Here's the latest on St. Saviour's from various news sources:

DOB denies St. Saviour's owner - Queens Chronicle

Warehouse Plans Unveiled for St. Savior's but Fight Continues for Parkland - Forum West

St. Saviour's backers fight development - Ridgewood Ledger

WAREHOUSES WILL RISE AT CHURCH SITE - Times Newsweekly

Bottom line is that $3.5M has been raised thus far to purchase the park, but the owner is pressing forward with plans to build warehouses on ~1/4 of the site.  His initial application to do so was rejected by the Buildings Department.  Elected officials are attempting negotiations with the owner while trying to raise additional funds for the purchase.