.
The graffiti covered 5Pointz building at 45-46 Davis St. is facing a wrecking ball under a plan that calls for two highrises– 41- and 47-stories that would feature a number of amenities, including a gym, media center, swimming pool, shops, restaurants, a supermarket, a park and open air concourse–and open space for work by graffiti artists.
5Pointz owner, developer Jerry Wolkoff presented the proposal to Community Board 2 earlier this year, saying the development would be an asset to ongoing changes in the Long Island City community.
Community board officials expressed concern over the size and scope of the proposed project, but agreed that a mixed-use development at the site would be a fitting “next chapter” to the history of the iconic 5-Pointz building.
(Although the Gazette erroneously reports that fire escape collapse victim Nicole Gagne died, she in reality, has not.)