An agreement appears to have been reached with the developer to dismantle but preserve the sign so that it can be relocated to another location in Gowanus. The owner, Iyahu Cohen, has agreed to donate it to the nonprofit Gowanus Alliance, which will repurpose it at a new location.
“We love the sign, and we heard the voices of so many community members,” Cohen said in a statement. “We will work hard to preserve the letters during removal.”
City Councilman Brad Lander helped broker the deal, which was first reported in the New York Times.