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A blog from CityRealty (Links below will take you to the 6sqft site)

Rental Building News and Offers

All images of 5Pointz via MNS All images of 5Pointz via MNS
The warehouse formerly at 22-44 Jackson Avenue has given way to a twin-towered rental development dubbed 5Pointz, but its history as a street art mecca has not been forgotten. Street artists spent years using the building as a canvas and turning it into a graffiti art destination, but developer G&M Realty whitewashed the building without warning before demolishing it. A group of graffiti artists sued under a provision known as VARA (Visual Artists Rights Act); in 2018, Brooklyn Supreme Court Justice Frederic Block ruled that the developer violated the artists’ rights and ordered them to pay the artists the maximum of $150K per destroyed artwork for a total of $6.75 million. G&M Realty tried to take their case to the Supreme Court, but their request was declined last fall.

Most recently, leasing has launched on the apartments inside with several allusions to its artistic past. Residents should be able to move in in the coming weeks (h/t The Real Deal), and current availabilities range from $2,875/month for studios to $4,500/month for three-beds. The building is currently offering up to 3 months free rent and free amenities. According to CityRealty listings, the prices are roughly in line with the neighborhood’s median rent, which ranges from $1,950/month for studios to $4,892/month for three-beds.
 
 
 
 
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In all apartments, “your living room is your canvas to fill” with elegant finishes, hardwood floors, and oversized windows looking out on spectacular sunset and skyline views. Kitchens come outfitted with granite countertops and stainless steel appliances. Baths have rain-head showers, soaking tubs, and soothing finishes.
Early marketing materials promised “graffiti-inspired art” throughout the building, but recently released renderings do not show any trace of that. What they do show, however, is an impressive, 90,000-square-foot amenities package that includes a courtyard with shuffleboard court, an indoor pool with lounge chairs, a co-working lounge, a video arcade, an indoor basketball court, and indoor/outdoor Sky Lounge with BBQ grills and panoramic views. A nearly 8,000-square-foot fitness center offers cardio and strength equipment, spin rooms, group fitness rooms for yoga and dance, a boxing gym, and a sauna; a game lounge comes with big-screen TVs, video game systems, and a pool table. Additional conveniences and services include an attended lobby, pet-washing station, and on-site parking.
 
 
 
 
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5Pointz is well situated in the heart of Long Island City near the Court Square E, M, G, and 7 trains, allowing for a quick trip to Manhattan and Brooklyn. Closer to home, the building is one block from MoMA PS1. Popular restaurants, Gantry Plaza State Park, and Hunters Point South Park are a short walk away.

It is also the latest in a long line of amenity-rich rentals that have populated Long Island City in recent years. The ODA-designed 22-22 Jackson Avenue is across the street from 5Pointz, and Hayden, Linc LIC, Townhouse on the Park, The Cove, and The Pearson Court Square are a short walk away.
22-44-Jackson-Avenue-03 Lottery criteria via Housing Connect
The market-rate leasing launch comes just over a month after an affordable housing lottery for 337 units commenced. Households earning 130% of the Area Median income ($63,429 - $183,300) have until May 25, 2021 to apply for apartments ranging from $1,850/month for studios to $3,200/month for three-bedrooms. Full criteria and instructions may be found here.
 
 
 
 
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5Pointz Leasing

5Pointz Leasing
22-44 Jackson Avenue
Long Island City , New York 11000
(646) 783-XXXX
Map

Additional Info About the Building

 
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