That's what the owner of the site, Jerry Wolcoff is saying, proposing the idea of replacing the Graffiti mecca with two high-rise towers containing up to 1,300 rental units. If the plan were to go through, this would likely be one of the more blatant and heavy handed examples of gentrification taking its toll on urban art in the city. Jonathan Cohen, the founder of the 5Pointz Collective says "If it were to happen, it would be no different than tearing down the MOMA or the Guggenheim." If the plan does come to fruition, it would be a $300,000,000 project that would dramatically change the face of Queens. Joseph Conley, the head of Queens Community Board 2 says that the development would bring a lot of needed revitalization and jobs to the area. Prepare for this one to start a protest shitshow if it moves forward.