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5Pointz owners employ art of the deal

5Pointz Aerosol Art Center owners Jerry and David Wolkoff have more than doubled the number of units they’re willing to set aside for affordable housing in the luxury apartment towers they hope to build in Long Island City.

Clare Trapasso for Daily News

5Pointz Aerosol Art Center owners Jerry and David Wolkoff have more than doubled the number of units they’re willing to set aside for affordable housing in the luxury apartment towers they hope to build in Long Island City.

Call it the art of the deal.

The owners of the 5Pointz Aerosol Art Center are so eager to knock down the graffiti haven and replace it with high-end apartments that they have more than doubled the number of units they’re willing to set aside for affordable housing.

Jerry Wolkoff and his son David Wolkoff, of G & M Realty, agreed to increase the number of affordable units from 75 to 210 when they seek City Council approval Wednesday for the 41- and 47-story towers, which would require a special permit to build bigger than current zoning allows.

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Preference is expected to go toward city workers, teachers, veterans, seniors and residents of Community Board 2, which encompasses the area.

“We don’t just want development for wealthy people,” said City Councilman Jimmy Van Bramer (D-Sunnyside), who helped hammer out the deal and promised his support. “We don’t want to price out people from the community.”

To appease the loud outcry from artists, the Wolkoffs have increased the studio and gallery space included in the project from 2,200 to 12,000 square feet.

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Jerry Wolkoff and his son David Wolkoff, of G & M Realty, agreed to increase the number of affordable units from 75 to 210 when they seek City Council approval Wednesday for the 41- and 47-story towers, which would require a special permit to build bigger than current zoning allows. They also promised to provide more space for artists and even set up panels for taggers outside the buildings.

DelMundo, Anthony freelance NYDN

Jerry Wolkoff and his son David Wolkoff, of G & M Realty, agreed to increase the number of affordable units from 75 to 210 when they seek City Council approval Wednesday for the 41- and 47-story towers, which would require a special permit to build bigger than current zoning allows. They also promised to provide more space for artists and even set up panels for taggers outside the buildings.

They also offered to let the center’s artists create murals on panels that will be installed around the base of the new towers.

“Hopefully, they’ll come back and paint on the walls again,” said David Wolkoff.

But 5Pointz spokeswoman Marie Flageul said the developers had not yet initiated that conversation.

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“Nothing was offered,” she said. “We have nothing in writing.”

The developers also promised to create 800 union construction jobs, and 200 full-time union jobs for buildings workers.

The Wolkoffs have been allowing artists to paint the walls of the former water meter factory for more than a decade.

It is expected to meet the wrecking ball by year’s end. The first tower is expected to be completed by late 2015.

“It’s going to be great for the area,” David Wolkoff said. “We are committed to having the art back.”

ctrapasso@nydailynews.com


Lifestyle – NY Daily News

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