New YorkMar 30, 2021Wolkoff family firm snags $350M loan for 5PointzEx-factory site was subject of legal throwdown over graffiti
New YorkOct 6, 2020Wolkoff’s firm still on hook for $6.7M in 5Pointz whitewashing: courtUS Supreme Court decided against rehearing a case after G&M Realty appealed the 2018 decision
New YorkMar 10, 2020Has coronavirus killed real estate’s “handshake deal?”Brokers and developers say they are following advice to replace handshakes with elbow or fist bumps
New YorkFeb 21, 2020Judge upholds $6.75M award for 5Pointz artistsReward is $150,000 for each of 45 destroyed works of art
New YorkNov 7, 2019Some builders upset as voters add red tape to projectsMeasure gives community boards more time to review ULURP applications
New YorkFeb 18, 2019Long Island Cheat Sheet: Amazon’s LIC withdrawal causes development concerns, Central Islip rental project secures $65M in financing… & more
New YorkOct 1, 2018Long Island Cheat Sheet: 7K new construction jobs created on the island in the past year … & more
New YorkMar 15, 2018The wolf in Wolkoff: Why the developer isn’t budging on building a mini city on LIVilified in Queens and protested in Islip, the tenacious developer of Heartland Town Square faces a fight at every turn — but the octogenarian isn’t budging
New YorkMar 12, 2018Long Island Cheat Sheet: Tritec Real Estate ranked as the area’s top developer, Versailles-inspired mansion in Old Brookville listed at $60M … & more
New YorkFeb 13, 20185Pointz developer must pay artists $6.7MJudge ruled that Jerry Wolkoff violated obscure law
New YorkFeb 9, 2018Wolkoff lands $300M loan for the second phase of 5PointzDeveloper is still finishing work on 1,115 units at 22-44 Jackson Avenue
New YorkNov 8, 2017Jury says Wolkoff broke law by destroying 5Pointz graffitiFindings will be recommendation to judge, who will issue a final verdict
New YorkAug 24, 2016Union workers slam Wolkoff over jobs pledge at 5PointzTrades, allies claim developer went back on his word to employ 100% union labor
New YorkSep 14, 2015G&M Realty can keep 5Pointz name for LIC high risesDeveloper will use a state servicemark rather than a federal trademark
New YorkJun 13, 2015Graffiti artists seek damages from 5Pointz whitewashThey claim they should have been allowed to retrieve their work
New YorkAug 22, 20145Pointz to begin coming down todayDemolition to make way for new residential development by David and Jerry Wolkoff
New YorkAug 12, 201410 biggest NYC real estate projects filed in JulyThe largest plans on the drawing board, based on last month's permit applications
New YorkAug 7, 2014Plans for graffiti space at 5Pointz development emergeArtists will be allowed to tag the walls in a 30,000-square-foot courtyard
New YorkJul 17, 20145Pointz to be completely demolished by OctoberDeveloper Jerry Wolkoff to replace graffiti mecca with 1,000 apartments in two towers
New YorkMar 10, 2014Protesters hang “gentrification in progress” sign on 5 PointzDemolition of iconic LIC site to give way to two residential buildings