Attention street art connoisseurs: 5 Pointz, AKA “graffiti Mecca” might soon be no more.

David Wolkoff, whose family owns the property, announced last Wednesday at a land use committee meeting that the famous collaborative art exhibit in Long Island City will be demolished this fall.

Wolkoff’s plan—currently pending approval—for the space includes construction of two residential buildings, one 47 stories and the other 41 stories. The buildings would include 1,000 rental units.

5 Pointz has found itself on the chopping block before.

Last May Wolkoff first floated the idea of building an apartment complex, but was met with petitions from upset artists and Queens residents. Long Island City Councilman Jimmy Van Bramer, who protested the idea in 2011 remains involved in the issue, but had no comment on the latest declaration for demolishing the graffiti museum.

5 Pointz has been a significant landmark in Queens since its creation in 1993. Started by Pat DiLillo under a program called Graffiti Terminators, the program focused on changing graffiti from vandalism into art.

According to the 5 Pointz website, “the name 5Pointz signifies the five boroughs coming together as one but, because of its reputation as an epicenter of the graffiti scene, the industrial complex has actually united aerosol artists from across the world.”

Check back to the Queens Beat as we’ll continue to update this story as it develops.