NEW YORK (CBSNewYork/AP) — A lawmaker says the City Council has reached a deal on a $400 million project to redevelop several buildings in Queens recognized for their graffiti art.
The owner of the brick warehouses, known as 5Pointz, wants to demolish them to make room for two luxury residential towers. For years, the owners have allowed graffiti artists to use the Long Island City building as a canvas.
Council Member James Van Bramer said under the agreement, there will be a continued commitment to the arts in the building.
The owners have agreed to increase the amount of artists’ studio and gallery space and offer 5Pointz artistic director Jonathon Cohen to curate the nearly 10,000 square feet of art panels and walls in the building, Van Bramer said.