More Affordable Units for 5Pointz Condo Plan

At a City Council hearing this week, 5Pointz owner David Wolkoff promised to include 209 affordable apartment units in the condo towers replacing the graffiti mecca. That number’s up from the 75 units promised over the summer. The two buildings proposed, each 47 and 41 stories tall, will hold around 1,000 luxury apartments. DNAinfo reports that Wolkoff upped the affordable units and also pledged to create 1,000 union jobs after discussions with City Councilman Jimmy Van Bramer. The developers also plan to reserve some space for artists’ studios. The City Council will hold another hearing on the 5Pointz proposal today, and DNAinfo says that a vote could come as early as next week. The City Planning Commission approved the plans in August.

Developer Pledges to More Than Double Affordable Units in 5Pointz Plan [DNAinfo]