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Canyon Partners, J.P. Morgan Provide $193M for Queens Media Production Studio
Canyon Partners Real Estate LLC and J.P. Morgan have jointly provided a $193 million senior construction loan to East End Studios for the development of the Sunnyside Campus, a media and content production studio in Queens.
The 275,000-square-foot Class-A facility will include three full-service sound stages, a rooftop flex stage with panoramic views, production, office, and mill spaces, parking, and loading bays. The Sunnyside Campus is expected to be completed by Q1 2025.
“New York City is one of the largest entertainment markets in the world, with significant unmet demand,” said Jonathon Yormak, a founding partner at East End Studios. “Our Sunnyside Campus is going to meet that demand while establishing an elevated standard for modern studio workflows.”
- ◦Development
