Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + Outer  | 

Developers Pay $6.7M to the 5Pointz Graffiti Artists

A federal judge awarded $6.7 million to 21 graffiti artists who once covered the 5Pointz building in Long Island City in Queens, NY, with dozens of murals.

Developers Jerry and David Wolkoff painted over the graffiti murals before they demolished the building to make way for the development of two giant rental towers.

Since the 1990s, the Wolkoffs had an informal agreement that allowed the artists to paint walls, making the empty building a famous tourist attraction. The artists have sued on the grounds that they weren’t given time to preserve their murals.

For comments, questions or concerns, please contact our New York commercial real estate editor Bendix Anderson

Connect

Inside The Story

Read More at the New York Times

About Connect CRE

  • ◦Development