Thursday, February 16, 2017

New York City to Add 100,000-Square-Foot Production Facility for Film and TV in New $136 Million Campus

With film and TV production in New York City filling local sound stages to capacity, the city will construct a new, 100,000-square-foot production facility as part of a $136 million development project in Brooklyn that will also create new spaces for garment manufacturers and other industries related to film, TV, and fashion.

The city investment of $136 million will go toward capital improvements to what will be a new Made in NY campus at Bush Terminal, a little-used area on the waterfront in Sunset Park, Brooklyn. Capital projects on the budget including the renovation of two existing buildings to create 200,000 square feet of garment manufacturing space and the construction of the new film and TV production facility. All three buildings will be owned by the city and leased to tenants at reasonable rates in an effort to grow industries and jobs in New York.

Announced by a group of city leaders that included Mayor Bill de Blasio and Julie Menin, the commissioner of the Mayor’s Office of Media and Entertainment, work on the campus — projected to open in 2020 — will begin as New York City has reached highs in film and TV production. The 336 features filmed in the city last year marked a 40 percent increase compared to the previous year, and a 13 percent growth in TV production brings the tally to 52 series shooting in New York. According to Menin, the media and entertainment sector currently encompasses 385,000 area jobs, more than the financial and insurance industries combined.

For more information, read the Gordon Cox article in Variety by clicking here.

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