New movie studio promises to bring jobs and business to Yonkers – CBS New York

YONKERS, NY (CBS New York) — A new movie studio has opened in Yonkers, and the company behind the project says it will be the largest of its kind in the entire Northeast.

CBS2’s Nick Caloway previewed Lionsgate Studios Yonkers.

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Yonkers, as they say, is hitting its mark as the huge movie studio opened in the heart of downtown.

Lionsgate Studios Yonkers (CBS2)

The campus was created by Great Point Studios. Robert Halmi, its president and CEO, said the studio would be by far the largest in the region.

“There are a lot of scenes in Los Angeles, Atlanta and London, but not, surprisingly, not a lot of big scenes in the northeast,” he said.

Currently, three soundstages are open and gearing up for production, totaling half a million square feet, and the studio will double in size over the next 18 months with a $500 million expansion underway.

By the end of 2023, the facility will cover 20 acres and house 11 large sound stages measuring approximately 20,000 square feet.

The Starz TV series “Run the World” will be filming in the studios starting in March with many more to follow.

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There’s skyrocketing demand for large production spaces, fueled in part by the popularity of big-budget, binge-worthy streaming shows.

“You didn’t need such big stages five years ago, so it’s kind of a phenomenon based on what Amazon, Netflix, Disney and Starz produce. You know, without these big stages, you can’t not do these big shows,” Halmi said.

The project is a dream come true for Mayor Mike Spano, who wants to make Yonkers the “Burbank of New York.”

After the expansion, the studio could create around 3,000 full-time jobs, including 350 local hires.

“It will have an impact. People here are going to get those jobs. The revenue that returns to the city will help improve the quality of life,” Spano said.

On the property that was once the Otis Elevator Factory, they will soon be rising stars in Yonkers.

The City of Yonkers says more than $2 million in tax exemptions were given to Great Point Studios to lure the facility to Yonkers, but the studio says it will bring hundreds of millions of dollars in taxable revenue to the city. .

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CBS2’s Nick Caloway contributed to this report.

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