RIP 5 Pointz

"Days after a rally where supporters promised to save it, Long Island City graffiti destination 5 Pointz is now being painted white. The "official" 5 Pointz NYC twitter acocunt noted that the painting occurred overnight, "with police protection." More painting is going on now with security present. 
The warehouse will be razed to make way for luxury condos, by the Wolkoff family who owns the property. The City Council approved the plan, noting 1,000 union jobs would be created, plus there would be 12,000 square feet of art space, 10,000 square feet of external panels for aerosol art, and 32,000 square feet of public space."
5ptz 
[gothamist]